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      05-29-2013, 09:35 PM   #1475
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Originally Posted by mact3333
FNMA giveth, FNMA taketh away....one volatile mofo this one.

I said ES has to hold 1645 yesterday....hmmmm.

I have been in csh for a week and will remain there until a see the charts recycle and reset.
The government and Fannie Mae basically worked together on this one. Talk about sneaky and dirty but they certainly knew what was up. Basically they issued another 470 million plus shares of which the government took a 80% stake in of the total 5.6 billion common shares of which were available for purchase. Most importantly they bought the at a strike price of $0.00001 per share!!!!
Anyone realize how much money they made when that price was driven up to $5.44 today before tanking??!!!

Normal people go to jail for insider deals but when the government issues its self shares at $.00001 per share we will call it part of a bail out package lol.. This is only what they hold in common shares. Have a look at the article as to what they hold in senior preferred shares as well. I wonder how much they got those at.

http://www.thestreet.com/story/11936...cm_ven=GOOGLEN
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      05-30-2013, 11:58 AM   #1476
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we will either match/approach the all time high or slightly exceed it before a significant pullback...ETA 1 week from now...the fun starts on a intermediate time frame then...
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      06-03-2013, 10:55 AM   #1477
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It seems the steady decline for Tesla has begun. Down ~7% today and down more than 20% from it's recent high.
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      06-03-2013, 11:03 AM   #1478
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in the past 1.5 weeks, the nikkei pretty much took an elongated crash. avalanche!
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      06-03-2013, 06:42 PM   #1479
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we will either match/approach the all time high or slightly exceed it before a significant pullback...ETA 1 week from now...the fun starts on a intermediate time frame then...
1624 held on SPX. We're headed to 1650's, and if we surpass that, then 1670's.

Hope you guys bought the dip this morning. Up ~5% from the bottom today. This is good money. Too many people stock piling in because of fear or because of "Hindenburg omen". Personally, I dont trust this market enough to go overnight for gains anymore. I'm day-trading. As I said before, all crashes (if we do "crash" as opposed to "pulling back") never happen unless we get a lower high that fails. This bounce from 1624 will show us if we can take out all time highs or not. If not, watch out and stay nimble for whatever comes.
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      06-05-2013, 10:36 AM   #1480
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was I off by few days???........I sold all my positions approx a week ago...now you know why....I make calls, not what if scenarios....

But dont worry, this "longer term" bull isnt over yet...but if I see something I dont like over longer timeframe, I will call out the Defcon alerts.

The stuff I put on a BMW MB is ridiculous haha.

Especially since nobody is listening???
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      06-06-2013, 09:19 AM   #1481
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Target 1590 SPX
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      06-06-2013, 01:17 PM   #1482
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Target 1590 SPX
I think 1560/70 isn't off the tables w/ a bad UE report tomorrow.
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      06-07-2013, 07:22 AM   #1483
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Quote:
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was I off by few days???........I sold all my positions approx a week ago...now you know why....I make calls, not what if scenarios....

But dont worry, this "longer term" bull isnt over yet...but if I see something I dont like over longer timeframe, I will call out the Defcon alerts.

The stuff I put on a BMW MB is ridiculous haha.

Especially since nobody is listening???

Just curious - what's you occupation?
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      06-07-2013, 09:45 AM   #1484
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Just curious - what's you occupation?
I'm going to assume he's not a financial advisor

I don't mean that negatively one bit, but his thought process is very similar to the investment bankers or financial analyst I speak with.

It's funny how two people can be considered experts on the same topic and ultimately both be right, yet the opinions and views are vastly different.
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      06-07-2013, 10:50 AM   #1485
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Ok, I could have been a little close to catching the bottom...looked at non-detailed chart few days ago on different site...looking at my own TOS chart 1600 bottom would have been abit more obvious...oh well....

As I have said many times, this is just a hobby...no pro here so dont listen to a word I say...this thread is for hacks like me sharing thoughts and ideas...I use this thread to timestamp my thoughts more than anything to see if I was right.


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      06-07-2013, 10:51 AM   #1486
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^wasn't that just on cnbc?

still calling for a huge nikkei drop. breaking parity couldn't help either.
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      06-07-2013, 03:23 PM   #1487
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Headed to rechallenge 1674 IMO. If you had to balls to see six retest 1600 yesterday for a couple hours, you would've caught the 43 pt SnapBack rally. VXX headed to $17.50-$18.20.
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      06-10-2013, 11:37 AM   #1488
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Solar is setting up for another leg up. FSLR, SPWR, CSIQ, YGE. It's been the strongest sector for the past few months.

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      06-12-2013, 12:06 AM   #1489
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Headed to rechallenge 1674 IMO. If you had to balls to see six retest 1600 yesterday for a couple hours, you would've caught the 43 pt SnapBack rally. VXX headed to $17.50-$18.20.


I dont think it will retest 1674 in near term...I sold my TF position...I am not buying any longs right now.
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      06-12-2013, 12:07 AM   #1490
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Solar is setting up for another leg up. FSLR, SPWR, CSIQ, YGE. It's been the strongest sector for the past few months.


Pennants typically continuation pattern but I see downside risk in general mkts for now.
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      06-12-2013, 12:20 AM   #1491
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Looks like we are gonna chop around on the SPY between 161 to 165. Man, I hate these chopiness.

Got into SPWR last week. Broke out yesterday but retraced back to break out today. Kind of disappointed. Was up over 10% now I am up a few %. Should of locked in those profits..
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      06-12-2013, 01:42 PM   #1492
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I didnt like what I was seeing in the charts...last week was counter-trend rally...played the bounce with TF position but closed it yesterday.

Need to see defcon 2 like selling before I start buying again for the next run up.
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      06-12-2013, 02:29 PM   #1493
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This market is such a bitch... I got bull trapped on today's gap up. SOB..

If we don't hold the 50MA on the SPY this will be a wild ride...
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      06-12-2013, 05:10 PM   #1494
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omfg.

This SPX is bi-polar. I'm really hoping the run to 1650's didn't just end and create a lower high for us.... To crash.
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      06-12-2013, 09:07 PM   #1495
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omfg.

This SPX is bi-polar. I'm really hoping the run to 1650's didn't just end and create a lower high for us.... To crash.
Yep, it did. Glad I got out of everything for a small loss and went 100% cash. Nikkei just crashed -6%. ES_F just gave up it's 50MA. We are toast...

Kinda late to the party but I might pick up some SPXU and UVXY. Definitely shorting NFLX if it can't hold the $200 and APPL if it can't hold $430.
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      06-12-2013, 09:39 PM   #1496
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Yep, it did. Glad I got out of everything for a small loss and went 100% cash. Nikkei just crashed -6%. ES_F just gave up it's 50MA. We are toast...

Kinda late to the party but I might pick up some SPXU and UVXY. Definitely shorting NFLX if it can't hold the $200 and APPL if it can't hold $430.
Half-expected us to rechallenge the highs before we go sub-1500. I guess so far right now that doesn't look likely. Well. There's still a lot of money to be made on the downside.
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