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Senor senorSB73 wrote:Senor Al, Way to sit on your hands with VXX...not sure if she is basing yet, but I definitely don't see a breakout.
Dr,Al_Dente wrote:Senor senorSB73 wrote:Senor Al, Way to sit on your hands with VXX...not sure if she is basing yet, but I definitely don't see a breakout.
we be late....FINE w me
Tart is busy
Here’s my best GUESS (find me better???? Please???)
Play with time scale, pan, tr lines, etc etc
http://www.forexpros.com/indices/us-spx ... nced-chart
[edit: http://www.youtube.com/watch?v=WHVpbP3w ... re=related
1357.91 is a very important level that is 38.2% of wave1+wave3. If this is broken, we level up to 1364.27 which is 50% and finally if for some crazy reason that didn't do it, we level up to the final bus stop which is 1370.62 which is 61.8% of wave1+wave3. If 1370.62 don't do it, I blame Ben Bernanke for scamming me, hehe...tigerwang9999 wrote:btran874, could you please kinely let me know what you mean? are we top now already?
As best I can tell, we have never done so from an extended set up - we have broken out after being down significantly prior to opex - best recent example that I could find was July 2008 - but we had been down relentlessly prior to that opex and bottomed on the Tuesday of opex and took off for a few more weeks....lcgllc wrote:i cant ever remember a time when we broke out on an expiration day, i remember some recent fails, but not breakouts
Sorry, my charts are not as sophisticated as everyone's here, but yes, $5.40 or better on them. Think of the company as a very young Genzyme.stucap wrote:Pharmboy wrote:SGEN (I posted here after earnings), IMGN, CRIS, ARIA, and YMI holding up well.
PLX - time to get in on them with the stock offering IMHO (I own them and have for a while).
@ 5.40?
If I remember correctly, if we finish at HoD, aren't the odds better we gap down?Petsamo wrote:If we finish at the highs, who's gonna short overnight ?
I trade based on this. 25% at 1357, 25% at 1364.27 and 50% at 1370.62. There's another level 78.6% not visible on the chart which stands at 1379 and I will have to use margin if it gets there. Beyond that, go take a vacation and lick my wounds.tigerwang9999 wrote:btran874, do you consider 1360 as decisively broke if it can make 1360 instead of 1364?