Lock Limit Down Posted May 20, 2004 Report Share Posted May 20, 2004 Key Strokes attacking the shorts again The fate of the world depends on defence of the 200 This thing has FAILURE written all over it Holding and enjoying the journey Link to comment Share on other sites More sharing options...
soup Posted May 20, 2004 Report Share Posted May 20, 2004 Henny: No argument, front month options this late are for very short term scalps Only! Link to comment Share on other sites More sharing options...
Guest Posted May 20, 2004 Report Share Posted May 20, 2004 All they had to do was jump in and buy the futures to turn it. how easy is this? Link to comment Share on other sites More sharing options...
wndysrf Posted May 20, 2004 Report Share Posted May 20, 2004 Hey Wndy: what's your take on VLO? Wouldn't touch it. Too overextended. Energy complex needs a correction/consolidation first. Link to comment Share on other sites More sharing options...
K Wave Rider Posted May 20, 2004 Report Share Posted May 20, 2004 This is the final battle right here..bears must turn this last attack back and take charge.. Link to comment Share on other sites More sharing options...
wndysrf Posted May 20, 2004 Report Share Posted May 20, 2004 All they had to do was jump in and buy the futures to turn it. how easy is this? Exactly. The hubris at the Fed is reaching absurd levels. They must have the Ultimate Confidence that trillion dollar markets can be turned by simply flipping a lever at the JPM/One Derivative Colossus. Look at gold getting slapped. Look at the $USD getting bonered up. Chronic StickSaves on all stock indexes. All Natural Forces of the bear market have been violated by the Paper Pyramid, with Derivative Cyclones, Futures Buying Typhoons, and Bullhorning Parades. Link to comment Share on other sites More sharing options...
Henny Penny Posted May 20, 2004 Report Share Posted May 20, 2004 I always remind myself that "they" can no doubt pull off some spectacular stick saves on an intra-day basis , but cannot change the longer term trend. After all the nasduck has gone from 5000 to 1900 and the SPX from 1500 to 1100 and "they" could't do much about it. this is because they have a limited capacity to accumulate a huge inventory of shares. So they can try to create a sharp move hoping to suck some moronic institutions into the draft - but if the morons don't play , "they" are screwed. Link to comment Share on other sites More sharing options...
Lock Limit Down Posted May 20, 2004 Report Share Posted May 20, 2004 Internals on the Naz suck Gold and Silverbeing beat into submission in the cartel happy half hour Link to comment Share on other sites More sharing options...
brian4 Posted May 20, 2004 Report Share Posted May 20, 2004 opening now for one hour and 35 minutes-Helmets on, Buckle up! Link to comment Share on other sites More sharing options...
Guest Posted May 20, 2004 Report Share Posted May 20, 2004 Hey Wndy: what's your take on VLO? Wouldn't touch it. Too overextended. Energy complex needs a correction/consolidation first. Too Funny! And I thought this was a bear board! Uh...I was asking whether you thought it was a good shorting opportunity, given your contention that you thought oil stocks might take a hit. I'm already short it today at 63.47. Link to comment Share on other sites More sharing options...
trinharder Posted May 20, 2004 Report Share Posted May 20, 2004 Plunger, VLO was one I was watching as the chart looks shortable, but since its a refiner it may have a bit more strength than the drillers. I definately wouldn't be a buyer though. Link to comment Share on other sites More sharing options...
wndysrf Posted May 20, 2004 Report Share Posted May 20, 2004 Internals on the Naz suck Gold and Silverbeing beat into submission in the cartel happy half hour Here's your Tax Dollars (aka Repo Blasts) at work. Notice the weird gapping and irregular pattern. Volume is way too weak. Silver is being pushed down on no volume. Shorts are going to get blown out within days. Link to comment Share on other sites More sharing options...
wndysrf Posted May 20, 2004 Report Share Posted May 20, 2004 Hey Wndy: what's your take on VLO? Wouldn't touch it. Too overextended. Energy complex needs a correction/consolidation first. Too Funny! And I thought this was a bear board! Uh...I was asking whether you thought it was a good shorting opportunity, given your contention that you thought oil stocks might take a hit. I'm already short it today at 63.47. Plunger: Easier money to be made by shorting the drillers. That's the weakest group. VLO could get blown down, but it could get Steve McQueened in a heartbeat. Just look at what MRO did last month. Stay away from the refiners and independents on the short side. Focus on the weakling drillers like TDW, RDC, etc. Link to comment Share on other sites More sharing options...
Guest Posted May 20, 2004 Report Share Posted May 20, 2004 Hey Wndy: what's your take on VLO? Wouldn't touch it. Too overextended. Energy complex needs a correction/consolidation first. Too Funny! And I thought this was a bear board! Uh...I was asking whether you thought it was a good shorting opportunity, given your contention that you thought oil stocks might take a hit. I'm already short it today at 63.47. Plunger: Easier money to be made by shorting the drillers. That's the weakest group. VLO could get blown down, but it could get Steve McQueened in a heartbeat. Just look at what MRO did last month. Stay away from the refiners and independents on the short side. Focus on the weakling drillers like TDW, RDC, etc. Merciless....is that you???? Did you hijack Wndy's avitar? Both of those charts are at support! Link to comment Share on other sites More sharing options...
Guest Posted May 20, 2004 Report Share Posted May 20, 2004 WTF? Money now flowing into the homebuilders? Yeah, thats a safe haven. Link to comment Share on other sites More sharing options...
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