karennma 8,057 posts msg #91707 - Ignore karennma modified |
4/27/2010 12:12:20 PM
straken
- straken 4/27/2010 11:29:45 AM
And there she blows.....thanks Obama
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Yes, thanks for the "dips". ANOTHER buying opportunity! ..
OR ... another shorting opportunity, if you wish.
(the market WAS a "little" overbought, dontcha think?)
:>)
And don't forget to "THANK" President Obama for DOW 6K to DOW 11K.
This historical move his first year in office has made a lot of people a lot of money.
(except Obama-haters who are still searching for his "real" birth certificate)
ROFLMAO!
So, President Obama ... THANKS for the rallies, and THANKS for the "dips".
See you @ DOW 12K!
:>)
$$$$$$$$
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karennma 8,057 posts msg #91710 - Ignore karennma |
4/27/2010 1:19:38 PM
DOW = 11,020 ...
was that it?
:>)
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karennma 8,057 posts msg #91716 - Ignore karennma |
4/27/2010 4:01:31 PM
Geesh!
That was a big drop.
I almost puked up my kung pao broccoli and peanuts!
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straken 469 posts msg #91718 - Ignore straken |
4/27/2010 4:15:36 PM
(the market WAS a "little" overbought, dontcha think?)
Yep! No upside left because it is so overbought. Ditto JPs "its about fricken time"
Now that a little volatility has returned the opportunity presents itself for fast movers.
And I really dont care who is president, all politicians are crooks......but its not obama or the the thieving democrates who have revived the market. Given time the market will correct itself. If you will notice for the past three quarters company's are hitting the profit mark but missing the bottom line. This is because they are able to move pre 2009 inventory at 2010 pricing with a large reduction in cost of labor. Profit still there but missing sales targets. I assure you this will not last forever.
I guess whether you like or dislike the current administration depends on if you want your kids to have jobs, which is presently in shortage and will be for some time with 13 trillion of debt. America will be the new mexico, if thats what you want....then yes, thanks obama.
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straken 469 posts msg #91719 - Ignore straken |
4/27/2010 4:34:25 PM
PSYS will soar... and uh.. thanks obama
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johnpaulca 12,036 posts msg #91731 - Ignore johnpaulca |
4/27/2010 10:08:55 PM
It was an absolutely spectacular day for day traders, great swings, up and down. You seriously need to look at your day trading system if you didn't make money. After a big down day like today I will be looking for a sympathy bounce.
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johnpaulca 12,036 posts msg #91757 - Ignore johnpaulca |
4/28/2010 8:02:51 PM
Now we got the sympathy bounce, what now??? more selling.
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straken 469 posts msg #91759 - Ignore straken |
4/28/2010 8:56:52 PM
johnpaulca
4/28/2010 8:02:51 PM
Now we got the sympathy bounce, what now??? more selling.
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On Apr 26th over 42K of the SPY May119 puts were bought. Best I can tell less than 5K of those came back today.
Shorts where strong in many bellweathers with little cover even with the weaker VIX.
Just MHO, I think tomorrow will run + 30 to 45 DOW, 3 to 4 S&P til about the midday lull, and then we retest the 50 DMA
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Eman93 4,750 posts msg #91763 - Ignore Eman93 |
4/28/2010 10:41:54 PM
johnpaulca
- Ignore johnpaulca 4/28/2010 8:02:51 PM
Now we got the sympathy bounce, what now??? more selling.
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We shall see....... I reloaded some TZA but sold most of it near the close made a dime.....still holding a small amount
if you look at the RUT a break below 719 would be nice current resistance at 726... the RUT is still above the 20ma on the daily.
Get your crystal ball out....... is there some rule about shorting in a strong uptrend......like thou shall not......
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Eman93 4,750 posts msg #91765 - Ignore Eman93 |
4/28/2010 11:13:49 PM

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