Search results

short spy $132.74

There is some good information on the merits of tick charts etc. Use the search button , intraday you want a short term system that keeps you out of chop. Intraday I usually just have a moving average and parabolic sar, plus tape reading, also look at MACD. The issue is that no indicator will...

Happening trader slang: http://www.urbandictionary.com/define.php?term=shit+the+bed

I have highlighted the most obvious bs. Man you can't make this up.

looks like the low tick on march es was $1255.50 on 1/22/2008. But most of the drop was on the holiday. Nothing like a big bowl of drawdown over a holiday weekend, fun.

Someone was saying the market was close to limit down, I am not sure about that. Its just that SocGen also announced a huge writedown at the same time, seems the rogue was a bit of a decoy but what do I know. I have met some bankers that well.... that's all I will say. :)

Are you serious? how does one trader lose 4 billion without anyone knowing, this guy must be Houdini.

look to short again $134.50 cash/spy.

Quote from smilingsynic: Friday needs to be a strong day so as to create good vipes for the weekend. Those who follow the business news only on the weekends, during their free time, need to read in Sunday's paper about the rally. Rallies are important to replenish the supply of suckers. At...

went long QQQQ after the close at $45.25 out $45.80.

abk & mbi good stuff!

"Now the bank appears to have lost Mr. Kerviel as well. Société Générale Chairman and Chief Executive Daniel Bouton said Thursday that the bank didn't know Mr. Kerviel's whereabouts, though it was still trying to mop up the path of destruction he had left behind. " So they have him...

"Though Société Générale says it first learned of what it termed "massive fraudulent directional positions" last Saturday, it waited until it could close out those trades before going public with the problem. Winding down the trades, the bank said, resulted in a €4.9 billion charge, making...

The upper trendline is intact, I need to see a break of $1340.00 on the cash to get bearish. No one answered my question about beta. What stock would you say best represents the beta of the overall stock market. Meaning gm, gs, rimm, aapl etc. Just curious about opinions.

big 15 minute bar lower on the spy. This market is bouncing all over.

heavy selling coming in.

out $135.80

short spy $135.10.

Not to beat a dead horse but read this and try to read between the lines; makes me laugh: http://www.forbes.com/business/energy/2008/01/24/societe-generale-update-markets-equity-cx_vr_0124markets10.html