快樂牛郎

Ya, so far BP has no impact on other industries.  But since 1/3 of my stocks are in oil, I am mostly concerned with how the cap works.

Financials had a relatively wild day today.  I have no idea how GS will do tomorrow.  I don't hold any ETFs anymore so as long as it's not a broad slide, it's not gonna have any direct impact on me.

快樂牛郎

I am still long at the moment but if the market closes green tomorrow I will probably start building a short position.

快樂牛郎

Alright, things are once again working in my favor.  Started a small short position (7% of total holdings) before the market closed today.  Will add more if the market keeps going up.

快樂牛郎

AAPL blows out again.  UP $10 after market.
Tomorrow is gonna be tricky.

maldini

buy appl now? or short financials?

快樂牛郎

Short AAPL is the more prudent action.

I am putting in an order for TYP, and hopefully it will be filled by tomorrow morning.

BiscottiGelato

I gambled AAPL w/ my lunch money today, too much pre-ER pessimism esp with Antennagate. So AAPL paid for my lunch today. Gonna be out tomorrow tho, ought to be better entry point even if one's thinking about longing AAPL.

快樂牛郎

I think now that AAPL is out the way and the BP situation is stablizing, the Euro banking stress test on Friday will be the biggest event remaining.  Unemployment reports will still matter, but not as much as the stress test results.

快樂牛郎

Just as I mentioned yesterday that IBM's disappointing earnings weren't indicative of where the market would go today, a fantastic report by AAPL also doesn't mean the market will close in the green tomorrow.  Being a contrarian really pays off in today's market.

BiscottiGelato

Just as I mentioned yesterday that IBM's disappointing earnings weren't indicative of where the mark ...
快樂牛郎 發表於 2010-7-20 14:03

Definately, AAPL does not represent the market. Moreover, whoever thinking of chasing after AAPL at this point would need to have serious guts...