Posted by lessarda on 20th of Sep 2012 at 01:04 am
It may not matter with such strong bullish undercurrents, but
max pain for this expiration started out the week 4-5% down on the
SPY / QQQ / IWM.
It wouldn't be surprising to get some quick 2-3% drop that
brings things close to even for the market makers as they adjust
their hedges and underlyings.
On the other side, it could just keep a lid on upside for the
week.
Posted by lessarda on 19th of Sep 2012 at 12:13 pm
Only measures down to yesterday's lows, but if it plays out it
could shake out some late $700 longs and set up for a $700 pin on
Friday and maybe a run to $715 after.
Posted by lessarda on 13th of Sep 2012 at 02:57 pm
by definition producers and consumers, not specs. I was just
addressing the question about commercial net shorts, which could be
expected to rise until near a top in prices for some period.
Posted by lessarda on 13th of Sep 2012 at 02:42 pm
They have multiples of those short positions long in other
things - the size of the longs isn't an issue until a whale gets
too big and gets cornered. If they're really too big on the shorts
in pm's someone will eventually corner them out there too.
Otherwise, they're just taking the other side of longs who are
profiting here.
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SIRI may be through its lower volume MACD reset consolidation
Posted by lessarda on 20th of Sep 2012 at 12:36 pm
held 50 day on close and is now above 20 day again
Whoever put on the 25K 1x2 Nov 27-22 put spread in JCP
Posted by lessarda on 20th of Sep 2012 at 12:13 pm
was smart, lucky or well-informed - 36% return on $2m in one day
Nice; thanks.
Small complex h&s on 5 m AAPL chart
Posted by lessarda on 20th of Sep 2012 at 10:23 am
Yesterday's target hit & exceeded in Apple
Small complex h&s on 5 m AAPL chart
Posted by lessarda on 20th of Sep 2012 at 09:59 am
watching for accumulation or continuation
Max Pain
Posted by lessarda on 20th of Sep 2012 at 01:04 am
It may not matter with such strong bullish undercurrents, but max pain for this expiration started out the week 4-5% down on the SPY / QQQ / IWM.
It wouldn't be surprising to get some quick 2-3% drop that brings things close to even for the market makers as they adjust their hedges and underlyings.
On the other side, it could just keep a lid on upside for the week.
Can't keep AutoZone down - some recovery
Posted by lessarda on 19th of Sep 2012 at 12:44 pm
Oil / Gold / Silver all up big & US$ down big ahead of QE
Oil unusual
Posted by lessarda on 19th of Sep 2012 at 12:24 pm
All due for consolidation / retracement. Oil also helped on this by supplies today.
Small complex h&s on 5 m AAPL chart
Posted by lessarda on 19th of Sep 2012 at 12:13 pm
Only measures down to yesterday's lows, but if it plays out it could shake out some late $700 longs and set up for a $700 pin on Friday and maybe a run to $715 after.
That would just push things to new highs
Good place for SDS?
Posted by lessarda on 14th of Sep 2012 at 01:15 pm
REDF two day pullback on low volume set up for the next move
Keeping REDF on the radar
Posted by lessarda on 14th of Sep 2012 at 10:28 am
Of course. The more things change....
June 2012: “Therefore, it is important not to read too ...
Posted by lessarda on 14th of Sep 2012 at 09:27 am
We need to thank our unelected leader for another tax hike!
There is NO INFLATION - Helicopter Ben
Posted by lessarda on 14th of Sep 2012 at 09:24 am
Just a denial so far, so expect it momentarily or on a down day
dollar getting crushed!
Posted by lessarda on 14th of Sep 2012 at 09:00 am
Stuck to Apple, couldn't go wrong unless you tried
Anyone catch ILMN?
Posted by lessarda on 13th of Sep 2012 at 02:59 pm
The initial post was on commercials -
Commercials big short position in gold and silver
Posted by lessarda on 13th of Sep 2012 at 02:57 pm
by definition producers and consumers, not specs. I was just addressing the question about commercial net shorts, which could be expected to rise until near a top in prices for some period.
The travesty today is a politicized fed chair donating a half trillion to keep his job
Commercials big short position in gold and silver
Posted by lessarda on 13th of Sep 2012 at 02:50 pm
Honestly, I don't know why it matters.
Commercials big short position in gold and silver
Posted by lessarda on 13th of Sep 2012 at 02:42 pm
They have multiples of those short positions long in other things - the size of the longs isn't an issue until a whale gets too big and gets cornered. If they're really too big on the shorts in pm's someone will eventually corner them out there too. Otherwise, they're just taking the other side of longs who are profiting here.
They're not commercials, but they may be hedging something else
Commercials big short position in gold and silver
Posted by lessarda on 13th of Sep 2012 at 02:27 pm
If they want to lock in more forward production at these prices, yes.
Commercials big short position in gold and silver
Posted by lessarda on 13th of Sep 2012 at 02:12 pm
End the Fed! That's the fight.
Gotta think this is a low risk short here...
Posted by lessarda on 13th of Sep 2012 at 01:45 pm