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

Turn the Page

I’m convinced that what we’ve seen happen this week is an important turning point in the market. The mark of a new chapter that takes place starting now.

Most folks out there conspire against the market, that we’re only moments away from the next crash. You know me, my conspiracy theory is that the market is getting ready to explode.

Enjoy your gains,

OA

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95 comments

  1. Jolly

    OA for President.

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  2. eddiedaroza

    I fuckin love your attitude.

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  3. matt_bear

    i’ve got a sour apple yolo. everything else rocking.

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  4. bood

    mmmm .. it’s been months … years really .. we’re waiting for the next big crash…. the next big dip .. woah …. meee ……

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  5. charlie

    What color Tesla are you buying?

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  6. clarkusaurelius
    clarkusaurelius

    OA what’s your exit strategy for SINA?
    Я готов следовать за вами, товарищ

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  7. sandwich

    TNA put yolo

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  8. UncleBuccs

    I tipped my toe in some CREE this morning. Probably early, but it just seemed like its time…

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  9. halloweenpleb

    i hate my day job. pulled me away and didn’t even get to play with YGE… i am hating it right now

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    • jacked rabbit

      Yeah, it’s weird to think that I made more money on TSL, YGE and SODA today than I did my regular job.

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  10. Option Addict

    MANAGERLOU,

    HERE I COME! $VEND

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    • managerlou

      Haha! Could make it interesting if that keeps up.

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    • twinkies

      LOL! VEND 25% down today!

      this stock is playing out perfectly for the competition.

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  11. matt_bear

    top ticked groupon, now you gotta go and top tick the damn market. i was still enjoying my gains. >:(

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  12. twinkies

    I command $YGE to stay out of the consolidation range.

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    • lanforce

      Do please let us know how that works out for ya.

      P.S. Thanks for the shoutout yesterday – Autumnal passed it along. I’m knee deep in snow and water damage at my cabin right now.

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      • twinkies

        Lanny! missed ya dude. sorry to hear about the the water damage. hope your portfolio is still afloat (pun intended)

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        • prabz

          YGE has been a frustration sitting within that range.. hope it confirms this breakout

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        • yoshii11

          +1, not the same around here without hearing from Lanny…well, Lanny AND The Impostor haha

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    • managerlou

      Looks like the mini retest is complete.

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  13. bchu12

    YGE!!!!

    OA, have I told you I loved you lately?

    Boom shakalaka!

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  14. bchu12

    GOGO not so much:(

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  15. j livermore

    +400% $IGT April 17 calls.

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  16. yoshii11

    DaJuice!!! These rainclouds are for you! hoping it can rain just one more day on FSLR while I sail the high seas. The sun can shine all it wants next week! Game on.

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  17. managerlou

    Have fun in the clubhouse guys, wish I could be there for the party. I’ll have to catch up on the recording later – work, blah.

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    • green machine

      Drink maximums may need to be established today.

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      • managerlou

        I’ll put some smoke in the air tonight…for the group of course.

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  18. managerlou

    [twitter hands]

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  19. tmamoyac

    Market is getting ready to explode? What is going to propel the market without anymore qe?

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  20. wvufan87

    Hey geoffff. Found some blog fodder for ya: http://oi57.tinypic.com/2ilke9h.jpg

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  21. hattery

    Pinch, explosion BLOOP, flush!

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  22. BadBoy

    Did you see that TRQ news??? HOLY SHIT!!! I’m in Telluride on a ski trip. Can’t wait to check my account on the mountain tomorrow. Cheers from the Opera house with Ziggy Marley

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  23. blammerss

    Explode like $ONVO and $GILD with the pre-market rippage yeeeee! Go OA! Thanks Jeff!!!

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  24. matt_bear

    anyone taking the URBN trade? Picked up some march 39 calls.

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  25. matt_bear

    LNKD is a fucking tease. how many fridays in a row is it going to do this??

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    • Jolly

      I’ve decided to cease my yolo’s for a while. 95% of them this year have been losers.

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  26. danny1980

    Sold out of Yoku for +100% and not the least bit disappointed.

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  27. danny1980

    GME looks to be basing for a move. Hope it can bust through $39. Two days now it’s rejected.

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  28. danny1980

    J$OB looks ready to go

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  29. danny1980

    $JOB

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  30. twinkies

    hoping this $Z rejection works in our favor.

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    • sandwich

      Just hopped in this trade, looked solid. I went with last week of Mar 96’s (hail mary)

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      • lanforce

        Perhaps you meant EIGHTY sixes ?

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        • sandwich

          Last big move was 18 points, 72 to 90 in just about 3 weeks… I entered the trade looking for a similar move which gives me a price target of 100. Small position with potential return of 800 – 1000% depending if and when pt is reached. – hail mary

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  31. matt_bear

    that was an extreme shakeout attempt. My portfolio was extremely red for a 10-15min period.

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  32. hattery

    Taking GGS stock for the R/R here. It isn’t without it’s warts but sometimes you have to put in the trade for the likely small loss for the occasional big win.

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  33. sandwich

    I liked the look of UNXL today, also no heavy supply until higher 10’s. Picked up Mar 11’s

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  34. sandwich

    Took off OSTK here for +260%… Feel pretty good considering it’s a shit stock

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  35. twinkies

    trying to figure out where to sell rest of my $GOGO March $24’s.

    we might be approaching another leg higher… i was thinking the first hurdle is around $25.50, then $26.75. thoughts?

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  36. yoshii11

    I’m asking for advice: In terms of letting winners run, I know we’ve talked about how you let it run if it puts in a higher high and higher low. What do you do if it does not take out the prior day high, it takes out the prior day low, but it closes above that prior day low? SFUN is a perfect example…IF it were to close at 95 today…I really don’t know if I should be selling or still letting it run. I would appreciate any input.

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    • azulgrana

      As they say brother, you cant go broke taking profits, everyone likes to roll for 500%, but over the long haul of trading, youll take some lumps too…meanwhile, i continue to allow millions of chinese to prep for the world cup with their wbai accounts…

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    • jacked rabbit

      yoshii, it is up to you, but SFUN revisited Wednesday’s EOD pullback around $92.50. It is a lower low from the day before, but it held and reversed on nice volume.

      If you are worried about locking in gains, any breach below $92.50 means that the current up and down trend is probably done.

      Remember what OA said about periods of high volatility – it’s followed by periods of low volatility. It might just trend here back up to those $99 highs, and then back down to that $92. Consolidation.

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    • formergeek

      I’d put a stop under the trendline from the 3/3 low using the higher 3/4 low to draw it. Today’s low basically touched it. Could fall down to $81 and still be in uptrend though.

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      • jacked rabbit

        Good call, geek. My biggest concern is getting out of Mar calls now. My time stop is in on FIO, so I’m selling even though I’m at a bit of a loss, and SODA is not as exuberant as I’d like.

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        • formergeek

          I’ve got a $10 retest for FIO on my radar for a possible longer term holding.

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          • jacked rabbit

            Volume pocket looks great above, but I’m running out of time. You can have $10 if I can get out here – good luck!

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  37. UncleBuccs

    CECO (the next APOL) looks to have digested it’s last move… may be ready for the next leg.

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    • yoshii11

      if it goes, I’d expect DV to do the same, perhaps the group now follows STRA on the flag breakout today.

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  38. sandwich

    TSLA yolo?

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  39. yoshii11

    anybody hitting the COUP button today?

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    • optiontrader

      Hey Yoshii, took some earlier this morning just above 30 and just sold it at 32. wish it had options already but too new so went with some stock. u pick up any?

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  40. DaJuice

    Yoshii, looks like you have bested me in the contest barring a Herculean effort into the close. Congrats!

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  41. yoshii11

    Thanks. Its looking like I caught solar on an off day…but I really do hope solar puts in a nice run this month.

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  42. halloweenpleb

    got out of my GME TOTW action play. Mar 39 calls.

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  43. sandwich

    Sold out of FRAN for a measly double… Looking to roll into Apr though

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  44. lanforce

    March 4th.

    The only day of the year that gives you life instruction.

    My .02

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  45. Jolly

    BOT P April 40 calls

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