iBankCoin
The first hit is always on the house.
Joined Aug 2, 2009
1,847 Blog Posts

Capitulate, Please

Three charts I have my eye on, into this weakness, into the close.

pcln0604

ua0604

amzn0604

I am close to booking my gains in TZA, fwiw. If the Russell can’t break it’s multi-week range, while all the others have…I shouldn’t stay too long.

Update: $NYMO -95

 

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36 comments

  1. RC

    would love to catch that $UA lower with you.

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  2. e1tan

    what is the range of nymo like is there maximum or minimal value for it/.

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  3. fly jrd

    TZA prints mid 40’s within 2 months

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  4. fly jr

    Phantom SPY print of 1644 just appeared. Bears might be done for the day

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    • fly jr

      what a great call and observation on my part. I should get my own blog too.

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      • Option Addict

        You have yet to post anything that would generate profits.

        You should be promoted to Yahoo! message boards.

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        • fly jr

          ha. I am giving you macro guidance and the confidence to make your little option trades. no thank you necessary. Now please excuse me while I watch Meredith Whitney’s chin talk her book.

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          • Option Addict

            I am fading the shit out of you and stacking dough doing it.

            Thank you very kindly.

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  5. Option Addict

    Picked up AMZN wkly 270s at .81

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  6. fly jr

    TBT not buying this decline.

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  7. fly jr

    rates went slightly up today – which is what has been the normal on positive stock days – the positive correlation your article states. So the market went down in a rising rate day – an odd occurance. Hence my point.

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    • hattery

      Ah. I guess I misread it because of your past bearish sentiment.

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  8. am8aj2

    bad news on aapl after hrs…down to 444.. are the weeklies toast?

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  9. am8aj2

    the 50 day has been quite strong support. this patent news seems to occur quite often so it’s not that big of a deal imo. loaded up on this weekly calls and next weeks 465s for the conference. gl out there. thanks for the insight

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  10. The Fly

    O is bloody red. Time to buy REITs soon.

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    • TheOSU

      Not the mREITs ; remember these management teams are compensated based on capital riased . And they’ve raised truckloads since Q1 2012 . Now that
      they are trading at a DISCOUNT TO BV and it is time to show the faith and buy back shares at these
      levels . Won’t happen .

      Maybe a hybrid might work…..but who needs might .

      An RAS , I was stopped out @ 8.02 , could be okay sub 7 if you’ve got faith in commercial real estate .

      FED nonsense and Bernanke departure are not even close to being priced in at this time . Have to pass on all REITs at this time .

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  11. charles c

    AMAZON…powww nice win going on

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  12. charles c

    amzn calls only up 350 % …hmm

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