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Stock Market Today : May 14th - 18th - Page 32

post #621 of 1030

So who's short today? 

 

not me..shoulda coulda woulda at 20 wah wah wah

Capture.PNG

post #622 of 1030
Here we are at S2 (08.75) if we get a good release here, we could see 1302 or better, that would qualify as a big flush considering this leg basically started from 1315.

ED: You know it's an ugly day when after only looking up S2 you go back and check on S3, which happens to be 20 handles lower, egad.
post #623 of 1030
Quote:
Originally Posted by rando View Post


I'd still like to see an unmistakably mammoth flush, something more than ten handles.

 

You got it. I think this is the real deal. I wonder if it's too late to short? Shortie, here I come. laughing.gif

post #624 of 1030
Thread Starter 
Quote:
Originally Posted by o7media View Post

 

AAPL just took out more support.

 

$531's popcorn.gif

 

 

AAPL is going to pop +20 when buyers step back in... the question is where?

 

I thought it would be here at $530.

post #625 of 1030
Quote:
Originally Posted by o7media View Post

I'm thinking next week is bearish again. The daily and weekly's are still showing downside. Here's my weekly Dow Jones chart:

 

15eznp.png

 

 

Pretty bearish finish there. IMO we have another 400 or so points of downside next week to around 12,400.

 

Commodities are also bearish, GLD broke a 4 year uptrend this week and has room down to $147 - $147.50 short term.

 

I'm personally in CVX puts, oil etf's (USO and OIH) failed to breakout again today and they're setting up for much more downside along with Gold.

 

 

..... my 2 cents wink.gif

 

 

Dow Daily...in the 12,400's now. Still showing just a bit more downside, not quite to 12,400.

 

Anyway, I'm all cash now. Exited my PCLN puts. Probably won't enter anything until tomorrow.

 

10xho94.png

post #626 of 1030
Quote:
Originally Posted by StockJock-e View Post

 

 

AAPL is going to pop +20 when buyers step back in... the question is where?

 

I thought it would be here at $530.

 

This is a ton of support here, I think $530 is a great buy....unless it breaks laughing.gif

post #627 of 1030
About to exit my CMG short real nice trade so far.
Added to V short at 117 it has room to go down still

PEP is hurting I'll hold though.
post #628 of 1030
Quote:
Originally Posted by StockJock-e View Post

AAPL is going to pop +20 when buyers step back in... the question is where?

 

I thought it would be here at $530.

 

May start this afternoon, but definitely going to have a great day tomorrow. :D

post #629 of 1030
Quote:
Originally Posted by OldFart View Post

my INTC 28/27 weekly straddle is looking better.....looks like all hell is about to break loose in the next 2 days...thursdays / fridays have been nice movers lately....let's keep it up

Nice.....so far
post #630 of 1030
Thread Starter 

Every single bounce has been weak today, still no signs of the bulls

post #631 of 1030

Added some SPY 131 spy calls expiring tomorrow. Looking for a bounce, just 1 day out of 2 weeks lol please! My 134 calls are a write off at this point. Coulda shorted GRPN on that big day or long gold yesterday, of course I didn't do either, too lazy sitting and praying on my losing SPY position to see the world clearly.

 

Then again, last night the futures were up big, before the spain auction and poor claims number and fed report.

 

Lots of profit taking it seems and shorts are not all wound up anymore. The money will eventually flow back into equities imo with rates so low. America will be seen as the safe haven to invest in for now.

post #632 of 1030

How Greece may unfold? Interesting article (For those that think it matters of course)

 

http://uk.finance.yahoo.com/news/eurozone-debt-crisis-greek-exit-180621057.html

 

(Edit, sometimes comments can be informative too .. on occasion)

post #633 of 1030
Thread Starter 
Quote:
Originally Posted by hermanpu View Post

Added some SPY 131 spy calls expiring tomorrow.

 

Good thing you gave it a lot of time. tongue.gif

post #634 of 1030

/es 7 handles off the lows as of now, TICKs haven't gotten above 700ish from what i seen. Bulls haven't shown their hands as of yet. Could get interesting IMO

post #635 of 1030
Quote:
Originally Posted by StockJock-e View Post

Good thing you gave it a lot of time. tongue.gif

Imagine playing those hourly expiration options, plain old knife chucking!
post #636 of 1030
The small % loss on the day for the majors feels insane. Feels like it should still be 1-1.5% down day.
post #637 of 1030
Thread Starter 

Ok, nth bounce attempt for the day, come on gents, make it count!

post #638 of 1030

a few things coming up on VWAP here, may get interested if we can get some buyers

post #639 of 1030
Quote:
Originally Posted by kylestt View Post

a few things coming up on VWAP here, may get interested if we can get some buyers

 

I'm willing to buy if you can offer a guarantee. laughing.gif

post #640 of 1030
The only tempting guarantee is that the market will sell off towards lows into the close for the fifth day running. If not... does that mean our bottom being in is now > 50% likely?
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