Ad astra per aspera...
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
FIO: on the 1 hour chart it is at oversold levels and maybe (even though I hope not) it could bounce a little after these red days.
However looking at the bigger picture even if it does have a little bounce tomorrow (hope not) it should probably continue the downwards motion as on the general daily chart indicators (RSI & MACD) are pointing down and there's more red to expect.
I assume once it breaks into 126's that the 125-124 area will be the first support to test and my assumption is it will break through to 122-120, hopefully within the next 2 weeks or sooner.
Again, just my opinion, there's never a guarantee it will turn out like we expect.
Anything being pumped here?
Dont forget to take profits people. You never know when the dump comes :)
SPY Video:
SPY: I was up almost 100% on my 122 Puts this AM - Greed kills, kids! :) A pump can happen any time as we just see and another BS spike
Sold my other half of GOOG puts earlier for 50% loss - Wasn't working out, still 2 days left but i was maybe too optimistic about it retracing faster. Sometimes you gotta try. You never know.
But i do think GOOG is toppish here again, unless the SPY does a big Santa-rally now
Bernanke flashed his coat to the SPY (he's nude underneath) why the SPY got a boner/ spike?
FIO HERE's 26's!!!!!! Almost!!! Weeeeeeeee
FIO POS new LOD 27.13
QIHU: WOW nice little dump on new CitronResearch report!!!
lol. btw: QIHU - CitronResearch just out with another report: Qihoo 360 Is Committing Fraud — Plain and Simple http://www.citronresearch.com/index.php/2011/12/07/qihoo-360-is-committing-fraud-plain-and-simple/
Is it bad for me to want World War 3 to get the SPY under 100 so my Puts are up 10,000%?????
LOOOL :)
GOOG + AAPL both as the SPY is going back down
Mikey, nice video. What do you think is the reason why it wasn't delisted yet? Also do you think the latest buyout rumors is just pump?
FIO: They dumped so much, doesn't look good for the longs... I wonder.
AMR under 1.00 again, pump over?
In Options it's very hard to always predict it correctly. Lately it seems everybody can be right for 30 min's lol :)
I'm surprised SPY bounced so much today though after dipping into 124's and I expected it to stay around those levels with lower tomorrow as it formed a little top on the chart.
We'll see
FIO: Somebody said Friday would be sell-off due to the lock down or lock up thingy?
Wish the Options were a little sexier tho. It takes a while for the Puts to uptick finally but i'm sure once it reaches a critical support-loss things will start moving faster.
FIO going down faster and faster! Very nice call man!
FIO is starting to become a falling knife? In slow-motion though :)
FIO nLOD 27.59
wait, a 3.00+/share buyout when the stock was just .22 the other week on bankruptcy news?
WTF lol
AMR hod 1.20 up 70%
AMR 1.20
FIO: Anybody think it can go 20.00 or under in 1-2 week(s)? Wasn't IPO at 20? I wonder how much down it could go
AMR: OMG!!! WE SHOULDA LOADED THE DEC 1.00 Calls at .01 with thousands of dollars the other week!
Even the .50 Calls were like .02-.03 and now .65!!!!
UNREAL
AMR Dec .50 Puts .03x.04 might be worth a shot? Not in, yet
AMR Dec 1.00 Calls from .01 like a week ago to .20 now, that's a 20 bagger! Argh, too bad i only loaded 4 bucks worth "just for the lulz"
SPY green, damn. Just goes to show how schizophrenic it can be
So what changed with AMR? No more Q, no more pink-sheets delist???
FIO nlod 27.77
AMR officially 1.00 up 42%+!!!! holy moly! Those panic sellers on bankruptcy news to .20/.22 a week ago must feel terrible
lol, well i did buy AMR Calls at .01 but only for 4 bucks as souvenir!!! Argh!!! i was too influenced by all the people saying a Q and pinksheets would follow within few days after the bankruptcy news.
AMR almost 1.00: ARGH!!!! Like a week ago I saw the Dec 1.00 Calls at .01, the only reason why I didn't load them was because everyone was talking it being done and up for pinksheets delist within days.
Now those same calls are .15-.16, that's a 15-BAGGER!!!!
FIO about to go 27's again
FIO hope to see more volume/ faster dumpage :)
SPY impressive rebound almost in 126's