09/22/2011 Intraday Watering

[Richarab]

can anyone keep me updated on realtime data for ZB chart??? Let me know when it gets to 146.2 area..... so i can start selling my bonds

looks like it could be there in t-minus 5 minutes - 146.17 was high a moment ago

[hdenandy]

And doubled up at 10636.

Dead cat please.

[heavenskrow]

can anyone keep me updated on realtime data for ZB chart??? Let me know when it gets to 146.2 area..... so i can start selling my bonds

looks like it could be there in t-minus 5 minutes - 146.17 was high a moment ago

hmm thanks, maybe i should not be greedy and take profits then......

[Richarab]

can anyone keep me updated on realtime data for ZB chart??? Let me know when it gets to 146.2 area..... so i can start selling my bonds

looks like it could be there in t-minus 5 minutes - 146.17 was high a moment ago

hmm thanks, maybe i should not be greedy and take profits then......

maybe so
it looks a little spikey - and that is coming from a TVIX trader

[jarbo456]

i held all 50 of my SPY puts...and just exited. think we may have overshot the 1120 support, and, at the least, we'll have some decent consolidation i imagine. but i could be wrong. i'm done for the day...good luck to everyone else.

[RaniIZking]

I don't know who it was that blogged yesterday they saw a ghost bar on IWM yesterday at 56+, but I bought an option on a IWM 54 P, saved my bad calls today.

Thanks!

Question is.... where is bottom. I'm so new at this, I never know when to sell. I don't mind leaving some crumbs on the table, but I end up leaving most of the pie.

Example? I bought TZA for $40.80 a few trading days back, sold it for $44.50... its trading at nearly $56.00 now!

[uempel]

cycle low hitting in one min or so...going long here

Pls show cycle...

[jaijailyc]

took another 1/3 off.. will most likely hold the remaining 1/3 short position overnight

[thanos]

640 is area of support on RUT. If we break that then we go to 625. Should bounce on the first attempt at support...but who knows.

[heavenskrow]

Okay target is reached....now time to take profits...
If I miss out on the rest of the 30 year treasuries rally....Ill be crying but must follow rules.

[KENA]

Could not resist ..Covered all shorts..Now wait and see what to do.

[uempel]

cycle low hitting in one min or so...going long here

Pls show cycle...

Presume you mean the red cycle, I'm betting on blue.

[Richarab]

zb hangin at 146.05...

[BullTart]

by heavenskrow » Thu Sep 22, 2011 1:56 pm

congrats to the guy who held TVIX

Thanks heavenskrow.

I was all in TVIX as of last Friday, after accumulating all throughout last week.

Made no trades after that until this morning when I finally cashed all in.

As I've been repeating, 10/80 weekly SMA is my guiding light. Direction is clear. But it won't be a straight line down. Took profits and stayed within the rules without getting to greedy here. Will re-assess based on market action the rest of this week.

[frankthetank]

rally time

[heavenskrow]

TLT channel breakout, if it falls back in watch out!

[AK84]

Cobra

down day tomorrow?

[jarbo456]

good call on those that took profits in the past 10 minutes.

[q2model]

SPX is currently down 3.6% following yesterday’s -2.94% performance. The last time the market saw two consecutive 2.5% or worse down moves was in Nov2008. Looking back to 2001, the last time we saw 3 consecutive days with these moves was in July2002 with 4 days in a row of -2.5% or more moves. Since then, there have been 6 other instances of 2 days in a row, all of which were in 2008 – in all but one of these instances (which happens to be the furthest back), SPX was up the 3rd day by an average 3.5% (excluding the 1 down time, average is 4.4%). In one of the instances, the 3rd day’s move was even enough to erase the prior 2-day loss – data below.


SPX Performance
Date Day1 Perf (%) Day2 Perf (%) Day3 Perf (%)
11/19 - 11/20/08 -6.12 -6.71 6.32
11/14 - 11/17/08 -4.17 -2.58 0.98
11/5 - 11/6/08 -5.27 -5.03 2.89
10/24 - 10/27/08 -3.45 -3.18 10.79
10/22 - 10/23/08 -3.08 -6.1 1.26
10/6 - 10/7/08 -3.85 -5.74 -1.13

[Petsamo]

Oh man, are we rallying?