|
Post by Clinton SPX on Sept 22, 2011 11:49:08 GMT -5
after these two huge drops my gut tells me everything is repriced correctly for now
|
|
|
Post by Clinton SPX on Sept 22, 2011 11:49:55 GMT -5
gold starting to rally. super fear receding to be replaced by reg fear
|
|
|
Post by timber on Sept 22, 2011 11:51:47 GMT -5
no peter schiff mentioned QE and gold in the same sentence
|
|
|
Post by ask2lern on Sept 22, 2011 11:53:54 GMT -5
I have done very well in the last month but things are getting to dicey for me so I am officially on the sidelines.......................my bias is still lower but to me cash is the best and that is what I am in even in my LT accounts except few select holdings with good divy returns in energy and a ag play all of which have big cushions and are areas that I think will do well LT....................will still be around but these are the types of markets that ruin traders...............I wont be one of them..........Be careful out there and GLTA.......................
|
|
|
Post by Clinton SPX on Sept 22, 2011 11:54:27 GMT -5
Heres why Im scalping oil long today Attachments:
|
|
|
Post by ask2lern on Sept 22, 2011 11:56:29 GMT -5
I did add to one position today and that was SWHC......................I think it will do well in the future..................... ;D
|
|
|
Post by Clinton SPX on Sept 22, 2011 12:05:47 GMT -5
spy stuck at the 20ma 10m they really are trying to stop this
|
|
|
Post by ask2lern on Sept 22, 2011 12:07:49 GMT -5
I did add to one position today and that was SWHC......................I think it will do well in the future..................... ;D Oh and I still have my black hole portfolio.................MVIS,IMGG and DDSS.....................
|
|
|
Post by Clinton SPX on Sept 22, 2011 12:08:08 GMT -5
Man they are dumping C and Bidu
|
|
|
Post by Clinton SPX on Sept 22, 2011 12:17:50 GMT -5
not looking good, they are using that 20ma as a lid
|
|
|
Post by Clinton SPX on Sept 22, 2011 12:48:00 GMT -5
broccoli man commands they take the lid off the 20ma
|
|
|
Post by Clinton SPX on Sept 22, 2011 12:48:17 GMT -5
that should do it
|
|
|
Post by Clinton SPX on Sept 22, 2011 13:30:06 GMT -5
remember the 3 day rule. End of the second day is when the dumb money starts to sell
|
|
|
Post by maxi on Sept 22, 2011 13:34:44 GMT -5
ACI has come up a buck from the lows.....
|
|
|
Post by Clinton SPX on Sept 22, 2011 13:43:10 GMT -5
spirit of bear flag on DXY. Lets see if they can break out spy from the 20ma
|
|
|
Post by Clinton SPX on Sept 22, 2011 14:21:55 GMT -5
OK this is crazy how bullish the dollar is
|
|
|
Post by maxi on Sept 22, 2011 14:25:12 GMT -5
Wasn't that the BB plan?
|
|
|
Post by natsalilfly on Sept 22, 2011 14:38:19 GMT -5
Hello all - hard to believe this day. I've only been trading a little since May, a few trades lately but got out yesterday. Congratz to the successful shorts, sympathy for trapped longs. This day is not unexpected, but I am still somehow surprised.
|
|
|
Post by Clinton SPX on Sept 22, 2011 14:56:15 GMT -5
I bought some bargains today. Hope I feel this way tomorrow.
|
|
|
Post by Clinton SPX on Sept 22, 2011 15:29:57 GMT -5
NYSE Margin Debt Plunges To Mid-2010 Levels, Still 60% Higher Than May 2009 Lows Submitted by Tyler Durden on 09/22/2011 - 13:32 Meltdown New York Stock Exchange Volatility
There was some good news for the bulls in the just released NYSE August margin debt update. Chief of these was that margin debt plunged from $306 billion to $272 billion in the past month, the lowest since the $270 billion in October 2010, which was to be expected considering the explosion in volatility of the last month. This means there are that fewer levered long positions that need liquidations/margin call collateral compliance. Another consequence of the market plunge in August was that Net Worth, or Margin Account credit balances, and Free Credit Cash accounts less Margin debt, the most direct proxy for levered beta pursuit, after hitting an all time low (negative net worth ) in May, has surged to nearly unchanged, or just ($4) billion, the most "unlevered" investors have been since June 2010. There is some bad news too however. And it is that at $272 billion in margin debt, there is still far, far more leverage in the market than at the market lows in March 2009, $99 billion or 56% more to be specific, even as many of the economic and market indicators are back to those levels, and in some cases even before. In other words, people still refuse to believe that any market meltdown is for real. And once the margin calls start coming in, the convergence with the 666 on the SPX could come in a matter ot weeks if not days (and, courtesy of the ubiquity of HFT which can just slide the power switch to OFF nowadays, potentially hours).
|
|
|
Post by elle on Sept 22, 2011 16:44:41 GMT -5
g'day, very busy, can't watch all the time, but my .02
buy indicator at the open, and sell ind. about noon-1:00
also, have strong buy for Mon afternoon for Tues (ta only, as always "news" can screw it up)
hope to be on regularly soon
$$ flos 3 pos (mostly on shorts selling, not longs buying, so not too solid)
$$ flos
|
|
|
Post by elle on Sept 22, 2011 16:51:26 GMT -5
one more thing, bought vxx oct puts and they almost doubled by eod, so that was interesting
|
|