these 2 companies are getting wacked hard...MO is down 8$ and its about to split up...under 72 looks great...i am too scared to go long to buy any big positions this week ...maybe ill buy 100-200 mo just to test the waters...id rather be an observer today...
Yeah, 2 big time heavy weights getting wacked. Not a good sign. Defensive stocks...lol I agree, they and JNJ may be good pick ups after a bit more blood.
If funds thought that this is a major buying op it would make sense. Sell the defensive stuff and rotate in to better opportunities. Could be where the money buying the financials is coming from, on the other hand tech is getting killed.
my td is slow today i missed buying mo at 71 10 and it rocked upo to 71 85...so i shorted 200 at 71 80 and covered at 71 58...too chicken too play big or to hold for more tahn a nano second...T is also getting smashed cuz of aapl but vz is a buy as it is a sympathy tankage....imo
SOLD VZ AT 36 --i bot 200 more at 3547...my quotes and ameritrade is all fkd up today....freezes for mins at a time... Order ID Buy/Sell Qty Symbol Price O.Type Expire Status Fill Sp Executed Entered Sell 400 VZ 35.97 Limit Day Filled 400@35.9901 13:23:45 2008-01-23 13:23:42 Buy 200 VZ 35.65 Limit Day Filled 200@35.4763 12:46:15 2008-01-23 12:46:12 Buy 200 VZ 35.86 Limit Day Filled 200@35.8599 12:06:12 2008-01-23 12:06:09 Buy To Cover 200 MO 71.60 Limit Day Filled 200@71.5898 11:58:45 2008-01-23 11:58:42 Sell Short 200 MO 71.80 Limit Day Filled 200@71.80 11:55:02 2008-01-23 11:54:40