Order: 13:25:57 (2 sec fill)
Entry 13:25:59 $31.2699
Scale Outs:
1/2: $36.92
1/4: $41.89
1/4: $41.18
Suffice to say, I am done for the day. This is a news driven power spike that I was fortunate to catch. I don’t regret getting “only” 1,000 shares because I stick to my rules on position sizing specifically for intra-day spikes.
1st Target: $31.68 (high [...]
You have to click on the charts to enlarge.
In case you don’t know what this is about, read Fly’s post first: http://www.ibankcoin.com/flyblog/index.php/2009/06/17/chart-chomping-101-hosted-by-the-fly/
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—————————————–[THE DAILY POST]—————————————–
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The Emperor of Mankind - Guardian of the Imperium, Lord of Terra, Aeternus Eternus
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The current 1-day box on the SPX is located between 905-925/930 as it can be seen on the 1-mo/20-min chart + 1 blank day. Immediately underneath is [...]
Will getting rid of mark-to-market actually help bank stocks?
Yes, banks will fully recover as a result.
Yes, but only temporarily.
Hell no, are you kidding me? They’re dead.
I don’t know, man.
Current Results
Global equity markets (all are in a short-term, multi-day consolidation):
NYSE & NASDAQ Advance-Decline, New Highs-New Lows, VIX:
DJIA, SPX, NASDAQ, R2K 15 year long-term weekly charts:
TrimTabs Weekly [...]
