Search results

why don't you scale into your position.

Whoever said the majority were smart? That's 1 million more goobers to fade. If you want stocks in play just look at everdays 52 week high list. As for cramer, the guy gives me a headache, he screams like a bozo and acts like he's on crack 24/7.

Actually I short 10705 near the close.set a stop at 10725. Upon reviewing the charts after markets closed I see it's headed to 10760, so I'll probably end up taking a loss on this position.

too many bearish on the EUR. I suspect we see a bounce up to around 1.1950 and then free fall to 1.1100/1.1500 by May '06. I'm making this post more for keeping a personal record for this call.

Oil sector stocks more than other sectors seem to move with a herd mentality and XLE sold off hard today. I don't see VLO at 100 either next week. but next week is options expiration week and anything could happen.

what cycle you referring to? some type of astro cycle?

If you were a devious entity controlling the market, what would you do here?

If the VIX breaks its most recent low, look out shorts. We're going to the moon so to speak. There is a lot of macro stuff going on that is buffeting economies worldwide. It could be Chinese insatiable demand for raw materials and their dirt cheap manufatured goods, Russia opening up its...

Ice, how often do you observe that there is a short term cap on the underlying stock price in relation to open interest at a certain strike price? I see for APA after todays close that the 70 strike has a higher open interest than the 65. How does the price of the stock play into this...

I'd like to short some size into the YM at these levels. Everything screams overbought, what scares me is that everyone else is looking to go short. Something just does'nt feel right with the recent market action. How much did you start with in your Forex account? I trade the futures...

No one wants their products either http://themessthatgreenspanmade.blogspot.com/2005/11/hummer-overfloweth.html

There's something called scaling into a position. And a 1% equity stop is 1% regardless if you trade $100 Million or $10,000.00. The only issue is when you want to exit fast and the liquidity is not there. The guy is better off trading the large SnP contract instead of 200 YM contracts or if...

why not trade index options instead of giving your system away?:confused: Anyways, YM looks like a good short from here 10575 with 10 point stop. Me thinks good for 100 points min. imo we're going back to 10470.

your posts are like those little gnats that are so bothersome when camping. You just want to smack the crap outta 'em. :D You evidently know squat about trading options or trading in general (not that I know much either :) ). So please STFU and learn from those who walk the walk.

Tony, this is the second breakout attempt at the higher resistance level, nasdaq already failed 4 times at the lower level. This is an extension of the discussion we had few weeks ago when I mentioned the markets were pivoting. Like ozzy said, it'll take a couple of weeks more for stocks to...

Good points. The market will go up and it will go down. In the long run we're all dead anyway. Right now I'm watching the EUR for a break below 1.1800 to go short.

Mike, it looks like a heavy supply area to me. You could very well be correct, but difference in views is what makes this game interesting. There is more at play than interest rates. There is some serious petro-dollars floating around , which I think are being filtered into US equities. Also...

Lately I noticed many signatures from the late 2002 rally that could signal an impending break upwards. Low cap stocks are jumpy and moving off lengthy accumulation bases. Larger cap stocks seem to have higher intraday $ ranges. Inspite of layoffs and low job growth, companies are flush with...

Hey ice. Are you still watching NIHD? it seems more like absorbtion than distribution right now. Maybe wait for a breakdown below 82 to buy PUTS.

Not if the mullahs take over....opps I mean elected democratically, and issue their own currency.