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  1. J

    Stock Market Day-Trading Discussion Thread

    I <3 BofA! So far... Just to what I said previously. The reason I've been buying calls (mainly around 6 strike) is because there is an incredible gap on BofA between 6 and about 12. If it has enough momentum to break 6, it has a huge possibility to ramp up to 12 a share very quickly...
  2. J

    Stock Market Day-Trading Discussion Thread

    Seems like Obama has joined the ranks of Paulson and Geithner...everytime he speaks, DOW collapses. What is this pathetic attempt to make it look like our billions are working and saving jobs? It's like he made it a point to go visit some people in Ohio who's jobs were saved due to this...
  3. J

    Advice on possible damage to credit?

    As long as her name is on the lease, she is responsible. The credit agency could care less about her relationship breakups or what not. It's the same as you co-signing a car loan to help your friend, and then she decides not to make payments anymore and declares bankrupcy. You are now...
  4. J

    Stock Market Day-Trading Discussion Thread

    Just to clarify before anyone gets crazy ideas... BofA isn't an investment, it's a calculated hedged bet. The company itself is garbage. It has trailed Citi's performance...so I'm just betting that it isn't Citi. I'm betting that they won't get nationalized, which will lead to a...
  5. J

    Stock Market Day-Trading Discussion Thread

    Well I'm satisfied with this. I cost averaged over and over until we got some kind of a pop, especially CSCO. I set a 15.50 target, didn't expect to get it in one day, but got it. Sold 15 strike calls, and now I chill. I also picked up some 16 strike March puts on CSCO as additional hedge...
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