Stock market tips and experiences

mact3333 · 10-01-2011, 12:52 PM

I expect 1100 to breakdown...then floodgates will really open up as pro's will harvest a ton of bull stops just below that level...will test 1000 very quickly.

Then we should see news from either Ben(QE 2.5 or 3?) or europe(Greece bailout) that will cause the mkts to rise for a few months...it will be violent move up and a bear mkt rally...this will be the last time you want to be long for next yr!

The ECRI says we have entered a recession again...mkts will quickly price this in...earnings will surprise to the downside this qtr.

Gold and Silver need to correct more but it is still in a bull...but this downtrend will be the last time you will get to buy at low levels before the ultimate top.

We are in a secular bear now...mistakes will be corrected for you to the downside from now on.

This chart is the most important chart you need to study....do yourself a favor and look at it...plot out 15 yr SPX chart with 75wk moving avg on it...this chart tells you which side of mkt you need to be on.

Vanity · 10-02-2011, 03:17 AM

Hrm.. Wondering if we're gonna see a tank before the last quarter. Time to monitor over seas markets Sunday night

Vanity · 10-03-2011, 12:10 PM

Was up and hour before the markets were open seeing where trader sentiment was. Didn't like what I saw. Unsure fear right now is what I'm seeing and I don't know which side the spx is gonna fall today. My guess is we're close to a big selloff but can't find the trigger for it yet.

Javi335 · 10-03-2011, 12:32 PM

Kodiak bear, i mean Kodak ... i expected some kind of shit like this but not that fast

mact3333 · 10-03-2011, 12:36 PM

$TRAN and IWM telling the story...SSEC, HSI, and DAX/CEC also saying something...and tech finally starting to break too...hmmm.

mact3333 · 10-03-2011, 12:37 PM

1100!

BTW, JPM has donated millions to NYPD to help disperse the anti-wallstreet protests...now its the young people...eventually mom/pop will hit the streets too.

Quote:

Originally Posted by mact3333

I expect 1100 to breakdown...then floodgates will really open up as pro's will harvest a ton of bull stops just below that level...will test 1000 very quickly.

Then we should see news from either Ben(QE 2.5 or 3?) or europe(Greece bailout) that will cause the mkts to rise for a few months...it will be violent move up and a bear mkt rally...this will be the last time you want to be long for next yr!

The ECRI says we have entered a recession again...mkts will quickly price this in...earnings will surprise to the downside this qtr.

Gold and Silver need to correct more but it is still in a bull...but this downtrend will be the last time you will get to buy at low levels before the ultimate top.

We are in a secular bear now...mistakes will be corrected for you to the downside from now on.

This chart is the most important chart you need to study....do yourself a favor and look at it...plot out 15 yr SPX chart with 75wk moving avg on it...this chart tells you which side of mkt you need to be on.

mact3333 · 10-03-2011, 01:10 PM

Like a said, 1100 ES here we come...

...might take some to break through but selling should be swift once this gives way as there are a ton of bull stops that need to be harvested beneath there.

mact3333 · 10-03-2011, 01:40 PM

any of you mofo's listening??...

M3Bahn · 10-03-2011, 01:44 PM

Quote:

Originally Posted by mact3333

any of you mofo's listening??...

I like the headline on cnbc.com

Think the Economy's Bad? 'You Haven't Seen Anything'

Market pessimism is reaching a fever pitch, fueled by increasing belief that global policymakers either are powerless or inept when it comes to controlling the various headwinds confronting the economy.

http://www.cnbc.com/id/44757716

mact3333 · 10-03-2011, 01:56 PM

Quote:

Originally Posted by M3Bahn

I like the headline on cnbc.com

Think the Economy's Bad? 'You Haven't Seen Anything'

Market pessimism is reaching a fever pitch, fueled by increasing belief that global policymakers either are powerless or inept when it comes to controlling the various headwinds confronting the economy.

http://www.cnbc.com/id/44757716

That actually implies we are getting close to a tradable bottom...I agree this is true...hard plunge followed by several month rally is what I am expecting.

M3Bahn · 10-03-2011, 02:16 PM

Quote:

Originally Posted by mact3333

That actually implies we are getting close to a tradable bottom...I agree this is true...hard plunge followed by several month rally is what I am expecting.

Then back down in 2012

Quote:

Bob Janjuah, the notably bearish fixed income analyst for Nomura Securities, believes that a market low is coming in October that could be followed by a late-year rise. But 2012 holds little but a bear-market roar that could take the Standard & Poor's 500 [.SPX 1108.66 -22.76 (-2.01%) ] all the way down to the 700 range—a numbing 38 percent drop from current levels.

mact3333 · 10-03-2011, 04:02 PM

Quote:

Originally Posted by mact3333

Like a said, 1100 ES here we come...

...might take some to break through but selling should be swift once this gives way as there are a ton of bull stops that need to be harvested beneath there.

Its harvest time!

The leaders such as AAPL, AMZN, GOOG, etc starting to feel the heat and breaking down.

Vanity · 10-03-2011, 04:08 PM

MY SHORTS ARE HAPPY TODAY!!!! FAZ kicking 13% return today. Expecting a big drop tomorrow. My personal position is to get out by mid week or thurs, maybe Friday. Then ride the rally up after Greece gets it's bailout!!

mact3333 · 10-03-2011, 04:31 PM

Quote:

Originally Posted by Vanity

MY SHORTS ARE HAPPY TODAY!!!! FAZ kicking 13% return today. Expecting a big drop tomorrow. My personal position is to get out by mid week or thurs, maybe Friday. Then ride the rally up after Greece gets it's bailout!!

You're learning bro...good work...

My TZA very happy today....look for TRIN to get between 5-6 before int. term bottom hit....if you dont know what TRIN is better learn it and chart it.

Vanity · 10-03-2011, 04:50 PM

Quote:

Originally Posted by mact3333

You're learning bro...good work...

My TZA very happy today....look for TRIN to get between 5-6 before int. term bottom hit....if you dont know what TRIN is better learn it and chart it.

Thanks Mact

What's Trin? Trying to find more about it atm.

Vanity · 10-04-2011, 08:59 AM

Hrmm, TRIN sitting around 2-3 from yesterday. Should be interesting seeing 5-6 this week. Spx futures down to 1074-1077 levels ATM. Euro took a nose dive. Let's make some money people!

I'm expecting no significant buyback rallies until we hit closer to 1020-30 ish, thoughts ?

Bernanke just released statement saying the Fed will be prepared to help the economy if it has to. Mact, you still holding your TZA?

mact3333 · 10-04-2011, 10:27 AM

Quote:

Originally Posted by Vanity

Hrmm, TRIN sitting around 2-3 from yesterday. Should be interesting seeing 5-6 this week. Spx futures down to 1074-1077 levels ATM. Euro took a nose dive. Let's make some money people!

I'm expecting no significant buyback rallies until we hit closer to 1020-30 ish, thoughts ?

Bernanke just released statement saying the Fed will be prepared to help the economy if it has to. Mact, you still holding your TZA?

still have all my TZA but when ES was at 1070 hedged with SPY calls and glad I did...there is alot support at 1070 so might take a few tries/bounces before this breaks...once it does, 1020 is the target where I cover shorts.

You will know its time to get long cause NEWS will drive it and shorts who dont switch will get their face ripped off..

kyleb350 · 10-04-2011, 10:45 AM

How do you think bank stocks are doing? Saw the recent news of B of A and wondered if it was a good deal to get into or if it hasn't seen the bottom yet. (very new to trading here)

Vanity · 10-04-2011, 10:47 AM

Quote:

Originally Posted by kyleb350

How do you think bank stocks are doing? Saw the recent news of B of A and wondered if it was a good deal to get into or if it hasn't seen the bottom yet.

Wouldn't touch any bank stock ATM since financials sector is one of the main sectors dragging us down. Keep waiting for more news that would banks up, like QE3 (maybe) next week?

Vanity · 10-04-2011, 10:58 AM

Bernanke you son of a bitch. Still waiting for Greek woes to kick in and waiting for this small sentence to fade away till it actually matters.

mact3333 · 10-04-2011, 02:49 PM

watch AAPL after todays disappointment...if it cant hold 340 it has HUGE implications for the mkts and society as we know it...

.

Vanity · 10-04-2011, 03:13 PM

I just sold FAZ positions at an exit price of $79.00 per share for a huge return in 2 days.

Today was a tough day in the markets. Time to wait for Fridays entry position into Greek bailout *fingers crossed*. Bernanke scared the daylights out of my shorts all morning, but it looks like FAZ was the only bear ETF that held ground today. That's all for today, I know there's a big show coming at the end of today's trade like yesterday, but my heart can't handle the volatility anymore this afternoon

10-01-2011, 12:52 PM	#2179
mact3333 Captain 126 Rep 876 Posts Drives: 16' YMB/Blk F82 Join Date: Mar 2011 Location: Portland Area iTrader: (1)	I expect 1100 to breakdown...then floodgates will really open up as pro's will harvest a ton of bull stops just below that level...will test 1000 very quickly. Then we should see news from either Ben(QE 2.5 or 3?) or europe(Greece bailout) that will cause the mkts to rise for a few months...it will be violent move up and a bear mkt rally...this will be the last time you want to be long for next yr! The ECRI says we have entered a recession again...mkts will quickly price this in...earnings will surprise to the downside this qtr. Gold and Silver need to correct more but it is still in a bull...but this downtrend will be the last time you will get to buy at low levels before the ultimate top. We are in a secular bear now...mistakes will be corrected for you to the downside from now on. This chart is the most important chart you need to study....do yourself a favor and look at it...plot out 15 yr SPX chart with 75wk moving avg on it...this chart tells you which side of mkt you need to be on.
	Appreciate 0 Quote

10-02-2011, 03:17 AM	#2180
Vanity Private First Class 275 Rep 123 Posts Drives: BMW E90 LCI Join Date: Feb 2010 Location: BC, Canada iTrader: (0)	Hrm.. Wondering if we're gonna see a tank before the last quarter. Time to monitor over seas markets Sunday night __________________
	Appreciate 0 Quote

10-03-2011, 12:10 PM	#2181
Vanity Private First Class 275 Rep 123 Posts Drives: BMW E90 LCI Join Date: Feb 2010 Location: BC, Canada iTrader: (0)	Was up and hour before the markets were open seeing where trader sentiment was. Didn't like what I saw. Unsure fear right now is what I'm seeing and I don't know which side the spx is gonna fall today. My guess is we're close to a big selloff but can't find the trigger for it yet. __________________
	Appreciate 0 Quote

10-03-2011, 12:32 PM	#2182
Javi335 Troll but nice 170 Rep 341 Posts Drives: 335i E92 Join Date: Nov 2009 Location: Returning videotapes iTrader: (0)	Kodiak bear, i mean Kodak ... i expected some kind of shit like this but not that fast __________________ There was me, that is Alex, and my three droogs, that is Pete, Georgie, and Dim, and we sat in the Korova Milkbar trying to make up our rassoodocks what to do with the evening. The Korova milkbar sold milk-plus, milk plus vellocet or synthemesc or drencrom, which is what we were drinking. This would sharpen you up and make you ready for a bit of the old ultra-violence.
	Appreciate 0 Quote

10-03-2011, 12:36 PM	#2183
mact3333 Captain 126 Rep 876 Posts Drives: 16' YMB/Blk F82 Join Date: Mar 2011 Location: Portland Area iTrader: (1)	$TRAN and IWM telling the story...SSEC, HSI, and DAX/CEC also saying something...and tech finally starting to break too...hmmm.
	Appreciate 0 Quote

10-03-2011, 01:10 PM	#2185
mact3333 Captain 126 Rep 876 Posts Drives: 16' YMB/Blk F82 Join Date: Mar 2011 Location: Portland Area iTrader: (1)	Like a said, 1100 ES here we come......might take some to break through but selling should be swift once this gives way as there are a ton of bull stops that need to be harvested beneath there.
	Appreciate 0 Quote

10-03-2011, 01:40 PM	#2186
mact3333 Captain 126 Rep 876 Posts Drives: 16' YMB/Blk F82 Join Date: Mar 2011 Location: Portland Area iTrader: (1)	any of you mofo's listening??...
	Appreciate 0 Quote

10-03-2011, 04:08 PM	#2191
Vanity Private First Class 275 Rep 123 Posts Drives: BMW E90 LCI Join Date: Feb 2010 Location: BC, Canada iTrader: (0)	MY SHORTS ARE HAPPY TODAY!!!! FAZ kicking 13% return today. Expecting a big drop tomorrow. My personal position is to get out by mid week or thurs, maybe Friday. Then ride the rally up after Greece gets it's bailout!! __________________
	Appreciate 0 Quote

10-04-2011, 08:59 AM	#2194
Vanity Private First Class 275 Rep 123 Posts Drives: BMW E90 LCI Join Date: Feb 2010 Location: BC, Canada iTrader: (0)	Hrmm, TRIN sitting around 2-3 from yesterday. Should be interesting seeing 5-6 this week. Spx futures down to 1074-1077 levels ATM. Euro took a nose dive. Let's make some money people! I'm expecting no significant buyback rallies until we hit closer to 1020-30 ish, thoughts ? Bernanke just released statement saying the Fed will be prepared to help the economy if it has to. Mact, you still holding your TZA? __________________ Last edited by Vanity; 10-04-2011 at 10:15 AM..
	Appreciate 0 Quote

10-04-2011, 10:45 AM	#2196
kyleb350 Brigadier General 429 Rep 4,709 Posts Drives: '21 X3MC Join Date: Jun 2008 Location: Milwaukee iTrader: (6)	How do you think bank stocks are doing? Saw the recent news of B of A and wondered if it was a good deal to get into or if it hasn't seen the bottom yet. (very new to trading here)
	Appreciate 0 Quote

10-04-2011, 10:58 AM	#2198
Vanity Private First Class 275 Rep 123 Posts Drives: BMW E90 LCI Join Date: Feb 2010 Location: BC, Canada iTrader: (0)	Bernanke you son of a bitch. Still waiting for Greek woes to kick in and waiting for this small sentence to fade away till it actually matters. __________________
	Appreciate 0 Quote

10-04-2011, 02:49 PM	#2199
mact3333 Captain 126 Rep 876 Posts Drives: 16' YMB/Blk F82 Join Date: Mar 2011 Location: Portland Area iTrader: (1)	watch AAPL after todays disappointment...if it cant hold 340 it has HUGE implications for the mkts and society as we know it....
	Appreciate 0 Quote

10-04-2011, 03:13 PM	#2200
Vanity Private First Class 275 Rep 123 Posts Drives: BMW E90 LCI Join Date: Feb 2010 Location: BC, Canada iTrader: (0)	I just sold FAZ positions at an exit price of $79.00 per share for a huge return in 2 days. Today was a tough day in the markets. Time to wait for Fridays entry position into Greek bailout fingers crossed. Bernanke scared the daylights out of my shorts all morning, but it looks like FAZ was the only bear ETF that held ground today. That's all for today, I know there's a big show coming at the end of today's trade like yesterday, but my heart can't handle the volatility anymore this afternoon __________________ Last edited by Vanity; 10-04-2011 at 03:27 PM..
	Appreciate 0 Quote