MaxxPain Posted January 8, 2003 Report Share Posted January 8, 2003 I want to short Big Poo here, but I noticed the unusually strong volume yesterday. They ain't buying Big Poo for the tax free dividend so IBM must be going to beat the earnings by a penny. I'll put on my teflon undies and wait. Link to comment Share on other sites More sharing options...
Yoshaviah Posted January 8, 2003 Report Share Posted January 8, 2003 here are the 2 similar periods one atop da utter is another push above the 200 sma (at 26.55 today) likely? Link to comment Share on other sites More sharing options...
GregFokker Posted January 8, 2003 Report Share Posted January 8, 2003 The FEED is late with their announcement. Anyone in New Yawk wanna give them a local call to ask about today's open market ops? (212) 720-6130 Any word on open market operations for the day? Link to comment Share on other sites More sharing options...
DrStool Posted January 8, 2003 Report Share Posted January 8, 2003 Double bottom on the Q's 1 hour apart. 5hour ozzie having a bit of trouble turning up. Link to comment Share on other sites More sharing options...
phatbubble Posted January 8, 2003 Report Share Posted January 8, 2003 SPX drops. VIX rises. bid/ask on SPX mar puts drops. WTF? Link to comment Share on other sites More sharing options...
MrHanky Posted January 8, 2003 Report Share Posted January 8, 2003 cashed in my puts from yesterday for a 10% gain...waiting for a pop(we will probably go straight down now) Link to comment Share on other sites More sharing options...
Guest Posted January 8, 2003 Report Share Posted January 8, 2003 Greg, From Dow Jones: "The Federal Reserve is arranging overnight system repurchase agreements Wednesday, the Federal Reserve Bank of New York confirmed. . .The operation totaled $6.25 billion in size. " Link to comment Share on other sites More sharing options...
Guest Posted January 8, 2003 Report Share Posted January 8, 2003 CBOE Intra-day Put/Call Link to comment Share on other sites More sharing options...
PDoody Posted January 8, 2003 Report Share Posted January 8, 2003 Can't get a fill today on either ASSyt (ASYT) or Delta Air (DAL)puts. DAL is doomed because they are competing against U and UAL that do not have to pay back debt. It's easy to run a business when you don't have to pay your debts. DAL is too tempting. Also TYC, I think Rog posted yesterday. Covered nxtl short for lunch money. VGZ, Vista Gold, running wild (thanks Ord), resistance near 6? RSAS, RSA Security flagging today, appears bullish to me. fwiw, I've been follwing those recently. Link to comment Share on other sites More sharing options...
PileDriver Posted January 8, 2003 Report Share Posted January 8, 2003 Rydex movement. Since December 31st, traders have moved $230 million out of the S&P and NDX bearish funds (leveraged and non-leveraged) and put $226 million into the bullish funds. This is a 24% increase in bullish assets and a 16% drop in bearish assets (40% bullish swing - 24% rise in bullish funds + 16% drop in bearish funds = 40% total swing). This is one of the largest swings in the past two years. As has been said before - much of the bull cake is already baked - ST. Data second hand from Sentiment Trader. but it's still not high enough for me. I'm not shorting yet. Not at significant pivot point but this is a major top forming right now per many measures. Though limited in magnitude, upside is still highly probable from here. http://www.schaeffersresearch.com/streetoo...ker_symbol=INTC Link to comment Share on other sites More sharing options...
GregFokker Posted January 8, 2003 Report Share Posted January 8, 2003 Tanks. Here tis. Looks like they're calling in the cavalry. Temporary Open Market Operations: 01/08/2003 Maturity Date: 1/9/03 Delivery Date: 1/8/03 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 1.194 1.230 1.220 Stop Out Rate (Lowest Rate Accepted) 1.190 1.230 NA Highest Rate Submitted 1.200 1.230 1.220 Lowest Rate Submitted 1.150 1.190 1.190 Total Propostions Submitted (In $Bil.) 11.650 6.850 0.800 Total Propositions Accepted (In $Bil.) 6.150 0.100 0.000 Total Money Value of Operation (In $Bil.) 6.25 Link to comment Share on other sites More sharing options...
PileDriver Posted January 8, 2003 Report Share Posted January 8, 2003 wait, that chart is misleading. Doesn't reflect latest .38 reading. RYVNX might make sense now. Still I wouldn't be surprised by one more last gasp rally. Link to comment Share on other sites More sharing options...
GregFokker Posted January 8, 2003 Report Share Posted January 8, 2003 That huge feed is either going to jam stocks above yesterday's resistance, or support the USD which has just sold off to support on the 15 minute chart. One or the other, unless they use it to support bonds, but bonds are already getting bid. Link to comment Share on other sites More sharing options...
MrHanky Posted January 8, 2003 Report Share Posted January 8, 2003 I trhink we go down to 1385 on the nascrap here...I'm in cash now,i feel i should have held my tiny put position longer.but a profit is hard to come by these days Link to comment Share on other sites More sharing options...
PDoody Posted January 8, 2003 Report Share Posted January 8, 2003 Is that a bearish flag forming on sp 6 min.? Link to comment Share on other sites More sharing options...
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