PileDriver Posted January 9, 2003 Report Share Posted January 9, 2003 the opposite of Bull mrk behaviour... in bear markets the tops are slow to form, the declines are hardly noticed b/c they unwind slowly, the rally pops (corrections) come out of the blue, get everyone's attention, scare the bears, lure the bulls, then slowly fade away again. Do not be fooled, most do and this is what causes this endless pattern. Short stuff you can live with. Link to comment Share on other sites More sharing options...
phatbubble Posted January 9, 2003 Report Share Posted January 9, 2003 me too, glad, i'm....glad. any time we can help.... gladly, -dept. of redundancy dept. Link to comment Share on other sites More sharing options...
GregFokker Posted January 9, 2003 Report Share Posted January 9, 2003 Total is a net 6B drain for today. Open Market Operations Temporary Open Market Operations: 01/09/2003 Maturity Date: 02/06/03 Delivery Date: 01/09/03 The Desk has entered the market announcing: 28-Day RP Temporary Operations Statistics: Treasury Collateral Operation Agency Collateral Operation Mortgage-Backed Collateral Operation Weighted Average Rate 1.230 NA NA Stop Out Rate (Lowest Rate Accepted) 1.230 NA NA Highest Rate Submitted 1.240 1.260 1.270 Lowest Rate Submitted 1.170 1.230 1.250 Total Propostions Submitted (In $Bil.) 24.150 16.550 9.900 Total Propositions Accepted (In $Bil.) 3.000 0.000 0.000 Total Money Value of Operation (In $Bil.) 3 Temporary Open Market Operations: 01/09/2003 Maturity Date: 1/10/03 Delivery Date: 1/9/03 The Desk has entered the market announcing: O/N RP Temporary Operations Statistics: Treasury Collateral Operation Agency Collateral Operation Mortgage-Backed Collateral Operation Weighted Average Rate 1.284 NA NA Stop Out Rate (Lowest Rate Accepted) 1.280 NA NA Highest Rate Submitted 1.290 1.300 1.300 Lowest Rate Submitted 1.250 1.280 1.270 Total Propostions Submitted (In $Bil.) 26.000 9.300 1.550 Total Propositions Accepted (In $Bil.) 7.750 0.000 0.000 Total Money Value of Operation (In $Bil.) 7.75 Link to comment Share on other sites More sharing options...
slinger Posted January 9, 2003 Report Share Posted January 9, 2003 TA, leaps ratio, and fibos called for this rally. These psycho pump jobs are why I can't hold overnight, just don't have the stomach for it. I'd rather save my bullets to fade the move after the momo runs out. Link to comment Share on other sites More sharing options...
depends Posted January 9, 2003 Report Share Posted January 9, 2003 Shorting Sears here at 27.29 - up 2.21 on some options deadline. Shorting ROAD again. Also SBUX, SLE (everybody loves Sarah Lee), and FRE. Been waiting for this bounce. We'll see. Link to comment Share on other sites More sharing options...
PileDriver Posted January 9, 2003 Report Share Posted January 9, 2003 good idea Slinger, plentyo time to jump on board once price confirms. Front run and get killed. I'm making money on both legs (long and short). Just like a min/max thermometer. Each short term BS market move pushes the markers higher and higher. Link to comment Share on other sites More sharing options...
Guest Posted January 9, 2003 Report Share Posted January 9, 2003 CBOE Intra-day Put/Call 9:00 AM CST Equity 0.74 Index 1.01 Overall 0.79 Link to comment Share on other sites More sharing options...
soup Posted January 9, 2003 Report Share Posted January 9, 2003 THe mkt can and do whatever it so chooses, but I really do not think I have seen the boat this lopsided. The vix,tix,trin p/c dex ratios, the sell side indicator. Have we ever seen this much rampant bullishness? Link to comment Share on other sites More sharing options...
richmtn Posted January 9, 2003 Report Share Posted January 9, 2003 Long another 10 qqq mar 26 puts into this bs You don't say much but you seem to have a great batting average. Link to comment Share on other sites More sharing options...
GregFokker Posted January 9, 2003 Report Share Posted January 9, 2003 COMPX HOD above 200 dma. Link to comment Share on other sites More sharing options...
PileDriver Posted January 9, 2003 Report Share Posted January 9, 2003 this rally is going to continue (ST), no doubt about it. Be careful. (see p/c ratios) DO NOT underestimate it. Link to comment Share on other sites More sharing options...
DrStool Posted January 9, 2003 Report Share Posted January 9, 2003 The charts will be posted every half hour here. Last post was 10:10. Next at 10:30. Link to comment Share on other sites More sharing options...
Fartpolio Manager Posted January 9, 2003 Report Share Posted January 9, 2003 the opposite of Bull mrk behaviour... in bear markets the tops are slow to form, the declines are hardly noticed b/c they unwind slowly, the rally pops (corrections) come out of the blue, get everyone's attention, scare the bears, lure the bulls, then slowly fade away again. Do not be fooled, most do and this is what causes this endless pattern. Short stuff you can live with. Disagree, 12/2 wasn't slow to form, it was a blowoff on the open... not a cascading continuation of higher highs.. the thing blasted over 9000 on the Dow then headed for the corner of the ring like a wet chicken...(prolly a victim of Maria's orgasm). You wait for confirmation on a blowoff top, you'll lose a good percentage of the move on the way down... Of course it's tough when you already committed to a short too soon... but there's always the opportunity to raise it, if you are lucky enough to spot the blowoff... We're not close to it yet, JMO - FWIW... I'm out here. Link to comment Share on other sites More sharing options...
Bearman Posted January 9, 2003 Report Share Posted January 9, 2003 THe mkt can and do whatever it so chooses, but I really do not think I have seen the boat this lopsided. The vix,tix,trin p/c dex ratios, the sell side indicator. Have we ever seen this much rampant bullishness? Yes 1987 Link to comment Share on other sites More sharing options...
Guest hemroid2 Posted January 9, 2003 Report Share Posted January 9, 2003 got short on the spike --no follow through so had to scalp out with a point jokers might take it upto 930 Link to comment Share on other sites More sharing options...
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