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Market has slowed down in the last 20 min but I don't believe shorts will have the bulls to do any damage. Condition is in favor of a 2% by tomorrow close.

Time is 10:30 and market is up about 0.8%. There is a high chance that market will rally another 1% from now.

I don't know the answer to that. I know that not raising is not the answer and it is not a republican or democrat thing. As Warrent mentioned in his recent interview the debt ceiling was raised 7 times in Bush Presidency.

Now that I think more, I get more faith on my theory. Here are my reasons: On one hand, I have Bernanke's speech today that basically said, he would throw himself under an 18 wheeler but won't let the market collapse and on the other hand I have Moody's "MAY" reduce the US bond's rating...

Wait for my :D sign post at market close tomorrow . By the way don't say when I posted market was already up. EWhen I posted this market was down 0.7%

After the news market dropped 0.7% AH but psychologically traders are sick and tired of these bad news that come and go. I believe this news will backfire and market will rally. This is just my humble opinion. Use your own judgement.

Yesterday ADI dropped in high volume. It was a scare sell. No fundamental behind it. Expect ADI and TXN to rallyover 2% today. Selling pressure is over and I believe inst buyers will come in the last two hours of trading if the market gain stays which I believe it will.

I am an individual trader with 17 years of trading experience. My YTD gain has been 31% and I had one losing month so far in 2011. I am thinking of adding to my short weekly 131 straddle on SPY. I also like most of semiconductior stocks specially after today's unjust drop. I also try no to post...

I am still beating on my old drum. Semi stocks are hammpered today because of Microchip warning. Microchip is not that big player in semi industry. TXN, ADI, ALTR, LLTC are all piced low now. If you want to reduce the risk, you can buy SMH but I am going with more ADI. Few days ago it hit...

I am not here to impress anyone. Those gut feelings don't happen everyday. But if you ask me the cose of SPX tomorrow, I guess it should close +- 0.2%. My reason is that now the longs and shorts are confused. They cannot drag the market in one direction a lot because it might backfire. Today...

Hi Iceman, Do you remember me? we used to chat in YM in 2005. To answer your questions here are my positions and trades: 1- I had sold 4 weekly naked Call 134 for SPY last week which was excecised and I started 400 short SPY at 134 which I covered at 132.82 (too early I could have covered it...

Time 2:37 PM Monday ADI is at 38.68. Very cheap. I am buying it now. Quality stock which will stun the market with its good results.

I have not traded 17 hours. It is 17 years. I correct it.

Check out the time when I posted. S&P was down 0.41% and not 2%. Do you mean every time that future is down 0.41%, the next day market will be down 2%?

I don't buy lottery. I only trade. After trading 17 hours, sometimes you feel that you know what the market would do. I have been wrong and right thousands of time. The important thing is that you should trade in a way that if you are wrong, you won't lose your shirt. By the way, my postings are...

After dropping almost 2% mid day, S&P should erase 1% of the loss by close

AH Alcoa resuts will show that economy is slowing down.

I am glad that you pick up my coded messages.:)

This is based on my experienced gut feelings. This will be a reaction to job report which did not happen on Friday plus the reaction to all uncertainties in the market, high gas prices, cooling off of the profit of 80% of the companies as we go forward, uncertainties in rainsing of debt ceiling...

I was sarcastic. When you lost in your first trade, it seemed that you were happy because you could use it to tax write off. was using the same methodology when you made money.