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Post by abdogman on Dec 16, 2010 10:32:48 GMT -5
back in 10-15 mins
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Post by ask2lern on Dec 16, 2010 10:34:35 GMT -5
CC I do not disagree and am positioned for it...............just being a smart ass....................I ain't loading the boat with anything but Beary stuff.............of course I always do that........  |
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Post by jack on Dec 16, 2010 10:37:50 GMT -5
It's not a short term signal.. I know everyone made fun of it last time but I think it represents an intermediate term inflection point.. Like all signals its not perfect but who knows this could be confirmation from the last ones in Sept. or was it august August Glenn Beck said so so it MUST be true. (Somebody tell me how that clown has come so far in our society I don't get it.) |
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Post by ask2lern on Dec 16, 2010 10:39:31 GMT -5
(Somebody tell me how this clown has come so far in our society I don't get it.) It all started as a twinkle in the eye and the back seat of a 57 chevy.................. ;D |
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Post by abdogman on Dec 16, 2010 10:44:14 GMT -5
macd neg on 1m iyr drn fas xlf
iyr 53.52
drn 47.89
fas 25.40
xlf 15.4425
on 1m
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Post by abdogman on Dec 16, 2010 10:57:07 GMT -5
BB's narrowing on 1m iyr drn fas xlf
macd + on above
pps sideways since last post
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Post by jack on Dec 16, 2010 11:03:55 GMT -5
(Somebody tell me how this clown has come so far in our society I don't get it.) It all started as a twinkle in the eye and the back seat of a 57 chevy.................. ;D The twinkle must've faded - according to Beck his mother committed suicide. en.wikipedia.org/wiki/Glenn_Beck |
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Post by abdogman on Dec 16, 2010 11:04:07 GMT -5
Gang.......unusual day here because of ice storm ...... / .2 inches overnight ......
it has melted now .......gonna walk dogs take lunch ......back this afternoon....I hope i don't miss the Big Rally.................
Good Luck To All!!!!
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Post by deadmoney95 on Dec 16, 2010 11:17:10 GMT -5
boy howdy that is a whipsaw.
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Post by ccash04 on Dec 16, 2010 11:26:20 GMT -5
Must have been a good POMO, retail names appear to be leading.
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Post by clearwaters on Dec 16, 2010 12:00:36 GMT -5
The stocks I'm watching have basically been in the same few cent range since fifteen minutes after the open. Frustrating!
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Post by brosin on Dec 16, 2010 12:03:06 GMT -5
the opex whiffle
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Post by ask2lern on Dec 16, 2010 13:07:28 GMT -5
Looks like a dolly parton pattern may be forming on the 5min 5D/20d on SPY..................... ;D
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Post by brosin on Dec 16, 2010 13:18:58 GMT -5
be it smart or stupid, i have kept adding to my spy $126 jan puts, avg $3.50 unrealized -5%
Date Opened Contracts Buy Price Sell Price Total Cost
12/16/2010 SPY Jan $126 puts 100 $3.30 33000
12/16/2010 SPY Jan $126 puts 100 $3.35 33500
12/16/2010 SPY Jan $126 puts 100 $3.44 34400
12/16/2010 SPY Jan $126 puts 100 $3.46 34600
12/16/2010 SPY Jan $126 puts 100 $3.49 34900
12/16/2010 SPY Jan $126 puts 100 $3.54 35400
12/16/2010 SPY Jan $126 puts 100 $3.63 36300
12/15/2010 SPY Jan $126 puts 100 $3.65 36500
12/15/2010 SPY Jan $126 puts 100 $3.72 37200
12/15/2010 SPY Jan $126 puts 100 $3.41 34100
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Post by jack on Dec 16, 2010 13:26:13 GMT -5
Looks like a dolly parton pattern may be forming on the 5min 5D/20d on SPY..................... ;D ;D ;D |
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Post by ask2lern on Dec 16, 2010 14:34:10 GMT -5
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Post by ccash04 on Dec 16, 2010 14:34:34 GMT -5
be it smart or stupid, i have kept adding to my spy $126 jan puts, avg $3.50 unrealized -5% Date Opened Contracts Buy Price Sell Price Total Cost 12/16/2010 SPY Jan $126 puts 100 $3.30 33000 12/16/2010 SPY Jan $126 puts 100 $3.35 33500 12/16/2010 SPY Jan $126 puts 100 $3.44 34400 12/16/2010 SPY Jan $126 puts 100 $3.46 34600 12/16/2010 SPY Jan $126 puts 100 $3.49 34900 12/16/2010 SPY Jan $126 puts 100 $3.54 35400 12/16/2010 SPY Jan $126 puts 100 $3.63 36300 12/15/2010 SPY Jan $126 puts 100 $3.65 36500 12/15/2010 SPY Jan $126 puts 100 $3.72 37200 12/15/2010 SPY Jan $126 puts 100 $3.41 34100 I like it, I too think the easier way is down.. If the SPY can hold above 125.25-125.50, then I will reconsider. These grinds up though are so hard to call.. |
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Post by abdogman on Dec 16, 2010 14:34:57 GMT -5
macd on 1m iyr + but moving toward neg
macd on 1m drn just went + but has been neg
macd on 1m fas neg and has been for over 10 mins
macd on 1m xlf same as fas above
iyr 53.70
drn 48.40
fas 25.53
xlf 15.50
on 1m
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Post by abdogman on Dec 16, 2010 14:36:42 GMT -5
macd neg now on 1m iyr drn fas xlf
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Post by brosin on Dec 16, 2010 14:37:50 GMT -5
be it smart or stupid, i have kept adding to my spy $126 jan puts, avg $3.50 unrealized -5% Date Opened Contracts Buy Price Sell Price Total Cost 12/16/2010 SPY Jan $126 puts 100 $3.30 33000 12/16/2010 SPY Jan $126 puts 100 $3.35 33500 12/16/2010 SPY Jan $126 puts 100 $3.44 34400 12/16/2010 SPY Jan $126 puts 100 $3.46 34600 12/16/2010 SPY Jan $126 puts 100 $3.49 34900 12/16/2010 SPY Jan $126 puts 100 $3.54 35400 12/16/2010 SPY Jan $126 puts 100 $3.63 36300 12/15/2010 SPY Jan $126 puts 100 $3.65 36500 12/15/2010 SPY Jan $126 puts 100 $3.72 37200 12/15/2010 SPY Jan $126 puts 100 $3.41 34100 I like it, I too think the easier way is down.. If the SPY can hold above 125.25-125.50, then I will reconsider. These grinds up though are so hard to call.. Yeah definitely - as usual, I didn't expect to have to grab that many; I had sold out of half the position this morning that i had been holding overnight, but instead of closing it all out, i thought it looked better to just buy the contracts back (and some)... We'll see how it goes - I'd really like to close out a good amount before the EOD because it's a fairly large position now |
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Post by ask2lern on Dec 16, 2010 14:40:12 GMT -5
Bros did you not see my post about spy going ex div tomorrow?
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Post by brosin on Dec 16, 2010 14:40:48 GMT -5
No ask I didn't - WOW thanks very much for heads up
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Post by abdogman on Dec 16, 2010 14:42:43 GMT -5
iyr macd + on 1m last 3 m's
drn macd now +
fas on 1m has turned +
xlf same as fas above
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Post by brosin on Dec 16, 2010 14:43:34 GMT -5
how would that affect the options? or does it not other than the underlying price adjustment
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Post by ccash04 on Dec 16, 2010 14:48:21 GMT -5
how would that affect the options? or does it not other than the underlying price adjustment It affects the underlying security, obviously, it could put some puts ITM and calls OTM with the price adjustment... still most assume its an efficient marketplace and this should be reflected in the option price. |
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Post by ask2lern on Dec 16, 2010 14:53:47 GMT -5
how would that affect the options? or does it not other than the underlying price adjustment It affects the underlying security, obviously, it could put some puts ITM and calls OTM with the price adjustment... still most assume its an efficient marketplace and this should be reflected in the option price. Only thing I would add is that many times people sell as soon as a stock goes ex div and they qualify...........IMO could be more pronounced because MKT has so many "overbought" signals and other indicators that could make some people to sell once they have locked the divy up......................I am holding some Jan options too.......................GL |
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Post by ask2lern on Dec 16, 2010 14:55:40 GMT -5
Current SPY #'s I am watching are R 124.71 and S 124.51 break of either on good vol determins direction for the rest of the day IMO...................GL
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Post by brosin on Dec 16, 2010 14:57:44 GMT -5
So if I understand right, since these are Jan options, they won't really be affected? The underlying (and all options) will all readjust to the new price, and I would only be worried should they be Dec options that would maybe be pushed ITM with the adjustment?
Thanks alot guys
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Post by ask2lern on Dec 16, 2010 15:00:11 GMT -5
So if I understand right, since these are Jan options, they won't really be affected? The underlying (and all options) will all readjust to the new price, and I would only be worried should they be Dec options that would maybe be pushed ITM with the adjustment? Thanks alot guys The SPY price will be affected and that will effect all prices because they are based on the SPY........................... read this link to get a little better understanding.............GL sixfigureinvesting.com/2010/12/sp500-etf-ex-dividend/ |
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Post by brosin on Dec 16, 2010 15:00:58 GMT -5
Ok thanks ask, I will check it out
In other news... WHERE are the circuit breakers on V?
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