Trader Joe Posted April 12, 2012 Report Share Posted April 12, 2012 Starting to look like April 2011 Link to comment Share on other sites More sharing options...
zero_value Posted April 12, 2012 Report Share Posted April 12, 2012 It does seem that there has to be a limit somewhere. Once natural gas futures, and gold miners, get to a price of zero they will have to come back up. And perhaps even before that point, LOL. Perhaps, as the proverb says, "All things come to he who waits" for the turn around. Sounds like you have good patience. I hope it will be rewarded soon. This one has been absolutely relentless to the downside not for weeks or months but years, there seems to be such an imbalance in the markets that is greater than I have ever seen. Lets see an energy source trading at 25-50% below production cost while worthless paper common stock trading for essentially at infinity. Link to comment Share on other sites More sharing options...
DrStool Posted April 12, 2012 Report Share Posted April 12, 2012 spx 2 day cycle projection 1385. Link to comment Share on other sites More sharing options...
DrStool Posted April 12, 2012 Report Share Posted April 12, 2012 Latest Wall Street Examiner Posts Treasury announces 5-Year TIPS Treasury announces 13-Week Bill Treasury announces 26-Week Bill Just How Bad Is This Week’s Unemployment Claims Data? Not Bad At All Gold Keeps Trying To Form A Bottom Green Slime Drives Our Financial Crises SPX Update: Looks About Right So Far… Herb Stein’s Law Chop and Slop Flimsy flurry Multiple Under Reported Busts and Big Employment Cost Increase Will Clobber Earnings What If Housing Is Done for a Generation? Link to comment Share on other sites More sharing options...
DrStool Posted April 12, 2012 Report Share Posted April 12, 2012 This one has been absolutely relentless to the downside not for weeks or months but years, there seems to be such an imbalance in the markets that is greater than I have ever seen. Lets see an energy source trading at 25-50% below production cost while worthless paper common stock trading for essentially at infinity. Price is an objective measure of what something is worth. Value is subjective. It's in the eye of the beholder. Value is usually a rigid personal construct, unrelated to objective reality. The market measures price, not value. It moves much more quickly than people's concepts of value. Link to comment Share on other sites More sharing options...
bundys_dodge Posted April 12, 2012 Report Share Posted April 12, 2012 Paging the resident NatGas Douche- Wall Street Journal - * April 12, 2012, 11:05 AMGoldman Sachs: Natural Gas Prices Won’t Rebound Until 2013 By Steven Russolillo Prices slipped below the $2 mark yesterday for the first time in more than 10 years, and many anal cysts say prices could go even lower through the summer. - Now you can add Goldman Sachs to that camp. In a research note this morning, the firm said there will be “sustained depressed prices” over the next few months. http://blogs.wsj.com/marketbeat/2012/04/12/goldman-sachs-natural-gas-prices-wont-rebound-until-2013/?mod=yahoo_hs Link to comment Share on other sites More sharing options...
DrStool Posted April 12, 2012 Report Share Posted April 12, 2012 There is no "right" or "wrong" price. It is what it is and it moves in the direction it is moving until it doesn't. The task is simple. Recognize the turning points. Link to comment Share on other sites More sharing options...
I_Am_Madness Posted April 12, 2012 Report Share Posted April 12, 2012 AAPL going red? Link to comment Share on other sites More sharing options...
zero_value Posted April 12, 2012 Report Share Posted April 12, 2012 Paging the resident NatGas Douche- Wall Street Journal - http://blogs.wsj.com...3/?mod=yahoo_hs Just keep piling on everyone hates Natty, just keep piling on. And oh yeah Doc price is all that matters well understood just interesting to see something other than paper trade well below industries capability to produce. Link to comment Share on other sites More sharing options...
I_Am_Madness Posted April 12, 2012 Report Share Posted April 12, 2012 Hitting it's head right on gap resistance. Let's see if it gets filled today. Link to comment Share on other sites More sharing options...
zero_value Posted April 12, 2012 Report Share Posted April 12, 2012 I forget who, but someone posted max pain for APR Crapple puts @ 550. Does anyone have a link to this? Link to comment Share on other sites More sharing options...
Dopamine Posted April 12, 2012 Report Share Posted April 12, 2012 I forget who, but someone posted max pain for APR Crapple puts @ 550. Does anyone have a link to this? I think it was TJ. It's probably this one http://www.optionpain.com/OptionPain/Option-Pain.php. Not sure how accurate it is. I personally haven't seen any conclusive study on max pain so I am not much of a believer in it. Link to comment Share on other sites More sharing options...
Dopamine Posted April 12, 2012 Report Share Posted April 12, 2012 Maybe I am being sucked in like gameover says but this doesn't look good to me one bit. http://stockcharts.com/h-sc/ui?s=$NYHL&p=D&yr=0&mn=3&dy=0&id=p95298845159 http://stockcharts.com/h-sc/ui?s=$NAHL&p=D&yr=0&mn=3&dy=0&id=p06864010648 Link to comment Share on other sites More sharing options...
DrStool Posted April 12, 2012 Report Share Posted April 12, 2012 Prelim spx 5 day cycle projection 1397. 2 day cycle projection rises to 1388. 3 day cycle projection 1392. Link to comment Share on other sites More sharing options...
Trader Joe Posted April 12, 2012 Report Share Posted April 12, 2012 I think it was TJ. It's probably this one http://www.optionpain.com/OptionPain/Option-Pain.php. Not sure how accurate it is. I personally haven't seen any conclusive study on max pain so I am not much of a believer in it. Weekly Pain chart predicted, in advance, that AAPL would be $585 at the market close on March 16 and the real closing price was $585.57. Join Optionpain to read more details. I have no idea of exactly how accurate this nonsense is (even though the logic behind it is obvious)...but I have noticed that more often than not, it comes pretty close Link to comment Share on other sites More sharing options...
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