Disqus - Latest Comments for KillinMe

Re: Intra-Day Update: 768

KillinMe — Thu, 20 Nov 2008 19:03:13 -0000

Erikd,

What time frame/duration are you watching on the USO?

Re: Intra-Day Update: Humpday

KillinMe — Thu, 20 Nov 2008 02:59:50 -0000

Use a relative % instead of a relative $ drop. Obviously, it's not going to $0.00.

Re: Intra-Day Update: Humpday

KillinMe — Wed, 19 Nov 2008 23:33:23 -0000

...and drugs (the strong ones).

Re: Intra-Day Update: Humpday

KillinMe — Wed, 19 Nov 2008 23:29:55 -0000

Yeah, you are right. I vote with the numbers too, but just looking over my shoulder since I hear footsteps behind me.

Re: Intra-Day Update: Humpday

KillinMe — Wed, 19 Nov 2008 21:28:32 -0000

Mole, I am with you on this widely anticipated breakdown during expiration week. I just don't trust it. It doesn't feel solid. I am OK with sitting out until it's clear.

Do you smell a bear trap like I do?

UPDATE: I noticed the DIA didn't break where as the INDU did. Fishy, fishy, fishy IMO.

Re: Intra-Day Update: Humpday

KillinMe — Wed, 19 Nov 2008 21:18:57 -0000

That's your signal to go long, right?

Re: Intra-Day Update: Humpday

KillinMe — Wed, 19 Nov 2008 20:20:44 -0000

'Balls' doesn't necessarily mean 'smart.' Not saying Eric isn't smart, but making the distinction they are not one in the same. He may be right, but I need more to convince me. Looking to make money, not gamble.

Re: Intra-Day Update: Humpday

KillinMe — Wed, 19 Nov 2008 19:59:40 -0000

What time frame is that chart? 5min?

Re: Intra-Day Update: Humpday

KillinMe — Wed, 19 Nov 2008 19:58:01 -0000

You'd better have trip-aces in your hand or at least a full house. I can't wait to see how you do while I watch from the sidelines.

Re: Intra-Day Update: Humpday

KillinMe — Wed, 19 Nov 2008 19:20:35 -0000

Glad you passed on those BIDU naked $120 puts? That would have hurt, bad.

Re: Intra-Day Update: Much Ado About Nothing

KillinMe — Wed, 19 Nov 2008 01:54:15 -0000

Amen! My two year old makes a better case for what he wants & doesn't whine as much as they do. Make a product consumers want & stay in business....don't & you won't. Isn't that how it works?

Re: Intra-Day Update: Much Ado About Nothing

KillinMe — Tue, 18 Nov 2008 23:24:40 -0000

Your old turtle avatar was much better. Really stood out. My vote is to bring it back & call it 'Avatar Classic.'

Re: At least one more low to go…

KillinMe — Tue, 18 Nov 2008 16:40:38 -0000

Selling puts in this market is asking for 'max pain.' Good luck with that.

Re: At least one more low to go…

KillinMe — Tue, 18 Nov 2008 15:13:43 -0000

The 'caution & cash' theme continues today. Mixed signals...chop, chop, chop. Ultra short term trades only, if at all.

Re: At least one more low to go…

KillinMe — Tue, 18 Nov 2008 05:12:24 -0000

THE BIGGER PICTURE --

Look at a 20 yr chart of INDU.

Do you realize this single move from INDU 11,850 to present of 8273 = 90-95% of the ENTIRE bear market of 2000-2003 from its highs to lows. I'll say that again...

In ONE leg down, which only took 3 months to achieve, we have covered the same territory & magnitude as the ENTIRE bear market of the internet bubble pop which took 3+ years to achieve. Keep in mind, at the time, everyone thought the bear market after the internet bubble was terrible & catastrophic. That just makes it difficult to swallow we are ready for another major leg down before we rally to a point where we have room to fall again.

On the other hand, if we thought '00-'03 was bad at the time, & it only took 3 months to accomplish what we did in 3 years (including the 9/11 attacks), that should tell you how big this 'recession' is going to be = major depression IMHO.

Check this out: http://www.screencast.com/t/esfxkocqqqc

Re: Intra-Day Update: Burn the Churn

KillinMe — Tue, 18 Nov 2008 05:01:10 -0000

It's amazingly sad. I have watched his 'mojo' just get watered down.

I think Eric is a fantastic macro visionary, but Jeff is a short term swing trader/scalper. I guess you need both, but it seems to throw Jeff off. I have not taken many of his "Trade Alerts' just because it didn't make sense to me.

P.S. Keep in mind the OA site is a skeleton where Jeff may post ONCE per week, so more OA comments than TA comments isn't really comparing apples to apples.

Re: Intra-Day Update: Burn the Churn

KillinMe — Tue, 18 Nov 2008 04:22:21 -0000

I love that classic. TA comments board has evaporated into nothing. Sad.

Re: Intra-Day Update: Burn the Churn

KillinMe — Tue, 18 Nov 2008 04:21:27 -0000

High 5! No matter which way we think 'the market is going', we're WRONG. Trust me.

'Thanks you, sir. May I have another!'

Re: Intra-Day Update: Burn the Churn

KillinMe — Mon, 17 Nov 2008 21:24:23 -0000

In summary, today felt more like a lack of buyers than fearful sellers. Good night & good luck! Tomorrow is a new day.

Re: Intra-Day Update: Burn the Churn

KillinMe — Mon, 17 Nov 2008 21:08:11 -0000

Anything that causes a 'rise in things' is generally bullish, right?

Re: Intra-Day Update: Burn the Churn

KillinMe — Mon, 17 Nov 2008 21:05:20 -0000

I just learned something new today. Thanks. Are you of Indian descent?

Re: Intra-Day Update: Burn the Churn

KillinMe — Mon, 17 Nov 2008 20:55:21 -0000

I would say there is a equal balance of bull & bear sentiment flying around the blogs right now.

Everyone is pointing out the other sentiment opposite of their own & calling it a contrarian indicator of direction. HAHAHA. Maybe the personal saying it is the contrarian indicator.

Keep in mind, there is nothing wrong with waiting it out until a clear direction emerges. Until then, you will just continue to get stopped out for loss after loss.

This is the first time in my trading career I am at total peace with watching until that clear signal is given. I used to feel the 'need to trade.' A feeling of 'needing to trade' = losses IMHO.

Re: Intra-Day Update: Burn the Churn

KillinMe — Mon, 17 Nov 2008 20:00:10 -0000

Oil is tanking hard, but treasuries are right behind them...more cross currents. It's like watching a blender & trying to figure out which ingredients are in there...

Re: Intra-Day Update: Burn the Churn

KillinMe — Mon, 17 Nov 2008 19:58:56 -0000

MMMUUUUUHAHAHAHAHAHAHA.

Re: Intra-Day Update: Burn the Churn

KillinMe — Mon, 17 Nov 2008 19:58:01 -0000

You got it. Glad to know it's appreciated.

BTW, nice trade on BIDU. What a mover on a day like this. What was the cause for the drop? Didn't see any earth shattering news.