gameover Posted February 28, 2012 Report Share Posted February 28, 2012 Then again, during WW, charts are meaningless Link to comment Share on other sites More sharing options...
Jetlag Posted February 28, 2012 Report Share Posted February 28, 2012 Crude fuctures in danger of breaking that sweet rising channel if it gets below 107. Spooz fuctures could go to 1357 and still stay within the rising trend lines. At least according to my humble scribbles Link to comment Share on other sites More sharing options...
Goldmember Posted February 28, 2012 Report Share Posted February 28, 2012 Bought one PCLN Mar 17 630 put for $15.20 $1500-2000 is my usual single trade allotment with options. I may add sometimes but that is generally around my single options trade allotment. Keeps me out of trouble. Generally, lots of 10 contracts of SPY. Sometimes just the 10 contracts, sometimes more if really confident. Back in not so distant past when $SPX could gap 15-20 pernts or more regularly it would not at all be uncommon to wake up to a thousand dollar profit in the first minute of trading. I miss those days. Link to comment Share on other sites More sharing options...
gameover Posted February 28, 2012 Report Share Posted February 28, 2012 The same pattern continues. Get long during the 1st 1/2 hour Don't fight it It's all good Link to comment Share on other sites More sharing options...
dogsie Posted February 28, 2012 Report Share Posted February 28, 2012 Consumer's confidence up but they aren't buying durables. A bit of disconnect. Link to comment Share on other sites More sharing options...
capitall Posted February 28, 2012 Report Share Posted February 28, 2012 Consumer's confidence up but they aren't buying durables. A bit of disconnect. LOL, they feel confident but not quite confident enough to buy durables. Maybe later on. In other news, it looks like the 1%, on the average, are more likely to behave unethically, surprise surprise. http://www.infozine.com/news/infozine/50934.html Link to comment Share on other sites More sharing options...
Bungster Posted February 28, 2012 Report Share Posted February 28, 2012 LOL, they feel confident but not quite confident enough to buy durables. Maybe later on. In other news, it looks like the 1%, on the average, are more likely to behave unethically, surprise surprise. http://www.infozine.com/news/infozine/50934.html "For these studies, the researchers defined social class by an observable cultural symbol of social class--namely, the car one drives." Link to comment Share on other sites More sharing options...
psyche doctor Posted February 28, 2012 Report Share Posted February 28, 2012 Look for the comp to tag 3000. The master planners will ensure that, just needing one close with dow 13K, comp 3000 and SPX new post recovery highs in order to help promote their mass deception that all is well.Where this will be printed on the headlines, shouted from on high creating mass hysteria and imprinting this financial propoganda in the minds of sheep everywhere... Link to comment Share on other sites More sharing options...
Bungster Posted February 28, 2012 Report Share Posted February 28, 2012 Look for the comp to tag 3000. The master planners will ensure that, just needing one close with dow 13K, comp 3000 and SPX new post recovery highs in order to help promote their mass deception that all is well.Where this will be printed on the headlines, shouted from on high creating mass hysteria and imprinting this financial propoganda in the minds of sheep everywhere... Yep, we just need that closing print.... clearly I am too long here. I need to reduce my exposure soon...very soon.... Link to comment Share on other sites More sharing options...
Goldmember Posted February 28, 2012 Report Share Posted February 28, 2012 $SPX resistance holding. Debating a volley of SPY puts. Link to comment Share on other sites More sharing options...
dogsie Posted February 28, 2012 Report Share Posted February 28, 2012 Look for the comp to tag 3000. The master planners will ensure that, just needing one close with dow 13K, comp 3000 and SPX new post recovery highs in order to help promote their mass deception that all is well.Where this will be printed on the headlines, shouted from on high creating mass hysteria and imprinting this financial propoganda in the minds of sheep everywhere... Sure seems that way, all week, today included the internals have been lousy. Link to comment Share on other sites More sharing options...
psyche doctor Posted February 28, 2012 Report Share Posted February 28, 2012 Sure seems that way, all week, today included the internals have been lousy. Many of the market makers are primary dealers. Also, having a cash and a futures market helps as well. Don't necessarily have to have internals to grind higher when there is collusion, manipulation and fraud. Link to comment Share on other sites More sharing options...
DrStool Posted February 28, 2012 Report Share Posted February 28, 2012 market still can't break that line of resistance around 1370. Link to comment Share on other sites More sharing options...
DrStool Posted February 28, 2012 Report Share Posted February 28, 2012 Get daily updates on the 4 week, 6-7 week, 13 week, 6 month and 10-12 month cycle projections and multiple time frame cyclical, regression channel, and equal width channel support and resistance chart updates daily in the Wall Street Examiner Professional Edition Daily Market Update and support your community. Join NOW! Link to comment Share on other sites More sharing options...
bundys_dodge Posted February 28, 2012 Report Share Posted February 28, 2012 An interesting article about investor psychology by someone named Nic Colas, ConvergEX via Zero Hedge. I am not sure if it will go well with Stoolies, but, here it goes- I think great stock research strongly resembles the roach trick – you need to put in a huge amount of effort to get a small amount of useful, actionable, and legally obtained information. This has only gotten more difficult with the advent of Internet in the 15 years, since all the easy material is out there for everyone to see. It might take a legion of rocket scientists, or a cadre of mall walkers, or a survey of thousands of consumers. Real investment “Edge” takes a huge amount of effort. A Behind The Scenes Glimpse Into The Magic Of The Market Link to comment Share on other sites More sharing options...
Recommended Posts
Archived
This topic is now archived and is closed to further replies.