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Post by Clinton SPX on Aug 25, 2010 11:40:22 GMT -5
your not wrong, Jack
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Post by theMIST on Aug 25, 2010 11:40:32 GMT -5
I figured today we'd at least get a bounce and get a Green candle on the SP. Doesn't look to be the case. I think Jobless claims tomorrow has everyone scared! No buyers!
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Post by cashfilly on Aug 25, 2010 11:45:07 GMT -5
i'm out for the rest of the day....I've got a bad ac that's getting replaced tomorrow...so office is over 95 degrees...going to be a mom now while i still can..
Not quite as bullish as earlier...looks like futures contracts with the vix behaving as it is....that's a guess...and hope 13.37 holds up...
Good Luck all and great call shorting drn!....wasn't expecting that....
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Post by Rich on Aug 25, 2010 11:47:21 GMT -5
So many things look good here. PCX at 10. MGM at 9. AMR under 6.
1040 might just hold.
I'm 60-40 thinking it will break down here.
We need something positive.
C'mon Obama!
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Mikey
Broker/Dealer
Posts: 581
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Post by Mikey on Aug 25, 2010 12:02:29 GMT -5
Only worrisome thing to me is that many major stocks are breaking their May lows - despite the S&P being above.
Look at BAC, WFC, BBT, GPS, SPWRA, ESLR, HPQ, MHS, MWW, RTN - they all look extremely double-dippy to me.
BBY and CME are actually looking good today and are potential "falling knife" buys for me.
Also tempted by SVA and UNG but they are falling daggers, no way this pirate is touching them!
Glad I did that DRV/RIMM swap an hr ago too...IYR has sharply descending 20hma and flat 90dma right around $50.
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Post by cosmic on Aug 25, 2010 12:20:44 GMT -5
Mikey, good to see ya back ;D
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Post by Rich on Aug 25, 2010 12:24:00 GMT -5
I have a million indicators rolling around in my brain. The moon was full last night  Here's one more. I'm looking for HPQ to tap 37 before the turn around. Although it's been holding up fairly well, considering. |
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Post by ukarlewitz on Aug 25, 2010 12:25:47 GMT -5
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Post by ukarlewitz on Aug 25, 2010 12:29:13 GMT -5
I've been watching HPQ like a hawk. There'll be a trade there but patience has been paying so far.
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Post by jack on Aug 25, 2010 12:36:44 GMT -5
Mikey, good to see ya back ;D He thought he was gonna get away by merely lurking this am! LOL!!! NOT ON MY WATCH! LOL!!!  |
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Post by jack on Aug 25, 2010 12:41:06 GMT -5
"Carry on men & women" looks like its all downhill from here...hope I'm wrong. Allow me to rephrase that... "...all downhill and uphill and....from here..." LOL! |
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Post by Rich on Aug 25, 2010 12:49:14 GMT -5
The railroads grabbed my interest. Apparently, they've been taking market share from the truckers.
KSU has fallen a long way.
This could be a nice trade in the making.
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Post by jack on Aug 25, 2010 12:54:42 GMT -5
The railroads grabbed my interest. Apparently, they've been taking market share from the truckers. KSU has fallen a long way. This could be a nice trade in the making. Yeah baby BRK and the Burlington Northern Santa Fe!!!  |
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Post by jack on Aug 25, 2010 12:57:51 GMT -5
This could be as high as its gonna get today....(FAS)
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Mikey
Broker/Dealer
Posts: 581
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Post by Mikey on Aug 25, 2010 12:58:40 GMT -5
Out Ford $11.25, added DRV $29.54
I now have 50% of my hard-earned IRA savings in a 3x leveraged short real estate fund...seems ridiculous but I think IYR easily has 10% downside risk to $45 (its July low)
20% TZA
15% ERY
8% MVIS
7% ENER
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Post by ask2lern on Aug 25, 2010 12:59:35 GMT -5
all downhill and uphill and....from here..." LOL! My dad said he had to walk to school in blizzards uphill both ways and no boots.......................... ;D |
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Post by jack on Aug 25, 2010 13:04:45 GMT -5
all downhill and uphill and....from here..." LOL! My dad said he had to walk to school in blizzards uphill both ways and no boots.......................... ;D He had feet? Mine didn't!!! LOL!!! |
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Post by jack on Aug 25, 2010 13:06:57 GMT -5
FAS at ramming speed:
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Post by jack on Aug 25, 2010 13:19:03 GMT -5
REVISED NOTE TO SELF: Parabolic SAR indicators sometimes require a helluvalotta patience:  |
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Post by Clinton SPX on Aug 25, 2010 13:19:47 GMT -5
SPY just went green now watch them sell it down
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Post by jack on Aug 25, 2010 13:21:26 GMT -5
Doji last 10min FAS candle....that could be it for this run.
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Post by jack on Aug 25, 2010 13:33:08 GMT -5
UUP all bot trading as shown by perfectly even nature of the candles:  |
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Post by jack on Aug 25, 2010 13:36:17 GMT -5
Nice Ticks
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Post by abdogman on Aug 25, 2010 13:37:40 GMT -5
Watch it!!!!!>>>OH >>I thought U said....nevermind.... |
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Post by abdogman on Aug 25, 2010 13:38:24 GMT -5
macd pos on xlf fas last 5 or so on 1m
xlf 13.52 on 1m
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Post by jack on Aug 25, 2010 13:39:35 GMT -5
Doji last 10min FAS candle....that could be it for this run. Apparently a green followed by a red doji spinning top (FAS's 10min) means Explode Upward!!! |
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Post by jack on Aug 25, 2010 13:40:56 GMT -5
DM - you getting this???
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Post by deadmoney95 on Aug 25, 2010 13:43:27 GMT -5
what i am getting is a rally monkey spike that i hope doesn't come crashing down just as violently.  |
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Post by jack on Aug 25, 2010 13:45:30 GMT -5
I DIDN'T INVOKE THE RM!!!
If it does you only have yourself and the topping monkey tails to blame!!!
LOL!!!
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Post by ukarlewitz on Aug 25, 2010 13:46:24 GMT -5
That's a big ass red candle on TLT. Need follow through but low risk TBT entry with stop.
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