12.15 a.m.
Tze:
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2:11pm
Look like my AT&T short at 27.85 was triggered today… i’m putting a stop at 27.80, so i can confirm a profit… i could still see a re-test of such level before we really push lower. My stop will also trail by 35 cents from here.
2:06pm
I have been SO busy today, but boy do i love the action. You betcha this means we are likely to go lower… i want us to close below 128.25 today to start piling in short. I’m really loving a lot of my trades 
I TOLD YOU about BAC.. RETEST at 14 and then SHORT!
7:27am
Sorry was in a flight most of the day yesterday. Looking at the SPY it seems pretty obvious that the SPY keeps trying to break back above the red ascending resistance line that i drew back a long time ago. If it does so, we will get a massive squeeze of at least 1.5-2%. But it makes more sense to be neutral here, and wait for a shorting opportunity rather than get ahead of ourselves.
I got stopped out of my EUR/USD short trade with minor losses (bout 0.1%).
Keep looking at AT&T (T). I mentioned the H&S formation, with a neckline at 28… yesterday we almost broke down it.
Just remember now with such a big sell off this early and fast it just has more time to recover so don’t be surprised if it starts to come back. The Fed is a master at this and they are great with the head fakes so play carefully. JMHO
UUP up .62% today, which is a big move. Big Ben can’t hold $ down?
Midday broad market update http://bidhitter.com/futures/midday-update/midday-broad-market-update-for-1282011-es_f-spx-spy-cl_f-egpt-qqqq/
Look at my MONSTER post yesterdya. I predicted SPY 131 and MONDAY as the major top. LOOK, ONLY LOOK AND SEE HOW CLOSE prioce and time happen. ONLY afew cents from my target and ONLY oe day from my time TARGET. MARKET CRASHED EXACTLY as I told you it will.
I AM MONSTERLY MAKING MONEY. HUGE
SWBB
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2. sam says:
January 27, 2011 at 8:24 am
Market will continue to be bullish until next Monday. I wii be wrting a book and one of the techiniq that I discovered and would talk about in my book iis called Monday Reversal or MR. This is a a very new techniq that shows how market opens up on Monday with a gap up and sell off and then that is a biggining of a bear martket. I think Naxt monday 01/31/2011 SPY will go to 131 and then the real sell off will start later next week.
I have been making tons of money lately by being long. I will sell my last long position on Monday and I will go short HUGE HUGE HUGE HUGE HUGE HUGE
So to summarize, yesterday morning you said today would be up. Today is down, and you called it perfectly?
I suggest you consider buying a dictionary before you become an author.
I put this post in the same garbage heap as your HUGE HUGE prediction that the market will tank right after Thanksgiving.
MR CPA, I have benn long for 4 month making tons of moey every day. Now I am pointing out to my tome and price. Ok you are right, i was wrong for 1 day out of 4 month and i was wrong for few cents comare to tons of doolare I made..
SWBB
good god..at least you are making some progress SAM…did I just here you admit to being wrong…that is the first step in recovery…lol…and seriously what is up with your poor grammar and english…even if you had something worthwhile to say, no one can understand a thing you type
HHHHMMMMJHDFKJSHEDKLFSDNFLSDAHFK== This word means the roar of a lion. Since I am making tons of money based on big boys action I just roared HUGLY and MONSTERLY, so I just wanted to post my roar here,
SWBB
Roaring to oneself may be a sign that you may be mentally unstable.
At least I know that talking to yourself may indicate mental problems. Many homeless people in NYC share your affliction.
Whever I make tons of money that cuase me to roar, May be it it mental problem as you mentioned but I rather to have mental problem and make thousednds and thousends of dolare HUGELY instead of being who belive is not have mental problem but loss everyday.
My firend everyone in the world has kind of mental problem.
SWBB
The SP needs to hold 1290 to make a new leg for 1310 and I seriously doubt we will have another EOD Market Miraculous Recovery initiated by the Plunge Protection Team……..Next stop….1272 Here we come
Dow needs to hold 11,900
NAZ needs to hold 2720
holding my 10K TZA bought at $14.25
Looking for bottom of 1250 on SP although 1260 is support. and break below 1272 would be confirmation of Trend Change!
First post… I’m a spectator here for a long time… What made me write my first post is, this mental problems guy, Sam. All wrong predictions, very annoying posts. Rally annoying and distracting.
Idan/Woo, Can you please block this guy to post the crappy messages here? Thank you, guys.
we don’t want to block anybody.. but we’re building a new system that will allow for more efficient posts to appear first.
Consider an ignore button, for those who wish to turn off his posts. I personally enjoy reading them for their entertainment value.
Sold the ELD and NGD (both gold miners) for a 40% gain. Waiting around to see if I should go short SPY after a possible oversold bounce.
I see 1260 range as the first resistance, if we bounce from that then we’ll go up until April. If we break 1260 then I think 1225-1230 is very good resistance.
IDAN……are you licking your lips on HDB yet?
I’m adding some today
Anybody buying any shorts? My only positions are short, but realatively small. I’m currently sitting on hands, but it feels like I should add something short.
I nominate post # 8 above by torindr as the post of the day. The poster has been following the site, and the one comment he adds is to ban Sam – as he calls him “mental problem guy”.
Getting ready to sell half my FAZ position. Waiting to see if we get one more push higher to $8.80. I still think this market is going lower, but I want to avoid a bounce.
Sold 1000 FAZ @ $8.68. Still holding another 1000 shares.
added a little unleverage short – SH
01/28/11 13:51:00 FT2116961-931 BOUGHT 100 SH 43.09000 Day Executed @ 43.09
Holding 300 TZA long as smaller caps seem less stable / more volitile to me
3rd position” 500 UUP
Mr. “My firend everyone in the world has kind of mental problem” AKA Sam:
The ONLY reason I point out your errors is because you brag like you never miss a trade and you talk as if you are are raking in thousands of dollars a day. (or maybe millions).
Other people on the blog are putting real $ on the line, and some may believe you are really killing the market. Perhaps you are, but based on your posts I don’t believe you are doing any better than the masses, if that good.
From the posts you put online, I have yet to see one post from you with a trade (other than you bragging how you closed every trade perfectly).
Bottom line, most but unfortunately not all here know you are full of crap.
NFLX still rising now up 1.4% or so, wow, whoever stayed long is this must be doing very well. Reminds me of when I used to make HUGE HUGE $ on yahoo (that was true), every day, (until it stopped working).
Disclaimer: I’m short market and plan on staying that way for the intermediate term
3PM coming up soon.
Sqeeze?
Idan,
Are you adding any shorts based on todays action?
yes i did… SPY at 107.95
!!
127*.95
You made my weekend Idan
i like being in the company of sharp technical traders such as yourself. Let’s knock em dead!
Long squeeze on people buying the dip? I find stocktwits a good place to get a sense of who’s buying / selling and there are apparently still plenty of buyers of the dip.
Interesting LT chart of dow going back to 1930. The beatles song “get back” comes to mind.
http://chart.ly/u7mlu53
Chatter saying it’s the Charlie Sheen story hurting the market today.
Bought CAT Feb 95 Puts yesterday for 1.31, sold today for 2.00.
Just before the close I bought QQQQ Feb 56 Calls for 0.47. Sell limit at .70. I am expecting a small bounce into Monday. 2.5% is just too sharp a sell off not to come back from somewhat before resuming the downtrend.
SP500 futures were down about 10 points and have now come all the way back to be slightly positive as of 10:16PM. Dow futures were down over 70 points and are now down only about 5 points fair value.