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.
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.
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.
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.
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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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
The Best of all things to everyone at BPT and on this side of the screen in 2012 !!!
Posted by pebs on 30th of Dec 2011 at 03:49 pm
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
My strategies are starting to go Short..
Posted by pebs on 23rd of Dec 2011 at 02:14 pm
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).