|
|
Post by abdogman on Dec 1, 2010 11:06:30 GMT -5
BB's narrowing on 1m iyr drn and just starting to curl in on 1m fas xlf
macd's on above +
iyr 54.10
drn 49.97
fas 22.17
xlf 14.65
on 1m
|
|
|
|
Post by ccash04 on Dec 1, 2010 11:17:25 GMT -5
I think selling the 105/100 bull put spread and buying the bull 110/115 call spread in BIDU is a very lucrative trade if we hold above 1200 for a credit of about $1. Obviously a 4 legged trade and would need some managing.
|
|
|
|
Post by abdogman on Dec 1, 2010 11:24:18 GMT -5
BB's spreading on 1m iyr drn and they are on the top band
|
|
|
|
Post by abdogman on Dec 1, 2010 11:31:52 GMT -5
macd + on 1m iyr drn
macd neg on 1m fas xlf
iyr 54.16
drn 50.23
fas 22.19
xlf 14.65
on 1m
|
|
|
|
Post by abdogman on Dec 1, 2010 11:39:52 GMT -5
macd's on 1m fas xlf are + now also
iyr 54.22
drn 50.391
fas22.20
xlf 14.65
on 1m
|
|
|
|
Post by abdogman on Dec 1, 2010 11:51:38 GMT -5
iyr 54.33
drn 50.67
fas 22.35
xlf 14.69
on 1m
|
|
|
|
Post by ccash04 on Dec 1, 2010 11:52:59 GMT -5
looking for 1205 now.
|
|
|
|
Post by abdogman on Dec 1, 2010 11:55:48 GMT -5
EURO EQUITIES CLOSE: FTSE +114.23 TO 5642.50; CAC +58.85 TO 3669.29; DAX +178.14 TO 6866.63; IBEX +411.20 TO 9678.40
|
|
|
|
Post by abdogman on Dec 1, 2010 11:57:33 GMT -5
iyr 54.46
drn 5 1.00
fas 22.48
xlf 14.72
on1m
|
|
|
|
Post by abdogman on Dec 1, 2010 12:00:46 GMT -5
Time for me to do Dogs and Lunch.....back as usual....Good Luck!
|
|
|
|
Post by elle on Dec 1, 2010 12:39:15 GMT -5
This is grrrrrrrrrrrrrrrrreat!
altho, I have found a new stock, been watching it awhile, so I am in the process of closing my other ppsns.
|
|
|
|
Post by brosin on Dec 1, 2010 12:43:23 GMT -5
As stated yesterday I am more convinced that this is looking like beginning of september as the past few days looked like the end of august when we couldnt break through support. Post of the day right here, nice call CC - definitely does look that way to me too |
|
|
|
Post by jack on Dec 1, 2010 12:45:42 GMT -5
This is grrrrrrrrrrrrrrrrreat! altho, I have found a new stock, been watching it awhile, so I am in the process of closing my other ppsns. "propositions"? |
|
|
|
Post by jack on Dec 1, 2010 12:54:13 GMT -5
As stated yesterday I am more convinced that this is looking like beginning of september as the past few days looked like the end of august when we couldnt break through support. Post of the day right here, nice call CC - definitely does look that way to me too Sloopy was also HIGHLY CONFIDENT that today was gonna be a banner day of a rip too! Congratz to him as well!!! |
|
|
|
Post by sp7015 on Dec 1, 2010 13:10:45 GMT -5
As stated yesterday I am more convinced that this is looking like beginning of september as the past few days looked like the end of august when we couldnt break through support. Post of the day right here, nice call CC - definitely does look that way to me too Yep, I remember his call yesterday. It could have gone either way with the way the market has been acting. Whipsaw markets loose people money and are hard to trade. |
|
|
|
Post by elle on Dec 1, 2010 13:11:49 GMT -5
so much short-covering, not sure it's a buying rally
|
|
|
|
Post by sp7015 on Dec 1, 2010 13:27:37 GMT -5
aapl bounced off of resistance of $317.70 pretty hard a couple of minutes ago. We will see if it can get passed that today.
|
|
|
|
Post by ccash04 on Dec 1, 2010 13:33:39 GMT -5
so much short-covering, not sure it's a buying rally sometimes thats how they start though, ala positive feedback loops... there are a lot of commercial shorts so if they cover then we would see a huge rally. Still though i agree its not necessarily sustainable unless we see follow thru and buying interest. |
|
|
|
Post by ccash04 on Dec 1, 2010 13:50:03 GMT -5
Check, now lets go to 1225  |
|
|
|
Post by brosin on Dec 1, 2010 13:51:19 GMT -5
so much short-covering, not sure it's a buying rally sometimes thats how they start though, ala positive feedback loops... there are a lot of commercial shorts so if they cover then we would see a huge rally. Still though i agree its not necessarily sustainable unless we see follow thru and buying interest. Don't worry, I have my "Where's the Drop V, VI, and VII" posts on standby and ready to go  |
|
|
|
Post by ask2lern on Dec 1, 2010 13:58:51 GMT -5
Just stopping in for a minute................holy batman 25 S&P points..............currently I have 121.03 as a bit of resistance with 120.82 as a PP and 120.64 below that.....................I am not very active but I did avg into a JAN SPY 126 PUT position w avg @ 6.88...........I think we go lower into the close...............GLTA
|
|
|
|
Post by ask2lern on Dec 1, 2010 14:00:11 GMT -5
From stocktwits.........................GL
TradingTheOdds
When $SPY left an unfilled gap up > 0.75% in the past, $SPY was trading lower 3 days later on 12 | last 14 and 8 | last 9 occurrences. $$
Dec. 1 at 12:58 PM
|
|
|
|
Post by ccash04 on Dec 1, 2010 14:07:31 GMT -5
From stocktwits.........................GL TradingTheOdds When $SPY left an unfilled gap up > 0.75% in the past, $SPY was trading lower 3 days later on 12 | last 14 and 8 | last 9 occurrences. $$ Dec. 1 at 12:58 PM Also, on Cobras website says we have trouble after 21st unfilled gap I believe this would be 21 but I'm not sure. |
|
|
|
Post by ccash04 on Dec 1, 2010 14:08:01 GMT -5
cmon clear 15 with volume!
|
|
|
|
Post by ccash04 on Dec 1, 2010 14:09:18 GMT -5
Beige book good, bad or non-issue?
|
|
|
|
Post by deadmoney95 on Dec 1, 2010 14:09:27 GMT -5
Hey all, and congrats to A2L and ABdog once again! We are the lucky ones to have you both. Don't you hate it when "real work" keeps you away from this board? In any event, in our last bat episode, Carl F was insisting we head down to 1130-50 before heading to 1300. His mother having not raised any fools, he has revisited this thinking. Here is a five point box, one box reversal, point and figure chart showing e-mini trading going back to the late August low. I had been expecting a continuation of the drop from the 1224 high in early November down to a prospective 1152 low. But the market's action today has changed my mind. The rally to 1207 so far looks like a genuine breakout from an extensive base that was built after the drop to the 1171 low made on November 16. My advancing issues oscillators are oversold and the cash S&P kissed its rising 50 day moving average yesterday. Moreover, the market has traded sideways for two weeks in the face of a torrent of bad news from Europe. These facts provide a bullish context which tells me to take the move above the 1200 level as a definite bullish indication. A count across this base projects a target of 1275. 3.bp.blogspot.com/_sL6ril9lDkw/TPaSMlA8FzI/AAAAAAAACdg/apCNI7j43so/s1600/101201%2B120%2Bpm.jpgThis of course means we should dump right about now.  |
|
|
|
Post by abdogman on Dec 1, 2010 14:10:18 GMT -5
Check, now lets go to 1225 Exalt on ur Right On Calls |
|
|
|
Post by abdogman on Dec 1, 2010 14:15:46 GMT -5
macd on 1m xlf fas are + last 2m's
macd on 1m drn iyr are moving toward 0/0 from neg
iyr 54.36
drn 50.68
fas 22.42
xlf 14.71
on 1m
|
|
|
|
Post by ccash04 on Dec 1, 2010 14:18:25 GMT -5
Hey all, and congrats to A2L and ABdog once again! We are the lucky ones to have you both. Don't you hate it when "real work" keeps you away from this board? In any event, in our last bat episode, Carl F was insisting we head down to 1130-50 before heading to 1300. His mother having not raised any fools, he has revisited this thinking. Here is a five point box, one box reversal, point and figure chart showing e-mini trading going back to the late August low. I had been expecting a continuation of the drop from the 1224 high in early November down to a prospective 1152 low. But the market's action today has changed my mind. The rally to 1207 so far looks like a genuine breakout from an extensive base that was built after the drop to the 1171 low made on November 16. My advancing issues oscillators are oversold and the cash S&P kissed its rising 50 day moving average yesterday. Moreover, the market has traded sideways for two weeks in the face of a torrent of bad news from Europe. These facts provide a bullish context which tells me to take the move above the 1200 level as a definite bullish indication. A count across this base projects a target of 1275. 3.bp.blogspot.com/_sL6ril9lDkw/TPaSMlA8FzI/AAAAAAAACdg/apCNI7j43so/s1600/101201%2B120%2Bpm.jpgThis of course means we should dump right about now. Amazing! 1275, of course I'm going to round this up in my head to 1300 plus the 1300 chant has been sitting idle for sometime now maybe time to dust it off. |
|
|
|
Post by ccash04 on Dec 1, 2010 14:19:10 GMT -5
PUDA catching a bid now and riding its upper BB up. seeing some volume spikes come in now.
|
|
