MrHanky Posted March 13, 2012 Report Share Posted March 13, 2012 Historic record moves since the October lows,and the Dow up about 120 in the final hour.All bears dead and buried...... Link to comment Share on other sites More sharing options...
Bungster Posted March 13, 2012 Report Share Posted March 13, 2012 Today not so good for Bung.... Link to comment Share on other sites More sharing options...
MrHanky Posted March 13, 2012 Author Report Share Posted March 13, 2012 And yet still going up AH. Is this 1999? Link to comment Share on other sites More sharing options...
MrHanky Posted March 13, 2012 Author Report Share Posted March 13, 2012 Today not so good for Bung.... Take a Xanax and let this thing burn itself out..... Link to comment Share on other sites More sharing options...
MisFit Kid Posted March 13, 2012 Report Share Posted March 13, 2012 Every time there is some "roadblock" / resistance point on the charts (Dow 13k), that point gets blown through big time. As someone mentioned earlier, it makes the "News" headline to the sheeple easy to print. Link to comment Share on other sites More sharing options...
Dopamine Posted March 13, 2012 Report Share Posted March 13, 2012 Say what you want but Bernanke gets an A in financial alchemy. Link to comment Share on other sites More sharing options...
gameover Posted March 13, 2012 Report Share Posted March 13, 2012 safe to the the "soft" stress test results will be bullishexpect an immediate ES response over 1400 Link to comment Share on other sites More sharing options...
gameover Posted March 13, 2012 Report Share Posted March 13, 2012 no coincidence these stress test are released during expiration weekdon't kid yourself, you know damn well a ship load of calls were being bought on last Tues. "selloff" in anticipation of this, easy money for the elite Link to comment Share on other sites More sharing options...
dogsie Posted March 13, 2012 Report Share Posted March 13, 2012 Oh oh, Citi needs more capital Link to comment Share on other sites More sharing options...
Trader Joe Posted March 13, 2012 Report Share Posted March 13, 2012 Probably higher than that. However, I operate on a completely different time frame than you and rarely trade stock. My analysis on aapl is purely for entertainment purposes ME TOO and, as long as aapl keeps going up, so will the market. So, in a sense, I am using appl as a proxy for the NQ. Anyway, why don't you buy some if you are so sure that 750 is in the cards? SEE ABOVE I am contemplating buying some long-dated options in my reservoir account.Do you still sell naked options? You implied earlier that you are or might be liquidating. If so, why? B/C I BUY FEAR AND SELL DEAR (NOW ALMOST 90% CASH, UP FROM 85% LAST WEEK). DUMPING THE STUFF I BOUGHT LAST YEAR DURING THE ROUT. SOME STUFF IS STILL UNDERWATER. SO I"LL PROBABLY HOLD THAT STUFF (ABOUT 3-4% of HOLDINGS) IF I DECIDE THAT THIS THING HAS LEGS GOING INTO APRIL, I MAY DABBLE IN SOME CALLS (MARKET INDEX, NO NAMES) AS FOR SELLING NAKED OPTIONS (PUTS), ONLY WHEN THE MARKET IS CRATERING AND VOLATILITY IS HIGH -- NOW IS NOT A GOOD TIME If aapl keeps rising, chances are so will the market. TJ - while you are at it, what about the Apple spanking (for Monday) that was prognosticated last week?. I am always curious about short term calls that are made with such confidence. (Don't take it the wrong way dude) YEAH, WELL THAT DIDN'T HAPPEN. NOT SO SURE IT WAS WITH "SUCH CONFIDENCE" Link to comment Share on other sites More sharing options...
I_Am_Madness Posted March 13, 2012 Report Share Posted March 13, 2012 "should" had covered on Friday with that RUT buy signal. "should" had held my gold short for another +36. Ya, it's a "should had" day. Link to comment Share on other sites More sharing options...
I_Am_Madness Posted March 13, 2012 Report Share Posted March 13, 2012 If last week's 3 day move up was another "initial thrust", we are looking at 1460-1470 coming up in 4-6 weeks. Link to comment Share on other sites More sharing options...
Goldmember Posted March 13, 2012 Report Share Posted March 13, 2012 All I know is that I bought April GLD 162 calls at the multi-day double bottom on the charts. I bought a small amount of March GLD calls that expire Friday just for gambling shits and giggles as well. The Aprils were a mucher better bargain, really. Premium is nuts on any near month stuff. Another Fade the Cliff Edge trade I put on at the same time near the close were a bunch of TLT calls for a Bond play. Damn...I must be a Contrarian. Link to comment Share on other sites More sharing options...
Bungster Posted March 13, 2012 Report Share Posted March 13, 2012 "should" had covered on Friday with that RUT buy signal. "should" had held my gold short for another +36. Ya, it's a "should had" day. Right there with ya.... I think I have a date with a kegger tonight... Link to comment Share on other sites More sharing options...
Trader Joe Posted March 13, 2012 Report Share Posted March 13, 2012 If I were a micro second trader... ...I would be looking to short ES into this JPM prejaculation induced rally Link to comment Share on other sites More sharing options...
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