259 Comments

1. 3min

   Posted February 13, 2009 at 3:55 PM

   I’m really thinking Long Oil is a good play….

2. woo

   Posted February 13, 2009 at 3:59 PM

   at the very bottom of my wedge trendline…

   • Schweizer135

     Posted February 13, 2009 at 4:02 PM

     You keep moving it!!!

     No Fair!

     

     Have a good LONG weekend.

3. Cycleburner

   Posted February 13, 2009 at 4:00 PM

   CLIFF DIVE INTO THE CLOSE!

   NICE!

   • farsighted

     Posted February 13, 2009 at 9:08 PM

     yeah, darn it! wrong again! LOL! (ouch)

4. Richard (permabear)

   Posted February 13, 2009 at 4:00 PM

   ok,

   did not buy back all TWM on this “bearish close” .. bearish close under 830 tells me we are heading higher. or at least trying to head higher.

   good luck trading

   enjoy your days off. this is giving me a headache

5. 3min

   Posted February 13, 2009 at 4:00 PM

   man, talk about ‘saved by the bell’!

6. Annoyed No Longer - but don't test me

   Posted February 13, 2009 at 4:01 PM

   And S135 takes the Friday title with a slight drop in the final minute.

   • woo

     Posted February 13, 2009 at 4:03 PM

     puahaha. we have to see tuesday! it’s about tuesday.

     we might see a BIG red on tuesday….lol…jeesh…going to be a scary tuesday morning.

   • Schweizer135

     Posted February 13, 2009 at 4:04 PM

     Slight?????

     I knock him clear across the Nov uptrend line. !!!!!!!!

7. daytripper

   Posted February 13, 2009 at 4:06 PM

   SRS was screaming into EOD

   • transform (neutral) 2012

     Posted February 13, 2009 at 4:34 PM

     I let them have mine.

8. Richard (permabear)

   Posted February 13, 2009 at 4:18 PM

   that bearish end of day close give the market psychology left Jab to WOO. for me it is a tell that we gap up the next day. that is my request i want a wee rally before the dive.

   • Richard (permabear)

     Posted February 15, 2009 at 1:54 AM

     after further analysis id like to remove this foolish remark

9. transform (neutral) 2012

   Posted February 13, 2009 at 4:24 PM

   I ended up selling SRS into the close. Haven’t tallied it up but I think I made about 15%. That was good because it made up for the loss on FAZ, but that actually also rallied nicely into the close. It was Uners, Dan Eric, Woo, who I saw defecting over to the bull side that convinced me to get out. So I sold completely out of FAZ and SRS (small profit). Took a loss on IWM puts. And took a small loss on TZA.

   Not bad. It wasn’t a disaster, which it could have been after yesterday’s PPT last hour surprise.

   So I’m left holding a little TZA and BGZ going into Tue. If we gap down, I’ll unload the rest of it. Once we get done with all the OPEX nonsense next week and if the wave count looks right I’ll re-enter short positions.

   • transform (neutral) 2012

     Posted February 13, 2009 at 4:26 PM

     BTW Woo. Unless it’s a trade secret of yours, can we get your wave count, a larger view perhaps? I know myself and others on this board aren’t clear on what it is or where you are starting from. thanks in advance.

10. Davey

    Posted February 13, 2009 at 4:28 PM

    Regarding the “stimulus” passage….

    http://www.youtube.com/watch?v=CvnwOjDjnH4

    • BigRedRoo

      Posted February 13, 2009 at 7:11 PM

      …everyone heard that it wasn’t stimulating reading I guess…

    • Brian Sharma

      Posted February 13, 2009 at 7:41 PM

      That was dirty, but those assholes dont really care… They dont lose their jobs that easy and after serving 2 terms I believe they get a retirement pension of more than 60K a year!

11. Gilmore

    Posted February 14, 2009 at 6:36 AM

    While your opinion may be valid, can you keep those kind of comments for the Yahoo board?

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