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12/23/2011 Intraday Watering

Re: 12/23/2011 Intraday Watering

Postby Me XMan » Fri Dec 23, 2011 4:59 pm

Took me out like a cheap suit...damn it!

Mr. T wrote:Anyone holding for the long weekend?

Santa rally priced in already?

I'm out - thanks for the cash!
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Re: 12/23/2011 Intraday Watering

Postby heavenskrow » Fri Dec 23, 2011 5:00 pm

BullTart wrote:
heavenskrow wrote:bulltart u going to hold TVIX into the close?
Im wishy washy.....


Yes, will hold- the structure terms and skew are pointing to limited downside, so worth the risk, even if SPX goes up like today.

We had a 10+ SPX handle day, and TVIX is up 4.6%.

SPX up, TVIX up. SPX down, TVIX up.

Can't say no to that until it stops working.


true....i just dont like the price action in bonds...for the full TVIX position...so im cutting my risk by half.
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Re: 12/23/2011 Intraday Watering

Postby Anaconda » Fri Dec 23, 2011 5:00 pm

Ouch...Motherf**king Donner and Blitzen! (Santa's reindeer are having their way with me, today. :o )

All I can say is, thank God for those SDS Jan 18 puts I bought at the beginning of the month to take some of the edge off... in case...
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Re: 12/23/2011 Intraday Watering

Postby waverider » Fri Dec 23, 2011 5:01 pm

No bets here, glad I got stopped out on the open. Everyone piles in long, no thanks.

Enjoy your holidays.

Thanks for the insights everyone
Last edited by waverider on Fri Dec 23, 2011 5:03 pm, edited 1 time in total.
"The only way to get a real education in the market is to invest cash, track your trade, and study your mistakes"

-Jesse Livermore
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Re: 12/23/2011 Intraday Watering

Postby Al_Dente » Fri Dec 23, 2011 5:02 pm

chocobee wrote:
Al_Dente wrote:
mozart wrote:
Al_Dente wrote:Note TWO more one minute volume bars, totaling 5 million shares, 2 minutes
Something is about to hit the fan …….IMHO, Kool-Aid, WDIK etc
Looks like buying to me?
OY OY OY (you are good)...The old double top, screw the internals trick, Merry Xmas market....sheeeeeesh
...Dr. Al, you are good! Thanks for warning - I could have lost my shirt :lol: Merry X mas!

Sure I/everybody saw the fan, but internals and moi were absolutely BLOWN AWAY on the DIRECTION
Happy Holidays to u
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Re: 12/23/2011 Intraday Watering

Postby Cobra » Fri Dec 23, 2011 5:03 pm

Well, that's it for today. very strong close. Thank you guys I'll see you the next Tuesday. Merry Christmas and Happy New Year!
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Re: 12/23/2011 Intraday Watering

Postby gabor » Fri Dec 23, 2011 5:03 pm

Cobra, are going to make market outlook tonight?
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Re: 12/23/2011 Intraday Watering

Postby Cobra » Fri Dec 23, 2011 5:08 pm

gabor wrote:Cobra, are going to make market outlook tonight?


Not tonight but sure there'll one in the weekend.

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Re: 12/23/2011 Intraday Watering

Postby BullTart » Fri Dec 23, 2011 5:18 pm

heavenskrow wrote:
BullTart wrote:
heavenskrow wrote:bulltart u going to hold TVIX into the close?
Im wishy washy.....


Yes, will hold- the structure terms and skew are pointing to limited downside, so worth the risk, even if SPX goes up like today.

We had a 10+ SPX handle day, and TVIX is up 4.6%.

SPX up, TVIX up. SPX down, TVIX up.

Can't say no to that until it stops working.


true....i just dont like the price action in bonds...for the full TVIX position...so im cutting my risk by half.


Key part in trading is managing position size, so that is key. I'm also not in "full" mode with TVIX. Waiting for further confirmation before going there.

Merry Xmas peeps!
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Re: 12/23/2011 Intraday Watering

Postby Seawaves » Fri Dec 23, 2011 5:25 pm

Thanks to Cobra and all, Merry Christmas!
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Re: 12/23/2011 Intraday Watering

Postby mozart » Fri Dec 23, 2011 5:30 pm

Merry Christmas and Happy Holiday to all!!!!!
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Re: 12/23/2011 Intraday Watering

Postby chocobee » Fri Dec 23, 2011 5:42 pm

heavenskrow wrote:
BullTart wrote:
heavenskrow wrote:bulltart u going to hold TVIX into the close?
Im wishy washy.....


Yes, will hold- the structure terms and skew are pointing to limited downside, so worth the risk, even if SPX goes up like today.

We had a 10+ SPX handle day, and TVIX is up 4.6%.

SPX up, TVIX up. SPX down, TVIX up.

Can't say no to that until it stops working.


true....i just dont like the price action in bonds...for the full TVIX position...so im cutting my risk by half.


Looks like someone is taking a profit on bonds and buying financials - year end portpolio reallocation/window dressing? Strengh in financias for the last two days has been amazing as well as money flow...
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Re: 12/23/2011 Intraday Watering

Postby proteus46 » Fri Dec 23, 2011 6:04 pm

This is a better link....it may have all of the pages


http://books.google.com/books?id=1eRcta ... ir&f=false
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Re: 12/23/2011 Intraday Watering

Postby jonerica » Sat Dec 24, 2011 3:34 am

I have a cycle turn date 23rd Dec, but could have a spillover high on 27th Dec. In all, my guess is that a high is near and we will generally be weak moving towards 1st week of Jan.

http://timeandspiral.blogspot.com/
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Re: 12/23/2011 Intraday Watering

Postby cougar » Wed Dec 28, 2011 10:25 am

Good morning!
GLD: after a short-lived correction, GLD is back in jail, doing time under the Acceleration Band, on daily and under MAW(55) on 60 min.
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Re: 12/23/2011 Intraday Watering

Postby cougar » Wed Dec 28, 2011 10:26 am

RIGHT NOW: watch the US$ going up!!!!
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Re: 12/23/2011 Intraday Watering

Postby cougar » Wed Dec 28, 2011 10:27 am

...and gold down....
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Re: 12/23/2011 Intraday Watering

Postby noob » Thu Dec 29, 2011 12:20 pm

Cobra wrote:DAX looks toppy. No one cares?


Doesn't look toppy to me, looks like at the tip of a symmetric triangle. Like gold was 2 weeks ago.
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