psyche doctor Posted February 10, 2012 Report Share Posted February 10, 2012 Do or die time for the bears coming up Link to comment Share on other sites More sharing options...
Trader Joe Posted February 10, 2012 Report Share Posted February 10, 2012 Good grief... I was just reading the comments section on some posts over at ZeroCred Man, that place has devolved into mayhem....what a mess Makes this board and the folks that call it home look like PhD's...and civilized ones at that...whoddathunk? Link to comment Share on other sites More sharing options...
bundys_dodge Posted February 10, 2012 Report Share Posted February 10, 2012 "Intraders" are very bearish.... on the chance of a recession in 2012, https://data.intrade.com/graphing/temp/chart132863970015649453.png (Could not hotlink the chart) Link to comment Share on other sites More sharing options...
bundys_dodge Posted February 10, 2012 Report Share Posted February 10, 2012 Granted...but what does that have to do with consumption? In NJ gas stations close all the time -- reason, there were too many They opened a fukton of banks in my 'hood during 2003-2007...we used to joke that pretty soon every household in town with have their own bank....something like 15 banks for 1,000 households Now they are closing them Supply - Demand Ipso - Facto Yin - Yang Buy the dip! (just not yet) Good question. Great answer. You get double credit Link to comment Share on other sites More sharing options...
Goldmember Posted February 10, 2012 Report Share Posted February 10, 2012 I'm debating with myself about grabbing a boatload of calls for Opex next week. This morning's open and futher low is probably the low for the 6-7 week cycle and we still have an outstanding 10-13 week and 6 month cycle high out there. Dare I wait for Monday? Link to comment Share on other sites More sharing options...
capitall Posted February 10, 2012 Report Share Posted February 10, 2012 I'm debating with myself about grabbing a boatload of calls for Opex next week. This morning's open and futher low is probably the low for the 6-7 week cycle and we still have an outstanding 10-13 week and 6 month cycle high out there. Dare I wait for Monday? It seems in the past, at times like this, you bought part of your position on Friday and part on Mon. Was there a problem with that method? You seem to be doing great. You've got more patience than most, and it seems to pay off. Lots of folks would not have held on to puts through the earlier rise this week. Link to comment Share on other sites More sharing options...
Goldmember Posted February 10, 2012 Report Share Posted February 10, 2012 It seems in the past, at times like this, you bought part of your position on Friday and part on Mon. Was there a problem with that method? You seem to be doing great. You've got more patience than most, and it seems to pay off. Lots of folks would not have held on to puts through the earlier rise this week. It's the same conundrum again and yes, the split entry does alleviate some of the stress about it and has performed well in the past. If it runs away on Monday in either direction I'm half in or half out of profit. Link to comment Share on other sites More sharing options...
Goldmember Posted February 10, 2012 Report Share Posted February 10, 2012 Holding those puts was tough, but I KNEW the 6-7 week cycle downphase had yet to arrive with its last leg. The manipulators pushed it right to the extreme but it can't be negated completely. One decent gap down was definately due. Link to comment Share on other sites More sharing options...
psyche doctor Posted February 10, 2012 Report Share Posted February 10, 2012 I am short ES, NQ Link to comment Share on other sites More sharing options...
psyche doctor Posted February 10, 2012 Report Share Posted February 10, 2012 setting up nicely. Should get a little sell off going into the weekend. Where's Hanky? Said he was going to do some drinking last night. Must've hit it hard. Link to comment Share on other sites More sharing options...
psyche doctor Posted February 10, 2012 Report Share Posted February 10, 2012 Push, push....... give it up like a cheap ...... Link to comment Share on other sites More sharing options...
Goldmember Posted February 10, 2012 Report Share Posted February 10, 2012 Still waiting about whether I buy half or not. Sitting on hands. Link to comment Share on other sites More sharing options...
psyche doctor Posted February 10, 2012 Report Share Posted February 10, 2012 support still holding. just hope they decide one way or the other before the weekend. Link to comment Share on other sites More sharing options...
Goldmember Posted February 10, 2012 Report Share Posted February 10, 2012 OK...grabbed my half position of calls for next week. The perfect double bottom was irresistable. Link to comment Share on other sites More sharing options...
DrStool Posted February 10, 2012 Report Share Posted February 10, 2012 Double bottom with positive divergences. http://bit.ly/yf8kEd Link to comment Share on other sites More sharing options...
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