Stock Market Intraday Chat: Apr 30th - May 4th - Page 4

 

 

 

 

Played a lottery ticket today $ANO @ 0.29 :-)

 

 

Its hard to ignore silver here.  EXK looks the best as it dipped into the no supply zone last week, with today looking like a kickoff day with high volume coming on this mornings 4 hour candle.  I couldn't resist, picked up 100 shares at 8.77 this morning..setting a stop a penny under today's low and targeting $10.  

 

GOOG lod, really getting some selling pressure today

Always hard to ignore silver, but I agree here it is especially tough. EXK moves so fast and hard it is a good one to pick. I went with AG as a longer term play, want to fish for EXK a little lower but risk missing a run as a result.

ED: Also the CDE range play mentioned by someone else last week is might tasty. SSRI and PAAS are going to test your tolerance of a downtrend, no shame in waiting for a clear turn on those.

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Nice volume on SPY... *in Borat voice* .... NOT. The selling today looks fairly non-threatening IMO.

SPY daily looking a bit like a Big W bottom or Dragon pattern... both bullish... going to dig deeper into that tonight.

.00 low in AAPL with a few min to break it down. Know u can AAPL.

it's a bull rally and everyone's invited.

 

 

interesting. I'm watching my ichimoku charts and they are showing a test of the highs in the next day or two. MACD supporting this it appears.

 

Also watching /GC to test 1690 sometime this week as well, and inverted H&S on GOOG's 4hr/daily charts potentially starting its move tomorrow.

man this thread used to get 40-50 pages weekly.. what happened?

 

 

market broken come back later

Apple stopped going up $15-30 everyday. Really, that's all we ever talked about in those 40+ page threads, lol.

 

 

people stopped arguing everyday.

 

I will simulate 40 pages for you:

 

"Look at this, just look at it!!!! This is the most important level to look at!!!!!! DO YOU SEE IT??????"

 

"What are you high on? That's not right!!! That doesn't matter!!!!"

"Hahahaha, that doesn't matter? And you call yourself a trader?" 

 

"Omg, why'd apple stop going up? I thought it was going to $1000?!?!?!?!?!"

 

"SHIT I LOST $666 BECAUSE I WENT LONG TVIX"

 

"Hello traders. My name is Alfredthegreatpigeon and I have come across this excellent stock, ABCDLOOKATME. It is currently trading at a discount of $0.00001 and I believe that this could be the next AAPL. They make masks out of pigeon droppings for industrial uses and it is a very profitable business. Buy now before you miss out."

"aperson: 95% sure that APPL to $600 by end of week. Then $700 on Sunday before we go to $1000 next month. Bye bye triple digits!"

1 day later...

"aperson: Hahaha, look at all of these idiots selling AAPL. FINE, let's go to $500!!! $500 by end of the week!!! I want this to be lower!!!!!"

5 minutes later.....

"areader'sthoughts: wtf this guy said the opposite yesterday. I'm not going to post because I listened to him and went long AAPL and just lost a quarter of my student loan because I was on margin."

 

"I'm bored and the markets are closed. Who likes cars!!!!"

 

Edited by chhansen - 5/1/12 at 12:04am

lol nice summary hansen.

 

Market was pretty dull during the New York session today. 

Nothing really to talk about other than off topic stuff. 

Good week so far. Going to try ES today.

 

http://www.hotstockmarket.com/t/208213/ichibombs-stuff/100#post_2856709

 

 

 

Don't rock the boat tones. It's doing just fine.

 

 

 

LOL

 

Sick bounce in AAPL, $8 in five minutes off some nice early selling. Looks like a lot of traders waiting for that 50 SMA test might be crestfallen today.

BREAKING: US ISM Manufacturing better at 54.8 vs 53.4 last mth

Good grief, well that's one way to get in ten handles really quickly.

I've never seen a 5min candle like that on the SPY before.