Originally Posted by phish42O

Here comes the pain, bitches! 2008 redux starts today.

Strap on your seatbelts.

JP losing 2 billion is like me losing 10 cents. I was fully expecting the market to tank prior to JP Morgan and it didn't. The press has been making a big deal out of Greece and France, but the reality is different. Cooler heads will prevail. Greece will have to take their medicine one way or another and staying in the Euro is the least painful way. Sure France has a socialist leader now, but Sarkozy was a socialist in all ways but name. Just saying there is a lot of hype and little substance.

The calls I sold expire today and if VXX is up 17.80+ I will be buying some puts.

Been looking for some good opportunities since the open, not really suprised that market hasn't fallen more on the hype. Was expecting Wells Fargo to be down more, was hoping to pick up some more, and its actually up right now LOL. Citi took a big hit, but won't touch that bitch. Have to take the kids to school will check back later.

Might buy some more TBT (Bond short fund).

2 bill is just the beginning. They are stuck along with all the others. They can't unload their positions without getting raped. But they can't hold without getting raped, too. Some smart motherlhuckers in financial warfare.

They gonna get raped.

Ut oh guess I was wrong about Greece and it appears a Euro exit is a given, unless Germany concedes.

http://www.bbc.co.uk/news/world-europe-18030786

Latest polls put the Radical Left (Syriza party) at 28% if new elections are held which would give them 128 seats out of 300 in Parliament.

 

Originally Posted by rebelfd

Gold 1400?

Top 5 members over 3 Months on Jan 01, 1
Rank Login Symbol As OfPriceLast 3 MonthsLast 6 MonthsCompliance
# 1 unforseen URF May 10, 2012 $12.53 -3.43% 4.79% 100.00%
# 2 rebelfd OTRMF May 10, 2012 $11.04 4.50% 12.90% 57.78%
# 3 bigorangefan BFMF May 10, 2012 $9.04 -4.71% -2.42% 100.00%
# 4 the_saxman TMF May 10, 2012 $7.07 -10.14% -8.74% 97.78%
N/A cizastro CIOTF May 10, 2012 $9.77 -3.74% 12.97% 0.00%
[ See all club rankings for: OT PM Challenge ]

whats with the compliance bro?

i was heavy on energy and took a massive hit...also my portfolio is all EM and it has fucking lagged mainly thanks to the chinks.....fucking chinese start buying and building shit

 

Originally Posted by rebelfd

Gold 1400?

Top 5 members over 3 Months on Jan 01, 1
Rank Login Symbol As OfPriceLast 3 MonthsLast 6 MonthsCompliance
# 1 unforseen URF May 10, 2012 $12.53 -3.43% 4.79% 100.00%
# 2 rebelfd OTRMF May 10, 2012 $11.04 4.50% 12.90% 57.78%
# 3 bigorangefan BFMF May 10, 2012 $9.04 -4.71% -2.42% 100.00%
# 4 the_saxman TMF May 10, 2012 $7.07 -10.14% -8.74% 97.78%
N/A cizastro CIOTF May 10, 2012 $9.77 -3.74% 12.97% 0.00%
[ See all club rankings for: OT PM Challenge ]

whats with the compliance bro?

i was heavy on energy and took a massive hit...also my portfolio is all EM and it has fucking lagged mainly thanks to the chinks.....fucking chinese start buying and building shit

 

Originally Posted by rebelfd

My shares in Apple put me out of compliance. I should be good to go by end of the quarter.

compliance is a bitch. I'm long em long term but this year who knows wtf the fuck is going to happen. Will all the elections going on you would think all outgoing/incoming leaders would push their central bankers to act so the year doesn't look as shitty. Oh well

FB day, who's in?

 

Originally Posted by phish42O

Lol... I imagine bigearns gonna get it at the peak. (I still love you bigearn, please don't squash my head).

Wouldn't touch it if my life depended on it. Would short it if I could.

Doubled my portfolio since managing all my own funds since last year. Haters gonna hate.

 

Originally Posted by RichardHurtz

There should be options aviable. Puts?

No options on FB until the next couple of weeks. I think its normally a 30 day wait but have heard options are going to be available in the next couple of weeks.

 

Originally Posted by rebelfd

Anyone?

Short it until it's at 1250 then go long until it goes to 1980?

Doubt you have the options ability to do something complex. You could do a 1250 binary put that has a knock in call option with a $1500 strike?

 

Originally Posted by RichardHurtz

Options are available as of a few days ago.

Yes as I have been following FB options. I made that post on the 18th and options didnt start till the 29th.

Think SLV might be a player again?

If I just want to toss a few bucks and start off as as hobby investor with potential of eventually having it be a bigger thing as I get better at it/ if it doesn't make me hate life where would you start?

Scott Trade?

I am literally planning on putting 200-500 in one equity or possibly a big gamble on a future and then adding more $ here and there as I see fit.

Also side not if its not already terribly obvious I don't really know what I'm doing

Thanks!

 

Originally Posted by rebelfd

Anyone?

For the six month period ending March 31, 2012 your fund outperformed 99.2% of the other funds on our site. Your forum and other privileges are based on this ranking


ALL RANKINGS FOR YOUR FUND
Date 1 Month 3 Months 6 Months 1 Year 2 Year 3 Year 4 Year
Sep 30, 2011 N/C N/C
Dec 31, 2011 89.1% #69 N/C
Mar 31, 2012 21.5% 71.4% 99.2%

N/C = "Not Compliant", and means you weren't compliant for that period.
A blue star means you were in the top 100.
A green star means you were in the top 25%.
The numbers above are the percentage of compliant funds that your fund beat in the given time period, unless you were in the top 100 for that period, in which case the number displays your rank.

 

Originally Posted by USCphildo

I believe Gold had its biggest gain in 3 years on friday. Silver is ticking up too. Gold and silver mining stocks are flying up. Wonder if the end is near...

I don't know what to think after today.