would like to thank the Academy
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Oh for crying out loud, here are the damn BTFD psychos again. SPY almost green again.
Yeah, watching the price action on the 1 minute chart. Still, at this moment , it is NOT dying a horrible death. The short interest is over 30%! They can get burned real fast if they are not careful. Still thinking about it, contrarian sometimes wins. WOuld be in VERY small, like $200 worth.
Wow, just looked at the HUGE short interest in RIMM. Not dying here, shorts may get eaten, thinking of jumping into $18 calls for 30 cents.
If you hop fast with profit, it is a good hop indeed!
RIMM with crappy news, gonna put out their new phones later than thought. Looks like it may tank.
Of course, who in the heck is going to buy that thing?
GO STUFFY GO!!
You and Bunny making the big bucks today.
Options with increasing volume @ CBOE: $KERX $HALO $LVS $MPC $PBR $RIMM
From looking at yesterdays chart, the BTFD crowd came in pretty early after the dump from lousy consumer confidence report, and came in hard and heavy. Today, a slow bleed so far, don't really see a bounce with any gusto.
Still, finger on the trigger, and stops in place! This is a wacky ass market.
Hoping that TZA explodes this week and next, got a bunch of those TZA $12 calls. SPY looks like it is heading to below 150 today, will be VERY nice, as it needs to come back down to reality. Going all bear here!
YHOO puts looking good, YHOO almost red now, and up a few cents on those options.
UGH! Computer froze up on me, had to restart twice to get back up and running.
I need a new laptop! Of course, I have been saying that for a YEAR now.
Jumped into some YHOO $19 puts for 11 cents Feb. expiry Looks like another slow bleed day today.
We REALLY need a big red bar to start some sort of bear move, sort of like YHOO yesterday. SPY goes under $150 today, and it will start scaring the bulls out there. IWM will drop even harder, so TZA will really pop nice. Even XLF having a red day, and financials have been a strong sector. Maybe, JUST maybe, all the crappy ass fundamentals are starting to catch up to the market.
The SPY push down is on some NICE volume on the red candles. When a green candle comes on, low volume. This is on the 1 minute chart. That tells me something. Going DOWN! (Let's see how long it lasts, though, as the BTFD psychos are still out there.)
Looks like it, just jumped into some $12 Calls. SPY was up and green this morning, but IWM was red since the open. Looks like it will lead lower faster than SPY or DOW.
Whoa! SPY just went Red! Somebody call Ben, and pump another 50 BILLION into it. If GDP is going down, employment is going down, sales are going down, housing is going down, we need the market to go UP, so everyone is happy.
Mmmmmm....bring it on!
Glad we had REAL crappy economic data, SPY at new highs again.
Same here. I haven't had a real good home made ANYTHING in a long time. I am going to hit my mom's house HARD, and have her make me her famous lasagna. Then, I am hitting every damn steakhouse in Las Vegas.
Awesome! If you and Stuff bring loads of goodies, like chocolate chip cookies, apple pie, pecan pie, etc... I will make the BEST Keurig coffee for everyone to help wash it all down.
And Stuff, will need some of that famous potato soup of yours as well, please.
Does anybody actually care about this ADP report. It is never even close to reality.
Of course! They are bringing dessert! (I hope LOTS of home made pies and cookies)
Wow, that is a BIG MISS! So glad Obama has another 4 years to turn things around as good as the last 4 years.
Anyway, market should rally to new highs today.
Yeah baby! I am coming to dinner when I get home, gonna book me a flight to Austin for your beef stew and pulled pork. EZ will bring the beer! Larry will bring the winning lotto ticket.
One more minuite til open. Catching up, let's see what happens. GOOD LUCK ALL!
Good to see YOU too, merciful Bunny. One last trip coming up on Saturday for a week, and then DONE with travels.
Hey there Long! Just back from a great dinner of pulled pork, rice, and potatos O'Brien. Mmmmmm...
*sigh* MEETING TIME! Then off to dinner. Should I stay awake this time, will be on for a bit when market opens.
Yep, and GOOD RIDDANCE!
LOL, your choice, I got an EMPTY bunk bed for ya.
Jan 30th: Premarket Report for Dow jones and S&P500:$KERX, $ISIS $CLSN $DLB $UIS $AMZN $FTNT $VRTX $AAPL $GOOG $UVXY http://stks.co/q1Ar
I got a spare bunk for you over here. Bring a bunch of cases of K-Cups, and you got a place to stay!
Man, ain't that the truth! I am leaning bear, and the market still heading higher. As soon as I start to think bull, the market will tank.
Now you push a button in the middle of the steering wheel, and some voice pops on and tells you when to turn, the speed to travel, etc... In your day, that was called a WIFE.
Good morning Lex. I laughed when I posted that as well, but it is spot on. Crappy consumer confidence did NOTHING but make the market rise yesterday. Last week the Fed numbers sucked, and market went up like we were in the middle of the great Reagan comeback. Good news is good news, bad news is good news, and really crappy ass bad news is really great news.
Sory to hear about your weather out there folks. Here it is GORGEOUS lately, in the 60s, sunny, and of course always dusty. February is supposed to be rainy, but so far, we had only 3 rains to really talk about, and they were pretty minor.
LOL, I bet YOU bought one of those as soon as it hit the showroom.
GO DUNKIN DONUTS!! My favorite place for a great cup of joe when I am NOT abusing my poor Keurig. The place down the block from me probably had to lay off a bunch of employees until I get back.
I love how everyone is excited about economic sentiment (which sucks) and optimism about earnings, which are WAY down from last year, yet the market is now HIGHER than last year.
Same here. I was looking to maybe do some 10 cent lottos or something, but even at $100 down the damn Puts were like a buck! Crazy.