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The Blackstone Group L.P. Message Board

el_capitan_of_the_club 4 posts  |  Last Activity: 17 hours ago Member since: Aug 21, 2001
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  • el_capitan_of_the_club el_capitan_of_the_club 17 hours ago Flag

    Well... hang in there. The markets are not looking that great. The market is moving without volume. Too many unknowns that can impact the markets profoundly.

  • Reply to

    if SPX hits 2110 plus...

    by fitzndahyowz 17 hours ago
    el_capitan_of_the_club el_capitan_of_the_club 17 hours ago Flag

    Hang in there. There is one more fierce sell-off before we go into a full election discussions. There is nothing in the market that will push it above the resistance. Dollar has gained quite a bit. The sales will be disappointing. Do not despair. Over a thousand points without some kind of sell-off is not a healthy siutaution for the markets anyways.

  • el_capitan_of_the_club by el_capitan_of_the_club 18 hours ago Flag

    This is where and how the money is made. When people start buying senselessly with all the issues ahead, the market is setting itself up for a top. 2116 on the S&P is critical level. I believe this will continue to be the resistance. We will see whether this level will be the case when the downside premium starts going up. This can come in as early as in the afternoon session.

    Sentiment: Buy

  • Reply to

    $50 open for Vxx?

    by fitzndahyowz Jun 24, 2016 12:44 AM
    el_capitan_of_the_club el_capitan_of_the_club Jun 24, 2016 1:04 AM Flag

    Opens at 18-19. If tomorrow had been earlier in the week, you would see it probably a bit more moderately high. Given it is the weekend next day, there will be a lot of selling. They will open the markets fairly low with the hopes of bringing buy orders, but the programs will kick into sell-gear. Monday can be worse. When the institutional investors realize that Trump Presidency is not a far-fetched idea. So now the markets will start pricing in similar results. The question is...where will the markets be done with the sell-off?

    until then, a lot of downward momentum.

    Sentiment: Strong Buy

BX
24.50-0.040(-0.16%)Jul 1 4:02 PMEDT