TASR...was that the blow off top?

I don't care . Although at my broker(s) I cannot short it, having my automated strategies running, on the long side, TASR still brings in a comfotble amount every day. Need more volatile stocks like that (up or down) to develop my strategies further. I'll appreciate any interesting ideas....

TFD
 
still holding June70`s...took the pain like a man and am right about a 1-1 risk reward ratio.

With my luck the second I get lifted they will halt the stock and resume trading down 30 points from where I covered. :D


anybody else involved?
 
Quote from indahook:

still holding June70`s...took the pain like a man and am right about a 1-1 risk reward ratio.

With my luck the second I get lifted they will halt the stock and resume trading down 30 points from where I covered. :D


anybody else involved?

I'm still holding 80 strike May flys. My break-even is about 71. Vol never came in enough after earnings to entice me to sell them. I'm now obviously hoping the thing stabilizes over the next 1-2 weeks, but I'm not sure it has a bottom.
 
bloomberg reported at 13:26 that a man died after being TASR`ed twice by police last night...must be old news but I figured I would pass it on
 
Looks like the a$$ wagon has backed up and unloading. Absolutely on its lower bolli on the six months and hit bottom on the slow sto's, right at its 6 month VWAP as well. Make or break point right here. Any new news or updates?
 
Quote from Chad Jones:

Looks like the a$$ wagon has backed up and unloading. Absolutely on its lower bolli on the six months and hit bottom on the slow sto's, right at its 6 month VWAP as well. Make or break point right here. Any new news or updates?

Agreed....I think if it breaks 65`ish the party is really over. The longs are squirming now...this stock certainly does not discriminate!

Chris
 
Interesting. Let me see if I understand. What you are saying is look at some different MAs then calc the difference between each of them and the price. So far, I follow you.

How do you get % from that? Do you take the number (sum of 3 differences from MA and price) and then divide by the the current price? or is it something else?

thks

Quote from dbphoenix:

If anybody's interested, there's a simple formula that can be applied to these situations. If nothing else, it'll prevent players from buying blow-offs.

Calculate the differences between price and the 17, 50, and 200d MAs and add them up. If they are >110%, be cautious. If they are >170%, you're going to get a correction.

(In this instance, 100% means double)
 
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