10/5/10: Where's the drop III?

brosin
Global Moderator

Posts: 18,266

10/5/10: Where's the drop III? Oct 5, 2010 14:31:50 GMT -5

Post by brosin on Oct 5, 2010 14:31:50 GMT -5

As a follow up to "where's the drop?" www.fastopia.proboards.com/index.cgi?board=exchange&action=display&thread=8198

and "Where's the drop II?" www.fastopia.proboards.com/index.cgi?board=exchange&action=display&thread=8268&page=1

Where is it? Those trapped bears (that I got laughed at for) would really like to know.

Sept 2, 2010 9:37:38 GMT -5 brosin said:

Those in cash, and the bears that are now under simmering heat would *really* like to know!

One would think tomorrow would be the day everyone expects us to give all this back. So this thread is for tomorrow. Not that everyone wasn't expecting a big drop today.

Last Edit: Nov 4, 2010 10:12:37 GMT -5 by brosin

"If everyone’s so unsure of
what's really below or above us
Then maybe we all buy in
And make our own collective end

These puppet strings don’t pull themselves
You're thinking thoughts from someone else
How much time do you think you have?
Are you prepared for what comes next?"
-Puppet String / Umphrey's McGee

sp7015 Hedge Fund Manager Posts: 989	10/5/10: Where's the drop III? Oct 5, 2010 14:34:15 GMT -5 Select Post Deselect Post Link to Post Member Give Gift Back to Top Post by sp7015 on Oct 5, 2010 14:34:15 GMT -5 I don't think we drop. We either consolidate or move higher. Unless we have bad macro data. I believe aapl will make a new high tommorrow.

brosin
Global Moderator

Posts: 18,266

10/5/10: Where's the drop III? Oct 5, 2010 20:43:28 GMT -5

Post by brosin on Oct 5, 2010 20:43:28 GMT -5

For the fun of it, I calculated the last time I posted the 'where's the drop' threads 9/2 & 9/3, and we moved up 6.2% in a 3 day period, starting with a 2.8% gain. Today we were up 2%. If it really is the same setup as it feels to me, we might be sitting at 1200+ within 2 trading days.

That would be wacky.

"If everyone’s so unsure of
what's really below or above us
Then maybe we all buy in
And make our own collective end

These puppet strings don’t pull themselves
You're thinking thoughts from someone else
How much time do you think you have?
Are you prepared for what comes next?"
-Puppet String / Umphrey's McGee

dzech00 Hedge Fund Manager Posts: 906	10/5/10: Where's the drop III? Oct 6, 2010 7:25:23 GMT -5 Select Post Deselect Post Link to Post Member Give Gift Back to Top Post by dzech00 on Oct 6, 2010 7:25:23 GMT -5 It's going to happen for sure Bros. Bears still have not given up.they are trying to outlast one another waiting for the others to cover, meanwhile up we go!

Clinton SPX Quant Posts: 23,536	10/5/10: Where's the drop III? Oct 6, 2010 7:38:49 GMT -5 Select Post Deselect Post Link to Post Member Give Gift Back to Top Post by Clinton SPX on Oct 6, 2010 7:38:49 GMT -5 weekly stoch on euro hit 99.6 anyone betting on more upside has iron balls.
	Last Edit: Oct 6, 2010 7:39:03 GMT -5 by Clinton SPX

timber Algo Trader Posts: 28,442	10/5/10: Where's the drop III? Oct 6, 2010 8:07:52 GMT -5 Select Post Deselect Post Link to Post Member Give Gift Back to Top Post by timber on Oct 6, 2010 8:07:52 GMT -5 you said your self none of this stuff matters as long as the fed is in

brosin Global Moderator Posts: 18,266	10/5/10: Where's the drop III? Oct 6, 2010 9:32:23 GMT -5 Select Post Deselect Post Link to Post Member Give Gift Back to Top Post by brosin on Oct 6, 2010 9:32:23 GMT -5 it's scalp time sold my CHK held overnight for slight gain and now in on FAS and BIDU $22.80 / $99.99 up we go
	"If everyone’s so unsure of what's really below or above us Then maybe we all buy in And make our own collective end These puppet strings don’t pull themselves You're thinking thoughts from someone else How much time do you think you have? Are you prepared for what comes next?" -Puppet String / Umphrey's McGee

brosin Global Moderator Posts: 18,266	10/5/10: Where's the drop III? Oct 6, 2010 10:03:41 GMT -5 Select Post Deselect Post Link to Post Member Give Gift Back to Top Post by brosin on Oct 6, 2010 10:03:41 GMT -5 Oct 6, 2010 7:38:49 GMT -5 Clinton SPX said: weekly stoch on euro hit 99.6 anyone betting on more upside has iron balls.
	"If everyone’s so unsure of what's really below or above us Then maybe we all buy in And make our own collective end These puppet strings don’t pull themselves You're thinking thoughts from someone else How much time do you think you have? Are you prepared for what comes next?" -Puppet String / Umphrey's McGee

timber Algo Trader Posts: 28,442	10/5/10: Where's the drop III? Oct 6, 2010 10:30:20 GMT -5 Select Post Deselect Post Link to Post Member Give Gift Back to Top Post by timber on Oct 6, 2010 10:30:20 GMT -5 so your scalping and not holding now brosin

brosin
Global Moderator

Posts: 18,266

10/5/10: Where's the drop III? Oct 6, 2010 10:48:05 GMT -5

Post by brosin on Oct 6, 2010 10:48:05 GMT -5

Oct 6, 2010 10:30:20 GMT -5 timber said:

so your scalping and not holding now brosin

Nope not at all Timber, no shift in strategy.

Scalping in the scalp trade paper account per normal, and holding my FAS/RIG Calls/MNDP as only real life trades. Not planning on going anywhere there.

"If everyone’s so unsure of
what's really below or above us
Then maybe we all buy in
And make our own collective end

These puppet strings don’t pull themselves
You're thinking thoughts from someone else
How much time do you think you have?
Are you prepared for what comes next?"
-Puppet String / Umphrey's McGee

Clinton SPX Quant Posts: 23,536	10/5/10: Where's the drop III? Oct 6, 2010 10:49:43 GMT -5 Select Post Deselect Post Link to Post Member Give Gift Back to Top Post by Clinton SPX on Oct 6, 2010 10:49:43 GMT -5 Impressive balls brosin

Clinton SPX Quant Posts: 23,536	10/5/10: Where's the drop III? Oct 6, 2010 10:51:07 GMT -5 Select Post Deselect Post Link to Post Member Give Gift Back to Top Post by Clinton SPX on Oct 6, 2010 10:51:07 GMT -5 weekly stoch 99.72 LOL

brosin Global Moderator Posts: 18,266	10/5/10: Where's the drop III? Oct 6, 2010 12:11:54 GMT -5 Select Post Deselect Post Link to Post Member Give Gift Back to Top Post by brosin on Oct 6, 2010 12:11:54 GMT -5 This may be the drop? (Stepped away for a bit, in meetings) I have to say I'm surprised we're red - thought we would explode bullishly today
	"If everyone’s so unsure of what's really below or above us Then maybe we all buy in And make our own collective end These puppet strings don’t pull themselves You're thinking thoughts from someone else How much time do you think you have? Are you prepared for what comes next?" -Puppet String / Umphrey's McGee

10/5/10: Where's the drop III?

Post by brosin on Oct 5, 2010 14:31:50 GMT -5

Post by sp7015 on Oct 5, 2010 14:34:15 GMT -5

Post by brosin on Oct 5, 2010 20:43:28 GMT -5

Post by dzech00 on Oct 6, 2010 7:25:23 GMT -5

Post by Clinton SPX on Oct 6, 2010 7:38:49 GMT -5

Post by timber on Oct 6, 2010 8:07:52 GMT -5

Post by brosin on Oct 6, 2010 9:32:23 GMT -5

Post by brosin on Oct 6, 2010 10:03:41 GMT -5

Post by timber on Oct 6, 2010 10:30:20 GMT -5

Post by brosin on Oct 6, 2010 10:48:05 GMT -5

Post by Clinton SPX on Oct 6, 2010 10:49:43 GMT -5

Post by Clinton SPX on Oct 6, 2010 10:51:07 GMT -5

Post by brosin on Oct 6, 2010 12:11:54 GMT -5