2:20pm
EUR – USD hourly breaks ascending support line for the first time in a few weeks… where do we go from here:

Intraday Commentary ~ 10/11/2010
– October 11, 2010Posted in: Intraday Commentary, Stock and ETF Models
2:20pm
EUR – USD hourly breaks ascending support line for the first time in a few weeks… where do we go from here:

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good morning to all
no wonder Idan is such a great trader, he is time traveler – October 12
Very strong analysis from me last week. Everything did happen exactly as i said. i told everyone that each sell off will follow with strong rally and should be bought, and exactly i did thta. I bought a huge weekly spy call in a every deep and made tons of money.
Now this week. I am still alittle bullish and that is why i still have some long. looking for my inportant trend line that i showed you to be reached and then i am going to load a huge amount of short, but be careful as the rolll over can happen at anytime.
As i said i booked most of my long and now just hold a few long for a final flash rally
SWBB
sam,
do you mind posting the level you think all three indices are going…your target(s)…as it is very hard to tell exactly where you think the top is on your hand drawn charts….and when do you think this big fall is going to be,or are these tops you speak of, are they more buy the dips with pullbacks….wondering if you could be more specific?
chicagochris, your best strategy here would be to ignore sam’s posts.
he’s full of fake trades and nonsense.
He has a time machine, can see and post into the future and then jump back to correct
his past whilst ignoring his bad&silly/destructive trades. He shorted gold a hundred dollars
lower and then just ignored, no cover, no termination. Ditto Bidu.
Look for silver to take out 30 in next 60 days, this market is program driven and impossible
to time, why bother shorting? If your bearish plunge into Silver or Palladium instead of blowing
money on puts.
FWIW, I am surrounded by very rich geniuses and very few own bullion, this tells me we can
see an easy quadrupling in PM prices and a possible tenfold on a parabolic panic upward.
SAC.V south american silver and PAL/SWC for the palladium plays.
I agree that its best to ignore the braggart boy.
Thanks for the advice, but I was asking out of curiousity, not to base my trade(s) around it…..as I will give sam the credit for posting accurate predictions, they seem to be a little late and usually posted vaguely and then more specific once futures or news is known…I was giving him the opportunity to refine his prediction…his chart, as it is hand drawn, could cover a range in the top and this big fall could happen anywhere froma week to a couple of months…though, if he was that good, he could share a narrower more specific prediction. I don’t think he will as I have asked before with other posts with no response from the BIG BOY SWINGER
idan or anyone else….where do the options have oil at expiration…strike?
hi, woo or mind the gap
THe wynn looks topped. I want to load some put. How do you think about this?
i think you can short this here.
i would place stops on the short around 14.
9.22 looks like the first major support after the 11.60 200ma.
if 9.22 breaks, we could see a much bigger collapse.
wynn current price is $98.02, I don’t know $14 is ???ticker
haha. for some reason i was looking at mgm. sorry about that. let me look at wynn. LOL
I wouldn’t hold WYNN above that trend line we’re currently above. If we drop back below it, then you can short, but at the current moment, it has support.
* 60 Minutes: Business Videos high-frequency trading *
http://www.cbsnews.com/video/watch/?id=6945451n&tag=related;photovideo
I am looking at DOW. It is just 200 point away from april high. I assume we will have a very nice war bwtween bulls and bears in this area. What I am waiting for is just a quick short covering rally toward 11100 on DOW so I can load a huge amount of Nov or Dec short. Thai will be a golden opportunity if big push a little bit harder. Bulls are very strong and they can push harder i think. Hopfully after INTC earning we can get the fake rally I am looking for
Anyway I do not look for short until I get confirmation, and when I get confirmation I will let you know
SWBB
Exited my Ford calls today
Nov F Call $14 : Bought @ 0.19 Sold @ 0.54
Profit 148% after commissions.
Likely to expire worthless this Friday, BIDU Oct puts, FAZ Oct calls.
Still holding Nov VZ puts, BIDU puts, Dec Citi calls
great job on those ford calls!
Percentages increase in each stock’s lowest end-of-2009 or 2010 buy point through October 8th, 2010:
Baidu.com (BIDU), Up 130.81%
Acme Packet (APKT), Up 130.16%
Radware (RDWR), Up 92.77%
Fifty-One Jobs Inc (JOBS), Up 80.81%
F5 Networks (FFIV), Up 75.12%
NetFlix (NFLX), Up 72.00%
Chipotle Mex Grill (CMG), Up 65.64%
Priceline (PCLN), Up 62.95%
Credit Acceptance Corp (CACC), Up 59.62%
Las Vegas Sands (LVS), Up 58.45%
TRW Automotive (TRW), Up 50.66%
ArcSight Inc (ARST), Up 49.83%
Clearwater Paper (CLW), Up 46.26%
Tenneco (TEN), Up 44.80%
VMWare (VMW), Up 44.11%
NetApp (NTAP), Up 43.75%
ARM Holdings, (ARMH), Up 40.15%
Lubrizol (LX), Up 38.91%
Apple (AAPL), Up 37.38%
Banco Marco (BMA), Up 36.80%
GIII Apparel (GIII), Up 35.75%
Joy Global (JOYG), Up 35.17%
Actel (ACTL), Up 34.77%
OpenTable Inc (OPEN), Up 34.12%
Atlas Air Worldwide (AAWW), Up 34.00%
Bucyrus Intl (BUCY), Up 33.71%
Home Inns & Motels (HMIN), Up 33.15%
Verifone Holdings (PAY), Up 30.94%
Jinko Solar (JKS), Up 28.65%
Alliance Holdings (AHGP), Up 26.26%
Lulemon Athletica (LULU), Up 26.01%
Isilon Holdings (ISLN), Up 23.63%
Cummins (CMI), Up 21.53%
Companhia de Bebidas (ABV), Up 21.23%
Cirrus Logic (CRUS), Up 21.04%
Panera Bread (PNRA), Up 20.34%
Riverbed Technology (RVBD), Up 19.08%
Solera Holdings (SLH), Up 17.91%
Millicom Intl (MICC), Up 16.51%
Cliff Natural Resources (CLF), Up 14.59%
Akami Technology (AKAM), Up 14.25%
Ebix (EBIX), Up 13.54%
Ford Motors (F), Up 12.52%
CNOOC Limited (CEO), Up 10.27%
percentages indicate the increase in each stock’s value above my lowest 2009 buy point through December 31st, 2009:
#1 Baidu.com (BIDU), Up 210.11%
#2 Apple (AAPL), Up 121.59%
#3 Green Mountain Coffee (GMCR), Up 105.73%
#4 Priceline.com (PCLN), Up 105.41%
#5 Amazon.com (AMZN), Up 105.26%
#6 F5 Networks (FFIV), Up 95.39%
#7 Home Inns & Hotel Mgmnt (HMIN), Up 92.33%
#8 Longtop Financial Technologies (LFT), Up 88.88%
#9 Google (GOOG), Up 88.10%
#10 Diedrich Coffee (DDRX), Up 80.57%
#11 Credit Acceptance Corp (CACC), Up 74.76%
#12 Ctrip.com (CTRP), Up 74.59%
#13 Cerner (CERN), Up 73.78%
#14 Red Hat (RHT), Up 73.30%
#15 Starent Networks (STAR), Up 69.63% (thru 12/12/09)
#16 Newmarket Corp (NEU), Up 68.75%
#17 Cognizant Tech Solutions CL A (CTSH), Up 64.18%
#18 Netlogic (NETL), Up 63.35%
#19 Lumber Liquidators (LL), Up 61.54%
#20 H M S Holdings Corp. (HMSY), Up 58.70%
#21 National Presto Inds (NPK), Up 57.57%
#22 Abovenet (ABVT), Up 56.53%
#23 Life Technologies (LIFE), Up 56.25%
#24 Edwards Lifesciences (EW), Up 50.70%
#25 Bucyrus Intl (BUCY), Up 49.56%
#26 Synnex Corp (SNX), Up 47.73%
#27 Blue Coat Systems (BCSI), up 44.21%
#28 Mastercard (MA), Up 44.17%
#29 Visa (V), Up 42.21%
#30 Ebix Inc (EBIX), Up 40.52%
#31 Tech Data Corp, (TECD), Up 39.49%
#32 Quality Systems (QSII), Up 37.90%
#33 Steve Madden Ltd., Up 35.21%
#34 Arcsight Inc (ARST), Up 33.65%
#35 Dolby Laboratories (DLB), Up 27.52%
#36 Asianflow Holdings (ASIA), Up 26.88%
#37 Intuitive Surgical (ISRG), Up 26.65%
#38 Vistaprint (VPRT), Up 26.33%
#39 Harbin Electric (HRBN), Up 26.24%
#40 Hi Tech Pharmacal (HITK), Up 23.30%
#41 Bio-Reference Laboratories (BRLI), Up 22.83%
Flash crash 2, no one wants to believe it (now on CNBC commentary), but makes sense in this environment. Best way to weed out retail investors, day traders, small bankers, etc. Everybody loses except Big Boys. New normal, with current administration. Trading done based on programs, throw everything else out the window. Can’t tell when, but coming soon!
My bad, even CNBS(C) has taken the articles off the board. No surprise.