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Post by crumbdon on Feb 14, 2012 15:00:53 GMT -5
Here come the next round of dip buyers. 7.98 BAC being guarded like Fort Knox. A few of the weakest banks actually making a feeble attempt here at crawling back away from their lows. I think the close today sets the tone for the rest of the week.
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Post by Clinton SPX on Feb 14, 2012 15:05:08 GMT -5
I think the BOJ sets the tone. If they are done trashing the Yen we should have a big rally tomorrow
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Post by Clinton SPX on Feb 14, 2012 15:06:00 GMT -5
Nikkei tonight will be a good watch
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Post by elle on Feb 14, 2012 15:18:41 GMT -5
spy did not recapture fork as it is now higher, right here
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Post by elle on Feb 14, 2012 15:39:21 GMT -5
well, it was fun while it lasted
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Post by jack on Feb 14, 2012 15:43:11 GMT -5
well, it was fun while it lasted But wait!!!
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Post by crumbdon on Feb 14, 2012 15:48:23 GMT -5
*SPOILER ALERT- Childish rant next
Stupid EOD pumpers. LET IT GO! Here's hoping they get positively crushed at the open tomorrow.
Whew, sorry. Couldn't keep that bottled up any longer.
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Post by elle on Feb 14, 2012 15:49:19 GMT -5
I don't think I bother watch next couple days, no point in watching levels and confirmation when they can do this. Set the price and leave it alone.
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Post by elle on Feb 14, 2012 15:50:20 GMT -5
*SPOILER ALERT- Childish rant next Stupid EOD pumpers. LET IT GO! Here's hoping they get positively crushed at the open tomorrow. Whew, sorry. Couldn't keep that bottled up any longer. If only they ever did get crushed. was planning next aapl buy at 508, but how can I?
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Post by Clinton SPX on Feb 14, 2012 15:50:41 GMT -5
look at SOXL weeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee
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Post by elle on Feb 14, 2012 15:52:09 GMT -5
This is like the olden days 2.5 YEARS AGO!! remember? We'd wait for EOD and never failed.
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Post by walnut on Feb 14, 2012 15:56:03 GMT -5
Wow cannot dare to leave the computer for 15 minutes.
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Post by jack on Feb 14, 2012 15:56:51 GMT -5
I don't think I bother watch next couple days, no point in watching levels and confirmation when they can do this. Set the price and leave it alone. "My dear - I'm sure I have no idea what you mean by that!" said Ben Bernanke as he broke away from the PPT for a moment.
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Post by crumbdon on Feb 14, 2012 15:57:36 GMT -5
I don't think I bother watch next couple days, no point in watching levels and confirmation when they can do this. Set the price and leave it alone. I've reached the same point, Elle. The one day I try buying the dip for anything more than a scalp will be the same day the Big Boys return from their vacations in the Hamptons and the Bahamas. When they see what retail has done to their market, they'll set their ashtrays down on top of the "Sell" buttons and walk away. FWIW, look at banks the last hour. BAC stuck almost at LOD, and most others not buying this EOD fluff job. Do they know something coming from overseas tonight?
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Post by jack on Feb 14, 2012 15:58:47 GMT -5
This is like the olden days 2.5 YEARS AGO!! remember? We'd wait for EOD and never failed. Those were the days alright! One would have to be a frickin' idiot not to make a ton of $dough that year after March 9th!
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Post by huh? on Feb 14, 2012 15:59:54 GMT -5
Gotta fill them down gaps...just like yesterday's up move filled Friday's gap down.
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Post by elle on Feb 14, 2012 16:03:01 GMT -5
4th floor, anybody out....wait, 6th floor, wait, 12th floor, wait 66th floor............
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Post by dzech00 on Feb 14, 2012 16:03:37 GMT -5
All I can say is WOW! VIX gets bitch slapped and SPX almost closes green all in the last half hour! Something must be up overseas. I would guess huge bull boner for tomorrow, probably most of the gains in an overnight gap up.
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Post by herceg1967 on Feb 14, 2012 16:03:51 GMT -5
I did absolutely nothing today............could not get a read on anything which was depressing..............but have to admit that finish really surprised the hell out of me..................unfortunately I still don't buy this run.................surprise, surprise..............Hope others did better.....................
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Post by Clinton SPX on Feb 14, 2012 16:03:57 GMT -5
I did a lot of buying today I need a yen rally by morning
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Post by Rich on Feb 14, 2012 16:04:22 GMT -5
industrials even went green
trans, not so
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Post by elle on Feb 14, 2012 16:04:36 GMT -5
good point, crumb, banks stuck in neutral
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Post by Clinton SPX on Feb 14, 2012 16:07:47 GMT -5
Zynga beats
Im shocked
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Post by jack on Feb 14, 2012 16:08:03 GMT -5
I don't think I bother watch next couple days, no point in watching levels and confirmation when they can do this. Set the price and leave it alone. I've reached the same point, Elle. The one day I try buying the dip for anything more than a scalp will be the same day the Big Boys return from their vacations in the Hamptons and the Bahamas. When they see what retail has done to their market, they'll set their ashtrays down on top of the "Sell" buttons and walk away. FWIW, look at banks the last hour. BAC stuck almost at LOD, and most others not buying this EOD fluff job. Do they know something coming from overseas tonight? Banks are screwed - Obammy's new budget is based on milking the big banks for all his shortfalls.
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Post by Clinton SPX on Feb 14, 2012 16:09:42 GMT -5
fed will feed the banks money via the back door. Its all a scam
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Post by elle on Feb 14, 2012 16:09:50 GMT -5
All I can say is WOW! VIX gets bitch slapped and SPX almost closes green all in the last half hour! Something must be up overseas. I would guess huge bull boner for tomorrow, probably most of the gains in an overnight gap up. I almost sold my last block of xiv at 7.88, man, I would've needed to break something I think.
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Post by Clinton SPX on Feb 14, 2012 16:10:05 GMT -5
Zynga down AH. Sounded like they beat. hmm
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Post by jack on Feb 14, 2012 16:12:39 GMT -5
fed will feed the banks money via the back door. Its all a scam Man I sure do hope so. DISCLOSURE: I'm 3000 shrs long C
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Post by crumbdon on Feb 14, 2012 16:17:51 GMT -5
Well, I said the close would set the tone for tomorrow. Guess we know how that went.
One point of concern though. Banks were really weak all day, even into the close. And they've been one of the strongest sectors for several weeks. Hmmmmm
O P E X
W E E K
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Post by elle on Feb 14, 2012 16:19:10 GMT -5
I must be too seriously stoopid to understand options, they're gonna pay out on the calls which are thru the roof and leave the puts which are next to worthless?
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