12/13/2011 Intraday Watering

[chocobee]

I am out EDZ 3K shares @ 21.52 Going flat overnight - I need to behave myself during OPEX week

[jarbo456]

well well...if the market closes LOD that's a no no...isn't it? petsamo, you usually have the stats. gap up if we close LOD right?

[Anaconda]

Thank God for hedging. Walked into my office and saw this! What the hell's going on?

Still maintain p-bar targets. Just bought another tranch of SDS Jan puts.

Net up for the day, thanks to long-term JPM puts and March SDS calls.

GLTA.
A

[minthan]

TOS would not let me borrow TMF so I have to buy TMV, damn it. I have to close it before the bell then.

[michelangelo]

Might be a gravestone doji on the 30 minute TZA.

[heavenskrow]

I am out EDZ 3K shares @ 21.52 Going flat overnight - I need to behave myself during OPEX week

smart! discipline =] although you may hate yourself if we gap down tomorrow....you have made goood money

[wayne0708]

Cobra: how does RSP correlated with SPX?

[heavenskrow]

TOS would not let me borrow TMF so I have to buy TMV, damn it. I have to close it before the bell then.

Thats one of the reasons I covered....ZB is still looking semi-weak.

[SB73]

well well...if the market closes LOD that's a no no...isn't it? petsamo, you usually have the stats. gap up if we close LOD right?

Market can't close at LOD too many shorts are scared shitless and for good reason they have been gapped on before. Let's see if we close below 123.16...the new resistance.

[jarbo456]

amzn testing a multimonth low. could be bad under 180 for it.

[heavenskrow]

great day. see u sexys tomorrow.

[Anaconda]

This is why you might want to be long overnight...

[proteus46]

Might be a gravestone doji on the 30 minute TZA.

TZA had trouble getting past it's Daily 20 EMA

[jarbo456]

took a nibble of SPY and AMZN calls for overnight. the bounce is almost too expected, so let's see what happens. SPX at 20 day and 377 day moving average support.

[Petsamo]

Difficult to call gap up or down here. Asia rallied last night, so they're likely to sell off. Europe will be down too much by the time they open, so they should rally some, but not enough to cause a gap up for US. There was a 1.26 million last sell on SPY. So, someone agrees we gap down tomorrow.

[Cobra]

Sorry guys, sudden duty call.

[Me XMan]

Stick the fork into this pig...I see huge gap down tomorrow.

[lqiantobe]

Sorry guys, sudden duty call.

how did you see the close?

[chocobee]

I am out EDZ 3K shares @ 21.52 Going flat overnight - I need to behave myself during OPEX week

smart! discipline =] although you may hate yourself if we gap down tomorrow....you have made goood money

Thanks - Tomorrow is another day and another $ to be made. I never regret for taking profit too early. I do not see any clear signal either way for tomorrow. When in doubt, stay in cash.

[Cobra]

Sorry guys, sudden duty call.

how did you see the close?

see trading signals, not sure tomorrow but not good for bulls in short-term.