Disqus - Friends of wex

Re: Increasing $RUT Put Position

peachin — Wed, 19 Dec 2007 13:18:16 -0000

Anyone interested in Goldman Sachs - It is being "pinned" at 203-204 (for two days now) except for the beginning and the end of the day - pinning a way to "freeze-out" expiring options at Maximum Pain Point.

Jake! RIMM is a tough play around 99 -101 / except for the opening - It appears to be being "pinned" between 101.5 and 100.5
But you'll be the first to tell me - what I don't know - happy holidays....peachin

Re: Increasing $RUT Put Position

peachin — Wed, 19 Dec 2007 13:29:46 -0000

Actually, the 21st someone's day - but the 23 is the FULL MOON - everyone's day

Re: Sputter to a Stop

peachin — Wed, 19 Dec 2007 19:55:57 -0000

Looks good - I tried to change picture and I'll see - market on hold until OED

Re: Sputter to a Stop

peachin — Wed, 19 Dec 2007 19:58:17 -0000

OK - thanks tim - keeps getting better

Re: Sputter to a Stop

peachin — Thu, 20 Dec 2007 08:01:21 -0000

A comment to all my friends - SOMETIMES IT'S NOT IMPORTANT TO "HAVE THE LAST WORD" Make a good first comment and move on. Generally, the "Last Word" addiction "looks like a "wounded ego" to get back at a detractor- it actually waters down the original statement you made. "F'" The last word. Your original statement will be stronger!!!!
As for criticizing someone's comment (immaturity as an elevated expression) why not relate your own position away from the original statement. Oh my - where is Beanie? Al he wanted to do is to be provocative so that he could generate controversy and get some people to look at his site.

peachin

Re: Sputter to a Stop

peachin — Thu, 20 Dec 2007 08:06:32 -0000

I agree about RIMM! Some of the great day traders can wind you up - suck you down and spit you out - and once you are out - they resume - where if you had the stomach - you would have had a win!

peachin

Re: Morning in America

peachin — Thu, 20 Dec 2007 11:01:30 -0000

Borders are like Gated Communities - you have to wonder - are they keeping the problem out or the problem in?

Freedom's just another word for nothing left to lose,

- Janis + Kris

Re: How Bad is the Break?

peachin — Thu, 20 Dec 2007 14:26:03 -0000

Which way should I go said Alice to the Cheshire Cat - The cat replied - just before OED" Sit tight Alice.....

.....Morning came and morning went
Pick up your money
And pack up your tent
You ain't goin' nowhere.......

Don't worry about your charts - the fibs - It's "pinning time" get ready to roll - Which Way - asks Alice
Watch the Tape - says the cat

Got to go for a Bicycle ride - watching this thing is wasting my time.....peachin

Re: How Bad is the Break?

peachin — Thu, 20 Dec 2007 14:42:58 -0000

Wow...says the Cheshire Cat ...it's 2:45 and the market has Squatted to Rise (like a muffin) let's hope it doesn't get "Cooked in the Squat" "F n' A" says Alice!

Re: How Bad is the Break?

peachin — Thu, 20 Dec 2007 16:06:18 -0000

Well tim - IWM/76.80 like everything else - OED - pivot range - aftermarket I'm sure RIMM will go up atleast $10 but gambling is my downfall - so I have paper traded it - n

Re: Riders on the Storm

peachin — Thu, 20 Dec 2007 20:33:24 -0000

"Like a dog without a bone
"An actor out alone
Riders on the storm" - Jim Morrison

"Goldman Sachs is looking kind of ill, considering what a superstar this used to be" - Tim

Goldman Sachs and the Jim Cramer Effect - Cramer spent about 15 minutes, today (up 1% after hours) relating what a wonderful investment would be at this time and why. Goldman is currently at it's 200EMA and below it's 200SMA - whichever you use. "....considering what a superstar this used to be" - Before I go on, I am speaking of GS which has not only been the topic of this site (puts) but is also one of the charts on this day. Full Disclosure: I have a position in Goldman which I have established last week. Prior to this week, I have been spinning GS in and out long and short on an average of 4 to 6 trades a day. I have a position in HTC yielding 17.5% paid monthly - an oil, refining and gas play and long-term options on Palm (I know I'm the fool!) These positions represent 50% of my holdings the remainder is cash in and out daily.

Contrary to the contrary - the earning of Goldman, RIMM, ORCL, MSFT and what is to come in our IT leaders
There may be a two pronged change in the markets - the strong get stronger and the weak get weaker - and
there is no question that the Russell 2000 is one of the weaker. Monday will be a "Tell Day" and the first two weeks of January will be an enormous Tell period.

Tomorrow - OED - is a good day to go out and play

Happy Holidays, Christmas and whatever you feel like celebrating..

La Grande Poussee (peachin)

Re: Riders on the Storm

peachin — Fri, 21 Dec 2007 02:56:32 -0000

not HTC - HTE - Harvest Energy Trust

Re: Does the VIX Trend?

peachin — Fri, 21 Dec 2007 18:04:11 -0000

The sign of a good trader - is to go either way - by the way the charts work both ways and the tape reinforces
the direction. I believe Jana, that once in awhile Tim trades long (calls) he talks them and I'm sure he does them. Tim is hosting a site for Bears so he talks "Bear" to them. ME posted above you goes either way
he is a "Bi Trader" Me too.

Re: Tagged

peachin — Sat, 22 Dec 2007 05:35:12 -0000

24 hour trading - would be so revolutionary - in every phase of investing - except INVESTING!
No closing shop - how did we do today - when today never ends. Yes 24 hour Trading would be so revolutionary - that it might become a "level Playing Field" - When would companies make announcements, Options would expire and a minute later trading would resume. Do we stop to "mark to market?" I can't see how "advantaged players" would ever let the market to be 24/7!

Geeze, My day would never end - just one more play!

Re: Tagged

peachin — Sat, 22 Dec 2007 14:30:40 -0000

I gave you an extra point - now that that is done - lets examine some of your statements:

"deflation is not happening" That is correct - in order for deflation to happen we must ride a course of inflation..
after that....losing jobs begins, consumption goes down, recession heats up, adding $ to an economy that stops growing - begins to ignite a topping of inflation - and then "a rollover" into deflation. Deflation is the tail end of a cycle of Stagflation. It certainly is not happening - at this time. "Trust Me" even coming from the most honorable of intentions - hurried architects could not keep Humpty Dumpty from falling. There are too many variables, too many derivatives, too many intra country economies reacting to different stimuli at before or after the curve - for anyone to keep what is happening at bay...What is happening is better than any movie or television show because the end is constantly being rewritten - every minute that the next minute will reverse!
What's coming is very exciting! Think of the different ways you can prepare yourself, and then think of the different ways that you can be crippled - Agility Rules!

Re: Welcome Back

peachin — Wed, 26 Dec 2007 10:44:32 -0000

RIMM (the stock) is now asking itself how it got back to 120 after being at 98 just a week or two ago. RIMM is a one trick pony - no matter how popular it is. It is a 65 to 85 dollar stock - The others AAPL and GOOG are just too strong to feel that an adjustment is in the near future. - Of course - it's just my opinion - While I'm exposing my opinions I have long term call options on PALM - long-term put options on DELL, Starbucks and BestBuy - I don't know how to play Amazon - It is an enormously well run company - with a great business model - their only negative exposure is future shipping costs.

Re: Welcome Back

peachin — Wed, 26 Dec 2007 11:11:59 -0000

Nice to hear from you Jake. Palm is the people and the programs available - I did well on Palm -moving out of the stock (and into calls) at the $9 distribution - my long-term calls (Jan 09) took a hit over the past month but they are cheap - Palm will not fail - may be taken over - too much product base - and would you believe it - good user base - With new management - that's the investment - although shorts in the current market could well pay off.

Re: Welcome Back

peachin — Wed, 26 Dec 2007 14:03:05 -0000

If you look at the IWM on a daily chart back to November 1st til today - why does it look like an inverted H & S with a 200 day as the neckline - must be my imagination - TIM tell me why I'm not looking at it right - I seem to see fantasy where none exists. Thanks,

Re: Welcome Back

peachin — Wed, 26 Dec 2007 14:37:59 -0000

Jake - You big bad bear - you. If RIMM hits 121 I'm shorting it - I have been looking at the "trigger" for the last 2 hours but my finger just couldn't start to itch. Bloomberg just had this wonderful retail commutator - who is always on their station - Howard Davidowitz - The Man - who is very bright - has upped His advise to running for cover to NOW! Well, so, maybe that is why Tim is asking about Jan 1st - his "What are you going to do" question. Lots of people just don't have the heart to take their gains before the year is over - I'm sure a week from today, Jan 2nd is going to be an interesting day. PS. Can you believe that PALM is up 6% today - these guys aren't listening to you.

Re: Welcome Back

peachin — Wed, 26 Dec 2007 15:15:07 -0000

$hit! Jake - my insecurity has been ripened by your thoughts - I just bought some more PALM
JAN09 calls....As for RIMM WTF! I'm so glad you are here often, Jake....you always have some good stuff - and I still have - talk about penny stocks - MVIS with a basis just less than $3 - got to go bike riding - later.

Re: Boxing Day Blues

peachin — Wed, 26 Dec 2007 20:11:42 -0000

lucky for all of us - the charts and patterns work and of course they don't work - what appears to be coming - maybe it's a perception - If I were sitting on big gains that I'm holding - I certainly would do a big dump on January 2nd.
Of course - we think how we look at things - maybe a head fake on the 2nd - I'm starting tomorrow dollar cost averaging into 2Xinverse funds - they go down I buy more - they go up I may "pump the pony" - small positions spread - TWM QID maybe another or two (any suggestions?) which will lead into larger positions - I'm willing to take a small hit - to be holding 2X shorts into the new year. What charts am I looking at? F' the charts - you don't need to look at a "flag" to know which way the wind is blowing.....

Re: Boxing Day Blues

peachin — Thu, 27 Dec 2007 07:42:07 -0000

The Chairman MaoX is beginning to have a daily recommend list - he is trying it out before charging for it. Many of you are on this list. His recommend for today is a familiar ETF (short). I recommend getting on his list. I do not feel comfortable relating this selection - because it is his and he wants your e-mail address as a potential consumer of his future plans. He is a Trading Blogger's master! BTW so is TIM!!!

Re: Shrivel Up

peachin — Thu, 27 Dec 2007 10:48:22 -0000

bought SKK (2xIWO-short) not traded much -but has to catch up big spread - i'm typing as i drive -could be fatal!

Re: Shrivel Up

peachin — Thu, 27 Dec 2007 11:10:18 -0000

no just my chevy diesel W rig attached 9 tons but my buy is working - O shit I amost ran a red light!!!

Re: Bhutto Assasination

peachin — Thu, 27 Dec 2007 12:28:39 -0000

From my post on previous page: "bought SKK (2xIWO-short) not traded much -but has to catch up big spread"

It is doing as well a TWM only difference is the volume after 3 hours is about 7000 shares - but I have a way
to hedge when I want out - It is keeping up with 2X percentage. TWM and SKK are dropping in tandem %wise

Well, Tim no need to commit suicide - however when you do it - the easy way is 10 sleeping pills, a plastic bag and a rubberband. Further instructions on the web.