Time to be a buyer not a seller, maybe it could even make a run to the April highs of $0.02, it has plenty of room at this level.
SPY 07/25/2014 $199.00 C , if this nutty market does a roll over pull back in the next few hours I will sell them at $0.35 stop price.
Some mojo buyer or machine will buy them off of me because this market is out of control and just wants to pump up, and it's just one big party were everyone that's there is more greedy then they have ever been in their whole loves, so I am going stay a greey pig also into I sell all of the calls for a huge profit to who ever wants them at a buck today.
I have already bought I twice today, and are hoping to buy more on any pull backs, ant agree it's worth holding it for the week going into news that suppose to be coming that could spike it above a penny.
I hit the bids at $0.53 it was all machines on the bid at the time, it feels real good to hit them and stick them with them, and now watch it get faded to below $0.40 in the next hour and they lose big money on the trade.
There now at $0.50 and I have a big profit and have my sell order at $0.55 if it pulls back to $0.40 will hit the bid and be gone, they EXP today and think SPY will most likely be back below $197.00 before the close, and it's most likely that these calls get wiped out before the close and cut in more than half, or even worthless if SPY drops below $197.00 in the next hour, and will be a lot of fun to watch some HFT machine get stuck with my calls.
SPY is below it's ten day support level after hours of $195.05, if it breaks below $194.25 tomorrow it gets more ugly and could fall to $193.50' the 50 day SMA, if that don't hold the next support is at $192.30 the 63 day SMA, where it looks like that's where it's going and where it should go since it's is so bloated and over valued and even the Fed is saying it is.
Sentiment: Strong Sell
The Russel which every analyst has said over and over again that it is the RUSSEL that has been leading this rally up and down for the past year, well right now it looks the worse in the past three months, after hitting it's year high in the first few days in July, and has giving back all of Junes move up, and today has dropped hard below the 50 day SMA, and also the 63 day SMA all very big negatives for the out look for the next few weeks, that could lead the whole market down and that way over due 10% + correction..
Sentiment: Strong Sell
I bought yesterday at $0.11 and sold an hour later at $0.40, and said there was no way I was taking it over the weekend, just in case something like this would most likely happen, so glad I took the profit and ran away.
Their trying to get it done with out trying to alert other traders about what their up to before it spikes up much higher.
You bought a stock and sat on it for weeks and months and sometimes years, with out acting like a bunch of p,..u,..s,..s,..y,.,s. who sell out every two minutes when the wind changes directions, there was no panic to sell out, and the market manipulation was completely different then of today's market manipulation, back then if a stock went down it did not drag the whole market down with it, there were no HFT criminals pumping up index's. Back then I made up to and over 25,000 on more than just a few trades, today you can only do that gambling with options.
He says more than 50% of the jobs are low quality and part time! but it may be enough to start getting pros to be on their feet to be on a look out for any hints out of the Fed of rate hikes coming sooner than what was expected, and would be a seller of today's up open market and not a buyer.
Shorts are going to get hit again tomorrow and get squeezed over $4.00, it's bring talked about on many trading blogs.
Sentiment: Strong Buy
Any down movement you see today's his just manipulation by hedge funds caught short, and market makers trying to get dumb money short term retail to sell out to them before the big move up over $2.00.
I guess you don't know how to read, ornunderstand what you are reading, stupidity will get you closer to being broke.
There is no reason why it should not run up back over $3.00 before the earnings that are coming, and flush out many more of the shorts, I mean how freaking greedy could you be if you were short from the year high over $6.00.
Looking for a big bounce in the next 15 minutes after reading on one of the trading blogs that a large penny stock hedge fund has been buying up a lot of shares in the past hour.
Sold some at $0.50 and the rest at $0.40, profit was $0.12 and $0.23 not bad at all in another day of machine led pumping, hope no retail guy got hit on my sell order, he could end up getting stuck holding the bag today.
Only was able to sell 50 of them, have the other 300 still out there, if there is a reversal pull back I will be ready to hit the bids at no lower then $0.40, got make a big profit and not get caught holding the bag going into the close.
I need you guys to keep pumping the hot air into SPY so I can have another big profit day like yesterday and the ones before it, give me my $0.50 today before they expire, yes I have become a greedy pig, just like everyone who works on Wall Street is.