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RhinoOptions (< 20)

He's Got a Golden Ticket!!!

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November 04, 2009 – Comments (2) | RELATED TICKERS: FUQI , FLS , NEU

I think Warren Buffet just sneezed... LOL... Did he give out any new stocks he might like??? Warren buys Bulington Northern and the stock goes up $20... Pop!... Just like that... The options go from $20 each to over $700 in one day... Must be nice... Missed that move.... I am in FUQI at the moment looking for an earnings play into Friday Nov. 6... I have a whole 3 options for the Nov. $26 call... Wow!!!... I have decided to make it easy on myself... From now on I am looking to get in and out of options asap... Looking for a simple 50% move in the option price and then Im out... This happens all of the time... Before I was super greedy... Looking for huge gains.... However I would stay in too long (too much exposure time), and the stock would move against me and BAM!, I took a loss.... The real trick in trading is knowing that you SUCK as a trader... Then you at least have somewhere to start from... Humble beginnings right???... Then you begin to see the best way to trade knowing your risk tolerence and having a good game plan to enter and exit a trade... Profit is always your friend... This market right now is Bi-Polar... Cannot make up its mind... Very short trade periods... 3-5 days if that... Oh well... We shall see what the next three days holds for me... Until then, Rumble on Rhino style...

2 Comments – Post Your Own

#1) On November 04, 2009 at 3:59 AM, KamranatUCLA (29.78) wrote:

The market is not bi-polar. You are bi-polar and you are not an investor, you are a gambler. Just read your post, it sounds like a gambler on crack.

You also remind me of some my friends who have gambling "issues."  And each time we go to Vegas they think their system will beat the hous. Yeah rite. And when their system don't work they blame themselves not sticking with their system or they come up with new system.

I think you will be better off to get a regular job like the rest of us and invest your money long-term in something you like...gold, apple, BLTI, ACI...GE...or whatever you like.

I think there is a big opportunity loss when you waste all your time and money in what you are doing now.

Best of luck. Just move on with your life dude.

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#2) On November 04, 2009 at 7:10 AM, tfirst (98.05) wrote:

Yeah I think I'll rush right out and buy Apple at these highs and more of GE which has more debt than God.....

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