Disqus - Latest Comments for techie22311

Re: E-minis

techie22311 — Fri, 06 May 2011 08:01:19 -0000

damn. glad I didn't hold my SLV calls overnight. There really is no strong support until you get to 30. another 11% south.

I won't short it but I can't see buying it at this level either.

Re: E-minis

techie22311 — Thu, 05 May 2011 14:50:39 -0000

just bought my SLV calls again at even lower price. LOD let's see if I can make a bit more. I hope im not too greedy (although I only bought half as many calls for this trip.

Re: E-minis

techie22311 — Thu, 05 May 2011 11:26:42 -0000

depends. could be margin calls and in that case there isn't any liquidity to move to equities. I think there could be a lot of calls going out now.

Re: E-minis

techie22311 — Thu, 05 May 2011 11:23:33 -0000

already out. quick 15% profit. I'm sure now it will take off but I am not a greedy bastard.

Re: E-minis

techie22311 — Thu, 05 May 2011 11:15:47 -0000

bought some SLV calls. right near the low(so far for today). Figure there's gotta be a dead cat bounce.

Re: E-minis

techie22311 — Mon, 02 May 2011 15:54:00 -0000

The top is in. When there is an ETF for fishing you know things a fishy. starts tomorrow

http://www.benchmarkemail.c...

Re: E-minis

techie22311 — Mon, 02 May 2011 09:07:45 -0000

However, its earliest identified appearance in European literature is in the 1841 French novel Mathilde by Marie Joseph Eugène Sue: la vengeance se mange très-bien froide — there italicized as if quoting a proverbial saying — published in English translation in 1846 as revenge is very good eaten cold.[6]

http://en.wikipedia.org/wik...

Re: E-minis [Update 12:22PM]

techie22311 — Thu, 28 Apr 2011 09:55:47 -0000

I take it you developed this system yourself?

Re: Elliott Wave Update ~ 20 April 2011 [Update 8:25PM]

techie22311 — Thu, 21 Apr 2011 05:01:11 -0000

winlight. I manage 40 machines across our network. vista was just like millinium a POS OS they added some stupid bells and whistles too that sucked. I only had one millinium machine and have never bought a vista machine. stuck with XP as long as possible until most places stopped installing it last year. now win 7 on half our machines. It's not bad but a memory hog for sure. It also takes a while to find half the tools I was use to finding in XP to fix shit with.

Re: E-minis

techie22311 — Wed, 20 Apr 2011 05:43:24 -0000

wow look at the peso($US).

Re: Elliott Wave Update ~19 April 2011

techie22311 — Tue, 19 Apr 2011 20:36:46 -0000

I almost went short this afternoon but waited and I'm glad. With the 'good' earnings I think they gap it up but it fails quickly tomorrow. I am looking to short starting around 1320

Re: E-minis

techie22311 — Tue, 19 Apr 2011 09:25:07 -0000

I don't think QE3 happens. the S&P yesterday was a very clear warning. 'get your shit together or you are going to start paying alot higher rates to borrow'. Check out the front page of the WSJ. Debt to GDP amongst AAA rated countries we have the highest. The schmucks here in DC better come up with a solid plan to reduce our running deficit or the bond vigilantes will be coming for us much sooner than expected. Once that happens QE whatever won't matter anymore as it will just increase our borrowing costs. The faucet just got shut off. By June or July it will be over. If not then the coming shit storm is going to be here much sooner than I anticipated.

Re: E-minis

techie22311 — Wed, 30 Mar 2011 08:06:18 -0000

I am taking responsibility. If the post came across as blaming EW I did not mean it that way. I simply stated that had I followed my previous trading strategies w/o any influence of EW I would have been up. EW was another tool however it changed my trading strategy.

Re: E-minis

techie22311 — Wed, 30 Mar 2011 05:44:57 -0000

This may be one of my last comments. I found EW in 2009. I must say that it has caused my portfolio more harm than good. I know the saying don't rely on it to trade etc and I don't. However it has caused me to hesitate and not follow through what I use to use to trade and invest. Right now I'm only 10% invested in this market. The problem is now it's run up enough that I feel hesitant to get in anymore. Then I see some calling for a top around 1440 or so. That's a long ways from here. Of course my luck would be I get back in a bit deeper and then we have the rest of this correction(as some have called for) or we indeed start the '3' that the biggest bears are still calling for.

Looks to me we are in melt up mode. How far I have no idea and alas I feel I have royally f'd up again. Since 2009 I have not made back the losses b/c I refused to believe that the market would continue up that far. Obviously I have been proven VERY wrong. So even with the trades I've made I figure I am 20% from where I would have been had I left everything invested as is for the past 2 years. Pretty dumb on my part. It would have been better to be a blind bull.

Re: Elliott Wave Update ~ 29 March

techie22311 — Wed, 30 Mar 2011 05:02:56 -0000

easier said than done. first they must cool them off. then burying it requires infrastructure. you need a concrete plant(a HUGE one). you need lots of trucks or more likely helicopters to drop it on the facility. This is not Chernobyl. This is 6 reactors. It is a huge facility. It is also near the sea. Once buried I suspect it will still leak large amounts of radiation into the surrounding area and ocean. I think it will take more than a year to get this resolved. This cannot be done in a few weeks or even months.

Re:

techie22311 — Tue, 29 Mar 2011 15:53:24 -0000

I think Dan's chart on treasuries is now broken too. This market is headed for new highs. Seems pretty clear here.

Re: Elliott Wave Update ~ 25 March

techie22311 — Sat, 26 Mar 2011 11:02:40 -0000

chem eng,
Thanks for the response. I figured it was pretty bad. I feel awful for the folks over there. The government really has no choice but to paint the most optimistic picture possilble. If they have to evacuate Tokyo that'd be like evacuating NYC. They'd be screwed for quite some time. They have already raised the amounts of radiation that folks can be exposed to and I suspect that level may be changed again to make the situation sustainable.

Re: Elliott Wave Update ~ 25 March

techie22311 — Sat, 26 Mar 2011 07:00:22 -0000

This is confusing. 10,000 times what is found inside a nuclear reactor? Do they mean what is normally found outside the encasement or do they mean inside the actual reactor? Inside the actual reactor this means big RUHRUOH.

http://news.yahoo.com/s/nm/...

'On Thursday, three workers sustained burns at reactor No. 3 after being exposed to radiation levels 10,000 times higher than usually found in a reactor.'

and this

', the nuclear safety agency said tests on Friday showed radioactive iodine had spiked 1,250 times higher than normal in the seawater just offshore the plant.'

Re: Elliott Wave Update ~ 25 March

techie22311 — Fri, 25 Mar 2011 18:06:46 -0000

When the $ finally tanks these will be your legitimate bills

http://news.yahoo.com/s/ybl...

Re: E-minis

techie22311 — Fri, 25 Mar 2011 17:00:39 -0000

this is a good thing. We will have the world pay for our wars, helping them, etc b/c we'll make they $ the own worthless. Genius I tell you. Pure Genius. Damn I think Ben is a fucking genius. I wonder why nobody ever thought to print there way out of crisis. ;)

Re: E-minis

techie22311 — Fri, 25 Mar 2011 16:07:08 -0000

I know. kudos. I doubt he/her bought even 10% of what they claim.

Re: E-minis

techie22311 — Fri, 25 Mar 2011 15:49:54 -0000

max, he's using US BLS fuzzy math. You know the type that puts UE at 9% right now here in the US.

Re: E-minis

techie22311 — Fri, 25 Mar 2011 15:46:23 -0000

seasonal day job?

Re: E-minis

techie22311 — Fri, 25 Mar 2011 15:00:29 -0000

easy there. AR is from Canada and actually I think they may have an open and more honest guberment than we have south of the border.

Re: E-minis

techie22311 — Fri, 25 Mar 2011 14:59:21 -0000

now if we could just throw out ours....all of the bums.