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Post by Clinton SPX on Feb 9, 2012 13:26:27 GMT -5
is this market dull or what?
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Post by elle on Feb 9, 2012 13:27:08 GMT -5
It is interesting to see TVIX up so much with the markets slightly green. Very strange. Anyone know what it means? I still have some of my xiv, dz, but have a hairline stop like everyone else I would guess right now.
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Post by crumbdon on Feb 9, 2012 13:28:15 GMT -5
Whoa! BAC just rolled over. Everyone out of the pool until this little storm cloud passes. Still wouldn't be surprised to see it turn around by EOD though. As I figured. BAC's back. And it brought GS with it. won't be long for the rest. There will come a day (who knows when? a week? a month?, more?) when the dip won't stop, and then the fall will be terrific. That's the worst part about these artificially boosted markets. Hope no one here gets hurt when it happens.
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Post by jack on Feb 9, 2012 13:31:16 GMT -5
Meanwhile the SPY's approaching another significant resistance at the 135.60-135.70 level...heh heh hehhhhhhhhhh.....
WHILE I might add when the USD's going up!!!
That's whatcha call a "negative divergence" I learned that last nite on the ITMS thing.
Bwahahhaahahaaaaa!
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Post by elle on Feb 9, 2012 13:31:22 GMT -5
yeah, you notice they can't let it pullback much at all, stops on everything really up there now
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Post by elle on Feb 9, 2012 13:32:02 GMT -5
I have learned quite a bit from itms
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Post by jack on Feb 9, 2012 13:34:10 GMT -5
I have learned quite a bit from itms Me too but I still think I was a lot smarter when I was a teenager.
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Post by elle on Feb 9, 2012 13:38:18 GMT -5
most of it is the basics, (I know, I know, I keep repeating) learned from Phil 3 years ago. He's MUCH less expensive. That being said, I like their patience. I think it's nuts (mm) not to be a bit short at this point and waiting. I'm more than a bit short.
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Post by Clinton SPX on Feb 9, 2012 13:41:27 GMT -5
OK i think i see a little iH&S on SLV 10m
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Post by elle on Feb 9, 2012 13:47:51 GMT -5
they need to have the sound bites ah be about how the market loves the new foreclosure deal
(how in the world is E. Holder still the top law official of the land?)
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Post by elle on Feb 9, 2012 13:57:19 GMT -5
ever go to air shows?
isn't this like the bi-plane that goes straight up, and the propeller can pull it for awhile even after the wings have lost all lift. then it starts to slip backwards, and they increase the power, but eventually it stalls completely
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Post by Clinton SPX on Feb 9, 2012 14:10:07 GMT -5
OK i think i see a little iH&S on SLV 10m NM
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Post by elle on Feb 9, 2012 14:17:21 GMT -5
jack, are you selling dollars again?
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Post by Clinton SPX on Feb 9, 2012 14:44:29 GMT -5
can we have a 3 oclock rally like old times? man this market is boring
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Post by dino on Feb 9, 2012 14:47:20 GMT -5
get that vix in the upper 20's and it's like the open or the close all day long...
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Post by dino on Feb 9, 2012 14:55:56 GMT -5
here comes the fake dip
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Post by dino on Feb 9, 2012 15:24:49 GMT -5
ooooohhhhh.... double fake. you tricky one mr. market....
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Post by dino on Feb 9, 2012 15:25:19 GMT -5
we know you not closing this ting red....
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Post by jack on Feb 9, 2012 15:53:40 GMT -5
Volume is apparently back!!! SPY vol now 47M at that sustained rate the daily would be 2X last 10days' average (around +300M). Is this the beginning of the ITMS's call for a pullback? LOL!!! SPY vol only 135M which is still lame...guess the insties decided not to play again today.
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Post by elle on Feb 9, 2012 16:04:09 GMT -5
$$ flos still mia, tho xiv on the buy, xiv never comes up on $$ flos
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Post by jack on Feb 9, 2012 16:41:33 GMT -5
US Trade (Im)Balance front and center tomorrow THAT should do wonders for Mr Market dontchatink?
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