SPY had trouble breaking above 109.75. If it does, it will go back up to fill the yesterday morning gap. If SPY breaks below 109, it is going back down to 108.
108 sure would be great:) I need a winner to end out the week. O for four this week. had some scalpable profits on two days, but was going for a bigger move and they all went negative on me.
Matt, u r killing me! LOL.. Back in the day at the daytrading shop, I had the filthiest mouth.. the louder I cussed, the more I knew I was on the wrong side of the trade. When I got to my boiling point of being wrong, I would book my losers and go long or vice versa. It was a great trading strategy. Now that I am quiet, and trading at home, I don't "feel" the pain and hold my losers too long. bouncing off 109. wtf?
How much do you all think OPEX will play into todays market movements. I would hate to see a jam job at end of day. Not sure whic way they are gonna take the market with OPEX. If we spike lower, I will cover half of my positions just for this reason. hope I get the opportunity
Should have stuck to my guns and held..but spy flipping back under 109.39 was enough to scare me. it had some resistance there, then some support and then none..
oh well.. left some on the table..
on vacation next week.. will be trading at 'home'.
As of right now, SPG has broken its one month uptrend line. DRV and SRS could be a good play next week. Along with TZA...small cap triple short fund. professor from CA just detailed what I have been saying about small cap stocks, they are underperform the general market and internals are deteriorating.
I hope we gap up huge monday, rally to fill that damn gap and then short entry there. Prob. is it is a Holiday week and not sure if the powers that be will be able to hold market up thru holiday shortened week.
Chit! can they break 109...PULLLEASE!!! long SPXU, TZA, SRS, QID....again. glutton for punishment...
ReplyDeletei'm looking for possible reversal at 109 back to 109.50 or so.
ReplyDeletei have another coworker lunch today. i hate lunches.. haha
109 appears to be line in the sand for now.
ReplyDeletecome on 109.08 break BIATCH!!!!!!!!!!!
ReplyDeleteNow you are talking. Lets stop with the BS and get this thing rolling. I am tired of this Chit!!!
ReplyDeleteJust like clock work...here come the buy programs. damn it!
ReplyDeleteDIEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE
ReplyDeleteMUTHAFAWKERS!!!!!!!!!!!!!!!!!!!!!!!!!!!!
108 sure would be great:) I need a winner to end out the week. O for four this week. had some scalpable profits on two days, but was going for a bigger move and they all went negative on me.
ReplyDeleteGS, CAT, IBM all near or at lows. wtf is holding this chit upp???
ReplyDeleteDIEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE
ReplyDeleteU STINKY WHORE!!
Matt, u r killing me! LOL.. Back in the day at the daytrading shop, I had the filthiest mouth.. the louder I cussed, the more I knew I was on the wrong side of the trade. When I got to my boiling point of being wrong, I would book my losers and go long or vice versa. It was a great trading strategy. Now that I am quiet, and trading at home, I don't "feel" the pain and hold my losers too long. bouncing off 109. wtf?
ReplyDeleteMy favorite stock price indicator is hitting low of day (PCP)
ReplyDeleteLook at CVX, hanging on a cliff...
ReplyDeleteHow much do you all think OPEX will play into todays market movements. I would hate to see a jam job at end of day. Not sure whic way they are gonna take the market with OPEX. If we spike lower, I will cover half of my positions just for this reason. hope I get the opportunity
ReplyDeleteAll front month - sold the 107 puts at 8 cents yesterday and paid 20 cents for the 109's this morning.
ReplyDeleteI need death.
I think that's it for today.
ReplyDeletebought some DRV here, with tight stop on half of position. looks like dollar is trying to roll over. damn
ReplyDeleteI booked about 20 percent of my short positions near 109 ish, and gonna try to hold on to the rest for awhile (until 109.60 or so). this sux
ReplyDeleteIs SPY going to trade between 109 and 109.75 for the rest of today?
ReplyDeleteYes
ReplyDeletei got in on the last SPY did
ReplyDeleteUPRO @ 140.13
dionis
Shooting for Nov SPY 109 calls at 2 pm.
ReplyDeleteI have BIG BALLz.
i got out.. +$1 on UPRO
ReplyDeletecould have had $1.50
inchype
Should have stuck to my guns and held..but spy flipping back under 109.39 was enough to scare me. it had some resistance there, then some support and then none..
ReplyDeleteoh well.. left some on the table..
on vacation next week.. will be trading at 'home'.
busacur
damn, I am out. basically flatted day, maybe made a little. chit! but first day i made a penny all freakn weak.
ReplyDeleteI think todays strength is options related and am going to try and short again monday. hopefully, they will give me a decent entry point for a change
ReplyDeleteAs of right now, SPG has broken its one month uptrend line. DRV and SRS could be a good play next week. Along with TZA...small cap triple short fund. professor from CA just detailed what I have been saying about small cap stocks, they are underperform the general market and internals are deteriorating.
ReplyDeleteI hope we gap up huge monday, rally to fill that damn gap and then short entry there. Prob. is it is a Holiday week and not sure if the powers that be will be able to hold market up thru holiday shortened week.
ReplyDelete