10/01/2012 Live Update

[uempel]

I'm tired, I need a drink. Cobra, let's meet at the Bar. TraderLady, you coming too? Al,they serve pasta there! Bullbear? Dr. Miyagi? Anybody else coming along?

[MrMiyagi]

Odd day.. can't get a grip on the action.

[BullBear52x]

I'm tired, I need a drink. Cobra, let's meet at the Bar. TraderLady, you coming too? Al,they serve pasta there! Bullbear? Dr. Miyagi? Anybody else coming along?

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I am about to get a sell on TNA, I'll pass. enjoy.

[Claire]

I'll join you uempel -- order one for me. I even spelled your name correctly.

[uempel]

DIA is 1x dow
DDM is 2x dow but no volume
Is there a 3x dow ETF?

There is something with a 50x multiplyer called the mini

[MrMiyagi]

I am about to get a sell on TNA, I'll pass. enjoy.

[Mr. BachNut]

Re: weekend discussion on short squeeze potential.

This morning's stop run ran out of gas sooner then I imagined.
I figured there would be stops up to around last Tuesday's high (SPY 146.24).
Now I am thinking the real juice for stop runners lies below Wednesday's low (SPY 142.95).
Perhaps there's another push coming to clean up the squeeze or other factors could take the market higher,
but the really raw meat for the jackals to hunt down is probably below us at the moment.
Just a thought.

[BullBear52x]

I am about to get a sell on TNA, I'll pass. enjoy.

any spike on TNA or TZA?

[uempel]

I'll join you uempel -- order one for me. I even spelled your name correctly.

Ok Claire, you know the bar. I'll be there in 20 minutes

[MrMiyagi]

any spike on TNA or TZA?

That chart is TZA, nothing on TNA.

[TraderGirl]

I'm tired, I need a drink. Cobra, let's meet at the Bar. TraderLady, you coming too? Al,they serve pasta there! Bullbear? Dr. Miyagi? Anybody else coming along?

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I'm with you!! Make mine a double!!

[uempel]

Odd day.. can't get a grip on the action.

Short term bearish if market doesn't break 1449 and 1557...

[TraderGirl]

Notice how treasuries barely moved on this move up this morning....

[KeiZai]

Silver with the daily squeeze btw momentum is coming back but but but that means nothing so far, should fire both ways

P.S: I don´t know why I changed my avatar i was obviously too drunk now I cannot find the old one lol

[BullBear52x]

any spike on TNA or TZA?

That chart is TZA, nothing on TNA.

Ooo where is my glasses. some how I was seeing IWM.

[Al_Dente]

I'm tired, I need a drink. Cobra, let's meet at the Bar. TraderLady, you coming too? Al,they serve pasta there! Bullbear? Dr. Miyagi? Anybody else coming along?

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did u mention pasta?
See u in a minute

[uempel]

TraderGirl, Claire, I'll meet you there. The other guys are not coming along. Ahh, Al_Dente is coming too. But all the others, very disciplined

[MrMiyagi]

Whooosh..

[joe-gamma]

I'm tired, I need a drink. Cobra, let's meet at the Bar. TraderLady, you coming too? Al,they serve pasta there! Bullbear? Dr. Miyagi? Anybody else coming along?

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may I join you sir?

seems russl and bkx and fincls just wanna inflict a world of hurt on traders today....maybe the bots are making money
there....

[Al_Dente]

Reltive strength
Dow is starting to weaken just a touch
But iwm appears to be picking up the slack