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I'll expect a big market gap move before Friday"s open. Why?
1. I have been helping a buddy the last two days, and couldn't prepare to profit, since I was busy withour PC access.
2. It's opex. The greedy lunatics schedule these things so can make maximum profit at the little guy's expense.
MF4
There's always a chance, just slightly better than infinitely not, that we'll see something from somebody.
There was a funny sketch on SNL this weekend, which could have been Varney and Urko, in my twisted mind.
MF4
GFP,
Thanks. Have a good weekend.
MF4
GFP,
where's the link to wallstarb's site?
MF4
It's probably just somebody legging into a tax-loss scenario on his 2012 return, when he sells in December for .02
Get ready for the playbook on Monday: 100 point gap down, bear trap, steal all the shares from weak hands. Slowly reverse course up to unchanged at the close. Tuesday gap up 100, then profit take but close green. Up a little more on Wednesday. Thursday a little selling. Friday flat.
Lather, rinse, repeat the next week. Ad infinitim.
MF4
And maybe it was more manipulation. SLV broke out above 34 and immediately dropped. I expect a retest, then above 36 next week.
Does anybody believe the Bernanke will ever support a strong dollar policy? No? Then buy gold and silver.
MF4
Strange. Internet poker account is still active.......??????
MF4
I'm not surprised. Ever since they allowed media conglomorates to own more than 7 media outlets (now unlimited), the money printing, puppet-masters have consolidated all media in the U.S. so there is no mainstream watchdog reporting anymore.
So, the FCC is corrupt. Anybody doubt the FDA is also? Perhaps, a Cortex competitor didn't want Ampakines to be approved? That would explain the FDA debacle from 2008, was it? That killed Cortex.
I don't care anymore. I'm convinced that God will be punishing these evil-doers shortly.
MF4
GFP,
Here's the perfect thing for you: Open an account at TDAmeritrade and setup a paper trading account. You can trade all of your plays, without risk, and see how you do.
MF4
Biggie,
People aren't buying the false flag ops anymore. The government has lost all credibility. Half the population is on to the game now. It's only a matter of time before we all see the Emperor has no clothes.
MF4
GFP,
Proving that this rally is completely engineered on low volume. Designed, of course to pull retail in. When the cab driver says I bought AAPL at 380 and it just goes up everyday (which it does), It's worth $500 now. You appeal to the greed in human nature.
Of course, since the gub-ment has made every other investment completely unrewarding, they obviously want to reinflate the equities bubble. Wouldn't be surprised to see a positive close today.
MF4
This is an edit of a double post. Has anybody else noticed that Ihub is acting flaky lately?
I reloaded my OS recently, so I tend to think that's my problem, but I find when reading a thread, hitting NEXT often results in no response or a very long delay.
Anybody else notice similar things?
MF4
I stated Romney would be the nominee when Rick Perry fizzled. The puppet masters ONLY allow their puppets to make it to the final ballot.
The clue is when you find the one candidate that never seems to have any real dirt turn up on them. Since the puppet masters control all media outlets, that's why.
So, once again, we'll have two bland candidates, that will present the illusion that there is a real choice. I'll vote for Romney because I can have a life with him in power. Another 4 years of Obama will see all private wealth vastly diminished or confiscated.
MF4
If you ever get a chance to time travel, You want to tell your past self to buy as much AAPL at $7 or less in April, 2003. Remember that number and date. There isn't much that did better. Maybe PCLN?
MF4
Yes, but my profit is capped since I did a zero cost trade. I bought a Feb 24/25 call spread, paid for by selling naked puts at 22. It cost me nothing. I was able to buy some 25 puts after it ran up for .20 - So, I've locked in an .80 gain for free. Can't participate anymore on the upside though.
Also thought I was brilliant earlier today when I bought 500 ERX and sold it 5 minutes later for a $300 gain. It would have been $2,300 gain had I unloaded at the top.
I haven't seen a market like today in two months. Forgot how to play it.
MF4
Big,
A possible timeline for a market top: February 16th or 17th because of options expiration:
On the 16th overnight could be some false flag crisis event. If they know about it in advance, they could buy out of the money put options expiring Friday for pennies. Or, stage a reversal mid-day Friday and load up on puts in the morning. Or,
Blow-off rally Friday, bad news over the weekend and a thousand point gap down Monday morning.
These guys will maximize their leverage. They are only happy taking everything from the unwashed masses.
MF4
Big,
I've been meeting lots of new people lately. Last night I was at a club for the over 30 crowd. I was encouraged by the level of awareness of the people I've met lately (those over 30, at least).
I think there is a huge, silent majority of people out there that understand somewhat how the government has been corrupted and the media consolidated in recent years.
I think these further attempts to generate false flags and push Draconian laws are being seen for what they are. Most thinking beings have a healthy skepticism of this government.
Once a true leader emerges, and a worthy plan is presented, those of us in the majority will come out of the woodworks. I think they know their time is near, and they are pulling out all of the stops.
If they were smart, they would settle for just having massive power and wealth, and be content. The fact that they are never content, and willing to destroy what they have, is curious. Perhaps Ombow knows why that is?
MF4
I've been figuring something like this was coming. I've stated it here for a long time. Is there anybody left that can still think of me and my ilk as conspiracy theorists?
You'd have to be a brain-dead, flag-waving idiot not to see the writing on the wall now.
If you're not a conspiracy theorist, you have minimal reasonong abilities.
MF4
Hey, I was there, man. We were staging an Occupy Cortex protest, but the building had chains on the door, and a foreclosure notice in the window, so we just decided to get drunk and complain amongst ourselves. You should have come by.
MF4
GFP,
Get over your unnatural fear of options. This strategy is tailor-made for you.
You are very good at identifying stocks that are bottoming and about to break out. But, your excessive fearfulness keeps you out of trades. That's WHY you need to use options. If you want a good starter, watch CNBC's Options Action of Friday afternoons.
You were looking at GDXJ in the 24's the other day. Here's what you do: Buy the stock at market when your indicators tell you to. Also buy Mar, APR, or May in the money put options at the same time. So, you buy the May 25.6/21.6 put spread for $1.80
Today, the stock closed up $1.38, The spread declined by .20 - But, now you have insurance and can sleep well while your GDXJ runs. The options will continues to decline as the stock rises, but at a fractional rate. When you think the moves is over, sell the stock and buy back the option spread. Since they are May options, they will hold alot of their value for the next month or two. A single option, or a spread controls 100 shares.
MF4
GFP,
I know you didn't ask me, but those are the ones I use the most: SDS is hard to move $1, something like 350 DOW points. I prefer using SSO as a long or short. It is shortable.
MF4
GFP,
A trick to avoiding a big loss on your early system buy signal:
Take a full or half equity position and also buy some in the money put options 2 or 3 months out. The puts are insurance. Yes, they are expensive, but they protect you too if you're early as I was on SLV at $28. Bought some 29/26 put spreads. It has limited my downside and kept me in the trade.
Ideally, you double down, after an uptrend has started, then sell the puts when you're confident you have a winner.
MF4
SC,
I prefer options to stock, because I have a habit of losing 10-20% the week after I take a position. Options limit my risk.
GLTU also,
MF4
GDXJ has to go down, since I took a bullish option position today.
MF4
Proof positive to all the doubters, that Obama is just a puppet of the globalists, as was Bush I and II and Clinton.
MF4
GFP,
You're a great chartist. Believe in yourself. My trading improved when I started watching MACD. Use small positions that you don't mind holding if wrong.
Double down if you get the chance. Good luck.
MF4
Big,
I don't know about your alanysis here. If the VIX is only at 27 now, this downside could have another leg or two.
MF4
GFP,
The IMF is the ultimate puppet-master. They may appear to be selling gold today, but they are probably buying 4:1 in other ways. Maybe Jan calls? Just my opinion.
Let's see where gold and silver are in a month? I bet much higher.
MF4
In all this volatility today, TVIX was up fractionally. It should have been up a few bucks at least. I would side with you, Big. Maybe they engineer a 400 point selloff tomorrow, Thursday or Friday, with a late reversal that takes us to new highs by year-end? See October 4th for the blueprint.
Also, when you hear everybody suddenly claiming Gold is a "sell". Will lose 20% in no time, etc. What happens? You get an engineered panic selloff. Once all the sellers have left the building, the buyers (the puppet-masters) will run it to new highs. Seen this movie before.
If you bought Gold for a currency hedge, but are afraid to hold it, buy some February puts. Sell the puts when gold has bottomed.
MF4
GFP,
The Euro appears to be heading towards parity. Wasn't that the cue that oil guy said to look for when the dollar is about to fall? If so, the dollar is no safe haven. The more people go there, the more wealth they can wipe out.
Gartman and now the news. Sounds like a full court press to extract gold from safe haven buyers. I will be buying when they panic sell.
Sad to see that the trigger is already being fingered. The end game is at hand.
MF4
The puppetmasters want you to think the "market" wants more QE. What a crock. THEY want more QE. QE gives them the ability to bankrupt us, then make us indebted to the IMF (global FED). They get us on the one world currency, and pull all the strings, how long before we welcome in the New World Order?
At that point, chipping us will be next. The Beast will have all of his ducks in a row.
If they stopped meddling in the markets, and let interest rates back up to 5%, all the savers and retirees would spend their interest money and the economy would boom again. Ironically, the FED keeping interest rates at zero, is actually preventing a recovery. So why are they doing it???????
The housing market will not improve until people have jobs. People won't have jobs if the economy keeps idling. So, keeping interest rates low, can't improve the economy. The economy won't improve until savers are getting a return on their hard-earned money. Chicken/egg.
MF4
Ombow, my liberal friend,
Your "moderate" stance is exactly what they want you to have. You have been duped into believing that "compromise" is what we need. You think there are two well-balanced "sides" that will prevent something catastrophic that could lead to "the beast".
What your mind cannot accept is the idea that "the beast", is using people like you and the power-hungry elite to create the conditions he needs to sieze power over all humankind. You refuse the accept that the puppet-masters control both sides and their candidates in this republic.
I don't know about Gingrich? But, I'm fairly certain that Romney and Obama answer to the same goons. Those goons think they are super-powerful, but when they've done his bidding and are no longer needed, Satan will burn them too (not that they don't deserve it).
Point is, please try to use your god-given powers of discernment to see that your middle-of-the-road stance is exactly what the beast wants. Go along to get along. Meanwhile, the republic circles the bowl because nobody with any power will take the needed stand.
MF4
Anybody BUT Obama!!!
MF4
I've seen Varney on PokerStars this morning. He uses the alias "MadeoffNtheShade". He's a terrible player and regularly loses $100 a hand.
MF4
It would be nice if someone could muzzle the US nationbuilder/puppetmasters. Unfortunately, those bastards are even crazier than the "muslim extremists". They will not stop getting us into middle east conflicts. All stated reasons are suspect.
Obama is really little different than Bush. Both were puppets. It's a shame they have no regard for the patriotic boys pledged to defend this country. The only problem is our real enemies are the ones making policy.
We fell asleep at the wheel, and the lunatic criminals stole or country.
MF4
Oh, I don't know. I wouldn't want a meddling type father figure always interfering in the day to day affairs of life. It's kind of like free speech. You can't allow it, but then keep coming up with exceptions. Likewise, you can't have free will, but then allow God to be influenced by man's constant pleading. Then, all random events would be suspect. If that were the case, you could blame or praise god for anything bad or good that ever happened.
Perhaps, there's a built-in means of manifestation? If we believe and "pray", we are activating some cosmic, karmic invisible fiber that overlays the entire thing. Perhaps we all have this god-like ability to influence our own lives? Maybe that's what the phrase "god helps those, that help themselves" is all about?
Maybe God just created an ideal physical environment, self-aware beings, capable of reproduction and repair, and pressed "PLAY" and is sitting back on a couch, eating popcorn and watching as his creation fumbles around asking "why?" all of he time?
Maybe every 6,000 years Nibaru wipes the stage clean(RESET), and it starts anew?
MF4
Ombow,
Who cares if the world is ready for anything? Stuff happens, weather we're ready or not.
MF4
GFP,
Does Lindsey give a date?
MF4
tech,
You may be referring to me. I have no agenda. I'm just an extremely broken long. I hold my shares still becuase I refuse to sell at the low and see this thing rebound. I would rather hold and watch it go to zero.
I have been in this turd of a company for 16 years. I have bought so many tops and sold so many bottoms, I can't even remember. Each time, it sucks. But, I get over it quick when it's a short term trade. CORX is a very long term holding. I would never stop kicking myself if I let it go and it finally did something good.
However, I have little hope for that. I still follow this turd because it is little more than thousands of powerball tickets for me.
If these bozos running the show could ever get something worthwhile put together, the market would ignore my negativity and buy it. Blame the management for the poor performance, not me.
MF4