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VIDEO: Is the dow getting ready to crater?
http://www.ino.com/info/550/CD4204/&dp=0&l=0&campaignid=3
Daniel Shporin
4:09PM
/TF- I got hit on a trailing stop and secured profits about where we are trading now–717.8. We got as low as 713.8–I’m holding 1 contract short over the weekend. Ideally, I’d like to take profits at 700 as early as Monday/Tuesday. Friday action like this usually warrants a Monday follow through.
3:00PM
I just got short 2 contracts of /TF at 721.8. I’d like to take about 3-5pts on one of them, but I’ll hold both over the weekend if it doesn’t work out that way– stop above 738 , today’s high.
Idan
1:08pm
FSLR TRADE IS OVER: $124 entry point and stopped out at $145.50.
1:03pm
POT is a stock that broke out of an inverese H&S formation but due to market weakness it’s going to retest the neckline once more at 111.30-111.60. This is a great buying opportunity with a stop below the $111.00 levels:
1:01pm
Idan says that he believes AMZN is a weak stop and GOOG might be stronger. A pairs trade would be to take GOOG long and AMZN short. Tighten the stops on both sides as the stocks move your way.
Idan will be on live at 11am today – limited capacity at 50 **make sure you get your spot!**
Idan
11:56am
H&S formation on the 10 minute FSLR. A break of 146 would indicate a reversal pattern and a chance for this stock to go lower. My stops are in the 145.50 for the long that i took at $124:
10:38am
GS chart looks horrible, it’s trading back again below the trendline making a new low, this could be the catalyst for dropping the whole market.
10:32am
AMZN breaking down here like we mentioned it would yestrday on the 60 minute. Take a look at all the H&S formation. Also Visa broke down:
12:00am
Visa has had a magnificent run from the low 40s to the mid 90s but it might be time to see this stock start a first wave lower. With the red ascending line breaking the stock has already promoted a traders to think bearish of this stock but with a break of my blue line comes a completion of a H&S formation on the 60 minute and then I expect strong sell offs to follow. The blue line should hold $92.80 on the hourly.
Idan & Company – I’m up 13% shorting Sothebys (BID). You guy’s made a great call on that one. Are you still holding?
we got stopped out with like 9% gains.
looks like last day of month is again a downer..
took a small short position in June GC at 1181 with a 2,5 point stop.
still short SPY MAY Put spreads and short some europeen stock markets.
Happy WE to everybody !!
I think I’ll buy the dip, JK.
Looks like the boys at Goldman Sacks lost track of the market. They are a little distracted at the moment shredding documents. I’m sure it will be back to business as usual on Monday.
Have a great weekend!
you know you might be joking but gs could be shreding doc. as we speak.
No actually the rats are trying to figure out which floor to jump off of. ROTFLMA
Would not surprise me if they have a team of IT professionals working on scrubbing the servers this weekend.
Pure speculation on my part but I could see it happening.
What really surprises me is how far this has gone with GS. I never would have thought the SEC would pounce on GS to this degree. I always thought that the SEC, GS and the FED were related like 1st and 2nd cousins. The ranks of the FED and SEC are filled with GS alumni. This whole thing is odd.
More than 100 times i told you long GLD short s&p. I made a HUGE profit playing this and i told you this strategy 100 times from several days ago. Jus sold all my position with a HUGE profit this week. SWBB and GOEWB
Have a good weekend
ITYS
Sammy and the zee-bots recording here. . . .
http://www.youtube.com/watch?v=-VhuhdggrhE&feature=fvw
haha, you just had to finish the month off with the “i told you”
3 banks fail in puerto rico, 12 billion, 6 billion and 2.5 billion and now we wait for the close of after hours for the rest.
This is a second retest of the ascending channel and guess what? We ended below it but just one candle. VXX is doing great and shall continue to do so I expect it would hit 30′s within next month or so. I am currently trading short the following positions:
VXX Base cost @19.77 (in positive territory)
TZA Base Cost @ 6.35 (in negative territory but soon to recover)
Long FTK Base cost 1.78 (in positive territory) but soon to close if it falls below 1.95.
I was lucky enough to close my short position in BIDU two weeks ago for a loss (shorted at a base cost of 617 closed my position at 637 or so). I am monitoring this stock now that it has hit 700s and this thing is way overpriced. I might try shorting this stock again next week since in a down turn it should lead the pack down.
Other shorts that are good to try are AGM, F, MFE, FSYS, JAH, CYT
reply asking for it
Many thanx to the thousands that have emailed expressing disgust with zee and thanking me for
driving his lying 3rd world persona from here. My experiences in the Israeli Defense Force includes
dealing with rock throwing, lying muzzies.
You can all stop thanking me for the 400% gains in DEAR LEI over the past 3 weeks, lets work
together to find the huge winners of the future. Did i mention my amazing calls on IOC long before
anyone heard of it? The four bagger that ended up being?
ITYS.
1st time you seen futures over the weekend.
Well look at them now +44.00. They agreed to bail Greece out for 145 billion Weeeeeeeeeeeeee!http://www.msnbc.msn.com/id/36896504/ns/business-world_business
The futures were never down since they were not even open when that guy posted. They just opened a few hours ago and I think they have been green the whole time.
THEY HAVE COME DOWN A LITTLE BIT. NOW THEY ARE +19. Asia and Europe are pretty much red.
THE DOLLAR IS UP ALOT NOW AS I SPEAK 82.23 +.41