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AJ, I'm calling for a recount as in Dis-COUNT Wave just in case da-TOP is in!?
Almost to the day seven years ago, March 2000, hmmm, must be sumptin to it, waves dat is?
regards,
nm
Footster... Yeah, Yeah, Yeah, nuttin like having da-Gleno indicator factor going for ya, LOL!?
Foot... Totally agree, we're gonna tag one of those levels in the next couple days and it's anyones guess as to which one, hence a neutral position is warranted?
Currently controlling 10Mar46 puts and 10Mar45 put options or 2000 shares above 46 and 2000 shares below 46.
Also have sold short 10Mar43 calls at 2.45 and bought 1000 Q shares at 45.26. If prices goes up to 46.00 I unload the 1000 Q shares and if price drops below 45.00 I buy back the 10 Mar43 calls and then the Q's are trapped at 46 or 45 respectively for the duration of the OE period?
Good trades,
nm
Correction... should of been Up/Dn between 12580 and 12800!?
Footster... my work suggest we get the extension and make 13000 by 06/08Mar?
A very weak correction Monday that test the 12580 area and a whole lotta Up/Dn for the remainder of this week between 12580 and 12700?
Then it's off to the races 05/08Mar for a Compulsive, Exhaustive, Parabolic ST TOP that allows da-boyz to DUMP all their inventory they've accululated holding prices up without loosing money on the average cost basis as prices plunge -5% in less than two weeks and spend the next five weeks dropping an additional -5% and form a ST bottom?
Best regards,
nm
Footster... I've moved on to snowboarding and it's NOT been pretty, LOL, sorry no pictures as they say it all!
Auhh, Not Exactly... as one would actual get an "Interest Only" mortgage and have a payment of about $450, pocket $1950, and have a chance to walk away 5-10 years later with a 25% gain AND $250k in their savings account!?
Why in the world would one want to pay any principal when they lower their rent payment, sock away 23k a year, and make 25% on an asset that they "USED" for five to ten years, one might NOT be da-sharpest tool in da-shed choosing to pay principal since what's da-point!?
That said, this is suicidal in certain Housing Markets but Genius in others? Going net negative lends to one acheiving dat sinking feeling and dats not good, hence, this strategy is NOT to be deployed in California or any other ridiculously high, could fall off da-Planet, pricing markets!
Good day.
Viewing Graphs without interference!?
You need only click on previous button, the click back on next button and all is Viewable?
Or... you can go through whatever it was dat da-Footster posted?
Good day.
Are the Markets Open Monday, I don't think so?
You are correct Sir!
Here's the OEPM 4cast for the S&P500?
Actual
5-Jan 1418 1418 1406 1410
4cast
8-Jan 1410 1420 1410 1414
9-Jan 1414 1424 1403 1418
10-Jan 1418 1425 1414 1419
11-Jan 1419 1426 1412 1413
12-Jan 1413 1423 1413 1422
Enjoy da-trade,
nm
I guess trend-lines are meant to be broken!?
It will be interesting to see what spin is used to explain the precipitous drop vs. UP forecast?
Believe your lying eyes or NOT?
da-OEPM 4cast-r saaayyyyyyyys, NOT, sorry BULLS!?
29-Dec 1425 1427 1417 1418
3-Jan 1418 1425 1405 1407
4-Jan 1407 1411 1387 1390
5-Jan 1390 1396 1385 1385
Happy New Year Bears, let's get ready to Rumble!?
Yep, dat pretty much sums it up, nuff said!
Happy New to ALL and to ALL Good Trades,
nm
Ken... that was a Be Careful post about Options!
I responded to you suggesting more aggressive plays with options and I gave some things to be cognizant of, especially since I knew you where not that confortable and maybe even some fear entered into the picture! It's not good to trade a vehicle that you're not comfortable enough to avoid fear as fear makes us do things we maybe shouldn't?
I'm sorry others are void of da-NM decoder ring and sometimes don't get it, but hey, dats not me problem!
In summary, yes, me-amigo, I have absolutely Zero ill feelings against you and for that matter, you seem awefully sincere about your attempts to build better forums and platforms for ALL to go to the next level, cheers me friend, job well done!
Thanks for the encouragement but I think da-OEPM factor will find a way to stay on track to make a few Cha-Chingos, we'll see?
May the next Year be a Monster year and your profits be many!
Warm regards,
nm
Hi Tech, moved all trades and commentary to Collective2!
http://www.collective2.com/cgi-perl/systems.mpl?session=860627473472561052572520173712806&want=p...
Just started the portfolio on 25Dec06 and it's up 2.5% in two days, hoping to double by 19Jan07, might make the "best new entry" list if I do )!?
Sorry, but not letting "None Paying" players read me commentary but below I've pasted the Market Commentary at the Close on the 26th and 27th? A teaser if you will for others but for you, a FREE-bie?
Warm regards,
tb
When: 12/27/06 (16:30)
Systems: da-OEPM Factor
List subjects
Reply
The Q's have taken back the S2 (43.32), with a Close above and this portends higher prices into 28/29Dec. The next key resistance line is the S1 (43.87), and a Close above that confirms the uptrend?
We'll use weakness Thursday morning to close shorts and add longs?
Good trades,
nm
When: 12/26/06 (16:41)
Systems: da-OEPM Factor
List subjects
Reply
The Q's found a ST bottom today and should firm for the balance of the week.
We'll watch the S2 (43.32), as the next line to breach, especially on a closing basis. The tougher resistance will be the S1 (43.87), and we'll use price action at those levels to reverse short.
Our open positions have a long bias that we'll close and reverse to short bias by weeks end?
Good day,
nm
Wow, if dats not an END-GAME signal I don't know what is!
Ken, I've been doing this for a looong time and I can assure you, you'll be able to buy at a 75/80% discount in about four wks!?
Good trades,
nm
Tea... Dem some badasskie charts for sure!
I suspect price will confirm or deny the bullish trend by 03/04Jan and it appears the NDX has to get rejected at or before the 1800 mark for a Bearish count Highlight?
I have it being rejected at the 1780 (43.71 +/- on Q's), mark and if that is what happens, then dis-puppy is gonna test the 2005 Yearly OE Pivot of 39.47 around 23/24Jan. And I'd not rule out a visit to 37.50 +/- before a yearly bottom is attained sometine around 15Apr?
Good day.
The OEPM 4cast for the S&P500 thru the JanOE?
Date Open High Low Close
22-Dec 1418 1419 1410 1411
26-Dec 1411 1421 1411 1421
27-Dec 1421 1421 1418 1421
28-Dec 1421 1424 1421 1421
29-Dec 1421 1425 1419 1419
2-Jan 1419 1426 1405 1407
3-Jan 1407 1412 1388 1391
4-Jan 1391 1396 1386 1386
5-Jan 1386 1395 1385 1391
8-Jan 1391 1396 1384 1389
9-Jan 1389 1399 1387 1394
10-Jan 1394 1394 1382 1385
11-Jan 1385 1391 1376 1391
12-Jan 1391 1391 1377 1379
16-Jan 1379 1388 1379 1387
17-Jan 1387 1400 1382 1400
18-Jan 1400 1400 1387 1387
19-Jan 1387 1387 1374 1376
Merry Xmas to all and to all a Good Night!
Huhh, 1910, now dats Funny Stuff!?
Just another example of an aging concept and soon to be sent to the Archives of History, TA, Charts, FIbs & Lies!?
There is No Possible way prices can tag 1910 before we hit 1626, pa-lease!?
Even with the infamous 401k rape-n-pillage bias into the Year-End 1850 will be a stretch, and 1910, a pipe-dream!?
Where do these Pundits get this stuff anyway, from a pipe, 1910, Geezsh?
Good trades.
Max Pain means nothing,
"If we wanna take this Bass-turd Up, we'll take it up and DARE ain't nobody gonna stop us"
A quote from da-boyz at lunch today, go figure, well, actually, doesn't figure, especially on a 401k Hand-off play?
Good trades.
Skeptics should be embraced?
The scientific community embraces their peers to discern and negate or confirm their findings, and why? Because it speeds up the process of getting to the goal, a working whatever?
If any idea, invention, discovery, can defend against the time and discernment, then it will get it's due infamous-"C" and go forward with the appropriate accolades?
Besides, skeptics can give ensightful feedback and help one plug some holes?
Carry on Merlin and know that "I'll be Back", to discern of course.
nm
Wow, get short now and save yourself!?
Huhh, you actually think we go UP after today's pattern, hmmm interesting!?
Good trades,
nm
May not be the Holy-Grail, BUT!?
Metal... if a player can't profit from using those charts, then dat player needs to find another game to play!?
In other words, excellent work and it appears da-Q's are heading to back-test the S1 (43.75) shortly? Da-boyz may try to tag the R1(44.85), today before starting down but either way that'd be about a -2% drop before finding support and bouncing back up into the infamous 401k Hand-off play 14/15Dec?
Good trades.
nm
QQQQ recap as of 28Nov06.
OE Pivot, 44.30 (up 6.5% YTD)
OE High, 44.86 (up 1.3% for the DecOE)
OE Low, 43.34 (dn 2.2% for the DecOE)
Total Spread, 1.52 (3.4%)
The Q's have tagged the R1 (44.85), and retreated quickly back below the OE Pivot, 44.30? This is inherently negative as it's never a good thing for prices to CLOSE below the OE Pivot!
That said, a quick trip down to -2.2% along with a quick bounce, on a CLOSING basis, back ABOVE the S1(43.75) is signalling more up to come? Add in the infamous 401k Rape-n-Pillage play on 30Nov and 01Dec and one could easily have higher expectations for prices? Heck even the TA, Charts, Fibs & Lies players will act like their indicators have suddenly become relevent, yeah right, as prices march higher into Friday, NOT?
We should find support over the next few days as selling pressure abates? With a 401k hand-off scheduled for 30Nov/01Dec we can expect prics to back-test hte recent highs of 44.86 and maybe even exceed that high by a few pennies?
This Year-End Markup phase should continue through 31Dec06 as 401k, Pension, and bonus monies come pouring in, hence, down action will be followed by up action as prices finish forming a Distribution "TOP"?
We got Long yesterday with Dec44 calls (.45/.50), and Dec45 calls (.15/.20), and we'll liquidate those positions as prices closes above the OE Pivot (44.30), and get Short as prices attempt to breach the R2(45.41)?
Good day.
For your amusement and a good laugh, here's the OEPM 4cast-r's numbers - AGAIN!?
Date Open High Low Close
Actual
24-Nov 44.40 44.86 44.38 44.65
27-Nov 44.52 44.61 43.64 43.66
28-Nov 43.52 43.84 43.34 43.77
4cast
29-Nov 43.94 44.71 43.94 44.67
30-Nov 44.55 45.19 44.49 44.83
1-Dec 45.15 45.41 44.84 44.90
4-Dec 44.89 45.24 44.65 45.06
5-Dec 45.15 45.31 44.23 44.28
6-Dec 44.31 44.73 44.20 44.54
7-Dec 44.17 44.97 43.90 44.81
8-Dec 44.58 44.83 44.46 44.68
11-Dec 45.01 45.14 44.73 45.07
12-Dec 45.07 45.41 45.03 45.29
13-Dec 45.30 45.52 44.92 45.12
14-Dec 45.14 45.26 44.55 44.70
15-Dec 44.36 44.54 44.16 44.16
QQQQ recap as of 27Nov06.
OE Pivot, 44.30 (up 6.5% YTD)
OE High, 44.86 (up 1.3% for the DecOE)
OE Low, 43.34 (dn 2.2% for the DecOE)
Total Spread, 1.52 (3.4%)
The Q's have tagged the R1 (44.85), and retreated quickly back below the OE Pivot, 44.30? This is inherently negative as it's never a good thing for prices to CLOSE below the OE Pivot!
That said, a quick trip down to -2.2% along with a quick bounce, on a CLOSING basis, back ABOVE the S1(43.75) is signalling more up to come? Add in the infamous 401k Rape-n-Pillage play on 30Nov and 01Dec and one could easily have higher expectations for prices? Heck even the TA, Charts, Fibs & Lies players will act like their indicators have suddenly become relevent, yeah right, as prices march higher into Friday, NOT?
We should find support over the next few days as selling pressure abates? With a 401k hand-off scheduled for 30Nov/01Dec we can expect prics to back-test hte recent highs of 44.86 and maybe even exceed that high by a few pennies?
This Year-End Markup phase should continue through 31Dec06 as 401k, Pension, and bonus monies come pouring in, hence, down action will be followed by up action as prices finish forming a Distribution "TOP"?
We got Long yesterday with Dec44 calls (.45/.50), and Dec45 calls (.15/.20), and we'll liquidate those positions as prices closes above the OE Pivot (44.30), and get Short as prices attempt to breach the R2(45.41)?
Good day.
For your amusement and a good laugh, here's the OEPM 4cast-r's numbers - AGAIN!?
Date Open High Low Close
Actual
24-Nov 44.40 44.86 44.38 44.65
27-Nov 44.52 44.61 43.64 43.66
28-Nov 43.52 43.84 43.34 43.77
4cast
29-Nov 43.94 44.71 43.94 44.67
30-Nov 44.55 45.19 44.49 44.83
1-Dec 45.15 45.41 44.84 44.90
4-Dec 44.89 45.24 44.65 45.06
5-Dec 45.15 45.31 44.23 44.28
6-Dec 44.31 44.73 44.20 44.54
7-Dec 44.17 44.97 43.90 44.81
8-Dec 44.58 44.83 44.46 44.68
11-Dec 45.01 45.14 44.73 45.07
12-Dec 45.07 45.41 45.03 45.29
13-Dec 45.30 45.52 44.92 45.12
14-Dec 45.14 45.26 44.55 44.70
15-Dec 44.36 44.54 44.16 44.16
QQQQ recap as of 27Nov06.
OE Pivot, 44.30 (up 6.5% YTD)
OE High, 44.86 (up 1.3% for the DecOE)
OE Low, 43.64 (dn 1.4% for the DecOE)
Total Spread, 1.22 (2.8%)
The Q's have tagged the R1 (44.85), and retreated quickly back to within .08 of the OE Pivot, 44.30? With the OE Pivot NOT being violated on a closing basis for the first 4 trading days of 19 total, we have to maintain an upward bias. Add a higher High and Higher Low for those first 4 days and one would be hard pressed to find a case against higher prices (bar-ing TA, Charts, Fibs & lies of course)?
The Q's have tagged the S1(43.75), and completed a + and - 1.25% Up/Dn pattern. We should find support over the next couple days as seling pressure abates? With a 401k hand-off scheduled for 30Nov/01Dec we can expect prics to back-test hte recent highs of 44.86 and maybe even exceed that high by a few pennies?
This Year-End Markup phase should continue through 31Dec06 as 401k, Pension, and bonus monies come pouring in, hence, down action will be followed by up action as prices finish forming a Distribution "TOP"?
We'll continue to go Long at or near the S2(43.19), and Short as prices attempt to breach the R2(45.41)?
Good day.
And for your viewing pleasure, here's the OEPM 4cast-r numbers as of the close 27Nov06?
Actual
24-Nov 44.40 44.86 44.38 44.65
27-Nov 44.52 44.61 43.64 43.66
4cast
28-Nov 43.79 43.99 43.45 43.45
29-Nov 43.40 43.61 43.29 43.34
30-Nov 43.51 44.28 43.51 44.23
1-Dec 44.12 44.75 44.05 44.40
4-Dec 44.71 44.97 44.41 44.46
5-Dec 44.45 44.80 44.22 44.62
6-Dec 44.71 44.87 43.80 43.85
7-Dec 43.88 44.30 43.77 44.11
8-Dec 43.74 44.53 43.48 44.38
11-Dec 44.14 44.40 44.03 44.24
12-Dec 44.57 44.70 44.30 44.63
13-Dec 44.63 44.97 44.60 44.85
14-Dec 44.86 45.07 44.49 44.69
15-Dec 44.70 44.82 44.12 44.26
QQQQ recap as of 25Nov06.
OE Pivot, 44.30 (up 6.5% YTD)
OE High, 44.86 (up 1.3% for the DecOE)
OE Low, 44.01 (dn 0.7% for the DecOE)
Total Spread, 0.85 (1.9%)
The Q's have tagged the R1 (44.85), and retreated quickly back to within .08 of the OE Pivot, 44.30? With the OE Pivot NOT being violated on a closing basis for the first 4 trading days of 19 total, we have to maintain an upward bias. Add a higher High and Higher Low for those first 4 days and one would be hard pressed to find a case against higher prices (bar-ing TA, Charts, Fibs & lies of course)?
Hence, the OEPM calls for further upward pressure on prices with the R2(45.41), as the next target during the week of 27Nov thru 01Dec? If this target is breached by 29Nov, then we must submit to the R3(45.96) being a possibility by 01Dec? Then add the infamous Rape-n-Pillage play of 401k money on 30Nov and 01Dec and one could make a strong case for prices actually CLOSING above the R2(45.41).
Strategy:
Buy 10 Dec45 puts on any attempt by the Q's to Bounce on Monday morning, we may be able to buy those Dec45 puts as the Q's breach 45.00 on the up side. Then buy 10 Dec40 calls if price attempts to close the GAP-up and tag 44.65? We'll add 10 Dec45 calls if the Q's breach 44.40 and attempt to tag Friday's low of 44.38?
Good day.
For Amusement purposes ONLY, here's the OEPM QQQQ 4-cast-r!
Date Open High Low Close
Actual
17-Nov 44.06 44.30 43.95 44.30
20-Nov 44.16 44.48 44.01 44.39
21-Nov 44.42 44.51 44.25 44.45
22-Nov 44.58 44.75 44.26 44.72
24-Nov 44.40 44.86 44.38 44.65
4Cast
27-Nov 44.93 45.14 44.38 44.64
28-Nov 44.75 44.85 44.48 44.55
29-Nov 44.72 45.50 44.72 45.46
30-Nov 45.34 45.99 45.28 45.63
1-Dec 45.95 46.22 45.64 45.70
OEPM update as of the 21Nov Close.
Actual
17-Nov 2440 2446 2432 2446
20-Nov 2441 2457 2438 2453
21-Nov 2453 2457 2445 2455
4cast
22-Nov 2464 2478 2462 2476
24-Nov 2475 2486 2475 2476
27-Nov 2486 2494 2462 2481
28-Nov 2479 2482 2470 2470
29-Nov 2479 2518 2479 2518
30-Nov 2513 2539 2511 2525
1-Dec 2536 2549 2527 2530
More money flows into the Markets between now and the year end than the other 10 months combined (major source, 401k, year-end pension, and bonus monies)! Will da-Boyz miss da-opportunity to Rape-n-Pillage, I think NOT!?
Good day and enjoy the Holiday weekend!
OEPM 4-cast update as of the close?
Actual
17-Nov 2440 2446 2432 2446
20-Nov 2441 2457 2438 2453
4Cast
21-Nov 2462 2476 2460 2474
22-Nov 2473 2483 2473 2474
24-Nov 2484 2492 2460 2479
Good day.
OEPM 4cast-r says.....
Date Open High Low Close
Actual
17-Nov 2440 2446 2432 2446
4cast
20-Nov 2443 2454 2427 2445
21-Nov 2454 2468 2452 2466
22-Nov 2465 2475 2465 2466
24-Nov 2476 2484 2452 2471
Buying calls on Monday 20Nov when price tags 2435, selling on Friday 23/24Nov when price tags 2475?
Good day.
Fibs & Lies... now dats a subject I can relate to!?
Great board Footster and one badly needed for sure!
Keep up da-Good work!
tb