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Yes, starting a position here,

SPX 1 with Fibs

Posted by pebs on 11th of Apr 2012 at 02:48 pm

Yes, starting a position here, but am waiting for a MACD cross up to confirm.

TVIX just dropped 5% in

TVIX

Posted by pebs on 28th of Mar 2012 at 02:44 pm

TVIX just dropped 5% in 20 min.  What a POS...

Nice pics Matt - bet

Olivia Pictures

Posted by pebs on 25th of Mar 2012 at 06:18 pm

Nice pics Matt - bet you can't wait to have your girls home!

AAPL Announcement at 1PM ET

Posted by pebs on 7th of Mar 2012 at 12:52 pm

Could be a market mover....

She's a cutie Matt!  I

My Back

Posted by pebs on 14th of Feb 2012 at 10:22 pm

She's a cutie Matt!  I have to say your trading station looks like a monstrosity next to her....

Nice chart

Rare Earth Swing - MCP

Posted by pebs on 13th of Feb 2012 at 02:24 pm

Nice chart

Matt have you ever thought

My Back

Posted by pebs on 13th of Feb 2012 at 02:14 pm

Matt have you ever thought of adding a treadmill? One of the docs that I work with has this in her office and she can do 2-3 miles of walking every day. 

http://inhabitat.com/sit-to-walkstation-desk-treadmill-burn-calories-while-you-work/sit-to-walk-station-desk-treadmill/

 

No ambiguity here

Posted by pebs on 9th of Feb 2012 at 09:32 pm

E-mail said cover the short at the close....period.  I have to admit that I went against the system and kept my shorts open (IMO this market is way too overbought for the SPY not to drop at least a few points from here), but it was disappointing to see the system cover.  If it were me, I'd be adding shorts right here, not covering. 

Words of wisdom there -

Need help selling

Posted by pebs on 8th of Feb 2012 at 11:23 pm

Words of wisdom there - thank you.

Sweet Matt!  She'll be in

Pictures Of Olivia

Posted by pebs on 2nd of Feb 2012 at 07:15 pm

Sweet Matt!  She'll be in high school before you  know it!

BBs really tight on the

SPX comments

Posted by pebs on 24th of Jan 2012 at 12:51 pm

BBs really tight on the 5 min $VIX.

Wow - 17% bears!  Big

AAII Sentiment Survey

Posted by pebs on 5th of Jan 2012 at 07:06 pm

Wow - 17% bears!  Big drop from last week...that's definitely a negative for the market.

SKF - 60 min

Short Bank index

Posted by pebs on 5th of Jan 2012 at 06:57 pm

I took a fair sized position in SKF today.  Here's my 60 min chart, but there are positive divergences on the MACD and RSI on all of my intraday charts.  There's also potential for positive divergence on the daily MACD if it starts turning up from here.  A nice trade in the making, IMO.

Nice charts Kalinm

$SSEC divergence with $SPX

Posted by pebs on 4th of Jan 2012 at 08:07 pm

Nice charts Kalinm

I've got 1257.60 at the

1257.62 spx, yes we can!

Posted by pebs on 30th of Dec 2011 at 04:06 pm

I've got 1257.60 at the close - lol!  Not sure how many people holding long term can say they broke even this year.  Trading was the way to go, for sure.

Happy New Year BPTers!  Wishing everyone the best in 2012.

SPX 30 BB

Posted by pebs on 30th of Dec 2011 at 01:29 pm

BB's really tight here...get ready for a big move.

$BPGDM

Posted by pebs on 28th of Dec 2011 at 09:32 pm

$BPGDM fell to 10.3 today - the lowest it's been in over 3 years.  Dipped my toe in a little GDX today.

Interesting post RP.  In the

Posted by pebs on 23rd of Dec 2011 at 02:30 pm

Interesting post RP.  In the short term, I think the markets can go either way, but I'm seeing negative divergences on just about all of my intraday charts.  Odds are they play out, question is when.

The last time the $VIX was this low the $SPX was over 1300.  In addition, the $VIX is quite a bit below it's November lows, while the $SPX is still below it's November highs.  This divergence leads me to believe that once this melt up is over, the market is going to take the elevator shaft down.  At the very least, I would expect the $VIX to meet it's 20-day SMA again in the next couple of weeks, as we're quite a bit below it at the moment.

Fwiw, there's a new moon tomorrow, which in the past have marked some sort of turning point (although I wouldn't trade off of this).

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