Thanks for the reply and I agree. I've been a FB bull for a long time. 78 was my 2014 price target for them so I've backed off of late.

Was just checking to see if anybody thought a different social media had more upside. FB seems to be our consensus so I'll keep following.

Then why didn't they rule in 1990. These MLM companies have been around forever. There are probably 100 large mlm companies. Why now? http://en.wikipedia.org/wiki/List_of...ting_companies

Do I like these companies no. Is there a potential for a good one yes. Is hlf a good one, I don't know. However, I am a little worried about the number of short shares increase the last few weeks.

It just really bugged me that the author wrote a long paragraph about cash flow growth and it's drivers but failed to mention that $0.6 billion of the $1.6 billion growth from 2011 to 2013 was driven by increases in stock compensation which just inflated growth by diluting equity.

You are absolutely correct that there is still solid growth both as a whole and on a per share basis. I'm just disappointed the author showed an inflated number and couldn't give a valid explanation.

CAT beat this morning...should have a halo effect for URI.

Good PMI data out of Europe. In-line PMI in China. All should be good for US markets today in theory.

nice job longs.. out of all my plays.. stayed away from all of them except msft..
shorted more @44.75 and have puts offering below the current bid anticipating a run up pre close. that an reshorting EBAY @ 50.55 are my only play (got stopped out).. hopefully i dont blow it again on ebay if given the chance

Covered a small IBIO short at 1.42 from 1.95ish. Hit this stock for 50c + three times now. Good game ebola

Worst spot to exit shorts IMO...market ran purely on LEI beat, but likely getting tired. Would have given it a tad longer.

Lol...Nice job JB!

i meant , i did not short grub or P and not going to short amzn .. will just play msft and ebay ..

i also agree that it would be a horrible time to cover/buy right now..

There were plenty of things outside of LEI for the market to run on.

Covering isn't horrible imo. Market isn't exactly stretched...might cool down, but can easily run through Friday too.

Edit: One thing I think your good at is judging when a run is about to slow down/change directions. I'm curious what your looking at to think we're at risk of reversing?

I'm talking more intraday for a serious trader. See what happens until near close and then close out. LEI had run its course; only bad news can come through now; there can't be too much upside left and there is a non trivial downside chance.

Makes sense..thanks for reply.

Hey Savant (and traders who trade on his time frame), I always meant to ask you:

You typically mostly buy in the last hour right (I guess as opposed to the first hour)?. I've noticed some decent improvements in the last 2 months on my side when I stay far away from anything 9:30am to 2pm, and was just wondering if I generally needed a strict rule for my kind of trading (2 days to 20 days, I need to work out my average holding length).

Are stocks following crude or is it the reverse? Feels like the former.

I'm probably the wrong guy to ask. I'm too busy during the day to worry too much about trading time.

If I buy or sell...I'm looking for some combination of either macro economic, stock specific, or technical variables to play out. If those scenario's hit I usually know the price I'd buy or sell the day before.

9:30-10:00 is commonly referred to as amateur hour...because people commonly get faked out (I certainly have been guilty of that in the past)

At the same time there are a lot of intraday guys who specialize in trading the first and last hour day (I suppose getting their edge from the volatility and mistakes others are making)

In general I do think it's better to avoid buying between 9:30-10:00, but if I have busy day with other things I'm often going to do it anyway.

Edit: End of the day I'm almost always working. I usually just have limits orders in at a price I want. This is how I got URI and ILMN yesterday...I don't even know what time it triggered.

why are my mutual funds managed by my bank keeping on losing money in the last few weeks?

What are the funds?

Massive opening sale of puts in BABA today for those of you who are considering trading it, 10k puts at Nov $91s right around ER (looks like they are opening after closing prior weeks $87s). Thing has been a rocket ship since hitting lows last week, only would play it from a long side. $100 inevitable on a good ER, was initiated at overweight by Barclays w/ $107 target.

wow, did not expect to get filled on all my msft puts ,, but i did.. have a bunch of 11/14 , 45 , 44 , 45.5 . i have most of the open interest.. wow..

This price (trading a hair under $31 right now) seems like a great entry point for GM. Solid earnings out today, and a phenomenal balance sheet. Upside opportunity seems far greater than the downside risk.

See how nat gas can just keep going lower and winter is irrelevant to its overall price? It's now as low as it was a year ago. If you bought UGAZ when you posted this about 10 days ago you'd be down about 25%.

GL

Way better spots to invest. Very difficult to have an edge outside of the pros who trade it constantly.

You guys see the rocket ship AAL is on? That is an incredible <2 week 25% gain.

Also looking at selling $23.5 calls, buying $26 calls, and buying $22.5 puts on pandora for no cost or slight premium today at a 5, 5, 6 ratio for their earnings report. Any opinions there?