07/30/2012 Live Update

[Al_Dente]

PAGING NEWBIES:
1) go to yr 5 min chart
2) blow it up big
3) print it out and write “Classic Choppy/Range Day” and "AD 50/50" on it
4) put it on yr refrigerator so you will remember
Thank u for your cooperation

[BlackThought]

feels like i wasted the whole day today lol

[dr659]

alot of the indicators I look at were very overbought as of friday, This sideways action today worked off all the overboughtness ( If thats a word) without a large pullback or pullback in gereral, Is that Bullish?

[MrMiyagi]

Sheizer... are we done yet?

[Petsamo]

feels like i wasted the whole day today lol

Not me. I sold WLT first thing in the morning. I coulda repurchased at a lower price, but earnings is in 2 days. I swung instead to CLF.

[TraderGirl]

anyone remember what inside days are supposed to signify?

Where do you see an inside day?

[Cobra]

well, guess that's it for day. typical small range day after wide range day. I just hope tomorrow wouldn't be the same boring day, which has chances because FOMC is the day after tomorrow and on Thursday, the ECB president would deliver "believe me, it'll be enough", so the market might be mostly in wait mode until Thursday. Thank you guys, I'll see you tomorrow.

[BlackThought]

feels like i wasted the whole day today lol

Not me. I sold WLT first thing in the morning. I coulda repurchased at a lower price, but earnings is in 2 days. I swung instead to CLF.

ya i made profit on VHC and WLT today.

[BlackThought]

have STX and APC puts for lotto, earnings AH

[Petsamo]

1.09 million last sell on IWM

[Petsamo]

feels like i wasted the whole day today lol

Not me. I sold WLT first thing in the morning. I coulda repurchased at a lower price, but earnings is in 2 days. I swung instead to CLF.

ya i made profit on VHC and WLT today.

Profits are boring, eh?

[Unique]

anyone remember what inside days are supposed to signify?

Not an inside day, still a higher high.

[Unique]

Scaled in SPXU and SPY 125, 130 Sept quarterly puts for a longer date swing trade. Sideways is good for me

[joe-gamma]

feels like i wasted the whole day today lol

Not me. I sold WLT first thing in the morning. I coulda repurchased at a lower price, but earnings is in 2 days. I swung instead to CLF.

ya i made profit on VHC and WLT today.

Profits are boring, eh?

Still awake Pet? is spreadsheet bias toward small gap lower tuesday?
thanks, joe

[Petsamo]

feels like i wasted the whole day today lol

Not me. I sold WLT first thing in the morning. I coulda repurchased at a lower price, but earnings is in 2 days. I swung instead to CLF.

ya i made profit on VHC and WLT today.

Profits are boring, eh?

Still awake Pet? is spreadsheet bias toward small gap lower tuesday?
thanks, joe

Yes, but I don't understand the lower prices, though. The Hang Seng rallied some, but their prices are lower.

[BlackThought]

feels like i wasted the whole day today lol

Not me. I sold WLT first thing in the morning. I coulda repurchased at a lower price, but earnings is in 2 days. I swung instead to CLF.

ya i made profit on VHC and WLT today.

Profits are boring, eh?

yes, small profits are boring.

[joe-gamma]

PETs:
Yes, but I don't understand the lower prices, though. The Hang Seng rallied some, but their prices are lower."

if you mean you do not understand what markets are doing, thats okay sometimes

but if you have quotes that are a day old, (i believe stockcharts eod prices for overseas markets are a day later After The Close?

GL, thanks for your input!

[OverUnder]

Well I'm glad I didn't short Herbalife today for earnings, that's a company that David Einhorn was questioning, the same guy who questioned Green Mountain coffee. They seem to be up a few dollars after market.

I never really play earnings, but it seems more and more foolhardy. Sometimes you see a company miss or beat and say "I KNEW it, I should have longed/shorted them", but then you miss the other mistakes you would have made. This would have been one of those.

Now, Netflix, well, there's another category entirely.

[grachu]

another purchase on AMANZON through cobras website. REMEMBER TO USE IT !!!!

[Cobra]

another purchase on AMANZON through cobras website. REMEMBER TO USE IT !!!!

Thanks. Really appreciate!