I'm in your boat, own it around same level (3/26/13 post, thank you ghosttrader for posting), hanging on for dear life, enjoying the rocket ride. maybe it will crash and burn before i sell it, but for now, i'm waiting for it to do something wrong, either fundamentally or technically. I didn't buy enough shares to do damage if it failed, but enough to enjoy watching the % increase since purchase.

markets will follow historical pattern and sell off into mid-month (based on this 'end of tapering' nonsense), which just happens to be the FOMC meeting ending on the 18th (2 days before quad witching) at which time they 'will' reaffirm their do-nothing-yet stance. this in turns sets up the santa clause rally. I sure hope my crystal ball is right this time around..   good trading. (FYI - i'm not taking my eyes off the charts, just in case)

and did you notice that as of 11/5/13 there was a 1 for 50 split? hmmm, i too shall only watch from the sidelines on this one.

if you recall my post on this subject in the last week, please note that McClellan wrote about the same pattern with more specific dates in his weekly missive (sent out today). good trading and happy thanksgiving.

decided i like the odds, with a caveat of course. basically i'm a bit of a chicken, so i took the trade with a twist. I executed the following when the etf hit 21.67 (closing the open gap up). sold dec 6, 2013, 21 strike puts @ $0.27. standstill ROR is ~55%. i just couldn't resist after reading the posted stats from Matt and looking at the closing rsi2. good trading.

and the question is did it close below 1%?

this rate would be for deposits held by ECB on behalf of Euro Banks. in the US banks recieve 0.25% for their trillions on deposit with the FED. In order to get the US money 'invested' in the economy the FED would need to move that rate closer to zero. keep in mind it pays more to invest with the FED than to buy UST Bills with a 0.10% 6 month rate (money kept in tbills or at the fed count 100% in solvency ratios). for Euroland if they go to a negative rate they are 'expecting/hoping' that the Euro Banks will lend the money (or invest it in Euro land bonds) rather than keep it (safe with no principle risk)on deposit. as Bernanke has been saying, both the FED and ECB are trying to get the banks (and the public) to put on more risk (vs safe) trades.

blame it on Venezuela: military dispatched (by President) to take over a retail chain because they are charging too much for merchandise. not sure how that could happen, inflation in october was only 50% (annualized)

figure i'd post another of my put ideas, selling march 2014, 15 strike puts (~21% OTM) @ $0.65 yields 12.7% standstill (could be a few cents early on this one though). technically 15 has been support ~ 6 times (this is the 6th) since a gap above 15 in oct of 2011. good trading

through the next 2 months would be good, i've been building short put positions on many of the PM names and i'd really rather not be long the stocks.

someday i'll have to figure out how to post a chart, but in the meantime, i like the looks of the long term bottoming action here (can you count how many times the 35/37 range has held since 2011?). sold march '14 35's @ $1.38. of course they could have some 'issues' down the road selling their generics, but then again, with their 3.35% div. and basis of 33.72 if i get assigned (my standstill ROR is 11.2%). i'll live with it. good trading.

incredible, largest ever recorded. Category 5 (and then some). sustained winds @ 195 gust to 235. landfall in a few hours in central Phillipines. duck and cover.... wonder where it heads next????

that's what the mute button is for! it's just as bad on Bloomberg TV as it is elsewhere. I guess their all hoping for a 'story'. . what a waste of airtime...

last time nobody cared, is this time different?

Just had an old pop-up reminder, it says seasonality for the last 2 trading days of October and first 3 of November are a net positive for the market. but i haven't seen an update to those stats.  hmmmm. think i'll sell some more puts....

broker partners are listed on the website

they have ATP pro and ATP Beta (I use both), it is good enough, but not even remotely like Ninja. i have been using the ATP platform since 2001. i also use the freecharts website if that gives you a clue as to what i think of the quality of their charts (and that is vastly improved since the introduction of ATP Beta). if you do use Fidelity, and your overall account size is large enough (whatever that means) make sure you are hooked up with the active trading desk..fwiw.