tag:blogger.com,1999:blog-5888907630242568925.post184068920292907692..comments2023-06-05T04:15:43.212-04:00Comments on Money Money Money: Got one more sign for our trend ...chaugnerhttp://www.blogger.com/profile/16378543210029732358noreply@blogger.comBlogger23125tag:blogger.com,1999:blog-5888907630242568925.post-59764852054387063762009-03-31T15:48:00.000-04:002009-03-31T15:48:00.000-04:00looks like 798 will be brokenlooks like 798 will be brokensamamehtahttps://www.blogger.com/profile/17905476190756761913noreply@blogger.comtag:blogger.com,1999:blog-5888907630242568925.post-23777574938158478392009-03-31T15:13:00.000-04:002009-03-31T15:13:00.000-04:00I think downleg startedI think downleg startedsamamehtahttps://www.blogger.com/profile/17905476190756761913noreply@blogger.comtag:blogger.com,1999:blog-5888907630242568925.post-74988411515018354012009-03-31T14:55:00.000-04:002009-03-31T14:55:00.000-04:00Chaugner, how does this look? 820?Chaugner, how does this look? 820?samamehtahttps://www.blogger.com/profile/17905476190756761913noreply@blogger.comtag:blogger.com,1999:blog-5888907630242568925.post-54014353714377967222009-03-31T14:24:00.000-04:002009-03-31T14:24:00.000-04:00I am out of all long positions. wait and seeI am out of all long positions. wait and seesamamehtahttps://www.blogger.com/profile/17905476190756761913noreply@blogger.comtag:blogger.com,1999:blog-5888907630242568925.post-12342776288640961062009-03-31T14:21:00.000-04:002009-03-31T14:21:00.000-04:00I agree. if it closed around 804-803 tomorrow shou...I agree. if it closed around 804-803 tomorrow should be big down.samamehtahttps://www.blogger.com/profile/17905476190756761913noreply@blogger.comtag:blogger.com,1999:blog-5888907630242568925.post-64800325669775490802009-03-31T14:16:00.000-04:002009-03-31T14:16:00.000-04:00yeap 806-808. May look for another re-entry there....yeap 806-808. May look for another re-entry there. However 804 is quite important. So I may wait on the short for a bit better confirmation.chaugnerhttps://www.blogger.com/profile/16378543210029732358noreply@blogger.comtag:blogger.com,1999:blog-5888907630242568925.post-26888306602520259742009-03-31T14:13:00.000-04:002009-03-31T14:13:00.000-04:00here comes 808 or higher?here comes 808 or higher?samamehtahttps://www.blogger.com/profile/17905476190756761913noreply@blogger.comtag:blogger.com,1999:blog-5888907630242568925.post-65467217373000455102009-03-31T14:05:00.000-04:002009-03-31T14:05:00.000-04:00short now, avg 802. Stop at 806.short now, avg 802. Stop at 806.chaugnerhttps://www.blogger.com/profile/16378543210029732358noreply@blogger.comtag:blogger.com,1999:blog-5888907630242568925.post-20026064375944867432009-03-31T13:39:00.000-04:002009-03-31T13:39:00.000-04:00may form a small head/shoulder here. So watch once...may form a small head/shoulder here. So watch once we rally off the retracement to see how high we go. If unable to break previous high short may be a good option, small entry with another entry at 798.chaugnerhttps://www.blogger.com/profile/16378543210029732358noreply@blogger.comtag:blogger.com,1999:blog-5888907630242568925.post-87025803186501737032009-03-31T13:30:00.000-04:002009-03-31T13:30:00.000-04:00not sure where to get volume on the web. Call up b...not sure where to get volume on the web. Call up broker and ask them if they have anything for that. Volume is pretty important, probably the most important indicator to use (besides my MACD of course heh).chaugnerhttps://www.blogger.com/profile/16378543210029732358noreply@blogger.comtag:blogger.com,1999:blog-5888907630242568925.post-81464820135695495882009-03-31T13:29:00.000-04:002009-03-31T13:29:00.000-04:00I just looked at SPX put premium and the spread is...I just looked at SPX put premium and the spread is about coule of dollars between ask and bid. Is this normal? or is beacuse the base price is too high?samamehtahttps://www.blogger.com/profile/17905476190756761913noreply@blogger.comtag:blogger.com,1999:blog-5888907630242568925.post-78168997322568333222009-03-31T13:24:00.000-04:002009-03-31T13:24:00.000-04:00where do get to see vol for SPX? Charles schwab or...where do get to see vol for SPX? Charles schwab or WSJ does not show volume. thanks.samamehtahttps://www.blogger.com/profile/17905476190756761913noreply@blogger.comtag:blogger.com,1999:blog-5888907630242568925.post-70933715003321264382009-03-31T13:16:00.000-04:002009-03-31T13:16:00.000-04:00not seeing enough volume on that up run, may switc...not seeing enough volume on that up run, may switch positions here, its important how we behave around the 800 once we get back down those 2 points.chaugnerhttps://www.blogger.com/profile/16378543210029732358noreply@blogger.comtag:blogger.com,1999:blog-5888907630242568925.post-55033049251696638602009-03-31T13:12:00.000-04:002009-03-31T13:12:00.000-04:00I placed a limit order for FAZ at 19.27. let us se...I placed a limit order for FAZ at 19.27. let us seesamamehtahttps://www.blogger.com/profile/17905476190756761913noreply@blogger.comtag:blogger.com,1999:blog-5888907630242568925.post-58648532881143590032009-03-31T13:06:00.000-04:002009-03-31T13:06:00.000-04:00yeah in the previous comment I had hinted that 808...yeah in the previous comment I had hinted that 808 is much more likly. I actually just went long with a small position at 799. Lets see if I can squeeze 10 points out of it.chaugnerhttps://www.blogger.com/profile/16378543210029732358noreply@blogger.comtag:blogger.com,1999:blog-5888907630242568925.post-46877746041866874262009-03-31T13:05:00.001-04:002009-03-31T13:05:00.001-04:00just broke it. I would honestly wait for a better ...just broke it. I would honestly wait for a better entry and stronger confirmation. 804 is out the window too for a good short since its very likly to go to 808 from here. I may do a small short at 804 with the assumption to average down.chaugnerhttps://www.blogger.com/profile/16378543210029732358noreply@blogger.comtag:blogger.com,1999:blog-5888907630242568925.post-41210602441330794482009-03-31T13:05:00.000-04:002009-03-31T13:05:00.000-04:00801. may be headed towards 805-808?801. may be headed towards 805-808?samamehtahttps://www.blogger.com/profile/17905476190756761913noreply@blogger.comtag:blogger.com,1999:blog-5888907630242568925.post-50757872440510238972009-03-31T13:03:00.000-04:002009-03-31T13:03:00.000-04:00799 do you think this is good short entry now?799 do you think this is good short entry now?samamehtahttps://www.blogger.com/profile/17905476190756761913noreply@blogger.comtag:blogger.com,1999:blog-5888907630242568925.post-79527312467309447792009-03-31T11:57:00.000-04:002009-03-31T11:57:00.000-04:00ok volume picking up a bit here to the downside. B...ok volume picking up a bit here to the downside. But no confirmation yet. Did a quick kiss at the 800, if we break on the upside we can get all the way to 808 so be careful with short stops. At the same time, if we are unable to break now we should remain below the rest of the day, just a question of either remaining sideways or selling off for a break of 792.chaugnerhttps://www.blogger.com/profile/16378543210029732358noreply@blogger.comtag:blogger.com,1999:blog-5888907630242568925.post-67458266050537696402009-03-31T11:48:00.000-04:002009-03-31T11:48:00.000-04:00Thank you.Thank you.Adamnoreply@blogger.comtag:blogger.com,1999:blog-5888907630242568925.post-63043807187532070722009-03-31T11:43:00.000-04:002009-03-31T11:43:00.000-04:00do not think that was the test, we have too little...do not think that was the test, we have too little volume here, its a bit odd I have to admit. At this point I would hold out short or long until we have a better confirmation. You can see how long it took us to move 8 points today - this is not enough for me to load up on shorts. Even if that means we are missing it, we can always get back in on a break of 792.chaugnerhttps://www.blogger.com/profile/16378543210029732358noreply@blogger.comtag:blogger.com,1999:blog-5888907630242568925.post-41097351857689788362009-03-31T11:40:00.000-04:002009-03-31T11:40:00.000-04:00was 799.65 the test? any thoughts on whether this...was 799.65 the test? any thoughts on whether this marked the 800 resistance? just trying to figure out if were on the leg down. thanks.Adamnoreply@blogger.comtag:blogger.com,1999:blog-5888907630242568925.post-44897702041781685012009-03-31T07:36:00.000-04:002009-03-31T07:36:00.000-04:00The volume yesterday was pretty light on the sell-...The volume yesterday was pretty light on the sell-off. I believe it may have been a concerted effort to shake out any weak hands in the financials going into the FASB meeting on Thursday. If M2M gets relaxed, that potentially puts another 30-50% upside on the banks to lead us into the next leg up.Anonymoushttps://www.blogger.com/profile/13783016625606454132noreply@blogger.com