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Post by sp7015 on Aug 23, 2010 13:11:27 GMT -5
hmm wondering if this is short covering from the old gap up open, short during day, cover at eod play.
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Post by cosmic on Aug 23, 2010 13:13:24 GMT -5
Question: If you see the bid suddenly jump 10X over the ask, what does it mean to you? Which stock? Saw it sort of happen to a group:LVS, EDC, something else...
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Post by maxi on Aug 23, 2010 13:16:38 GMT -5
Saw it sort of happen to a group:LVS, EDC, something else... Do you mean the volume?
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Post by sp7015 on Aug 23, 2010 13:19:03 GMT -5
Saw it sort of happen to a group:LVS, EDC, something else... I have seen the bid and the ask equal the same number before but I have never seen the bid be higher than the ask. The only thing I can think of is that the demand to buy was higher than the demand to sell at that particular time.
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Post by deadmoney95 on Aug 23, 2010 13:23:51 GMT -5
He's been known to get whipsawed... I think he will cover that short for a loss.. Winner winner chicken dinner! covered short at 1073.00 from Carl Futia by Carl Futia
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Post by jack on Aug 23, 2010 13:24:03 GMT -5
...gotta think we fade the close what w/ the home sales reports coming up tomorrow GL
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Post by abdogman on Aug 23, 2010 13:27:12 GMT -5
bb's on 1m for xlf fas faz and aud/jpy ,eur/usd narrowing to tight xlf 13.855 on 1m
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Post by sp7015 on Aug 23, 2010 13:28:56 GMT -5
Interesting. You have defensive stocks up:
pep, ko, jnj, pg, clx, ect.
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Post by ukarlewitz on Aug 23, 2010 13:35:05 GMT -5
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Post by ukarlewitz on Aug 23, 2010 13:37:26 GMT -5
I don't think Carl would be much of a threat in On the Road to Opex 3. Just goes to show what a degree from Yale will get you.
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Post by deadmoney95 on Aug 23, 2010 13:42:32 GMT -5
I don't think Carl would be much of a threat in On the Road to Opex 3. Just goes to show what a degree from Yale will get you. Agreed. But for that Eli albatross around his neck, he'd surely be more successful. But we give him props because he knows what he does not know and doesn't kid himself or blame anyone else. Gotta love someone whose most recent post is simply titled: "? ? ? ? ? ? ?": Here is a 30 minute bar chart showing day session e-mini trading. Early this morning I thought that Friday's action meant that Friday's low would hold. But the market took a peek above Thursday's high at 1078 and there sellers took over. At today's low thus far (1067.25) I thought the prospects for a drop to 1055 later today and early tomorrow were good. So I sold a 4 point rally on the hypothesis that the market would soon continue its morning break. Instead the ES rallied for a greater period of time that it took on the way down from this morning's high. Friday's midpoint at 1067 had held in the meantime. And the market over the past three days had built a trading range (lower purple oval) that is bigger than the 1085-1098 range (upper purple oval) from which it dropped about 37 points. These observations warn of building bullish potential and I didn't want to stick around to find out if this was the case so I covered. Right now I don't see any convincing opportunities, but if the market closes above today's midpoint at 1073.75 I will conclude that the bulls are back in control and that tomorrow will be a bullish day. Failing that kind of close I will retain a mildly bearish (down to 1055) stance.
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Post by ukarlewitz on Aug 23, 2010 13:45:41 GMT -5
The 45-to-54-year-old demographic rose every year during 1984-2010, but David Rosenberg points out that this key age group that often sparks the economy and the markets will decline every year to 2021. The last time sustained declines in this group occurred was 1975-83, an awful time for the economy and the stock market.
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Post by sp7015 on Aug 23, 2010 13:46:35 GMT -5
Ok I got my rally into the close hat on. probabley wishfull thinking.
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Post by abdogman on Aug 23, 2010 13:52:04 GMT -5
BB's on 1m xlf fas faz spreading now xlf fas starting down lower channel macd neg for last 10 or so on 1m for xlf fas xlf 13.84 on 1m
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Post by jack on Aug 23, 2010 13:56:02 GMT -5
The 45-to-54-year-old demographic rose every year during 1984-2010, but David Rosenberg points out that this key age group that often sparks the economy and the markets will decline every year to 2021. The last time sustained declines in this group occurred was 1975-83, an awful time for the economy and the stock market. THAT might be worth "shooting the messenger" - be careful.
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Post by Dualism on Aug 23, 2010 14:05:20 GMT -5
30-Yr TIPS Auction Released on 8/23/2010 1:00:00 PM For 8/23/2010 1:00:00 PM
Auction Results
30-Year TIPS Auction Rate 1.768% Bid/Cover 2.78 Total Amount $7B
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Post by brosin on Aug 23, 2010 14:07:04 GMT -5
Nat gas stocks are strong today I've noticed - CHK up almost 2%
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Post by jack on Aug 23, 2010 14:10:21 GMT -5
30-Yr TIPS Auction Released on 8/23/2010 1:00:00 PM For 8/23/2010 1:00:00 PM Auction Results 30-Year TIPS Auction Rate 1.768% Bid/Cover 2.78 Total Amount $7B THANKS Dual!!! (forgive my bad manners) Successful auction w/ a ratio much greater than 2 From Wiki: Bid-To-Cover Ratio is a ratio used to express the demand for a particular security during offerings and auctions. In general, it is used for shares, bonds, and other securities. It may be computed in two ways: either the number of bids received divided by the number of bids accepted, or the value of bids received divided by the value of bids accepted. The higher the ratio, the higher the demand. A ratio above 2.0 indicates a successful auction with aggressive bids. A low ratio is an indication of a disappointing auction, marked by a wide bid-ask spread.[citation needed]
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Post by Dualism on Aug 23, 2010 14:13:36 GMT -5
30-Yr TIPS Auction Released on 8/23/2010 1:00:00 PM For 8/23/2010 1:00:00 PM Auction Results 30-Year TIPS Auction Rate 1.768% Bid/Cover 2.78 Total Amount $7B Successful auction w/ a ratio much greater than 2 From Wiki: Bid-To-Cover Ratio is a ratio used to express the demand for a particular security during offerings and auctions. In general, it is used for shares, bonds, and other securities. It may be computed in two ways: either the number of bids received divided by the number of bids accepted, or the value of bids received divided by the value of bids accepted. The higher the ratio, the higher the demand. A ratio above 2.0 indicates a successful auction with aggressive bids. A low ratio is an indication of a disappointing auction, marked by a wide bid-ask spread.[citation needed] Treasury Inflation-Protected Securities (or TIPS) are the inflation-indexed bonds issued by the U.S. Treasury. The principal is adjusted to the Consumer Price Index, the commonly used measure of inflation. The coupon rate is constant, but generates a different amount of interest when multiplied by the inflation-adjusted principal, thus protecting the holder against inflation. TIPS are currently offered in 5-year, 10-year and 30-year maturities.[9]
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Post by Dualism on Aug 23, 2010 14:17:23 GMT -5
The big foreign holders of US debt as of Jan 2010
Holder Total China $889.0 billion Japan $765.4 billion Oil Exporters $218.4 billion United Kingdom $206.0 billion Brazil $169.1 billion
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Post by abdogman on Aug 23, 2010 14:17:24 GMT -5
BB's on 1m xlf fas faz narrow now macd on above on 1m appx 0/0 xlf 13.835 on 1m eur/usd 1m BB's tight vix on 1m tight tight
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Post by jack on Aug 23, 2010 14:21:56 GMT -5
FAS closely following that trendline:
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Post by jack on Aug 23, 2010 14:25:40 GMT -5
Yes... KNEW as soon as l posted it would break
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Post by Dualism on Aug 23, 2010 14:26:32 GMT -5
30-Year TIPS Auction Rate 1.768% Bid/Cover 2.78 Total Amount $7B The yield on the 30year T bond is 3.66% today. The rate would be only slightly lower. Let's disregard that slight difference between yield and rate. 1.89% is the inferred inflation?
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Post by abdogman on Aug 23, 2010 14:28:27 GMT -5
BB's spreading on 1m xlf fas faz xlf 13.80
all on 1m
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Post by abdogman on Aug 23, 2010 14:31:02 GMT -5
aud dropping eur droppin xlf 13.80 on 1m
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Post by abdogman on Aug 23, 2010 14:33:48 GMT -5
xlf 13.79 on 1m vix level last 4 mins at 24.94
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Post by sp7015 on Aug 23, 2010 14:34:33 GMT -5
It appears the hedge funds are really going after aapl today.
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Post by ccash04 on Aug 23, 2010 14:35:07 GMT -5
One encouraging thing is if vix closes in the red and markets close in the red, then chances are better for a green day tomorrow
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Post by jack on Aug 23, 2010 14:38:05 GMT -5
One encouraging thing is if vix closes in the red and markets close in the red, then chances are better for a green day tomorrow They said that in 1929 too I'm sure!!! ;D
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