08/02/2012 Live Update

[Al_Dente]

MIYAGI
THE BUTTON
AGAIN
PLEASE

Heres yr favorite “crook”
http://www.bloomberg.com/news/2012-08-0 ... -exit.html

[MrMiyagi]

MIYAGI
THE BUTTON
AGAIN
PLEASE

Which one???

[lesgray]

are you buy the dip or sell the rip, here the spot for both.

She shall fail near vwap (cough cough)
QUIT COVERING ALREADY

ps why sds crazy like that boss?

SDS? include all bull/bear etfs, they designed to lure in the gambler (that will be me ), the price decay on these guys are unbelievable. I don't buy them but short them both Bull/bear etfs

If I understand what you just said, you short the inverse 2x ETF to go long, and Short the inverse 2x ETF to go short, thereby collecting the decay premium. Is this correct?

[Al_Dente]

MIYAGI
THE BUTTON
AGAIN
PLEASE

Which one???

the BIG one

[BullBear52x]

MIYAGI
THE BUTTON
AGAIN
PLEASE

Heres yr favorite “crook”
http://www.bloomberg.com/news/2012-08-0 ... -exit.html

Mark Zuckerberge's sister is working for Google, that tells you how much faith she got in her brother's company...

[MrMiyagi]

the BIG one

IT'S NOT WORKING!!!

!!!POWER HOUR!!!

ah man... we're retarded...

[Mr. T]

2 legged rebound already, but this one seems to have another leg, strong. Oh, I'm in my van. Do FBI guys always work like this?

Is it a white van? Are you selling speakers out the back?

"Liv'in In a Vannnn, down by the river!!!!"

[BullBear52x]

are you buy the dip or sell the rip, here the spot for both.

She shall fail near vwap (cough cough)
QUIT COVERING ALREADY

ps why sds crazy like that boss?

SDS? include all bull/bear etfs, they designed to lure in the gambler (that will be me ), the price decay on these guys are unbelievable. I don't buy them but short them both Bull/bear etfs

If I understand what you just said, you short the inverse 2x ETF to go long, and Short the inverse 2x ETF to go short, thereby collecting the decay premium. Is this correct?

yes, kind of. holding both during consolidation phase, once trend confirmed let the best one ride.

[Cobra]

3rd leg up as expected. well, got to go. Alpha team, target moving into your area, target moving into your area, over. talk you in 30 min.

[MrMiyagi]

"Liv'in In a Vannnn, down by the river!!!!"

Funny fat bastard, he was...

[Petsamo]

If anyone wants to go long on something, JOY & UAL look good. UAL is very oversold in the short-term.
My spreadsheet predicts a gap down. Since we started this downleg, it's up to US to start the bull leg.

[fulkdaddy]

Interesting comments from Ambrose Evans-Pritchard on Draghi's comments: http://blogs.telegraph.co.uk/finance/am ... -delivers/.

Seems as though he thinks Draghi will start the printing pressess as soon as the countries ask for it and the givers agree. Get ready to buy...at least for a short rally.

[Al_Dente]

3rd leg up as expected. well, got to go. Alpha team, target moving into your area, target moving into your area, over. talk you in 30 min.

[TraderGirl]

FXE looks like possible bear wedge...

[BlackThought]

squeezeeeeeee !~~~

[MrMiyagi]

VIX keeps slowly dropping and XIV playing with the green line.

[TraderGirl]

spx...

[joe-gamma]

3rd leg up as expected. well, got to go. Alpha team, target moving into your area, target moving into your area, over. talk you in 30 min.

please, put down the laptop while driving, sir.....stoprun was a bit disappointing to upside,
selling for 2nd 1/2 of powr hour

[BlackThought]

CF H&S

[Petsamo]

SPY p-bar pointing to 137.75