ClarkW
Posts: 1325 Joined: Wed Aug 10, 2011 11:28 am
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by ClarkW » Wed Dec 14, 2011 4:51 pm
TVIX's big move down preceeded SPY's move on the 5 min. Made a little profit on my TVIX hedge today but sold 30 minutes ago. Hope to have a little follow thru, holding some SSO overnight
Me XMan
Posts: 2014 Joined: Thu Feb 17, 2011 12:01 pm
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by Me XMan » Wed Dec 14, 2011 4:51 pm
Great. Now my longs are in danger...SSSAAAANNNNNNTTTTTTAAAAAA!!!
Cobra wrote: seems a strong close we'll have. bears still dare not to hold overnight which is not good for bulls.
SB73
Posts: 1265 Joined: Wed Sep 14, 2011 12:20 pm
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by SB73 » Wed Dec 14, 2011 4:51 pm
Have you guys ever seen a late day kick save? I will trust it after I see capitulation.
waverider
Posts: 863 Joined: Thu Aug 18, 2011 4:24 pm
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by waverider » Wed Dec 14, 2011 4:52 pm
waverider wrote: bac.png
jarbo456 wrote: amzn daily candle looks as bullish as it gets no?
Good call looks like massive volume on AMZN too, could be a bottom or quite close.
"The only way to get a real education in the market is to invest cash, track your trade, and study your mistakes"
-Jesse Livermore
Al_Dente
Posts: 28535 Joined: Thu Jul 21, 2011 2:29 pm
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by Al_Dente » Wed Dec 14, 2011 4:52 pm
Auole wrote: Just Trading - On Cobra's homepage see on right his list of linky reads. The one from Corey Rosenbloom -Afraid to Trade.com has a very deep (for me) analysis of this dome S&P correction. Bases a lot on $Tick and $DVOL . He and others here helped me stay this course for my shorts.
Auole I liked yr gold chart
, and I’ve followed Corey Rosenblum for years. Now that he’s famous, he only posts infrequently
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Cobra
Site Admin
Posts: 58344 Joined: Sat Feb 12, 2011 10:29 pm
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by Cobra » Wed Dec 14, 2011 4:52 pm
janez wrote: TVIX drops pretty fast, but spy has not upped much. how come?
I gave up TVIX on the 1st trading on it today as I cannot use VIX chart to trade on it. Without a chart, it's like I'm blindfolded.
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BullBear52x
Posts: 29516 Joined: Tue Feb 22, 2011 3:47 pm
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by BullBear52x » Wed Dec 14, 2011 4:52 pm
My comments are for entertainment/educational purpose only. NOT a trade advice.
newbie_77
Posts: 300 Joined: Fri Jul 29, 2011 1:47 pm
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by newbie_77 » Wed Dec 14, 2011 4:53 pm
u went long
... when ?
Me XMan wrote: Not greedy and covered shorts.
Holding longs overnight for gap-up tomorrow.
Me XMan
Posts: 2014 Joined: Thu Feb 17, 2011 12:01 pm
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by Me XMan » Wed Dec 14, 2011 4:55 pm
Covered $121.75
Gone long $121.85
I FEEL NAKED W/O SHORTS
newbie_77 wrote: u went long
... when ?
Me XMan wrote: Not greedy and covered shorts.
Holding longs overnight for gap-up tomorrow.
Last edited by
Me XMan on Wed Dec 14, 2011 4:56 pm, edited 1 time in total.
Cobra
Site Admin
Posts: 58344 Joined: Sat Feb 12, 2011 10:29 pm
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by Cobra » Wed Dec 14, 2011 4:57 pm
well, guess that's it for today. not good for bulls as I've explained the bigger picture. Thank you guys, I'll see you tomorrow.
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giggleeyes
Posts: 27 Joined: Mon Dec 12, 2011 4:07 pm
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by giggleeyes » Wed Dec 14, 2011 4:57 pm
Cobra wrote: seems a strong close we'll have. bears still dare not to hold overnight which is not good for bulls.
Hi Cobra,
I'm a new member. Can you please explain a little why bears dare not to hold overnight is not good for bulls?
Thank you very much!
SB73
Posts: 1265 Joined: Wed Sep 14, 2011 12:20 pm
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by SB73 » Wed Dec 14, 2011 4:59 pm
giggleeyes wrote: Cobra wrote: seems a strong close we'll have. bears still dare not to hold overnight which is not good for bulls.
Hi Cobra,
I'm a new member. Can you please explain a little why bears dare not to hold overnight is not good for bulls?
Thank you very much!
Not to take Cobra's thunder, but it takes out a lot of potential short covering (buying) since they have already closed their positions.
Me XMan
Posts: 2014 Joined: Thu Feb 17, 2011 12:01 pm
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by Me XMan » Wed Dec 14, 2011 5:00 pm
Cobra. You're SANTA spoiler...
Cobra wrote: well, guess that's it for today. not good for bulls as I've explained the bigger picture. Thank you guys, I'll see you tomorrow.
BullBear52x
Posts: 29516 Joined: Tue Feb 22, 2011 3:47 pm
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by BullBear52x » Wed Dec 14, 2011 5:01 pm
You will always see me as a bear, I am bull today.
You see buy on the internals, my version of course.
Thanks Cobra and everyone, another fun day here .GLTA
My comments are for entertainment/educational purpose only. NOT a trade advice.
jimme
Posts: 231 Joined: Sat Nov 05, 2011 9:45 pm
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by jimme » Wed Dec 14, 2011 5:02 pm
Did not sell SDS. Will try tomorrow at a lower price. Will look to buy GLD also. jimme GLTA
A lower SPY price. Yogi Berra once said Nobody goes there anymore, cause it's too crowded.
Last edited by
jimme on Wed Dec 14, 2011 5:06 pm, edited 1 time in total.
BullBear52x
Posts: 29516 Joined: Tue Feb 22, 2011 3:47 pm
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by BullBear52x » Wed Dec 14, 2011 5:03 pm
Me XMan wrote: Great. Now my longs are in danger...SSSAAAANNNNNNTTTTTTAAAAAA!!!
Cobra wrote: seems a strong close we'll have. bears still dare not to hold overnight which is not good for bulls.
You will make money tomorrow, or I will lose money with you
My comments are for entertainment/educational purpose only. NOT a trade advice.
CognitiveDissonance
Posts: 430 Joined: Mon Aug 29, 2011 9:24 am
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by CognitiveDissonance » Wed Dec 14, 2011 5:03 pm
BullBear52x wrote: Me XMan wrote: Great. Now my longs are in danger...SSSAAAANNNNNNTTTTTTAAAAAA!!!
Cobra wrote: seems a strong close we'll have. bears still dare not to hold overnight which is not good for bulls.
You will make money tomorrow, or I will lose money with you
same here
@cognitivebias1
Me XMan
Posts: 2014 Joined: Thu Feb 17, 2011 12:01 pm
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by Me XMan » Wed Dec 14, 2011 5:04 pm
Great trading day.
Me XMan
Posts: 2014 Joined: Thu Feb 17, 2011 12:01 pm
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by Me XMan » Wed Dec 14, 2011 5:05 pm
Don't hold SDS SSO too long. They have too much time decay.
jimme wrote: Did not sell SDS. Will try tomorrow at a lower price. Will look to buy GLD also. jimme GLTA