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Stock Market Today : May 14th - 18th - Page 19

post #361 of 1030

lol i duno if venom realizes this but... every stock at some point hits  xx.00

Quote:
Originally Posted by rst View Post

Relying on .00 for trading strategy, just a shot in the dark!
post #362 of 1030

ECB STOPS MONETARY POLICY OPERATIONS TO SOME GREEK BANKS AS RECAPITALISATION NOT IN PLACE -CENBANK SOURCES

 

 

 

We're gonna get that power flush here.  I'm still short CMG (added more today) and V.  Both underwater trades looking to turn positive

post #363 of 1030

nice stop volume on the 15min and a sick wick in the making, lets see how this candle closes

post #364 of 1030
Thread Starter 
Quote:
Originally Posted by barbellman View Post

ECB STOPS MONETARY POLICY OPERATIONS TO SOME GREEK BANKS AS RECAPITALISATION NOT IN PLACE -CENBANK SOURCES

 

 

 

We're gonna get that power flush here.  I'm still short CMG (added more today) and V.  Both underwater trades looking to turn positive

 

Gold, silver, oil all getting the smack there, but recovering.

 

EURUSD took a dive but is bouncing.. hmm, tough market today.

 

Shake and bake!

post #365 of 1030
Quote:
Originally Posted by rst View Post

Relying on .00 for trading strategy, just a shot in the dark!

It's not if you watch an equity enough, and learn what the .00 prints tell you. Generally wrong to trade against them, better to trade with them.
post #366 of 1030
Quote:
Originally Posted by Rock Sexton View Post

I honestly don't even look at the market that way anymore ..... as in what's rational, what's not.  There's really no point.  Why concern ourselves with it?  Well at least from a day traders perspective.  

Stop talking SENSE !  laughing.gif  You are quite right of course, I was expecting a little red today and was suprised. My rationale was the 600 billion euros taken from Greek banks recently would cause unease.

 

As for gas... well i'm kicking myself for not shorting coal stocks ! Gas getting cheaper and cheaper (Overall trend not monthly/daily blips) more pressure to produce energy from waste... quite obvious Coal stocks would react and go lower.

post #367 of 1030
Quote:
Originally Posted by StockJock-e View Post

Gold, silver, oil all getting the smack there, but recovering.

EURUSD took a dive but is bouncing.. hmm, tough market today.

Shake and bake!


Nice bounce so far but if you put in shorts from some of the highs today I think you will be ok lot of resistance now at those levels. Add in general fear from that headline I think the bulls have their work cut out I regain those levels today.
post #368 of 1030

CNBC Breaking News:

 

ECB stops monetary policy operations to some Greek banks

post #369 of 1030
Quote:
Originally Posted by kylestt View Post

nice stop volume on the 15min and a sick wick in the making, lets see how this candle closes

I don't trust any of today's action so far... gold bounces 27 bucks, then sheds 18, now has bounce 9?? This is ridic. THought the 1333.50 pivot would be useful but it's more like a rag doll right now.
post #370 of 1030
I was thinking about getting long S&P, was just waiting to see if they moved the 5 min POC back up, it was in low 1350s yesterday, snapped down to 1335 and I wanted to see it move up to 1337, didn't happen so I am still SOH. Should get a nice 25-30 handle move from 1330, seems like a coin flip as to which way we go.
post #371 of 1030
Russell did not take out the day session low on that flash selloff.
post #372 of 1030

Damn...Google is in full beast mode and Apple is slacking.

What in the hell is going on?!

post #373 of 1030
Here comes the slow bleed down long buyers from earlier today will be looking for exits if they weren't stopped out.

AAPL weak all day.

Market standing on one good leg pressure is mounting that other leg is starting to buckle. Strap in folks!
post #374 of 1030
Thread Starter 

I thought I would be smart getting in ahead of 1340, but that 1340 resistance held like  champ, surprising that they are respecting the trend lines.

 

I do feel that this was a good flush here, longs got stopped out, the next attempt at 1340 will succeed.

post #375 of 1030
Quote:
Originally Posted by o7media View Post

CNBC Breaking News:

 

ECB stops monetary policy operations to some Greek banks

 

CNBC now saying there are 2 headlines. One saying that the ECB has frozen assets, the other saying they're considering freezing assets. suspicious.gif

post #376 of 1030
Quote:
Originally Posted by rando View Post

It's not if you watch an equity enough, and learn what the .00 prints tell you. Generally wrong to trade against them, better to trade with them.

It may be helpful sometimes, but not a sound trading strategy.

But anything that makes you money over the long run, use it.biggrin.gif
post #377 of 1030
AAPL wants to drop below 550.
post #378 of 1030

yea i think those w/ stop at 550 are going to be mighty upset.. maybe a flush to 548

Quote:
Originally Posted by rst View Post

AAPL wants to drop below 550.
post #379 of 1030
Thread Starter 

AAPL $540 will start attracting a lot of buyers IMO

 

Let me get my chart up here in a sec

post #380 of 1030
Quote:
Originally Posted by StockJock-e View Post

AAPL $540 will start attracting a lot of buyers IMO

Let me get my chart up here in a sec


Make sure those trend lines are THICK, SJE biggrin.gif
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