Stock Market Today - Intraday discussion - Page 6091  

Quote:

Originally Posted by StockJock-e 

Im hoping this tech strength takes us up into the 1250 S&P area

 

 

Any chance you would go short at that point?  

Quote:

Originally Posted by rando 

wow 597.99 AH high.

wow....wow...and wow... my jaw just dropped.....

Google beats, but S&P doesn't seem to really care. I wonder what would have happened in Google missed.

Overall markets dropping after google beat? Did people want to sell into the pop that never happened? Or are people shorting now that its safe.

And now Finch putting out Negative Credit watch on 5 Major banks... Its all timing!  Gotta luv this crap!

Uhh....Everybody get out of GOOG fast.  There's no way it can hold a gain like that.  WOW

watch them sell off google tomorrow

damnnnnnnnnn!  Look at GOOGLE!   Was going to take a small gamble and pick up around 1k worth of OTM calls (obviously a gamble) before the close but decided not to pull the trigger.  Couldn't get out of FCX position before close too.  Hope that doesn't bite me in the ass! 

Too big of a gain for google. News not that good. Overreaction much.

Can you provide the source for this? 
 

Quote:

Originally Posted by Lago 

And now Finch putting out Negative Credit watch on 5 Major banks... Its all timing!  Gotta luv this crap!

Quote:

Originally Posted by Lago 

And now Finch putting out Negative Credit watch on 5 Major banks... Its all timing!  Gotta luv this crap!

play day by day until this market picks a direction. I'm all cash until tomorrow again. Been like this for the last two weeks.

Seems people don't care about GOOG's earning...

Futures turned negative ?    

and i sold it at 534 :/ o well gonna have to wait 4 months to buy it at 500 again

I now own 1,200 AAPL Jan 19 2013 135.0 Puts.  Break even price per share for me is $1.85.  So I need AAPL to tank within the next year.  I think it's a safe bet!!

Originally Posted by sksyen 

Futures turned negative ?    

Anything below 1199.75 ES (profiles 3sd) and we should see a fade back down.

tomorrow it may pickup again. supports at 1193.75, 1190.50, 1189

I've faded the cash close quite a bit using this strategy. 

Price will need to stay below the 3sd though. Any support on that level

and I'm out of the trade.

EDIT - I wanted to clarify that I don't trade SnP cash close. I sometimes fade ES at cash close. 

Quote:

Originally Posted by Rhythmdoctor 

I now own 1,200 AAPL Jan 19 2013 135.0 Puts.  Break even price per share for me is $1.85.  So I need AAPL to tank within the next year.  I think it's a safe bet!!

ummm its cash is equal to that.... would have been better off with a 200. and at 222k your better off buying a ferrari

So you're looking for a company with tons of cash, a 15 PE, to lose at least half of its value in the next year? Would AAPL at 200 even make those contracts worth $1.85?
 

Quote:

Originally Posted by Rhythmdoctor 

I now own 1,200 AAPL Jan 19 2013 135.0 Puts.  Break even price per share for me is $1.85.  So I need AAPL to tank within the next year.  I think it's a safe bet!!

Very interesting. Noted.

So we've seen capital move out of financials and into tech for this release... do you feel that the next transition will be from tech back into bonds? Seems like the big money is getting ready to dump back into safe havens in my view.  
 

Quote:

Originally Posted by IchibomB 

Originally Posted by sksyen 

Futures turned negative ?    

Anything below 1199.75 ES (profiles 3sd) and we should see a fade back down.

tomorrow it may pickup again. supports at 1193.75, 1190.50, 1189

 

I've faded the cash close quite a bit using this strategy. 

Price will need to stay below the 3sd though. Any support on that level

and I'm out of the trade.