Subsidizing mortage is good news? I don't buy it so didn't stop...still holding 84 short, just consider it as a new trade....
oledi45
· 10 months ago
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beanieville
· 10 months ago
nice!
dogismyth
· 10 months ago
it was all about the currencies today, and manipulation thereof. The cause of the "short squeeze" for lack of better term, was the synchronous change in the yen, euro and USD simultaneously. It was not the news IMO. I was waiting for it most of the day, and of course, it happened at the usual time of day...3pm (ding, ding)
beanieville
· 10 months ago
that was a juicy maximum 1.1 profit on the overnite short.
weeeeeeeeeeeeeeeee
stockabcde
· 10 months ago
I am betting a test of 7850 Dow and fail here...not cover yet, stop loss at entry price of 84
stockabcde
· 10 months ago
looks like Dow 7600 print today.
stockabcde
· 10 months ago
Will we see Dow 7600 today? that is the question. still not cover and hoping.
beanieville
· 10 months ago
U.S. stocks are expected to open lower, but overnight losses were trimmed following an upside surprise on monthly retail sales.
i think we go higher tomorrow but i'd like to see the close.
The bulls defended the low.
Inverted batwings it looks like.
stockabcde
· 10 months ago
Impressive rally from the lows...looks like no luck for me this time...will stop even trade at 84
beanieville
· 10 months ago
we probably gonna gap down tomorrow..
spy 84 is a decent overnite short, but i would not go gungho on it.
beanieville
· 10 months ago
actually i am not sure about the gap down right now, due to the fact it closed the gap and stayed above it at the close. ..but i would short than to go long for the overnite if i play.
that's another reason (besides inverted batwings) why i ain't playin!!! lol
beanieville
· 10 months ago
I'm hearing it has something to do with what Geitner said.
Go to the 1 minute interval chart for the last two days. Do you see the inverted batwings formation? I was looking for the right wing to form and once it did (and spy 82 completes it), i bought boatloads of SPY.... and sold on the way up. Well, i bought some at 81.55 announced on twitter, believing it will pull up and complete it. Once 82 broke, that was the biggie. Do you see the inverted batwings? If not, email me.
We have seen how people can be hurt badly by these batwings and inverted batwings. That's why i am not short. In fact, i'm not even gonna do the overnite short today.
beanieville
· 10 months ago
hey, i feel lucky...shorted SPY near 84 for a likely gap down. Not a biggie position.
beanieville
· 10 months ago
if we gap higher than spy 84, this thing could.....oh man, i don't even want to talk about what could happen to the market, to the bears here....
http://twitpic.com/1fwdj
weeeeeeeeeeeeeeeee
http://rawstory.com/news/2008/Merrill_bonuses_m...
stoploss at 81.67
stoploss at the new low 81.49
stoploss at yet the new low.
Yes, i feel like catching falling knives today.
will buy if the high gets taken out, 82.38 area
Great company.
Stock should head higher this year.
The bulls defended the low.
Inverted batwings it looks like.
spy 84 is a decent overnite short, but i would not go gungho on it.
that's another reason (besides inverted batwings) why i ain't playin!!! lol
Go to the 1 minute interval chart for the last two days. Do you see the inverted batwings formation? I was looking for the right wing to form and once it did (and spy 82 completes it), i bought boatloads of SPY.... and sold on the way up. Well, i bought some at 81.55 announced on twitter, believing it will pull up and complete it. Once 82 broke, that was the biggie. Do you see the inverted batwings? If not, email me.
We have seen how people can be hurt badly by these batwings and inverted batwings. That's why i am not short. In fact, i'm not even gonna do the overnite short today.