© Copyright 2007-2024 iBankCoin All rights reserved under penalty of bodily harm. DISCLAIMER: This is a personal web site, reflecting the opinions of its author(s). It is not a production of my employer, and it is unaffiliated with any FINRA broker/dealer. Statements on this site do not represent the views or policies of anyone other than myself. The information on this site is provided for discussion purposes only, and are not investing recommendations. Under no circumstances does this information represent a recommendation to buy or sell securities. DATA INFORMATION IS PROVIDED TO THE USERS "AS IS." NEITHER iBankCoin, NOR ITS AFFILIATES, NOR ANY THIRD PARTY DATA PROVIDER MAKE ANY EXPRESS OR IMPLIED WARRANTIES OF ANY KIND REGARDING THE DATA INFORMATION, INCLUDING, WITHOUT LIMITATION, ANY WARRANTY OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE. Privacy Policy
FDA approval for CTIC
http://finance.yahoo.com/news/FDA-Accepts-to-File-Cell-prnews-2877889483.html?x=0&.v=1
only up 6% for such news in PM
I’m guessing most expected this approval….worth watching closely this am.
letting go w/e hold AMD 3.95 … sold 1/2 HBAN, full C 4.73, 4.89
sold 1/2 LEAP dead cat candidate fm fri at open 16.31
will prob cut loose rest if it begins trading under 16
will look to buy lower
watching out for WCRX
just announced they are buying P&G pharma biz for $3B.
holy shit, spiked twice eh?
u in?
no man.. just gonna watch… old resistance at 20.02.
now i’m in.
k, i’m out
ARIA looks strong
Looks like ES will open with a gap above Friday’s high, 1027. First 5 minutes will tell me whether to buy the breakaway or fade the retracement.
Bot 1028.5
Sold 1032 +3.5
Bot 1031
Sold 1029.75 -1.25; +2.25 Day
TQNT
Bought some LBTYA this morning at 22.41
Bought $XRM 1.22
Bought $PNX 2.30
Sold $CTIC $1.75
Bought $ARIA 2.30
If $CNXT can clear 1.44 we have ourself a nice breakout! Watching…
i’m in on this. looks great. almost ready
jazz 6.33
I believe market is starting to shift… we opened above Bollinger Bands (20day) for the first time since June 1st and another time in Late May. We probably cant crack above 1040-1045 before having a correction back to 980-990.
I’ll be in and out for the next 3 months, as i have a string of vacations FINALLY starting up. I should be working most weeks, but only 3 days a week and then vacations on the weekends. Except when i go to Canada and Cancun for a week.
First, time i’m starting to see positive news articles on websites such as CNBC. In prior weeks when i had been bullish the comments and articles were calling for corrections. Now i see the articles all saying “Pros: See 5-10% rally from here”.
Market is set up to hurt the most people at any one time.
Thanks for the headsup PA. hope you have a great holiday.
Sold $PNX 2.27
Bought $CNXT 1.44
Sold $ARIA 2.26
Sold $XRM 1.23
Doubled $CNXT 2.44
Low volume flag; Bot ES 1032
Very high volume top (exhaustion?) Sold 1033.25 +1.25
Bought $CNXT 2.44
sold 1/3 CNXT @2.60 to give me a normal sized position (went bigger than usual at $2.44)
VM b/o
Bought $FNM 1.44
Bought $FRE 1.1.93/94
Bought $PACR 4.19
Sold half $CNXT 2.58
Bought $ABK 1.199
Sold 1/4 $CNXT 2.56
Sold half $FRE 2.07
Bought $SPF 4.21
Sold half $PACR 4.35
Sold other half $FRE 2.03
Sold 1/4 $PACR 4.32
Sold last 1/4 $PACR 4.24
Bought $TRMA @ 6.79
Sold 1/2 $ABK 1.21
Bought $COIN 1.289
Sold $SPF 4.21
bot 1/2 DPTR 1.98 … looking for fake b/o fakeout, iow real b/o
added another 1/4 DPTR 2.02
needs more vol though
sold 1/2 CNXT 2.66, bought 2.44 on real time ChartAddict alert .. grazi 8) … fuck your got-no-leg-to-stand-on, got nothing-better-to-do, detractors
sold more CNXT 2.7 … 1/3 remaining
sold final 2.66
Bought $STSI 1.129
followed 1.15, while you’re hot …. well, you are often hot
Bought $WCRX 20.22
Sold $COIN 1.29
re-bought $FRE 2.24
Sold $WCRX 20.17
Final 1/4 sold $CNXT 2.66
Sold $FRE 2.29/frac
Bought $CYTR 1.02
Sold $STSI 1.12
re-in $FRE 2.34
Out $FRE 2.29
I’m using a 1.05-06 stop on STSI … vol was superb, so looking for follow thru, if no, I’m outta here
Well looks like my time is up for the day. Oh well, ES is slowing down pretty substantially. Still testing the 1034 highs, I’d be surprised if we weren’t 1036+ by the close today judging by how we’ve been going so far.
+4 for the day. Will post chart later. Fair winds and following seas. (that means good luck)
sold 1/3 CNXT $2.68
sold remaining $2.60
sold $TRMA 6.89
Sold 1/4 $ABK 1.32
Bought $PMI 3.119
Sold final 1/4 $ABK 1.30
Sold $CYTR $0.99/fracs
in ACAD
Do you buy any long term or swing stock today, CA????
Bought $PNX 2.369
Sold $PMI 3.15
Sold half $PNX 2.42
what you think of AHR??
u r a beast CA …
AHR penny play .8296
Sold other half $PNX 2.37/frac
Out of my spec AHR .805 loser
Look at natural gas prices dating back to 1992 – we’re now at the support level of a mult-decade trend line.
I so want this for long term – anybody know about a MACI style contract for nat gas??
Bought $FEED 4.4399
Bought $COIN 1.34
Sold 1/2 $FEED 5.54
Sold 1/2 $COIN 1.37
Sold other halves $FEED 5.50, $COIN 1.37
Finally… long FEED 4.45
Out 4.55
gte
closing nat gas position at 2.907 – averaged in at 2.896
+11 very hard earned ticks.
Going off the radar now. Good luck peoples
Opinions on STEC? Love the chart.
What happened to CTIC? lol
yeah the wait for the news..get rich strategy-didnt quite play out so simply..
No idea man, but I just got stopped the fuck out of it. Damn.
WTF? why were you still in the name? CA is out of it, and what were the technicals saying to you??? Definitely not to hold it…. i guess “hope” got the best of you.
Yeah Grouch, why all the negativity??? You were smart enough to get out right, or maybe you just didn’t trade at all…
why so much anger – so his trade didn’t work – why would that piss YOU off?
Cash & Guns – I don’t even want to get into your fucked up trades:
The first one that come to mind is:
“Cash-N-Guns says:
August 18, 2009 at 3:18 pm
distribution day…either you sell into it, or short…buying…hahahahahhhhhhhhhhhhhhhhhhhhaaaa…no.”
If memory serves – we were about 40 points lower and we have not looked back…
Well, if you actually took your trade, at least you still have your guns.
My trade worked.
The Chart Addict says:
August 24, 2009 at 9:53 am (Edit)
Sold $CTIC $1.75
your trades always work… was talking about anger directed to the others…
what are talking about bitch..i sold it friday…small profit..didnt bother me at all..I do have other losses to worry about..fuck off.
40 points..OK Retox…watch that evaporate…see ya in few days…
I’m not saying we won’t see a small reversal – just because I was bullish last Monday does not mean I’m bullish now – to the contrary, I’m looking for a retrace back toward 1017 at least. We’ll see where it goes from there and I’ll probably be buying the dip again.
Just saying it was the wrong call at the time. Frankly, I don’t care when others are wrong and there’s no reason to get all Bon Que Que about it.
dude…thats my point..i wasnt pissed at all about CTIC..i was out..i am pissed about some of my shorts though,,,!! good trading mate..lets all make $$..
those shorts just might be okay – but then again, I’m all full of cold medicine and snot so who knows.
The Euro definitely called a reversal on the SPX – at least for today.
Bought XLY Sept $28 puts for $1.90… want a slightly bearish direction, however, dont want to short the leaders of this market.
Building $AIG short for overnight
Like AIG, WFC is also hitting trendline resistance. Any idea?
*SUNTRUST’S WELLS SAYS BANKS NOT IMPROVING `IN VERY NEAR FUTURE’
*WELLS SAYS COMMERCIAL REAL ESTATE MAY DETERIORATE FURTHER
*WELLS SAYS SUNTRUST WILL REPAY TARP `AS SOON AS POSSIBLE’
*WELLS SAYS `LONG WAY FROM VICTORY,’ CREDIT LOSSES `CONTINUING’
*SUNTRUST’S WELLS SAYS BANKS NOT IMPROVING `IN VERY NEAR FUTURE’
reasons why we’re moving lower in case anyone missed it
thanks…did see that…already short and down…not adding till i see some daylight.
Euro testing support – watching for a move a move below 1.4308 to turn into a test of 1.4300. If this level gives up with some volume, we should be back to the 1.4230-1.4250 range.
There is a lot of support here though – not yet ready to go short…
to the minute – broke 1.4308 and went straight for 1.4300 – cautiously scaling in short Euro
1st sell 1.4306 – watching for sideways movement and/or an attempt to recover to add more on strength
Euro continued down so I didn’t get to build as much of a position as I wanted but 1.4276 is the first target to cover half. 1.4252 is the target to cover the rest.
A move back above 1.4300 with volume and/or a strong move up on the SPX will probably make me cover now instead of scale in
Euro again predicted (by 10 minutes) the 3pm bump down in the SPX – moved my 1st target and covered half at 1.4286 to lock some profits for safety into the close.
+20 pips
broke the channel – covered the rest 1.4293. may get short at the close.
+13 pips
a close under 1.4311 and it would almost be a given that we would retest 1.4285 area overnight.
BCRX …. to the moon Alice!
NVAX
INO
CVM
long ideas
acad runnin’
WHat is going on with HEB?!? Up $.30 out of no where!
All the bullcrap swine flu stocks are hot all of a sudden. Big runs all over the place.
AGEN needs to catch up w/ HEB
AGEN has nothing to do with Swine flu
and neither do i… they do trade together however.
jazz looks interesting for another break…
AIG late day swoon…? yes I am begging,..!
small position in FAZ
BCRX!
attach a taser to maria fatiromo so she looks like a bloated crack squirrel with seizures..
SVA overnight
Overnights: $NVAX, $BCRX, $HEB, $SVA, $VICL, short $AIG
perhaps some INO as well…?
Long CNO, BCRX overnight.
Hedging with TZA and DTO
Out of PNX @ $2.40 (bot @ 1.96)
Added ARNA into the close @ $4.52 on surging volume (Biotech hot again!)
Just to clarify earlier, I saw some squabble after my comment on CTIC.
I should’ve sold right along with CA @ $1.75, I held and got caught trying to help my mom on the phone, then got stopped out @ 1.60 on that dip.
Totally my fault. Got to stay on my toes though, amazing how fast this stuff can move. I was bummed when it jumped right back up to 1.68 10 minutes later!!!
So you were on the phone with your mom for 2 hours? and couldnt hit the sell button on your computer…. might as well take your money to Vegas
Is your AIG short just a hunch? I’ve been reading all of your education posts and don’t see the short setup in the charts, looks like the thing is just going straightup…
With your expertise, is there another angle that you’re looking at??? I’m just a little new, and a little confused.
Thanks!
HAHAHAH…
Cramer just shitted on C, FNM, FRE, and SIRI….
what did the ahole say about them
Crushed with work – missing hanging out here – looks like CA and some of my favorite co-minions are kicking ass (I really miss being a regular co-minion).
I’ve cleaned house, being about 65% cash, and only holding HLCS (way too much and still underwater a few percent), DVAX, STAR, and double positions in FAZ and TZA purchased at noon today – very lucky on that.
My tactical game is pretty cheezy given my bitchin work schedule day and night, and I still want to play – make an ultra ETF decision, set a stop, and return an email or phone call (and sneak a look at iBC).
I’m not Josh dogging here (stuck on stupid), getting philosophical, or trying to think too much – just it’s been a sweet nasty runup in the banks and much other crapola – AIG at $33 and HBAN whithering…lets just see AIG get crushed, have a little pullback and get back to average crazy.