any time you can book a profit with ANR please do so! same thing happened to ACI, remember if you don't book profits, the HFT's will! jmo and g/l
hey al, thanks for the reply!
what ever! Grece has a GDP of about $281B greece population= about 11M
Hey rich,today was a melt up/down day very little volatility,you had a 30 cent gain? you didn't take it $$$? you were actually ahead? and you didn't book $?? leave now before its to late!jmo
hey joe, thanks for the reply, as far as manipulation,yeah tell me about it,white collar crime pays very very well! JMO
i couldn't believe how this came back after touching low 35's! thanks!
we call that cramerization, when cramer talks, you run like h""L in the other direction, cramer is a snake oil salesman!jmo
hey rurk, what made WLT bounce of the lows? exhaustion?
hey ralph, i agree with you,you're probably the most accurate,even handed person on this board, this market is on fumes,i mean mean Heavy,No volume,seriously what kinda idiot is going to buy stocks at a all time high? just saying! jmo and g/l.
R3=8.69
R2=8.54
R1=8.27
PP=8.12
S1=7.85
S2=7.70
S3=7.43
CLF AND WLT ARE GETTING A BEATING AGAIN, commodity space=brutal! JMO
@ the open UVXY shot down to 8.25,then the S&P dropped, and UVXY pooped,a quick 37 cent gain on a 1K shares. the market is at all time highs and UVXY @ all time lows, good risk reward. UVXY is still a day trading product,always was, always will be! For day traders , be glued to your screen,watch for a pull back in the S&P and a quick pop in the UVXY,either thursday/friday /monday, you will get 1-3 decent trades. be patient, have stops, and pray. Do not hold over night , too risky, but again, the Volume is drying up , today XLF traded 24M shares!That XLF volume was lowest since Dec,24,2012, christmas eve? what does that tell you? only people in this market right now are the HFT's. so keep you eye;s and ears ready,pick your spot,remember tuesday, a very nice trade, people who are patient with UVXY, meaning keep it on your radar,you may just trade it 1-2times a week, you can do very well with UVXY, providing you wait for the right spot, jmo,and remember , do not hold UVXY over night,too risky!jmo
psps, UVXY is a interday trading product only, do not hold over night 80% of the time UVXY will drop next day! some days its best not to even try to trade UVXY, if the market isn't moving, just melting up/down, not enough momentum is happening, thats when the algo's grind away your $$$$. how do you know? watch for a nice igniting candle,and remember better to come out with a profit, then to see a profit turn into a loss, always book profits, don't turn a winning trade into a losing trade! jmo
hey baked, the reason for the spike was BBRY got a 1M order for the #10 smart phone, no ones talking as far as who put the order in! JMO
hey baked, BBRY shot up 1.40$ in last hour on massive Vol!
hey baked, thanks for the reply!
hey baked do you feel that crus tracks APPLE?whats causing crus to tank? lowest levels in a year,thanks!
hey baked, once in a blue moon, i'll trade UVXY, as far as being long? if you consider holding for 15-60 minutes, tops, being long, well maybe 2-4 times a month tops, i'm long, but holding UVXY over night? NFW, would never ever ever hold UVXY over night, or more than a hour or so,unles the S&P has a all day deep red dump, any way, have a great day, i like a lot of your calls, thanks!
hey danny, how long have you been tracking/trading CRUS? thanks! PS i p/u some UVXY today for a nice gain, wouldn't hold it over night, and always book profits! jmo