Stock Market Intraday Chat: Mar 5th - 9th - Page 7

My TVIX and UVXY is not getting enough push. I need more drops.... I have been waiting for this moment for 2 weeks now.

This drop barely pushed up volatility (VXX / TVIX mind you) which the only rational explanation is that the herd was prepared ahead of time for the potential of a retracement down. Meaning, puts/hedges were made beforehand, probably last week. It's a shame considering the move down we've seen so far... but I'm leaning towards it being more of a "bloodletting" than an actual change in trend.

So far, the selling feels slow and controlled. For the bearish case, I'd like to see a move back up to the regression channel support line being rejected on high volume. Otherwise, steady the course, cause up we go.

Apple not expected to raise prices for iPad 3

OH GOD.. AAPL GTFO

SHLD creating a wedge.. can someone put this POS out of its misery

excited fanboys itching to hit the buy button on any good aapl news : (
 

Quote:

Originally Posted by StockJock-e 

Why? If prices are a kept at the same level as the iPad2, that just means they will sell twice as many

 

Quote:

Originally Posted by tones 

excited fanboys itching to hit the buy button on any good aapl news : (
 

We may also have the Israel PPT on AAPL watch.

Already short FCX 200 shares and letting it ride with a trailing stop. :)

FCX at 40.11, looks like it is getting ready for a bounce. MACD on 15 min chart is about to give a buy signal.
 

Quote:

Originally Posted by FROZENOJFUTURES 

Already short FCX 200 shares and letting it ride with a trailing stop. :)

Q's teasing the 10dma

this inst a proper set up to break anything just yet.. i expect a covering and pop mid week, and then when the trend runs into the support, it might turn into resistance and send us into a lower channel. But until Friday i think we are just drifting around here..  Whatever little bit helps the longs unload..

S1 1364 - S2 1360 - S3 1355

Quote:

Originally Posted by mjoke 

this inst a proper set up to break anything just yet.. i expect a covering and pop mid week, and then when the trend runs into the support, it might turn into resistance and send us into a lower channel. But until Friday i think we are just drifting around here..  Whatever little bit helps the longs unload..

S1 1364 - S2 1360 - S3 1355

 March 09 is the lunar turn date as well...What might happen is we chop around until Friday and the jobs number is better than expected and suck in the last of the retail money then we finally get the blow off top and the market sells off on good news which is what happens alot at market tops...

I wouldn't mind at all if the week ended up down. Bears need some love too.

Give this thing a chance to relax a bit so the bears can go back to:

missed pcln.. looks like cmg creating a wedge

thursdays the greek deadline day...

it will pron continue to hit sell triggers as we come closer to the date

theres also a good chance some idiot will say something that might tank the market doen another 5%

$IYR showing alot of strength plus not seeing money flow into $TLT and the $VXX is flat...Not much fear as far as i can see..

Anyone playing silver / SLV?

silver making new LOD