Stock market tips and experiences

persian54 · 05-07-2011, 02:55 AM

this isn't a stock market related question.. but hopefully maybe one of you can please help me out:
How does one do a cash advance on a credit card?
I heard you go to an ATM and take the money out? But I don't remember ever setting a PIN... so how does that work?
I have never done a Cash advance and feel the crazy high interest is a waste... but my friend asked me and I didn't have an answer for her... I don't like not having answers to things... and no I didn't Google it

. I will in the morning if I don't have an answer here (why didn't I google it? Don't have an answer for you

)

And to give my tip, if it's worth anything:

NBG (along with other Greek banks) has recently begun dropping due to it's increased risk. However, if they sell their $5 billion holdings... they can help even out. However, the Greek economy is still sinking with no signs of really stopping...
So it seems that it's recommended to buy the stock if you are willing to do the risk... but put in puts just in case...

I read about this earlier today

NBG has made a lot of money for me for a while, I keep selling at 10 cent intervals, sometimes even 5 cent intervals a couple times a day, and it really adds up.
Though recently I am down quite a bit from the 50 cent drop it's done... but hopeful :d

stylinexpat · 05-07-2011, 06:21 AM

WSJ just put out a pretty good article about this recent Silver frenzy

http://online.wsj.com/article/SB1000...172271272.html

stylinexpat · 05-09-2011, 12:53 AM

I now know why Silver took such a huge dump and how 2 people made a killing on it on the way up and down.

I now think I know who did this trade. Carlos Slim held such a large position and knew that if he and Soros dumped the price of Silver would go down and if he bought puts he would make money on them puts when the price dropped so it was easy for him to make money when they both sold. They made money on the run up and the run down. Shows how easy it is for the rich to make more money and make money regardless of which way Silver goes. A few weeks ago someone had bought 1 million July $25 puts.

http://www.reuters.com/article/2011/...10776920110504

nnnnnnnnnnnnnnnnnnnnnn · 05-09-2011, 01:32 AM

Quote:

Originally Posted by stylinexpat

I now know why Silver took such a huge dump and how 2 people made a killing on it on the way up and down.

I now think I know who did this trade. Carlos Slim held such a large position and knew that if he and Soros dumped the price of Silver would go down and if he bought puts he would make money on them puts when the price dropped so it was easy for him to make money when they both sold. They made money on the run up and the run now. Shows how easy it is for the rich to make more money and make money regardless of which way Silver goes. A few weeks ago someone had bought 1 million July $25 puts.

http://www.reuters.com/article/2011/...10776920110504

not surprise at all

stylinexpat · 05-09-2011, 03:38 AM

Quote:

Originally Posted by ferrari355fi

not surprise at all

Mistake in one of my sentences is fixed.

They made money on the run up and the run down.

stylinexpat · 05-09-2011, 06:07 AM

I reckon last Friday was a good day to get in on some Oil calls as the last oil drop was a bit over exaggerated. Oil should pop back up again. Silver is doing well so far in futures anr pre-market. In Asia/Europe it managed to gain a it. As long as no big Silver holder takes another dump today in the US Silver should be posed for a rebound. Let's see what happens next. I do worry about the rebound though because of all those Puts at $30 and under.

stylinexpat · 05-09-2011, 07:10 AM

SLV is looking good in pre-market now. I hope this bounce has legs.

stylinexpat · 05-09-2011, 09:32 AM

This is an excellent article that explains the last Silver price crash and how it was brought down by these dirty manipulators.

http://seekingalpha.com/article/2686...-low-can-it-go

AngelinIsRich08 · 05-09-2011, 11:02 AM

SLV was the most manipulated ETF I've ever seen in my life. At least it's going up. Still at a loss though.

M3Bahn · 05-09-2011, 12:53 PM

Quote:

Originally Posted by stylinexpat

This is an excellent article that explains the last Silver price crash and how it was brought down by these dirty manipulators.

http://seekingalpha.com/article/2686...-low-can-it-go

The whole market is BS.

Chowbow · 05-09-2011, 02:16 PM

I'm on a commodities bender still. SLV is doing well today, along with USO.

persian54 · 05-09-2011, 02:35 PM

Quote:

Originally Posted by M3Bahn

The whole market is BS.

Damn right

Financials dumped really bad...

stylinexpat · 05-09-2011, 02:38 PM

Quote:

Originally Posted by Chowbow

I'm on a commodities bender still. SLV is doing well today, along with USO.

USO good on all dips. Have to be very careful with SLV now especially if you are playing options.

stylinexpat · 05-09-2011, 02:39 PM

Quote:

Originally Posted by M3Bahn

The whole market is BS.

Anything run by the government is BS

stylinexpat · 05-09-2011, 02:42 PM

At under $105 OXY was a great but today.

nnnnnnnnnnnnnnnnnnnnnn · 05-09-2011, 02:46 PM

Quote:

Originally Posted by M3Bahn

The whole market is BS.

I'd be more surprised if there wasn't any manipulation. Oil companies got burned last week by manipulation. The individual investor/trader just has to time trades in order to go along for the ride.

Look at oil today. Prices are going up, and the excuse is a weakening dollar. Look at exchange rates with other currencies and the dollar is getting stronger.

stylinexpat · 05-09-2011, 02:56 PM

Quote:

Originally Posted by ferrari355fi

I'd be more surprised if there wasn't any manipulation. Oil companies got burned last week by manipulation. The individual investor/trader just has to time trades in order to go along for the ride.

Look at oil today. Prices are going up, and the excuse is a weakening dollar. Look at exchange rates with other currencies and the dollar is getting stronger.

USD weaker in Asia today against TWD.

Chowbow · 05-09-2011, 03:53 PM

Quote:

Originally Posted by stylinexpat

USO good on all dips. Have to be very careful with SLV now especially if you are playing options.

I'm going to sit out on SLV for now. It's too volatile for me even with the little "play" money I use for risky buys.

M3Bahn · 05-09-2011, 03:53 PM

I am talking about things like market makers taking out stops, they have so many ways to nail the small guy.

AngelinIsRich08 · 05-09-2011, 05:09 PM

Do you think SLV will continue its rally tomorrow? I think it will until maybe Wednesday before there's another huge sell-off that'll cause it to fall again. Haha. It sounds like a perfect cycle that's extremely profitable at the right times.

E92TTKING · 05-09-2011, 05:17 PM

Quote:

Originally Posted by AngelinIsRich08

Do you think SLV will continue its rally tomorrow? I think it will until maybe Wednesday before there's another huge sell-off that'll cause it to fall again. Haha. It sounds like a perfect cycle that's extremely profitable at the right times.

i hope so. now im only at 18K loss as opposed to 25K. Thank god I did not sell and take my losses.

E92TTKING · 05-09-2011, 05:17 PM

how much are these douchebags buying in order to manipulate it like that?

05-07-2011, 02:55 AM	#1123
persian54 Lieutenant General 970 Rep 15,818 Posts Drives: M760/G83M4 Join Date: Jun 2009 Location: The Valley, SoCal iTrader: (298)	this isn't a stock market related question.. but hopefully maybe one of you can please help me out: How does one do a cash advance on a credit card? I heard you go to an ATM and take the money out? But I don't remember ever setting a PIN... so how does that work? I have never done a Cash advance and feel the crazy high interest is a waste... but my friend asked me and I didn't have an answer for her... I don't like not having answers to things... and no I didn't Google it . I will in the morning if I don't have an answer here (why didn't I google it? Don't have an answer for you ) And to give my tip, if it's worth anything: NBG (along with other Greek banks) has recently begun dropping due to it's increased risk. However, if they sell their $5 billion holdings... they can help even out. However, the Greek economy is still sinking with no signs of really stopping... So it seems that it's recommended to buy the stock if you are willing to do the risk... but put in puts just in case... I read about this earlier today NBG has made a lot of money for me for a while, I keep selling at 10 cent intervals, sometimes even 5 cent intervals a couple times a day, and it really adds up. Though recently I am down quite a bit from the 50 cent drop it's done... but hopeful :d __________________ From E93 335i to E89 Z4 to E93 M3/E89 Z4 to E350/SL550
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05-07-2011, 06:21 AM	#1124
stylinexpat Major 423 Rep 1,427 Posts Drives: Join Date: Aug 2008 iTrader: (0)	WSJ just put out a pretty good article about this recent Silver frenzy http://online.wsj.com/article/SB1000...172271272.html
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05-09-2011, 12:53 AM	#1125
stylinexpat Major 423 Rep 1,427 Posts Drives: Join Date: Aug 2008 iTrader: (0)	I now know why Silver took such a huge dump and how 2 people made a killing on it on the way up and down. I now think I know who did this trade. Carlos Slim held such a large position and knew that if he and Soros dumped the price of Silver would go down and if he bought puts he would make money on them puts when the price dropped so it was easy for him to make money when they both sold. They made money on the run up and the run down. Shows how easy it is for the rich to make more money and make money regardless of which way Silver goes. A few weeks ago someone had bought 1 million July $25 puts. http://www.reuters.com/article/2011/...10776920110504 Last edited by stylinexpat; 05-09-2011 at 03:37 AM..
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05-09-2011, 06:07 AM	#1128
stylinexpat Major 423 Rep 1,427 Posts Drives: Join Date: Aug 2008 iTrader: (0)	I reckon last Friday was a good day to get in on some Oil calls as the last oil drop was a bit over exaggerated. Oil should pop back up again. Silver is doing well so far in futures anr pre-market. In Asia/Europe it managed to gain a it. As long as no big Silver holder takes another dump today in the US Silver should be posed for a rebound. Let's see what happens next. I do worry about the rebound though because of all those Puts at $30 and under. Attached Images
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05-09-2011, 07:10 AM	#1129
stylinexpat Major 423 Rep 1,427 Posts Drives: Join Date: Aug 2008 iTrader: (0)	SLV is looking good in pre-market now. I hope this bounce has legs. Attached Images
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05-09-2011, 09:32 AM	#1130
stylinexpat Major 423 Rep 1,427 Posts Drives: Join Date: Aug 2008 iTrader: (0)	This is an excellent article that explains the last Silver price crash and how it was brought down by these dirty manipulators. http://seekingalpha.com/article/2686...-low-can-it-go
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05-09-2011, 11:02 AM	#1131
AngelinIsRich08 Banned 64 Rep 708 Posts Drives: '11 X5M, '09 CTS Join Date: Jan 2011 Location: St. Louis, MO iTrader: (0)	SLV was the most manipulated ETF I've ever seen in my life. At least it's going up. Still at a loss though.
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05-09-2011, 02:16 PM	#1133
Chowbow pew pew 169 Rep 6,781 Posts Drives: 三三五i Join Date: Aug 2007 Location: CA iTrader: (6) Garage List 2015 BMW 328i wagon [0.00] 2007 BMW 335i sedan [10.00] 1997 BMW 328i track ... [10.00]	I'm on a commodities bender still. SLV is doing well today, along with USO. __________________ CSL replicas are now CSL counterfeits. Jesus saves, like Valentine1.
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05-09-2011, 02:42 PM	#1137
stylinexpat Major 423 Rep 1,427 Posts Drives: Join Date: Aug 2008 iTrader: (0)	At under $105 OXY was a great but today.
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05-09-2011, 03:53 PM	#1141
M3Bahn Lieutenant 329 Rep 483 Posts Drives: M3 Join Date: Mar 2011 Location: ATL iTrader: (0)	I am talking about things like market makers taking out stops, they have so many ways to nail the small guy.
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05-09-2011, 05:09 PM	#1142
AngelinIsRich08 Banned 64 Rep 708 Posts Drives: '11 X5M, '09 CTS Join Date: Jan 2011 Location: St. Louis, MO iTrader: (0)	Do you think SLV will continue its rally tomorrow? I think it will until maybe Wednesday before there's another huge sell-off that'll cause it to fall again. Haha. It sounds like a perfect cycle that's extremely profitable at the right times.
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05-09-2011, 05:17 PM	#1144
E92TTKING Colonel 258 Rep 2,257 Posts Drives: e92 Join Date: Oct 2009 Location: Merica iTrader: (10)	how much are these douchebags buying in order to manipulate it like that?
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