V up, MA down. That wont last long. I wonder which one is right.See you guys...
This guy seems passionate enough about the subject of ocean acidification:http://www.seafriends.org.nz/issues/global/acid.htm
Re: NatGas chart looks interesting again/ UNG @ 5.70 newSubmitted by 2nd_ave (5074 comments) on Tue, 12/21/2010 - 11:39 #76358 (in reply to #76352)I tend to agree. It feels like I'm picking a up a pair of swim trunks in December. I'll try to leave it in the bottom of the dresser.
tof- I would check out this chart (see #76354):Re: Interesting chart newSubmitted by 2nd_ave (5075 comments) on Tue, 12/21/2010 - 11:46 #76361 (in reply to #76354)Kim2523- Thanks for posting the chart + comments.
PMX - $9.75 would've been a good entry, wonder why it's back up so quickly, false fear alarm?Maybe there aren't really any bears, just fear mongerers looking to create and exploit a ruckus?
Long RAS at $2.30...small starter position.Added last piece of BGZ at $8.89.2nd - I agree with that chart. The issue as always is timing.
PKX - Nice pop there...
great call on that Chicken. i was looking at that yesterday.
Hi Everyone,I wanted to introduce myself and make the first post. I am David's friend and he introduced me to this blog. I have been reading this blog for a while and find it very informative. I used to be a buy and hold trader in the 90's but the latest crash tought me a lesson and I started managing my portofolio a lot more actively without fear of dynamically moving in and out of positions. I tried an option collar strategy earlier this year with varying degree of success. I am currently about 70% in cash and have the following positions:SWN putMON putLong: CSCO/UNG/INTC/PFE/XOM/PLXSSmall: Jan SPY 126 PUT hedge positionMutual funds: LSBDX/FPACX/PRPFX/MLPAXI picked up today a small position (1000 shares) in AMAT for 13.90 this morning. The company has been neglected last year and is well positioned to capitalize on growth in semiconductor manufacturing. I also like its technical graph.
Welcome to the blog, Igor! Finally! :)You probably meant to say that you have a *short* put position in MON and SWN. As for AMAT, I haven't seen its graph before, but it looks quite overbought now. If I had to buy it for the long term, I would wait for the market correction (that will probably bring AMAT down to $12) and then buy it at $12. Or at least start scaling into it gradually at $13, with the intention to build up a full position at $12.
The NG traders are obviously Schizophrenic... UNG is below yesterday's low now!
Welcome Igor. I've had the pleasure of spending some time with David. You've got a good friend there. However, I hope you can hold your booze better than he can ;). BIG level here for BAC @12.87. Previous high. If it can clear here, the next target would be a gap fill @ 13.23 and resistance @ 13.63. I got to say, this is one stock that take a punch.
Nice moves in MCP/BORN.
I took a small starter position on AMAT based on some positive news this morning and a positive upward technical momentum. I am planing to scale in on any correction. I am also considering puting a sell stop on it at 13.45/13.40 just below the recent lows.
Careful....SHE'S on CNBC ;)
I guess you mean Marian? Isn't a Marionette a type of puppet with strings?
Igor - Welcome, I hope we don't throw your timing off...
MCP - Yeah, I heard about a week ago they had received a permit for a mine somewhere, no detail, didn't investigate.
AMAT - I wouldn't count on much of a pullback considering where the P/E is, not that it couldn't happen if the entire market panicked like a Madera sissy-boy.
Close..Meredith.No imbalances I can find so far.
2nd - what is your current thinking on CAF?? I recall that you traded that some time ago. 27 floor looks interesting.
Imbalances...BUY- C/WFCSELL- AA
Bought a couple of AAPL Dec $320 Calls just for fun to see if it gets a breakout rally before Christmas.
Fouled off enough pitches today to get clean single up the middle. +1.12%.
Mark Sorry for my ignorance, but what do you mean by imbalances?
+1.39%, doesn't mean much though, could easily lose that and more in the blink of an eye.
Imbalance to the Buy or sell side, a snapshot that indicates which side is more interested.
Well, RBY did well today at the end. That's usually a good sign. You wouldn't believe me, anyway, if I told you how many shares I have, so I won't. Suffice to say I bought till I about ran out of funds at %.11 to 5.15, and today was a really good day.