Are you planning on holding this short through the fed statement tomorrow?
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Timing QQQQ
- Thread starter codedeep007
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Are you planning on holding this short through the fed statement tomorrow?
APR 30, SELL
Hold (-1000)
Hold (-1000)
MAY 1, BUY @48.7
NEW (+1000)
NEW (+1000)
Two things about the model
1) It does not know how to handle the IRS Rebate Check which I assume would peak around May 15.
2) The model doesn't perform that well during extended V shape recovery, which I am still working on.
Look at 2001 Apr-May I still think the market might still have upside now. But I have no planning to write code for it, because Rebate Check doesn't happen that often.
There were definitely some people knew the Sept 11 attack, the stock market started leveling off even before the first 2001 Rebate Check sent out. The question is: What about this time?
1) It does not know how to handle the IRS Rebate Check which I assume would peak around May 15.
2) The model doesn't perform that well during extended V shape recovery, which I am still working on.
Look at 2001 Apr-May I still think the market might still have upside now. But I have no planning to write code for it, because Rebate Check doesn't happen that often.
There were definitely some people knew the Sept 11 attack, the stock market started leveling off even before the first 2001 Rebate Check sent out. The question is: What about this time?
MAY 2, CLOSE @48.9
No Position.
Detected two critical programming errors.
One of them prevented the system issuing BUY signal on Apr 30 (The BUY signals didn't show up until today - two days later. )
// Rule 19:
if( i < (dateR.Length - 2) )
which should be:
// Rule 19:
if( i < dateR.Length )
I have been really busy going long for last two weeks, no one wants to miss that IRS rebate check...
No Position.
Detected two critical programming errors.
One of them prevented the system issuing BUY signal on Apr 30 (The BUY signals didn't show up until today - two days later. )
// Rule 19:
if( i < (dateR.Length - 2) )
which should be:
// Rule 19:
if( i < dateR.Length )
I have been really busy going long for last two weeks, no one wants to miss that IRS rebate check...
WOW see my prediction about Microsoft and Yahoo merger:
http://elitetrader.com/vb/showthread.php?s=&threadid=126290
_______________________________________
Turned out the offer is $33 and reserve 1.5B. And the stupid Jerry Yang rejected, I might take $1000-2000 loss on Monday.
http://biz.yahoo.com/ap/080504/microsoft_yahoo.html
Quote from code007 on May 2, 3:01PM
Instead of paying $37, I think Microsoft will just pay $31-33 per share, but will reserve 2B to keep the talent. Everyone would be happy. Not big rally for the street, just fine.
http://elitetrader.com/vb/showthread.php?s=&threadid=126290
_______________________________________
Turned out the offer is $33 and reserve 1.5B. And the stupid Jerry Yang rejected, I might take $1000-2000 loss on Monday.
http://biz.yahoo.com/ap/080504/microsoft_yahoo.html
....Yahoo shares finished last week at $28.67, slightly below the $29.40 per share that Microsoft was offering before Chief Executive Steve Ballmer agreed to raise the offer to $33 per share in a last-ditch effort to get a deal done.
....What's more, Microsoft had planned to offer $1.5 billion in retention packages to the thousands of Yahoo employees it wanted to stay on after a take
So how to play Yahoo now, here is what big boys are going to do.
BB's friends on the Street (like WB) will each buy up to 4.99% Yahoo shares starting on Monday. With enough shares to win a proxy battle, then they get rid of Jerk Yang in about year like the other co-founder, Microsoft will throw another ball at Yahoo, if successful everyone will be happy, if not they will dump those shares before Microsoft announces another give up, then round three...
BB's friends on the Street (like WB) will each buy up to 4.99% Yahoo shares starting on Monday. With enough shares to win a proxy battle, then they get rid of Jerk Yang in about year like the other co-founder, Microsoft will throw another ball at Yahoo, if successful everyone will be happy, if not they will dump those shares before Microsoft announces another give up, then round three...
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