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anyone find another charting scanning site.. some of the new changes are more aggrivating than usefull.
wb- oversold,, and the bounce may not last long,, the real risk is that mr.B has to come out and suprise the markets with a +.25 or a +.50 in late june. traders are running into margin calls and finding the summer time its harder to find a fresh sucker to take stocks higher. remember a few weeks ago all the goldbugs and the 'longs' where screaming 'cash is trash'---------they are about to get 1 real rude awakening.--be very fast on scalping calls,, buy puts and enjoy the summer
up stocks are going to run into sellers,, and falling stocks wont care about good news,, remember fair is fair,, these same stocks ignored bad news and went up.. so you can call it the priced in effect or the fair is fair effect.
1st compitulation (sp)-->(naz+qqqq) bounce time-anything tech related,, (DOW)time to tank-not much upside,, sideways at VERY best the dow,pharms/retails and anything that isnt 30% off peaks in terms of stocks not indexes. remember GOOG is there to support the $spx so be looking for fast moves up dont marry it,, just go with the 'trend'
friday didnt leave a nasty warning candle in terms of tankola,, its bounce time for many slammed down sectors,, and it slamdown time for those that have 'survived' thus far..net net,,, this is a bulltrap on the bounce up stocks,, and a bit of reality for the bulls at the topped '10ft high and bullet-proof sectors)
those buying calls for june and beyond-may want to wait until options expire of june16th,, i figure the following 2weeks will be a big up week-but i dont think it will take out recent highs. about a 2week event--and of course cramer and cnbc will declare the bear dead- thats when you zip up your bear suits-------yeah i know its hot,, but so it finding yourself on the bbq rack.
re: i think the $indu is going to go sideways for the better part of the rest of may (8trading days) this will give the base feeling effect-bull/piggy trap,, bores the heck out of shorts,, and likely a good bounce up tuesday may30--------poison bait,, (buy cheap calls friday for a scalp),, wednesday,, may31 look for flat day,, shop out of the money puts 2months out,-buy those puts late thursday/early friday(june1-2),,,,,,,,,, and go on vacation if you like. toppy zone for stalling bait should be about 11400,, may only get 11295
i wondering if they support the naz a bit,, and tank most non tech,,, but goog better get with the program soon.
you know i dont like BAC at all- time to shop puts a few months or so out
i think the $indu is going to go sideways for the better part of the rest of may (8trading days) this will give the base feeling effect-bull/piggy trap,, bores the heck out of shorts,, and likely a good bounce up tuesday may30--------poison bait,, (buy cheap calls friday for a scalp),, wednesday,, may31 look for flat day,, shop out of the money puts 2months out,-buy those puts late thursday/early friday(june1-2),,,,,,,,,, and go on vacation if you like. toppy zone for stalling bait should be about 11400,, may only get 11295
you might get away with it,, after 32 start putting in your stops or better yet,,when you start to really like it,,, shop some insurance.
i think i wore out my welcome at the lion/GO board,, i just cant believe so many traders arent enjoying both sides of a market,, stocks dont go up forever!
sorry about getting back to you so late-i have limited posts here and there usually isnt any interest:)
lol- you know i am not cutting you,, cnbc trying to get buyers in the markets: just another op to sell to the fools that do,, we have not built a base,, much less anywhere NEAR the 10dma!
its not time to buy until kudlow is sure its time to sell and go away.
edit should read (because it was always in the retail e's) cnbc/cramer believers/loosers were disappointed by a Labor Department report that its consumer price index swelled 0.6 percent in April,
tip- the 200dma was over the stock price no volume was bidding it up,, and a former bull tried to explain the dd it to recent longs-it was a gimme,, momo players ignored him
PPP-new low
gm-yip-mm's may try to bait shorts up 1 more time,,,,,,,,dont fall for it, stay the course.
BA is that trendline gonna correct falling ma's? A:nope
agree today is all about trapping piggy bulls.
sorry i boycott buffy products,,, GP (who went private i suspect is selling more than PG)
keep an eye on ATS 1.62 or any satelite you like,, LORL is an oldy too, SAT can become a high flyer.
these are the BRICS that cramer hasnt found.
GIS holding up great-maybe its the next gold stock-lol
pillsbury has alot of gold when you cook the doughboy.
cheerios are sorta golden, chex too, wheaties is sorta a heavy metal
old el paso is sorta like copper
heck they make alot stuff that is the color of metal
http://www.generalmills.com/corporate/brands/view_all_brands.aspx
food is the number 1 item sold overall in wmt and other retailers--they even have fruit rollups/gushers and veggies all kinds of good stuff
getting real tired of having to add indicators nearly everytime i change the ticker,, and the redirect to other pages is getting old,, you would think the system would know msft/x or any big name has a chart.
i also dont like that the chart i saved in my favs to access the account isnt the same ticker i chose,, instead its the last stock i looked at.
how much longer until the glitches are fixed?
i do that alot,, trying to adjust,,,,,,, i think the problem has been underestimating the trend momo gangs.
pretty soon we could get a few weeks of crash2000 too many puts to buy.
(btw- i think the end net put cover guy is somehow connected to a buyer wanting the prices lower)-i'll explain later.
thld-trader wants to know who bought the puts,,,,,,,(mindless conspiracy), looks like longs left recently,, the 50dma is pointing down to the 200dma- my point is nobody is buying puts,, right now anyway.. once they raid those,, we have to switch styles.
my bet is BAC
cash- i prolly shouldnt have used those terms........ the post you are 'replying' to me tho is true. now i understand if you feel you need to ban me.. but i dont feel i really provoked him,, it could have led to an actual discussion rather than a 'nah' which i am learning is a very well excepted form of discussing/learning from others.
again, i appoligize for my remarks.
go back and study the charts again using my details i gave you in the bbh post.- or forget the chart all together, and do some dd. only thing i regret,, is not adding at .85.
i have 5 posts remaining-i wasted some responding to a blind bull.-maybe time to move on to another site,, this one just gives bulls,, others really dont have interest in bigger picture views.
maybe,, still feel bullish on PPP? its only a few points (pennies) from cutting its throat. mr.b or greenie are not so much the problem,,,,,,,, thats a blame game for loosers--------people didnt take responsibility for how to use credit.
tp- totally agree,, at least here in america the $usd is gonna be all the rage---UP.
traders trying to buy on the long side are gonna have that grasping for a handhold while sliding downhill
do you know what happens when railroads fall? read up on it. traders have that false hope,, they dont have experience in trading a down market.
you keep drinking that koolaide puts are cheap because the new breed of traders dont know to use them or how to use them.
btw- keep an eye on UNP- heck go buy it up,, im short and have puts.
http://finance.messages.yahoo.com/bbs?.mm=FN&action=m&board=7080487&tid=anf&sid=7080...
about to get their asses handed to them........i didnt screw up the housing market and i dont want those former house flippers in my market.
i am a homeowner with no 2nd mortgage-i dont care if my house is worth 50k 1 day or 500k the next- its my damn home,, they dont have a clue about the stocks they were/are buying,, they know nothing about corrections or insurance like puts, curbs, stops, margin calls- i dont care how far this market tanks-i would rather they not be in the markets with me/us. so sick of them saying up up and away,, the trend is your friend.......... bet they learn about another 'trend' soon.
goog sliding,, aapl sliding,, grow sliding,, does anyone remember curbs----------------and puts are still hugely cheap every where.
all dips bought by fools,, cause they will be searching for a bigger fool- the bull market is dead for awhile.
fast money coming out of GROW- this can seriously impact all metals and commodities.
also known as 'spray paint' on an old barn-------goog was added to the spx as hopefull prop job,, oils where added about 1 year ago,, and bio/pharms the years before that.
now go back and use the data i gave you to look at on bbh,, btw- the $nikk finally fell out of the lower bollingerband... i rarely use bb's except when applying it to adr's or anything not american,, it helps to smooth out the currency issue.
uptrend,, you said that about bbh,,i tried to explain to you about false uptrends........the buyers are former homeflippers using key stats.
buy ppp,, im staying with puts
gg dont want to take the fed on,, neither does usg- bet buyers show up for 1 last hope of a run.-eventually traders figure it out,, nobody is buying. even rti came off highs
thats fine- i dont want to risk being late to a 200-300point drop. i have some real low ball bids on certain puts and im watching the calls june25C on pfe- currently holding pfe long at 25.07- im expecting men to need lipstick soon (viagra)
mflx-
60.00 FUXQL.X 15.90 today
60.00 FUXQL.X 3.10-yesterday
b/5 at 1.00 pppti aug45P
mflx-http://www.thelion.com/bin/forum.cgi?tf=got_options_&msg=5150&cmd=read
another stock just did the same thing PPP
aug45P .80x1.00, buyer took 1.0
why- dell has declared war-chip pricing power about to disappear,, and you know i only like IFX+CREE
notes from elsewhere (basically: former house flippers leave my market)
most indexes are up on low volume,, very low volume,,, mm's/spec just printing whatever a buyer is willing to pay. this is dangerous to not have fundies leading the way,, making us wait for them to buy. alot of margin traders out there.
mr. b already said the markets read him wrong (markets went up) and they markets have kept going up.
cramer said we sell when they stop rate hikes-------everyone running for the door at the same time kind of gets crowded. and he has not factored in what if mr. B wants to be taken more seriously with a +.50 today or a surprise extra +.25 in a week or so like greenie did.
most indexes are up on low volume,, very low volume,,, mm's/spec just printing whatever a buyer is willing to pay. this is dangerous to not have fundies leading the way,, making us wait for them to buy. alot of margin traders out there.
mr. b already said the markets read him wrong (markets went up) and they markets have kept going up.
cramer said we sell when they stop rate hikes-------everyone running for the door at the same time kind of gets crowded. and he has not factored in what if mr. B wants to be taken more seriously with a +.50 today or a surprise extra +.25 in a week or so like greenie did.
keep an eye on way out itm/otm puts on gm+fm- this is not the bottom,, there is a tire glut out there,, sticking to old targets on both.
firestone will close one of their best american plants in hopes that the mexican plants can produce demand.
btw- firestone never cut ties with f on the tire issue,, instead they created another label and pretty much everything stayed the same. the crap you saw on tv a few years ago with them 'fighting' was all for show- the families are actually conncected by marriage.