Charmin Posted December 11, 2009 Report Share Posted December 11, 2009 Your healthcare dollars: Morgan Stanley HMO index continues to rise on the heels of WCG, HNT, CI, etc. http://www.StockSharePublishing.com/ChartL..._1260490664.png Link to comment Share on other sites More sharing options...
Drano Posted December 11, 2009 Report Share Posted December 11, 2009 http://news.yahoo.com/s/ap/20091210/ap_on_...WVyaWNhbnNuZXQ- Americans' Net Worth Rises for 2nd Straight Quarter. Uh-huh. Link to comment Share on other sites More sharing options...
Rationalize Posted December 11, 2009 Report Share Posted December 11, 2009 ...I piss on the crapvision pundits and borkers who tell their clients to buy "good stocks" of "good companies' and to "do your homework".... "fundamentals matter"....it's all horsesheet...just a numbers game run by greedy bookies. Agreed 100%. And .. to that I say to all and sunder -- learn how the bookies run the game. Look at the option pricing models. Realize that you're paying the spread, and they're NOT. Never enter a market order. And, remember that "manipulation" is largely just analysis and exploitation of VWAP & book depth at every discrete point in time. Not so sinister, just smarter. A lot smarter. The directional bet customer takes the risk [and sometimes wins big]. The bookie runs the game, and takes the overround margin [and always wins small]. I find Goldmans-sack's announcement about discretionary comp being the form of "Shares at Risk" for the top 30 muckety-mucks as laughable beyond comprehension [1] It's only the top 30 for cryin' out loud -- and for good reason (as we'll see next) [2] If this mandate were made more broad to say all MD's and SVP's there would be blood in the hallways of 85 Broad and very disruptive exoduses as well as a lack of the type of alpha male & alpha bitch behavior that drives the Squid -- i.e., a "we'll show them" sit on our hands mentality would ensue [3] Funny timing too....right before boneruses are awarded to maximize the PR impact (Oh those poor Goldmanites) [4] And last, but not least, the rules governing the shares at risk can be changed just as quickly as it took to put them in place in the first place, thus making them, well, not so much at risk after all once things settle down regarding the public's outrage against the Squid-- i.e., via accelerated vesting etc Hahahahah... NO. No doubt these guys will enter into a private OTC deal to sell their "at risk" stock forward, at a price agreed today. Hooray for OTC shadow merkets. Link to comment Share on other sites More sharing options...
Drano Posted December 11, 2009 Report Share Posted December 11, 2009 Weird blue light in Norwegian sky explained. "MOSCOW (AFP) – Russia's new nuclear-capable missile suffered another failed test launch, the defence ministry said Thursday, solving the mystery of a spectacular plume of white light that appeared over Norway. The Bulava missile was test-fired from the submarine Dmitry Donskoi in the White Sea early Wednesday but failed at the third stage, the defence ministry said in a statement." I guess they shoulda used a Timex instead. http://news.yahoo.com/s/afp/20091210/sc_af...militarymissile Link to comment Share on other sites More sharing options...
patents Posted December 11, 2009 Report Share Posted December 11, 2009 How do you determine what the highs and lows of the range is for the day? For example... Last Monday, during the morning we printed a low at around 1106 follow by a bounce to 1111. It trade sideways for 4 hours. Prices then started to HEAD down at around 3:15pm. I assume you play the long when prices approached 1106-1108 assuming prices will close at the 2/3 of the range. We all know what happened after. Prices took a quick spill to 1098. Lately I have bought in the morning (either about 10 min in when there is the drop and pop or about a hour to an hour and a half after cash opens and as close to the LOD as possible after there is a little bounce) and hold until the afternoon with a stop at the LOD. Then transition to stops at 5 min trend lines or clear support levels. Lows lately have also been rather apparent in that they are often needle bottoms. The highs are harder to recognize since they tend to be "round" and the market can turn down or use it as a launch pad. Lows generally are confirmed with a variety of indicators for example various momentum indicators and the slope of the regression line. I also have a slower indicator that I wrote based on Einstein's Brownian motion paper/theory that gives me a general feeling of the direction of the market. Also, I try not to be greedy and when there is the requisite 10 point move up from the LOD, then I am normally out. Most of the trades have from the long side since I am too scared on the short side lately. After that it becomes a numbers/probability game. It is mainly guerrilla tactics. Link to comment Share on other sites More sharing options...
Rationalize Posted December 11, 2009 Report Share Posted December 11, 2009 I've never understood how they do the Bid/Ask Numbers. The Time & Sales Numbers don't seem to reflect the Bid/Ask Numbers and neither does the Volume. On my Streaming Chart the Size Parameter is typically Hundreds x Hundreds and that small Number is added to the Total Volume. Like today where not even 35M Shares have traded ... Argh. Bid: An offer to buy at a certain price. [Limit order to BUY at x] ASSk: An offer to sell at a certain price. [Limit order to SELL at x] Volume is the transactions that actually happened. Link to comment Share on other sites More sharing options...
Jorma Posted December 11, 2009 Report Share Posted December 11, 2009 Agreed 100%. And .. to that I say to all and sunder -- learn how the bookies run the game. Look at the option pricing models. Realize that you're paying the spread, and they're NOT. Never enter a market order. And, remember that "manipulation" is largely just analysis and exploitation of VWAP & book depth at every discrete point in time. Not so sinister, just smarter. A lot smarter. The directional bet customer takes the risk [and sometimes wins big]. The bookie runs the game, and takes the overround margin [and always wins small]. Hahahahah... NO. No doubt these guys will enter into a private OTC deal to sell their "at risk" stock forward, at a price agreed today. Hooray for OTC shadow merkets. The important thing is the old game is back on. The casino is humming again almost better than ever because there are fewer big IB's to add crosscurrents. The macro economic scene is a distant memory. There is again sufficient liquidity in equities with the old fashioned marginal new money flowing in week after week, and nobody is going to liquidate unless forced to. Nothing has changed. It's a stock pickers market and the right rumor can make your month or year. Link to comment Share on other sites More sharing options...
shorty Posted December 11, 2009 Report Share Posted December 11, 2009 http://news.yahoo.com/s/ap/20091210/ap_on_...WVyaWNhbnNuZXQ- Americans' Net Worth Rises for 2nd Straight Quarter. Uh-huh. well after all, the Recession is over, house prices are rising again (which is good for everyone), common stocks are in a fresh young new bull market, inflation is low and contained, good secure high-paying jobs are plentiful and easy to get, Americans are flush with excess spending cash, and the nation is kind, gentle and friendly....everywhere you go smiling faces greet you and reach out a helping hand, this truly is the best of times, and they're getting better every day, in every way, all thanks to the greatness of our dear honorable government leaders who are making huge personal sacrifices to serve us, all they ask is that we goose-step in line, squeal like little piggies when we're told to, and turn in anyone not obeying... that seems like a good deal to me Link to comment Share on other sites More sharing options...
Drano Posted December 11, 2009 Report Share Posted December 11, 2009 Do we know what day they get their bonuses? Because the trade is to load up on GS the next day. They will whack the stock down until the bonus is paid, then it will launch. Link to comment Share on other sites More sharing options...
Rationalize Posted December 11, 2009 Report Share Posted December 11, 2009 Do we know what day they get their bonuses? Because the trade is to load up on GS the next day. They will whack the stock down until the bonus is paid, then it will launch. Don't know any facts, but will aSSume it will include long term vesting BS, and a weighted average entry price, so as to avoid maximum gaming. Link to comment Share on other sites More sharing options...
Drano Posted December 11, 2009 Report Share Posted December 11, 2009 It appears from this article that 47% of Goldman's net revenue goes to employees. Is that a lot? http://news.yahoo.com/s/ap/20091210/ap_on_...2xkbWFuc2FjaHM- As a future GS shareholder, I think we need to make sure that these dedicated people get paid enough for all they do. Link to comment Share on other sites More sharing options...
psyche doctor Posted December 11, 2009 Report Share Posted December 11, 2009 The important thing is the old game is back on. The casino is humming again almost better than ever because there are fewer big IB's to add crosscurrents. The macro economic scene is a distant memory. There is again sufficient liquidity in equities with the old fashioned marginal new money flowing in week after week, and nobody is going to liquidate unless forced to. Nothing has changed. It's a stock pickers market and the right rumor can make your month or year. Yes, probably won't liquidate unless forced to sell. We need another catalyst to start the selling. As of right now, Dubai wasn't sufficient, at least not yet. Something, seemingly out of nowhere, is going to come along and damage the liquidity pump and scare the bag holders and cause them to panic. This credit crisis has been papered over and is not over, not by a long shot. The treasurey will have problems rolling over debt and raising new debt next year - there will be alot of it. There will be hell to pay for this economy as the government tries to borrow its way out of this mess. Looking for signs that the bolts are coming off in the first quarter of 2010. Sometime next year, the sheet is gonna hit the fan. Link to comment Share on other sites More sharing options...
Bungster Posted December 11, 2009 Report Share Posted December 11, 2009 Exhaustion top or breakdown here?? Link to comment Share on other sites More sharing options...
psyche doctor Posted December 11, 2009 Report Share Posted December 11, 2009 For any of you wackos lurking out there, nat gas is nearing the 5.220-.230 zone. Below that and there is an area around 5.175-.190. If they can sustain it below that before the pit opens, it could cause some big selling. I still have some shorts, but will probably unload them near the first support layer. Dumped remaining NG shorts near the 5.220 support area and am flat, now. Will go at it again fresh 2morrow morning. Link to comment Share on other sites More sharing options...
DrStool Posted December 11, 2009 Report Share Posted December 11, 2009 Latest Story Market Content to Wait- Professional Edition December 10, 2009 By Lee Adler All’s right with the world. Click here to download complete report in pdf format (Professional Edition Subscribers). Try the Professional Edition risk free for thirty days. If, within that time, you don’t find the information useful, I will give you a full refund. It’s that simple. Click here for more information. Link to comment Share on other sites More sharing options...
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