Lost 1250. Ouch. This seems like 2008/2009.
Hope it is more like March 2009 low. My body is drenched in
red ink. Wife threatening divorce, dog growling....LOL
After we got a buy signal Monday on the VIX, we got a
hammer instead of a confirmation of the signal, which would have
been a lower close on the VIX. Anyone have an idea about the
significance of all this? Tells me we have a weak market and
may get a weak bounce?
Marketwatch says: Stocks have started to tick up from
their session lows, but they still have a long climb ahead of them
if they wish to snap their losing streak, which already stands at
six sessions. Despite the weakness, the Volatility Index (VIX) is
actually down about 1% today. During the course of trade during the
two prior sessions, the VIX climbed to its highest level since
March.
Great point. I have seen that in some Option pricing
calculators. It is unbelievable that TD Ameritrade does not have
one of these option pricing calculators on its main pages.
I have been following this energy stock for many years. It
is easy to trade and works perfectly on the SLOW STO. This is
a weekly, but the daily is similar. I love it because it
seems to cry out for a place in a textbook. Just takes some
patience.
http://stockcharts.com/h-sc/ui?s=PQ&p=W&yr=2&mn=4&dy=0&id=p44485969619
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I do better in Vegas
SPY LONG???
Posted by Robert50 on 3rd of Aug 2011 at 11:02 am
I do better in Vegas than i am doing right now Marketguy. But even the house loses from time to time. One heck of a drawdown right now.
Glad I am in Germany where the beer is strong!
SPX to 1225?
Posted by Robert50 on 3rd of Aug 2011 at 10:55 am
http://stockcharts.com/h-sc/ui?s=$SPX&p=D&b=5&g=0&id=p29957269912&a=239611267
SPY/SPX
Posted by Robert50 on 3rd of Aug 2011 at 10:47 am
Broke 1260. 4th trade should be a nice one if we get it.
Lost 1250. Ouch. This seems
SPY LONG???
Posted by Robert50 on 3rd of Aug 2011 at 10:45 am
Lost 1250. Ouch. This seems like 2008/2009. Hope it is more like March 2009 low. My body is drenched in red ink. Wife threatening divorce, dog growling....LOL
$VIX hammer
Posted by Robert50 on 3rd of Aug 2011 at 09:06 am
After we got a buy signal Monday on the VIX, we got a hammer instead of a confirmation of the signal, which would have been a lower close on the VIX. Anyone have an idea about the significance of all this? Tells me we have a weak market and may get a weak bounce?
CNN Headline: DOW LOSING STREAK AT 8
Posted by Robert50 on 2nd of Aug 2011 at 04:44 pm
i keep averaging down at
well...definitely got the weak close I was hoping for.....yikes!
Posted by Robert50 on 2nd of Aug 2011 at 04:04 pm
i keep averaging down at the close, so I hope you are right!
Charts of interest
Charts of interest
Posted by Robert50 on 2nd of Aug 2011 at 03:55 pm
Some of these are just as oversold as march 2009. Hope that is a good sign.
VIX hammer
Posted by Robert50 on 2nd of Aug 2011 at 03:54 pm
Tell me what that means for us.
Yeah, my blood, your guts.
close Below 1261
Posted by Robert50 on 2nd of Aug 2011 at 03:46 pm
Yeah, my blood, your guts.
VIX
Posted by Robert50 on 2nd of Aug 2011 at 01:45 pm
Marketwatch says: Stocks have started to tick up from their session lows, but they still have a long climb ahead of them if they wish to snap their losing streak, which already stands at six sessions. Despite the weakness, the Volatility Index (VIX) is actually down about 1% today. During the course of trade during the two prior sessions, the VIX climbed to its highest level since March.
Bullish or Bearish?
Posted by Robert50 on 2nd of Aug 2011 at 01:39 pm
What you think?
http://stockcharts.com/h-sc/ui?s=$SPX&p=D&b=5&g=0&id=p69140419291&a=239611267
Great point. I have seen
8 days lower in a row, Dow
Posted by Robert50 on 2nd of Aug 2011 at 01:37 pm
Great point. I have seen that in some Option pricing calculators. It is unbelievable that TD Ameritrade does not have one of these option pricing calculators on its main pages.
VIX buy signal
Posted by Robert50 on 2nd of Aug 2011 at 01:25 pm
Seems it will not confim yesterday's buy signal. Worrisome. I thought the moon and the stars were going to align nicely....
http://stockcharts.com/h-sc/ui?s=$VIX&p=D&yr=0&mn=10&dy=0&id=p44377424252&a=239937510
8 days lower in a row, Dow
Posted by Robert50 on 2nd of Aug 2011 at 01:21 pm
Cramer has been saying to buy calls since Friday. Now he is not so sure.
Marketguy. You're not the only
just put in an order to buy some Sept SPY "calls".....now u know the world has truly gone mad!!! :-)
Posted by Robert50 on 2nd of Aug 2011 at 01:18 pm
Marketguy. You're not the only one going mad. Got my SPY calls, they went down, it always does after I buy. Time for more if we can close lower.
PQ - Very tradeable
Posted by Robert50 on 2nd of Aug 2011 at 10:56 am
I have been following this energy stock for many years. It is easy to trade and works perfectly on the SLOW STO. This is a weekly, but the daily is similar. I love it because it seems to cry out for a place in a textbook. Just takes some patience. http://stockcharts.com/h-sc/ui?s=PQ&p=W&yr=2&mn=4&dy=0&id=p44485969619
GDX
Posted by Robert50 on 2nd of Aug 2011 at 10:37 am
Nice move above the 200 Day.
http://stockcharts.com/h-sc/ui?s=GDX&p=D&b=5&g=0&id=p06829397343&a=240470668
Bullish $VIX
Bullish $VIX
Posted by Robert50 on 2nd of Aug 2011 at 10:30 am
7 down days for SPX pretty nasty. Can't last forever but we will see.
$VIX Buy Signal
Posted by Robert50 on 2nd of Aug 2011 at 10:18 am
We had a buy signal yesterday but don't we need a confirmation today by having a lower close on the VIX?
http://stockcharts.com/h-sc/ui?s=$VIX&p=D&yr=0&mn=10&dy=0&id=p05585889977&a=239937510