Comments on: Intraday Commentary ~ 03/11/2010

By: Burned Bear (very toasted)

Burned Bear (very toasted) — Fri, 12 Mar 2010 04:05:55 +0000

…agree…I don’t care about those cycles….listed them only for fun…

By: Jimbho

Jimbho — Fri, 12 Mar 2010 03:37:57 +0000

1% is nothing. No risk reward.
Funny, last year at this time no one had a Bradley turn date, now suddenly the
world is call a bradley reverse day. They don’t work, never have.

By: Jimbho

Jimbho — Fri, 12 Mar 2010 03:34:33 +0000

I just removed my options and short authorization. too destructive.

Takes 2 weeks to register if i decide to put it on again. Did it at TDWater
and Etrade. Forms just going in to Interactive. I don’t even want double
inversers, screw it.

By: Jimbho

Jimbho — Fri, 12 Mar 2010 03:30:58 +0000

You wrote naked calls.
Careful, keep an eye on that!!!

FSYS and SNV made my day but shorting the SPY screwed it all up.

By: zee

zee — Fri, 12 Mar 2010 03:29:32 +0000

burned bear.. you may have just discovered the holy grail.

By: Burned Bear (very toasted)

Burned Bear (very toasted) — Fri, 12 Mar 2010 03:19:32 +0000

According some historical data, bears will suffer some additional days. At least until tomorrow….

http://blog.stocktradersalmanac.com/

lol…I remember all those cycles….phi date…moon phase…what is the next?…..woman periods?….

By: Burned Bear (very toasted)

Burned Bear (very toasted) — Fri, 12 Mar 2010 03:13:16 +0000

…I agree 110%…

By: Burned Bear (very toasted)

Burned Bear (very toasted) — Fri, 12 Mar 2010 03:11:27 +0000

…sad to hear it….I am already having huge losses

By: zee

zee — Fri, 12 Mar 2010 02:42:09 +0000

To everybody who is tired of being short, realize that it’s not suppose to be easy. The whole world knows SPY 115 is resistance. You think they’re going to tank the market as soon as we touch it? Give it time. Give it volume. But more importantly, be patient. Patience pays. One of these days we will drop 1% (I know, this sounds impossible now but that’s what MMs want you to think) and you’ll be kicking yourself..

just trying to help.. turn date is march 9th.. then again the 1 year cycle could be in play, if it is it means a 300 point correction will start (sounds stupid I know)..

Oh yeah a word about turn dates, when analysts call them, the market is not suppose to drop 2% on the exact date.. all it means is that there is a higher probability for a reversal.. and in a game of stocks.. you want as high of a probability of a trade you can get..
I know I’ve mentioned being short calls, however they are OTM.. one of these days the market will fall 1%… and then ill be happy.

By: nastrades

nastrades — Fri, 12 Mar 2010 02:41:24 +0000

no really I am not kidding… what i meant is to block order type sell short… I want to get over with the fears of seeing everything crash the sec i go long… it’s been a year i been fighting this war but i can’t win