03/25/2013 Live Update

[billrider321]

What do you guys think about a pair trade.

Short GS thru buying 140 puts and buy appl calls.

Let me know your thoughts

[Al_Dente]

Expatriated funds
(Revised for quientuves)

[jarbo456]

I have three executions already from the weekly breakout list:

HW - floating at a loss now
HMA - slightly up
LL - slightly up

[KeiZai]

One more low and we are done? Likely :/

[quientuves]

So if the EuroFolks exit the EuroBanks, they shall flow the funds where?
US gov bonds? US equities? Japanese equities?

325out of euro.png

Gold!! and fridge... of course...

fridge = mattress?
oy gevalt

Yes...

[Cobra]

2nd leg down testing the previous low, now key time, if this pullback cannot make a decisive new low then bears are over again (as always in the past!!!).

[Cobra]

bears need pray here.

[stlwater]

Interesting read, could keep you up nights..

http://www.bigtrends.com/technical-anal ... he-making/

[jarbo456]

this looks familiar...wishing for a broadening top, but maybe just consolidation before the next move higher...

[toddymc]

Mr. VIX is quite possibly portending a larger drop in the near future
Oops lets try that again..

[MrMiyagi]

[SigmaEcho]

bears need pray here.

Cobra, what you think of DAX?
gapped up above friday high and closed below friday low.
tnx

[Al_Dente]

“Too Many Expecting a Correction”
http://www.ritholtz.com/blog/2013/03/to ... Picture%29

[Al_Dente]

Italian and Spanish bank stocks are on-and-off halted
[one hour old.... i think....]

edit:
•Cyprus a Template For EU, Reuters Says, Cites Dijsselblom
•*BANCO POPOLARE SHRS HALTED AFTER FALLING 4.84% IN MILAN :BP IM
•*TELECOM ITALIA SHRS HALTED AFTER FALLING 3.81% IN MILAN :TIT IM
•*INTESA SHRS HALTED AFTER FALLING 5.72% IN MILAN :ISP IM, BP IM
•*MEDIOBANCA SHRS HALTED AFTER FALLING 3.95% IN MILAN :MB IM
•*MEDIASET, FINMECCANICA, UBI SHRS SUSPENDED IN MILAN LIMIT DOWN

[quientuves]

Spanish banks:

BBVA -3,74%
Santander -2,98%

None of them were halted except Bankia in the opening, which is out of the main index (Ibex35) as much as I know...

[gappy]

tick.png

[stlwater]

“Too Many Expecting a Correction”
http://www.ritholtz.com/blog/2013/03/to ... Picture%29

With so many eyes glued to the market right now you can expect it to do the unexpected. Any of those strategic short entries that traders are basing on prior tops likely won't work with so much price overlapping. It's the meat grinder up here and as your article indicates.. it'll probably trade sideways to up for a while longer.

BTW any MAJOR top has had an RSI divergence in all three timeframes and oversold RSI monthly.. we're not there, for anyone who thinks we are.

A pull back is coming but trying to scalp to the short side probably isn't for me. Then again, the article I just posted should scare anyone. 1987 crash didn't have a second lower high for everyone to load up. It just died. Uber painfully.

[fehro]

bounce support at 1547ish? or sharp break down.

[tomsky]

Hi there!

Right on track. This week was supposed to be a short term top, will see how it unfolds.

[MrMiyagi]