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Post by ask2lern on Dec 9, 2010 10:33:55 GMT -5
Fro twitter......................GL
DougKass Initiating iwm short at 76.80 now $$
23 minutes ago via TweetDeck
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Post by abdogman on Dec 9, 2010 10:43:15 GMT -5
macd neg now on 1m iyr drn fas xlf
iyr 54.58
drn 5 1.32
fas 25.71
xlf 15.525
on 1m
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Post by abdogman on Dec 9, 2010 10:59:19 GMT -5
macd on 1m iyr drn fas xlf are neg but moving toward 00
iyr 54.44
drn 50.92
fas 25.64
xlf 15.50
on 1m
uup on 1m 23.20 and macd +
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Post by deadmoney95 on Dec 9, 2010 11:00:48 GMT -5
Carl F update a 50-75 point drop is imminent from Carl Futia by Carl Futia 1.bp.blogspot.com/_sL6ril9lDkw/TQD6hMziNEI/AAAAAAAACd4/Zg6k7ufJFtM/s1600/101209%2B10%2Badv.jpg1.bp.blogspot.com/_sL6ril9lDkw/TQD6bIF-b1I/AAAAAAAACdw/qAp-otp-pa4/s1600/101209%2Bcum%2Bad.jpgHere are two charts which are conveying an important message. The bottom chart shows the cumulative total of the difference between the number of advancing and the number of declining issues traded on the New York Stock Exchange each day. The top chart shows my favorite oscillator, the 10 day moving average of advancing issues. Both these indicators warn of impending weakness in the averages. The cumulative advance-decline line is still visibly below its November 8 top while the S&P 500 is visibly above that same top. This is a real change in behavior because the advance-decline line has generally been much stronger than the averages during the past 18 months. This bearish divergence between the AD line and the S&P tells me that the market will soon drop 50-75 points before the bull market can resume. The top chart of the 10 day moving average of advancing issues shows a series of bearish divergences going back to early September. This is again a bearish message. Normally, divergences like these don't worry me too much. But the market is trading near 1250 resistance (the March 2008 low on the Bear Stearns failure) and has advanced with little corrective activity for nearly 4 months to a new bull market high. All in all I think we shall see a 50-75 point drop before the S&P can move much if at all above 1250. |
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Post by abdogman on Dec 9, 2010 11:11:36 GMT -5
iyr 54.61
drn 51.37
fas 25.79
xlf 15.54
on 1m
all above 1m macd's +
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Post by brosin on Dec 9, 2010 11:22:06 GMT -5
Carl F update a 50-75 point drop is imminent from Carl Futia by Carl Futia All in all I think we shall see a 50-75 point drop before the S&P can move much if at all above 1250. That's exactly what I've been thinking was going to happen for 2 full days going into today - I'm still waiting!! But yeah thanks DM, I am on Carl's boat with him for good or bad |
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Post by abdogman on Dec 9, 2010 11:28:24 GMT -5
macd waffling around 0 on 1m iyr drn last 10m's or so
macd neg last 2m's on 1m fas xlf
pps sideways
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Post by ask2lern on Dec 9, 2010 11:31:54 GMT -5
Frow Stocktwits.........................GL ukarlewitz Deteriorating breadth as shown by NYAD. Similar to neg divergences in McClellan and Summation in charts posted yesterdy stk.ly/eKufJ3 Dec. 9 at 10:25 AM |
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Post by abdogman on Dec 9, 2010 11:33:47 GMT -5
macd neg now on 1m iyr drn fas xlf
xlf 15.495 on 1m
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Post by abdogman on Dec 9, 2010 11:37:09 GMT -5
macd on 1m uup is neg last 5m's or so
uup on 1m 23.17
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Post by ask2lern on Dec 9, 2010 11:38:51 GMT -5
43 million people collected food stamps last month.........................................  Lets not forget the kiddies this year......................toys for tots shopping is on my schedule...............................GLTA |
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Post by abdogman on Dec 9, 2010 11:47:16 GMT -5
iyr 54.44
drn 51.03
fas 25.52
xlf 15.47
all above macd's on 1m still neg
all on 1m
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Post by abdogman on Dec 9, 2010 11:59:30 GMT -5
Dogs and Lunch .....back as usual .....GLTA!!!!
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Post by brosin on Dec 9, 2010 12:11:59 GMT -5
pushed the envelope on the spy $124 weekly puts, bought a few more $.79 and $.81
this is a bet that we are about to see a flush
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Post by ask2lern on Dec 9, 2010 12:18:40 GMT -5
pushed the envelope on the spy $124 weekly puts, bought a few more $.79 and $.81 this is a bet that we are about to see a flush Now ask youself................if this was real money would I do it?...............your trades are good but hard to replicate when real $$ on the line...........down 100K do you add another 100K...........it can become a real dilemma with real dollars.....trust me  ...........I agree we go lower.......................GL
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Post by brosin on Dec 9, 2010 12:23:24 GMT -5
pushed the envelope on the spy $124 weekly puts, bought a few more $.79 and $.81 this is a bet that we are about to see a flush Now ask youself................if this was real money would I do it?...............your trades are good but hard to replicate when real $$ on the line...........down 100K do you add another 100K...........it can become a real dilemma with real dollars.....trust me ...........I agree we go lower.......................GL yes, that's the goal is to do exactly what'd i'd do in real life. is it 100% for sure realistic? perhaps not, but i'll only get to that "2nd nature" point by trying my best contracts only cost me another $40K and i have no plans to hold past today - we will see you say it's hard to replicate with real $ on the line, but that's typically how it is with any trade, real or fake $ - the right choice is often the hardest one to make! |
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Post by ask2lern on Dec 9, 2010 12:26:44 GMT -5
You wrote "i have no plans to hold past today "................ I used to plan that too but he mkt made me do it............ ;D
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Post by brosin on Dec 9, 2010 12:27:28 GMT -5
You wrote "i have no plans to hold past today "................ I used to plan that too but he mkt made me do it............ ;D LOL yes that sounds about right! ;D ;D |
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Post by ask2lern on Dec 9, 2010 13:14:02 GMT -5
From stocktwits.........................GL
TradingTheOdds
Today currently marks the 10th occurr. (since 1990) where the $SPY did not loose -0.15% or more on any of the 1st 7 sessions of a month. $$
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Post by exabi on Dec 9, 2010 13:28:33 GMT -5
Nice pop on Elle's EK - up 10%
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Post by ask2lern on Dec 9, 2010 14:05:15 GMT -5
Worth a watch IMO..........................GL
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Post by ask2lern on Dec 9, 2010 14:11:30 GMT -5
VIX update....................
......................GL
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Post by brosin on Dec 9, 2010 14:39:12 GMT -5
All I know is, with as slow as things have been the last couple days and where the VIX is at, we should've easily been able to move higher. The fact that it didn't happen is making me think we've run out of people to buy. Gotta let those bears jump back on board so as to be able to squeeze em later
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Post by abdogman on Dec 9, 2010 14:42:52 GMT -5
macd + on 1m iyr drn fas xlf
iyr 54.28
drn 50.45
fas 25.86
xlf 15.56
on 1m
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Post by ask2lern on Dec 9, 2010 14:48:04 GMT -5
T T Thattttttttttttttttttttttts alllllllllllllllllllllllllllllllllllllfolksssssssssssssss
gotta run..................have a good eve........................GLTA
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Post by abdogman on Dec 9, 2010 14:51:20 GMT -5
macd neg now on 1m iyr drn
macd nearing 0/0 from + on fas xlf
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Post by sp7015 on Dec 9, 2010 14:56:19 GMT -5
At this rate boa will take out 100 dma of $12.75
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Post by abdogman on Dec 9, 2010 14:57:31 GMT -5
macd now + on 1m iyr drn fas xlf
iyr 54.23
drn 50.36
fas 25.93
xlf 15.575
on 1m
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Post by abdogman on Dec 9, 2010 15:12:04 GMT -5
iyr 54.21
drn 50.29
fas 25.99
xlf 15.595
on 1m
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Post by abdogman on Dec 9, 2010 15:25:57 GMT -5
macd neg now on 1m fas xlf
macd nearing 0/0 on 1m iyr drn
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...........I agree we go lower.......................GL
