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      04-26-2012, 02:46 PM   #837
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I see no bear flag, we're right above support and are just oscillating along the 50 DMA.
Attachment 682031
When I claimed bear flag, it was three days ago and I was speaking for the day on a 15 minute chart, not a daily chart.
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      04-26-2012, 02:46 PM   #838
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I love coming back to this thread to see predictions fail
I'd love to see you do better..
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      04-26-2012, 03:11 PM   #839
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I'd love to see you do better..
I can only lurk and troll this thread. I do learn bits here and there from you guys, although I have no idea what's going on most of the time.
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      04-26-2012, 03:37 PM   #840
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Quote:
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Originally Posted by Hisam135i View Post
I see no bear flag, we're right above support and are just oscillating along the 50 DMA.
Attachment 682031
When I claimed bear flag, it was three days ago and I was speaking for the day on a 15 minute chart, not a daily chart.
That makes sense on the 15 it did gap down and create a bear flag
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      04-26-2012, 08:02 PM   #841
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That makes sense on the 15 it did gap down and create a bear flag
sometimes I know what I'm talking about. I do see a small double bottom that formed a couple of days ago just as well.
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      04-27-2012, 01:23 PM   #842
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Originally Posted by kyleb350 View Post
I love coming back to this thread to see predictions fail
The only thing we have been failing to predict is this top for the past few months. Go back to last summer till now and we did quite well with our predictions.

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      04-27-2012, 10:04 PM   #843
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I love coming back to this thread to see predictions fail
The only thing we have been failing to predict is this top for the past few months. Go back to last summer till now and we did quite well with our predictions.

Also, thought I would add, predicting the tops of a market is the most difficult thing to accomplish.
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      04-30-2012, 01:57 AM   #844
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Based on futures and how Europe's market is doing looks like tomorrow should be pretty flat, unless something happens overnight
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      05-01-2012, 08:20 PM   #845
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sometimes I know what I'm talking about. I do see a small double bottom that formed a couple of days ago just as well.
Double bottom is confirmed and we might be retesting highs soon. Of course all the haters are gone and have nothing to say..
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      05-03-2012, 02:50 PM   #846
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I'm not sure what this thread is about but I'll post here anyways. Coca cola ko stock is going to split in july. Lucky me. Stock is floating around $75 a share. I have a shitload of stocks in this. $2.40 dividends doubled for free!
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      05-03-2012, 03:04 PM   #847
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I'm not sure what this thread is about but I'll post here anyways. Coca cola ko stock is going to split in july. Lucky me. Stock is floating around $75 a share. I have a shitload of stocks in this. $2.40 dividends doubled for free!
You mean 62.20 a share?
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      05-03-2012, 05:15 PM   #848
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Any ideas as to how the unemployment figures tomorrow will affect the market? I know the damn government has been rigging the equation so that by November the percentage is less than 8 but I'm still pretty sure the rate will have gone up in April.
I've also got a lot of shares and apple calls that have been doing nothing but wrecking havoc on my portfolio, I bought my shares at around $628 and my calls last wednesday because of the excellent earnings report. If we get a good job report tomorrow we should expect to see Apple at $600 by EOD.
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      05-04-2012, 02:43 AM   #849
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Any ideas as to how the unemployment figures tomorrow will affect the market? I know the damn government has been rigging the equation so that by November the percentage is less than 8 but I'm still pretty sure the rate will have gone up in April.
I've also got a lot of shares and apple calls that have been doing nothing but wrecking havoc on my portfolio, I bought my shares at around $628 and my calls last wednesday because of the excellent earnings report. If we get a good job report tomorrow we should expect to see Apple at $600 by EOD.
Ouch! AAPL at $628?

We saw today that jobless claims decreased more than expected and then the markets sold off (QE reasons). That would hint that tomorrow's jobless rate would have a decrease bias, but that may cause the markets to sell off instead of go up (just like today).
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      05-04-2012, 10:56 AM   #850
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I love put options
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      05-04-2012, 11:13 AM   #851
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You mean 62.20 a share?
Ko stock has been floating in high $70's all month. In july it will be in the $80's right before it splits.
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      05-04-2012, 12:57 PM   #852
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ok so who's buying today ?
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      05-04-2012, 01:10 PM   #853
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Ouch! AAPL at $628?

We saw today that jobless claims decreased more than expected and then the markets sold off (QE reasons). That would hint that tomorrow's jobless rate would have a decrease bias, but that may cause the markets to sell off instead of go up (just like today).
Yep! Unemployment drops to 8.1% and the markets sell off 1.4%. This should further run home the message to everyone that this rally is completely QE induced and not based on "improvement", as today is an improvement in Jon numbers.

I hope you didn't get crushed too much with AAPL falling more than 2% today


I also want to tell you guys that small speculators are now the only group net Long this market. Commercial and large speculators are all net short. This doesn't happen very often, but when it does it's "typically" a losing hand for small specs. I say typically because small specs can win, but usually they don't. So if we start heading south on this market, it's going to get real ugly real fast. You will know who's driving the train.
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      05-04-2012, 01:49 PM   #854
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Made some money off of GMCR calls and sold. Then I bought an Apple put and sold for a profit but I also bought some calls for both GOOG and AAPL. The double top on the /ES is scaring me but with this weak volume I feel like we will see a bounce.
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      05-04-2012, 02:04 PM   #855
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Ouch man... the gambler's ruin type of strategy doesn't usually work well when it involves options, the theta alone will kill you. You're betting on not only price but also time. Be careful...
Quote:
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Made some money off of GMCR calls and sold. Then I bought an Apple put and sold for a profit but I also bought some calls for both GOOG and AAPL. The double top on the /ES is scaring me but with this weak volume I feel like we will see a bounce.
Anyway, I love how this thread lights up like a christmas tree on down days but is dead silent on up days... buncha bears here =)
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      05-04-2012, 02:28 PM   #856
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Ouch man... the gambler's ruin type of strategy doesn't usually work well when it involves options, the theta alone will kill you. You're betting on not only price but also time. Be careful...

Anyway, I love how this thread lights up like a christmas tree on down days but is dead silent on up days... buncha bears here =)
Hahaha, I've promised to become a bull after the crash. Then the algo inside me will inverse
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      05-06-2012, 09:34 PM   #857
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Tomorrow should be a fun day
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      05-07-2012, 01:38 AM   #858
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Any bears gonna short the rebound in the next couple of days?
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