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Post by brosin on Sept 8, 2010 11:55:37 GMT -5
I'm glad to see ole' VIXy falling off today, although that +11% day yesterday still seems strange the more I think about it. The fact that we didn't fall more than 100 points is pretty surprising still. (Small) Internal sign of strength?
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Post by ccash04 on Sept 8, 2010 12:08:33 GMT -5
I'm glad to see ole' VIXy falling off today, although that +11% day yesterday still seems strange the more I think about it. The fact that we didn't fall more than 100 points is pretty surprising still. (Small) Internal sign of strength? one explanation for it being so large, is that its the beginning of the month so to speak for a lot of traders (coming back from vacation). So there was a large amount of puts (protection) being bought. This is actually constructive as it limits the downside. Also, it makes sense to buy protection after the long weekend as the premiums are less due to the 3 day weekend.
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Post by ask2lern on Sept 8, 2010 12:20:44 GMT -5
I'm glad to see ole' VIXy falling off today, although that +11% day yesterday still seems strange the more I think about it. The fact that we didn't fall more than 100 points is pretty surprising still. (Small) Internal sign of strength? From Cobras site................... 09/07/2010 After Bell Quick Summary The bottom line, the short-term trend is up but I hold no position overnight as I see very strange, well, scary to me, things today: The CPCI (index put call ratio) skyrocketed high. To me (I don’t care if it’s a single trade or a data error or a couple of months later put which could be bullish, etc etc), this means something is going on, those big guys bought huge put to hedge their current positions, who always know something ahead of us retailers. So be careful here Uploaded with ImageShack.usUploaded with ImageShack.usChart from CBOE....................GL
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Post by benvestor on Sept 8, 2010 12:47:55 GMT -5
what the heck was all that swift selling.. wow are they trying to suck in the stops here before the run?
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Post by ccash04 on Sept 8, 2010 12:52:23 GMT -5
Bonds sucking liquidity out of the market?
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Post by ccash04 on Sept 8, 2010 12:53:11 GMT -5
Watching to see if TLT can hold 105, as TNX heads towards the lows of the day.
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Post by ccash04 on Sept 8, 2010 12:54:38 GMT -5
FFIV, VMW, APKT still on a tear while CRM is down a bit. That 3par acquisition lit a fire under these names.
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Post by abdogman on Sept 8, 2010 12:56:45 GMT -5
xlf 14.33 on 1m
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Post by ccash04 on Sept 8, 2010 13:00:46 GMT -5
Beige book not so great?
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Post by abdogman on Sept 8, 2010 13:07:51 GMT -5
macd just pos on 1m xlf fas xlf 14.32 on 1,m BB's narrown on 1m xlf fas faz
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Post by abdogman on Sept 8, 2010 13:09:20 GMT -5
Summary of Fed Beige Book
Reports suggested continued growth in national economic activity during the reporting period of mid-July through the end of August, but with widespread signs of a deceleration compared with preceding periods. Economic growth at a modest pace was the most common characterization of overall conditions. Reports from financial institutions pointed to generally stable or slightly lower loan demand and noted some modest improvements in credit quality. Lending activity was stable to down slightly on net. Most Districts reported little or no change from existing low levels of commercial and industrial lending, as businesses remained quite cautious about expansion plans. Consumer lending remained sluggish in general. Upward price pressures were very limited during the reporting period, with the exception of selected food commodities and industrial materials. Briefing .com 1403 edt
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Post by abdogman on Sept 8, 2010 13:15:38 GMT -5
xlf 14.34 on 1m and at top BB
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Post by ccash04 on Sept 8, 2010 13:16:23 GMT -5
If GLD closed right now, it would have a topping looking candle similar to the ones in early/mid june.
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Post by ccash04 on Sept 8, 2010 13:19:11 GMT -5
TLT has been slowly rising since auction now at 105.08, it will also have a nice bottoming tail and currently it has a hammer forming
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Post by benvestor on Sept 8, 2010 13:21:46 GMT -5
Gap on the 5 min spy chart at 1101.. I think it fills before close
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Post by ccash04 on Sept 8, 2010 13:23:21 GMT -5
TLT now testing 105 @ 105.01
and below it now..
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Post by ccash04 on Sept 8, 2010 13:25:38 GMT -5
Ticks looking good..
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Post by sp7015 on Sept 8, 2010 13:32:12 GMT -5
The aapl obama effect:
Every time he points his fingure in his speach it goes up. Its like he is giving a signal to the fed to buy buy buy.
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Post by abdogman on Sept 8, 2010 13:34:46 GMT -5
BB's narrowing now on 1m xlf fas faz macd near 0/0 on 1m xlf fas faz xlf 14.365 on 1m
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Post by sp7015 on Sept 8, 2010 13:35:09 GMT -5
come on. One more good fingure point will get spx above 1100
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Post by maxi on Sept 8, 2010 13:39:57 GMT -5
LMAO there it was! Did aapl go up more?
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Post by sp7015 on Sept 8, 2010 13:41:05 GMT -5
LMAO there it was! Did aapl go up more? I don't know but it sure is funny if you think about it.
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Post by maxi on Sept 8, 2010 13:42:41 GMT -5
Okay the market likes it. Slow but sure upwards..
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Post by abdogman on Sept 8, 2010 13:43:33 GMT -5
xlf 14.385 on 1m
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Post by abdogman on Sept 8, 2010 13:56:24 GMT -5
macd neg last 5 mins on 1m for xlf fas xlf 14.38 on 1m
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Post by abdogman on Sept 8, 2010 13:57:10 GMT -5
eur dropping and has been
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Post by jack on Sept 8, 2010 13:58:28 GMT -5
eur dropping and has been kerPLUNCK(TM)
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Post by ccash04 on Sept 8, 2010 14:03:37 GMT -5
Gap on the 5 min spy chart at 1101.. I think it fills before close Ben, excellent call. Exalt (actually exalt in an hr as I am out right now).
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Post by abdogman on Sept 8, 2010 14:05:35 GMT -5
Gap on the 5 min spy chart at 1101.. I think it fills before close Ben, excellent call. Exalt (actually exalt in an hr as I am out right now). Ur Right Exalt Ben !!!!
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Post by jack on Sept 8, 2010 14:06:06 GMT -5
eur dropping and has been kerPLUNCK(TM) Snap's correct: a short-lived treeshake )
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