iBankCoin
I turn dials and fiddle with knobs to hone in on harmonic rotations
Joined Oct 26, 2011
3,464 Blog Posts

Open Outside of Value

The indices experienced some selling early the morning and quickly reached oversold levels which are now in the process of working off as the United States wakes up.

Since our Sunday globex open, the S&P futures have been trading mostly flat in a very balanced and evenly distributed manner.  This makes it difficult to envision any specific scenarios for today because all of the distributions are complete.  Therefore we must focus our attention on the bracket extremes to gauge whether the market is coming out of balance and by which parties hand.

We are currently prices to open outside of yesterday’s value, but still within yesterday’s range.  If the sellers can reject our value area from yesterday, we may see acceptance lower which would suggest a change in conditions from this current bull brigade, a subtle shift we should be aware of should it occur.

I have highlighted key price levels on the following market profile charts as well as displayed the very balanced trade occurring on a 24 hour profile view:

ES_MarketProfile_11122013

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18 comments

  1. Sooz

    Looks like I wont be winning stock pick of the year award 2013..No..No I won’t!

    6wks left…OOoh it’s ugly this morning!
    yes, I still hold core scoop from this past summer but must add that SRPT was my best stock performer in 2012 and I’ve locked in plenty of profit so far this year. Not that I’m trying to justify this (-50%) slash in stock price. (well..maybe slightly..hmm?)
    A stop loss on that position would have been useless given this gap down when market opens.
    I’ll follow in a bit..but have yet to read into this..

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    • Sooz

      and yes..
      Chess, position size is key here.
      (referring to weekend post)

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      • Sooz

        this is the value of my position before market open..
        $22,439.22

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        • Sooz

          and so..
          Status Filled at $15.17
          Symbol SRPT
          Description SAREPTA THERAPEUTICSINC COM
          Action Buy
          Order Date 11/12/2013, 09:32:57 AM ET

          now lets get back to tango..
          😉

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  2. Sooz

    nice win for Da Bears

    Shares Outstanding 33,528,000
    Shares Short* 10,371,554
    Short Interest as a % of
    Shares Outstanding*
    30.93%

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  3. Sooz

    AWww thanks, Sir Raul..
    that’s is very kind
    I was in it at 3.00(after reverse split) back in 2011..and road it all the way up going into 2012..
    trading around core a bagillion times.
    I just road it up (+80%) not so long ago off 30 and pennies. posting entry/exit here on these pages.
    Sh!tskies..I have no complaints this stock has been really good to me, really.
    although, today’s big dipper is certainly a nasty one. Nature of the beast and why so many stay away from them.
    But when they are good..they are OOooh So Good..
    😉

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  4. Sooz

    oops..* scratch that ‘is’ there.

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  5. Sooz

    serious bloodletting…
    i really want to dbl my position here (?)
    add/filled at $13.17

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  6. Sooz

    Perfect new tune here…turn it up ((LOUD))..
    they sound the same as the did 20+years ago.

    http://youtu.be/qQXP6TDtW0w

    enjoy your evening , all you beautiful people.

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    • Sooz

      hard to keep my eye lids open today.
      (shhhh…don’t tell a soul)

      yes..I more than dbl my position Filled at $12.1699
      Order Date 11/13/2013, 10:07:42 AM ET
      just getting the chance here to post.
      sorry about that.
      pushing cost avg down into teens..
      pretty crazy..yes sireeee

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  7. Sooz

    sweet move in AEZS here..
    which I will take.

    remain long a portion last ins scooped here:
    11/08/2013 YOU BOUGHT
    AEZS AETERNA ZENTARIS INC COM NPV ISIN #CA00
    Cash Shares: +*.000 Price: $1.33

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  8. Sooz

    Status Filled at $1.60
    Symbol AEZS
    Description AETERNA ZENTARIS INCCOM NPV ISIN #CA0079753038 SEDOL #B6QQ5W0
    Action Sell

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  9. Sooz

    and this here scoop ,too..
    11/07/2013 YOU BOUGHT
    CGIX CANCER GENETICS INC COM USD0.0001
    Cash Shares: +*.000 Price: $11.30

    Status Filled at $13.80
    Symbol CGIX
    Description CANCER GENETICS INC COM USD0.0001
    Action Sell

    remain long portion

    now I’m off to rake some leaves..
    yep..
    Have a great afternoon, Sir Raul.
    😉

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  10. Sooz

    so ‘Got Damned’ (the fly)beautiful..

    will be taking more profits on those scoops from a week ago(Thurs. and Fri.)
    (+38.25%) and(+27.83%)..respectfully

    Life is GOOD, Sir Raul..
    ;))

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  11. Sooz

    here actual trades :
    Status Filled at $1.71
    Symbol AEZS
    Description AETERNA ZENTARIS INCCOM NPV ISIN #CA0079753038 SEDOL #B6QQ5W0
    Action Sell
    (+28.57%)profit
    and here:

    Status Filled at $16.2301
    Symbol CGIX
    Description CANCER GENETICS INC COM USD0.0001
    Action Sell
    (+42.38%)

    and yes..I still remain long at above posted entries..

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  12. Sooz

    keep an eye on:
    CYTORI THERAPEUTICS INC COM
    and
    STAR SCIENTIFIC INC
    both have come in off their last runs.
    after profit taking..
    I do hold core postion CYTX at $2.14 from 10/08/2013
    and core STSI at $1.17 from 05/01/2013

    just cost avg up on my STSI position a few days ago..at $1.47

    biotech risk..

    have traded around all of these for a very long time.

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  13. Sooz

    adding back share of InterDigital
    (partial fill so far)

    Status Partially Filled
    Symbol IDCC
    Description INTERDIGITAL INC PA
    Action Buy
    at $32.63

    I need to get back outdoors and tend to leaf removal. A HUGE job around this joint! We have a much warmer day today and in forecast for tomorrow which makes it much easier.

    Have a great weekend, all you Beautiful People.

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