Last post on May 15, 2008 at 10:26 PM
You are in the Car Stock Exchange
What is this discussion about?
#7 of 16 Re: Prices are going up?!! [chung]
May 13, 2008 (11:30 pm)
I've been trying to bring down the ones in the 60's for about a week now, but it seems as if the rest of the market is conspiring against me. At this point I've about given up on the idea. I am going to stick with my plan of shorting the August retirements and see what happens.
#8 of 16 Re: Prices are going up?!! [chung]
May 14, 2008 (7:51 am)
That's very nice of you, chung. I'm sure you are not profiting on any short sales, too.
#9 of 16 Re: Prices are going up?!! [felonious]
May 14, 2008 (8:20 am)
I don't want to give wrong idea, but the market is not as "smart" as we all want it to be.. which means it is not hard to manipulate some of these prices. Yes this involves trading around midnight CST, but I think it paid off nicely, at least so far.. For those who are wondering, I currently do not own or short the Lexus IS-F or BMWs.. it was a mere example...
also FYI.. (so that it is not always networkguy who gets a stab at my stash) I am experimenting with VWCC.. since yesterday..
#10 of 16 Re: Prices are going up?!! [chung]
May 14, 2008 (9:54 am)
Oh sure, penalize for keeping vampire hours
#11 of 16 Re: Prices are going up?!! [networkguy]
May 14, 2008 (10:07 am)
I don't mind playing night,
I live on the west coast so it's only 10 for me.
In fact it's kind of fun when the percentages are all weird for like 30 seconds and you try to figure out which ones are real or not.
#12 of 16 Re: Prices are going up?!! [h4ck54w]
May 14, 2008 (10:13 am)
Yeah, I accidentally traded a boat load of shares on that midnight rollover percentage weirdness. Thankfully, I realized my error quickly and did the opposite transaction before someone caught it.
#13 of 16 Re: Prices are going up?!! [h4ck54w]
May 14, 2008 (11:08 am)
The chart is based on end of day price. Therefore you can also design the chart any shape you would like to be, considering you have enough wealth...
#14 of 16 Re: Prices are going up?!! [chung]
May 15, 2008 (7:28 am)
Actually, the 1-series rolls in October...the IS-F, A5, M3, and Clubman all roll in Aug...I shorted those in April and have hung on to them...just to see what happens in Aug when they drop...
#15 of 16 Re: Prices are going up?!! [chung]
May 15, 2008 (7:36 pm)
Other markets, in the real world, aren't all that smart either. This is pretty much a microcosm - irrational exuberance and all that.
#16 of 16 Re: Prices are going up?!! [cz75]
May 15, 2008 (10:26 pm)
Of course, with all the strange name shills there seem to be now, one wonders if someone isn't trying to set up the market for both long and short trades to benefit their primary account.