StockRake - Latest Comments in Are You Hot Mama?

Re: Are You Hot Mama?

VT Castle — Wed, 16 Jul 2008 15:13:48 -0000

Agreed - the ultrashorts are a little powderkeg-ish to me, but the UYG is a killer trade if you scored it.

I nibbled on some GS tomorrow thanks to the technical heads up, but I'm just thankful I've got some daytrading skills leftover from early 2000 to deal w/ a schizo market.

Love the blog - just added you to the RSS so expect a few questions from my direction.

VT

Re: Are You Hot Mama?

Sensei — Wed, 16 Jul 2008 13:14:30 -0000

Anyone who was long energy and short the financials and is a short term trader going into today was a jackass. I mean if you owned the SKF and didn't cover all or most on that ridiculous gap up yesterday seriously....UYG now up 13.7% today.

Market is stair stepping up carving out support the whole way up. Very methodical and dangerous if you (not you VT, but anyone else) are still short.

Re: Are You Hot Mama?

VT Castle — Wed, 16 Jul 2008 13:10:36 -0000

Ironic I was thinking the same thing... except it's the flames from those who crashed and burned who were long energy today!

It's a good time to buy up beaten down names for a quick trade/daytrade!