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Aapl goes up in all scenarios.SB73 wrote:Does aapl go up in a flash crash scenario?BullTart wrote:I'm not a doomsday fear monger, but I'm beginning to accept the possibility of another flash crash type of event in the near future.
This kind of price action is eerily reminiscent of the run up leading to the flash crash.
And don't forget, it was news of the Greek street riots two years ago that supposedly triggered it.
And here we are two years later, with Greece once again in the spotlight, with the stock market doing it levitation act.
Flash Crash v2.0 in the coming weeks is not likely, but very possible.
Interesting you mention AAPL.SB73 wrote:Does aapl go up in a flash crash scenario?BullTart wrote:I'm not a doomsday fear monger, but I'm beginning to accept the possibility of another flash crash type of event in the near future.
This kind of price action is eerily reminiscent of the run up leading to the flash crash.
And don't forget, it was news of the Greek street riots two years ago that supposedly triggered it.
And here we are two years later, with Greece once again in the spotlight, with the stock market doing it levitation act.
Flash Crash v2.0 in the coming weeks is not likely, but very possible.
got an RSS feed 99er?
agreed. also low volume.BullTart wrote:Interesting you mention AAPL.SB73 wrote:Does aapl go up in a flash crash scenario?BullTart wrote:I'm not a doomsday fear monger, but I'm beginning to accept the possibility of another flash crash type of event in the near future.
This kind of price action is eerily reminiscent of the run up leading to the flash crash.
And don't forget, it was news of the Greek street riots two years ago that supposedly triggered it.
And here we are two years later, with Greece once again in the spotlight, with the stock market doing it levitation act.
Flash Crash v2.0 in the coming weeks is not likely, but very possible.
Look at this:
Look at the RSI and how overbought it is... and look at the last time it was that overbought.
Call me crazy, but I'm just sayin'....
I bought it at 4.70 after open now im out due to SL at 5.20...I will try play short to the closewaverider wrote:Woulda bot when it retraced 50% from the open to the high, I wouldn't chase it. Look at the hourly, it's a doji.KeiZai wrote:Jumped somebody into IPSU with me? Still rocking
Between the 5 wave drop yesterday, and the even clearer 5 wave drop today, I have to conclude that the government sets the price of health care AND the stock market because in terms of Elliott Wave, this rally is not just improbable, it is impossible in a world where that word is very rarely used. This is the antithesis of the Random Walk Theory. We are back to whenever they see a possible chink in the armor (2009 is a shining example from March 10th forward) they rally the troops whether by themselves or by proxy. There's a reason they wanted Lehman shut down as well as most trading firms that could get in their way. Crisis brought them opportunity.SB73 wrote:TVIX and SPY both working on Ascending triangles both looking to break higher. This should be interesting.
Using T-Theory (Search Terry Laundry) we hit one yesterday as a top. Some of them, both long and short, have been outstanding for the last year.BullTart wrote:Interesting you mention AAPL.SB73 wrote:Does aapl go up in a flash crash scenario?BullTart wrote:I'm not a doomsday fear monger, but I'm beginning to accept the possibility of another flash crash type of event in the near future.
This kind of price action is eerily reminiscent of the run up leading to the flash crash.
And don't forget, it was news of the Greek street riots two years ago that supposedly triggered it.
And here we are two years later, with Greece once again in the spotlight, with the stock market doing it levitation act.
Flash Crash v2.0 in the coming weeks is not likely, but very possible.
Look at the RSI and how overbought it is... and look at the last time it was that overbought.
Call me crazy, but I'm just sayin'....
Still net long with 40% long exposure w/ tighter stops. 60% cash. Bought the SPY puts as a hedge and gamble on a minimal amount. I have a stop at .47. I still believe we move higher, but a healthy pullback would be nice. As much I have conviction that this markets trends higher, any further movement is minimal at best w/o retracement, which is not bearish by any degree. Having said that, I wouldn't recommend anyone starting positions at these levels.jarbo456 wrote:i thought you were the "go long and strong" party...usctrojan99 wrote:I bought 2/18 134 Weekly SPY puts at .67.....10 contracts
what's the basis of the puts?
not a terrible gamble as the pay-off is quite high.
however, i'm not seeing the price action to support buying puts yet...
for the longer swing traders, the key level looks to be 133 to me (the previous test of the "key level" was a bear trap...i don't think we'll have another such trap). just my opinion.
wait for the close, I'll then see. I don't remember any edges.rola wrote:Cobra, what is the statistic with two up SPY and VIX up days? (more retoric question)
That was me spiked up on your last Vol there