Disqus - Latest Comments for Gio

Re: Oh No! Nationwide Outage

Gio — Tue, 03 Nov 2009 19:44:25 -0000

Why Not give Sprint a shot. Unlimited calls to Any Cellphone in the entire US for $70 a month. Plus GPS, WEB, TXT. I Love it! Now I just have to wait for the 4g to get to my area! :-D

Re: Telus to Launch Motorola Droid in Canada?

Gio — Tue, 10 Nov 2009 01:34:20 -0000

The problem is with HSPA outside of Winnipeg. It's non existent:

http://www.howardforums.com/showthread.php?t=15...

Telus has a huge black hole in the center of Canada when it comes to this... : /

Re: Telus to Launch Motorola Droid in Canada?

Gio — Sun, 08 Nov 2009 11:29:43 -0000

That stinks if true. Why all of a sudden is Rogers the service not getting all the good google phones? They started the thing off in Canada for the longest time. Now the best phones (Hero / Droid) for Android would all be coming to Telus? I certainly hope not. : / I wouldn't mind as much if Telus didn't stink in Manitoba where I live, but it's a black hole here outside of Winnipeg. Guess I might jsut have to get the LG Eve with Rogers then. : /

Re: Telus to Launch Motorola Droid in Canada?

Gio — Sun, 08 Nov 2009 11:22:30 -0000

Re: Buluhmas – Agensi Pengiklanan Bergerak.

Gio — Sun, 27 Jul 2008 18:54:26 -0000

buluhmas ni apa sebenarnya ni.

Re: Video of Arrington-Shukla fight highlights controversy of special offers

Gio — Sun, 01 Nov 2009 14:11:19 -0000

Here's an idea - how about you tell us *why* he's wrong - I'd buy that much more than a brush off of his stance (which seems valid to me) with a personal attack. Troll.

Re: Google Maps Navigation For Android 2.0

Gio — Wed, 28 Oct 2009 17:05:25 -0000

Exactly for competition and pushing boundaries. There are too many phones IMO that are too "Google" like. If I can get all the Google features the exact same way on any other phone, why get a Google phone then? I realize the apps and openness are great, but to this point, there is very little IMO that Android is offering besides widgets. Widgets are just amazing, but I want to have the best google experience with the google OS. It's the same reason why Apple doesn't give iLife to PC users and so on. You should keep some of your advantages to give your product more of an edge. Competitors then will have to push even harder and innovate more to compete with other advantages.

Re: Google Maps Navigation For Android 2.0

Gio — Wed, 28 Oct 2009 12:52:35 -0000

Sounds awesome to me. :) Now Google needs to make sure they keep these features just for Android users. Google really should start considering cutting down support for other phones / OS's. It gets annoying when you have a google phone, and the iphone can do the same stuff, using the same google features.

Re: Whatever Happened to Kevin Sorbo?

Gio — Wed, 23 Apr 2008 12:39:35 -0000

That game is a ton of fun.

Re: Straight Cash Homey Dot Net

Gio — Thu, 06 Mar 2008 11:13:54 -0000

wow i thought i owned some terrible jerseys but this one is hilarious

Re: The Harvard Crimson :: Opinion :: Diamond in the Rush

Gio — Thu, 09 Apr 2009 18:13:19 -0000

Great title

Re: Commodities Bottom = Market bottom

Gio — Fri, 18 Jan 2008 18:28:30 -0000

Sold DRYS today. Man did we nail the bottom! Got it for a quick +15% 2 day gain.

Hey Z, did you notice the strength in DRYS, AAPL, IBM, FSLR and the short covering on MON, DECK, TNH? The selling has paused. A lot of rookie bears are shorting right now, which means we probably have hit a temporary bottom.

Re: I'm buying on the Dips--starting with AAPL

Gio — Wed, 23 Jan 2008 04:19:23 -0000

Hey Z... (is Paris Hilton you too?) ... I too think we're entering into stage two of "the BoUnCe". I think AAPL outlook is the bear's last bullet for now. If there is nothing left to bring this market down, then Fed intervention will have people short covering. If AAPL brings down the market, then whatever, I'm shopping.

I'm buying.... FXI, JASO, AAPL, MA, UA, JRJC, IWM calls.

On a pop I'm shorting... DECK, LULU (heading to single digits), ISRG, DRYS, TNH (testing a critical support),

Re: I'm buying on the Dips--starting with AAPL

Gio — Thu, 24 Jan 2008 03:25:46 -0000

Hey Z... how high does the bounce go? Pro bears are not shorting now.

Re: I'm buying on the Dips--starting with AAPL

Gio — Thu, 24 Jan 2008 04:52:59 -0000

u certainly did nail that. I confirmed it over on my side when VIX double topped today, and the previous day had proof of short covering in leaders.

11,600 on Monday was even more impressive!
You took the night off? Shame on you! ... I'm thinking of taking the next two months off.

Re: Buy puts options on CTX and XHB, KBH,RYL,etc

Gio — Mon, 28 Jan 2008 17:07:34 -0000

Yup.. I'll be buying the call options in ISRG either tomorrow, or late Wednesday. I call it a "timed - biased - stranggle".

Please tell me you bought VMW puts too!!

-gio

Re: GG 3 day chart , HAL

Gio — Tue, 09 Sep 2008 03:24:59 -0000

M & F Worldwide Corp. (MFW: 48.06 +4.46%) added to the list.

- (CRMT: 22.45 +5.55%) added to the list.

Re: GG 3 day chart , HAL

Gio — Tue, 09 Sep 2008 03:26:47 -0000

Careful with SKF, heading under 100

Re: GG 3 day chart , HAL

Gio — Tue, 09 Sep 2008 03:28:51 -0000

Note the BKX “bonked” $75 — it’s line of death and it’s 38.2% fib retrace.
I doubled my QID today

Re: GG 3 day chart , HAL

Gio — Tue, 09 Sep 2008 03:30:24 -0000

I do think AUY and GG is a good buy right here, but make sure its about 1/4 position.

Re: GG 3 day chart , HAL

Gio — Tue, 09 Sep 2008 03:40:15 -0000

nothing, not one dang stock trading idea at the whold dang blog site, 30,000 readers supposedly, and not a one can figure out one effing trade or have one effing original idea. I guess I'm in the same boat, too.

Re: GG 3 day chart , HAL

Gio — Tue, 09 Sep 2008 03:51:24 -0000

Yes, I shorted the heck out of GOOG

Re: GG 3 day chart , HAL

Gio — Tue, 09 Sep 2008 03:51:55 -0000

Poss set ups: Long: FXE Short: WB, TG,
Comment: DX overbot, heading south. INDU, SML, SPX, heading into stiff resistance. Liked AUY close. Beans, Corn at stiff support; Lumber soft. Line in sand for Nat gas. VIX family two days down with wide range.

Re: QQQQ, $37? BUCY Coal equipment.

Gio — Tue, 09 Sep 2008 18:03:34 -0000

If Oil catches a bid, I expect that the Oil/Dollar relationship will continue. Currently, UUP has a quite a bearish divergence on the MACD, although volume has been outstanding. Today’s candle hints at a reversal. RSI(2) is very overbought. A trip back to $24 would not hurt anybody, and would probably be healthy.

Re: QQQQ, $37? BUCY Coal equipment.

Gio — Tue, 09 Sep 2008 18:05:11 -0000

So Bush is beanie in disguise. I knew it!!!

Re: QQQQ, $37? BUCY Coal equipment.

Gio — Tue, 09 Sep 2008 18:07:53 -0000

VMC, anticipate a move out of this rising channel to the downside and it could get ugly...illiquid options, but none the less, could make some coin if it fails here.

Re: QQQQ, $37? BUCY Coal equipment.

Gio — Tue, 09 Sep 2008 18:12:11 -0000

Not that anyone cares about data but consumer credit for July dropped more than 50%, to 4.6Bn from $11Bn

Re: QQQQ, $37? BUCY Coal equipment.

Gio — Tue, 09 Sep 2008 18:16:01 -0000

FRE may also be oversold down at .90. Not to say they are unfairly valued but, with government backing

Re: QQQQ, $37? BUCY Coal equipment.

Gio — Tue, 09 Sep 2008 18:21:07 -0000

You could argue the market was at least stabilizing. But with the financials still in the middle of the giant write-down (see Lehman and WAMU today), I'm just not comfortable making that call. There is still way too much possible turmoil out there

Re: QQQQ, $37? BUCY Coal equipment.

Gio — Tue, 09 Sep 2008 18:24:23 -0000

I've been in IPI puts which are currently better than a triple for me. I'm thinking about closing out the position. It's hit my target but greed wants me to wait for more fresh lows. Any advice?

Re: QQQQ, $37? BUCY Coal equipment.

Gio — Tue, 09 Sep 2008 18:26:12 -0000

MHO, I don't see anything technically bullish about this stock.

Re: QQQQ, $37? BUCY Coal equipment.

Gio — Tue, 09 Sep 2008 18:55:41 -0000

What you need to be looking at is the gold:XAU ratio. That is a parabolic rise like we've seen only a few times. What happens to parabolic moves?

Re: MTH IWM

Gio — Wed, 10 Sep 2008 18:13:14 -0000

I know that the fundamentals haven't changed for commodities in the long run. So if I have the discipline to hold on that core position is going to make a lot of money.

Re: MTH IWM

Gio — Wed, 10 Sep 2008 18:26:35 -0000

Here's an unusal market timing tool.
http://www.amanita.at/e/faq/e-bradley-com.htm

Re: MTH IWM

Gio — Thu, 11 Sep 2008 03:53:10 -0000

Since peaking at a cost of $4.77 per person per day
($1700 per year) on July 3rd, the average cost of higher commodity prices in 2008 has decreased to just an extra 36 cents per day per person, or just
$131 per year.

Re: MTH IWM

Gio — Thu, 11 Sep 2008 03:54:49 -0000

Today's release of the weekly oil inventories showed a larger than expected draw in crude stockpiles (-5,428K barrells vs. -3,500K estimate). Two months ago this type of news would have caused a sharp spike higher in crude oil prices.

Re: MTH IWM

Gio — Thu, 11 Sep 2008 05:15:15 -0000

Current odds suggest a slightly less-than 1-in-4 chance that Merrill shares can break below the $20 level by September expiration
September options, meanwhile, suggest that 16% of Merrill’s share price could be in play over the next 10 days.

Re: RYL,KBH,WFR,FCX,GDX

Gio — Fri, 12 Sep 2008 02:44:48 -0000

I have LULU bouncing another 2 bux. it might do an OSTK if shorts are weak enough.

Re: RYL,KBH,WFR,FCX,GDX

Gio — Fri, 12 Sep 2008 03:09:58 -0000

SPY currently is in a down channel on the 20day 15min chart. This is what I'm seeing:

http://screencast.com/t/hrCS2iEBAIC

Re: RYL,KBH,WFR,FCX,GDX

Gio — Fri, 12 Sep 2008 03:12:16 -0000

(AIG.N: Quote, Profile, Research, Stock Buzz), the world's largest insurer, holds between $550 million and $600 million in Fannie Mae and Freddie Mac preferred shares, according to a source familiar with the investment.

Re: RYL,KBH,WFR,FCX,GDX

Gio — Fri, 12 Sep 2008 03:24:00 -0000

Also ... fwiw ... this the SPX chart I am watching again ...

http://stockcharts.com/h-sc/ui?s=$SPX&p=D&b=5&g...

Re: XLB,FTO , GDX I called the bottom exactly. I'm about 80% right on GDX, for some reason.

Gio — Fri, 12 Sep 2008 16:38:15 -0000

Out of SKF @ 115. Not going to hold through the weekend. Will buy again if it dips to 105ish on Monday...

Re: XLB,FTO , GDX I called the bottom exactly. I'm about 80% right on GDX, for some reason.

Gio — Fri, 12 Sep 2008 16:39:20 -0000

PLCE close to breaking

Re: XLB,FTO , GDX I called the bottom exactly. I'm about 80% right on GDX, for some reason.

Gio — Fri, 12 Sep 2008 16:40:28 -0000

SFD looks like a potential symetrical traingle in the making. Starting around May 29th high of 32.18.

Re: XLB,FTO , GDX I called the bottom exactly. I'm about 80% right on GDX, for some reason.

Gio — Fri, 12 Sep 2008 16:42:18 -0000

Check out SHLD and BBY. I'm short BBY.

Re: XLB,FTO , GDX I called the bottom exactly. I'm about 80% right on GDX, for some reason.

Gio — Fri, 12 Sep 2008 16:44:31 -0000

I 'am now also short KSS SHLD BBY UNP BNI POT CLF FSLR eod

Re: XLB,FTO , GDX I called the bottom exactly. I'm about 80% right on GDX, for some reason.

Gio — Fri, 12 Sep 2008 16:45:28 -0000

I need everyone's opinion on this . If you guys were in my shoes , what would you do ? I 've been able acompplish a +500 % gain on a 54K acct. Would you guys stop trading for this year?

Re: XLB,FTO , GDX I called the bottom exactly. I'm about 80% right on GDX, for some reason.

Gio — Fri, 12 Sep 2008 17:20:39 -0000

The Materials Sector (XLB) may bounce and meet resistance at around $39.
Consumer Staples (XLP) is the best performing sector yet. In recessionary times, the staples will outperform the general market. The continuation gap suggests that the staples have much more room to the upside.

Re: USO,SNP,APC,FXP,FSLR,DRYS,VNO

Gio — Mon, 15 Sep 2008 23:30:49 -0000

Currently the market has touched the 50% retracement level for the rally that started at the beginning of 2003. From a technical perspective this would be a level where things should happen.

Re: USO,SNP,APC,FXP,FSLR,DRYS,VNO

Gio — Mon, 15 Sep 2008 23:43:58 -0000

Stocks With Unusual Call Option Activity:

1) OSIP 2) SOHU 3) SNV 4) INFY 5) AIG

Re: USO,SNP,APC,FXP,FSLR,DRYS,VNO

Gio — Mon, 15 Sep 2008 23:46:15 -0000

Not in the mood to short right now .....
Stay out, stay in cash ..... and let's soon go shopping for quality stocks after the sell off.

Re: USO,SNP,APC,FXP,FSLR,DRYS,VNO

Gio — Mon, 15 Sep 2008 23:56:27 -0000

Rice price action seems to suggest that we might face another price rise.

Re: USO,SNP,APC,FXP,FSLR,DRYS,VNO

Gio — Tue, 16 Sep 2008 00:19:42 -0000

I see a small resistance cluster around 1180, but have more evidence of a bounce towards 1170-1165.
Those target ranges hardly suggest the bottom to wave (iii)

Re: USO,SNP,APC,FXP,FSLR,DRYS,VNO

Gio — Tue, 16 Sep 2008 00:43:49 -0000

The bigger picture (not shown here) still indicates a decline to roughly 1100 by the first half of October.

Re: USO,SNP,APC,FXP,FSLR,DRYS,VNO

Gio — Tue, 16 Sep 2008 01:09:37 -0000

LEH XMAS party 1928 Video
http://www.youtube.com/watch?v=3KbUommuhmU

Re: HPQ short sell,

Gio — Wed, 17 Sep 2008 01:59:40 -0000

IMHO, each rally (caused by Treasury/Fed action) will become shorter. Just look at the history.

Besides, we have WM, Wachovia lined up now. Based on reports, WM has serious issues with its assets/loan portfolio.

Having said that, we could have an intermediate bottom, but this doesn't feel like it. I am still thinking about buying more puts tomorrow.

Re: HPQ short sell,

Gio — Wed, 17 Sep 2008 02:01:37 -0000

Remember what happened last time the SEC banned short selling. I am seriously considering loading up on financial calls.

Re: HPQ short sell,

Gio — Wed, 17 Sep 2008 04:22:53 -0000

SPY going to 135
http://www.traderbean.blogspot.com/

Re: HPQ short sell,

Gio — Wed, 17 Sep 2008 04:59:23 -0000

Try a re-look at your charts on weeklies. Not so much the gold, but the silver looks like it bottomed

Re: HPQ short sell,

Gio — Wed, 17 Sep 2008 05:00:25 -0000

Silver touched its 5 year low today. That will soon trigger a buy signal on the CCI. http://screencast.com/t/jTPzmr9ZDoi
What is your opinion?

Re: HPQ short sell,

Gio — Wed, 17 Sep 2008 05:03:27 -0000

It's time to get long for another bear market rally in my opinion. Actually it's "normal" for the market to rise into a presidential election.

Re: HPQ short sell,

Gio — Wed, 17 Sep 2008 05:09:34 -0000

Hercules Technology Growth Capital (HTGC)
This company has a dividend just under 14% currently and management recently stated they are planning on raising it in the near term

http://tradinggoddess.blogspot.com/

Re: HPQ short sell,

Gio — Wed, 17 Sep 2008 05:11:15 -0000

Now if oil is going to take a beeline to $80 which I think is probable then I don't want to touch RIG until it gets oversold on the ride down.

Re: HPQ short sell,

Gio — Wed, 17 Sep 2008 05:14:11 -0000

VIX shows you where we are and how scared people are. Up +23.5% today? People are scared!

Re: HPQ short sell,

Gio — Wed, 17 Sep 2008 05:17:34 -0000

Nicole Kidman stock, going down faster than the DOW?

http://2.bp.blogspot.com/_T9VXVyuEITg/SNClWK3Dt...

Re: HPQ short sell,

Gio — Wed, 17 Sep 2008 05:59:32 -0000

so what benefit can we get from simply having a Facebook presence? It’s rather difficult to truly assess that. You can set up a Facebook fan page or even a fictitious profile page (similar to the Duke Ellington Jazz Festival profile) or even a Facebook group, but the main return on investment that you could possibly get is brand promotion. You’re having people become your “fans” and in return you’re possibly creating brand advocates and even evangelists. These are probably the most powerful tool at your disposal as they will help attract more people to your cause.

Re: HPQ short sell,

Gio — Wed, 17 Sep 2008 06:10:33 -0000

I’m not sure what the hell is going on. It seems that I’ve only been here over a week and things are slowly getting worse. I don’t have a job and I seem to be seriously wearing out my welcome with my friend. I’m not trying to impose…but things just don’t seem to be going my way these days.

http://www.cornerofwhatever.com/

Re: EWZ, SOHU,SU,MA

Gio — Wed, 17 Sep 2008 15:32:57 -0000

Sold POT earlier today for slight gain
Sold AUY and SLW today for solid gains. Thanks for pushing me over the edge to add to golds yesterday.
Do not have a signal for a stop and reverse on the golds. Greed suggests they might edge higher tomorrow.

Remaining positions: 1/2 long TTM, Short positions in ARO, AZO, CEPH, CLX, DLR, GEF, LLL

Re: EWZ, SOHU,SU,MA

Gio — Wed, 17 Sep 2008 15:34:17 -0000

Hey moo: What is specific for GGP and not the other Mall REITS like SPG, MAC, etc.? GGP has high debt. Thanks for your posts.

Re: EWZ, SOHU,SU,MA

Gio — Wed, 17 Sep 2008 15:35:14 -0000

TBT is the UltraShort (2x) for Lehman 20+ Yr Treas TLT

PST is the UltraShort for 7-10 Yr IEF

Just FYI. I'm not shorting them.

DGP is the UltraLong Gold.

Re: EWZ, SOHU,SU,MA

Gio — Wed, 17 Sep 2008 15:39:53 -0000

JPM has the largest book in the world. One of the reasons why they had pick up BSC.

Re: EWZ, SOHU,SU,MA

Gio — Wed, 17 Sep 2008 15:41:20 -0000

When a setup as bullish as yesterday's fails, the implications are even bigger to the downside. We've taken out yesterday's lows, so the odds we have a failure on our hands is pretty high. The only thing that would negate the failure (failure of a failure?) is a rally back to a closing gain for the day. Otherwise, look out below.

Re: EWZ, SOHU,SU,MA

Gio — Wed, 17 Sep 2008 15:43:56 -0000

Heaven forbid we get 2 500 point down days in a week....

I mean...Russia only lost 20% one day and 10% the next....Who says this "CAN'T" happen?

Re: EWZ, SOHU,SU,MA

Gio — Wed, 17 Sep 2008 16:11:20 -0000

Today's spike to 35 would mark the highest closing price since late 2002. People have been waiting for this spike to signal a short-term bottom, but while this is the highest level of the current bear market, it got well into the 40s back in '98 and the early 2000s.

Re: EWZ, SOHU,SU,MA

Gio — Wed, 17 Sep 2008 16:19:01 -0000

GOLD up almost 8% and XAU just 5%. $GOLD:$XAU ratio will be even better tomorrow. Amazing.

Re: EWZ, SOHU,SU,MA

Gio — Wed, 17 Sep 2008 16:24:04 -0000

Stocks With Unusual Call Option Activity:
1) BUD 2) HANS 3) JDSU 4) NT 5) M
Stocks Falling on Unusual Volume:
ROS, UBS, IRE, AIB, VIP, C, PTR, SNP, CLF, AWC, SYUT, CEDC, IBKR, NTRS, YRCW, ROS, MS, GS, CEG, RNE, ETE, BCE, TEI, WF, EEP, GHI and DRS

Re: EWZ, SOHU,SU,MA

Gio — Wed, 17 Sep 2008 18:04:39 -0000

What happened to my rally! Silly SPY went down!
it better go up tomorrow, or else ?!

Re: EWZ, SOHU,SU,MA

Gio — Wed, 17 Sep 2008 18:33:45 -0000

Karl Marx predicted this would happen to the most overzealous capitalists, where greed and lack of proper oversight can lead to anarchy and extreme socialism.

Re: EWZ, SOHU,SU,MA

Gio — Wed, 17 Sep 2008 18:36:09 -0000

Do these people ever stop suckering the retail investor into stocks? I mean, all these a**holes do is highlight the silver lining, which would be fine if it was a *ucking baseball or soccer game. But, this is real life, a**holes.

The fact of the matter is, things are NOT okay. It is irresponsible for these idiots to incessantly tout stocks, while the market does nothing but go lower.

Re: EWZ, SOHU,SU,MA

Gio — Wed, 17 Sep 2008 18:38:21 -0000

BIG MIKE BUYS Morgan Stanley…We will finish in the green today…Giddy-Up…

Evil Short Sellers…

FYI: VIX spiked pretty high today and is coming down; in all seriousness, did today feel like capitulation day?

Re: EWZ, SOHU,SU,MA

Gio — Wed, 17 Sep 2008 18:40:30 -0000

I am currently out of the office traveling. I will try to return your message as soon as I possiblly can.

Thank you,
Jennifer Horton

Re: EWZ, SOHU,SU,MA

Gio — Wed, 17 Sep 2008 19:06:20 -0000

Make sure you grab a few longs down here.

I picked up National-Oilwell Varco, Inc. (NOV: 51.59 -5.11%) @ 53.30, also added to my position in FCX off of Fly rec, and grabbed Google Inc. (GOOG: 414.49 -6.42%) @ 418.

Note: I’m still long (SRS: 91.60 +9.50%) , and short Legg Mason, Inc. (LM: 35.49 -9.92%)

Update: Out of GOOG @ 421

Re: GPI

Gio — Thu, 18 Sep 2008 15:06:33 -0000

It's amazing that short sellers get the blame. It has nothing to do with the 30 or 40:1 leverage crooks employ on their balance sheets. The littlest burp caused mkts to evaporate, and we're technically not even in a recession?

Here we go, Pualso gonna shovel the sh@t under the carpet, in a "bad bank" sort of way...if we can't see it, it must not be there!

Re: GPI

Gio — Thu, 18 Sep 2008 15:07:15 -0000

Looking for explosive breakout on RGLD to the upside (of course)....

Re: GPI

Gio — Thu, 18 Sep 2008 15:07:47 -0000

Bot 1/2 positions in WB, RF, IBN,

Re: GPI

Gio — Thu, 18 Sep 2008 15:14:31 -0000

I have been watching the VIX ... I suspect that we will have a "big capitulation event" next week ... here is my capitulation chart again ...

http://stockcharts.com/h-sc/ui?s=$CPC&p=D&yr=2&...

love this market ... day trading the chop ... up 4% already ... just had an espresso so I can stay wired and watching my screen ...

fwiw ... GS is getting hammered ... 106.40 is heavy resistance ...

Re: GPI

Gio — Thu, 18 Sep 2008 15:15:42 -0000

S&P low was 1133.50. 2sweeties had 87% odds of a reversal at 1134.81.

Not too shabby, I'd say.

Might I also add, there is a 63% chance that it tops at 1187.86. High so far is 1184.22.

Re: GPI

Gio — Thu, 18 Sep 2008 15:28:43 -0000

WFR looks like Phat Bastard's brother. I like it at $24 though

Re: GPI

Gio — Thu, 18 Sep 2008 15:29:30 -0000

In and out of GOLD for $2

Re: GPI

Gio — Thu, 18 Sep 2008 15:30:33 -0000

. I'm just debating if I should grab these october puts for gs...

I overhead two suits who work for them on the subway... Fear and pessimism are the words that come to mind. Along with, "how am I going to get my third kid through college."

Re: GPI

Gio — Thu, 18 Sep 2008 15:32:09 -0000

got stt at 45.8 average
adding more under 40

Re: GPI

Gio — Thu, 18 Sep 2008 15:45:07 -0000

Out of EXM and TOL.

Re: GPI

Gio — Thu, 18 Sep 2008 15:48:54 -0000

Yep, That GNW was at 17.70 4 days ago . Now 5.20
http://disqus.com/people/krazykev/

Re: GPI

Gio — Thu, 18 Sep 2008 15:51:19 -0000

AZO short covered at 200 day on limit order

Thanks for pointing this one out some time ago

http://disqus.com/people/EldarBob/

Re: GPI

Gio — Thu, 18 Sep 2008 15:52:27 -0000

GGP is a Mall REIT. They all suck SPG KIM MAC DDR etc. but GGP has highest debt and debt ratios. The Office REITs also suck: VNO BXP SLG etc. You can play with the SRS.

http://disqus.com/people/Barney/

Re: GPI

Gio — Thu, 18 Sep 2008 15:54:36 -0000

One of the last things I'd short right now is anything energy related.

Re: GPI

Gio — Thu, 18 Sep 2008 17:28:28 -0000

I’m saying now is the time to take the Audemars Piguet off your wrist and park the Bentley in the garage (disconnect the battery).

The Rothmeister was literally talking about blood in the streets and I haven’t seen it (yet). Banking crises are ugly, scary things.

Re: GPI

Gio — Thu, 18 Sep 2008 17:33:06 -0000

I would agree that the issues impacting financial firms seem unprecedented. On the other though, it wasn't too long ago that we experienced the technology bubble. During the deflating of the tech bubble, the Dow retraced nearly 40% of its value from 2000 to 2002

Re: GPI

Gio — Thu, 18 Sep 2008 17:41:16 -0000

Interesting about my local bank

FCF is a good little money center with no sub-prime exposure. It's sitting not far from the 52 week high & pays a 6% dividend. It's paid to buy every dip on this one.

Re: GPI

Gio — Thu, 18 Sep 2008 17:53:26 -0000

Something I'm watching...truckers.

ABFS, WERN, ODFL, and KNX.

http://disqus.com/people/IamLegend06/

Re: GPI

Gio — Fri, 19 Sep 2008 03:08:00 -0000

In no way am I telling you to buy now… but always keep an eye for the next bull market. Always remember the trend is still down. That trend will turn when leadership rises from the tape.

Re: TOL,JWN,FDX,HOC,JCI,COF

Gio — Sat, 20 Sep 2008 19:14:57 -0000

The first half hour could be wild as options contracts that were not settled Friday will settle at Mon. opening prices.Follow your gut and risk/reward tolerance.
Short: DIA, R, AUY et al, COF, AZO, DV, NSC,

Re: TOL,JWN,FDX,HOC,JCI,COF

Gio — Sat, 20 Sep 2008 20:17:16 -0000

anybody looking to short gold stocks?

Re: TOL,JWN,FDX,HOC,JCI,COF

Gio — Sat, 20 Sep 2008 20:19:51 -0000

The underlying fundamentals have not changed. Banks will continue to fail, consumers will continue not spending, jobs will continue to be lost, etc, etc. With credit drying up and real estate falling, there really is no bottom for us to land on.

Re: TOL,JWN,FDX,HOC,JCI,COF

Gio — Sat, 20 Sep 2008 20:30:55 -0000

ILMN looks really attractive as short on a daily basis using the 30/50 dma. Yet, the weekly 30/50 dma shows a huge wide range bar that touched the 50 and found support.

The way it has slammed down and up against fibs is impressive, but I do not see a trade signal there. imho, I's want this one to come to papa a little more. A short above 87.43 would be appealing.

Re: TOL,JWN,FDX,HOC,JCI,COF

Gio — Sat, 20 Sep 2008 20:33:22 -0000

the market will not make a genuine turn to the bullish side until unemployment peaks, and we are quite a ways off from that date, i'd say another 9-12 months or so. then the bulls can have the ball back. until then, we play the hands we're dealt and we limit our complaining.

Re: TOL,JWN,FDX,HOC,JCI,COF

Gio — Sat, 20 Sep 2008 20:51:54 -0000

its so funny albeit sad
http://www.youtube.com/user/stocktock
is one of the 6-7 technical analysis video/sites i visit after the market each day

this guy didnt post a video today....
looks like he was blown out with his short futurespositions

Re: TOL,JWN,FDX,HOC,JCI,COF

Gio — Sat, 20 Sep 2008 21:02:09 -0000

A look at the bond markets shows that TIPS are holding steady in the face of a wild sell-off in vanilla Treasuries. Gold seems to be steady with a bottom at $850. That's telling you something right there - that our ride on the D train™ is over for a while. Reflation is here. Tip of the hat to Karen and others. Santelli has been right on the mark BTW, smartest guy on TV.

Re: TOL,JWN,FDX,HOC,JCI,COF

Gio — Sat, 20 Sep 2008 21:16:06 -0000

Just for the hell of it, I bought some September SPY puts at the close today.

My bet is that I get a chance to unload them Monday morning.

Re: TOL,JWN,FDX,HOC,JCI,COF

Gio — Sat, 20 Sep 2008 21:33:00 -0000

Enough with financials though. We are beating a dead cat. The next short is on industrials like whirlpool and consumer electronics. I wonder if we are going to see bail out on industrials. Perhaps this is a good time to load up on GE bonds.

Re: TOL,JWN,FDX,HOC,JCI,COF

Gio — Sat, 20 Sep 2008 23:10:48 -0000

I Bought UltraShort QQQ ProShares (ETF) at e.o.d.
QLD

Re: TOL,JWN,FDX,HOC,JCI,COF

Gio — Sun, 21 Sep 2008 01:35:09 -0000

The estimated growth rate for Q3 2008 stands at -1.6%.
On July 1st, the estimated growth rate was 12.6%. If the final growth rate for Q3 2008 is -1.6%, it will mark the first time the S&P 500 has recorded five consecutive quarters of negative earnings growth since Q1 2001 - Q2 2002.

Re: TOL,JWN,FDX,HOC,JCI,COF

Gio — Sun, 21 Sep 2008 02:41:05 -0000

This will be my last post and my last visit to your blog. I do not agree with your political rantings and totally disagree with the venom you are spewing forth. No need to respond to this or take points away - I am retiring the avatar tonight and going quietly to think about what a great country we live in and how excited I am to be able to cast my vote for the Republican Party Candidate and the next President of this great nation!!! History will judge President George W. Bush for being what he is - one of the greatest Presidents to have ever held the office and how he lead this nation through a time of great danger and turmoil.

Farewell Forever

Re: TOL,JWN,FDX,HOC,JCI,COF

Gio — Sun, 21 Sep 2008 02:43:37 -0000

I totally agree with you! Here is the points about GWB that make me conclude he's the best president to ever live:

1) Our laws have been broken
2) Our freedoms eroded
3) Our political standing in the world mocked
4) Oil has gone from <$20 to $100 a barrel
5) Real inflation is out of control
6) Our houses are plummeting in value
7) Our markets are run by even more corrupt people irregardless of laws like SO.
8) Our social security system is in even worse shape because of increased benefits like the medicare drug program
9) Our use of electronic voting means our system can be rigged
10) We still don't have control over our own social security funds, but instead fund a pyramid scheme
11) We all live paycheck to paycheck and don't save a penny (sorry that is a lie... we save 0.5%, but then again that is a gov't statistic so it's probably another lie)
12) We lent money to the irresponsible and are mortgaging our children's future to bailout companies for the benefit of the corrupt.

Re: TOL,JWN,FDX,HOC,JCI,COF

Gio — Sun, 21 Sep 2008 02:46:34 -0000

Live from New York, it's Saturday Night............hahahaha!

Re: TOL,JWN,FDX,HOC,JCI,COF

Gio — Sun, 21 Sep 2008 04:26:29 -0000

1) Short Treasuries
2) Buy gold/silver on dips
3) Short the US markets on rips

That’s how I’m playing it.

Re: TOL,JWN,FDX,HOC,JCI,COF

Gio — Mon, 22 Sep 2008 03:01:35 -0000

I can't wait for the mkt to open so I can buy more puts

Re: TOL,JWN,FDX,HOC,JCI,COF

Gio — Mon, 22 Sep 2008 04:19:29 -0000

COF, love that play. The gov should be thanked for this opp . I should write them a letter.

The consumer weakness is about to hit them like a Zidane head butt.

Re: TOL,JWN,FDX,HOC,JCI,COF

Gio — Mon, 22 Sep 2008 04:21:44 -0000

maybe the next bear raid will happen on aaple and rimm
get those stocks down to 15 fwd p/es

Re: TOL,JWN,FDX,HOC,JCI,COF

Gio — Mon, 22 Sep 2008 04:28:30 -0000

Short: DIA, R, AUY et al, COF, AZO, DV, NSC,

Re: Vote for Common Sense in NOV.

Gio — Mon, 22 Sep 2008 16:27:04 -0000

It's1.8 Trillion Bailout, not 700 billion.
The bottom line is some of these assets (CDOs, CLOs, CMOSs etc...) are crap. The market should value them as crap. Simple.

Re: Vote for Common Sense in NOV.

Gio — Mon, 22 Sep 2008 16:33:53 -0000

I'm with you. The Dukes have pretty much sealed the deal on $3,000 gold and $100 silver. May not go straight there, but they will go. It's sad really. I just hope they don't devise ways to stop prudent citizens from defending themselves.

Re: Vote for Common Sense in NOV.

Gio — Mon, 22 Sep 2008 16:36:31 -0000

"The end result of all this meddling will be much higher taxes and most likely a hyperinflationary depression....Combine ever rising interest rates with housing prices that are not allowed to correct and you get the ingredients for more foreclosures and ever larger inventory."

Re: Vote for Common Sense in NOV.

Gio — Mon, 22 Sep 2008 17:09:42 -0000

On CNBC they keep talking about "What if this does not work" It's only a matter on time before we test these lows again.

Re: Vote for Common Sense in NOV.

Gio — Mon, 22 Sep 2008 17:10:47 -0000

Retail droppin like a rock.

XRT, JWN, TGT, BBY, UA, DKS, JCP, M, SHLD, just throw a dart.

Re: Vote for Common Sense in NOV.

Gio — Mon, 22 Sep 2008 17:12:08 -0000

Hey MOO , you are totally right on GGP . They got $16 billions of debt to roll over in OCT. but only have less 10 million cash in acct.

Re: Vote for Common Sense in NOV.

Gio — Mon, 22 Sep 2008 17:13:03 -0000

The airlines are looking pretty weak to me. Take a look at LCC and AMR. They have retraced nicely from their prior low's and seem to be setup well for a resumption of the fall.

Re: Vote for Common Sense in NOV.

Gio — Mon, 22 Sep 2008 17:14:17 -0000

Sold TTM and Covered CF, continue to avoid political risk.

Re: Vote for Common Sense in NOV.

Gio — Mon, 22 Sep 2008 17:20:31 -0000

I'm on the long term short of USO but I'm waiting for mid 90's to enter.
Hard to trade against the Commodity King Gartman. I'm speaking from experience.

Re: Vote for Common Sense in NOV.

Gio — Mon, 22 Sep 2008 17:21:49 -0000

Yes. I am mostly in Jan 2009 and 2010 puts. And I am still planning to add more. Actually I see they are also selling 2011 puts now, so I might convert to those.

Hmm, I was very profitable last few months fading Gartman. Lets hope it will be the same this time.

Re: Vote for Common Sense in NOV.

Gio — Mon, 22 Sep 2008 17:33:40 -0000

hating options now. losing lots on puts despite the underlying falling..and getting hammered on another put as the underlying rises...dunno how to win in this kind of manipulated market

Re: Vote for Common Sense in NOV.

Gio — Mon, 22 Sep 2008 17:36:11 -0000

Big time manipulation in COF . Went up 11% in 5 minutes and back down now to 57 .

Re: Vote for Common Sense in NOV.

Gio — Tue, 23 Sep 2008 03:09:06 -0000

B4 u get so gushy, give credit where it's due compadre!
AAPL is going to $50.

Re: MO,WFR,ASH,NTAP

Gio — Tue, 23 Sep 2008 16:26:21 -0000

RIMM --- I have noticed in the past if it goes higher on the day of earnings, it is highly probable that it will drop after the earnings. I don't have any position on RIMM right now.

Re: MO,WFR,ASH,NTAP

Gio — Tue, 23 Sep 2008 16:27:36 -0000

The only thing that has held fast for me has been GNK. (Thanks for the tip, Tim)
I am still holding puts on CMP, COF, GENZ, GILD, GNK, SLB, and an old SPY I got before all the Market Meddling. Dying slowly here.

Re: MO,WFR,ASH,NTAP

Gio — Tue, 23 Sep 2008 16:29:08 -0000

If you are using a trailing stop that is good until cancelled, it will follow the equity until it hits the stop or you cancel the stop (Or the option expires, if that is what you are using). If you are using a day stop, then you will have to build a new stop the next day and it will trail starting from the value the equity is at when you set up the sto

Re: MO,WFR,ASH,NTAP

Gio — Tue, 23 Sep 2008 16:31:56 -0000

Bought GS Oct $120 Calls at $114.69, 61.8% fib retracement from recent high.
Out of GS at EOD. 48.1% gain.

Re: MO,WFR,ASH,NTAP

Gio — Tue, 23 Sep 2008 16:36:45 -0000

Mr. Greenspan in 2004, warned that deception was increasing and unscrupulous practices were spreading.

Re: MO,WFR,ASH,NTAP

Gio — Tue, 23 Sep 2008 16:39:06 -0000

i took a small opening short into oil today.

Re: MO,WFR,ASH,NTAP

Gio — Tue, 23 Sep 2008 16:40:31 -0000

Tried to short GLD on close but no short inventory.
Tried to short another position on GEF on close but missed market.

WB looked tempting as long; and am glad I held off

Covered ARO at 200d

eod in cash, 2 short positions GEF,

Re: MO,WFR,ASH,NTAP

Gio — Tue, 23 Sep 2008 16:46:11 -0000

Sitting on the bench and observing USO struggling to fill that gap. I'm close to easing into puts but filling that overhead gap would be ideal. $CCI is my tell. Close back under the 100WEMA and i see a fat multi year short. Yes, $CCI and USO are HIGHLY correlated even though $CCI is more soft commods.

MHK, MMC, TSCO are other short ideas on my radar. Badly diverging PPO to Price action.

Re: MO,WFR,ASH,NTAP

Gio — Tue, 23 Sep 2008 19:25:15 -0000

Berkshire Hathaway To Invest $5 B In Goldman Sachs

Last update: 9/23/2008 5:51:04 PM(MORE TO FOLLOW) Dow Jones Newswires (201-938-5400)

I think this news, plus anything positive on the bailout package will jump start the market upward.

Re: RGLD

Gio — Wed, 24 Sep 2008 16:09:14 -0000

Didn't I point this out yesterday? All those who will buy into 'cheap assets' after any major sell-off during the next few months will only find those assets to have become cheaper over the next 3-5 years.

For now, Dow target of 3,000 still remains possible - unless Helicopter Ben hyperinflates. But in that case, those stock certificates would be useful for wood burning as in Weimar Republic:

Re: RGLD

Gio — Wed, 24 Sep 2008 16:12:29 -0000

A friend of mine works for Citi mortgage and he was in DC last week.
He runs the mortgage services division for Citi and has been meeting with the Treasury every Monday for the past 3 months. He was telling me a couple of weeks ago that the number of foreclosures is increasing significantly at this point, as people walk away from their homes declining values.

Re: RGLD

Gio — Wed, 24 Sep 2008 16:17:32 -0000

Today I'll keep my eye on the JPY, Treasury bonds, S&P 500, NQ, and Gold futures.

Re: RGLD

Gio — Wed, 24 Sep 2008 16:18:46 -0000

Just looked up to find myself delta positive for the first time in a month (I think?)....feels funny. Long some industrials, and commodities...with a tight leash on both. Short consumer discretionary like COH and HOT which are well ITM now.

Re: RGLD

Gio — Wed, 24 Sep 2008 16:20:22 -0000

Looks like an up day tomorrow, buying usb on the dip is paying off already.

Re: RGLD

Gio — Wed, 24 Sep 2008 16:25:22 -0000

TIF has bounced off support at 36

Re: RGLD

Gio — Wed, 24 Sep 2008 16:29:47 -0000

New long: EXM (19.72)

I’m playing a possible rally at the end of this week. The $Vix spiked above 26, which was my entry point for longs. Hence, I am getting long a beat down sector, the shippers, for a squeeze. I’m still overall bearish here.

Re: RGLD

Gio — Thu, 25 Sep 2008 01:52:11 -0000

I'm long gold and that probably isn't going to change any time soon.

I'm not quite so sure that the Fed is intent on hyperinflation though. In fact, through all of this they seem to be going out of their way to avoid monetary inflation. All those credit facilities are a good example. For a while they were quite meticulous about draining liquidity to balance out the effects of the auctions And this $700B may not be inflationary at all, except insofar as it would be a net increase in the national debt. All that money is going to the weakest banks....precisely those that are least likely to lend. It's perplexing, actually.

Re: RGLD

Gio — Thu, 25 Sep 2008 01:54:12 -0000

If you want a good sector to short, look no further than the Aerospace & Defense industry. There are topping patterns everywhere...GD, RTN, NOC, LLL etc.

Re: RGLD

Gio — Thu, 25 Sep 2008 01:56:02 -0000

On a weekly chart, GLD is rallying from oversold conditions, and looks like a nice bull flag. It could have completed a nice A-B-C down and certainly has sprung higher as we would expect in the 5th wave of a commodity.

Mole urged me to get some GLD calls today, but I was reluctant. The longer gold "hangs" around current levels without falling, the more inclined I am to ride this move back up.

Re: RGLD

Gio — Thu, 25 Sep 2008 01:57:02 -0000

Re: RGLD

Gio — Thu, 25 Sep 2008 03:41:36 -0000

This bear market started in October of last year. So we've been in it for 1 year now. Is that even long enough of a bear market for such a financial mess we're in?

Re: RGLD

Gio — Thu, 25 Sep 2008 04:44:46 -0000

Even Jack Welch told the World Business Forum, "I now believe we are in for one hell of a deep downturn" and also stating the first quarter of 2009 will likely be "brutal." (courtesy of Reuters). Historically the news gets the most negative at market bottoms.

Re: QQQQ

Gio — Thu, 25 Sep 2008 16:11:15 -0000

STP is a short 43.4
SPWR is a short 95.8

Re: QQQQ

Gio — Thu, 25 Sep 2008 16:12:38 -0000

RIMM at 100.1 is a short
GOOG is a short 444.8 or better

Re: QQQQ

Gio — Thu, 25 Sep 2008 16:16:29 -0000

This $750B will not be inflationary. It's going to be poured into a black hole...not going to do a damned thing. It is just backfill.

Some inflationary spending would be a GOOD THING, IMHO.

Re: QQQQ

Gio — Thu, 25 Sep 2008 16:17:53 -0000

The market is not yet excited about what they are hearing. I am now neutral until I can discern a signal. I just bought a hege fund on e-bay for a buck.

Re: QQQQ

Gio — Thu, 25 Sep 2008 16:18:59 -0000

you paid too much!

Re: QQQQ

Gio — Thu, 25 Sep 2008 16:20:07 -0000

That was you bidding against me?!? Fudge!

Re: QQQQ

Gio — Thu, 25 Sep 2008 16:24:29 -0000

Nike had a big run up today on overweight recommendation. The approx current price is knocking it's head on a fib line----- not busting through it maybe a risk reversal play here? Was such a greddy greedy pig last week doing risk reversals on POT and Bidu (mainly) Close out of both already with over 150%++++ gains my best ever trading few days

Re: QQQQ

Gio — Thu, 25 Sep 2008 16:29:31 -0000

More disturbing that this financial crisis you are all yammering about:

I typed in the wrong symbol and it took me to FOH, Fredricks of Hollywood - trading at .82

Does no one care about sexy lingerie anymore? What is this world coming to?

Re: QQQQ

Gio — Thu, 25 Sep 2008 16:31:53 -0000

Been looking at the KGC. That might have some zip. Sure hope you be right on the GEF.
GS has a 5 day window it must wait through before it becomes a bank. I presume these are business days, which would bring us to Monday. I am mostly in cash

Re: QQQQ

Gio — Thu, 25 Sep 2008 16:34:40 -0000

The whole Qs are oversold...
RIMM ask is tanking on TOS AH.
What's up?
This market needs Viagra to stay up.

Re: QQQQ

Gio — Thu, 25 Sep 2008 16:38:01 -0000

Shorting is something I would love to learn. Actually, I need to understand the concept of Short first. This weekend I am going to study it. If you know any website I can go to for more info, please let me know.

Re: QQQQ

Gio — Thu, 25 Sep 2008 16:40:01 -0000

Rene,
Please be careful..... When I first learned spreads and IC's I thought it was the greatest thing ever and I was set for life. I made alot of money for about three months. Then the market got a little crazy and I gave it all back plus some.I would start with the IWm,SPX,DJX, and the RUT....Just a thought.

Re: QQQQ

Gio — Thu, 25 Sep 2008 16:40:47 -0000

Thanks Good Times, I agree with you on this. I am learning SPY only. Once I understand the concept I might try something else too. But for begining - single Spreads in SPY only. Thanks for the heads up.

Re: QQQQ

Gio — Thu, 25 Sep 2008 16:47:36 -0000

It's possible that the HUI's test of the mid-350s will hold and we could see a pullback to 310-325.
Looking at the charts, if we do get a pull back to the low 300s and a reverse up then a setup for an inverse head and shoulders would be in play.

Targeting the Gaps:

ABX 34.40 - 36.88
GG 32.15 - 33.52
SLW 9.50 - 10.00
AUY 9.46 - 9.79
GDX (Market Vector) 35.41 - 36.16

Re: QQQQ

Gio — Thu, 25 Sep 2008 16:50:12 -0000

I should say that if the goal of trading is to make money, FNM and FRE were the trade of the year, up +250% in a few days.

If one would have bought calls on them now he would be flying around in a Lear Jet.

Re: QQQQ

Gio — Thu, 25 Sep 2008 16:52:56 -0000

Am glad I saw this.

Re: QQQQ

Gio — Thu, 25 Sep 2008 16:55:43 -0000

Any other day I'd short the Dow as it just bounced off the underside of what was long term support. I think when congress passes this bill we will blow buy this line. But those who can day trade look like they have some good entries this morning. It's also a fib line as well,

Re: QQQQ

Gio — Thu, 25 Sep 2008 23:40:33 -0000

No agreement on the bailout... thats the last straw for QQQQ's. We go down big tomorrow.

Re: QQQQ

Gio — Fri, 26 Sep 2008 00:30:01 -0000

Anyone looking at BIDU for a short here? looks like it could fall a ways

Re: QQQQ

Gio — Fri, 26 Sep 2008 00:34:36 -0000

AGU is a slam dunk. 50 and 200 moving averages are about to cross.The 22nd confirmed it for me.

Re: QQQQ

Gio — Fri, 26 Sep 2008 00:35:55 -0000

Bought EWZ @ 61.27

great sell on ACI yesterday....down another 4-5% right now. Cut the losses quickly.

Re: QQQQ

Gio — Fri, 26 Sep 2008 00:49:07 -0000

The Dry Bulk stocks are acting like crap.
TBSI, DRYS, EXM, GNK. This may be related to a demand contraction going on (or at least being PRICED in).

Re: QQQQ

Gio — Fri, 26 Sep 2008 00:50:59 -0000

forget the GLD and go for the double gold ETN DGP.,” I wasn’t kidding. DGP is up 31% since my last comment.

Re: RIMM fib 61% is 71.5

Gio — Fri, 26 Sep 2008 13:45:22 -0000

WB = missed the 8.50 -$9 lows to high TENS pop last week,
nibblin in here for a BUCK or TWO...watch the low and volume

DSL = GOBBLE GOBBLE for a half!

Re: RIMM fib 61% is 71.5

Gio — Fri, 26 Sep 2008 13:46:17 -0000

lost into the ABYSS indeed,
always nice to be "back"...
one of those lumps ya take from time to time,
hope you're doing well meme---Cheers!

Re: RIMM fib 61% is 71.5

Gio — Fri, 26 Sep 2008 13:47:57 -0000

Miners look like ass. FCX should be avoided now but can be bought at $60.20

Re: RIMM fib 61% is 71.5

Gio — Fri, 26 Sep 2008 13:51:07 -0000

What is the new symbol for WM?

Should be KY as in KY Jelly because we really got butt Fu**++

Re: RIMM fib 61% is 71.5

Gio — Fri, 26 Sep 2008 13:51:42 -0000

....BDI absolutely fell off a cliff......xlb and xme destroyed
jesus how low can it get?
BDI cant go much lower before shippers actually lose money

Re: RIMM fib 61% is 71.5

Gio — Fri, 26 Sep 2008 14:31:13 -0000

going long on RIMM.

Re: RIMM fib 61% is 71.5

Gio — Fri, 26 Sep 2008 14:33:04 -0000

I am going to hold my 80x ABX OCT08 37.5 PUT till I am satisfy with the profit. It's at the higher end of BB and Force Index is indicating that it's going DOWN. Person Pivot is indicating downward trend further on as well. I will see you at $33!!

Re: RIMM fib 61% is 71.5

Gio — Fri, 26 Sep 2008 14:34:53 -0000

Nothing is oversold in this trading environment. RIMM looks like it's heading toward 50s soon.

Re: RIMM fib 61% is 71.5

Gio — Fri, 26 Sep 2008 14:36:50 -0000

I got a gut feeling that RIMM is going to test its 61.8% retracement level today at $69.6 and then bounce back to $71.00 ish.

Re: RIMM fib 61% is 71.5

Gio — Fri, 26 Sep 2008 14:38:20 -0000

JPM just took a whole bottle of viagra...

Re: RIMM fib 61% is 71.5

Gio — Fri, 26 Sep 2008 14:41:06 -0000

I was reading some research this morning by CIBC world markets and it stated that historically 2/3 of the swings in Gold prices are strickly due to moves in the US dollar.

Re: RIMM fib 61% is 71.5

Gio — Fri, 26 Sep 2008 14:50:21 -0000

Bought Jan 10 Puts on KEY. Will bolster that position on any strength.

Re: RIMM fib 61% is 71.5

Gio — Fri, 26 Sep 2008 14:52:37 -0000

CF is getting clobbered for nearly $20 this morning. I haven't even bothered to check for the reason. It's within $5 of the target. Good enough for me.

Re: RIMM fib 61% is 71.5

Gio — Fri, 26 Sep 2008 14:55:25 -0000

I am drooling over that H&S possibility on OIH. Will be extremely happy if this plays out. This pig should go back to 80 if not lower.

Re: RIMM fib 61% is 71.5

Gio — Fri, 26 Sep 2008 14:56:19 -0000

I guess I should start looking for a buyer of my 2008 Prius.

Re: RIMM fib 61% is 71.5

Gio — Fri, 26 Sep 2008 14:58:07 -0000

MOO (Agri-ETF) is either a great contrarian play or is going to break it's historic low and go much lower

Re: RIMM fib 61% is 71.5

Gio — Fri, 26 Sep 2008 14:59:01 -0000

CF is taking it in the rear today and so is AGU... I wonder why POT is not down by 20+ bucks... Either it means that CF and AGU bounce back hard or POT is just lining up to take in the rear.

I am going with the former and hence nibbling at CF and AGU calls. If the bailout news is good, they both should fly on Monday. The risk reward ratio seems good to me here.

Re: RIMM fib 61% is 71.5

Gio — Fri, 26 Sep 2008 15:05:24 -0000

WB pulled back to 8.50 last week and popped to 18...although this wamu news has changed the whos next and fear game a tad....im just looking for a daytrade pull not one to hold over weekend!

Re: RIMM fib 61% is 71.5

Gio — Fri, 26 Sep 2008 15:05:53 -0000

SQNM and VRTX = safe spots on pullbacks
to park a lil cash in this mkt!

Re: RIMM fib 61% is 71.5

Gio — Fri, 26 Sep 2008 15:31:37 -0000

Thanks MAS, how abt CPSL ? any clue what is going on.

Re: RIMM fib 61% is 71.5

Gio — Fri, 26 Sep 2008 15:32:10 -0000

just getting caught in the downtrend here, im a buyer under 4 bucks bringin my cost avg down...good longer term growth company---fundamentals and eps dont mean crap in this mkt especially in the small cap arena, as always a small float and chinese co = dont buy with ur kids college money!
M.A.S.

Re: RIMM fib 61% is 71.5

Gio — Fri, 26 Sep 2008 15:43:34 -0000

added some CLNE and FSYS in the IRA..!

Re: RIMM fib 61% is 71.5

Gio — Sat, 27 Sep 2008 22:48:41 -0000

Short List for today: BMC, HAL, IR, ITW, KO, MYGN, ONXX, RKT, RX, SBAC, STLD, TAP, TIF, TUP, VRX, VSEA.

Re: RIMM fib 61% is 71.5

Gio — Sun, 28 Sep 2008 19:06:56 -0000

THERE IS SIMPLY ZERO REASON FOR WB TO SELL OUT FOR A FEW BUCKS AT THIS POINT

they can survive on their own with bailout plan and if they cant, they go to zero on their own merits

no way management should take 2-3 bucks per share
its the biggest bullshit offer ever

Re: RIMM fib 61% is 71.5

Gio — Sun, 28 Sep 2008 22:41:17 -0000

It doesn't matter if the public opposes the bailout 300:1, or 1,000:1 -- what matters is that Warren Buffett thinks if we don't do it, we'll enter what he calls the worst financial crisis in American history. And politicians will listen to Warren Buffett before they'll listen to 300:1 opposers.

Re: RIMM fib 61% is 71.5

Gio — Sun, 28 Sep 2008 23:17:37 -0000

Why post so much on Tim Gay's Slope of Slip!He's obviously against freedom of speech.Imho you would do better concentrating on your own website.I've been banned, I'm bashin and I'm pissed, becuz of his so-called allegiance to a better country.The difference, he could care less, and I do.He's a moron with a third grader attitude.Look at me, 300K on a short position!

Re: RIMM fib 61% is 71.5

Gio — Sun, 28 Sep 2008 23:19:15 -0000

Brass balls, Neutral and Shake. I think we're going down after the bail out pop, but wouldn't it have been wiser to wait till the pop to short it? Any way, all the best to you guys.

Re: RIMM fib 61% is 71.5

Gio — Sun, 28 Sep 2008 23:21:39 -0000

From the macroeconomic perspective, a supposedly inflationary infusion like this would cause a large rise in Gold and Oil and a fall in the US Dollar. I, however, wouldn't be surprised with the reverse scenario, at least in the short run: Continuing weakness in commodities, a rise in the dollar, and a rise in bank, retail and tech stocks. A few macro scenarios would support this: A) An easing of the credit spreads and more liquidity in the credit markets; B) belief (probably mistaken) that equities are too low; C) belief the Europe is in worse shape and the worst is behind the U.S. and D) the belief that the Government's actions -- banning shorts, 700 billion, PPT etc. - have put a floor under the market and nothing can fight the guvment.

I am still an economic bear. I am aware that breath and volume on Friday's rally was terrible. And I acknowledge that there futures are indecisive. But I am suggesting this as a 1-2 month scenario -- not a 2 day scenario.

Re: RIMM fib 61% is 71.5

Gio — Sun, 28 Sep 2008 23:23:37 -0000

I meant to say the Trannies were holding up and could be seen as bullish. The diamond pattern hadn't really occurred to me.

Re: RIMM fib 61% is 71.5

Gio — Sun, 28 Sep 2008 23:32:09 -0000

I've got a huge position in USO--1 whoppin put----- but very cognizant that some would be pounding the table and calling that a bull pennant formation. I would call it a sloppy one and failure prone on any upside breakout.

Re: DIA,BBY

Gio — Mon, 29 Sep 2008 15:13:28 -0000

market doesn't believe them. bailout will still pass

Re: DIA,BBY

Gio — Mon, 29 Sep 2008 15:14:21 -0000

bought some DGP for lack of anything better to buy

Re: DIA,BBY

Gio — Mon, 29 Sep 2008 15:16:43 -0000

Playing a double bottom here on JASO. I’m scared of that support being crumbled, hence, i think i’ll get long.

Re: DIA,BBY

Gio — Mon, 29 Sep 2008 15:18:53 -0000

If I had to buy 5 stocks tomorrow, based on the list, the following would be my top picks:

4. Bucyrus International, Inc. (BUCY: 37.53 -15.38%)

5. National-Oilwell Varco, Inc. (NOV: 43.46 -20.36%)

10. Freeport-McMoRan Copper & Gold Inc. (FCX: 52.36 -17.96%)

24. Google Inc. (GOOG: 396.50 -8.01%)

31. Apple Inc. (AAPL: 105.626 -17.63%)

Re: DIA,BBY

Gio — Mon, 29 Sep 2008 16:07:34 -0000

remembering beanie telling me to load TAN when it was 28, now 17, :)
it's ok, hard to be guru in this market

Re: DIA,BBY

Gio — Mon, 29 Sep 2008 16:09:41 -0000

I think we have one more leg, gap down in the morning. Then, long for counter trend rally.

Re: DIA,BBY

Gio — Mon, 29 Sep 2008 16:11:29 -0000

gonna nibble a little bit more here
mostly V

Re: DIA otm option

Gio — Tue, 30 Sep 2008 15:40:00 -0000

The market is so calm today. I can't help but think it's the "calm before the storm." But I don't know whether it's a bull or bear storm comming...

Re: DIA otm option

Gio — Tue, 30 Sep 2008 15:42:38 -0000

So tempted to buy index puts here.... Credit markets are seized up people... the rally is 100 percent BS. I can't stress this enough.

Re: DIA otm option

Gio — Tue, 30 Sep 2008 15:44:07 -0000

I won't touch options until the VIX is under 35

Re: DIA otm option

Gio — Tue, 30 Sep 2008 15:45:49 -0000

Friday PST 1100 is vote on "Bailout strikes back"

Re: DIA otm option

Gio — Tue, 30 Sep 2008 15:46:55 -0000

I actually heard the Senate is working on doing something as early as tomorrow, with today being a holiday. Then, if they can agree on a revised version, it will be sent to the house. Not only are they working on revising the language, e.g. Mark-to-market rules, insurance, etc., they are working on legislators to determine if they have the votes to get it done BEFORE they go to the voting. Now there is a novel idea.

Re: DIA otm option

Gio — Tue, 30 Sep 2008 15:48:26 -0000

Friday after the market closes so the insiders can load up on positions near the close when everyone is wondering what is going on ;)

Re: DIA otm option

Gio — Tue, 30 Sep 2008 15:49:26 -0000

Haahaaaaaaa!!!! :-)

Re: DIA otm option

Gio — Tue, 30 Sep 2008 15:51:52 -0000

PLCE looking pretty week to today considering the rally. Will try to get Oct 35 puts - not too much volume though.

Re: DIA otm option

Gio — Tue, 30 Sep 2008 15:55:51 -0000

Anyone notice how little the utilities rallied today. If this were a healthy rally, utilities would be up around the same percentage as DOW, S&P ...

Re: DIA otm option

Gio — Tue, 30 Sep 2008 15:59:57 -0000

i am guessing that most ppl are like tim in that cash is their biggest position....looks very tempting to short indexes but with the bailout most likely getting passed tomorrow, i am 100% in cash as well...anybody getting aggressive with many shorts at the moment?

Re: DIA otm option

Gio — Tue, 30 Sep 2008 16:01:23 -0000

Short Short list: ADBE, AMT, CAM, CYMI, EQ, FFIV, HRS, IRM, JNPR, OI, PLCE, PPG, SEE, T, TS, TSL, TXN. I'm pretty much e/e everything short at potential resistance. I also still like the short list from last week. GL.

Re: DIA otm option

Gio — Tue, 30 Sep 2008 16:02:01 -0000

The children are our future....short PLCE.

Re: DIA otm option

Gio — Wed, 01 Oct 2008 01:30:18 -0000

bullish on RiMM?

edit: i'm thinking around $50

Re: DIA otm option

Gio — Wed, 01 Oct 2008 04:29:36 -0000

ESI: Great bearish set-up but oversold. I expect a quick small bounce for good put entry.
FO: Ditto, looks little better than ESI.
TEG: Not sure.
IART: With your caveat, looks like a good ride down to 39.50, and then some (bad data point on 9/29 or a real spike down?)
HOG: Unsure; could move higher.
CTL: Could it drop to 30?

I may by some puts on FO and IAET in the morning.

Re: DIA otm option

Gio — Wed, 01 Oct 2008 04:32:37 -0000

I like ESI as a short ... it is still showing weakness into the last half hour today ... also I am going to continue to day trade MA ... it remains volatile ...

Re: DIA otm option

Gio — Wed, 01 Oct 2008 04:34:39 -0000

ILMN is back on my "short into resistance" list ... and also I like BLK as a short (which we discussed) but not until it gets back above $210 or better ... I am going to set some alarms on short set ups at prices that I like

Re: EPS trend is turning RED

Gio — Wed, 01 Oct 2008 18:18:59 -0000

Ag getting slapped AH - MOS down 20% to 54 bucks... OMG same ticker was 170 2 months ago.

Re: EPS trend is turning RED

Gio — Wed, 01 Oct 2008 18:22:34 -0000

PBW looks good here for an investment
I think we have almost two weeks for rallying, once this bill is passed. Perhaps we rally for two weeks while they deliberate. Either way, after two weeks, I'm probably not going to be long unless its alternative energy or natural gas.

Re: EPS trend is turning RED

Gio — Wed, 01 Oct 2008 18:25:04 -0000

The Focus watch list is a good concept. It allows us time to study charts and formulate a strategy rather than chase your entries. Please reconsider on a smaller scale. I caught CLF and a few others.

Re: EPS trend is turning RED

Gio — Wed, 01 Oct 2008 18:37:54 -0000

Here my ideas:
http://moontrader.wordpress.com
We might have a bottom behind us. If tomorrow we don't breach Monday's low, I'll start looking for a good entry point to go long.

Re: EPS trend is turning RED

Gio — Wed, 01 Oct 2008 23:15:22 -0000

Buy on the dip: Energy select- HK, GMXR, CLR, ENER
Short on the spike: C, ZION, BOH
Stay away from tech! AAPL and GOOG leading the group down. AAPL to double digits in about 2 months?

Re: VIX

Gio — Thu, 02 Oct 2008 13:17:05 -0000

I want to go long ... BUT I do not see the signal to do so yet ... my watch list includes ENER FSLR GLD POT

I am holding some POT long ... BUT it needs to end the day above 104 if I am going to hold overnight ...

Markets will look like they could sell off this afternoon ... standing aside ...

Re: VIX

Gio — Thu, 02 Oct 2008 13:18:23 -0000

adding to SLW, AEM RGLD HL EXK GOLD GG

Re: VIX

Gio — Thu, 02 Oct 2008 13:22:23 -0000

NUE, DRYS and my fav. BNI....market severly oversold....should bounce tomorrow.

Re: VIX

Gio — Thu, 02 Oct 2008 13:26:01 -0000

Bot 1/2 position HL

Re: VIX

Gio — Thu, 02 Oct 2008 13:27:46 -0000

okay i bought some DRYS and BNI....this market is severly oversold. we should get a bump later today or tomorrow.

Re: VIX

Gio — Thu, 02 Oct 2008 13:31:56 -0000

FSLR is setting nicley for a bounce here. At its S2 pivot and ready to cross its 13/34 EMA. Once it crosses, I see an $8 move. It is important to not jump it but wait for the cross, my entry is going to be in the 183-184 area.

Re: VIX

Gio — Thu, 02 Oct 2008 13:45:19 -0000

JNPR close enough to my target...sold. Still like SGMS for another 2 points or so.

Eyeing SNDA here.

Edit: Sold SGMS. In SNDA for a quarter position, more under 24.40 or so.

Edit: Sold IR. Lightening up a little.

Re: VIX

Gio — Thu, 02 Oct 2008 13:51:49 -0000

Yes! The bailout is irrelevant.

Re: VIX

Gio — Thu, 02 Oct 2008 14:10:13 -0000

bought EXM for a swing trade.

Trying to get some ICE. i’m trippin’ out here. Need ICE!
buy-limit on ICE =82.50

Re: VIX

Gio — Thu, 02 Oct 2008 14:20:32 -0000

TED spread is @ 3.62

http://www.bloomberg.com/apps/quote?ticker=.TED...

Re: VIX

Gio — Thu, 02 Oct 2008 14:22:16 -0000

PCLN, BTU and ANR have broken through 100% fib retracement. does anyone see any other nearterm support for these? i was using monday's low as the 100 % fib support from the highs set in march-june.

Re: VIX

Gio — Thu, 02 Oct 2008 15:41:28 -0000

buying more CAT for overnight. we go up tomorrow is my thought.
Watch gold's close. It is very important today. GLD close above $84 still possible. If not, it is a short.
FCX off 65% from highs. Trading at $46 with a PE of like 2. Supposed to be debt free by the end of this year. Copper could disappear and this company should still be bought for $80. Time for Buffett to diversify into miners. LOL

Re: VIX

Gio — Thu, 02 Oct 2008 15:46:49 -0000

I am thinking Dow is gonna be up 400 tomorrow at some point and then we will start selling into close and continue selling into the vote, bringing Dow down to 10400. And if the vote is reject.. then we continue the ride down to low 9000s. Else we are gonna see the Mother of all rallies... pushing us back up above 11000.

Re: VIX

Gio — Thu, 02 Oct 2008 15:48:12 -0000

I started to buy some IWM puts about an hour ago,

Re: VIX

Gio — Thu, 02 Oct 2008 15:49:32 -0000

Short term.... The IWM is 5.45% downward extended in a downward extension of 14.98% on the RUT. I say buy, and we go lower, BUY more. We can't go much lower..... period. A bounce should be equal to about 6.75% on the RUT. Just my opinion, take it for what it is worth ;-)

Re: VIX

Gio — Thu, 02 Oct 2008 15:53:49 -0000

Looks like at this point tomorrow around midday. But they say only will bring it to the floor if they have the votes to pass it.

Re: VIX

Gio — Thu, 02 Oct 2008 15:58:03 -0000

I am putting both of my balls out there:
COF - 50 Call, GS - 140 Call, ABK - 5 Call, and an ABX - 25 Put as a hedge.

Re: VIX

Gio — Thu, 02 Oct 2008 16:03:03 -0000

C and BAC have plenty room to drop folks. And don't think about going long gold... in crashes everything drops.

Re: VIX

Gio — Thu, 02 Oct 2008 20:37:27 -0000

I put in a HUGE vote for psychotic market....Perhaps even something about a neurotic chihuahua. That's what the market has been reminding me of lately.

Re: XHB

Gio — Fri, 03 Oct 2008 15:40:46 -0000

check out MAC.

Re: XHB

Gio — Fri, 03 Oct 2008 15:48:48 -0000

The only Financial I have played recently (Besides MA which isn't on the financial no-short list) is C. Which I bought yesterday, and sold this morning. Hard to complain boaut 100% in a day.

Re: XHB

Gio — Fri, 03 Oct 2008 15:50:34 -0000

this is the vote on the amended changes approved by the Senate. Vote for the bailout happens next if this passes.

Re: XHB

Gio — Fri, 03 Oct 2008 15:55:28 -0000

I took small nibbles in POT, BG, BIDU, GOOG and PBR this AM. Waiting for MA to get where I would chomp on it. No folks, I am not loading up...I am nibbling.

Re: XHB

Gio — Fri, 03 Oct 2008 15:57:44 -0000

AA & YUM have earnings on tuesday. They're gonna freakin' fail.
I think that once everyone realizes that the bailout did nothing for wall street we're gonna plummet.

Re: XHB

Gio — Fri, 03 Oct 2008 15:59:15 -0000

MOS put a double bottom on 40?

Hell its PE is 6 - fair value:)

Re: XHB

Gio — Fri, 03 Oct 2008 16:01:04 -0000

Someone here mentioned FED cutting rates over the weekend.....any confirmation yet or any other news regarding it.

Re: XHB

Gio — Fri, 03 Oct 2008 16:02:24 -0000

What's happening with Citi...down 20%? Any rumors floating around?

Re: XHB

Gio — Fri, 03 Oct 2008 16:04:03 -0000

$TNX chart. Indexes could bottom without $TNX breaking below 34, but recent history doesn't agree. More room left to the downside.

http://robsnextmove.files.wordpress.com/2008/10...

Re: XHB

Gio — Fri, 03 Oct 2008 16:06:40 -0000

I'm now long at today's close. You, me, and the bottle makes three.

Re: XHB

Gio — Fri, 03 Oct 2008 16:23:51 -0000

BUY THIS DIP!
Homework… screen for double, maybe even TRIPLE bottoms this weekend on the 4-week chart. If anyone finds some, let me know.

Re: XHB

Gio — Fri, 03 Oct 2008 16:25:08 -0000

I was thinking the same.

Re: XHB

Gio — Fri, 03 Oct 2008 16:26:17 -0000

DOUBLE BOTTOM (MA) ( FSLR)

Re: XHB

Gio — Fri, 03 Oct 2008 16:29:17 -0000

Stocks Rising on Unusual Volume:
HES, RTP, CLF, SBAC, TRK, AAPL, SURW, TFSL, TESO, OSIR, TKLC, LUFK, AAUK, PAAS, MTRX, DRYS, ALOG, BOOM, GOOG, IDRA, JNPR, RIMM, FWRD, PBT, WFT, MOS, CBU, VMI and TRN

Re: XHB

Gio — Fri, 03 Oct 2008 16:37:48 -0000

Palin’s stock holdings
Australia Index (EWA) pays a yield of 5.33% .
Belgium Investable Market Index (EWK) pays a yield of 9.98% .
BP plc (BP) explores, produces, refines and sells petroleum. It has a PE of 7 and pays a yield of 6.20% .
Roper Industries Inc. (ROP)
(NOV) makes and markets systems and products for the oil and gas industry.
(INTU) offers business and financial management applications for small and medium sized businesses, and financial institutions.

Re: XHB

Gio — Sat, 04 Oct 2008 04:35:16 -0000

RUT is now 18% extended, and by my measurement, no index has moved this far without a compensatory move in all the history of the markets, not even during the notorious crashes. Have a good weekend!

Re: XHB

Gio — Sat, 04 Oct 2008 15:29:10 -0000

PS, Do you know how to use that HTML thingie to make bold type? TIA!

enter < b > without spaces, to turn bold on.

Enter </ b > without spaces to turn it off.

Edit #2... Replace the b with i for italics.

Re: XHB

Gio — Sat, 04 Oct 2008 17:09:48 -0000

Looking at the 1 year chart, we see that KSU looks very oversold. It has fallen below every DMA that I show. This stock does not look like a good short here!
On the 5 year chart
Now, that does not look oversold! In fact it still looks very overbought. I would love to short this on any push up. This is my favorite since the fundamentals look the worst:
Debt to Equity: 1.04, PE: 18, FPE: 13, P/B: 2.0

Re: XHB

Gio — Sun, 05 Oct 2008 00:39:23 -0000

I want to make one thing clear: This impending plunge can be a one-day event or a week. I do not know. But all I know is Dow has at least 7% to go. So I dont know if it can make all of it on monday.

Re: XHB

Gio — Sun, 05 Oct 2008 00:40:41 -0000

my concern earlier was that many will try to time the bottom using their indicators,,oversold will amazingly get more oversold,, dont want anyone to get hurt by trying to catch a falling knife

Re: XHB

Gio — Sun, 05 Oct 2008 04:37:24 -0000

The RUT will not reset until XX% of the total decline (Top to bottom) is achieved. Hence the larger the decline, the larger the counter move. If price comes close to this reset point and turns down, the validity of the entire range is still intact. If the RUT resets, it will then have to extend again before counter (fade) plays are initiated. So, if the RUT moves up 6% from here and turns back down, once the low is matched or broken, the RUT is still obligated to make a move up of greater than 6%.

Re: CVX,IYT, SPY

Gio — Mon, 06 Oct 2008 16:30:35 -0000

BAC screwed.....15/ c reslts vs. .6 cents ... they preannounced....cut div. in half....GS down 10....oh man

Re: CVX,IYT, SPY

Gio — Mon, 06 Oct 2008 16:31:31 -0000

i shorted AAPL for an overnight (already under) and sold my long AAPL for a loss...:)

Re: CVX,IYT, SPY

Gio — Mon, 06 Oct 2008 16:32:14 -0000

armageddon is coming....everybody SELL...SELL....SELL :))

Re: CVX,IYT, SPY

Gio — Mon, 06 Oct 2008 16:33:12 -0000

if you are bullish, you can't like the closing rally here. maybe the buyers are pricing in a fed cut. historical day nonetheless

Re: CVX,IYT, SPY

Gio — Mon, 06 Oct 2008 16:34:28 -0000

Long JNPR. Long, long, long....short leash.

Re: CVX,IYT, SPY

Gio — Mon, 06 Oct 2008 16:35:43 -0000

there is more cash on the sidelines now than just about
any time in history

Re: CVX,IYT, SPY

Gio — Mon, 06 Oct 2008 16:36:58 -0000

i told you guys on thursday that a crash will happen within the next 5 days. hope you listened

Re: CVX,IYT, SPY

Gio — Mon, 06 Oct 2008 16:39:00 -0000

That trickle down was most likely a B wave of an ABC correction. I am looking towards about 10K to cap this rally.

Re: CVX,IYT, SPY

Gio — Mon, 06 Oct 2008 22:02:30 -0000

If you bot at the same time with me, you bought the bottom of the selling climax which means you will minimum get 100+ ES points in a few hours

Having said that, i know the fact that most of you are not familiar with such situations, so dont get out early

you have a great entry, it will last for a while

Re: CVX,IYT, SPY

Gio — Mon, 06 Oct 2008 22:03:17 -0000

Dont get shaken out, vix is still hig but ES will be up more than 100 points in a few hours

this is the other side of selling climax

hang in there, we will be above 1150 in a few hours...by tomorrow afternoon

Re: CVX,IYT, SPY

Gio — Mon, 06 Oct 2008 22:05:48 -0000

100% long

Re: CVX,IYT, SPY

Gio — Mon, 06 Oct 2008 22:10:55 -0000

Cramer told Curry. “I do not want to say these things on TV.

“Whatever money you may need for the next five years, please take it out of the stock market right now, this week.

Re: CVX,IYT, SPY

Gio — Mon, 06 Oct 2008 22:52:11 -0000

More or less two weeks ago I talked about a target of SPX 920. At that time SPX was trading around 1200, so 920 was like science-fiction. Today we are not very far from it.

Re: CVX,IYT, SPY

Gio — Tue, 07 Oct 2008 01:42:22 -0000

I have several scenarios bouncing around in my head as to what may happen in the next few days, but ultimately we are headed lower. I believe much more so, but I will trade as the market dictates day to day and try to make money regardless, although by the time this is over I think we will be worried about a lot more than money

Re: CVX,IYT, SPY

Gio — Tue, 07 Oct 2008 01:47:32 -0000

Long MON & Short SMN. Off for a late night drive.

Re: CVX,IYT, SPY

Gio — Tue, 07 Oct 2008 01:49:35 -0000

The so-called rally started too soon. We will open up tomorrow but close Tuesday at today’s lows. Bank it, bitch.

Re: IYT,X, marks the spot

Gio — Tue, 07 Oct 2008 23:05:26 -0000

I am getting my list of heavily shorted and sold off stocks (check out my blog soon if you are interested). If we start to rally I will by buying these. I'll also be looking at the heavily sold coals (MEE, ACI, BTU).

Re: IYT,X, marks the spot

Gio — Tue, 07 Oct 2008 23:09:37 -0000

The Fed will not stay quite for much longer. They will not allow these markets to free fall in this manner for much longer. An emergency rate cut is in the works, you can be assured.

Re: IYT,X, marks the spot

Gio — Tue, 07 Oct 2008 23:57:17 -0000

Did anyone notice that we blew more then 10% below the 10 week ema on DOW SPX & NYSE? That measure works like 80% of the time in calling the bear market bottom. Just say'n.

On another thought, I'm wondering if the 2000 & 2007 double top and failure to exceed it in any meaningful way means we have changed from a secular bull market to a secular bear market. Anybody have any thoughts on that?

Personally, I'm getting ready to buy those SPY calls very soon.

Re: IYT,X, marks the spot

Gio — Wed, 08 Oct 2008 01:38:46 -0000

ES just broke straight through 990 and went to 984..

Re: IYT,X, marks the spot

Gio — Wed, 08 Oct 2008 01:41:15 -0000

i think gap down possible

Re: IYT,X, marks the spot

Gio — Wed, 08 Oct 2008 02:15:20 -0000

Remember, all the greats gave up on day trading even Jesse Livermore. They all saw the writing on the way by holding long term positions and not short term. It’ll be important when we do get a new bull market that you’ll be able to build long term positions for huge gains!

Keep on the sidelines and wait for the storm clouds to pass!

Re: IYT,X, marks the spot

Gio — Wed, 08 Oct 2008 02:43:06 -0000

SPY,
However, I think that a conservative target is the 925 area, in particular if {5} is preceded by a {4} that retraces to the 1100 area.

Re: OIH group

Gio — Wed, 08 Oct 2008 15:00:25 -0000

i shorted MON at 86 let's see....

Re: OIH group

Gio — Wed, 08 Oct 2008 15:01:50 -0000

bought around 27 at the open..out shy of 33
was able to take gain against overnight losses

Re: OIH group

Gio — Wed, 08 Oct 2008 15:02:45 -0000

MET this morning

Re: OIH group

Gio — Wed, 08 Oct 2008 15:03:44 -0000

XME halved since sept 22

just unreal

Re: OIH group

Gio — Wed, 08 Oct 2008 15:19:19 -0000

Double-Top formation on /YM, /ES 15min timeframe. Bearish doji pattern accompanying as well. See you later, Mr.Sucker's Rally.

Re: OIH group

Gio — Wed, 08 Oct 2008 15:21:00 -0000

.I am looking at FDO's one year chart and see it coming down to kiss the bottom of its trendline up (not tracing back to a broken trendline). What graph are you looking at?

Re: OIH group

Gio — Wed, 08 Oct 2008 15:22:30 -0000

Six months ... here you go. Possible H&S pattern forming too

http://screencast.com/t/MwpF0rWbs

And DTLR. Looks like a downtrending stock bumping up against diagonal resistance.

http://screencast.com/t/uHlsWE0BhsD

Re: OIH group

Gio — Wed, 08 Oct 2008 15:23:47 -0000

thats what I'm told is that you don't want to be long going into tomorrow. but we all know that the masses are usually wrong, so why not just stay long!

Re: OIH group

Gio — Wed, 08 Oct 2008 15:27:59 -0000

I'm buying Nov. calls on DLTR (Dollar Tree) and FDO (Family Dollar) in addition to buying EZPW (EZ Pawn) and PRAA (Portfolio Recovery).

Consumer recession plays that have been unfairly beaten IMHO.

Re: OIH group

Gio — Wed, 08 Oct 2008 15:29:41 -0000

I think FDO is a good short here. Traced backup to its former trendline.

Re: OIH group

Gio — Wed, 08 Oct 2008 15:30:16 -0000

shorting FDO too and would do the same with DLTR. EZPW i would short when it gets up at about 16.

Re: OIH group

Gio — Wed, 08 Oct 2008 15:33:41 -0000

We just don't seem to want to get the big flush. I was hoping we would be down 500 points this morning. Maybe the best strategy is to just watch the buying on weakness indicator. Once the big boys are ready to step in again I'll feel better about adding that cube position.

Re: OIH group

Gio — Wed, 08 Oct 2008 15:34:48 -0000

Agreed. That's why I've been keeping positions small here. I really thought we'd see a quick panic to SPX 950, followed by a reversal to 1020-1030. This methodical liquidation is just not a good sign.

Re: IWM 2 sweets, XLE,XOM

Gio — Thu, 09 Oct 2008 23:45:21 -0000

Atilla over at xTrends has covered all his ES shorts and is going long right now

Re: IWM 2 sweets, XLE,XOM

Gio — Thu, 09 Oct 2008 23:49:39 -0000

sp futures are now 875
its over...doom is upon us
looks like tomorrow is the final capitulation

Re: IWM 2 sweets, XLE,XOM

Gio — Thu, 09 Oct 2008 23:51:09 -0000

I seriously doubt they even open our market if the futures point south of 500 until after Bush speaks.

While we might head lower, this is a fantastic buying opportunity based on historical evidence

Re: IWM 2 sweets, XLE,XOM

Gio — Thu, 09 Oct 2008 23:52:54 -0000

tomorrow spx range will be 10-11 pts at least so even if we gap down 30 handles at morning low, we can still be as high as 70 handles some time tomorrow

Re: IWM 2 sweets, XLE,XOM

Gio — Fri, 10 Oct 2008 00:10:02 -0000

Looks like I picked the wrong day to stop sniffing glue.

Re: IWM 2 sweets, XLE,XOM

Gio — Fri, 10 Oct 2008 00:13:09 -0000

numbing the pain with a dry hopped beauty from Colorado tonight. The worst part is I have been telling everyone I know to get out the market it is going to crash and I am stuck with calls when it happens. The killer is everyone is saying "You must have made a killing this week" uummm, yeah about that. Luckily I am of the laid back persuasion so I live on, plus the calls may be worth something at some point next week (or maybe not, who knows

Re: IWM 2 sweets, XLE,XOM

Gio — Fri, 10 Oct 2008 00:16:12 -0000

yea i got a long portfolio of sso, xl, lnc, chk and hig all bought at various stages today

Re: IWM 2 sweets, XLE,XOM

Gio — Fri, 10 Oct 2008 00:16:57 -0000

TV's gonna pray all night....he's longggggggg

Re: IWM 2 sweets, XLE,XOM

Gio — Fri, 10 Oct 2008 00:18:31 -0000

its up to europe
spy needs to open over 93.5 for tomorrow to be the recovery day

Re: IWM 2 sweets, XLE,XOM

Gio — Fri, 10 Oct 2008 00:21:43 -0000

I bought Nov SPY 92 calls when SPY was a 94 to combat the insane 60% IV's. Naturally, SPY sold off hard in the final half hour. I believe in a bounce but i need SPY107 or better to feel good about paying such an insane premium for the 92's. Thats a large move by normal standards but in this market it LOOKS like a slam dunk to do that in a few days. In reality, this market is in no way a slam dunk on the long side ;-)

Don't play options right now on ANY of the indices unless your playing with recent won profits only. The IV's are too much of a crap shoot to play with valuable capital. Hang tight and wait for some absurd catalyst like BEN B on the floor buying futures before plunging in long.

Re: IWM 2 sweets, XLE,XOM

Gio — Fri, 10 Oct 2008 02:08:22 -0000

Going long: QQQQ, NSM, and BAC via Nov calls tomorrow. Hopefully we gap down so I can take profits in STT. Eeek.

Re: IWM 2 sweets, XLE,XOM

Gio — Fri, 10 Oct 2008 03:39:08 -0000

MARKET CORRECTION -- The day after you buy stocks.
STOCK ANALYST -- Idiot who just downgraded your stock.
FINANCIAL PLANNER -- A guy whose phone has been disconnected.
BROKER -- What my broker has made me.
BEAR MARKET -- A 6 to 18 month period when the kids get no allowance, the wife gets no jewelry, and the husband gets no sex.

Re: http://z-stock.blogspot.com/2008/10/oih.html

Gio — Fri, 10 Oct 2008 14:42:47 -0000

baltic dry index down to 2221
looks like all shippers going out of business
NOT
just like oil at 147

Re: http://z-stock.blogspot.com/2008/10/oih.html

Gio — Fri, 10 Oct 2008 14:44:27 -0000

The scientists over here at my work were saying how we are going into a depression and it is Reagan's fault. Too much ether I suppose.

Re: http://z-stock.blogspot.com/2008/10/oih.html

Gio — Fri, 10 Oct 2008 14:45:31 -0000

going really long SLV here...this is sick

Re: http://z-stock.blogspot.com/2008/10/oih.html

Gio — Fri, 10 Oct 2008 14:46:27 -0000

Separate X from the equation. In this case X=VIX...Solution = Buy stock...

Re: http://z-stock.blogspot.com/2008/10/oih.html

Gio — Fri, 10 Oct 2008 14:47:45 -0000

FFIV sold...done for the day I think.

Still like UA, IRM, BBBY, AEM shorts. I'll probably post more later.

Re: http://z-stock.blogspot.com/2008/10/oih.html

Gio — Fri, 10 Oct 2008 14:51:36 -0000

going long VMI, GOOG, RIMM

Re: http://z-stock.blogspot.com/2008/10/oih.html

Gio — Fri, 10 Oct 2008 15:03:02 -0000

Banned myself from commenting on my own blog! That was intelligent!

Re: http://z-stock.blogspot.com/2008/10/oih.html

Gio — Fri, 10 Oct 2008 15:04:22 -0000

going long QLD,GS

All my stops are LOD or LOY whichever is further

Re: http://z-stock.blogspot.com/2008/10/oih.html

Gio — Fri, 10 Oct 2008 15:06:16 -0000

going long DBA

Re: http://z-stock.blogspot.com/2008/10/oih.html

Gio — Fri, 10 Oct 2008 15:13:57 -0000

Going long XOM, and ABT
going long DBA
Going longer the following: MOO, FCX, BNI, SLV, EDD, PBW
stops are LOD, LOY, or LFD (low for decade) whichever is further
going long GS
going long QLD

All my stops are LOD or LOY whichever is further

Re: http://z-stock.blogspot.com/2008/10/oih.html

Gio — Fri, 10 Oct 2008 15:19:18 -0000

evolnomis i have a calls on SNDA and AUY...getting killed today...any ideas on if i should hold or sell? prices at my support now

Re: http://z-stock.blogspot.com/2008/10/oih.html

Gio — Fri, 10 Oct 2008 15:20:35 -0000

berkshire For those wondering...Dipping into ISRG, DECK, MA...Maybe FSLR too. Timeframes are very small...most likely day trades. Be cautious if you follow us here.

Re: http://z-stock.blogspot.com/2008/10/oih.html

Gio — Sat, 11 Oct 2008 00:05:24 -0000

10 Bullish Charts, Signals, Indicators
http://bigpicture.typepad.com/comments/2008/10/...

Re: http://z-stock.blogspot.com/2008/10/oih.html

Gio — Sat, 11 Oct 2008 00:07:48 -0000

I just finished reading my EWI Short Term Update for today. Hochberg says wave 3 has not ended yet. A small bounce is possible Monday morning, then we head back down. He doesn't always bat a thousand, especially with his timing, but be wary Monday.

Re: http://z-stock.blogspot.com/2008/10/kbh.html

Gio — Sun, 12 Oct 2008 15:23:22 -0000

Here is an article about how the last bubble that is now ready to burst is the Treasury bubble. Capital flight will take place, and the Yen and Euro will appreciate considerably if this takes place.

http://one-salient-oversight.blogspot.com/2008/...

Re: http://z-stock.blogspot.com/2008/10/kbh.html

Gio — Sun, 12 Oct 2008 15:44:20 -0000

Current position trading account 90 percent cash. Long: 1/2 position BAC, 1 position RIG and SSO

10/13 week Comment: Fill 10/3 gaps? Retailers, Reits due for a bounce? Resorts/Gaming too which makes no sense.

Potential shares to be included in this week's watch list:

Long: AAPL, AFG, IVN, SLB.

Short: AGN, AMGN, CCU, DISCA, EWBC,

Possible divergence for up: AAI, ACH, ACI, AMTD, AMZN, ANF, ANR, BEAV, BRCM, CAKE, CCRT, CHK, CIEN, CIT, CLF, CLRT, CMI, CNX, CPHD, CTB, CTSH, ECA, FHN, GA, GR, GRA, GT, HPQ, HTZ, IBKR, IVN, JBL, JCI, KCI, KNX, LAMR, LH, LINE, MEA, MHP, MIR, MON, MRVL, MRX, MWV, NAL, NETC, NFP, NLC, NSC, NTRS, PALM, PCAR, PFG, PMTC, RCL, RDC, RHI, RHT, SBAC, SFD, SGMO, SHW, SKX, SLM, SLT, SOHU, SUPG, SVNT, SWK, UTX, WCC, WCG,WYN, ZMH,

Re: http://z-stock.blogspot.com/2008/10/kbh.html

Gio — Sun, 12 Oct 2008 15:51:11 -0000

GNK was a great short. It is a dead cat bounce candidate for sure. It is back to its low established a few months after its IPO. That suggests caution and a tight stop. Close beneath this low and there is not historical price support.

FRO carries similar cyclical risk.

ARA has a huge range on 9/19 which makes my price oscillators suspect. You are betting on both cyclcial recovery with packaging and Brazil.

High Grade Copper might be at fib support using a 2001 low. PCU has followed. While it too is just below fib support, you are betting on the metal most tied to the economic cycle. I bought some RIG on Friday as a bet on the OIH which is an oil service>/b> index. Earnings visibility is good.

IVN is a potential play I like for Monday morning; but I am not going to chase it. PAAS was a recent close call for me. It took a 22% up day for me to escape with an 8% profit. The attraction to me is the shortage of physical coin. The contrary side to this is that share prices of late have not correlated well with bullish moves in the underlying commodity.

I like CLF's chart. Cyclical risk in iron. This would be a short term trade.

I have no opinion on MOS. Hope this feedback is of help.

Re: http://z-stock.blogspot.com/2008/10/kbh.html

Gio — Sun, 12 Oct 2008 16:02:46 -0000

MOS going crazy - from 32.50 to 38 in a matter of minutes...

Re: http://z-stock.blogspot.com/2008/10/kbh.html

Gio — Sun, 12 Oct 2008 16:05:32 -0000

Look at the

And then $GOLD:$USD:

http://stockcharts.com/h-sc/ui?s=$GOLD:$USD&p=D...

Re: http://z-stock.blogspot.com/2008/10/kbh.html

Gio — Sun, 12 Oct 2008 16:07:16 -0000

When do /ES futures start trading?

Re: http://z-stock.blogspot.com/2008/10/kbh.html

Gio — Sun, 12 Oct 2008 16:07:51 -0000

RFScooter 6pm EST

Re: http://z-stock.blogspot.com/2008/10/kbh.html

Gio — Sun, 12 Oct 2008 16:09:49 -0000

1) Become successful in trading equities before you start trading options
2) If your account isn't big enough to keep your risk at acceptable levels, wait until it is (ie deposit more money into your account)
3) Don't swing for the fences. You might see some people on this board swinging for home runs, but that doesn't make it right for you. They might not mention that they are hedged somehow, or that the trade represents a minuscule portion of their trading account.

Re: http://z-stock.blogspot.com/2008/10/kbh.html

Gio — Sun, 12 Oct 2008 16:11:38 -0000

They GS,MS,JPM--kill two birds with one stone: raise cash while driving down equities, and then scooping in and buying the shares being dumped by the hedgies. <<

Yep.
That's strategy.

Re: http://z-stock.blogspot.com/2008/10/kbh.html

Gio — Sun, 12 Oct 2008 16:13:14 -0000

we're still miles and a few years away from a single digit P/E, unless we crash to 517 on the spx, which would give us a p/e of 10.

current ttm earnings for spx is 51.68.

and please do not counter with that operating, core, pro-forma, forward estimates, or any of that other shit.

Re: http://z-stock.blogspot.com/2008/10/kbh.html

Gio — Sun, 12 Oct 2008 16:14:14 -0000

Osso yes...miles and years away.......but not later than 2014........and we are definetely going there......and SPX could be 400 also.......

Re: http://z-stock.blogspot.com/2008/10/kbh.html

Gio — Sun, 12 Oct 2008 16:16:23 -0000

I also bought QQQQ Dec 36 @1.40 but only a small lot. Have a total of 450 delta's so hoping for a nice burst.

Re: http://z-stock.blogspot.com/2008/10/kbh.html

Gio — Sun, 12 Oct 2008 23:41:45 -0000

We will close 5% or more higher today near SPX 1000

This was the great opportunity for those long term and intermediate term investors.

We are coming out of the selling climax, upside will be as vicious as the downside.

We will never see these levels for the next 6-9 months.

Re: $VIX, EWZ

Gio — Mon, 13 Oct 2008 15:58:38 -0000

Atilla, not using stops means you have no pre-determined risk
when i am wrong, i get out with 1-2% loss

Re: $VIX, EWZ

Gio — Mon, 13 Oct 2008 15:59:46 -0000

if you know why you are buying or selling, you know where you are wrong

when you know you are wrong, get out

Re: $VIX, EWZ

Gio — Mon, 13 Oct 2008 16:04:08 -0000

i dont think one should take any bearish position until market says so

there is nothing that tells me this thing will sell off soon

Re: $VIX, EWZ

Gio — Mon, 13 Oct 2008 16:06:04 -0000

it is time to buy uyg intraday

i think it is the only one that has juice left

we should close near the highs today

Re: $VIX, EWZ

Gio — Mon, 13 Oct 2008 16:08:27 -0000

Joseph said...

Thanks Atilla
Your call for UYG to 22 and SPX >1200 suggests you feel the Central Banks will get this credit crap under control for weeks to months? I agree that we could bounce in a way that will surprise most, but if we head down the road to recession this could get nasty quick by 2009, right?

Re: $VIX, EWZ

Gio — Mon, 13 Oct 2008 16:13:35 -0000

Noteworthy earnings tomorrow: DNA, JNJ, PEP, INTC
Wednesday: ABT, EBAY, JPM, KO, VMI, WFC
Thursday: A bunch of 'em including SPWRA, GILD, LUV, and GOOG

Bought some SDS stop HOD

Re: $VIX, EWZ

Gio — Mon, 13 Oct 2008 16:15:05 -0000

Order for FXP at $80 but didn't fill

Re: $VIX, EWZ

Gio — Mon, 13 Oct 2008 16:40:39 -0000

i haven't looked at the charts since this morning... so i don't know if we're gonna gap up or down ........
PBW's price is cheaper than Kmart.

long term buy buy buy

market should close strongly today.

Re: $VIX, EWZ

Gio — Mon, 13 Oct 2008 16:43:05 -0000

Yip but I don't fathom why you'd want to go short against a powerful up move? Wouldn't it be far more profitable to be long and go short WHEN the market turns back down?????

Re: $VIX, EWZ

Gio — Mon, 13 Oct 2008 16:44:03 -0000

dowoper8tr http://futuresource.quote.com/quotes/custom.jsp...

the vix futures curve has little room to collapse, that's your problem. Dec Vix options are a guess on where VIX settles at end of Jan.

Re: $VIX, EWZ

Gio — Mon, 13 Oct 2008 16:45:20 -0000

tenyeartrader Basicly we have rallied 1600 or so points in two days. Bear mkt rallies are somethin! I'm salivating on the thought of FXP getting under $70 again.

Re: $VIX, EWZ

Gio — Mon, 13 Oct 2008 16:46:13 -0000

Hammerhead Stay long and strong this run up ain't over yet.

Re: $VIX, EWZ

Gio — Mon, 13 Oct 2008 16:47:24 -0000

krazykev The squeeze is on !!! still waiting for setups for shorts

Re: $VIX, EWZ

Gio — Mon, 13 Oct 2008 16:48:20 -0000

Gidee Yup BIDU is looking attractive for a short play. Hmmmm

Re: $VIX, EWZ

Gio — Mon, 13 Oct 2008 16:49:53 -0000

TV107 bidu is best short in market

Re: $VIX, EWZ

Gio — Mon, 13 Oct 2008 16:51:29 -0000

Resistance is Futile I'm thinking $SPX range between 928-975 Today. Tues, Wed. Break above 975 might get a double shot of new longs and covering.

Re: $VIX, EWZ

Gio — Mon, 13 Oct 2008 17:06:03 -0000

evolnomis ya financials are really lagging...once they join the party later in the day, the dow will probably up near 800...

Re: $VIX, EWZ

Gio — Tue, 14 Oct 2008 06:26:58 -0000

Winace And watch RUT levels 577 and 535 for reversals and rebounds.

Re: CCJ

Gio — Tue, 14 Oct 2008 16:16:18 -0000

http://www.retracementlevels.com/

http://www.retracementlevels.com/

http://www.retracementlevels.com/

Re: CCJ

Gio — Tue, 14 Oct 2008 16:16:52 -0000

http://www.retracementlevels.com/

http://www.retracementlevels.com/

http://www.retracementlevels.com/

Re: CCJ

Gio — Tue, 14 Oct 2008 16:24:57 -0000

INTC
even they beat, I don't think they will give good guidance.

Intel Corp., Microsoft Corp. and the technology companies that so far have escaped the credit crisis relatively unscathed will lose out on as much as $170 billion in sales next year as the crunch catches up with them.

Corporate spending on computers, software and communications equipment may be little changed or fall as much as 5 percent next year as the lending freeze spooks clients, said Jane Snorek, an analyst at First American Funds in Minneapolis who has followed the industry for 13 years. It would be the first decline in the $3.41 trillion market since 2001 after the dot-com bubble burst.

Re: CCJ

Gio — Tue, 14 Oct 2008 16:54:19 -0000

vodka_tonic looking for GOOG to die....go below 300...put spread

Re: CCJ

Gio — Tue, 14 Oct 2008 16:59:18 -0000

some links of interest.........
http://seekingalpha.com/article/99371-why-crame...
http://www.ft.com/cms/s/0/55b32b9e-9888-11dd-ac...

Re: CCJ

Gio — Tue, 14 Oct 2008 17:00:08 -0000

http://www.iht.com/articles/2008/10/12/business...
http://www.economist.com/finance/displaystory.c...

Re: CCJ

Gio — Tue, 14 Oct 2008 17:00:48 -0000

http://online.barrons.com/article/SB12236931000...
http://www.iht.com/articles/2008/10/12/business...

Re: CCJ

Gio — Tue, 14 Oct 2008 17:03:40 -0000

This is crazy...
CSX is down 2.00+ and most of the puts are down big...
What a crazy market...
FDX is down 2.22, and 75 put is down 1.70

Re: CCJ

Gio — Tue, 14 Oct 2008 17:13:11 -0000

TO EVERYONE ...

fwiw (sign of the times) ... at my broker (Interactive Brokers) ... I can see what stocks there are shares available for shorting ... I just looked at my trading screens (several) and I cannot get "any more" short shares for energy, oil, Ag or solar stocks on any my screens (except the XLE) ... they are not available ... this happened in the last 45 minutes ...

I just noticed that many financials are also heavily shorted ...

It may also be useful to know that some MM's, Hedge funds, etc. use Interactive Brokers as their back end ... so this would indicate that there is big money out there shorting energy areas today ...

Re: CCJ

Gio — Tue, 14 Oct 2008 17:16:11 -0000

OMFG Etrade just cost my dad so much! I entered in a put order for him on the SPY at the open . . . and it just sat out there for 15 minutes. I freaked out and tried to close it around 10 AM . . . and the closing order just sat out there. I went back and it appears both orders executed when I entered them, but their garbage system didn't tell me that. It is still screwed up, on one screen it keeps showing the balance as if I never sold the puts, the other shows my balance all in cash. Cost him 20K this morning, since I nailed the ascending triangle break.

This is why I use TOS hands down. I am a developer and I can't believe what kind of crap system it must take to show me the bad information that Etrade is right now. I'm sure he'll be happy, since its over a 10% gain in his account, but what a waste of analysis if my tools don't work.

Re: CCJ

Gio — Tue, 14 Oct 2008 17:17:20 -0000

I delt with the same sort of BS his morning at 9:45. I was trying to sell my MA calls and etrade couldn't enter the orders. It cost me 30% of my potential profit. I got so pissed and liquidated every position in that account. Etrade note poped up and told me to call an 800#. I was on hold for 10 min and then hung up. I currently hate etrade. I also use tradestation, and when I call them a trade specialist answers in one ring. I have to leave etrade.

Re: CCJ

Gio — Tue, 14 Oct 2008 17:24:11 -0000

OH I am *hot* today, baby.

Re: CCJ

Gio — Tue, 14 Oct 2008 17:25:16 -0000

you certainly "hit the nail on the head" ... timing, pricing, sectors, etc. ... you got 'em all right on this counter trend bounce ... nice job

Re: CCJ

Gio — Tue, 14 Oct 2008 17:27:09 -0000

I am targeting 1240 in $NDX for a soft target. I would think about seeing a bottom sometime next week. Should we break 1240 with some fury, I would target 1200, then 1180. Timeframe would remain the same, bottoming, most likely, sometime next week.

I will cover this more in detail tonight.

Re: CCJ

Gio — Tue, 14 Oct 2008 17:28:33 -0000

I used to be a big fan of OTM options. However, with the $VIX in the range that it has been, I don't want to buy overpriced bags of air. I have been trading mostly ATM or 1-2 strikes out (on GOOG, MA, BIDU, FSLR). Basically, I am looking for my ATM option to move a short distance and be ITM, which is when I like to sell them.

And yes, I would be looking at at least NOVs now...

Re: CCJ

Gio — Tue, 14 Oct 2008 17:33:02 -0000

I currently have one 42.5 Jan put on GILD and am up ever so slightly.

Re: CCJ

Gio — Tue, 14 Oct 2008 17:44:17 -0000

http://www.retracementlevels.com/

http://www.retracementlevels.com/

http://www.retracementlevels.com/

Re: CCJ

Gio — Tue, 14 Oct 2008 17:46:26 -0000

The VIX is also still in an up-trend that began after Labor Day. Monday's big 21% drop has not quite broken that trend. If this trend is not clearly broken soon with some additional drops, we will be back to wondering just how many more new highs will it continue to make.

http://seekingalpha.com/article/99825-continuin...

Re: CCJ

Gio — Wed, 15 Oct 2008 05:50:22 -0000

A Fib extention at SPX at 927.455. A stall there would suggest a short cover and a stop and reverse. I am currently mostly cash. Have 4 shorts of which I have taken 1/2 profits on two

Re: QQQQ, 5 DAY fibonacci chart

Gio — Wed, 15 Oct 2008 14:48:35 -0000

buying miners...

SSRI GG RGLD ABK AEM SLW KGC HL

Re: QQQQ, 5 DAY fibonacci chart

Gio — Wed, 15 Oct 2008 14:49:51 -0000

BUYING QLD just to make a few bucks on the run up. Low friction trade. And, errr, not thouands of dollars of commissions (averting eyes)

Re: QQQQ, 5 DAY fibonacci chart

Gio — Wed, 15 Oct 2008 14:51:27 -0000

http://stockcharts.com/h-sc/ui?s=$OEX&p=W&yr=3&...
reply edit reblog

Re: QQQQ, 5 DAY fibonacci chart

Gio — Wed, 15 Oct 2008 14:53:55 -0000

REITS are testing lows right now, could be a good risk reward trade to go long, still a little early, but these could fly. VNO- look at the gap and the three bottoms at $60, could be a great long if we get there

Re: QQQQ, 5 DAY fibonacci chart

Gio — Wed, 15 Oct 2008 14:55:45 -0000

QQQQ gap at 31.32

Re: QQQQ, 5 DAY fibonacci chart

Gio — Wed, 15 Oct 2008 14:57:21 -0000

I predicted on Wednesday night that GOOG goes to 310 very soon. On Friday it traded up to 310.30. Now I say that it finds it new home below 300 latest by next Monday if not this Friday because expiration may prevent it from going below 300.
http://thinkingtrades.blogspot.com/

Re: QQQQ, 5 DAY fibonacci chart

Gio — Wed, 15 Oct 2008 14:58:50 -0000

Wouldn't it be SWEET if they have craptastic earnings after the close tomorrow?

Re: QQQQ, 5 DAY fibonacci chart

Gio — Wed, 15 Oct 2008 15:08:23 -0000

The premiums on the google options is sorta ridiculous..

Re: QQQQ, 5 DAY fibonacci chart

Gio — Wed, 15 Oct 2008 15:13:37 -0000

just when the market broke support at 10:09 I got a call back from Playboy's Women of Wall Street.
http://www.playboy.com/magazine/features/bare-m...

I told em I'd call them back AMC

Re: QQQQ, 5 DAY fibonacci chart

Gio — Wed, 15 Oct 2008 15:16:58 -0000

ha ha... this is good...

anyway guys, I just don't know what has happened there at x-trends... all these fights between posters...

winace was distinguishing himself as usual, I should say....

why don't you guys all just hug and pat each other brotherly instead?

the blogosphere should be a peaceful place... everybody happy, hippy, hippos, etc...

for huns and bears (and for idiots too)

Re: QQQQ, 5 DAY fibonacci chart

Gio — Wed, 15 Oct 2008 15:23:03 -0000

AAPL gap at 97.15

Re: QQQQ, 5 DAY fibonacci chart

Gio — Wed, 15 Oct 2008 17:02:37 -0000

jeff said...

the style of atilla is suited for a professional trader, not a retail trader like me. for me his style is a killer.
bye to you all and i wish u good luck.

Re: QQQQ, 5 DAY fibonacci chart

Gio — Wed, 15 Oct 2008 17:14:43 -0000

Lucky said...

Atilla the Done

I followed one time and lost my life savings.

Re: QQQQ, 5 DAY fibonacci chart

Gio — Wed, 15 Oct 2008 17:15:55 -0000

streetguy said...

Atilla,

my entire profits gained from you have been lost..

Re: QQQQ, 5 DAY fibonacci chart

Gio — Wed, 15 Oct 2008 17:17:52 -0000

Bulls weren't able to defend the 917.92 61.8% retracement level either. It got reached and busted in the final few minutes.

Re: QQQQ, 5 DAY fibonacci chart

Gio — Wed, 15 Oct 2008 17:18:44 -0000

Jawn said...

cant wait to see what atilla has to offer you guys next,

thats if he ever shows his face again.

Re: QQQQ, 5 DAY fibonacci chart

Gio — Wed, 15 Oct 2008 17:22:32 -0000

streetguy said...

what a time for Atilla to disappear...

Re: QQQQ, 5 DAY fibonacci chart

Gio — Wed, 15 Oct 2008 17:25:02 -0000

Vineet said...

HI Guys, Atilla got in at 850 and did say that we'll have a few fluctuations. I'm sure he is well set up to bear this very painful fluctuation. Sorry to hear about the folks on this board

I was up about 60k on monday morning and am back to zero now.

Re: QQQQ, 5 DAY fibonacci chart

Gio — Wed, 15 Oct 2008 17:36:44 -0000

Moontrader Hey guys, I'm going long again, for a quickie:

http://moontrader.wordpress.com

In the last two days I didn't have a decent internet connection, was something like a dial-up thing, so i couldn't even visit my website without having to wait minutes to load up the images. Now everything is fixed, I'm back. Mole, tomorrow we can have our chat.

Re: QQQQ, 5 DAY fibonacci chart

Gio — Wed, 15 Oct 2008 17:46:51 -0000

Looking over the past couple of weeks, I have not held many options longer than 2 days, 5 being my maximum timeframe right now. When the market swings like it has been, nothing to do but shorten timeframe.

Hardly nailed today's entry for AMZN, but I made up for it with yesterday's entries on MA, CF, BIDU, GOOG, FSLR, and CHK.

Also got decent entries today on PBR, PTR, CNX, and GMXR.

Re: FRO, good place to park some cash

Gio — Thu, 16 Oct 2008 14:43:07 -0000

evolnomis moo...what price would u like to see on qld at the close? what will make u super bullish?

Re: FRO, good place to park some cash

Gio — Thu, 16 Oct 2008 14:44:24 -0000

moo if we take out the high of the day. That would make me v bullish for the v
short term.

Re: FRO, good place to park some cash

Gio — Thu, 16 Oct 2008 14:52:37 -0000

QLD

new position
cost: 30.75
stop @ 30.6
increasing QLD position by 66% @31.30

so far market is telling me the position is correct.

will add final 33% @ 31.70

raising my stop on QLD to 31

Re: FRO, good place to park some cash

Gio — Thu, 16 Oct 2008 15:12:31 -0000

Atilla M. Demiray said...

I think we will converge to ES=930 prior to CPI at 8:30 which should cause a spike towards ES=950 that should meet with a pre market sell off

we open above ES=932 at 9:30ET and never look back

suckkas get locked out as usual, providing nice fuel towards 1110 by opex

Re: FRO, good place to park some cash

Gio — Thu, 16 Oct 2008 15:14:07 -0000

market needs no good news because goodness is built in the market, discovery process is taking place (bottoming process)
goodness is that market is fairly valued at 930 based on its forward P/E

like most of the other IT moves, this one overshooted about 100 points (10%+) on the downside... meanwhile suckers are still getting fed with ancient news and capitulating into the strong hands

Re: FRO, good place to park some cash

Gio — Thu, 16 Oct 2008 15:20:15 -0000

Buying
I have trimmed many, many of my positions. I am now going long the market. I am buying QLD, SSO, and OIH. I am keeping a decent number of shorts with responsible, tighter stops.

Re: FRO, good place to park some cash

Gio — Thu, 16 Oct 2008 15:49:42 -0000

UAUA - Booyah!

ABK = LONG =20000

M.A.S.

Re: FRO, good place to park some cash

Gio — Thu, 16 Oct 2008 15:51:19 -0000

tenyeartrader Sold! Out of longs now!

Going short at S&P 950

Re: FRO, good place to park some cash

Gio — Thu, 16 Oct 2008 15:56:57 -0000

Resistance is Futile Went Long COF at 37.63; QLD at 33.71 (maybe too high), RIG at 68.40

Maybe Jana's right about waiting out the rest of the expiry week.

Turn here looks real. although I thought they would wait until after 2:00 tomorrow

Re: FRO, good place to park some cash

Gio — Thu, 16 Oct 2008 15:58:53 -0000

evolnomis volume in QQQQ, SPY, MDY, and IWM already highest of the entire week....more than last 2 days of selloffs...this is a very bullish sign...props to MOO

Re: FRO, good place to park some cash

Gio — Thu, 16 Oct 2008 15:59:42 -0000

hiker short GOOG shares at 337

337.83 to 340.50 is a good selling zone ...but an iffy trade ahead of earnings

Re: FRO, good place to park some cash

Gio — Thu, 16 Oct 2008 16:01:42 -0000

A march towards 1000ish on S&P would be great to bring SDS down for re-load...

Re: FRO, good place to park some cash

Gio — Thu, 16 Oct 2008 16:06:53 -0000

2SWTrading guys, how many of you are playing e-minis here?

are you willing to try to trade them with my system?

I can put up e-mini HOURLY and DAILY.
I think it should work pretty well.

Let me know if you are interested (=send me an email saying: I AM INTERESTED in trading e-mini with your system)
You can send me the email straight from here:
http://kontactr.com/w.php?id=7436&referrer=http...

there need to be some people interested because it takes a lot of time to create the algorithm and the database and I am willing to do it only if there is enough interest

Re: COF

Gio — Fri, 17 Oct 2008 12:28:13 -0000

3percent Can't wait to short it COF once it kisses the 200 DMA and shows the slightest signs of weakness.

Re: COF

Gio — Fri, 17 Oct 2008 12:30:36 -0000

windex "GOOG reports great , IBM talks great, AMD came out wonderful this morning , but futures cratering.

I dont know what is coming but it appears to be, market doesnt give a heck about earnings at this stage

Something bigger than that must be in horizon. Early signs were in place yesterday"

Re: COF

Gio — Sat, 18 Oct 2008 20:23:26 -0000

Haven't watched that one V, in a while. Wouldn't worry about a gap up,
feels like we'll never rally again.

Re: COF

Gio — Sat, 18 Oct 2008 21:21:39 -0000

Everyone is bearish and begging for a bounce which leads me to believe we may not get one yet.

Re: COF

Gio — Sat, 18 Oct 2008 23:12:22 -0000

AZO has always been evil to me on the short side.

It will no doubt plummet if I were to buy the stock.

Re: COF

Gio — Sat, 18 Oct 2008 23:37:57 -0000

hiker a snapback is expected. What happens once the zero line is achieved will be helpful

http://www.technicalwatch.com/cum08/cum101708.htm

Re: COF

Gio — Sat, 18 Oct 2008 23:42:03 -0000

It's reported that the final low of market will be put in the next Friday by CNBC Europe.

Re: COF

Gio — Sat, 18 Oct 2008 23:45:26 -0000

I have another interesting date projection towards the end of the month:

http://moontrader.files.wordpress.com/2008/10/s...

Re: TXN,SHLD,AXP,XLE,DIA

Gio — Mon, 20 Oct 2008 15:12:53 -0000

friday seemed like the turning date in oil
the relative strength compared to other assets was most in days

Re: TXN,SHLD,AXP,XLE,DIA

Gio — Mon, 20 Oct 2008 15:14:29 -0000

USO could retrace to $70

Re: TXN,SHLD,AXP,XLE,DIA

Gio — Mon, 20 Oct 2008 15:22:41 -0000

I am not able to be too bearish with OEX above both 446 and 420 horizontals

http://stockcharts.com/h-sc/ui?s=$OEX&p=W&yr=3&...

the downtrend is not continuing till a move below 446 again.

Re: TXN,SHLD,AXP,XLE,DIA

Gio — Mon, 20 Oct 2008 15:29:39 -0000

VIX
Give it to my resistance level of 57. That seems a little more reasonable.

Skål!

Re: TXN,SHLD,AXP,XLE,DIA

Gio — Mon, 20 Oct 2008 15:31:46 -0000

Aren't breakouts accompanied with 1.5 times average volume?

Re: TXN,SHLD,AXP,XLE,DIA

Gio — Mon, 20 Oct 2008 15:33:21 -0000

57 is the new 35

Re: TXN,SHLD,AXP,XLE,DIA

Gio — Mon, 20 Oct 2008 15:38:01 -0000

Adding more HK puts. USO and OIH are up but stocks like XTO HK CVX are flat.

Re: TXN,SHLD,AXP,XLE,DIA

Gio — Mon, 20 Oct 2008 15:51:10 -0000

Resistance is Futile MTB is short of the year and my broker has no inventory

Re: VIX at 70 is an historical event now.

Gio — Tue, 21 Oct 2008 16:18:31 -0000

which trade are talking about? The 3 year trade? 5 year trade? AAPL is bearish just like the indices over the past year. Good points though. AAPL could easily see $87 tonight.

Re: VIX at 70 is an historical event now.

Gio — Tue, 21 Oct 2008 16:22:11 -0000

AAPL could easily go much lower.

I had these #'s if it drops with volume....ultimately...

1:1.382 = 71.29
1:1.618 = 50.63

Re: VIX at 70 is an historical event now.

Gio — Tue, 21 Oct 2008 16:23:04 -0000

Airlines shorts working nicely now !! Thanks for the alerts guys .

Re: VIX at 70 is an historical event now.

Gio — Tue, 21 Oct 2008 16:25:05 -0000

Dumping some longs back at my e/e (even though they haven't failed), keeping the rest...adding some good looking shorts here, too good to pass up.

Like: HOG, NFLX, KSS, TIF, VSEA, MCHP, PCL to name a few.

Re: VIX at 70 is an historical event now.

Gio — Tue, 21 Oct 2008 16:26:02 -0000

GILD- good for shorting stock. maybe wait for it to move back up a bit before getting in.

Re: VIX at 70 is an historical event now.

Gio — Tue, 21 Oct 2008 16:27:10 -0000

long FCX as well

Re: VIX at 70 is an historical event now.

Gio — Tue, 21 Oct 2008 16:28:21 -0000

I am starting to buy PEP @ 55 ................
and FCX @ 33.00 for a trade

Re: VIX at 70 is an historical event now.

Gio — Tue, 21 Oct 2008 16:29:36 -0000

+1, Winace. Stay on the high road, man. You are being down-pointed badly. I know you don't care--and you shouldn't.

Re: VIX at 70 is an historical event now.

Gio — Tue, 21 Oct 2008 16:31:37 -0000

re-shorted 1/2 position CAL. This brings me back to one full short position

Re: VIX at 70 is an historical event now.

Gio — Tue, 21 Oct 2008 16:33:18 -0000

SHORT SELL LIST
ABT 60.34
ACN 35.24
ALK 24.69
AEP 33.58
AMR 13.34
CERN 39.22
CAL 21.41
D 38.01
DPL 24.76
GIS 70.55
GS 142.01
ICLR 37.76
INFA 14.52
MTD 90.36
NGG 63.32
NBL 50.15
NOC 48.30
STRA 200
SYNA 31.90
TMO 46.64
UAUA 15.85
LCC 9.23
XEL 18.55

Re: VIX at 70 is an historical event now.

Gio — Wed, 22 Oct 2008 00:24:18 -0000

Short list
APA, APC, CEPH, CLF, CNQ, CVX, DO, FLR, FWLT, GILD, GS, ILMN, MOS, OIH, OXY, SOHU

Re: VIX at 70 is an historical event now.

Gio — Wed, 22 Oct 2008 00:52:17 -0000

DBA LONG
http://www.screencast.com/users/investingadvent...

USO LONG
http://www.screencast.com/users/investingadvent...

Re: BHI,DRQ

Gio — Wed, 22 Oct 2008 14:07:48 -0000

berkshire I prefer DB on a break of 42...Target would be mid-30s.

Re: BHI,DRQ

Gio — Wed, 22 Oct 2008 14:08:59 -0000

Moontrader looks like OIH is developing the same pattern as SPY, a sideways triangle before the last move down. I'm gonna post later the chart.

Re: BHI,DRQ

Gio — Wed, 22 Oct 2008 14:19:33 -0000

I am buying DIG (having sold DUG). I believe the US Dollar is going to tumble, and that's going to give oil a lift. I have a tight stop on my DIG position, however - - $27.51.

Re: BHI,DRQ

Gio — Wed, 22 Oct 2008 14:26:44 -0000

I see strong resistance for the dollar and support for oil and gold, along with the OIH forming what should resolve itself as a bullish wedge. So long gold/crude, short airlines is what I'm thinking as well.

Re: BHI,DRQ

Gio — Wed, 22 Oct 2008 14:31:04 -0000

I think if MA gets below 143, it's going to fall hard.

Re: BHI,DRQ

Gio — Wed, 22 Oct 2008 15:49:52 -0000

I am 75% long at 3:41 est going into tomorrow. finished buying at dow 8350

Re: BHI,DRQ

Gio — Wed, 22 Oct 2008 16:14:47 -0000

OH MY GOSH!!!!! I wasn't watching the time and I didn't get my AEM $25 CALLERS!!!!! ARRRRRRRRRRRR!!!!

Re: BHI,DRQ

Gio — Wed, 22 Oct 2008 16:19:22 -0000

hiker yes, above $100...while QQQQ remains below the 31.78 2004 low, it may be hard for AAPL to sustain the rally....careful, AAPL resides above the intersect of two impt trendlines that is has been below much of the last 3 weeks

Re: http://z-stock.blogspot.com/2008/10/sndk-5.html

Gio — Thu, 23 Oct 2008 14:06:24 -0000

I think a sell-off is in store. But it might not be until Friday, or Monday even...have patience, have patience...

Re: http://z-stock.blogspot.com/2008/10/sndk-5.html

Gio — Thu, 23 Oct 2008 14:08:29 -0000

Always watch the trannies. Trains and trucks for inside the US, shippers for the global view. We will touch on some of this once we think downside is nearing an end....which is NOT NOW!

Re: http://z-stock.blogspot.com/2008/10/sndk-5.html

Gio — Thu, 23 Oct 2008 14:39:51 -0000

SPY let me guess...you think the triangle breaks to the upside?

Re: http://z-stock.blogspot.com/2008/10/sndk-5.html

Gio — Thu, 23 Oct 2008 14:42:25 -0000

Erikd thats the way I am managing this trade

Re: http://z-stock.blogspot.com/2008/10/sndk-5.html

Gio — Thu, 23 Oct 2008 14:46:28 -0000

BA is a stock that is on my list o' stocks that I sift through each night. Today it is one of the few that are up pretty good.

Re: http://z-stock.blogspot.com/2008/10/sndk-5.html

Gio — Thu, 23 Oct 2008 14:48:52 -0000

Cov DECK with 13 points

Re: http://z-stock.blogspot.com/2008/10/sndk-5.html

Gio — Thu, 23 Oct 2008 14:50:44 -0000

AAPL has a new name and its called Snapple. sell sell sell

Re: http://z-stock.blogspot.com/2008/10/sndk-5.html

Gio — Thu, 23 Oct 2008 14:59:28 -0000

I saw this at 12:11 and remembered I had been looking at GIS and FDO last night. Thanks. GIS shorted at 66.04.

Re: http://z-stock.blogspot.com/2008/10/sndk-5.html

Gio — Thu, 23 Oct 2008 15:03:57 -0000

getting ready to put a huge position on SRS......housing relates issues just collapsed today
shorting those ultrashort etfs is the best cause of the leakage

Re: http://z-stock.blogspot.com/2008/10/sndk-5.html

Gio — Thu, 23 Oct 2008 15:33:15 -0000

ATR(10) (10 day ATR) as follows...

GNK = 3.87 on $16 = 24%
BG = 6.23 on $35 = 17%
FSLR = 19.2 on $122 = 15%
MA = 16.81 on $132 = 12.7%
ICE = 10.76 on $64 = 16.8%
CHK = 3.78 on $20 = 18.9%
CCJ = 2.15 on $13.65 = 15.75%

Those are the ATR(10) and daily % move. So, if you don't have that for your ATR, then I would say you have crap for charting, but I don't know what "C-R-*-*-P" would spell.

P.S. +1 for checking my work and not just taking it as the holy oracle.

Re: http://z-stock.blogspot.com/2008/10/sndk-5.html

Gio — Fri, 24 Oct 2008 04:53:20 -0000

Gold : long from 720 and adding around 680 .... Crude : still long from 67.00 and short dec 60 puts I expect a range of 60 - 90 over the next 3-4 month....

Re: http://z-stock.blogspot.com/2008/10/sndk-5.html

Gio — Fri, 24 Oct 2008 05:03:58 -0000

the $SPX has, but the $INDU and $COMPQ/$NDX have yet to confirm this. Either way, I think we are only a few more days off at most, and I certainly think that the downside has plenty of room left.

Re: IWM,COP

Gio — Fri, 24 Oct 2008 15:07:23 -0000

TV107 huge call action on FCX today

Re: IWM,COP

Gio — Fri, 24 Oct 2008 15:08:36 -0000

vodka_tonic my sentiment just turned bullish....looking for long opportunities.

Re: IWM,COP

Gio — Fri, 24 Oct 2008 16:31:05 -0000

I don't know, z, the problems are so deep and widespread (i.e., global) that I don't know if anything can pull the rabbit out of this hat before the election. If that's the case, then the trend is down and I will seriously consider the "depression" scenario and buy a couple of guns. On that happy note-- not-- I hope you all have a good weekend.

Sad

Re: IWM,COP

Gio — Fri, 24 Oct 2008 17:12:25 -0000

Winace Far as I see it, if there was a "crash", 10/3 - 10/10 was it. That is the only time in the history of the markets that I can find where a particular event happened that never occurred before in history.

Re: IWM,COP

Gio — Fri, 24 Oct 2008 17:14:11 -0000

Abe Froman I agree. We had 8 consecutive down days beginning 10/1 through 10/10 that took the DOW from a peak of 10,882 to a trough of 7882, about 28% drop to complete the crash from 14198, total drop of about 45%.

The market will like trade in a range for the foreseeable future and I doubt we'll see anymore "crash" days. These 500 point swings are reflective of a VIX in the 70s and 80s.

Re: IWM,COP

Gio — Fri, 24 Oct 2008 17:18:57 -0000

I going long into the weekend....

bought IWM calls
bought GOLD calls
bought GDX calls

Re: IWM,COP

Gio — Fri, 24 Oct 2008 17:23:14 -0000

Went long FXI DIG USO. Still holding FXP, but sold Nov calls for $27.50. (I could not help myself)

Re: IWM,COP

Gio — Fri, 24 Oct 2008 17:30:48 -0000

bot some GG, KGC.

Re: IWM,COP

Gio — Fri, 24 Oct 2008 17:38:56 -0000

SnPMonster
SYNA is a heavyly defended stock, check out the gains from this morning's bottom.

Re: IWM,COP

Gio — Fri, 24 Oct 2008 17:42:02 -0000

The Max Pain for POT..... looks like all the world expects a recovery. Touching the fib at 60 today might make that dream reality.

Re: IWM,COP

Gio — Fri, 24 Oct 2008 23:03:29 -0000

I heard a rumor today that Israel might bomb Iran this weekend. Bush may have given the go-ahead considering how far behind Mccain is in the polls. Would be pretty crazy if THAT was the catalyst for the 2,000 pt drop in the dow on Monday...

Re: IWM,COP

Gio — Sun, 26 Oct 2008 14:53:02 -0000

market sells off on another rate cut. why haven't they cut more before now? market wants higher rates to signal the worst is over.

Re: IWM,COP

Gio — Sun, 26 Oct 2008 16:05:23 -0000

boomer55 20 hours ago 1 point

Molecool, this chart confirms your gold targets. Out right deflation.

Long term chart: http://stockcharts.com/h-sc/ui?s=$CRB:$USD&p=D&...

Makes me want to be long the dollar?

Re: IWM,COP

Gio — Sun, 26 Oct 2008 16:23:53 -0000

The vix in 17 point increments

http://www.stocktock.com/wp-content/uploads/200...

Re: IWM,COP

Gio — Mon, 27 Oct 2008 04:14:37 -0000

TXN had major support at 26, once broken, its done nothing but sell...

I think TXN could reach 13ish, and the longer term target is 26 (previous support acts as resistance).

Re: IWM,COP

Gio — Mon, 27 Oct 2008 04:18:22 -0000

Got it.

Iceland's Kaupthing Bank defaulted in Samurai market.

Well, down Monday.

Re: Econ Cal.

Gio — Mon, 27 Oct 2008 14:33:00 -0000

TV107 last 2 monday closes were meltups in last 15 minutes
trifecta?

Re: Econ Cal.

Gio — Mon, 27 Oct 2008 14:45:38 -0000

berkshire This week is also a FOMC meeting week. Most weeks with FOMC settle out by Tuesday, and frequently don't move much from open of the week until after the minutes are released.

Re: Econ Cal.

Gio — Mon, 27 Oct 2008 15:16:26 -0000

tenyeartrader Buying SSO and GS, tomorrow is the holiday.

Re: Econ Cal.

Gio — Mon, 27 Oct 2008 15:17:00 -0000

Resistance is Futile Covered DECK 5.8% loss -(

Re: Econ Cal.

Gio — Mon, 27 Oct 2008 17:24:14 -0000

Ukla the Mokk 1 hour ago 1 point

BOT +1 AMZN Nov $50 put @ $4.15

Re: Econ Cal.

Gio — Mon, 27 Oct 2008 17:31:02 -0000

Moontrader What a crazy day today. I covered my positions in the morning, quite frustrated with a little profit, then later in the afternoon reopened it. Here's the chart i based my trade on:

http://moontrader.wordpress.com

Re: Econ Cal.

Gio — Tue, 28 Oct 2008 02:59:12 -0000

Winace From the beginning of October, The RUT appears to be repeating history. The lower 16% threshold (movement without retrace) was broken in the last few minutes of trade. This was the only "failed" index from my perspective in recent months. Last time it fell through 16%, it did not stop until 38%. Take that information as you like, but my view of a volatile bullish reversal has become a little narrower.

Re: http://z-stock.blogspot.com/2008/10/clf.html

Gio — Wed, 29 Oct 2008 13:27:23 -0000

Barney's picture
Barney 3X ETFs from Direxion supposed to launch next Tue 4-Nov:

Small Cap 3X Bull/Bear: TNA/TZA
Large Cap 3X Bull/Bear: BGU/BGZ
Financial 3X Bull/Bear: FAS/FAZ
Energy 3X Bull/Bear: ERX/ERY

Re: http://z-stock.blogspot.com/2008/10/clf.html

Gio — Wed, 29 Oct 2008 13:35:57 -0000

And my view is a little whack still, becuase I am only 24 and have no firm grasp upon the "bigger picture." Only now am I starting to see the light.

Re: http://z-stock.blogspot.com/2008/10/clf.html

Gio — Wed, 29 Oct 2008 13:38:54 -0000

only recently, when I have started trading OTM options that cost 1K+ have I not been willing to risk the entire premium (when I started similar options I traded were between $100 and 250$ a contract, now I look for between $500 and $1K). Now using the full premium for my risk is too much,

Re: http://z-stock.blogspot.com/2008/10/clf.html

Gio — Wed, 29 Oct 2008 13:47:00 -0000

TV107 we didnt dip enough imo to rally on fed decision
but i say its 50-50 where we close
i say we set new lows below and close 910 although vix analysis says we rally

Re: TGT,IWM

Gio — Wed, 29 Oct 2008 16:18:21 -0000

srains99 I am going to hold onto my massive 100 shares of sds until tomorrow and see what the crazy trading day brings. I was too much of a pussy to short visa. Cost of my SDS is $85.43

P<S< hey srains, I'm reblogging all my Disqus friends comments, from my Disqus friends main page___zee

Re: TGT,IWM

Gio — Wed, 29 Oct 2008 16:19:34 -0000

MAS "I don't think the solars will be the first to lead, but their time will eventually come and it will be massive. Could be a couple months from now or a year from now. But it will be a certainty. Don't listen to idiots that say alternative energy is a fraud or scam or is dead. They are the ones who will be dead wrong, just like the morons at Goldman Suk[s] said that oil was headed to $200 last year."

---AGREED-----

big time bargains in SOLAR for the IRA down here
Gobble,Gobble, Gobble..Indeed
---Cheers
M.A.S.

Re: TGT,IWM

Gio — Wed, 29 Oct 2008 16:20:17 -0000

evolnomis congrats moo and tim...another great call on shorting QQQQ

Re: TGT,IWM

Gio — Wed, 29 Oct 2008 16:22:31 -0000

Eldar Bob Did you own LVS? Great if you did. Do you like the gaming issues at these prices?

Re: TGT,IWM

Gio — Wed, 29 Oct 2008 16:29:06 -0000

IamLegend06 Ideas: BIG, FFIV, OSIP, SGMS, XTO, COV, ODFL, VAR, HOC, CPRT, DBD, DF, KCI, UPL, TTC, AMAG, CLR, COG, FSYS, ABI, ALNY, CBE, TK, TRA, ACOR, ARG, NUE, TSRA, TTEK, SQNM, FLS, LII, AOC, CRDN, NOV, PCL, SGY

Adding some shorts here at possible resistance(e/e), bot and sold some T, and cash.

Re: TGT,IWM

Gio — Wed, 29 Oct 2008 16:30:00 -0000

lisa Try www.stocktiming.com

Re: TGT,IWM

Gio — Wed, 29 Oct 2008 16:31:31 -0000

Adam_G Are you holding onto CME calls tonight? IV has been coming down for the last couple of days.

Re: TGT,IWM

Gio — Wed, 29 Oct 2008 16:32:54 -0000

MAS Charlie Gabarino at it again...hmmmmm!
BUY the rumor SELL the NEWS!!!

SOLD MY CASINO HOLDINGS!
LONG
MBI and ABK....!

Re: TGT,IWM

Gio — Wed, 29 Oct 2008 16:34:01 -0000

lisa If you think the bottom is in please think twice. We are going much lower from here. The economic pictures tell all. Please read the link below.

Re: TGT,IWM

Gio — Wed, 29 Oct 2008 16:34:49 -0000

Barney 3X ETFs from Direxion supposed to launch next Tue 4-Nov:

Small Cap 3X Bull/Bear: TNA/TZA
Large Cap 3X Bull/Bear: BGU/BGZ
Financial 3X Bull/Bear: FAS/FAZ
Energy 3X Bull/Bear: ERX/ERY

Re: TGT,IWM

Gio — Wed, 29 Oct 2008 16:41:12 -0000

Bought HQD (similar to QID) at almost the top.
Sold half of my HXU exposure for a profit (after averaging hella down on that, won't do that again), and scalped HEU (another Betapro ETF; energy) for a nicely profitable day.

Re: TGT,IWM

Gio — Wed, 29 Oct 2008 16:42:21 -0000

shorted a whole bunch of SSOs and covered into close, and bought a few puts, it could not have setup better than this for a shorter

http://stockcharts.com/h-sc/ui?s=SSO&p=15&yr=0&...

Re: TGT,IWM

Gio — Wed, 29 Oct 2008 16:43:37 -0000

3percent
Went short on COST, CRM & MMM.

Re: TGT,IWM

Gio — Wed, 29 Oct 2008 16:54:53 -0000

moo 45 minutes ago 2 points

Please login to rate.

Do you already have an account? Log in and claim this comment.
adding 50% to IWM put

Re: TGT,IWM

Gio — Thu, 30 Oct 2008 14:32:17 -0000

HeadNShoulder Short Chevron..........

Re: TGT,IWM

Gio — Thu, 30 Oct 2008 14:32:59 -0000

berkshire These were put plays. From here, I expect the upside to be fairly limited. So when I saw stocks open up $25 high (in the case of FSLR) and the $VIX down, I had to grab a few puts. I still think these plays will be explosive in the coming day or so, and buying while the $VIX is down is a key right now.

Re: TGT,IWM

Gio — Thu, 30 Oct 2008 14:55:33 -0000

I have a Nov 30 put on ILMN that I'm currently in the red on. I am willing to add an additional contract to this if it shows another good entry. But my stops will be tight. I screwed up and didn't get as good a fill as I could have (only by $0.05, but every bit counts), so I'll be watching closely...

http://screencast.com/t/vW9JcgYaJ

Re: UNG,MON,HPQ,RTH

Gio — Thu, 30 Oct 2008 16:26:25 -0000

Looks like we might get a little selling going into the close. Keep an eye on that list mentioned earlier. MA and BIDU are looking pretty good here, among others....

Re: UNG,MON,HPQ,RTH

Gio — Thu, 30 Oct 2008 16:29:30 -0000

FYI, here is how I have that diamond pattern on SPX drawn, and it looks like it may be breaking out to the downside. The other lines are from the triangle and a fib retracement.

http://screencast.com/t/MPkHi8qk7W

Here's hoping, but I've get my stops ready.

Re: UNG,MON,HPQ,RTH

Gio — Thu, 30 Oct 2008 16:30:41 -0000

I looked at CVX but it has earnings coming out tomorrow before the open.

Re: UNG,MON,HPQ,RTH

Gio — Thu, 30 Oct 2008 16:33:39 -0000

evolnomis i added to my QQQQ put at the close...it will have a very right stop though...the daily chart just looked too perfect for a short not to take the risk...u jump in?

Re: UNG,MON,HPQ,RTH

Gio — Thu, 30 Oct 2008 16:34:27 -0000

stk You seem right. I too bought bunch of index puts at the close.

Re: UNG,MON,HPQ,RTH

Gio — Thu, 30 Oct 2008 16:44:05 -0000

Sold CLR...catch it again on a pull back.

Re: UNG,MON,HPQ,RTH

Gio — Thu, 30 Oct 2008 16:45:04 -0000

Definitely cleaned up today

Re: UNG,MON,HPQ,RTH

Gio — Thu, 30 Oct 2008 16:46:18 -0000

HUN making a possible ascending triangle
FCF looks like it's climbing slowly on an ascending trendline

Tiny stocks but liquidity seems ok

Re: UNG,MON,HPQ,RTH

Gio — Thu, 30 Oct 2008 16:47:14 -0000

HUN looks awesome...if it pulls back towards 13.50, I'm in for my wife's IRA.

Right now, long: NUE, CLR. Short: PETM, TK. All mentioned yesterday.

Re: UAUA

Gio — Fri, 31 Oct 2008 14:29:38 -0000

heya ZEE, sounds great but will they ( GNK 24% dividenD)
survive the wash out?
DRYS=gobble gobble down here!
M.A.S.

Re: UAUA

Gio — Fri, 31 Oct 2008 16:08:26 -0000

anything is possible
spy close over 100 or below 93
this could be final extention of the "second big bounce" and it will end midday today into european close

retracement to 910 to reload to 1000 over 2 weeks is my hope

Re: UAUA

Gio — Fri, 31 Oct 2008 16:14:14 -0000

HeadNShoulder Massive selloff of TLT at 15:35

Re: UAUA

Gio — Fri, 31 Oct 2008 16:15:41 -0000

Ukla the Mokk The diamond pattern on SPX we mentioned yesterday broke to the upside, which means we have a target of the depth of the leg that led into the diamond. Here's a 10-day, 10-minute chart I included to make things even more confusing and clear as mud. But it supports the notion that we're going higher. I feel that we're due for a little pullback before pushing much higher, but what the hell do I know?

http://screencast.com/t/XQumSwFTmeX

Re: UAUA

Gio — Fri, 31 Oct 2008 16:32:24 -0000

Sold NUE and TK. Still in PETM....done for the week.

Re: UAUA

Gio — Fri, 31 Oct 2008 16:35:42 -0000

Stopped out of DXO 1 hour before the spike...

Re: UAUA

Gio — Fri, 31 Oct 2008 16:36:59 -0000

70% cash
3 longs
1 short (GLD)

Re: UAUA

Gio — Fri, 31 Oct 2008 16:38:10 -0000

b_rad 3 hours ago 2 points

anyone shorting UAUA @ 16?

Re: UAUA

Gio — Fri, 31 Oct 2008 16:39:23 -0000

Wow, this looks like a nice setup.

Re: UAUA

Gio — Fri, 31 Oct 2008 16:56:04 -0000

Bigtime breakout of DJI above what I have as R1 daily pivot 9308.68 plus a series of higher lows and higher highs (intraday on a 15-minute candle chart). Let's see if it sustains itself.

http://screencast.com/t/O1mKvqJ6

Re: UAUA

Gio — Fri, 31 Oct 2008 16:58:12 -0000

another solid day of buying as the market is solidly moving up with conviction. these sell-offs are very orderly for the first time in months.It is clearly a sign that we will move up and continue to rally. recognize that the pattern of buying and selling is shifting to HIGHER equities going forward. do not stay paralyzed as thier is easy profits to be made right now!

Re: UAUA

Gio — Fri, 31 Oct 2008 16:59:09 -0000

Just like I tell Beanie...Lower highs are not conviction. I agree with you that we are moving up, and there is even maybe a little more upside. Wave pattern or not though, this is only a short term bottom, and we will likely be falling again soon.

Skål!

Re: UAUA

Gio — Fri, 31 Oct 2008 17:03:12 -0000

Trade Chart Patterns Like the Pros by Suri Dudella
Dudella's book is AWESOME because it is zero theory and page after page after page of candlestick patterns and how to trade them. I get SO sick of authors/traders who write a book and the book is 95% theory and 5% (if you're lucky) on how to trade, how to manage risk, ways to "repair" a trade, etc. In fact, I've used Dudella's book so much, I may have to order another before too long as I'm wearing out the binder. By the way, Dudella's book is only available at his website (www.surinotes.com).

Re: UAUA

Gio — Fri, 31 Oct 2008 17:09:02 -0000

let's not forget that IWM has just risen more in 4 trading days than it did in the 2+ month April/May rally. We're could be set up for a major leg down in a matter of days or weeks.

Re: UAUA

Gio — Fri, 31 Oct 2008 17:11:05 -0000

I also bought a small SPY call position to hedge my many shorts that are sitting just under the MA or just at resistance. Monday should be a good tell if these charts blow by resistance or use it. I could really use 1 good hard down day Monday!

Re: UAUA

Gio — Sat, 01 Nov 2008 00:22:45 -0000

CNBC Breaking News: Citi loses $1.4B in credit card securitizations in Q3. Credit cards are next people. Have a great weekend.
http://www.portfolio.com/news-markets/national-...

Re: UAUA

Gio — Sat, 01 Nov 2008 00:26:38 -0000

happy halloween and i am bearish again http://upsidetrader.blogspot.com/2008/10/oooooo...

Re: UAUA

Gio — Sat, 01 Nov 2008 00:34:42 -0000

SPY chart

http://3.bp.blogspot.com/_NOVV_qpBVl4/SQuZKHMZ7...

Re: UAUA

Gio — Sat, 01 Nov 2008 00:47:29 -0000

Moreover, the intensification of financial market turmoil is likely to exert additional restraint on spending,
Spanish retail sales in September fell 5.6%
October's figure was well below June's plus 31, indicating consumers think the inflation peak has passed.
The market is technically approaching overbought levels.

Re: UAUA

Gio — Sat, 01 Nov 2008 00:54:42 -0000

Gary said...

It might but I'm leaning toward the weekly cycle in the dollar having topped.

Re: UAUA

Gio — Sat, 01 Nov 2008 01:01:18 -0000

"I am like an air-traffic controller with five planes trying to land at once. And they are all on fire," said Gregory Segall, managing partner at Versa Capital Management Inc., a $1 billion distressed-investment fund in Philadelphia. "Our greatest competition to do a deal is liquidation, getting the deal done before the bank or lender pulls the plug on a company," he said. Through the first nine months of 2008, Standard & Poor's Corp. said that 66 companies have defaulted on $218 billion in rated corporate debt.

Re: UAUA

Gio — Sat, 01 Nov 2008 01:05:01 -0000

We looked at LVS, which closed at $10.38 and the play is to buy the stock, sell the Nov $10 call for $2.58 (prices at close) and also sell the Nov $10 puts for $2.20. As you are collecting $4.78 in credits, the net cost of entry is $5.60.

There are two possible outcomes on Nov 21st (option expiration day): If LVS closes above $10, you will be called away from your position at $10, a 78% gain off your $5.60 entry. You will not owe your put holder any money as the stock is over the $10 strike price. If the stock finishes below $10, you will not owe your caller any money but an additional round of LVS shares will be put to you at $10. That $10 plus your $5.60 net entry on the first round will put you into LVS for an average cost of $7.80, which is a 25% discount off the current price. So the point to this trade is - as long as you feel you wouln't mind owning LVS for $7.80 long term - this is not a scary play at all! These are the kind of trades you SHOULD be making in these markets, taking advantage of the fears of others that is causing implied volatility to skyrocket.

Re: UAUA

Gio — Sat, 01 Nov 2008 01:45:25 -0000

You can either buy First Solar, Inc. (FSLR: 143.70 -0.26%) or (TAN: 10.40 +4.84%) which is the only 100% solar ETF out there, where there biggest holding is FSLR. JASO is not acting the way I want it right now, I don’t know, I feel it should be at least back at $7+. Anyway, I made room to make my first position in solars in November in my portfolio (long commodities, short equities, long banks, short real estate, blah blah). I’m waiting for FSLR to break 150 on follow-through volume.

Re: UAUA

Gio — Sat, 01 Nov 2008 02:07:50 -0000

The IWM hit the 20% extension, a record ETF extension
The current drop expected from the top of the run on IWM is between 6 and 6 1/2%. My expectation would be a considerable down day for Monday. Have a good weekend!

Re: UAUA

Gio — Sat, 01 Nov 2008 02:54:07 -0000

ING gasping for air: Shares of this global insurance giant ING have plunged nearly 80% this year. The most recent blood-letting struck after the company announced it lost a staggering 1.6 billion euros ($2 billion) on stocks, bonds, structured credit and real estate. Result: It's grabbing 10 billion euros as part of a large Dutch government bailout package.

Re: UAUA

Gio — Sat, 01 Nov 2008 02:59:22 -0000

I bought 8,500 American Vanguard Corp. (AVD: 14.63 +3.76%) @ $14.60.

Re: UAUA

Gio — Sat, 01 Nov 2008 03:02:37 -0000

I don’t know when the rally will end (Thanksgiving); however, I will tell you, the inverse etf world is getting rocked.

(EEV: 86.90 -1.25%) , (FXP: 89.00 +2.26%) and (SKF: 124.38 -9.36%) have suffered mightily the last few days. Maybe, just maybe, they are due to bounce.

Re: UAUA

Gio — Sat, 01 Nov 2008 03:07:43 -0000

2002 low of 769 on the S&P
Realize that stocks have trouble just making it back up to their 50 dma
NUE poised to break bearish resistance at $42

Re: UAUA

Gio — Sat, 01 Nov 2008 03:11:41 -0000

YGE: Bought @ 5.30
My target here is $8.00.
I did add to my position in W&T Offshore, Inc. (WTI: 19.17 +1.27%) on this dip.

Re: UAUA

Gio — Sat, 01 Nov 2008 03:16:57 -0000

according to a Tesla Motors insider, the company has only $9mil left in the bank and thus may run out of money before delivering on all of its existing orders

Re: UAUA

Gio — Sun, 02 Nov 2008 13:26:09 -0000

Which industries benefit or hurt from the presidential results?
http://biz.yahoo.com/ap/081102/candidates_busin...

I give this link 5/5 for importance ZEE

Re: UAUA

Gio — Sun, 02 Nov 2008 13:48:53 -0000

2SWTrading T1=1239.16
B=1169.78
T2=1334.78

if you use a LINE CHART is easier to see T1,B and T2

Re: UAUA

Gio — Sun, 02 Nov 2008 13:49:52 -0000

chaunceyherbie Oh yeah, I remember you saying that in the tutorial. I see how it works a lot more clearly now. If I'm understanding it the sequence to determine T1, B and T2 is:
1. set your chart ot LINE CHART
2. T2 is most recent high
3. B is prior low
4, T1 is prior high from B

Re: UAUA

Gio — Sun, 02 Nov 2008 13:56:39 -0000

2SWTrading the NDX calculator is available on the site.

www.retracementlevels.com

in the email for now I only present the SPX

Re: UAUA

Gio — Sun, 02 Nov 2008 13:58:54 -0000

gary Of course anything is possible but I can't find any bear market rallies that lasted less than a month. Typically the deeper the decline the higher the bounce. We just saw historys most severe decline. To expect the market to immediately fall apart without first bouncing high enough and long enough to turn everyone bullish seems a bit of a stretch. I really doubt there will be many profitable shorting opportunities other than intraday till at least the end of the year and maybe into Feb or March. The market does have a history of intermediate bottoms in the Mar/Apr time frame. Continuing to press the short side after the incredible profits recently might be the recipe to give back a big chunk of those profits.

Re: UAUA

Gio — Sun, 02 Nov 2008 16:30:23 -0000

Eldar Bob My oscillators suggest we are at an intermediate low on INDU, SPY, and RUT. The Trannies seem a bit ahead of themselves and have not been hammered as much as the rest of the market. Looking at NSC as a classic short for Monday.

Re: UAUA

Gio — Sun, 02 Nov 2008 22:19:11 -0000

Plan to watch positions Monday.
Potential Short Candidatest: ABT, AGA, AZO, CLX, D, DX spot, ESRX,, NSC, PNC, PSYS, SQNM, STRA, TRV, VPHM, WFC, WR, XEC, XOM, ZION,

Current positions in this trading account: one position each in CAH , CVD, DE, FXI, LRCX, PH, SSO, PH.Token positions in ING, LVS. Cash 35%

Re: UAUA

Gio — Sun, 02 Nov 2008 22:27:02 -0000

I'm long SLV and EEV. 85% in cash in my 401K, 15% in SLV and looking for some market direction before committing that 85%

Re: IWM

Gio — Mon, 03 Nov 2008 11:33:58 -0000

DRYS = blow out EPS
way too cheap in the teens!

SLD 1000 HIG @ 13.00

BHT 5000 CLNE @ 8.00 avg

Added 2500 SOLF @ 6.50

Re: IWM

Gio — Mon, 03 Nov 2008 12:04:57 -0000

Ukla the Mokk I'm in with a put on V.

Re: IWM

Gio — Mon, 03 Nov 2008 12:07:03 -0000

Eldar Bob Long 1 position ITRI @ 50

Re: IWM

Gio — Mon, 03 Nov 2008 12:09:05 -0000

Eldar Bob Shorted 1 position D. Very frustrated that there was no short inventory for NSC.Sold 1/2 CVD for free trade on remaining shares

Re: IWM

Gio — Mon, 03 Nov 2008 23:00:07 -0000

DKS - Great short setup if you like easy trades. Retail sucks.

his signal to noise ratio is 95%---19 personal info__I don't give a sh^^--to one trade recommendation.--zee

here's his maion disqus page
http://disqus.com/people/KillinMe/#main

Re: IWM

Gio — Mon, 03 Nov 2008 23:01:30 -0000

JWBlack Thanks for that idea. Looks good.

Re: IWM

Gio — Mon, 03 Nov 2008 23:02:22 -0000

berkshire Well, I like shorting CHK, BG, POT, CF, and even MON. IPI was my secret Ag bounce weapon, but it is starting to look nice as a bear flag.

Re: IWM

Gio — Mon, 03 Nov 2008 23:03:23 -0000

PLCE - Nice short right at resistance at $33.50. Stoch & MACD are both high & looking to fall...

Re: IWM

Gio — Mon, 03 Nov 2008 23:04:08 -0000

UTHR - Nice short setting up. Declining vol on the rise in price. $90 seems like some descent resistance. Maybe a little higher to the diagonal downline?

Re: IWM

Gio — Mon, 03 Nov 2008 23:04:42 -0000

molecool Looks good to me actually.

Re: IWM

Gio — Mon, 03 Nov 2008 23:06:05 -0000

The other thing I overlooked is that FSLR is hitting the upper band on the bollingers. I have them set up to not be a distraction on my chart, which unfortunately makes them easier to overlook...but thats another check in the box for a put play on FSLR.

Re: IWM

Gio — Mon, 03 Nov 2008 23:14:30 -0000

MA earnings...MA is up around $11 after hours. Likely won't be completely reversed tomorrow, but "odds" look good for a turn down this week.

Re: IWM

Gio — Mon, 03 Nov 2008 23:15:38 -0000

moneyfarm I think AZO looks like a decent short candidate. It has made a nice retracement to OH supply and has fib resistance around 124.40. It has also rallied on unimpressive volume and failed to retake it's declining 50 dma on a daily chart. I may short on any strength up to 124 range. Thoughts?
Thanks

Re: IWM

Gio — Mon, 03 Nov 2008 23:17:24 -0000

Fed survey shows massive credit tightening continues--

Look at mortgage rate today is 6.41% compared to 6.08% last week. That showed the credit is not easing but tighter. That's why the market is in trouble to going up. If foreign countries do not buy the US bond US has to pay higher interest to bond buyers. That will be an other shoe to drop. It will be ugly soon. Mark my word

Re: IWM

Gio — Mon, 03 Nov 2008 23:21:46 -0000

Fib lines for RIMM
http://www.screencast.com/users/UklatheMokk/fol...

The orange lines are long-term fibs with the 61.8% lingering just above at about the $57 level.

Re: IWM

Gio — Mon, 03 Nov 2008 23:49:09 -0000

Here are my thoughts on FSLR. Overbought on short term, rallied 60% in 5 days, approaching resistance, one of my favorite stocks, and waning momentum. $180 would be the maximum for a simple [ABC] correction, however that MAY cause some overlap issues.

daily - http://screencast.com/t/nUihQpEy6n
60d/60m - http://screencast.com/t/lhSnH7uV

Re: IWM

Gio — Tue, 04 Nov 2008 01:00:41 -0000

Ukla the Mokk Here are my main items of interest for put plays tomorrow...
DE - http://screencast.com/t/rLahK4er72D

Re: http://z-stock.blogspot.com/2008/11/ewz.html

Gio — Tue, 04 Nov 2008 22:43:35 -0000

STOP PUSHING ALT ENERGY
spwra just warned
the sector is gonna get destroyed tomorrow

Re: http://z-stock.blogspot.com/2008/11/ewz.html

Gio — Tue, 04 Nov 2008 22:45:58 -0000

11/04/08 07:40pm
[SPWRA] SunPower Corporation Guides
Q4 $0.58-$0.65 v $0.75e,
R$388M-$418M v $417.6Me;
Guides FY09 EPS atleast $3.00 v $3.43e,
R$2B-$2.1B v $2.05Be;
Cites the drop in EUR/USD

it should get at least a 20 % haircut on this news

Re: http://z-stock.blogspot.com/2008/11/ewz.html

Gio — Wed, 05 Nov 2008 00:48:03 -0000

enter at that candle's close or the next candle's open. THAT is a trigger. Follow it!).

APC - http://screencast.com/t/f34eAWbQ
BA - http://screencast.com/t/pctaXu6Uz
UAUA - http://screencast.com/t/8waGLDCW

Re: http://z-stock.blogspot.com/2008/11/ewz.html

Gio — Wed, 05 Nov 2008 01:03:00 -0000

Tomorrow I will get some (QID: 60.38 -6.50%) , and more (TWM: 93.25 -1.84%) and (MZZ: 86.25 -4.29%) . I’m still long (SMN: 62.80 -11.55%) , but will not add to it.

Re: http://z-stock.blogspot.com/2008/11/ewz.html

Gio — Wed, 05 Nov 2008 01:07:35 -0000

I only voted against all bond issues because California is bankrupt.

Re: http://z-stock.blogspot.com/2008/11/ewz.html

Gio — Wed, 05 Nov 2008 01:13:26 -0000

I’m a republican and we fucked up. If you are looking for reasons use a mirror. People did not cast their votes against McCain. People cast their votes against George “the Moron” Bush. People will pay for it (their new tax bill is in the mail).

Bible thumping imbeciles get your own party. Sorry/.

Re: http://z-stock.blogspot.com/2008/11/ewz.html

Gio — Wed, 05 Nov 2008 01:14:10 -0000

boca Says:

It’s looking a lot like Victory, Johnny Drama style.

I’ll be chuckling every time somebody from fox news has to contort themselves and pucker up to kiss the skinny ass that’s going to be in the oval office.

Re: http://z-stock.blogspot.com/2008/11/ewz.html

Gio — Wed, 05 Nov 2008 01:15:23 -0000

Scully Says:

Junk

You really believe Obama is the…’stupidest human being in the entire senatorial septic tank’? Really?

Take it from somebody who published on a competitive Law Review in an earlier decade — as President of the Harvard Law Review — he’s clearly intelligent. Period.

Re: http://z-stock.blogspot.com/2008/11/ewz.html

Gio — Wed, 05 Nov 2008 01:16:26 -0000

Eye No Stuff Says:

I just puked. Just saw Reid adn Pelosi on Fox. Sorry.

Re: http://z-stock.blogspot.com/2008/11/ewz.html

Gio — Wed, 05 Nov 2008 01:17:32 -0000

JakeGint Says:

Boomer,

Shoot your other foot while you’re at it.

Asshat.

May the “new communism” sweep a nice fat state income tax into Tennessee.

You deserve it.

Re: http://z-stock.blogspot.com/2008/11/ewz.html

Gio — Wed, 05 Nov 2008 01:19:48 -0000

A New Era Says:

Jake - do you ever have an original thought or do you defer to your republican handbook on everything?

Re: http://z-stock.blogspot.com/2008/11/ewz.html

Gio — Wed, 05 Nov 2008 01:22:13 -0000

go die a miserable death - you Republican Pricks.

Re: http://z-stock.blogspot.com/2008/11/ewz.html

Gio — Wed, 05 Nov 2008 01:33:04 -0000

egregious Says:

To the losers:

Please, stay bitter. Post a lot of stupid, racist Limbaughian “dittohead” shit all over the blogs for the next eight years.

Whatever you do, don’t examine the failures of the imbecile leaders who brought you to this point or your know-nothing anti-intellectual ideology. Don’t ask how you went from being the party of Abraham Lincoln to the party of choice for uneducated rednecks.

Re: http://z-stock.blogspot.com/2008/11/ewz.html

Gio — Wed, 05 Nov 2008 01:35:11 -0000

alf44 Says:

“jake-the-plumber”…deal with it…ASSHOLE !!!

Re: http://z-stock.blogspot.com/2008/11/ewz.html

Gio — Wed, 05 Nov 2008 01:36:01 -0000

alf44 Says:

Jake…go to bed !!!

You’re making a damn fool of yourself !!!

Re: http://z-stock.blogspot.com/2008/11/ewz.html

Gio — Wed, 05 Nov 2008 13:11:51 -0000

I don't see your triangle, but I like DRYS as a short @ 25 or on a break of rising diagonal resistance.

Re: BBY

Gio — Wed, 05 Nov 2008 14:00:09 -0000

Shorted GIS at 66.39 and shorted ICE at 86.48

Re: BBY

Gio — Wed, 05 Nov 2008 14:09:28 -0000

Re-shorted ARO at 22.90

Re: BBY

Gio — Wed, 05 Nov 2008 15:55:19 -0000

qqqq MIGHT HAVE OVERNIGHT SUPPORT AT THE 32.2, tough to call though

Re: BBY

Gio — Thu, 06 Nov 2008 00:41:29 -0000

Wait with cash, pick your spots. A 500 point drop seems like a nice pullback, just remind yourself how it felt when it seemed like everyday for a week we got a 500 point pullback.

Re: BBY

Gio — Thu, 06 Nov 2008 01:34:22 -0000

http://img73.imageshack.us/my.php?image=2008110...

Good post. Assuming we open lower tomorrow (as futures indicate): If we're going to bounce, it will be at the Fibbonacci retracement at SPY 94.13. If that level fails, we'll test at least 890 imo

Re: BBY

Gio — Thu, 06 Nov 2008 01:36:15 -0000

link fixed here
http://img73.imageshack.us/my.php?image=2008110...

Re: STP

Gio — Thu, 06 Nov 2008 14:03:27 -0000

LNN - Another good put setup in a stock which has an average decline of 35%. Target $33.

Re: STP

Gio — Thu, 06 Nov 2008 14:06:54 -0000

Apple has the same triangle pattern too. if it beaks 98 look out below.It could go down to the 60's. Any thoughts on this?

Re: STP

Gio — Thu, 06 Nov 2008 14:11:31 -0000

For those with a very small timeframe, FSLR is getting close to support. I am thinking about taking down another (put) contract on it right around here.

Re: STP

Gio — Thu, 06 Nov 2008 15:44:30 -0000

FSLR fan chart
http://www.screencast.com/users/Growler52/folde...

Re: STP

Gio — Thu, 06 Nov 2008 15:46:45 -0000

evolnomis i just took profit from IWM puts...felt bad taking a profit as the market still looks quite weak..but after scanning the charts, i do see that the pullback looks very satisfactory for most charts...and with stops so far away, i am playing it safe like tim. a profit is a profit...

Re: STP

Gio — Thu, 06 Nov 2008 15:48:24 -0000

toad37 I think we may be compressing into a big rally tomorrow. We'll see. I nibbled on 100 shares of SSO. Playing small. ;0)

Re: STP

Gio — Thu, 06 Nov 2008 15:49:34 -0000

Greg Yeah, when the new jobs report comes out tomorrow at about 350,000 lost, new highs will be a ways off.

Re: STP

Gio — Thu, 06 Nov 2008 23:37:19 -0000

traderbean I think the market reaction today is a liar liar...

Re: STP

Gio — Thu, 06 Nov 2008 23:39:41 -0000

Barney Re: FXI (and FXP)

The Xinhua China 25 Index consists of 25 large cap Chinese companies ie the Dow Jones of China.

More info with 25 components and their weighting in the Index:
www.wikinvest.com/stock/IShares_Trust_FTSE-Xinh...)

Re: STP

Gio — Thu, 06 Nov 2008 23:43:38 -0000

VXN, VXO, VIX all in Bullish buy territory.

Re: STP

Gio — Thu, 06 Nov 2008 23:58:01 -0000

Only one holding for me - long SLW. I'm guessing we pop or chop... but I'm not seeing another big drop tomorrow.

Re: STP

Gio — Fri, 07 Nov 2008 00:02:43 -0000

Gio Says:

i will be buying some energy names

I’m also considering a few of these buyonthedips…

EYE, MEA, QSII, GMXR

Re: STP

Gio — Fri, 07 Nov 2008 00:04:24 -0000

Wow, 2000 contracts on the November 12.50. that is a big bet for a small cap fund. Maybe they saw the support in FSLR at 137?
Anyone notice the massive call buying in the 12.50 strike on TAN?

Re: STP

Gio — Fri, 07 Nov 2008 01:57:40 -0000

IWM BULLISH DIVERGENCE

http://www.screencast.com/users/GumboYaYa/folde...

Re: STP

Gio — Fri, 07 Nov 2008 12:27:10 -0000

added 4000 COIN @ 6.72 avg in the IRA
GNW=Sniff Sniff!!!
added 5000 AIG @ 2.14
SLD 10000 ABK @ 1.84

Re: STP

Gio — Fri, 07 Nov 2008 12:29:00 -0000

u got out early buddy
http://beanieville.blogspot.com/2008/11/suck-on...

Re: STP

Gio — Fri, 07 Nov 2008 12:29:50 -0000

nahh...still holding 10k

Re: MO

Gio — Fri, 07 Nov 2008 14:41:18 -0000

TenYear Its time to buy. Not much on the economic calendar next week. Look for institutions to continue their reallocation next week. They are buying the following:
MS
AA
XLE (all energy and alternative energy)
UNH
GILD
BNI
GS
AAPL

Re: MO

Gio — Sat, 08 Nov 2008 22:12:36 -0000

I have been looking over lots of charts this weekend, and feel confident we are going higher (DOW 10,200-10,500 area) before the next big fall. I am a bull come Monday, and will be selling the few puts I have left. Lots of reversal patterns forming, bullish divergences on 90% of the charts I see & on the indexes, etc.

Sorry if that is counter to the wave cycle, but that is what my gut is telling me.

Re: MO

Gio — Sat, 08 Nov 2008 22:14:56 -0000

kkmoney is this the guy? he is pretty good, stopped watching his videos recently, but good for scalping futures strategy imo

http://www.youtube.com/watch?v=RA7LlM8VL9Q

Re: MO

Gio — Sat, 08 Nov 2008 22:16:02 -0000

I found this chart of Burlington Norther I just drew pretty interesting...very Macro picture, but interesting how it seems all downturns have taken it below the midpoint of the channel. Haven't crossed over quite yet...The 10 yr fibs are interesting too as we have just bounced between a couple of them in the past few weeks

http://kkmoney.blogspot.com/2008/11/burlington-...

Re: MO

Gio — Sat, 08 Nov 2008 22:17:46 -0000

http://kkmoney.blogspot.com/2008/11/burlington-...

Re: MO

Gio — Sat, 08 Nov 2008 22:26:23 -0000

Greg I'm sitting all in cash over the weekend except one short position on ABT.

Re: MO

Gio — Sat, 08 Nov 2008 23:21:34 -0000

Eldar Bob Saturday morning observations:
Indices Bullish: HMO, SOX, TTH.

Indices too hard to call: OIH.

Spot Commodities: DX overbot, CL barely hung on but my interpretation suggests a move up is more likely, AGA overbot, KOL mixed, Beans look bullish but need to break out of trading range.

VIX family suggests a trend of less fear; but we can still see a continuation of wide true ranges in many shares.

Holding 3 short positions, 5 long positions, 38% cash.

Re: MO

Gio — Sat, 08 Nov 2008 23:22:55 -0000

Now, get Retracement Levels Daily in your email for FREE!

I provide a FREE daily newsletter with the correct setup for the SPX Daily, Weekly and Monthly Retracement Levels.
Plus a little commentary to orient your trading based on these studies.

If you want to sign up, just send me and email, by clicking here (write "subscribe") in the subject:
http://mail.retracementlevels.com/contact.html

Re: MO

Gio — Sun, 09 Nov 2008 00:07:36 -0000

SPX broke the down trend line on 29 Nov 08 and on Friday, 7 Nov 08 kissed the same trend line good bye. Wave 2 is completed and now it's on the race to complete wave 3 at 1160.

http://4candle.blogspot.com/

Re: MO

Gio — Sun, 09 Nov 2008 00:38:07 -0000

Friday before close I bought a pretty big block of UYG at 8.07. I feel that the downside is limited. Could run back up to 11 or maybe even 12 at which I will sell and load up on SKF. My portfolio has a bullish bias right now with some TSO, GNK, TSL, and SLW, but I'm also short some ALK and own some FXP that I bought on Friday at 84

Re: MO

Gio — Sun, 09 Nov 2008 00:40:27 -0000

The best stocks to watch are the ones whose market caps are moving the most - lately XOM, PBR, JPM, GS, etc.The big price moves on low volume, while highly tradable, won't often reveal the longer term trends.

Re: MO

Gio — Sun, 09 Nov 2008 00:50:25 -0000

Gawd, the boat out to Bull Island is getting crowded. Hope the ship doesn't capsize halfway there like the last 45 times.

Re: MO

Gio — Mon, 10 Nov 2008 01:21:29 -0000

Eldar Bob Expect a whipsaw week. Plan to trade off bollinger bands, selling the top and buying the bottom. Am bearish on precious metals shares this week, as of this post. Have buy levels in mind. Buyer of AUY in low 4s or lower. SLW 2.98

My watch lists are in contango

Good luck all.

Re: MO

Gio — Mon, 10 Nov 2008 01:28:39 -0000

TraderTamas Can you make a pen disappear?

Re: MO

Gio — Mon, 10 Nov 2008 01:29:57 -0000

With enough Jack Daniels and some Vaseline...

Re: GS eps,

Gio — Mon, 10 Nov 2008 14:48:21 -0000

gagelle I think FSLR could go to 110 -- 115, perhaps even lower.

Re: GS eps,

Gio — Mon, 10 Nov 2008 14:49:46 -0000

Growler waiting to see if FSLR & AAPL to breakdown further

Re: GS eps,

Gio — Mon, 10 Nov 2008 15:33:47 -0000

OPMoney Vix now has 11 days suport @ 54ish.

9 day resistance @ 70

Re: GS eps,

Gio — Mon, 10 Nov 2008 22:25:27 -0000

The light volume trading in the past week has created a very loose bottom on the Dow near 8700 area and I would be careful making a big bet as to whether that support fails or bounces there. Usually a quiet market leads to a “melt up”, and that’s probably what we could see there.

Re: GS eps,

Gio — Mon, 10 Nov 2008 22:30:36 -0000

LVS up huge after hours, short it now or wait for the open, inquiring minds…

Re: GS eps,

Gio — Mon, 10 Nov 2008 22:32:13 -0000

my central thesis right now is the market is consolidating in a triangle formation at the end of a long sell-off. Today's action keeps us squarely within that triangle. In other words, we're still consolidating.

Re: GS eps,

Gio — Mon, 10 Nov 2008 22:59:48 -0000

Miners should be a big beneficiary if the market rallys.
I'm especially bullish on two sectors. One of them is mining stocks.

Re: GS eps,

Gio — Mon, 10 Nov 2008 23:03:01 -0000

I took a position today in OZN. West Africa gold miner with cash, no debt and selling at 17% of book value.
OZN was selling for over $1.00 per share 6 weeks ago, today under 20 cents.

Re: GS eps,

Gio — Mon, 10 Nov 2008 23:08:53 -0000

we hit the pavement just 4 weeks ago. other than some V shaped bear market rallies, most rebounds take a minimum of 5-6 weeks
I say, give it a week or two more and I think THEN we will all agree that the party has begun.

Mr. T.

Re: GS eps,

Gio — Mon, 10 Nov 2008 23:20:47 -0000

solars like SPWRA and STP and ENER should move higher soon

Re: GS eps,

Gio — Mon, 10 Nov 2008 23:21:51 -0000

are they crazy??
putting WYNN in the sp 500?

Re: GS eps,

Gio — Mon, 10 Nov 2008 23:23:41 -0000

STP 12-12.5 and SPWRA are holding at important support levels.

Re: GS eps,

Gio — Mon, 10 Nov 2008 23:28:51 -0000

Eldar Bob It has been a long day.
For transparency's sake my eod positions are:

Long: 1/2 position HNT, 1 position LO, 1/2 QLD, 1/2 SSO, 1/2 TCK
Short: 1/2 position DECK, I position DV, STRA,, WEC
Cash

Comment: Indices and ETFs: Bullish: COMPX, DDM, DUX, HMO, INDU, MVV, OEX, QQQQ, RUF, SSO, TRAN, TTH, SML, SOX, SPX, TRAN, XBD, XLB, XLF,

Mixed: BKX, IWM, OIH but encouraging with lower volume in sideways action, OIX,

Commodities Spot: Bearish: AGA, DX, UUP,

Mixed: CL upish, KOL, LB, NG, OSX, USO,

Bullish: B, C, CL, FXE, HG

Bull trend: VXO, VXN, VIX

To me, this is typical confusion which accompanies a change in trend.

Re: GS eps,

Gio — Mon, 10 Nov 2008 23:35:10 -0000

Barney Our Dow and the Chinese Dow (Xinhau China 25) are highly correlated trades. DIA and FXI have a correlation of 0.95. Compare both on an intraday chart like today's 1 min chart.
I have been day trading the FXP on intraday reversals in the Dow.

StockCharts symbol for the Xinhau China 25 is $FXT.
$FXT vs. $INDU:

Re: GS eps,

Gio — Mon, 10 Nov 2008 23:36:03 -0000

StockCharts symbol for the Xinhau China 25 is $FXT.
$FXT vs. $INDU:

http://stockcharts.com/h-sc/ui?s=%24FXT&p=D&b=5...

Re: GS eps,

Gio — Mon, 10 Nov 2008 23:40:14 -0000

Perhaps one of my best articles yet. Plain no-bs truth about bear markets...enjoy.

http://weeklyta.blogspot.com/2008/08/investorst...

Re: GS eps,

Gio — Mon, 10 Nov 2008 23:41:31 -0000

Z

Is NDAQ a buy at the close???

Fast Money is going to cover that stock later today and talk to its CEO...

Re: GS eps,

Gio — Tue, 11 Nov 2008 11:53:09 -0000

toad37 Helpful chart on the VIX

https://admin.minyanville.com/assets/FCK_Aug200...

Re: GS eps,

Gio — Tue, 11 Nov 2008 11:54:40 -0000

Eldar Bob Filled out 1/2 HNT to full position adding at 10.11

Re: spwra

Gio — Tue, 11 Nov 2008 17:00:47 -0000

tech goin higher tommorow

Re: spwra

Gio — Tue, 11 Nov 2008 17:01:32 -0000

We go up tomorrow.

have a good night

Re: spwra

Gio — Tue, 11 Nov 2008 17:02:53 -0000

GO LONGGGGGGGG.....that was the bottom for the week :))

Re: spwra

Gio — Tue, 11 Nov 2008 17:04:22 -0000

very doubtful spy going below todays low any time this week

simply no more sellers left in oil...it will lead us back up

market needs to start working upside again....we dont have many trading days left in 2008 to get back to 1100 by year end

Re: spwra

Gio — Tue, 11 Nov 2008 17:38:49 -0000

TV107 i dont know how its gonna happen but spy will close above 96 on friday

Re: spwra

Gio — Tue, 11 Nov 2008 18:04:16 -0000

Greg I think what we are seeing are the hedgies trying to spark a rally with good old fashioned manipulation, but it's going to take a really good news item to draw in the Bulls. Just may not happen.

Re: spwra

Gio — Tue, 11 Nov 2008 18:05:25 -0000

Eldar Bob Re-shorted DLR on close 29.90

Re: spwra

Gio — Tue, 11 Nov 2008 18:30:28 -0000

Interesting action in the Q's today, for a second there I thought we were going to rally, but in the end it failed to hold, it also closed below the 61.8 fib level also. I think a test of the lows is the most likely thing to happen.

Re: spwra

Gio — Wed, 12 Nov 2008 04:33:06 -0000

Greg How about FDO as a possible short. Seems to be sitting at the underside of upper descending channel.

Re: MSFT,JNPR,PBW

Gio — Wed, 12 Nov 2008 15:01:27 -0000

ENER at 27 is cheap

Re: MSFT,JNPR,PBW

Gio — Wed, 12 Nov 2008 15:02:35 -0000

what kinda girly men sold JASO all the way to 2.50?

It is not going out of business.

Speculative small longer term play for me. Putting it in the closet for a few months.

Re: MSFT,JNPR,PBW

Gio — Wed, 12 Nov 2008 15:04:35 -0000

Hi Trocks,
I bought some drys (12.50) and fcx (27) after your recent recommendation.
Are they comeback to this price in short term. any risks involved especially with drys.

Re: MSFT,JNPR,PBW

Gio — Wed, 12 Nov 2008 15:05:38 -0000

Yes Wallst03

Positively coming back.. Today or tomorrow.. HOLD it.. IT s just global fear and our last test .. if we pass. will make lots of money.

I tell you that as well DRYS is under pressure but FCX.. won't hurt much.. keep it.

Re: MSFT,JNPR,PBW

Gio — Wed, 12 Nov 2008 15:06:54 -0000

Myself, I have been dying to get into DRYS

Re: MSFT,JNPR,PBW

Gio — Wed, 12 Nov 2008 15:40:52 -0000

I just got in on XOM...Nov 65 put...

Re: MSFT,JNPR,PBW

Gio — Thu, 13 Nov 2008 00:08:59 -0000

I am thinking the same thing about that SPY 83. I'm thinking I should have sold at the close, but if that 83 doesn't hold, LOOK OUT BELOW!

Re: MSFT,JNPR,PBW

Gio — Thu, 13 Nov 2008 00:24:51 -0000

Might be time to cover. Retracementlevels.com has the S&P 500 go Long at 832.

Re: MSFT,JNPR,PBW

Gio — Thu, 13 Nov 2008 00:39:23 -0000

AAPL - at $90! No support below $87 or so with $85 being 52-week low.

Re: MSFT,JNPR,PBW

Gio — Thu, 13 Nov 2008 00:42:49 -0000

Adam_in_DC ditto holding my EEV and short GS overnight
Ok so the 8pm close have EEV 116.5 or +11 from the close...sweet, now let Europe follow Asia, and we are ready to sell hard at the open tomorrow

Re: MSFT,JNPR,PBW

Gio — Thu, 13 Nov 2008 00:45:24 -0000

as bonds move closer to stocks in terms of price, stocks move away from bonds
either bonds must rally or equities must sell off.

Re: MSFT,JNPR,PBW

Gio — Thu, 13 Nov 2008 01:39:41 -0000

Adam_G I love trading CME because it is expensive, and volatile. You can have a $30 OTM option one day and the next it is ITM! Nothing beats that. Last week when it was around $320 I bought another strangle, because there was a Fib retracement around there. When CME is not in freefall, you can use Fibs fairly well. I made some good money on that one. I honestly, I hate that it is in freefall right now because it gives me no idea on when I should buy another strangle. If I had to guess, $170 might be a good floor.

Re: MSFT,JNPR,PBW

Gio — Thu, 13 Nov 2008 03:41:33 -0000

Winace As I had mentioned in that post, I believe the VIX to be a lagging indicator to how I determine market extension. The record ETF extension is a little over 22% (Up move by IWM last week). Prior to that, 19% by SPY, before that, numerous extensions in the 13-14% area.

This is exactly what the pre-cursor was to the RUT crash (only index/ETF I believe TRULY crashed). But there it was the COMPQ, then DJI, then NDX, followed by the RUTs crushing 35% move....

This is why my hesitancy to lower my entry thresholds, you think things have been bad for traders the last few days? Just watch...... some are gonna get butchered BIG TIME.

I hate to see it happen to anyone, but being reckless now is gonna be costly.

Re: TGT,USO,FSLR,MO

Gio — Thu, 13 Nov 2008 15:30:22 -0000

Dont sell anythinhg guys.. otherwise u will miss the boat.

Buying ship.. , FCX, MOS, AGU, SPWRA,ENER, BTU,ANR,C,NUE,CHK

Re: TGT,USO,FSLR,MO

Gio — Thu, 13 Nov 2008 15:31:19 -0000

Everything looks good to buy. Take your pick, throw a dart, the new bull market is here.

lol

Re: TGT,USO,FSLR,MO

Gio — Thu, 13 Nov 2008 15:31:53 -0000

Z, I bought CLF today along with XME. I think the market has tested the bottom once again. We might make new lows but it aint happenin this month.

Re: TGT,USO,FSLR,MO

Gio — Thu, 13 Nov 2008 15:32:59 -0000

HTE and PGH have a 20-30% dividend rate and pay every month....

Re: TGT,USO,FSLR,MO

Gio — Thu, 13 Nov 2008 23:38:56 -0000

WFR - http://screencast.com/t/revsWuDLrXU
I think next week will have a bullish bias, being expiration week (among other reasons).
CLF - http://screencast.com/t/DJoOwBwm8gO
DRYS - http://screencast.com/t/7hdMjvWdFm
RIMM - http://screencast.com/t/5B8ovggn

Re: TGT,USO,FSLR,MO

Gio — Thu, 13 Nov 2008 23:42:52 -0000

Eldar Bob eod Comment: Cramer bearish on tech. and mkt. lol. Last 2000 recession is when there was a false bullish move.

COMPX, INDU, OEX, SOX, TRAN, needs to climb tomorrow by close or she might roll over.

Bullish: BKX, OIX, OSX, SPX (bullish rise from bottom of box with oversold 5 day ROC impressive.

Commodity Spot: Bearish: DX, Short: AGA needs to climb tomorrow by close or she might roll over:

Commod: C, S Bullish: CL FXE. HG, LB is just weird.

Re: TGT,USO,FSLR,MO

Gio — Fri, 14 Nov 2008 14:42:55 -0000

I believen we'll have another leg down (maybe a rally before that), and we'll bottom between the 24th and the 26th (maybe on the 24th).

Re: SMH

Gio — Fri, 14 Nov 2008 17:02:50 -0000

Eldar Bob anyone buying IWM after hours?

Re: SMH

Gio — Fri, 14 Nov 2008 17:04:04 -0000

Master Shake I already have some march $RUT calls. If we get down below 43 on IWM, perhaps I'll add if I can fund it from some day-trade profits.

Re: SMH

Gio — Fri, 14 Nov 2008 17:04:50 -0000

Growler Have a good weekend all.

Re: SMH

Gio — Fri, 14 Nov 2008 17:05:36 -0000

jcoors I think Monday will be a huge gap upwards, but no, not buying.

Re: SMH

Gio — Fri, 14 Nov 2008 17:07:07 -0000

TenYear last of the hedge fund redemptions. healthy pullback for bulls.

Re: SMH

Gio — Fri, 14 Nov 2008 17:10:14 -0000

Buy some Jan puts on JOSB, once they go bankrupt, the spread won't seem so bad.

Re: SMH

Gio — Fri, 14 Nov 2008 17:42:29 -0000

Everyone is dumping, I am buying . ... Bought SSO @ 25.33

Re: SMH

Gio — Fri, 14 Nov 2008 17:43:31 -0000

I bot SSO too @25.30 AH.

Re: SMH

Gio — Fri, 14 Nov 2008 17:44:56 -0000

We end the day on the $SPX with not quite a 50% retracement from yesterday's low to today's high.
Have a great weekend folks.

Re: SMH

Gio — Fri, 14 Nov 2008 17:49:00 -0000

So who do you think is more scared going into the weekend, longs or shorts? I'm betting the G20 produces nothing to buoy the markets with continued selling Monday.

Re: SMH

Gio — Fri, 14 Nov 2008 17:49:46 -0000

DBA building nice base

Re: SMH

Gio — Fri, 14 Nov 2008 17:52:22 -0000

PCU - Buying more around low $13s. Will drop by $0.5 at least due to being ex-dividend today. It has a yield of over 12%...

Re: SMH

Gio — Fri, 14 Nov 2008 17:53:14 -0000

http://www.kitcometals.com/charts/copper_histor...

1.60 better hold for copper

that is 62.5 percent decline off the swing high...62.5 percent declines have marked 4 of the 5 bear markets since 1950 for copper

data and charts here -

http://www.websitetoolbox.com/tool/post/fib_161...

btw, PWE has a yield of plus 20% and I do not own it.

Re: SMH

Gio — Fri, 14 Nov 2008 17:55:47 -0000

well, I just can't get away from FXP which I just entered in the second bar of the three bar bottom 500@61.94

Re: SMH

Gio — Fri, 14 Nov 2008 23:36:41 -0000

I put this chart up earlier today. Spx 10 year is going through 1932 Fib levels.

http://4.bp.blogspot.com/_s-of0EmdT_c/SR21vuNmM...

Re: SMH

Gio — Fri, 14 Nov 2008 23:39:11 -0000

I know PG is supposed to be a good defensive play....but look at the 20 yr chart and look at what happened in 2000

Also, look at how the 50% fan line and price channel converge! http://kkmoney.blogspot.com/2008/11/proctor-and...

would you short this chart?

http://kkmoney.blogspot.com/2008/11/proctor-and...

Re: SMH

Gio — Fri, 14 Nov 2008 23:49:30 -0000

Is it just me but everytime I look at a SPY chart all I see is a big decending triangle

http://www.screencast.com/users/neal1/folders/J...

Re: SMH

Gio — Fri, 14 Nov 2008 23:53:17 -0000

If the market crashes next week I'll be checking w/TK to see if he needs a butler...playing ahead of the crowd has payed HUGE dividends so far, so here I am again going against the grain.

QQQQ calls (doubled up close of market)
DBA calls
FLS stock (lots of it)
DGP stock

Re: SMH

Gio — Fri, 14 Nov 2008 23:54:36 -0000

I'm with your for the calls over the weekend. In QLD, SSO, DBA and FXI calls

Re: SMH

Gio — Sat, 15 Nov 2008 00:01:52 -0000

Am i a bear on steroids ?

http://stopsarein.com/wp-content/uploads/2008/1...

Re: SMH

Gio — Sat, 15 Nov 2008 00:13:13 -0000

Market rallies on Monday. This is not a bull trap at all. We were too low, and now we snap back. Tuesday afternoon or Wednesday morning will be time to short again.

We will be up 500 on the Dow Monday. Book it baby!

Re: SMH

Gio — Sat, 15 Nov 2008 14:23:42 -0000

Greg $SPX. It's a critical level. What it does, is on the next bounce near 1000, you'll know it will never get over 1080.

Re: SMH

Gio — Sat, 15 Nov 2008 14:41:47 -0000

berkshire Okay... Weekly chart; trend = down. Daily chart; trend = down. Monthly chart; trend = down.

Re: SMH

Gio — Sat, 15 Nov 2008 14:58:53 -0000

i think we'' still see dow 36000, by the 8th year. That is a long time from now.

Re: SMH

Gio — Sat, 15 Nov 2008 18:25:15 -0000

Z, This is my first time posting, but I'm a long time follower.
I bought SPWRA at your second buy entry price $23 and now I'm up $2K.

Re: MSFT

Gio — Tue, 18 Nov 2008 16:37:55 -0000

that crazy rally the last 30 minutes or so sets the stage for a likely gap down tomorrow.

Re: MSFT

Gio — Tue, 18 Nov 2008 17:41:54 -0000

tomorrow we will go up and all evil SHORTS will be smushed....and no Z i don't have a chart for this prediction....but go ahead and go long :)

Re: MSFT

Gio — Tue, 18 Nov 2008 17:44:42 -0000

XLE has been holding us up but now its time XLF IYR even XME
the latter is where u gotta be

Re: MSFT

Gio — Tue, 18 Nov 2008 17:45:38 -0000

First time I have ever made money from watching CNBC!!!

Re: MSFT

Gio — Tue, 18 Nov 2008 17:46:37 -0000

Don't get used to it ...

Re: MSFT

Gio — Tue, 18 Nov 2008 18:09:48 -0000

My feeling is: we will gap down tomorrow.

Re: CSCO,AA,JPM

Gio — Wed, 19 Nov 2008 14:08:20 -0000

Perhaps buy LDK calls.

Re: CSCO,AA,JPM

Gio — Wed, 19 Nov 2008 14:10:09 -0000

PPH performance extremely poor, potential good
BBH and IBB have slightly more potential than PPH

Re: CSCO,AA,JPM

Gio — Wed, 19 Nov 2008 14:13:25 -0000

ES HOURLY Calculators uploaded!

http://www.retracementlevels.com/

Re: CSCO,AA,JPM

Gio — Wed, 19 Nov 2008 14:14:30 -0000

Thanks.

If I plugged in the correct numbers, the hourly "go long" is eerily close to the daily "go long" with the highest % frequency.
808
Yes, that area.

Re: CSCO,AA,JPM

Gio — Wed, 19 Nov 2008 15:28:07 -0000

Doom, Gloom and BOOM baybee!
BTO 250 RFYKJ @ .58,.65

the RIMM job will lead us to higher ground!

too many pirates in the waters hehe
gotta love it down here...Im a buyer!!!
M.A.S.

Re: SRS,VNO,BXP

Gio — Thu, 20 Nov 2008 16:55:17 -0000

SPX is right at the weekly "go long" levels and appears to be bouncing. Adding to this is that it was the target level for the H&S I pointed out earlier.

http://www.screencast.com/users/headbanger51/fo...

Re: SRS,VNO,BXP

Gio — Thu, 20 Nov 2008 17:10:44 -0000

dae42 Bot YHOO and PBR today. Shoot me now...will likely be swigging PBR soon.

Re: SRS,VNO,BXP

Gio — Thu, 20 Nov 2008 17:16:29 -0000

JakeGint Watching UUP again. $27.10 is the ultimate line of death. No rally w.out dollar decimation

Re: SRS,VNO,BXP

Gio — Fri, 21 Nov 2008 13:48:48 -0000

Moontrader Plus, CPC (put/call ratio) is down to 1170, down from yesterday's 1400, so it seems there's a sense that we reached a bottom. We'll see that later.

Re: SRS,VNO,BXP

Gio — Fri, 21 Nov 2008 13:51:42 -0000

daily spx
"go short" RT level is 789 with 47%! The next level is 811 with 79%.

Re: msft universal short sell set up

Gio — Fri, 21 Nov 2008 18:14:49 -0000

JakeGint BOT a buttload of UYG today. Will not name price for being accused of "Loose morals." (ie, stealing)

Re: msft universal short sell set up

Gio — Sun, 23 Nov 2008 04:06:29 -0000

My take on the SPX…

http://screencast.com/t/ImCO9eZi

Re: msft universal short sell set up

Gio — Sun, 23 Nov 2008 04:10:12 -0000

Jana The amount of 401K contributions I submit for employees in my company has decreased by about 15% in the past month and a half. People are cutting their deduction percentages or stopping their contributions altogether. There is also a huge increase in those stupid, senseless loans employees take out against their 401ks.

Re: msft universal short sell set up

Gio — Sun, 23 Nov 2008 04:14:52 -0000

These look up.Hi-Beta Long: ACF, AEM, AMLN, AMX, AN, ANAD, ANN, ARTC, AUO, AUY, AVP, BARE, BC, BWA, CAR, CAT, CBE, CHB, CHS, CHU, CIG, CLX, CNP, CSE, CTAS, CTL, CVG, CZZ, DDS, EK, ERTS, FRG, FULT, HBC, HLFomfg, HLIT, IFX, ING, IP, JCI, LAZ, LFC, LMT, MCK, NHP, OXY, PAAS, PEP, PKI, PLCE, PLD, PLL, PMTC, PPL, PSA, PTR, PVH, PZE, QMAR, RCII, REP, ROK, RSH, SHGPY, SLW, SNDK, SNV, SPF, SPNC, SPSN, STD, STV, TE, TEL, TIN, TKLC, TMX, TRAK, TTM, TXT, WFMI, WFR, WHR, WIN, WY, WYI, ZMH, ZUMZ,

These look down if we get an itsy bitsy rally:, Short: APC, APOL, AVB, AXP, BA, BDX, BEBE, BID, BIG, BKS, BMS, BNI, CBH, CCU, CEO. CHKP, CMG, CMI, CTXS, CVA, CVX, CXW, DTV, DV, EJ, EQR, EQT, ESRX, HES, HOC, INFA, NI, NOV, NRG, PRE, PX, RAH, RHI, RIO, RRC, RYAAY, SCG, SHW, SIAL, SIE, SLB, SMTC, SPLS, SRE, STR, TDW, TEVA, UPS, VDSI, VFC, VLO, WEC, XOM,

Re: msft universal short sell set up

Gio — Sun, 23 Nov 2008 04:16:49 -0000

price /vol of the market itself is king. Everything else (Yen, Oil , RL's fibs whatever) plays second fiddle

Re: msft universal short sell set up

Gio — Sun, 23 Nov 2008 04:33:50 -0000

http://potrix.com/ryan/
The last couple of hours are good for trading too. However, if you get it wrong, you'd have to sleep on losing positions. Besides, next day, they would often move against you some more.

Re: msft universal short sell set up

Gio — Sun, 23 Nov 2008 04:42:10 -0000

My target for the SP500 is 698-700 in the first two weeks of December.

Re: msft universal short sell set up

Gio — Sun, 23 Nov 2008 04:46:49 -0000

I'm not willing to go short here as we could easily get a 1000 point rally at any time. Heck we've already seen two of them.

Re: msft universal short sell set up

Gio — Sun, 23 Nov 2008 17:52:01 -0000

Atilla M. Demiray If the market dont gap down tomorrow, there may be a short squeeze that can overwhelm the post-expiration pressure.

Re: msft universal short sell set up

Gio — Sun, 23 Nov 2008 17:53:05 -0000

Atilla M. Demiray Price and volume creates magnets. Those are the targets markets are dragged towards within certain time frames.

Re: msft universal short sell set up

Gio — Sun, 23 Nov 2008 17:57:43 -0000

The last time I used was that McClellan fiasco. Whenever I deviated from price/volume and time, I got burnt.
Instead, I watch the markets, mostly major indices like S&P 500, 400, 600, RUT2K, COMPQ, NDX, DJI,NYSE, OEX. I prefer their ETFs as they show all gaps.

Re: msft universal short sell set up

Gio — Sun, 23 Nov 2008 17:58:55 -0000

TenYear I mean solars. do you really think 50-100% is possible by year end?

Re: msft universal short sell set up

Gio — Sun, 23 Nov 2008 18:00:09 -0000

Atilla M. Demiray 3500 is a long term potential bottom, 6000 should be a cyclical bottom leading to a bear market rally to 10K

Re: msft universal short sell set up

Gio — Sun, 23 Nov 2008 18:02:01 -0000

DJI WEEKLY - TO GO LONG

T1=8852.22

B=8378.95

T2=9325.01

-

DJI WEEKLY - TO GO SHORT

B1=8378.95

T=9325.01

B2=8046.42

Re: msft universal short sell set up

Gio — Sun, 23 Nov 2008 18:02:41 -0000

SPX WEEKLY - TO GO LONG

T1=940.55

B=876.77

T2=968.75

-

SPX WEEKLY - TO GO SHORT

B1=876.77

T=968.75

B2=800.03

Re: msft universal short sell set up

Gio — Sun, 23 Nov 2008 18:03:55 -0000

OIL (CL) DAILY - TO GO LONG

T1=58.24

B=49.62

T2=49.93

-

OIL (CL) DAILY - TO GO SHORT

B1=56.16

T=58.24

B2=49.62

Re: msft universal short sell set up

Gio — Sun, 23 Nov 2008 18:06:22 -0000

Atilla M. Demiray I think C will bounce sharply soon. C is not WAMU.

Re: msft universal short sell set up

Gio — Sun, 23 Nov 2008 18:16:09 -0000

The cartel meets again on 11/29 then 12/17. They probably won’t cut anything on 11/29, but the whole anticipation of it should call for some high surf advisory in the energy sectors.

Re: HAL unirversal chart for OIH stocks

Gio — Mon, 24 Nov 2008 14:56:12 -0000

Eldar Bob Have re-entered PAAS and a DDM position. The intraday consolidation looked decent.

Re: HAL unirversal chart for OIH stocks

Gio — Mon, 24 Nov 2008 15:02:04 -0000

. i'm using 2-month chart on GLD to fade gold. but these are only worth a few days holding. about 2 hours ago from web in reply to zstock

Re: HAL unirversal chart for OIH stocks

Gio — Mon, 24 Nov 2008 15:03:19 -0000

thehawaiitrader Watching $Vix @ 62.30- 62.50 very carefully = rally point. waiting for the close before making a trade to the long side. let it come to u

Re: HAL unirversal chart for OIH stocks

Gio — Mon, 24 Nov 2008 15:04:01 -0000

thehawaiitrader Will short $NEM setting stop at 6-week resistance

Re: HAL unirversal chart for OIH stocks

Gio — Mon, 24 Nov 2008 15:04:38 -0000

thehawaiitrader $Vix ready for next leg down right at SPX 840. Dow heading to +400 at the close

Re: HAL unirversal chart for OIH stocks

Gio — Mon, 24 Nov 2008 15:06:10 -0000

TenYear hoping for a rally into the close and looking to short overnight at possible S&P levels of 857, 892, or 906

Re: HAL unirversal chart for OIH stocks

Gio — Mon, 24 Nov 2008 15:19:20 -0000

CME might be a good bearish trade here also. Fib right around 193.76.

Re: http://z-stock.blogspot.com/2008/11/ceco.html

Gio — Tue, 25 Nov 2008 17:38:52 -0000

I am long the uyg until it gets to 10. I shorted the xlf today for a trade because i see 5 waves up from last Fridays lows. So I excpect a pull back into the $10 range.

Re: http://z-stock.blogspot.com/2008/11/ceco.html

Gio — Tue, 25 Nov 2008 17:41:54 -0000

I'm waiting for a good signal to go long on CLF. I would look to hedge on SSO, but I already have a put on SSO, so I'm kinda debating that

Re: http://z-stock.blogspot.com/2008/11/ceco.html

Gio — Tue, 25 Nov 2008 17:43:15 -0000

now is not a good time to be in a fully long position. When the Vix was at 80, that is where you wanted to get a little more aggressive. However, on the flip side, worst case tomorrow for rookie bears is they will short into a dull market- that means the volume is low all day, but the market melts up.

Re: http://z-stock.blogspot.com/2008/11/ceco.html

Gio — Tue, 25 Nov 2008 17:44:08 -0000

VIX CHART
http://content.screencast.com/users/thehawaiitr...

Re: http://z-stock.blogspot.com/2008/11/ceco.html

Gio — Tue, 25 Nov 2008 17:49:25 -0000

TNX chart
http://moontrader.files.wordpress.com/2008/11/t...

Re: http://z-stock.blogspot.com/2008/11/ceco.html

Gio — Tue, 25 Nov 2008 17:50:56 -0000

UTIL shorts sell chart
http://moontrader.files.wordpress.com/2008/11/u...

Re: http://z-stock.blogspot.com/2008/11/ceco.html

Gio — Tue, 25 Nov 2008 17:55:02 -0000

Well we just got the negative extreme. We may now be ready for the positive extreme.

Re: http://z-stock.blogspot.com/2008/11/ceco.html

Gio — Tue, 25 Nov 2008 23:27:38 -0000

thehawaiitrader Take profits in solars NOW. I will be fading them at the close tomorrow and Friday.

Re: http://z-stock.blogspot.com/2008/11/ceco.html

Gio — Tue, 25 Nov 2008 23:28:28 -0000

FeedTheBull Daily Recap: Federal Reserve created a program that will purchase up to $600 billion in direct obligations and mortgage-backed securities $$

Re: http://z-stock.blogspot.com/2008/11/ceco.html

Gio — Tue, 25 Nov 2008 23:47:51 -0000

thehawaiitrader @zstock good idea Z. Plus, Cartel meets on 29th. They will try hard to make us pay more to heat our houses, wait, your houses in winter.

Re: http://z-stock.blogspot.com/2008/11/ceco.html

Gio — Tue, 25 Nov 2008 23:54:25 -0000

ZigZag I sure don't like the look of the $BKX here. If this can't get over $47 we're heading lower..

http://tinyurl.com/6fujwl

Re: http://z-stock.blogspot.com/2008/11/ceco.html

Gio — Tue, 25 Nov 2008 23:58:38 -0000

Current positions after unloading index ETFs this morning are: Short CHD, Long POT, SHORT SPG, Short STRA, Rest cash.

Re: USO

Gio — Tue, 02 Dec 2008 23:53:25 -0000

Seems like nobody has mentioned:

Bank of England and the ECB both issue monetary decisions on Thursday, 7 and 745 a.m. EST, respectively:

http://www.dailyfx.com/calendar/bank-calendar.html

Re: USO

Gio — Tue, 02 Dec 2008 23:55:05 -0000

Don't know if anyone else noticed this:

HUGE options activity in SLW on Mar 09 5 Calls. ~36,000 volume vs 8700 open interest. Moo, if you are reading, or any SLW watchers, thoughts on this?

Re: USO

Gio — Tue, 02 Dec 2008 23:56:27 -0000

Options in the Vancouver-based company, which derives 100% of its earnings from the production of silver, are trading at 9 times the normal level as shares advance 3% to $3.05, owing to a large opening position in March $5 calls, which traded for about 70 cents apiece. Silver Wheaton shares must nearly double in value to break even on this transaction, having traded as high as $19.53 over the past 52 weeks.

Re: USO

Gio — Tue, 02 Dec 2008 23:57:53 -0000

I would think that cutting rates would weaken the Euro relative to the dollar.....as they are essentially creating more Euros....however, I believe the Fed will cut rates again in mid December?

Currencies are complicated!

Re: USO

Gio — Wed, 03 Dec 2008 00:07:37 -0000

I thought RIMM was down today because of PALM, though I'm sure the word was out. This could bounce tomorrow, who knows, but its got a lot of overhead supply and I'm willing to add more to this position.

Re: USO

Gio — Wed, 03 Dec 2008 00:36:04 -0000

Shorting $Rimm in Pakistan since I am awake.

Re: I'm moving

Gio — Tue, 09 Dec 2008 06:17:39 -0000

I found a great trading site,
http://option.zstock7.com/
Brittany

Re: DAI

Gio — Tue, 30 Dec 2008 15:53:17 -0000

geckoman Another Long Idea: finding some potentials in this industry.

http://www.screencast.com/users/geckoman/folder...

CCC is another. Got rebuked at the 200 dma today. Watch for to break it again.

Re: DAI

Gio — Tue, 30 Dec 2008 17:33:37 -0000

Eric_in_SFL Well GS managed to get up to 82 for the PnF breakout.

Re: DAI

Gio — Wed, 31 Dec 2008 00:53:13 -0000

fortune8 CR Head and Shoulders Bottom TP $20.75 - $22.00

Re: DAI

Gio — Wed, 31 Dec 2008 00:56:32 -0000

dvolatility UPDATE 1-Online holiday sales fall 3 pct ($AAPL, $AMZN) Reuters http://tinyurl.com/9autb7

Re: DAI

Gio — Wed, 31 Dec 2008 01:02:07 -0000

tofupup
TSO is approaching an excellent shorting level at 14.70 (prior support from July, August, and Sept 2008). Volume on the recent advance is also pretty wimpy.

This should be good for a quick 8-10% profit IMO.

Re: DAI

Gio — Wed, 31 Dec 2008 01:07:35 -0000

bkudla The material, commodity, and coal/uranium companies seem poised. I am looking at the following to go long, HES, THS, CHFC, WSBC, SLF, LAYN, TK.

Re: DAI

Gio — Wed, 31 Dec 2008 02:58:09 -0000

hiker
NTES -

consider the long-term support trendline on the weekly vs. current price -

http://stockcharts.com/charts/gallery.html?NTES

Re: DAI

Gio — Wed, 31 Dec 2008 02:59:39 -0000

geckoman
Hey Hiker! Thanks for responding. Looking at closing prices I would say long term support on the 5yr weekly is around 21. Is this what you are referring to?

http://www.screencast.com/users/geckoman/folder...

You still posting at Technical Watch?

Re: DAI

Gio — Wed, 31 Dec 2008 03:01:01 -0000

here's the working NTES chart link
http://www.screencast.com/users/geckoman/folder...

Re: DAI

Gio — Wed, 31 Dec 2008 16:07:57 -0000

drydenprice
sold my iwm calls for profit and bought puts

in other news, GS is struggling at 85.

Re: DAI

Gio — Wed, 31 Dec 2008 16:10:58 -0000

Osso
OK......short AEM......51.59....stoploss 51.75

Re: DAI

Gio — Wed, 31 Dec 2008 16:14:55 -0000

pete31
Does anyone have a good US$ short ETF they are trading? I want to get it on the radar screen.

Re: DAI

Gio — Wed, 31 Dec 2008 16:17:08 -0000

Gary_L
I just posted this a couple of posts back for sptest. You can trade options on the six main currency pairs through the Philadelphia Options Exchange.

XDE - Euro/Dollar
XDB - Dollar/Pound
XDA - Dollar/Aussie
XDN - Dollar/Yen
XDC - Dollar/Canadian Dollar
XDS - Dollar/Swiss Franc

Re: DAI

Gio — Thu, 01 Jan 2009 15:59:47 -0000

dowoper8tr Black candles have not been kind to DAI of late. $1-$2 on the short side could be all it has in it since the 13/50DEMAs are on the verge of a bullish cross.

Re: DAI

Gio — Thu, 01 Jan 2009 22:29:47 -0000

Hi Zee,
Thank you so much for explaining those secondary charts you use.
Since I Joined your membership site, I haven't placed one losing trade.
Sherrie

Re: DAI

Gio — Fri, 02 Jan 2009 22:45:02 -0000

The computer problem I was having this morning is a lot more serious than I thought. I'm at a neighbor's house using hi computer. It looks bad for my computer as it will not even boot. I was able to save about half of my files before the my computer completely crashed.
The rest of the files are in computer limbo.
I'm not sure at this time, If I have to order a new computer or not. I'm trying to get the computer to at least go into safe mode.
I'll see everybody, when I see you. Right now, I'm offline.
I'll probably be working into the night on this problem.
I knew it was too good to be true. I finally got everything going my way, and now It looks like I'll have to remove the hard-drive and hook it up to a brand new computer.
zstock.

Re: PCAR

Gio — Tue, 06 Jan 2009 02:36:53 -0000

Pengrowth Energy (PGH) has been paying dividends since July 2004. The stock has a P/E of 9, with a yield of 28.1%.

Provident Energy Trust (PVX), has been paying monthly dividends since October 2002, has a PE of 5 and pays a yield of 22.6%.

Advantage Energy Income (AAV), has paid dividends since April 2004. The stock has a PE of 8 and a yield of 28.7%.
Stockerblog.com

Re: PCAR

Gio — Tue, 06 Jan 2009 02:37:17 -0000

Sean Hyman
Remember, back in 1999 when OPEC cut production 6.9%, it eventually caused oil prices to double off of their lows that year. If that same scenario played out again, you could easily see oil hit $60 - $70 a barrel. Once that happens, say goodbye to “cheap gas” once again
www.mywealth.com

Re: PCAR

Gio — Tue, 06 Jan 2009 02:44:42 -0000

Hi ya Zee!!!
I recently bought 400 FE from one of your post, when it was $45.7. I keep moving the stop loss higher each day. My stop loss is now at 50.5. Thank you very much!!!
Carrie

Re: PCAR

Gio — Tue, 06 Jan 2009 03:09:07 -0000

TradingGoddess Update on Entertainment Center: I am on page 12 of 19 instructions. Yes... I am reading the instructions. Can you feeeeel my frustration?
http://tradinggoddess.blogspot.com/search/label...

Re: MAR was short right now

Gio — Wed, 07 Jan 2009 04:29:25 -0000

toad37
I nibbled on some June 65 SPY puts, SRS, QID, FAZ and shorted some COF.

Looking to cover as early as tomorrow if we get a drop of any size....

Re: MAR was short right now

Gio — Wed, 07 Jan 2009 04:30:36 -0000

tofupup I'm hoping to enter TSO short tomorrow. Nice doji candlestick today precisely at resistance ~14.70. It looks like churning action and the recent uptrend is very likely to give a little...I wish I could have entered today but perhaps will get another chance in the a.m.

Re: MAR was short right now

Gio — Wed, 07 Jan 2009 04:32:22 -0000

dowoper8tr This is one stout market but the reaction to Friday's reports will make or break it. Holding this weekly range would be huge for longs and I still belive we are primed for a rally and finish Jan higher. Vix could use a resolution:

Re: MAR was short right now

Gio — Wed, 07 Jan 2009 04:36:40 -0000

Sentiment_Al Not a bad bet . . . I'm long and this is exactly what I need to worry about. Beware the slippage in 2X ETFs, though. I've never figured out how to hold the darn things more than about three days.

Re: MAR was short right now

Gio — Wed, 07 Jan 2009 04:37:47 -0000

toad37 I hate go against this tide, but I'm thinking the market pullbacks and takes RE with it. Looking at scaling into SRS.

Re: MAR was short right now

Gio — Wed, 07 Jan 2009 04:40:10 -0000

toad37 Have a limit order in for some june SPY 65 puts at $1.46, 1/3 position. I want to slowly scale into these and I'm willing to nibble here.

Re: MAR was short right now

Gio — Wed, 07 Jan 2009 04:41:20 -0000

Kemal_1 Agreed. There is a clear negative divergence on intraday MACD. Also NYMO level of 109 told you that upside is extremely limited.

I am NOT calling for a IM top, it is just a retracement coming. Will have to see how deep it goes.

Re: MAR was short right now

Gio — Wed, 07 Jan 2009 04:46:41 -0000

Real estate just seems to obvious. Furthermore, too many stocktwits looking at >SRS. Even I fell prey to the stock, near the 52wk low.

I am thinking Eduation. Seriously, who has money to pay for the outrageous fees charged by all the online outfit? Next, the quality of education provided is not that great in comparison to the University system, speaking from experience here.

Disclosure: I am short >APOL

I was going to short >ESI but then saw all the hype on APOL; therefore, decided to short it instead.

http://fade-me.blogspot.com/

Re: MAR was short right now

Gio — Wed, 07 Jan 2009 04:47:47 -0000

Adam_in_DC Short GS 89.5 2/3 in @ 89.35

Re: MAR was short right now

Gio — Wed, 07 Jan 2009 04:47:57 -0000

kkmoney HIG is up huge today...possible breakout or short squeeze?? broke slightly above the fib I have from Sept highs....sucks for me as I'm holding puts

Re: MAR was short right now

Gio — Wed, 07 Jan 2009 04:48:23 -0000

TenYear lots of mixed signals.....VIX looks bottomed

Re: MAR was short right now

Gio — Wed, 07 Jan 2009 04:51:09 -0000

Erikd GS excellent level to short as it is hitting a 2 year trendline that will act as resistance. would set a mental stop to exit trade with a weekly close above 93.00 weekly trend on its price pattern and hitting 2 year trendline that will act as resistance makes this look very good to short.

http://www.screencast.com/users/erikdbrucker/fo...

Re: MAR was short right now

Gio — Wed, 07 Jan 2009 04:52:04 -0000

Adam_in_DC i use stochs mainly but RSI and McC as backups...and agree with what you see...just concerned that momentum can push indicators to extremes....and we are clear in a momentum market

Re: MAR was short right now

Gio — Wed, 07 Jan 2009 04:52:28 -0000

Adam_in_DC Woohoo...Jennifer Love Hewitt is single again....this is my chance!

Re: A remarkable 18 wins and zero losses last 2 days

Gio — Thu, 08 Jan 2009 01:30:22 -0000

BuyOnTheDip I ♥$ISRG ... After Hours: 100.00 -17.88 (-15.17%)

Re: A remarkable 18 wins and zero losses last 2 days

Gio — Thu, 08 Jan 2009 01:35:05 -0000

thehawaiitrader Lightning round. Stock pick update.

http://ibankcoin.com/gioblog/?p=2654

Re: A remarkable 18 wins and zero losses last 2 days

Gio — Thu, 08 Jan 2009 01:42:27 -0000

AIPC down -13% after touching 52-high. Will buy this dip soon.

http://ibankcoin.com/gioblog/?p=2654#comment-5375

Re: A remarkable 18 wins and zero losses last 2 days

Gio — Thu, 08 Jan 2009 01:44:47 -0000

thehawaiitrader
For you SRS people, it underperformed today! Yep, go for FXP or EEV and short foreign markets instead. There’s too much U.S. policy to ruin the SRS party.

http://ibankcoin.com/gioblog/?p=2654#comment-5375

Re: A remarkable 18 wins and zero losses last 2 days

Gio — Thu, 08 Jan 2009 01:47:07 -0000

downtowntrader twitter
Another article I wrote for Investopedia.com. This one highlights some reverse head and shoulder plays.

http://community.investopedia.com/news/cadvisor...

Re: A remarkable 18 wins and zero losses last 2 days

Gio — Thu, 08 Jan 2009 01:51:39 -0000

missrogue
That butter cookie just begs for another butter cookie chaser.
Thanks again zee
I'm winning!!!!

Re: A remarkable 18 wins and zero losses last 2 days

Gio — Thu, 08 Jan 2009 02:00:34 -0000

I smelled maple syrup last night around 10:00pm at 75th and York on the Upper East Side.

Re: A remarkable 18 wins and zero losses last 2 days

Gio — Thu, 08 Jan 2009 02:01:32 -0000

Stuyvesant Town smells like ass. Can you put a butt icon in the area of the 20th street loop?

Re: A remarkable 18 wins and zero losses last 2 days

Gio — Thu, 08 Jan 2009 02:02:03 -0000

What about the dookie smell in union square once you get off the L train. It smells like someone died in the tunnel.

Re: A remarkable 18 wins and zero losses last 2 days

Gio — Thu, 08 Jan 2009 02:05:21 -0000

I've never smelled this and I'm really feeling quite left-out.

Re: A remarkable 18 wins and zero losses last 2 days

Gio — Thu, 08 Jan 2009 02:08:51 -0000

complacentpanda nice PnF breakdown of $COST @ 50

Re: A remarkable 18 wins and zero losses last 2 days

Gio — Thu, 08 Jan 2009 02:09:15 -0000

BuyOnTheDip $COST is NOT a $50 stock. SHORT**

Re: A remarkable 18 wins and zero losses last 2 days

Gio — Thu, 08 Jan 2009 02:09:34 -0000

TraderTamas I'm going to have to start trading $DXO & $DTO instead of $ERY & $ERX. $DTO up 28%!!!

Re: A remarkable 18 wins and zero losses last 2 days

Gio — Thu, 08 Jan 2009 02:23:24 -0000

Insect Overlord
Well, I have a Feb put on SLB. Since I'm entering these trades at the EOD if they're below certain price levels using a contingent order while I sit through enormous amounts of BS at work, I didn't feel comfortable putting in a bunch of orders on a bunch of stocks. But all the ones I posted yesterday have created a nice bearish entry signal. I felt that SLB had the most potential of them all (APC, CNQ, CHK, CVX, DO, FLR, GNK)

http://www.screencast.com/users/headbanger51/fo...

Re: XOM and SPY, a special relationship this week

Gio — Tue, 13 Jan 2009 01:25:34 -0000

xtrends currently long ES from 871 for a short term trade

Re: XOM and SPY, a special relationship this week

Gio — Tue, 13 Jan 2009 01:32:06 -0000

Woodshedder Looking Long at some pullback plays http://tinyurl.com/7uwm2b

Re: XOM and SPY, a special relationship this week

Gio — Tue, 13 Jan 2009 01:40:55 -0000

downtowntrader $TNA looks like it's headed for a test of 28

Re: XOM and SPY, a special relationship this week

Gio — Tue, 13 Jan 2009 06:02:24 -0000

thehawaiitrader Short $ISRG within 102-105 and let it swing to the 80s

Re: XOM and SPY, a special relationship this week

Gio — Tue, 13 Jan 2009 06:04:47 -0000

thehawaiitrader Tomorrow we take em down. Stocks to short tomorrow:
$TNH $APWR $MPWR $AFAM
$EGO $ISRG $AZO $CAL $ISRG
let's do this!

Re: XOM and SPY, a special relationship this week

Gio — Tue, 13 Jan 2009 06:13:50 -0000

WeeklyTA crapload of charts ($C, $JPM, $WFC, $BAC, UYG, $VIX, $XLU, $NYHL, $NAHL, ag/fert), plus PPT scores

http://ibankcoin.com/chart_addict/?p=236

Re: BNI

Gio — Tue, 13 Jan 2009 17:28:16 -0000

Jeff Kohler
Triangles

Ascending: CMN, LDK, NTRS, BLK

Symmetrical: AAPL, ABV, ENI, PWRD, MIDD, CFFN, SNY

Descending: TECH, AXP, LNN, UHAL
http://www.optionaddict.net/blog/2009/1/12/week...

Re: APOL,CECO regression chart

Gio — Thu, 15 Jan 2009 19:50:58 -0000

Adam_in_DC

looks like a nice down hammer candle on SRS...top may be in tomorrow...URE looking good

Re: APOL,CECO regression chart

Gio — Thu, 15 Jan 2009 19:55:43 -0000

JWBlack
We have another weird cluster of RL bars much lower between 768 and 815, with the longest frequency bar at 787.

Re: APOL,CECO regression chart

Gio — Thu, 15 Jan 2009 19:58:32 -0000

meathead
Bought RIM into the close.

Bought HSU (SSO) and HOU (DXO) earlier in the day as well (adding to my positions) - thought about selling the portions that were up today as I am getting very long here... but held on. I bought all today's stocks in CDN funds as I think that will leverage any USD weakness.

That RIMM chart is a thing of beauty...

Re: APOL,CECO regression chart

Gio — Fri, 16 Jan 2009 06:15:53 -0000

thehawaiitrader
How can I forget, $ESI for high tech education. new 52 high coming up.

Re: Here’s my first day of trying to fortune8’s signals

Gio — Fri, 16 Jan 2009 23:26:32 -0000

toad37 Just bought 1000 shares of C in the afterhours... I think it will bounce to at least 5 in confusion of "good bank, bad bank" chatter.

Re: Here’s my first day of trying to fortune8’s signals

Gio — Fri, 16 Jan 2009 23:44:37 -0000

Does the Russell Index have an e-mini?

Re: Here’s my first day of trying to fortune8’s signals

Gio — Fri, 16 Jan 2009 23:45:19 -0000

stevegill43

Those double inverted hammers are also seen in SPX& RUS and HON where I bought Feb 32,50 and 35.00 calls today.

Re: Here’s my first day of trying to fortune8’s signals

Gio — Fri, 16 Jan 2009 23:45:39 -0000

GE was higher today

Re: Here’s my first day of trying to fortune8’s signals

Gio — Fri, 16 Jan 2009 23:47:08 -0000

Yup, TF

Re: Here’s my first day of trying to fortune8’s signals

Gio — Fri, 16 Jan 2009 23:48:31 -0000

anunakki
Heres my brilliant move for today... I bought a couple ISRG calls Feb. I went away to do some other stuff... I came back

Re: Here’s my first day of trying to fortune8’s signals

Gio — Fri, 16 Jan 2009 23:49:07 -0000

a M. Demiray
Looks like we couldnt give enough juice to overcome 85.5.
would be easier to jump over it on Tuesday night...

I am not closing BGU as we close near the fence.... I will probably sell next week around 37

Re: Here’s my first day of trying to fortune8’s signals

Gio — Fri, 16 Jan 2009 23:50:12 -0000

goldismoney
Phew, TSO might reach my target two weeks ahead of schedule. What a rally in energy.

Re: Here’s my first day of trying to fortune8’s signals

Gio — Fri, 16 Jan 2009 23:50:37 -0000

Eldar Bob To reduce risk going into the short week have reduced position in UNG by 1/2, Sold USO.

Re: Here’s my first day of trying to fortune8’s signals

Gio — Fri, 16 Jan 2009 23:57:40 -0000

Adam_in_DC
anyone holding solars long?

Re: Here’s my first day of trying to fortune8’s signals

Gio — Fri, 16 Jan 2009 23:58:57 -0000

rake
Anyone ready to short the IYR? Looks nice at 33.40. I am hunting it. Waiting to the see the white of its eyes and then ill take it down.

Re: Here’s my first day of trying to fortune8’s signals

Gio — Sat, 17 Jan 2009 00:01:33 -0000

kkmoney
HIG is one I like after Moo recommended it a while ago comparing it to GGP I think. Maybe wait to see what happens to it at 15....i rolled my Jan 15 puts forward yesterday so bought myself some time.

Re: Here’s my first day of trying to fortune8’s signals

Gio — Sat, 17 Jan 2009 00:36:01 -0000

Rambo
On the CEDC from the previous post..... it's a European distributor of some 700 vodka labels. Since mid-Nov, the stock is bouncing between $18 and $24 in almost a perfect zig-zag pattern. That's a 30% short-term move in each trip and the company trades at 5.5x 2009 estimates. JST sayin'

Re: Here’s my first day of trying to fortune8’s signals

Gio — Sun, 18 Jan 2009 16:59:10 -0000

pimaCanyon aren't triple tops and triple bottoms very rare? that is, if you get one on a chart, what is likely to happen is that the triple bottom/top will eventually continue in the direction of the bottom/top, thus negating the triple.

Re: Here’s my first day of trying to fortune8’s signals

Gio — Sun, 18 Jan 2009 17:00:42 -0000

Skates zstock, it looks like its breaking out to me, it has crossed the price level per my drawing. I will keep an eye out on it to see if it returns below the price level early next week, if it does then your prediction will most likely come true.

Re: Here’s my first day of trying to fortune8’s signals

Gio — Sun, 18 Jan 2009 17:03:06 -0000

Don You may be right but I'd be a bit nervous about going in short against the current momentum. eps is past, the education sector has been going up on speculation that they will bet friendly government investment with the incoming admin. Stocks are forward looking.

I'd also not buy CECO here as playing countertrend rallies in such a weak market don't meet my risk management strategies.

At a minimum I'd wait for confirmation via a failure before going short here FWIW.

Re: RTH

Gio — Tue, 20 Jan 2009 18:12:57 -0000

IamLegend06
I dumped my remaining PNC at $29 this morning, only to see it drop 7 more points. Crazy day...any news?

Re: RTH

Gio — Tue, 20 Jan 2009 18:14:23 -0000

Adam_in_DC
56 & 60 next stops for GS

Re: RTH

Gio — Tue, 20 Jan 2009 18:39:03 -0000

Osso

earnings tomorrow: am: ABK, COH,DAL,FCX,USB. pm: LRCX,EBAY.
earnings thursday: am: NOK,POT. pm: AMD,MSFT,GOOG,AAPL,ISRG.
earnings friday: am: GE, SLB.

Re: KSS

Gio — Thu, 22 Jan 2009 15:19:39 -0000

joekool
I'm building a short / put position in one of the few sectors that have done well in the past few months - gold / silver. Gold itself has been hanging around the $850 range for a month now, and looks pretty tired to me. The stocks have doubled since late October and a correction looks imminent. I expect the general market to test the lows of last year, sometime in the next three weeks, and I think gold will follow. I'm shorting AEM, ABX, KGC, PAAS.

Re: KSS

Gio — Thu, 22 Jan 2009 15:24:58 -0000

intercessor
Shorted AAPL Feb 80 puts @ 2.01, eeek.
Shorted MSFT Feb 15 puts @ .22

Wrote T Feb 23 puts from .71 (Jan 15-16)

Re: KSS

Gio — Thu, 22 Jan 2009 15:26:28 -0000

Kemal_1
I bought some SSO for a 5 -6 day trade.

Re: KSS

Gio — Thu, 22 Jan 2009 15:27:10 -0000

Otis JF
I just grabbed a Mar 50 Put on GS. I will only play them to the downside. Ever.
I think that continuing problems in other Financials will just continue to drag on them. They finally reported a loss. Even I know that more are coming from them.

Re: KSS

Gio — Thu, 22 Jan 2009 15:32:22 -0000

Adam_in_DC
Long GS @ 70...2 points too late but oh well

Re: KSS

Gio — Thu, 22 Jan 2009 15:47:45 -0000

DMS425
YES, it is only a matter of time. GE is a bank. GE Capital is more than 50% of their revenue.

Re: AEM, AU,GDX

Gio — Fri, 23 Jan 2009 18:55:17 -0000

yazzer
DANG -look at the volume of the HIG Jun $7.5 PUTs! Something very fishy with this stock - I think HIG may go on a death spiral at some point in the next several weeks....any thoughts about what might account for such a large amount of PUTs being traded? This is not the only day this ihas happened recently.

Re: AEM, AU,GDX

Gio — Fri, 23 Jan 2009 18:55:55 -0000

eastvillboy
Monday is CHOCK full of Earnings across various sectors.

CAT, MCD, KMB and FCX to name a few...

Re: AEM, AU,GDX

Gio — Fri, 23 Jan 2009 19:02:35 -0000

Max Leverage

This weekend is critical. The market thinks either the banks are about to get nationalized, or a 'bad bank' is about to get created. 240K Feb XLF calls were traded early today, roughly a $10MM transaction. Someone knows something, and is going to make a killing, or this is a major head fake.

Re: AEM, AU,GDX

Gio — Fri, 23 Jan 2009 19:16:06 -0000

indusequities
BKX has to cross 28.50 for me to jump in again. I would wait for that to happen next week. If next week we open above 28.50 - 28.60, I'm in financials again for short term trade.

This is weekend and don't want to have any positions open considering the trading range we are in now.

Re: AEM, AU,GDX

Gio — Fri, 23 Jan 2009 19:21:31 -0000

Hi Z,
In the RIMM shorts at 53.5, WMT long 48.05,AEM short 56.6,DAI shorts, still in from 37.5, stop loss 28,thanx.
Brittany

Re: AEM, AU,GDX

Gio — Fri, 23 Jan 2009 19:27:05 -0000

Hi zee,
Thanks for the APOL short. Short 150 at 89.8. + 10 MAR 100 Puts.
Michelle

Re: AEM, AU,GDX

Gio — Sun, 25 Jan 2009 23:46:22 -0000

missrogue
Good girls go to house parties. Bad girls go to the District. Huzzah.

Re: Jan Trading record update

Gio — Mon, 26 Jan 2009 23:58:39 -0000

Eldar Bob
VIX Family: Likely to decline a day or two. This is the only argument I see for staying long with any conviction and it is in a sideways patten..

Re: Jan Trading record update

Gio — Tue, 27 Jan 2009 00:43:01 -0000

Adam_in_DC Tonight update on the NYSE bullish percentage.....both the RSI and MACD histogram have turned up, but we never did get very oversold...so this turn up could turn back down for a further drop.....

http://stockcharts.com/h-sc/ui?s=%24BPNYA&p=D&y...

Re: Jan Trading record update

Gio — Tue, 27 Jan 2009 02:44:05 -0000

skybox
I am getting tempted to sign up and become member. Also, do you bill monthly?

Re: Jan Trading record update

Gio — Tue, 27 Jan 2009 03:52:24 -0000

facesincabs
Hi Z

I have a couple of questions about your service --

Although I am approved, I don't have any experience trading options, are you mainly options or do you cover common stock too?

Re: Jan Trading record update

Gio — Tue, 27 Jan 2009 04:16:42 -0000

bkudla
I like GMCR, it may congest in here a bit, but I can see this 5-6 points higher.

Re: Jan Trading record update

Gio — Tue, 27 Jan 2009 04:23:25 -0000

intercessor
If the market rallies I will short HOG. Heck it may be a good short here...

Re: Jan Trading record update

Gio — Tue, 27 Jan 2009 13:11:06 -0000

JakeGint
Refiners looking ready to run to all of their respective 61.8% retrace lines.

Re: Jan Trading record update

Gio — Tue, 27 Jan 2009 13:15:05 -0000

thehawaiitrader / gio
$vix down -5%. waiting for 43.20 for entry on $FAS ...market too quiet to play downside.

Re: Jan Trading record update

Gio — Tue, 27 Jan 2009 13:16:10 -0000

WeeklyTA
Pre-Fed day

Re: Jan Trading record update

Gio — Wed, 28 Jan 2009 00:07:46 -0000

Greg
I'm thinking I might short at 857.25, which is a double retracement point as I see it.

Re: Jan Trading record update

Gio — Wed, 28 Jan 2009 02:46:32 -0000

indusequities ___
I'm still bullish on financial sector.. Same strategy.. long financials short ES. No changes to that.. 892 is the high target for ES.

But tomorrow opening I may close BCS and BAC depending on hwo they open..

Re: TWM

Gio — Wed, 28 Jan 2009 17:57:20 -0000

Adam_in_DC so 875 and 905? lots of room between the two RLs...scale in carefully

Re: TWM

Gio — Wed, 28 Jan 2009 18:12:02 -0000

Skates GDP numbers might bring us lower!

Re: TWM

Gio — Wed, 28 Jan 2009 18:35:35 -0000

indusequities
Did we hit the target on all?

Feed: Disqus - Latest Comments for indusequities
Posted on: Sunday, January 25, 2009 1:02 PM
Author: indusequities
Subject: Re: Closed YM hedge @ 8010

GOOG - 354
CVX - 76
AAPL - 93.20 (Not GOOG)
IBM - 94.00
http://disqus.com/people/indusequities/#main

Re: TWM

Gio — Wed, 28 Jan 2009 18:40:53 -0000

indusequities
I've a published target of 28.00 on STT :)

Re: TWM

Gio — Wed, 28 Jan 2009 18:45:07 -0000

indusequities
I'll follow up on those targets by the end of this week. And yes $SPX has a target of 892 in the cards, unless we have a major gap down.

Re: TWM

Gio — Wed, 28 Jan 2009 19:13:50 -0000

Phil's Stock World
I'm still very, very, VERY worried about Frida

Re: WLP

Gio — Fri, 30 Jan 2009 00:55:07 -0000

Phil's Stock World
200 to 300 more banks are going to go under.

Re: WLP

Gio — Fri, 30 Jan 2009 01:10:46 -0000

Tim Knight
FCN 46.51 .FCNRJ 3 @ 10.80
FPL 53.31 .FPLRL 3 @ 10.90
APH 30.45 .APHSG 4 @ 9.6
APOL 90 .OAQQS 2 @ 18
NTRS 66.94 .NRQPN 2 @ 16.2
OXY 64 .OXYQM 3 @ 11.90
PX 67.11 .PXPN 4 @ 9.60
ESI 131.82 .ESIPH 2 @ 23.3
EXC 58.98 .EXCPM 4 @ 10.20
CL 69.71 .CLQO 4 @ 10.90
MIL 59.58 .MILPM 4 @ 10.10

Re: WLP

Gio — Fri, 30 Jan 2009 01:13:07 -0000

BovineStew
My plan for tomorrow is if SPX can get to 857 - (854ish on ES) I'll will start shorting at that level. If it breaches that I will go long and try to ride it to 875...if we get there and the tape starts putzing around ...I'm backing up the short truck.

Re: WLP

Gio — Fri, 30 Jan 2009 01:15:29 -0000

thelonewolf
The market has sold off recently before the GDP or job numbers every time. Tomorrow is likely going to be an up day as long as GDP number is not an alright disaster.

Re: Right or Wrong?

Gio — Fri, 30 Jan 2009 13:16:37 -0000

BuyOnTheDip Short steel and things made from steel. *$X, $KUB, $BA, $CAT, etc

Re: Right or Wrong?

Gio — Fri, 30 Jan 2009 15:19:39 -0000

Tim Knight
No way! I'm doing Mays, Junes...........there is no way I'd ever buy a front month.

Re: Right or Wrong?

Gio — Fri, 30 Jan 2009 15:27:35 -0000

thelonewolf
At this very moment, I do not feel GS is a good short or long. (for today only). What do you think ?

Re: Right or Wrong?

Gio — Fri, 30 Jan 2009 17:00:20 -0000

Erikd full long position at the close today. XLF holding 9.50 area today. will stay long as long as we do not close below 8.80 level posted this earlier today.

Re: Right or Wrong?

Gio — Fri, 30 Jan 2009 21:44:36 -0000

JakeGint My take? Sold $UPS March 40 puts. Looooong term support @41 & 42

Re: CVX,XLE,MAT,WMT,CECO,HUM,NOC

Gio — Mon, 02 Feb 2009 16:55:20 -0000

berkshire 3x leveraged (or even double leverage for that matter) stocks are NOT long term investments. They are a SHORT term trading vehicle... PERIOD.

Don't believe me? Compare URE to SRS. Short term SRS is one hell of a trade; long term - volatility kills the leverage.

Re: CVX,XLE,MAT,WMT,CECO,HUM,NOC

Gio — Mon, 02 Feb 2009 16:57:17 -0000

Eldar Bob My guess is there are big bets placed on both sides of this market. Whichever way it goes those on the wrong side are going to exacerbate the move. Trap door or Barack Boom

Re: CVX,XLE,MAT,WMT,CECO,HUM,NOC

Gio — Mon, 02 Feb 2009 17:01:45 -0000

corbincj I agree, any DXO accumulation in the 1.75 - 2.50 range is likely to be paid well in the next 6-9 months.

Re: CVX,XLE,MAT,WMT,CECO,HUM,NOC

Gio — Mon, 02 Feb 2009 17:06:49 -0000

Kemal_1 DJ Transport broke through 2909 low of Nov 21. It is typical for this stage of the decline that one index after the other (or stock) gets a lethal blow.

BKX was the first index, now DJT. DJI is probably the next one.

Re: CVX,XLE,MAT,WMT,CECO,HUM,NOC

Gio — Mon, 02 Feb 2009 17:08:43 -0000

Kemal_1 Short term (this week) that might be true. On an intermediate term basis (4 - 8 weeks), the VIX should exceed 60.

So the next low in the VIX would be a good time to pick up some volatility-sensitive puts (e.g. out of the money by 5 - 10%).

Re: DAL AMR HOW TO GET A 28% GAIN

Gio — Tue, 03 Feb 2009 17:49:14 -0000

pop17--I'm tracking the #superbowlads every year. What's the best? I'd love to hear your favorites.

Re: DAL AMR HOW TO GET A 28% GAIN

Gio — Tue, 03 Feb 2009 18:10:33 -0000

Mosh
Still long YHOO from 10.97$.
Looks like something is going on there...expecting a purchase offer from MSFT untill March from options and stock activity.
Still hold short GS from 87.2$.

Re: DAL AMR HOW TO GET A 28% GAIN

Gio — Tue, 03 Feb 2009 18:12:21 -0000

Sol--sulorca
--
I will be looking to short ES overnight. I expect a down day tomorrow.

Re: DAL AMR HOW TO GET A 28% GAIN

Gio — Tue, 03 Feb 2009 18:13:43 -0000

DJ
Bought FXE FEB 09 133 PUT

Re: GENZ

Gio — Wed, 04 Feb 2009 18:06:09 -0000

Skates ES tanking after hours, what just happened?

Re: GENZ

Gio — Wed, 04 Feb 2009 18:08:35 -0000

Kemal_1 Tomorrow will be an absolute whipsaw, transition day. Up, down, up, down. The important point for bears is just to stick to your position. If you are easy to annoy, stay in bed or do not watch the market. Really, it is the best advice! Take some time off to relax.
;-)

The reason I can make this prediction is the point in the wave pattern where we stand (SPX is in a wave 4 should be followed by a wave 5 down finishing an impulse, then a corrective move up, followed by the beginning of the next move down). In one word, forget about tomorrow.

Friday and Monday should be very profitable for bears.

Re: GENZ

Gio — Wed, 04 Feb 2009 18:11:08 -0000

evolnomis whats going on with RIO today? hella volume in the calls

Re: GENZ

Gio — Wed, 04 Feb 2009 18:12:34 -0000

Barney The bulltards need to reconstitute the Dow without GM GE C BAC.

Re: GENZ

Gio — Wed, 04 Feb 2009 18:18:19 -0000

Osso
AKAM and V....up ah...on earnings...!!!!!

Re: GENZ

Gio — Wed, 04 Feb 2009 18:20:06 -0000

toad37

VISA is popping hard and the ES is just yawning...

Re: GENZ

Gio — Wed, 04 Feb 2009 18:22:55 -0000

thelonewolf
Despite CSCO's "good" results, QQQQ is unchanged. Looks like it is going to be a non-event tomorrow.

Re: GENZ

Gio — Wed, 04 Feb 2009 18:25:27 -0000

globaltrader
Dow Jones (used to) have an unwritten rule that any DJIA stock that gets below $10 gets tossed out of the index. The calculators of the index now have a problem:

Citi (C) = $3.49
GM (GM) = $2.72
B of A (BAC) = $4.70
Alcoa (AA) = $7.82
GE (GE) = $11.26

Re: 20-50 trap

Gio — Thu, 05 Feb 2009 16:28:59 -0000

Adam_in_DC BAC trying to get to $5 AH

Re: 20-50 trap

Gio — Thu, 05 Feb 2009 16:31:30 -0000

Adam_in_DC Well caught some of the MA but so chicken in this atmosphere to hold for a long time...MA @ 160 is some serious resistance

Re: 20-50 trap

Gio — Thu, 05 Feb 2009 16:32:38 -0000

Kemal_1

Regarding the SPX, I see only two real possibilities:

a) we continue sideways by extending the triangle from abc to abcde

b) down

With zero earnings visibility (most cos refuse to give an outlook), anyone buying at 845 would be a fool. A big risk premium needs to be baked in, i.e. stocks have to get much cheaper before one can take on the risk.

Re: 20-50 trap

Gio — Thu, 05 Feb 2009 16:40:53 -0000

SnPMonster
XOM was a nice long trade... Following my rule of staying in cash before any single piece of news.

Re: 20-50 trap

Gio — Thu, 05 Feb 2009 16:44:57 -0000

ISLDGUY
Goldman Sachs at 23% fib retracement

http://www.screencast.com/users/isldguy/folders...

Re: 20-50 trap

Gio — Thu, 05 Feb 2009 16:58:27 -0000

Barney Ultras: YCL YCS

Re: 20-50 trap

Gio — Fri, 06 Feb 2009 01:16:19 -0000

dvolatility I think the $BDI (Baltic Dry Index) is going to fall backwards it's so steep, must be a correction coming.

Re: 20-50 trap

Gio — Fri, 06 Feb 2009 14:38:45 -0000

Bonddad
Every time the oil market attempts to ignite a rally, an upsurge from the sea of crude stored on waterborne tankers snuffs it out.

The accumulation of oil held in "floating storage" gained speed in December, as available space in traditional onshore storage hubs dwindled due to excess supplies. This floating storage is now among the biggest impediments to oil prices recovering any of the ground lost over the past six months. Companies are quick to sell cargoes at the hint of a turnaround, unleashing a flood of oil onto the market.

Re: http://zstock7.com/?p=518

Gio — Fri, 06 Feb 2009 16:49:42 -0000

pimaCanyon I hope you're right. Give me one more chance to go short. I just had a weird feeling that we might gap down Monday and never look back. I'd be kicking myself for holding out for the 880+ price on ES and having the train leave without me.

I still think we need to reach 876 ES, but that could happen after hours.

How high do you expect the rocket to go?

Re: http://zstock7.com/?p=518

Gio — Fri, 06 Feb 2009 16:51:12 -0000

Erikd still long XLF with close over 9.68 level... i did take some nice profits today.

http://www.screencast.com/users/erikdbrucker/fo...

Re: http://zstock7.com/?p=518

Gio — Fri, 06 Feb 2009 16:52:55 -0000

agwarner it's funny, I was pinging with VIX and More Bill about that. I do think VIX primed to get plowed to the low 30's maybe, particularly with expiration and a holiday coming up. But by the same token, sure feels like a Monday gap up has a great shot to be at/near the high of the week, and if that's the case, doubt VIX getting creamed so fast

Re: http://zstock7.com/?p=518

Gio — Fri, 06 Feb 2009 16:53:18 -0000

Mr_L got SKF in 123's

Re: http://zstock7.com/?p=518

Gio — Fri, 06 Feb 2009 16:54:21 -0000

fa_q Pretty impressive as it was only in the 123's for about a minute. Nice buy. Of course it may be in the teens on Monday. But a damn good buy as you can flip it AH for 3 pts.

Re: http://zstock7.com/?p=518

Gio — Fri, 06 Feb 2009 16:56:13 -0000

pimaCanyon seems like JPM and GS are still priced up in the stratosphere with nothing but air below them.

Re: http://zstock7.com/?p=518

Gio — Fri, 06 Feb 2009 16:58:20 -0000

Barney BBBY bearish wedge on dec volume under horizontal resistance & 50D.

Re: http://zstock7.com/?p=518

Gio — Sun, 08 Feb 2009 17:48:52 -0000

Master Shake Pulling back before making a new high or struggling before a breakdown?

Impossible to say. But this is what I'm looking at to determine a new
trend, should one emerge.

http://stockcharts.com/h-sc/ui?s=$NYSI&p=D&yr=2...

Re: INTC, easy trend channel to buy and short–

Gio — Mon, 09 Feb 2009 17:46:49 -0000

Woodshedder
Short term, I’m bearish.

Intermediate term, over the next month or two, I am still slightly bullish. I expect that the indices will drift upward, and go positive on the year.

Long term, over the next 6 months to 1 year, I’m bearish. I believe strongly that the November lows will be breached again.

Re: INTC, easy trend channel to buy and short–

Gio — Mon, 09 Feb 2009 17:52:00 -0000

BovineStew
As expected ES is heading south AH. I would love to see it get down to 859ish.

Re: INTC, easy trend channel to buy and short–

Gio — Mon, 09 Feb 2009 17:53:27 -0000

Insect Overlord
/NQ is not as quick to follow...it's actually down a whopping $1. I think the market is almost like a school of fish right now...the first one to get skittish and veer off the path and head south will draw the others to it.

Re: INTC, easy trend channel to buy and short–

Gio — Mon, 09 Feb 2009 17:54:24 -0000

Tinytreetrader
There is a poll on CNBC asking if you trust what analysts say. Current response is 3% yes - 93% no - 3% don't know. A related article shows that only 5.9% of stocks have a sell rating. Anyone ready for a fall?

Re: INTC, easy trend channel to buy and short–

Gio — Mon, 09 Feb 2009 17:56:19 -0000

MyLifeMyTrade
I remember how the indices tanked late Sept as the house was voting on the bailout... and by the time we were done, indices were done 6 to 8%.... I see the same happen tomorrow as Geithner speaks... we might have a 10% down day tomorrow.... that would be some welcome for our treasury secretary.

Re: INTC, easy trend channel to buy and short–

Gio — Mon, 09 Feb 2009 17:57:25 -0000

Rosabarba
That would be great, though the Sept. vote was both a rejection and a surprise. I don't know that we have quite the same set up this time around, though I'm net short and would be happy with a drop half that size.

Re: INTC, easy trend channel to buy and short–

Gio — Mon, 09 Feb 2009 18:00:43 -0000

Hi Z!
I'm ahead $1500 on your picks from last week. I opened some short positions on the refineries today.
Michelle

Re: INTC, easy trend channel to buy and short–

Gio — Mon, 09 Feb 2009 18:09:46 -0000

John C Lee
The most important technical area right now is the 50-day MA. This moving average has caused a lot of grief for bulls since 2007. We are still in a huge neutral range.

Re: INTC, easy trend channel to buy and short–

Gio — Mon, 09 Feb 2009 23:35:46 -0000

agwarner looking at post fact charts, feels like "key" turns in $FCX, $MOS, $POT

Re: INTC, easy trend channel to buy and short–

Gio — Mon, 09 Feb 2009 23:36:42 -0000

BlackDogTrader come on $SBUX, time to tank! Volume drying up.

Re: INTC, easy trend channel to buy and short–

Gio — Mon, 09 Feb 2009 23:38:01 -0000

Danny_iBC short $GS 98, tight stop 25-30¢

Re: INTC, easy trend channel to buy and short–

Gio — Mon, 09 Feb 2009 23:38:36 -0000

thehawaiitrader Ags fading. check $POT and $MOS... testing the open

Re: QQQQ

Gio — Tue, 10 Feb 2009 20:08:20 -0000

Urszula, the 50 and 200 SMA are touching for GLD. You will get your cross this week, I suspect.

Re: QQQQ

Gio — Tue, 10 Feb 2009 20:08:27 -0000

Downandout

I like shorting gold here (talking my book). It's been hangin' tough, but it's time for a 10-20% haircut in the gold price and IMO it starts this week. Got into DZZ today near the close.

Re: QQQQ

Gio — Tue, 10 Feb 2009 20:13:33 -0000

eastvillboy
They're doing a squeeze in Financials after hours. Sort of been the pattern after big down days like this...

Re: QQQQ

Gio — Tue, 10 Feb 2009 20:13:45 -0000

writersblock
Stimulus passed.

Re: QQQQ

Gio — Tue, 10 Feb 2009 20:37:08 -0000

TraderTamas
Oh market gods,

Please bless me with a slight gap UP tomorrow so I can gather some fresh SPY puts.

Amen.

Re: Trading record Some Jan’s Some Feb’s

Gio — Thu, 12 Feb 2009 16:29:46 -0000

haoqfu
guys, tomorrow may be the historical day. i really suspect it's fake head today, just look at the low volume. Tomorrow will be Black Friday!

Re: Trading record Some Jan’s Some Feb’s

Gio — Thu, 12 Feb 2009 16:31:49 -0000

Insect Overlord
I did short the /NQ about 5 minutes before the closing bell. I'm with mole though...if a reversal is not immediate, I'm out. There are multiple levels of ridiculousness:

Re: Trading record Some Jan’s Some Feb’s

Gio — Thu, 12 Feb 2009 16:33:56 -0000

Kemal_1 That's the top.

Keep your shorts by all means.

Re: Trading record Some Jan’s Some Feb’s

Gio — Thu, 12 Feb 2009 16:36:30 -0000

Goldmund
Just made a quick 45% on a Feb SPY 81 call daytrade, in about 30 mins.

I was watching XLF. 8.67 is the uber-important level; that's the November low. That's exactly where XLF landed and I was looking for a bounce... As soon as I saw XLF rising, I bought the SPY calls, around 81.4. When I realized that we have a romp, I waited until the gap was almost filled, and sold at 83.4 or so.

Too bad I only ever daytrade with less than 2k a trade...

But yeah, watch that 8.67 level on XLF. It never disappoints.

Re: Trading record Some Jan’s Some Feb’s

Gio — Thu, 12 Feb 2009 16:38:15 -0000

oxyinvestor
Bought some CCO & WFMI.

http://www.oxyinvestor.com/2009/02/bought-some-...

Re: Trading record Some Jan’s Some Feb’s

Gio — Thu, 12 Feb 2009 16:39:23 -0000

CowboyTrader

My whole account was up 35% and in 45 minutes ended up down 5% - that is just wrong ... guess that is why i need to set trailing stops

Re: V

Gio — Fri, 13 Feb 2009 16:30:40 -0000

Adam_in_DC
Have a good long weekend everyone!!

Re: V

Gio — Fri, 13 Feb 2009 16:52:21 -0000

urszula
Enjoy yourself! Do something wonder

Re: V

Gio — Fri, 13 Feb 2009 16:54:40 -0000

BovineStew
Isn't Monday a holiday?

Re: V

Gio — Fri, 13 Feb 2009 16:55:43 -0000

InthePink
hope everyone has a good weekend, I'll be doing some charting later

Adios!

Re: V

Gio — Fri, 13 Feb 2009 16:58:14 -0000

Master Shake
I'm dubious that we're seeing manipulation.

A potential Occam's Razor explanation: You have a bunch of traders piling in long under 820 and selling above 840.

This is going to work brilliantly right up until the moment that it doesn't. At that point, I suspect we'll bust the range and the VIX.

Re: V

Gio — Fri, 13 Feb 2009 17:01:09 -0000

1929
History shows tuesdays as black days for the mks
Mks re-open on tuesday {: >)

Re: V

Gio — Fri, 13 Feb 2009 17:01:54 -0000

az
well, no need to back too far, I was up big entering this past MLK long weekend and got killed the tuesday morning after. Hopefully this time the joke won't be on me again.

Re: V

Gio — Fri, 13 Feb 2009 17:03:06 -0000

Archimago

Wow. Check out that last bar on the SPY. 84 down to 82.8 in 5 minutes, highest volume of the day, and dumpage continues in after hours.

Nice... For bears...

Re: V

Gio — Fri, 13 Feb 2009 17:04:49 -0000

g_man
Tuesday, not looking good.....for da bulls

Re: V

Gio — Fri, 13 Feb 2009 17:08:43 -0000

Kemal_1
BKX and XLF are both negative today. There is absolutely no reason for me to close any short position anytime soon.

Re: Financial Market

Gio — Sat, 14 Feb 2009 16:49:51 -0000

pop17-- Happy Valentines Day- Special goods for you today- http://tinyurl.com/c5fz9h

Re: Financial Market

Gio — Sat, 14 Feb 2009 17:36:32 -0000

ZigZag
Loading up on the March $70 SPY puts, and trading the swings in SKF and SRS. I've been short XOM, HBC and XLF for a quite a while now. Went short GS before the close today.

Re: Financial Market

Gio — Sat, 14 Feb 2009 18:18:43 -0000

kkmoney
This is why I shorted GLD for a trade: http://screencast.com/t/9Utvl6W4

Re: TEVA

Gio — Sun, 15 Feb 2009 16:02:17 -0000

Max Leverage
Gold is getting close to levels where the short squeeze goldbugs have been praying for since early '08 might happen. On the other hand, gold prices are going up on fumes. The demand is investment-driven, foreign buyers are dropping out. Note that gold is going up in dollars even as the dollar strengthens.

I see the Superbowl Cash4Gold ads as a signal of an imminent blow-off top, not a sign of enormous smart money demand. Their profits come from the supply side, not the demand side, IMO.

It's a dynamic situation, and needs to be traded as such.

Re: TEVA

Gio — Sun, 15 Feb 2009 16:04:15 -0000

Kemal_1
I analyzed the major currencies and I see a strong possibility for a significantly stronger USD (EUR/USD will go down, what is new is that USD/JPY might also turn UP). That does not bode well for gold and silver and the miners.
The break out in gold did not show strong follow through, as it should have if it were for real. There are also negative divergences in the MACD for gold and silver.

Based on that I would NOT buy any miners now. Wait until they are 30 - 50% lower.

Re: TEVA

Gio — Sun, 15 Feb 2009 16:11:58 -0000

Kemal_1
There is still an open gap in the Vix (around 39), I am afraid it will get filled before the Vix will roar higher. So you did the right thing and cut your losses. Take it as an investment into the future because you preserved most of your capital.

Re: TEVA

Gio — Sun, 15 Feb 2009 16:13:18 -0000

Kemal_1
I looked at almost everything and noted that oil, like so many currencies, is also in a triangle pattern. On Friday it seems to have started the last leg (the e leg of an abcde triangle) up. So oil related shares may help the DJI and SPX to rise one last time before the fall.

Re: TEVA

Gio — Sun, 15 Feb 2009 16:45:44 -0000

Goldie Says:

Paris Hilton=Donkey Punch

Re: TEVA

Gio — Sun, 15 Feb 2009 16:46:33 -0000

The Chart Addict Says:

The people voting for Paris Hilton obviously want to smack her on the ass.

Re: TEVA

Gio — Sun, 15 Feb 2009 16:48:00 -0000

Goldie Says:

OK how about judo chop Cramer in the throat and dick smack Paris Hilton in the face.

Re: TEVA

Gio — Sun, 15 Feb 2009 16:49:12 -0000

Gio Says:

I slapped Ken Lewis.

Re: TWM

Gio — Tue, 17 Feb 2009 14:04:15 -0000

Mr_L if the s&p drops to 500 like atilla says prob u get your 1.6

Re: TWM

Gio — Tue, 17 Feb 2009 14:06:06 -0000

chartsandcoffee Breakdown is almost confirmed -

http://chartsandcoffee.blogspot.com/2009/02/bre...

Re: TWM

Gio — Tue, 17 Feb 2009 14:11:23 -0000

moo
i have no trade today so far...just watching.

Re: TWM

Gio — Tue, 17 Feb 2009 14:15:58 -0000

MyLifeMyTrade
I have updated my posting on SRS going to $200 with some more details on why and how it will go to $200. These details were missing initially
http://survivalkitsandtips.com/

Re: SRS

Gio — Wed, 18 Feb 2009 14:49:33 -0000

Adam_in_DC MS volume pretty weak today...i would think next stop is $18-15-12-9

Re: SRS

Gio — Wed, 18 Feb 2009 14:51:28 -0000

DrMalaka
***Adam, what is your thought on MS? It gapped up at the beginning of January and has not closed below $20 until yesterday and it looks like today it will close below again. If it holds below there then next stop is 15.

Re: SRS

Gio — Wed, 18 Feb 2009 14:52:12 -0000

Barney The index for IYR/URE/SRS is $DJUSRE - an index of 80 REITs and Real Estate Holding & Development companies.

Re: SRS

Gio — Wed, 18 Feb 2009 15:05:38 -0000

Atilla M. Demiray
In this bear, NDX is the most lagging index, it is now the most shortable index as it has a lot to catch up.

Re: SRS

Gio — Wed, 18 Feb 2009 15:09:20 -0000

Insect Overlord --
Not that my directional calls have been worth have a f*** lately, but I think gold has approached a very defensible shortable position. If I can get good confirmation on two time periods (namely, 1hr and 15 minute) then I'll short it.

http://www.screencast.com/users/headbanger51/fo...

Re: SRS

Gio — Wed, 18 Feb 2009 15:12:04 -0000

Enfinity -- It's $50 from a textbook double top and there's gravity pulling it to the round number of $1,000.

Re: SRS

Gio — Wed, 18 Feb 2009 15:12:45 -0000

Insect Overlord --- Funny you mention that. I've been looking at going short gold for awhile now. If it can just climb a little more up to 989 that would be just swell. But as it stands, it is at a very shortable level and the stop is very easy to see as well...if I get a good signal on both the 1hr and 15minute timeframe, I'm gonna short it...

Re: SRS

Gio — Wed, 18 Feb 2009 15:22:26 -0000

Kemal_1 I looked at the Bidu chart. It had a long consolidation and looks ready to move lower, maybe down to the 93 support area.

Personally, I would not short any stock before earnings. It may first spike up. You never know.
Basically, I would short upon a break down from the extended triangle pattern.

Shorting a whole index, such as FXI, might be safer. FXI could fall as low as 15.

Re: SRS

Gio — Wed, 18 Feb 2009 16:21:15 -0000

yazzer
HPQ getting hammered

Re: SRS

Gio — Wed, 18 Feb 2009 16:23:00 -0000

globaltrader
HPQ big miss on revs

Re: SRS

Gio — Wed, 18 Feb 2009 16:24:01 -0000

urszula
What's going on?

Re: SRS

Gio — Wed, 18 Feb 2009 16:26:02 -0000

yazzer
the Qs are at 28.98 - down 27c from the close (a 1% hit in 15 minutes)

Re: Feb– trading record

Gio — Thu, 19 Feb 2009 03:25:07 -0000

kkmoney -- BBY, potential trendline and fib level breach

http://www.screencast.com/users/KUNTALSHAH/fold...

Re: Feb– trading record

Gio — Thu, 19 Feb 2009 03:36:28 -0000

OptionAddict
The problem I have, Mr Coffee, is the way my site is used to drive traffic to your site.

In my 5 years of blogging, I never linked to my site through someone elses blog. Ever. I earned my links.

Please feel free to contribute, but stop trying to entice my audience, whatever is left, with your charts and your coffee.

OA

Re: Feb– trading record

Gio — Thu, 19 Feb 2009 03:46:02 -0000

Adam_G Once mean housing prices in an area reach 3x mean gross salary, housing prices have bottomed.

Re: Feb– trading record

Gio — Thu, 19 Feb 2009 04:43:19 -0000

Wow zee, I've been following your sitemeter!
You are up to 10,000 readers a month. That's amazing.
Brittany.

Re: DE,MOO

Gio — Thu, 19 Feb 2009 17:14:49 -0000

Hi Zee!
I closed out my CECO puts for a 2.2K gain.
Thank you!
Brittany

Re: DE,MOO

Gio — Thu, 19 Feb 2009 17:19:15 -0000

pcp135

Got it. Check PCLN.

Re: DE,MOO

Gio — Thu, 19 Feb 2009 17:23:06 -0000

Adam_in_DC
HIG is still a great short IMO...still 30 cents for a gap fill, and easy to see it test the $4 level again...increasing selling volume today too.

COF could also continue to fall...increasing sell volume today too
http://disqus.com/people/Adam_in_DC/#main

Re: DE,MOO

Gio — Thu, 19 Feb 2009 17:27:02 -0000

Kemal_1
We have seen that yesterday and in part (some hours) today. It is especially prevalent in index options. Have a look at the run up to the late September, early October sell off last year. There are two clear spikes preceding the sell off. One was mid of September and the other one just immediately before the sell off.

http://stockcharts.com/h-sc/ui?s=%24CPCI&p=D&yr...

Re: DE,MOO

Gio — Thu, 19 Feb 2009 17:28:25 -0000

Kemal_1
Even today, one will be able to make money on shorting GS at the right moment.
http://disqus.com/people/Kemal_1/#main

Re: DE,MOO

Gio — Thu, 19 Feb 2009 20:13:53 -0000

I think the DE trade looks good too. I like the way the EPS numbers are super-imposed on the charts.

Re: P^3

Gio — Fri, 20 Feb 2009 01:11:14 -0000

BOTD
we quickly added *WFC puts on Wells Fargo's mini midday pop to 12.73ish ... next, we all watched WFC break open a 12 pack as the DOW broke the "O" bottom. ( WFC daily low $11.94) ... we own the MARCH 10s (33,000 contracts traded today) hmmmm, go team!

Re: VZ–

Gio — Fri, 20 Feb 2009 14:35:47 -0000

Atilla M. Demiray --- Guys and gals, I expect SPX to test minimum 790 next. I am completely out of all bearish positions. Looks like Sol let you know realtime.

Re: VZ–

Gio — Fri, 20 Feb 2009 14:45:19 -0000

Erikd will reload march puts early next week. i am taking a smoke break now.... 8>)

Re: VZ–

Gio — Fri, 20 Feb 2009 15:13:34 -0000

TraderTamas
I think SPX is going to 815 early next week followed by a plunge below 740 to make new lows!

Re: VZ–

Gio — Fri, 20 Feb 2009 15:15:42 -0000

machwa
bought April $7.50 AA calls @ $.50

Re: VZ–

Gio — Fri, 20 Feb 2009 16:20:36 -0000

Kemal_1
The close will be above the upper trendline of the falling wedge. That is what counts.

The close will still be negative, but several indicators (NYMO, NYHILO) are positioned for a strong reflex rally.

My best guess is that wave 1 of 3 of 5 finished today. So 2 of 3 of 5 will retrace anything between 38 and 62 % of the fall from 875.

Re: HUM winner

Gio — Mon, 23 Feb 2009 20:15:06 -0000

winhedge I will be a buyer around 741. Bought 4000 sh of NYX at $16.65, PCX 10000 shs at $3.05, X 3000 shs at $20.20, AA 6000 shs at $5.83. Let's wait and see. Good luck to you all.

Re: HUM winner

Gio — Mon, 23 Feb 2009 20:19:23 -0000

Treasurehunter
CBI filled at 7.60

Re: HUM winner

Gio — Mon, 23 Feb 2009 20:24:57 -0000

mSquare

ACS is a favorite short, you may also like INFY (in the same industry) as a short. It is hanging-in there quite well in spite of the general sell-off.

Re: HUM winner

Gio — Tue, 24 Feb 2009 15:37:42 -0000

Kemal_1
Waves 4 retrace not more than 38.2% in most cases.

So wave 3 of 5 started at 875 and, tentatively, ended at 743. That is 132 points, 38% are approx. 50 points. So the 'natural' max retracement would be 743 + 50 = 793.

Re: My 87% to 95% winning trading record stays in tact thru FEB–too!!!

Gio — Tue, 24 Feb 2009 16:29:16 -0000

songdragon
Picking up puts whenever SKF reaches 200 is a fairly safe play. Because of the nature of the beast the market would have to have to basically go to zero at a steady pace to keep it above 200. When it does spike above 200 buy more because its going to come right back down. Seems to base around 120ish. I think this can be applied to most of the 3x ETFs.

Re: My 87% to 95% winning trading record stays in tact thru FEB–too!!!

Gio — Tue, 24 Feb 2009 16:30:53 -0000

yazzer
yeah - someone posted that SKF puts on OPEX can really make you money...dunno if he was messing but 20 contracts at 5c at noon supposedly netted him a 60-bagger...it WAS POSSIBLE this past OPEX - if you hit it right....I will remember that for next time - gamble a bottle of Dom Preignon against winning a roundtrip tix and a wekk in Paris....

Re: My 87% to 95% winning trading record stays in tact thru FEB–too!!!

Gio — Tue, 24 Feb 2009 16:31:57 -0000

TraderTamas
There was a guy who made a post a month ago about how him and his trading partner put all their funds in SKF calls when it's down and wait for it to go back up. He said that they had 900% gains overall in 2008.

Re: My 87% to 95% winning trading record stays in tact thru FEB–too!!!

Gio — Tue, 24 Feb 2009 16:32:37 -0000

Goldmund
That's yours truly. The gains are now up to 1300%. :)

Re: VNO, CECO option helper

Gio — Wed, 25 Feb 2009 21:34:42 -0000

Kemal_1 I would strongly recommend against it. STRONGLY.

If you want to profit from the volatility, buy April 74 or 70 SPY puts.

Your return will be MUCH greater.

The Vix calls are for market makers to hedge against volaitility. That's all. They want to keep their costs as low as possible. That is why you will hardly earn any money with Vix calls. Moreover, since the Vix peak likely will be in March, you would have to buy March calls. Bottom line; GO WITH SPY PUTS.

Re: VNO, CECO option helper

Gio — Wed, 25 Feb 2009 21:36:36 -0000

Keirsten A I G

They're much too quiet about it

Re: VNO, CECO option helper

Gio — Wed, 25 Feb 2009 21:43:56 -0000

pikertrader
$TRAN did make a new low today.

Re: TSCO

Gio — Thu, 26 Feb 2009 17:00:41 -0000

ZigZag SPX crash target..

http://dl.getdropbox.com/u/312885/SPXCrash.png

Re: TSCO

Gio — Thu, 26 Feb 2009 17:02:15 -0000

thunda72
Damn, dude.... that's some doom and gloom there...

Re: TSCO

Gio — Thu, 26 Feb 2009 17:02:54 -0000

maya
ZiZag I love your chart
do you expect to happen in March

Re: TSCO

Gio — Thu, 26 Feb 2009 17:04:26 -0000

Adam_in_DC
if we get fas above 6 & xlf above 8.3...we are set for a rally tomorrow

Re: TSCO

Gio — Thu, 26 Feb 2009 17:05:07 -0000

Atilla M. Demiray
We will likely close the week around 750 after making marginal low today or tomorrow. After that get yourself ready for one of the biggest selling climaxes you have ever witnessed.

Re: EPS destruction.

Gio — Sat, 28 Feb 2009 01:10:45 -0000

Max Leverage
If there isn't something massively negative (Europe is in focus) this weekend to generate intense bearish sentiment and selling pressure, a short squeeze could be possible. But the retail crowd is still being urged to buy, which means to me that the institutional/hedgie crowd needs someone to sell to. I think a gap down is all but assured.

Re: EPS destruction.

Gio — Sat, 28 Feb 2009 01:11:33 -0000

Duuuuuude
OK, my weekly wave count is out the window and I agree we are headed lower, but we still have to overcome the euro/yen spread first which many maintain the Yen/Euro cross is a precursor to stock market direction.

Re: EPS destruction.

Gio — Sat, 28 Feb 2009 01:20:22 -0000

Adam_in_DC
So wait...we just made new closing lows on both the Dow & the SnP.....right?? And CNBC totally blows it off like it was a good day....WTF!!!

Re: EPS destruction.

Gio — Sat, 28 Feb 2009 01:21:46 -0000

vodka_tonic
good lord, look at IBM,....it's on a major run.....a good short anyone ?

Re: ICE at $57-60 is a short

Gio — Tue, 03 Mar 2009 02:02:31 -0000

dowoper8tr
I'm wondering what your trade impetus was for the long side on the above stocks you mention. Are these value plays or bounce plays?? Long term or short term?? What TA setups do you use as your trade signal?

Re: ICE at $57-60 is a short

Gio — Tue, 03 Mar 2009 02:03:08 -0000

pimaCanyon
agreed. if 3 of 5 bottomed today, then 760 SPX is likely. That would be the likely top of wave 4 of 5 and the last time to reload the shorts for the final plunge to new lows.

Re: ICE at $57-60 is a short

Gio — Tue, 03 Mar 2009 02:05:53 -0000

It Takes a Thief
Commodities for the most part seemed resilient. Lumber had a good day.

Re: ICE at $57-60 is a short

Gio — Tue, 03 Mar 2009 02:07:11 -0000

dowoper8tr
Uh-oh, i got short USO again today. Chasing it on my entry but I still see high teens in the future. Less committed to oil than I am at seeing pricey burritos take a dive. CMG needs to go down!

Re: ICE at $57-60 is a short

Gio — Tue, 03 Mar 2009 02:09:43 -0000

Kemal_1
SPX may bounce tomorrow.
1.6 * wave 1 (1.6 * 140 = 224, so bottom of 3 of 5 should be around 650).

Re: ICE at $57-60 is a short

Gio — Tue, 03 Mar 2009 02:11:41 -0000

chartsandcoffee
The downside momentum in this market is nuts. I'm going through my charts again tonight to see if I can get some clues on your 10% lower question.

Re: XLU, I’ll try an average down method

Gio — Tue, 03 Mar 2009 17:50:10 -0000

Adam_in_DC
Carterworth"less" telling us why the bottom is here!

Re: XLU, I’ll try an average down method

Gio — Tue, 03 Mar 2009 17:52:20 -0000

solo899
I always thought he was a pretty good Chartist. He does explain why the 'doomsday' bloggers may not be right. I think this weak will show one way or the other.

Re: XLU, I’ll try an average down method

Gio — Tue, 03 Mar 2009 17:54:57 -0000

ZigZag
Google CEO is also now saying: 2009 to be a 'tough, tough' year...

Re: XLU, I’ll try an average down method

Gio — Tue, 03 Mar 2009 17:57:53 -0000

machwa
Revenue misses on lower demand.

Re: EIX,If,This keeps up, I may stop posting charts here!

Gio — Wed, 04 Mar 2009 16:42:06 -0000

cubby
Govt to discuss suspending Mark-to-Market... look out above on the financials.

Re: EIX,If,This keeps up, I may stop posting charts here!

Gio — Wed, 04 Mar 2009 16:56:55 -0000

Master Shake

2-day 1-minute TICK chart with .5, 1, 2-day EMAs
http://www.screencast.com/users/master_shake/fo...
Note high $TICK that signaled possible top which was then confirmed by weakness.

I don't like to use this chart for signals, but it is very helpful to confirm/deny price action.

Re: EIX,If,This keeps up, I may stop posting charts here!

Gio — Wed, 04 Mar 2009 16:57:48 -0000

drydenprice
Still long BIDU and CLF. Added RIMM at the close. I expect the market to chop upwards for a bit. Late day selloff made sense to me. All in all, a great day. Folio up by 10%, because BIDU and CLF were monsters.

Re: EIX,If,This keeps up, I may stop posting charts here!

Gio — Wed, 04 Mar 2009 16:59:15 -0000

Goldmund

SKF July 200s. I'm not necessarily convinced in a market reversal yet, so I'm still sticking with Julys. My style is to put lots of money in safer plays, rather than small amounts in front-month options (I also value my sleep). And 200s because I believe that with puts, intrinsic value is the key, because if this play wins, there will be a large decrease in SKF's implied volatility.

I plan on holding this for a long while, hopefully until SKF reaches 100 or so.

Re: MSFT

Gio — Thu, 05 Mar 2009 17:10:04 -0000

Adam_in_DC
Look at teh daily volume on FAS...291 Million!!! highest ever...capitulation volume??? maybe??

Re: MSFT

Gio — Thu, 05 Mar 2009 17:10:58 -0000

Adam_in_DC

Check out the cover rally in HIG at the EOD...50 cents in like 15 minutes...HIG might be a better play than FAS if there is a rally.....I'm thinking individual stocks will bounce further than an etf even if it is 3X.....thoughts? anyone?

Re: MSFT

Gio — Thu, 05 Mar 2009 17:13:12 -0000

DMS425
A lot of the fundamental guys that manage the cash on the sideline have been waiting for this decline. I think they are going to make a stand any day now, 650 is my critical level. I am also going to make a stand. Just covered 60% shorts and puts and moved some money long. I REALLY BELIEVE A LOW IS GOING TO BE MADE EARLY NEXT WEEK IF NOT TOMORROW.

Of course this is IMHO.

Re: MSFT

Gio — Thu, 05 Mar 2009 17:14:09 -0000

winhedge
Bought DIG.

Re: MSFT

Gio — Thu, 05 Mar 2009 17:16:43 -0000

Erikd
indicators 7 for 7 stay short..............

Re: MSFT

Gio — Thu, 05 Mar 2009 17:17:24 -0000

TomOfTheNorth
ya had me @ " 7 for 7" lol

Re: MTB

Gio — Sat, 07 Mar 2009 01:16:35 -0000

ZigZag
Hi

I'm still short, but I hedged some today on that reversal. We might be going up early next week before a major crush down...

Re: MTB

Gio — Sat, 07 Mar 2009 01:18:30 -0000

vodka_tonic killer week for me........KILLER !!!

Re: MTB

Gio — Sat, 07 Mar 2009 01:20:21 -0000

Erikd holding shorts over the weekend.... indicators lining up nicely still....

Re: MTB

Gio — Sat, 07 Mar 2009 01:21:11 -0000

katzo7
Holding flat over weekend.
There are bulls and bears, I am a chicken

Re: MTB

Gio — Sat, 07 Mar 2009 01:22:12 -0000

evolnomis
looks like some profit taking before the weekend...don't blame them doing it...long FCX to hedge my short portfolio...still think market will crash monday morning...

Re: MTB

Gio — Sat, 07 Mar 2009 01:23:51 -0000

Kemal_1
the end (of this sell off) is near. Positive divergences are present on several indicators (RSI, MACD diagrams)

Re: CAL

Gio — Mon, 09 Mar 2009 17:34:50 -0000

T.B. Aurelius
79 points is now 1.21% for DOW...
Amazing how quickly things change...

Re: CAL

Gio — Mon, 09 Mar 2009 17:36:42 -0000

aviat72
Over the last two days the last man standing (Nasdaq/Tech stocks) are being taken to the cleaners. The bear has shifted targets. I am not sure the how long the Techs will be mauled but once that is done, we might be ready for a broad based bounce.

Re: DIA

Gio — Tue, 10 Mar 2009 20:06:42 -0000

Kemal_1
Absolutely, short this dog into the ground!

;-)

Re: DIA

Gio — Tue, 10 Mar 2009 20:09:14 -0000

Kemal_1
There was considerable accumulation of new shares (rather than distribution) on NYSE today. This rally may prove to have more legs. I would wait until 740 area before starting to short.

Re: Trading record

Gio — Wed, 11 Mar 2009 13:34:52 -0000

Kemal_1
Based on multiple considerations, I indeed feel very compelled to change my view. Today's high may been the end of 4 of 5 and 5 of 5 may have started two hours ago.

Also look at the Nasdaq retracing to its neck line. Looks ready for a precipitous fall.

Re: Trading record

Gio — Wed, 11 Mar 2009 13:36:04 -0000

pimaCanyon
AMZN 2 min bars: triangle seems to be playing out. TA pattern experts: Does this project to a price of around 68.50?

Re: Trading record

Gio — Wed, 11 Mar 2009 15:18:39 -0000

NEW POST

Re: MCD–

Gio — Wed, 11 Mar 2009 15:24:27 -0000

Barney
Demand for 10 year treasury notes still strong but falling each month:

March bid to cover 2.14, yld 2.98%
Feb bid to cover at 2.21, Yld 2.71%
Jan bid to cover 2.59 Yld 2.34%
Demand falling each month, yield climbing. Bad for Government borrowing costs and US$.

Re: MCD–

Gio — Wed, 11 Mar 2009 15:51:07 -0000

T.B. Aurelius
I am digging deeper now...
SKF Mar calls...

Re: MCD–

Gio — Wed, 11 Mar 2009 15:54:16 -0000

Little Fish
I am not shorting anything new this afternoon ... the big money is waiting for the "mark to market" news tomorrow while holding prices up ...

Re: MCD–

Gio — Wed, 11 Mar 2009 15:55:26 -0000

drydenprice
Reloaded Mar SPY 72 Puts.

Re: MCD–

Gio — Thu, 12 Mar 2009 14:30:21 -0000

MACT
My post from this Sunday still stands...we now have 0.38 retrace of 3 of 3 at 745 SPX...just when most people cant take no more and bail is usually the top....jmho of course.,...see below for sunday post.

Re: MCD–

Gio — Thu, 12 Mar 2009 16:04:42 -0000

Black Friday?

Re: BBY

Gio — Mon, 16 Mar 2009 13:52:24 -0000

Barney
Anyone long Can$ or Austrian$ - the commodity currencies? They are strong vs. US$. ETFs: FXC FXA. New Zea$ ETF is BNZ but is thin.

Re: UPS

Gio — Mon, 23 Mar 2009 14:02:21 -0000

Adam_G Long the CME 240-270 strangle.

Re: WDC turn $1200 into $1600

Gio — Sat, 28 Mar 2009 14:51:57 -0000

Kemal_1
The SPX may go up one last time to close this morning's gap, maybe even slightly higher to the upper side of a rising wedge (around 835 - 840).
http://disqus.com/people/Kemal_1/#main

Re: WDC turn $1200 into $1600

Gio — Mon, 30 Mar 2009 12:45:28 -0000

The chances are highest for a multi month P2 leg up scenario. The complete P2 may last up to August, September and be associated with a P/E expansion. There might be a correction around mid of May up to mid of June. At the moment, i do not see the rally to exceed SPX 950 - 1010 (38% retracement of complete decline).

The most critical day of this week is Thursday. Not because of the G20 meeting, but because of the ECB meeting. That meeting will determine where the EUR/USD bottoms, and with it the markets.

Re: BGZ

Gio — Mon, 30 Mar 2009 14:25:30 -0000

drydenprice
I am also long SNDA and short ABX

Re: BGZ

Gio — Mon, 30 Mar 2009 14:45:46 -0000

indusequities
Bought UNG @ 15.15..

Re: BGZ

Gio — Mon, 30 Mar 2009 14:47:48 -0000

Adam_G
I'm thinking of doing a pair trade today. Long PNC short WFC. I think WFC is going to underperform over the next month especially with the stress test coming out. I don't trust WFC's CEO at all. He was indignant about taking TARP money. And he was out saying the stress test was a stupid idea. To quote Shakespeare: "me think the lady doth protest too much.

Re: BGZ

Gio — Mon, 30 Mar 2009 14:55:31 -0000

http://centrifugaldeforest.blogspot.com/
NFLX is back

Re: CSCO, SHORT NOW

Gio — Wed, 01 Apr 2009 22:58:27 -0000

Atilla M. Demiray
Absolutely, FAZ will test mid 100s by Sept

Re: CSCO, SHORT NOW

Gio — Wed, 01 Apr 2009 22:59:26 -0000

bottom
I believe this might occur sooner thatn SEPT. Not sure how you are seeing this.

Re: CSCO, SHORT NOW

Gio — Wed, 01 Apr 2009 22:59:33 -0000

Atilla M. Demiray
FAZ trades like options. It may test 17.5-18 but it is about it.

Re: CSCO, SHORT NOW

Gio — Wed, 01 Apr 2009 23:06:07 -0000

morrise
Trade what you see...you can't go wrong...buy issues when they are rising and sell them when they are going down..study how to discern that..

http://disqus.com/people/morrise/#main

Re: BBBY short now

Gio — Fri, 03 Apr 2009 18:25:39 -0000

Greg
I think we go up first, ambushing the shorts, then the bulls get smacked down. So this move up from 666 has a ways to go before we get a typical 50% retracement down.

Re: BBBY short now

Gio — Fri, 03 Apr 2009 18:29:49 -0000

Winace
There is no "normally", for that extent has never been reached. This move up was a correct, thus why it happenend so quickly. Now, this correction occured without compensating and an even more violent correction of the corrective move is way overdue. The market never had a chance to return to neutral and thinngs are getting very unstable. A very quick down move of about 10% is all that is due, once we get there I will need to evaluate the then "current" state of the market.

Re: BBBY short now

Gio — Fri, 03 Apr 2009 18:30:37 -0000

indusequities
Thats the last disgtribution push on IYR to 29.00.. its over

Re: BBBY short now

Gio — Fri, 03 Apr 2009 18:31:17 -0000

Squidman
I suspect you are correct (if I may call you Nandu). I am inside commercial RE and they cannot keep the lid on the devastation much longer IMO. However, I will stick to day trading it near term.

Re: BBBY short now

Gio — Fri, 03 Apr 2009 18:31:21 -0000

icdoc
I bought some EEV today as well, its actually behaving better than SRS.

Re: BBBY short now

Gio — Fri, 03 Apr 2009 18:33:47 -0000

Michelle
Hi Z!
I moved NEM stop loss to 10.50--that's $2,200 captured on 10 contracts--
Thanks!

Re: BBBY short now

Gio — Fri, 03 Apr 2009 18:36:48 -0000

nummy
i'm also in SRS .. got in at 46 and holding on ....shoulda averaged in though :(

lets hope next week treats us better

Re: BBBY short now

Gio — Fri, 03 Apr 2009 18:57:43 -0000

DMS425
Close, it is 29.85. I buy SRS when IYR bust over 30 Monday..... Just MHO. That is why I like SRS in the mid 30s. Posted it yesterday.

Re: BBBY short now

Gio — Fri, 03 Apr 2009 18:59:53 -0000

DoubleNaughtSpy

I just got a little FAZ at 16.30. Thanks to the Zero Lite. This is going to be a short term trade only.

Re: BBBY short now

Gio — Fri, 03 Apr 2009 19:42:33 -0000

pop17
TGIF!

Re: What now for the S&P?

Gio — Mon, 06 Apr 2009 04:04:38 -0000

Atilla M. Demiray
Immediate target for the coming sell off is 755

Re: What now for the S&P?

Gio — Mon, 06 Apr 2009 04:06:47 -0000

Hilasterion
What I find interesting is WFC pushed back their original earnngs release date until a later one (about 2 weeks). Did they do this to take advantage of the opportunity to apply for the recent FASB M2M changes for the 1st quarter?

Re: What now for the S&P?

Gio — Mon, 06 Apr 2009 04:08:51 -0000

T. Waffle
Thanks indus,

I am still holding my position. I have my stop at 1328

Re: What now for the S&P?

Gio — Mon, 06 Apr 2009 04:09:03 -0000

indusequities
Shorted /NQ @ 1325.00 .. T. Waffle, this is for you.. this was the target I was looking for on NQ. If this cannot hold, then I'll cover it for a loss and wait for 1400 area

Re: What now for the S&P?

Gio — Mon, 06 Apr 2009 04:10:50 -0000

pristinetrader
One caveat that might threaten the market's four-week buying spree is the start of the first quarter earnings season, which gets under way Tuesday. In the end, the only thing that really matters is price action, not news or events.

Re: What now for the S&P?

Gio — Mon, 06 Apr 2009 04:17:55 -0000

where commercial real estate owners are current on their payments but can’t roll over their debt when it comes due — is going to become a tidal wave in coming years:

Suppose you bought an office building five years ago with 20% down, for an 80% loan-to-value ratio. You have not missed a payment, the building’s value has been stable, your amortization has paid down the loan balance by four percent of the building’s original value. A new loan will have a 76% loan-to-value ratio.

Here’s the problem: nobody will make a commercial mortgage loan with a 76% loan-to-value ratio today. You haven’t missed a mortgage payment, your building is fully leased, you’ve been working down your principal, but the lenders are all scared. Bank regulators are scared. Secondary markets are scared. So you have to pony up additional cash to bring the loan-to-value ratio down to at least 70%, and maybe even 65 or 60%.

What if you don’t have the cash sitting around to do that? You have a maturity default. Your problem is that credit standards tightened faster than you were paying off your loan.

Re: EXP

Gio — Mon, 06 Apr 2009 17:15:40 -0000

Mr_L
aapl should break out im expecting 140, dips are certain, 1K on s&p

Re: EXP

Gio — Mon, 06 Apr 2009 17:17:32 -0000

vodka_tonic
just nuts !

Re: EXP

Gio — Mon, 06 Apr 2009 17:19:01 -0000

pimaCanyon
AMZN and IYR just made new highs (but IYR reversed sharply before the bell).

I'm beginning to think we go up till April 17/18. That would make a nice symmetry, the 666 low the day that Venus went retrograde, then consistently up for 6 weeks till April 17, the day Venus goes direct.

Re: EXP

Gio — Mon, 06 Apr 2009 17:23:07 -0000

MyLifeMyTrade
My MA puts still working well..SPG puts - wanted to sell earlier.. but held on.. I am confident that the sucker goes down to below $35 by end of week.

Re: EXP

Gio — Mon, 06 Apr 2009 17:24:13 -0000

DMS425
The whole spectrum of Commercial Aroespace is in the Sh*ts. When this run is over and it is probably more then 50% there, it will so ripe for huge drops.

BEAV
HEI
PCP
SPR
TDG
WGOV

The starts are lining up.

Re: EXP

Gio — Mon, 06 Apr 2009 17:26:09 -0000

Barney
acrossthecurve.com has good analysis. They think $TNX goes up to 3-3.05% due to holiday shortened week and lower participation by bond traders in Thursday's $18B 10 yr auction.

Re: EXP

Gio — Mon, 06 Apr 2009 17:26:43 -0000

ChickenLittle
Thanks for the link.

Re: EXP

Gio — Mon, 06 Apr 2009 17:28:31 -0000

rubberbullet
won't be surprise if PPT own the market this week, expecting low volume trading during Easter week

Re: ALV, trades like AZO

Gio — Sun, 12 Apr 2009 16:14:53 -0000

It Takes a Thief

Long Watch List : ACAS, AEE, ANSW, ATHN, AZN, BCR, CAH, CAI, CEPH, CNP, COCO, COV, CUB, CYH, D, DGX, EBS, ELN, ENER, EP, ETR, EWBC, FMS, FSYS, GENZ, GIGM, GSK, GXDX, HLS, IART, JNJ, LINE, LLY, LPNT, LXK, MANT, MRK, NTT, NTX, NUVA, PGN, PKG, PPDI, PSSI, RSH, SXE, SYK, TAP, TRA, WL, WTR,

Short Watch List: AAON, ALTR, AU, AZO, CRM, LFT, LINC, MWPR, OXY, PALM, QCOM, QSII, ROST, TJX, TDW,

Re: ALV, trades like AZO

Gio — Sun, 12 Apr 2009 16:17:04 -0000

MyLifeMyTrade
Triple ETFs esp FAS and FAZ are indeed for gamblers.. BGU and BGZ are the only ones that make any sense to me....

Re: ALV, trades like AZO

Gio — Sun, 12 Apr 2009 16:19:45 -0000

Duuuuuude
At least for now, farms in general are still strong, as are the ag lenders. Agriculture went through a monster bubble in the late 70's and early 80's, much like we have now. Lenders were making loans to farmers tied to future appreciating values of farm land with little or no money down. Most farm land today is not owned by farmers, but investors and the farmers rent the land based on what income and expenses they expect. We could flush some out this fall if commodity prices drop.

Re: BKC,HRB,BTU

Gio — Thu, 16 Apr 2009 01:21:25 -0000

pop17
Reading A. Lincoln at the most productive @starbucks in San Francisco with Kelly

Re: BKC,HRB,BTU

Gio — Mon, 20 Apr 2009 00:31:28 -0000

It does look loke a moment. If it works, great. If it doesn't work it's a sure stop and reverse as everyone tries to get out of the bad bet.

I also found it interesting that these short etfs look buyable

(SDS), (SKF), (SMN), (SRS), (TWM),

EAT looks more overextended than CAKE

Re: BKC,HRB,BTU

Gio — Mon, 20 Apr 2009 00:33:03 -0000

BearsRus
Great short on LKQX
On Friday I took a small short position on LKQX right at the close at 16.49..
Here's why:
http://i44.tinypic.com/33l1r3n.png

Those Fib. retracements have been dead on with this particular stock.. Look how key the 38.2, and the 50% were..
And on Friday we closed at resistance, the 61.8% and on a reversal candlestick (long legged doji), and it's in a rising wedge on the daily..

Re: BKC,HRB,BTU

Gio — Mon, 20 Apr 2009 00:34:01 -0000

pikertrader
heres some good shorts www.pikertrader.com BOBE, SHWC, HVT shorts and GLW long

Re: BKC,HRB,BTU

Gio — Mon, 20 Apr 2009 00:34:54 -0000

Tim Knight

Short retail, Short retail, Short retail, Short retail, Short retail, Short retail, Short retail, Short retail, Short retail, Short retail, Short retail, Short retail, Short retail, Short retail, Short retail, Short retail, Short retail, Short retail, Short retail, Short retail, Short retail, Short retail, Short retail, Short retail, Short retail.

Re: BKC,HRB,BTU

Gio — Mon, 20 Apr 2009 00:35:50 -0000

Jigsaw

NILE looks ripe for a good fall here. Look at the P/E

Re: BKC,HRB,BTU

Gio — Mon, 20 Apr 2009 00:36:57 -0000

RealityTheory

I finally got my order filled last week on SHLD puts.. of course it rallied on Friday.. but once we go back into bear mode.. SHLD is going to get mauled.

Re: BKC,HRB,BTU

Gio — Mon, 20 Apr 2009 00:37:47 -0000

toad37
how about selling May 80 calls on RTH?

Re: RTH 80-82 short sell target

Gio — Sat, 25 Apr 2009 15:26:20 -0000

traderbean
Are you itching to short something? Short the dollar...it's about ready to break down..

tb

Re: RTH 80-82 short sell target

Gio — Sat, 25 Apr 2009 15:38:06 -0000

Atilla M. Demiray
I dont see a rally, do you see higher highs?

Market visited 865 several times just like it visited 830 several times.

I call it "range".

Re: RTH 80-82 short sell target

Gio — Sat, 25 Apr 2009 16:26:32 -0000

aviat72

Will appreciate your thoughts NQ is at a new high.
IWM is forming an ascending triangle.

http://content.screencast.com/users/aviat72/fol...

Re: RTH 80-82 short sell target

Gio — Sat, 25 Apr 2009 16:29:31 -0000

vodka_tonic
i'm drunk.

Re: RTH 80-82 short sell target

Gio — Sat, 25 Apr 2009 16:30:35 -0000

ZigZag
If we start dropping on Monday then all those X-files shows I watched weren't a complete waste. I want to believe. :-)

Re: RTH 80-82 short sell target

Gio — Sat, 25 Apr 2009 16:39:00 -0000

dowoper8tr
I bought SPY 87 puts before the last 20 minute slide and thought I was on to something special so bought more.

Re: RTH 80-82 short sell target

Gio — Sat, 25 Apr 2009 16:40:48 -0000

Scalded_Chimp
CHA-CHING

Re: RTH 80-82 short sell target

Gio — Sat, 25 Apr 2009 16:43:58 -0000

Winace
5 Lots DIA
12 Lots GS
10 Lots QQQQ
8 Lots SPY

Is GS too big to fail??? If anyone knew how to play this game, it is them...

Show me somewhere where I was wrong in the long run..... and mark these words... GS has something brewing... and it will not be taken well by the broad market. Have a great weekend!

Re: OIH 86 entry–

Gio — Mon, 27 Apr 2009 17:13:16 -0000

JakeGint

if $UUP is "done" here at $25.68, look for another turn back up.
http://twitter.com/JakeGint

Re: OIH 86 entry–

Gio — Mon, 27 Apr 2009 17:19:19 -0000

Pikers Picks
charts NUS,JASWO,GLW,CASY

http://www.pikertrader.com/

Re: GPI short at 21’s

Gio — Wed, 29 Apr 2009 17:11:19 -0000

Winace
Smart money is not leaving the system, but they are getting all the buyers
they can. The "smart" money is actively and agressively shorting this rise.
As far as signs to watch for smart money covering.... there are none... you
have to keep up with the rolling average count.

Re: CAT short at $38 exit $34** $26 in June July

Gio — Thu, 30 Apr 2009 17:52:54 -0000

superbear
I think they want to run it up to over 900. No positions. I'll just wait and watch till early next week.

Re: CAT short at $38 exit $34** $26 in June July

Gio — Thu, 30 Apr 2009 17:53:49 -0000

yazzer
I had a buy order in for the Qs at roughly 34.00 but it never got there - my guess is we gap down tomorrow and run higher...still holding those DIN puts though as a sorta-hedge...

Re: CAT short at $38 exit $34** $26 in June July

Gio — Thu, 30 Apr 2009 17:57:22 -0000

amgrant
Not by end of week but eventually. I have SPX topping around 5/19-5/20.

Re: CAT short at $38 exit $34** $26 in June July

Gio — Sun, 03 May 2009 12:24:28 -0000

Phil's Stock World

On the whole, 70% of the reporting companies have beat their low estimates and we just have the stress test to get through next week to give us a real pullback test so we'll be staying at least 55% bearish
http://www.philstockworld.com/

Re: CAT short at $38 exit $34** $26 in June July

Gio — Sun, 03 May 2009 13:32:21 -0000

Phil's Stock World

SKF, which I called on the nose when it topped out at $270 on March 6th (see me doing this live on TV) and I will now say it is getting too low at $54. Thanks to the huge volatility of the ultra-ETF, we can create execute a buy by taking the $45 calls for $12.55, selling the $54 calls for $7 and selling the $50 puts for $3. That is in on for net $2.55 so our effective buy of SKF is $47.55 if it closes over $50 and $48.77 if it closes below $50

Re: MYGN

Gio — Thu, 07 May 2009 17:11:00 -0000

Kemal_1
So far it looks like a reversal day. However, for a follow through into tomorrow, SPX should close near the low. Looking at the NDX, I think it will not happen because it is already oversold.

Re: MYGN

Gio — Thu, 07 May 2009 17:12:01 -0000

traderbean
I dont like the price action in ENER, long term or not, I am taking a small loss here @ 15.85..

I want to give "Props" to trader TenYear, who saw short term resistance at $21... THAT was top from this week...

Re: MYGN

Gio — Thu, 07 May 2009 17:13:09 -0000

Kemal_1 If you count from today's top, there is an impulsive A wave, then a b 3 leg consolidation followed by another impulsive leg down (c).

That's how I am counting.

Should be about finished. I sold all short positions.

Re: CHK

Gio — Mon, 11 May 2009 16:02:51 -0000

Hi Z!, I closed out my DV longs today for a $2.5K profit.
Thanks for the help!
Michelle

Re: CHK

Gio — Mon, 11 May 2009 16:07:27 -0000

Little Fish
the RTH is on my short list for tomorrow (along with several retail stocks) ... waiting till after the store data though and I will look to enter shorts into resistance ...

Re: CHK

Gio — Mon, 11 May 2009 16:08:58 -0000

dandy1

Until you have a clean signal of a trend reversal (lower low, lower high), you're guessing.

Re: NFLX

Gio — Thu, 14 May 2009 04:16:43 -0000

TV107

when 2 of the following 3 occur, its time to put on more shorts
RUT at 485
SPX at 899
BKX at 38

Re: KO

Gio — Fri, 15 May 2009 14:30:34 -0000

bigred970
Wow, dollar is breaking out. Very bearish for stocks.

Re: GILD

Gio — Mon, 18 May 2009 14:11:08 -0000

toad37
This BS rally is on vapor volume....

Re: GILD

Gio — Mon, 18 May 2009 14:12:03 -0000

TV107
keep those HDB and IBN shorts overnight!
sensex down at least 4 percent tomorrow

Re: CAL, possible 40% return

Gio — Fri, 22 May 2009 00:28:03 -0000

Hi Z!
I caught the POT trade. (6) 120 June puts. Moved stop loss to 12.50. +2K at the close--
thanks,
Michelle

Re: CAL, possible 40% return

Gio — Fri, 22 May 2009 00:30:07 -0000

Duuuuuude
from experience, you don't want to be short grains in June.

Re: CAL, possible 40% return

Gio — Fri, 22 May 2009 00:31:21 -0000

pristinetrader
I'm expecting a slow trading day tomorrow as many traders will be leaving early for holiday.

Re: CAL, possible 40% return

Gio — Fri, 22 May 2009 00:58:11 -0000

Greg
I'd say as yields increase substantially, money will move to treasuries, which will collapse the stock market.

Re: Agriculture Earnings Duel: Mosaic vs. Monsanto (MOS, MON, MOO)

Gio — Mon, 31 Mar 2008 17:17:22 -0000

fortune8
Can you beleive traderbeans video test?
lisa and one other guy passed it--

http://www.traderbean.blogspot.com/

Re: Paul the wine guy - La cosa più nerd che abbia visto finora, Bohemian...

Gio — Tue, 21 Apr 2009 06:10:05 -0000

decisamente da gran spippolatori!

Re: RSSmeme | Strong Buzz: Hummingbird To Mars

Gio — Tue, 16 Sep 2008 00:08:36 -0000

Hummingbird to Mars was overhyped and underwhelming...doesn't hold a candle to PX, Tailor, or even the Tuesday night bar at Bar Pilar. First, the ambience was horrible -- it was stuffed into the upstairs at Bourbon, which is a great bar downstairs, but the upstairs doubles as a dance club on weekends and has a reminiscent feel to basement rec rooms. Second, the crowd seemed to be there for the gimmicky aspect of going to a speakeasy...and when I say crowd, I mean crowd. The place was packed. Not too mention, they screwed up our reservations and had us stand in the middle of the place, waiting forever. And lastly, the drinks were unbalanced and tepid, derivative of the frou-frouness we've been reading on a lot of cocktail blogs lately. The exclusionary pretentiousness of a "secret" bar was spot on, but everything else lacked. The Professor Jerry Thomas just might be turning over in his grave right now. In all honesty, a few tweaks here and there would probably set it straight, but hopefully the hummingbird can get its head on straight before the fad runs out.

Re: simondodson.com - bigger - better - stronger - 2K9

Gio — Fri, 17 Apr 2009 06:18:44 -0000

Set up a button Switch , i give you .05 cents for your services

Re: Three Plus Months Later, Al Kelly and TBWA Part Ways - mediabistro.com: AgencySpy

Gio — Fri, 14 Aug 2009 18:01:38 -0000

and the group cds under him all SUCK ASS. i really hope one of them gets the gig - i'd like to see the place burn to the ground. that would be so G.