While I await market resolution, here’s another look at $BOX from last night.
Apparently, you rip the stock out above a range, sell it all the way back down underneath it, then buy it back to the middle.
Lovely market we have here.
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Tomfoolery at its finest.
lol
See rant on oil from comments on prior blog entry. !!!!!!!!!!!!!
and it seems to happen over and over and over again. I seem to remember NMBL and AWAY play similar games last year. ZU too if my memory serves me correct.
Rise of the Machines
***Shemitah***
Damn, you’re right. I made a mental note last month and completely forgot, shoot!
http://www1.cbn.com/cbnnews/insideisrael/2015/September/Seven-Year-Cycle-Ends-as-Fourth-Blood-Moon-Appears/
Pretty darn hard to leg into a position, long or short.
natty have a nice day, I’m looking for a gap up Sunday night to sell into, but if it gaps down I will hold on to it.
didn’t get a pop to buy index puts today, but i am hoping for a gap up Monday to load up on them
this market is determined to get rid of all the weak hands. There’s a cleanse happening.
2 year cleanse. I have soo much data and stats behind that.
yeah, you can feel it just shaking people out. The question is which way does it resolve, either way you will be left with a lot less players.
VRX holding strong…as are many biotech names
I’m not interested in VRX until it hits 65
What does that mean? Two years of misery?
2014 and 2015 were just that for many people.
Hard not to like some of the prices down here…
You might like them better in Monday
Calling for downside on Monday?
Jeff Saut always likes to say Not on a Friday. Maybe early next week? I need a beer.
Or maybe its Never on a Friday.
Saut called this perfectly.
yeh big plunge. That’s your go sign to buy i guess. I called for a plunge today to but got no kudos for that. So if i’m wrong, ehhh…
You called a big plunge? Where?
Why is that pic of Ellen on the front page?… j/k. OA – I couldn’t stand it. Took the wet ball of yarn trade just now. You can go into the weekend knowing God and UB are on your side…
LOL I just connected that.
Have to be a diligent reader… Have a great weekend, man!!
Love the Ellen reference. Lol . We both have that in common. We both like $BOX
decided to close natty after all. Its the smart move even though I still think it gaps up.
IWM, China, crude crushed this week. Bio seems to be the one sector that has somewhat held up. go figure.
back 2 back days closing at the lows. this has the feel of late august crash again. oh my.
Looks like I’ll get my weekly close under 42/barrel. Now I have to be concerned with … false breakdown!
No really. The long bond TLT was setup nicely with an inverse H & S pattern in Sept. Even closed below 2.10 on the 10yr & 2.85 on the 30 yr on a weekly close to confirm.
Negated the following Monday I believe as the market began anticipation of higher rates.
So almost in the clear for a waterfall.
waterfall to what? You don’t call this week a waterfall?
Lol, great pic
dam, Bear market rallies are the most epic. These cnbc pundits will be chanting that all weekend. They got it right so far.
well, I grabbed a little XIV today so that’s… something.
I’m thinking I’ll grab some AAPL on Monday.
Stuck to the game plan today, couple losers. NDX and SPY filled their gaps. Wouldn’t mind a gap down on Monday, Have a few more levels I’d like to give a whirl.
We will surely get a gap down. No more range bound going back to the middle. Going back to the bottom
One time I actually agree with you. The roadmap will need to be redrawn.
Look @ 2011 for a roadmap