03/30/2012 Live Update

[Cobra]

I really hope this is a typical breakout pullback to test the breakout point before going up further.

[Cobra]

today's story is TLT. Measured target roughly as shown by tinted area. in reality you cannot do the measured target on a log chart though, I just do this to save time.

[Richarab]

natural gas? how about now?

[snakehead]

OT: major cleavage on CNBS (Auzzie chick). Now.
Is there a "cleavage indicator".

[soku]

is there chance es is drawing a big M?

[Richarab]

is there chance es is drawing a big M?

is there a chance natural gas will soon be free?

[Al_Dente]

No bot participation here (blue circle)
Tiny little/no important ticks at + 600 or - 600
WHO IS BUYING? (circle one; maximum two)
a) big bulls
b) folks who are selling their bonds/buying stock
c) wuss bears short covering

[TraderGirl]

OT: major cleavage on CNBS (Auzzie chick). Now.
Is there a "cleavage indicator".

Classy....

[proteus46]

natural gas? how about now?

Seriously, how low can natural gas go ???

[soku]

is there chance es is drawing a big M?

is there a chance natural gas will soon be free?

i think gas shd be negative. by burning it, i help mr president patch the unemployment crap. it's time he returns the favor

[rightonmoney]

is there chance es is drawing a big M?

is there a chance natural gas will soon be free?

It is summer time. what do u expect? -50 degree and all the people in the world have to turn on the heat?

Wake up! DO NOT GAMBLING!

[jarbo456]

natural gas? how about now?

Seriously, how low can natural gas go ???

1.61

[gvg]

Cobra - regarding AAPL, I am learning charting so have no idea what happens next. I see your chart on normal reversals but I am holding short April $625 calls and am a little worried. Any suggestions?

I guess you are experienced trader, as shorting the calls is very risky, i would rather buy puts and pay the premium. with puts at least there is a max cap on how much i would lose

[soku]

is there chance es is drawing a big M?

M head will be off if es can take out the overnight high. even tho, considering it is 3:00 friday, i will not chase it.

[jarbo456]

Cobra - regarding AAPL, I am learning charting so have no idea what happens next. I see your chart on normal reversals but I am holding short April $625 calls and am a little worried. Any suggestions?

I guess you are experienced trader, as shorting the calls is very risky, i would rather buy puts and pay the premium. with puts at least there is a max cap on how much i would lose

i like being short the $625 calls, but you better have a good stop in place where you're willing and ready to bail on them.

you have a good amount of theta decay on your side - and the market direction seems to be in your favor, but watch your vega - it can come back to bite you in the ass, especially if vega premium picks up.

[soku]

Cobra - regarding AAPL, I am learning charting so have no idea what happens next. I see your chart on normal reversals but I am holding short April $625 calls and am a little worried. Any suggestions?

I guess you are experienced trader, as shorting the calls is very risky, i would rather buy puts and pay the premium. with puts at least there is a max cap on how much i would lose

w/o leverage, short 1 625c will cost a lock down of 60k margin. you need to have deep pocket to do that. risk/reward-wise, i feel like u r using an elephant doing flyfishing. maybe u can get some catfish from time to time, but if u lose once, yr elephant is gone.

[gappy]

Rich Arab, even with some coal swap out, there is yet just not enough demand for the nat gas to see the price pay for more than a +/-3% swing, if that. Maybe come next winter? Besides, here in Texas we have moo many fine cattle, they produce the gas for near total net free.

[Cobra]

nothing to say, seems a channel here.

[soku]

Rich Arab, even with some coal swap out, there is yet just not enough demand for the nat gas to see the price pay for more than a +/-3% swing, if that. Maybe come next winter? Besides, here in Texas we have moo many fine cattle, they produce the gas for near total net free.

nymex closed. 26% drop for gas in q1 2012. so far this is one of the best swing trade. almost comparable with long aapl and totally forget it.

need to add this: it dropped for the past 19 months. there is no chance u will get stopped out. so this is the best trade for q1, or maybe the past 19 months

[Roadrunner]

natural gas? how about now?

Seriously, how low can natural gas go ???

sept.4, 2009 ... spot close price 1.834$