Friday, October 23, 2009

October 23rd, 2009

SPY will probably open around 109.9 to 110 area. QQQQ jumped a lots due to AMZN earning from last night. AMZN shop up too. Spot gold moved up last night.

31 comments:

  1. I am long a very small amount of sso and a good chunk of LLY. not sure where this market is going, i am sure of that

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  2. I get no respect on this blog.

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  3. SPY will probably trade between 108 to 110 today.

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  4. matt, nice call this a.m., now what? watching $

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  5. pivot point is spy 108.83..dipped a little below.

    I went long upro.


    rendana

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  6. Is QQQQ trying to close the morning gap at 43.31?

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  7. this is unbelievable.

    I'm on the wrong side always. no up today or what?

    are we headed to (Resistance 1) spy 108?

    sitinged

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  8. SPY will probably drop down to 108.20 area and then bounce back up to 109.50 today or next Monday.

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  9. too funny, I am down 4 points on 10 shares of AMZN.

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  10. Heavy volume on Friday.

    Go Phillies.

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  11. cover 107.80

    I won't because next week's going to be a doozy.

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  12. dee-ou la ma low hai Goldman Sachs!!

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  13. What the hell. oh well.

    was kind of expecting up day and bull trap monday. but guess now.

    i'm closing out and shutting down today.

    i don't care anymore.

    like 80% of the time on the wrong side.rallies when i expect down, down when i expect rally.



    deracke

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  14. I am watching PFE and MRK for long trade. I missed the sell off today. Chit!

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  15. Ok, folk, the market had hit the bottom of today. The SPY bounced of from 107.76 level. It is up from here for the rest of today.

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  16. I hope you are correct. I am long LLY (still), it has been strong today, considering, but I hate fighting the tape. would much rather have been short. I have a small SSO position that I put back on at 35.9 after stopping out earlier today.

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  17. market still looks weak. crap shoot for a little day end rally.

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  18. Will it close below or above 108 today?

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  19. GCL, no such thing as a triple bottom right?

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  20. long mr. softie at 27.97 with very tight stop

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  21. The man made plane so human can fly.
    The man made space shuttle so human can walk on the moon.
    The man made ship so human can walk on water.

    Anything is possible.

    I believe in teleportation. Do you ever watch the movie, "Fly" back in the early 80s? I think it is possible. Today we are able to transmit voice, data, images by computer bits 0 and 1 wireless capabilities. Next step is to teleport concrete things. Then the final goal is living species.

    I mentioned this to my team. They laughed. I told them this is the early stage of teleportation.

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  22. The uptrend is still intact. SPY closed above 108 and QQQQ closed above 43. Did the bears got trapped below 108 for SPY? We will find out next week.

    Have a great weekend.

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  23. you too GCL....

    and sorry for letting out my frustrations on your blog.

    Go Big Blue!!

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