cckblocker, you are a blithering idiot troll but you might be right on this one, although 80 is a complete stretch. Something big has to happen, though.
Honestly, though, if you don't know, you are a moron. You shouldn't be playing around with real money. Stick to applesause and your big gulp slurpee straw. Invest in applesauce.
What trend, friend? STOP PLAGIARIZING YOU IDIOT. Who's the dumb ass now.
Hey you should go hang out with the other dumb ass andthataintall. Hope both of you idiots are having a good day. Freaking Rookies.
I think your right, OIL will come down, the Feds will pull something out of there AHole and SRS will go back down under 90,
I will get back in then,
Though I could be wrong and it could hit 130 next week,
but I already sold
i agree we coiuld go down to 89 where we have some support we would be lucky if it went under the 200day MA and pick up more at the 84 range, i can easily see this market absolutely collapsing if dow falls under critical support
So what? $SPX is also very close to an important support level at 1328. It's going to dive right through it very soon , maybe even tommorrow, IMO.
When that happens, it's going to be a bloodbath in the markets.
You're probably one of the dummies that shorted oil at $98, insisting it couldn't go higher. Duh.
Think about getting on the winning side for a change
I have owned 6000 shares of SRS now for 4 months, and have not realized a profit yet, bought at 100 which seemed cheap at the time,
I sold off half my shares at 96 and thinking of selling more, I am tired of this thing not breaking out, but I dont want to miss it either if it does.
I've been in for about the same amount of time. Except that I only have a few hundred shares. Break even point at 97.xx. It looks like macro conditions are deteriorating and interest rates are heading higher at the same time. Theoretically, SRS should be on the march. It just depends what garbage the FED & the federal government put forth to prop up markets. I am hoping their bag of tricks is running low but you never know.