iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,470 Blog Posts

PPT Ranges

Updated to reflect today’s disaster.

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72 comments

  1. Po Pimp

    FIG

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  2. xxxhuggiebearxxx

    This was not just a disaster but an outright calamity. WTF happened to the fucking bernanke put??? What happened to The Bernanke wants equities to go up???

    Also, Fuck China.

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    • xxxhuggiebearxxx

      And Fuck Ireland too.

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    • Xybo

      Guy! Markets gonup and markets down, right?

      2 Points:

      1) It is options expirarion week and that almost always puts spin on the ball.
      2) On the chart above – Watch the 50MA as a pull back target and a good entry – if that is your bent.

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  3. rothmere

    I want to ask what the number levels signify please? Thx.

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    • The Fly

      Those numbers represent all extreme readings of The PPT. I have charts that look even better, dating back two years. But I can’t fit it all on one chart.

      Traditionally, a reading sub 2.3 is OVERSOLD. Above 3.00 is OVERBOUGHT.

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    • noodle

      its a cock size rating
      in radius

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  4. kilroy

    We’ll know for sure that we are nearing the abyss when walstreetpro2 starts making videos again.

    http://www.youtube.com/watch?v=KWu-efNN8PM

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    • Cloris Leechman

      I was just wondering a few days ago whatever happened to that guy – that was some classic material.

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    • go2mars

      Thanks kilroy! That guy always worth watching!

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  5. xxxhuggiebearxxx

    Hey…does anyone ever wonder why the bond vigilantes just happen to always show up right at the end of earnings season? How ridiculous is that shit? Looks back at the timing and cause of the last couple of dips and tell me it ain’t so.

    That shit is not just coincidence.

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  6. alphadawgg

    I will not start selling until I see Dow 10,750. Until then, I will not be moved.

    Jacket on,….. jacket off,.

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  7. Trading_Nymph

    Finally, this last few months of lame QEing just sucked. Market has no idea what is going to hit them…stupid commodities bubble from China. End of Dec ends China’s Cash for Clunkers….but I know this all a dream and I will wake up with Markets bullish again, no demand, but still thinking Inflation is coming…oh well,…btw Shanghai Copper Futures tonight…sell off hard again so far.

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  8. Jason

    @Huggiebear dont lose hope just yet, Cramer is still bullish. LOL!!

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  9. noodle

    well now that you put it that way its not much of a disaster at all is it?

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  10. TheArtist

    CAAS building a new plant for power steering unit.

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  11. murderhole

    I coudnt sleep so I got up at 430am and shorted 2500 shares of HGSI at 27 and change.

    I’m going back to bed

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  12. TraderCaddy

    Chips were bashed this AM based on inventory but seem to be holding up surprisingly well in the market gyrations.
    SMH or SOXX etfs definitely a look see intraday on a market uptick.

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  13. riggedgame

    What an asshole on CNBC- Bob Reynolds of Putnam. When asked “What would you
    cut RIGHT NOW to reduce our current account deficit? The asshole says “Fix Soclal Security”.

    As if that needs to be done now! No wounder Putnam Funds are Pieces of Shit!

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    • go2mars

      If fixing involves a bull-dozer…

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    • TraderCaddy

      You are correct rigged.
      The politicians stole from the SS fund and broke it.
      F them and the lobbyist money they came in on.
      By the way, it can be fixed over time with a few gradual changes, but, they are not to be trusted.
      And any of the young uns who voted for socialist high spending Obama have no right to complain when any SS changes work against you- you asked for it voting on the basis of slogans and mass psychology.

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      • Jakegint

        I am/was/have been/always will be against both the Community Organizer and the Ponzi Scheme.

        (just in case you hadn’t read the obligatory iBC disclosures… 😉 )

        ____________

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      • Teahouse On The Tracks
        Teahouse On The Tracks

        So why doesn’t Obama put an SS Czar in charge of the fund and whack the govt each time it tries to touch the public’s $ in a Gore Styled Lock-Box or Chastity Belt. Then raise the cap on taxable earnings some from the current cap of $106,800 … another regressive tax.

        If the GOP wants fairness when it comes to extending the Bush Tax Cuts then why can’t we have fairness when it comes to the SS tax … go unlimited … an eye for an eye!

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    • Cascadian

      Genius! dude was on TV to promote his funds. Social Security is fucked so put your money in Putnam. Yeah, I see the guy working. As if Social Security will be “fixed”, whatever that means.

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  14. TheV.King

    50 minutes until the #9 song….also I got my Shitty Group 125,000 @4.18

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  15. Subcomandante Braveflaps

    VXX range = Liberace in ermine skin cape

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  16. mustard seeds

    #9 Jerry Lee Lewis: Great Balls of Fire

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    • TheV.King

      great song, classic rocker…but no try again tomorrow

      hint though…the number 1 song is a basic, hard hitting song like this 1…keep that in mind

      11 minutes

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      • The_Real_Hmmm

        Neil Young – Keep on Rockin’ in the Free World.

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        • TheV.King

          That’s a good song, not top 10 though, plus a southern man don’t need that 60’s radical around anyhow…

          Try again tomorrow

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        • Jakegint

          Oy vey, there are only about 600 better Neil Young Songs than that piece of drek.

          Neil jumped the shark about twenty years ago as a songwriter, but his old stuff is genius, literally pure genius.

          ____________

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  17. J

    Does anyone know what happened in VXX it jumped to 49 bucks in a few days or was there some adjustment that took place in the stock?

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    • Teahouse On The Tracks
      Teahouse On The Tracks

      1:4 reverse a few weeks ago … still in hibernation down under?

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  18. The_Real_Hmmm

    Long BRCD for a gamble ahead of earnings.

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  19. TheV.King

    Ladies and Gentlemen iBC is proud to showcase….
    The V.King’s TOP 10 Rock and Roll Songs
    # 9 Baba O’Riley
    The Who

    The title is not mentioned in the lyrics. Some people know this as “Teenage Wasteland.” You can find this song being blasted on The V.Kings headset while trading equities or curling 65lbs dumbells

    This is the first song on Who’s Next, the most successful album of The Who’s career. Although this is one of the most popular Who songs, it was never released as a single.

    This was used in commercials for the 2000 Nissan Pathfinder, and also appeared in ads for Cisco. The Who lost a lot of money on bad business deals in their early years and decided to cash in when they were offered big bucks for commercials.

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  20. Braapflaps

    Hansen version is better.

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  21. Quint

    If the #1 song is not from Justin Bieber, there needs to be a recount!

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  22. Teahouse On The Tracks
    Teahouse On The Tracks

    “Red Rubber Ball” didn’t make the count?

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