3SOF

how much of affect do you think the lenders getting squeezed is moving up the market? im wondering if the market will open up tomorrow then close in the red? any thoughts.

Quote from: prodigykid6 on March 15, 2007, 12:44:56 PM
how much of affect do you think the lenders getting squeezed is moving up the market? im wondering if the market will open up tomorrow then close in the red? any thoughts.

I think alot of short squeezing is the reason the market is green today. To bottom fisher longs is not a good thing.

We may close in red today. Not much rum left to go up for lenders

Quote from: HomeBound on March 15, 2007, 01:01:28 PM
We may close in red today. Not much rum left to go up for lenders

Stocks like LEND, CFC, DHI, PHM, BAC, GS keeping are keeping the market afloat in green by running up on short squeezes. Once its apperant the mortgage problem is not getting better anytime and only getting worse the market will fall.

Just bought NVTL.  Good pick David!

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Quote from: nullzero on March 15, 2007, 01:10:45 PM

Quote from: HomeBound on March 15, 2007, 01:01:28 PM
We may close in red today. Not much rum left to go up for lenders

Stocks like LEND, CFC, DHI, PHM, BAC, GS keeping are keeping the market afloat in green by running up on short squeezes. Once its apperant the mortgage problem is not getting better anytime and only getting worse the market will fall.

tried to short lend just now at scottrade . no` shares available .
maxi

Quote from: rickjust on March 15, 2007, 01:38:35 PM

Quote from: nullzero on March 15, 2007, 01:10:45 PM

Quote from: HomeBound on March 15, 2007, 01:01:28 PM
We may close in red today. Not much rum left to go up for lenders

Stocks like LEND, CFC, DHI, PHM, BAC, GS keeping are keeping the market afloat in green by running up on short squeezes. Once its apperant the mortgage problem is not getting better anytime and only getting worse the market will fall.

tried to short lend just now at scottrade . no` shares available .
maxi

that means LEND is going up

Quote from: rickjust on March 15, 2007, 01:38:35 PM

tried to short lend just now at scottrade . no` shares available .
maxi

I think you'd be hard pressed to find shares to short right now. I'm kicking myself for getting stopped out at 7.50 this morning.

Quote from: nutsterrt on March 15, 2007, 02:00:09 PM

Quote from: rickjust on March 15, 2007, 01:38:35 PM

tried to short lend just now at scottrade . no` shares available .
maxi

I think you'd be hard pressed to find shares to short right now. I'm kicking myself for getting stopped out at 7.50 this morning.

? why you just saved yourself a ton of money...you really think LEND will drop that much

Buy some lend puts to play the downside

LEND is almost 120% up from it low. I would say it will succumb to gravity

New here...

I recall a successful trader named Jack Carter from Louisville CO, state that as a whole stocks typically fall 4 X faster than a typical stock rise. Of couurse this means that shorts can have substantial volatility. I don't know what statistics he was citing to back his claim.

I say it is better to stay on the sidelines with mostly cash in a broadly falling market.

The trend is our friend.

Quote from: rickjust on March 15, 2007, 01:38:35 PM

Quote from: nullzero on March 15, 2007, 01:10:45 PM

Quote from: HomeBound on March 15, 2007, 01:01:28 PM
We may close in red today. Not much rum left to go up for lenders

Stocks like LEND, CFC, DHI, PHM, BAC, GS keeping are keeping the market afloat in green by running up on short squeezes. Once its apperant the mortgage problem is not getting better anytime and only getting worse the market will fall.

tried to short lend just now at scottrade . no` shares available .
maxi

I also tried putting short orders at 11.30  all morning long 'cause I sensed the gap was to be closed but couldn't find shares available at scottrade,etrade,zecco......that sucks..

Quote from: nullzero on March 15, 2007, 02:03:27 PM
Buy some lend puts to play the downside

don't have an option account with scottrade . i do with tradking but i am all tied up right now
max
bummer

Quote from: bocasva on March 15, 2007, 02:15:05 PM

Quote from: rickjust on March 15, 2007, 01:38:35 PM

Quote from: nullzero on March 15, 2007, 01:10:45 PM

Quote from: HomeBound on March 15, 2007, 01:01:28 PM
We may close in red today. Not much rum left to go up for lenders

Stocks like LEND, CFC, DHI, PHM, BAC, GS keeping are keeping the market afloat in green by running up on short squeezes. Once its apperant the mortgage problem is not getting better anytime and only getting worse the market will fall.

tried to short lend just now at scottrade . no` shares available .
maxi

I also tried putting short orders at 11.30  all morning long 'cause I sensed the gap was to be closed but couldn't find shares available at scottrade,etrade,zecco......that sucks..

i dont know if this is true but i heard brokers like scottrade will buy stock to sell short...so maybe that was the rally we were seeing...just a guess....i know i've called scottrade to short a stock that i couldn't online...give that a shot it worked for me