Currently -35.9% since the bear market started on October 9, 2007 (17 months), but up 48.2% from the March low.
Below are the 2-day, 5-day, 10-day, 1-month, 5-month, and 11-month charts of SPX.
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Watch VPHM today for a possible move higher ahead of FDA panel tomorrow on one of their oral drugs… i’m a buyer above probably 7.75
Has anyone messed around with heiken ashi charts? I was tinkering last night and discovered them.
Heineken? Maybe after market closes
Sold everything except CNO, WNC
PPHM continue to watch..already own it personally…FYI.
I’ve had my eye on this since you’ve mentioned it days ago. i haven’t bought yet but continue to monitor. Thanks
it has been boring so far ….no doubt…
Sold UIS from yesterday @ $1.94
Bought ANPI, CVGI, JADE, massive in WNC
Out CNO 3.87/88
Sold $CVGI 3.60-65
Bought $XRM $1.30-33
Added more RAD looks strong despite the tape I like to ride along the upper Bollinger bands still holding DVAX and DENN but look like they might selloff
ABK various 0.81-0.86
HEB 2.10 … small pos
FR 2.37-2.50
wasting my time , but … LVLT 1.22 wth
Bought $OWW 3.31
Can you guys believe the run GGC has has over the last week? Crazy.
Amazing what a 1 – 4 – 25 stock split will do for your shares … huh?
CA – thanks on WNC, target of 2.25
Cutting half of everything
Bought $ACAD $5 flat
HGSI 15.01
Took a beating in PNX, dead money for a while – not going to sell it though (if you need a reason to keep positions reasonable in size, here’s one). SAY softened the blow.
I know its not the most relevant, but does anybody know what is going on with AAUK since you cannot trade it anymore.
I found this link: http://www.bloggingstocks.com/2009/08/03/aauk-now-you-see-it-now-you-dont/
I have AAUK as a long term investment and now I can’t trade it, quite weird :S
adding to my EDZ here
let’s see what happens
look at VVTV!
Sold $ANPI $1.82
TELK 1.11
Sold $CAEI $2.40
bght XRM $1.49
XRM fucker!
too bad i had to liquidate all my positions yesterday due to a planned vacation, which ended up being postponed til tommorow
watch SQNM
cut DVAX ONAV GRB partial DPTR
cut HEB 2.08
CA what you think about RAD BE over $1.7? I see I nice potential 10-15% move …
Bought RUTH $3.84. Not expecting a lightning fast breakout here. this is a swing. Look at the daily chart from the past 100 days. the breakout of that channel that happened 3 days ago is what is making me buy here. stop placed where it would enter back into the channel at $3.59.
Sold $ACAD $4.89
SQNM 6.33
Sold everything
i feel a storm coming… careful on the longside boys…
Sold $WNC $1.89/frac, $XRM $1.45-46/frac, $JADE 2.92/93, $OWW $4.98/frac
me too
sold SQNM 6.26
in $OWW 3.79
VVTV might be good for more
Bought $VVTV 3.54/frac – For swing
Sold $OWW 3.79/frac
watch TELK
Bought $LPX 4.48, $APL $7.72/frac
I luv $NVAX
look at my old nemesis UAUA go!
Bought ANPI $1.86
Bought $IO $3 flat
Bought $CAEI $2.40/frac
Sold $APL $7.68
would that be considered a cup&handle on the s&p on the 5mins?
Bought WNC $1.87/88/frac
Sold $LPX 4.49/frac
Thought you already had WNC? I bot it on your call yesterday at 1.35.
Thanks for the gumball(s), Mickey*
_______________
(*Note: You may be too young to remember this one)
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scroll up
Bought OCNF $1.63
sold TELK 1.05
long RIGL, CAEI, BEAT, UAUA
Bought $XRM $1.58
xrm!!!!
cvgi looks good here
nevermind then
HBAN looks ready to go…
Whoa XRM and SAY saved my keister – bought XRM off my screen early this am – riding till a wheel comes off! SAY has a lot of room. I will NOT hold FOE into earnings, I’ve been cuffed about plenty this AM coming back hard from down 3% – freakin’ rookie mistake with PNX.
Buying gold and silver puts…..
got to be easier ways to bank coin ….. what month/strike you buying?
Buying Aug/September. Buying various so some are on the actual etf GLD and SLV and others on actual stocks. GLD buying 91 and 88. Also buying some ITM
Why don’t I just send you my address and you can skip the middleman? 😉
_______
As long as your willing to write the calls and pay me when I cash out them. Sure. My target is ~91 Gld. and the rest will have a trailing stop ~91.5 when we reach that…… And my contingent stop on all positions is ~95
Bought PMI $2.79
Bought $OWW 3.88/frac
PACR 2.55
sold 1/4 XRM at 1.64 – in at 1.33
sell 1/4 FR 2.73
HGSI consolidating nicely and getting ready for second b/o, watch volume.
Sold the rest of RAD and DVAX no action today keeping a small position on my screen for a revisit.
Da_bear… again nothing on the chart says buy puts in silver and gold… you’re trying to put your foot down and be right… have fun losing your time decay.
I can’t see it on any ETF / sector screens I’ve got for silver and gold. What’s the reason for the puts?
Plenty says to buy puts. Dont look at a 5 day chart….. and you will see.
Ummmmm, what’s this 5 day chart thingy? Rather than me guess, can you share your rationale?
USD about to bottom…. Seeing this on many currency charts. Also symmetrical triangle in GLD and HUI seen on daily/ 60 day 60 min. Therefore I am shorting at the top of the symmetrical triangle, with target for August puts around bottom of trend line in GLD/HUI and September puts on a trailing stop because of less time decay.
By the way I think we get a reversal at this point in the market due to a rule I use often. It’s called a push up rule and we made the third push.
Goodluck to you, you are looking so hard and have so many rules that your confusing yourself and others. You have yet to be right.
Only been here for three days I think. My intraday calls were right and I moved some positions around….. With 1/2 off here and adding 1/2 back on. Their still down, but the position itself is improved. The market is a marathon for a lifetime not a three day race
I’m sorry but you ARE and you WERE wrong.
I’ve learned from some of the best. If you’re early, you’re WRONG!
I had a good friend long 100K GOOG @ 200… yup so you assume he made a killing. Nope stock went to 175 first and he was forced to sell it by his superior. Stock went to what 700. He was still wrong. The guy will never say anything other than that he was early, so he was wrong.
Get over yourself
That is why you are never 100% in/on margin prior to trend being on your side
PNX – sold 1/2 at 2.00 – 13% loss on the position. Hell of a lot better than the 30% down this am.
Out $CAEI $2.46/47/frac
Bought $STKL $2.73/frac
STKL 2.75
sold PACR 2.55
might not be a bad idea to buy STKL on TSE as SOY…Canadian dollar on fire might add another few % when sold if anyone wants to long it. I was long SOY earlier in the year and it paid off both ways.
CDII 1.91
bot CPSL 1.25
sell ZZ 2.53
buy small UCBH MBHI 1.26 0.61
sold CPSL 3.20
SYNM interesting
Potential sym tri on SPX, continuation would be moderate positive for those of you who havent been watching
Broke out higher
Bought at 1004.5, forgot to post it
Sold and shorted at 1005.5
Covered 1006
FOE, my rocketman bustin
NIIIICE! Good on ya Doc!
doubled OCNF @1.6488
Sold $CPF 2.72/73
Sold $IO $3 flat
Sold $OWW $4.12
Bought $OCNF $1.66/frac
Bought $SYMX $1.13
1/4 more $PMI $3.03/frac
Bought $RAS $1.42/frac
Bought $MRGE 4.13
Bought $BPOP $1.32/frac
Sold $WNC $1.77
.
CDII trying for open field
BPOP could pop .. keep an eye on
GKK 1.58
ABK beaatches … getting jiggy, with it
sell 1/4 HBAN 4.39
back in PACR 2.57
tripled my HBAN position for midterm holding me thinks financials have legs and this one will rock
SPX pushing against heavy resistance at ~1007
doubled $BPOP $1.35
Sold $PMI $3.03
increased 1/4 $XRM $1.68
Sold $MRGE $4.11/frac
sold STKL 2.64
Sold half GSS @ 2.62, bought it on Friday @ 2.40
CVGI, push!!
sold PACR 2.6
not my day today + i need to run erands before our trip.
if 1007 holds, i’ll keep my EDZ with a stop at today’s low for the rest of the week.
good luck to y’all
AKRX!!
AKRX
Izzat a B-rock Oh Bomber stock?
_______
BPOP BTFO
I AM VERY, VERY RICH TODAY.
Sold $XRM 1.68
Bought $PACR $2.75
Sold $SYMX $1.14/frac
Sold $VVTV 3.44/frac – not a good swing candidate
Sold $RAS 1.45
Sold $ANPI $1.87
Sold $PACR $2.67/frac
Up 2% after being down 4% at the open – I’m a happy guy with XRM, MBI, SAY, FOE, FAS, PMI and a couple of laggarts. Gotta go for much of the day, tight stops – bank big!
Oh yea, still holding 100 shares of FTK that slid to a loss…
I have completed entering my Gold and silver puts. Next stop is determing the stop for positions tomorrow
Although I dont like these small plays they seem quite affective I might dip my toes in, if things dont turn around by end of week(back down)
Why go against the trend?
Because the trend ends at some point. And I had a clear entrance and then exit. Also tracking currencies dollar to go up and gold down from my TA standpoint. Gold can be seen from daily or 60 min/60 day the resistance it has to go over
Sold half OCNF @ 1.70. back to normal sized position
for the heck of it:
SRS 13.30
With you sf
SRS 13.51
me too ERY
Anyone in UIS?
I don’t see any resistance till $3. What do you think?
It’s a positive sign when more coming my way for me. As either buying must stop or selling must ensue. But perhaps top picking shall be only 50% of account and rest with the trend. Well that is how it is.
WOW you were talking to me about my English …. well at least my excuse is that it is my second language what’s yours? (palm on my head)
haha i just read it myself. Made no sense. suppose to read
It’s a positive sign for bears(myself currently) when more are shorting. The market goes up unless buying stops or selling incurs. The rest is just a mental note to myself.
I was saying your english in terms of swearing.
Sold the rest of Denn @ 2.5
Wow that was a shitter CNO just took, covered @ 3.58
YRCW
fucking more car salesman bullshit…where is my fucking cash…?
Short small AXL @ 2.87… hunting for stop orders lower!
PFG @ 26.31
BEE 1.22
Bought $UIS $2.04 – swing
wow…FNSR is blowing up today!
Hedging myself into close. As in taking off some of my shorts and adding longs(example of me improving position). Into close will be short only
Longs added have a stop less than 2 points away. Break of this and back in shorts.
Out @small loss back in shorts.
sold PFG at 26.79
sqnm
LIZ look good to anyone?
wish i saw this at $3.33. nice rounded bottom breakout
CPF 2.73
FIT 7.64 stop 7.57
HEW 31.55 stop 31.40
Covered AXL 2.86, basically flat
great there goes AXL
Thats not fun to see a stock drop 8-9% in 15 mins after you cover the short LOL
probably does not feel great. Curious as to why you covered in first place? (
It’s even less fun to watch it jump 8-9% after not covering it. Flat trades aren’t always a bad thing bud.
Mike – Couldnt agree more with ya!
Da_bears – I’ve had an awesome day, and i got caught up in being 100% right today… i’m 7 for 7 today. Just didnt want a loser, stupid really…
CTIC perking up
TZA long 15.28
What happened while I was out, everyone on iBC go to cash? I’m all stopped out except SAY and NPBC
Triangle on SPX, continuation would be south.
Yup. Doesnt have to be though
I was talking short term, before the close really. The triangle from 2:25 to ~3:20 this afternoon, shorted as it broke downwards then covered as it stalled. +1
Yeah might be retesting now or part of a bigger formation from 2:00 until whenever
short AZO….Cash For Clunkers…not good for buisness…
Watch yourself, stocks already down $10 almost since Friday. I think you might relatively late to the trade. And i know for a fact that the company loves to stand and buy stock when it sells off like it is. (used to do the buyback for AZO last year)
Thanks …. Great Info!!
when does the Cash for hookers program start..?
lol
Once you stop using your old busted ones so we can get the new models out on the street. 😉
where do i trade grandma in at then..?
Local dealership. Has to meet some requirements…..
already started but run out of cash by Friday. Vote is on Wednesday and then Senate is on vacation for a while. So a fail would make F a great short. Might tank market also as a whole and strengthen dollar
From what I understand the senators have been discussing the details in various private sessions for months.
Well votes tomorrow. And havent been for months. Recently found out they needed more cash and program didnt start to long ago. Might be confusing the need for more $$$
When you stop wanking to save for hooker money.
Yo Doc, did you snap that excellent Churchillian baby picture?
yeah, that was my new baby boy, 4 days old getting ready for discharge from the hospital this last Feb. That pic has made the family rounds big time. He’s actually a pretty funny guy, and just like his dad, looks and stays cool as a cucumber even when he’s crapping in his pants…
All the signs of a real gentleman. Especially that last one.
That, combined with a regal scream while pointing the toe of contempt – sophisticated presence that fills the room. Perhaps an aquired taste…
Congrats
Thank you sir!
CA – you holding anything into close ? thanks
CTIC…late day interest showing up
MEG looks imminent!
Fail …. maybe AH or tamorrah
overnights: $ANPI, $BPOP, $CPF, $CTIC, $GKK, $HYC, $OCNF, $PACR, $UIS, $XRM, $YRCW
Thanks again for all the work you do on this web site. I cannot post too much because I work full-time BUT pease know that I learn from you and am very grateful for your willingness to share your expertise. Your awesome!!!
* Pissant , your not too bad yourself.
an additional thanks .. I too learn … your style is very quick & decisive … I cannot copy that but I have incorporated a tiny bit of your mentality into my trading … so BIG thanks 😀
BPOP into the close, only enough unsettled cash to add 1 position – after the stops ripped earlier today I’m 90% cash
Out CPF 2.88 +5.5%, FIT 7.65 BE, HEW 31.40 -.7% nothing special here.
DVAX active after mkt..positive-so far.
DVAX earnings are in and announced it has met with FDA to discuss its plans to resume development of HEPLISAVTM, up initially 16% now settling lower. Still holding a smallish position
DVAX on watch tomorrow
DVAX to provide 2009 Guidance After Determining Heplisav Timing, Scope, Funding
yea. crap, this thing is jumping too far on the chart.
$2.40…yea, too far.
What does that mean? “Too far on the chart,” I mean.
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so high its off the charts … god i sound like that douchebag terranova LOL
Don’t forget-
When you are posting trades, post BOTH SIDES. Don’t say you sold/covered something when there is no record of you even buying/shorting. I’ll simply delete your comment and throw it in the bullshit can.
FOE doesnt look good. i know some guys trade it here.
FOE Ferro reports Q2 EPS ($0.27) vs Reuters ($0.20) ($5.84)
Company reports revenues of $399.3M vs Reuters $425.5M. During the 2009 Q2, the company initiated an additional step in its ongoing European restructuring. Manufacturing operations in Nules, Spain, were discontinued in June and are being consolidated into the company’s existing operations in Almazora, Spain. This initiative is expected to reduce annual operating costs by approximately $2.5M. End-market demand is expected to remain flat from Q2 to Q3 of 2009, reflecting reduced global economic activity and continued effects from tight credit markets.
For sure PA. Some research showed FOE has a serious record of dropping after reporting earnings. It was one of my best short term holdings of the year though – stopped out today though my intent (see higher up the thread) was to sell it before earnings anyway.
RUTH took an end of the day dive for me, but i’m still holding. Still in my original position of OCNF after taking gains on my double down. That’s all for me.