tag:blogger.com,1999:blog-11789233.post115524173631856225..comments2023-11-02T03:53:15.874-07:00Comments on The Slope of Hope.....with Tim Knight: What's It Gonna Take?Tim Knighthttp://www.blogger.com/profile/02142044637710306701noreply@blogger.comBlogger58125tag:blogger.com,1999:blog-11789233.post-1155387701425570572006-08-12T06:01:00.000-07:002006-08-12T06:01:00.000-07:00This comment has been removed by a blog administrator.lkhttps://www.blogger.com/profile/05169931478995688806noreply@blogger.comtag:blogger.com,1999:blog-11789233.post-1155352675604996462006-08-11T20:17:00.000-07:002006-08-11T20:17:00.000-07:00Furio, forget the Viagra & try a little lithiumFurio, forget the Viagra & try a little lithiumAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-11789233.post-1155349614013589652006-08-11T19:26:00.000-07:002006-08-11T19:26:00.000-07:00I do my best trading in a range bound market. Tha...I do my best trading in a range bound market. Thank You! I hope we get sideway action for a few more weeks. Check out AORD in austrialia. Sideways for 5 weeks straight.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-11789233.post-1155348495496794412006-08-11T19:08:00.000-07:002006-08-11T19:08:00.000-07:00Furio, something is always moving no matter what t...Furio, something is always moving no matter what the indexes do. Finding them is the hard part, ya think?Markhttps://www.blogger.com/profile/11160401306650990823noreply@blogger.comtag:blogger.com,1999:blog-11789233.post-1155347573257956282006-08-11T18:52:00.000-07:002006-08-11T18:52:00.000-07:00gYou people are laughable. Especially the Bears. ...gYou people are laughable. Especially the Bears. Bragging everyday that you're the shit and poking fun at the Bulls for their weak rally attempts. At least they try! What the hell have you done all week? Nothing! Deer in the headlights -- talking shit, getting us all excited about gang-banging the bulls -- and we believed you! Loaded up on a double dose of viagra -- only to be left with a 12 hour erection and lightheaded from a lack of bloodflowing to the brain! Thanks a lot!<BR/><BR/>The ball is up in the air and no one seem to want to run with it. Bears-- Bulls-- I don't care who! Just do something already! These last weeks have been such torture!<BR/><BR/>--FurioAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-11789233.post-1155344896459911312006-08-11T18:08:00.000-07:002006-08-11T18:08:00.000-07:00ppt = plunge protection teamppt = plunge protection teamAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-11789233.post-1155341215088806812006-08-11T17:06:00.000-07:002006-08-11T17:06:00.000-07:00My CAT is still happy. :) 500% happy. Will it be...My CAT is still happy. :) 500% happy. Will it be 1000% happy? We'll find out at the end of next week.<BR/><BR/>Had a heart-to-heart with the wife this morn, and she said that I could have money to trade with. I told her I'm not ready yet. So I have the green light when I'm ready.<BR/><BR/>Yeah, a different attitude from a month or two ago when I felt untouchable, but I realize that I can be touched and want to make sure I get my emotions out of my trading.<BR/><BR/>And I've noticed that I say, "I want it to go that way," and realize that is the wrong thing to say. I need to change it to, "I <I>expect</I> it to go that way." Until then, I'm parking myself on the sideline in the paper.<BR/><BR/>But I still wish I had some real CAT this month!<BR/><BR/>Why do I rave about CAT? Because it had the perfect TA setup to short light at the start on 8/8/06, then short heavy by the end of the day in my TA opinion. Even though it rose a little yesterday, it still was within the downward channel. In my notes I mentioned a possible pull-back on 8/10. If it rose much today, it would have been time to get out, but I didn't expect it because it isn't oversold.Markhttps://www.blogger.com/profile/11160401306650990823noreply@blogger.comtag:blogger.com,1999:blog-11789233.post-1155338480861858762006-08-11T16:21:00.000-07:002006-08-11T16:21:00.000-07:00What is 'PPT'? Its been mentioned several times in...What is 'PPT'? Its been mentioned several times in these comments.<BR/><BR/>Thanks in advance.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-11789233.post-1155329417499740802006-08-11T13:50:00.000-07:002006-08-11T13:50:00.000-07:00Well, bsi87, looks like you had a good call on GLD...Well, bsi87, looks like you had a good call on GLD. Got stopped out at my $630 limit sell. Unfortunately, it closed above that level today, but I don't like the action anyways.<BR/><BR/>Looks like we could see some further weakening in gold... which is strange, because if the inflation gauges next week show higher inflation readings (which I believe they will), then gold should move up. But when the Fed paused earlier in the week and gold basically did nothing (except weaken), I was afraid something might be out of whack.<BR/><BR/>Anyways, looks like I'll be on the sidelines again with gold.<BR/><BR/>My other shorts (AUY, GW, VOL, COG) are all looking good. Too bad I didn't have any money to put into them :)<BR/><BR/>-TonyAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-11789233.post-1155327518402228312006-08-11T13:18:00.000-07:002006-08-11T13:18:00.000-07:00this market is bound to fall next week...hopefully...this market is bound to fall next week...hopefully. options exp is friday and then we should began to tank downward afterwards.<BR/><BR/>bearmoneyAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-11789233.post-1155326115938707642006-08-11T12:55:00.000-07:002006-08-11T12:55:00.000-07:00wait for ppi an cpi. if there both showing huge s...wait for ppi an cpi. if there both showing huge signs of inflation say hello to dow 10850 next week...Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-11789233.post-1155324987484461562006-08-11T12:36:00.000-07:002006-08-11T12:36:00.000-07:00Costas, thanks for your insight. Where's your blo...Costas, thanks for your insight. Where's your blog?Jim Bendt, People Whispererhttps://www.blogger.com/profile/05782899011127442332noreply@blogger.comtag:blogger.com,1999:blog-11789233.post-1155322165055534072006-08-11T11:49:00.000-07:002006-08-11T11:49:00.000-07:00Hold onto your hats next tuesday and wednesday, PP...Hold onto your hats next tuesday and wednesday, PPI, CPI and a other reports are coming out, if we are retesting support this month, then next week should show some conviction. <BR/><BR/>today its nice to see the market down, but volume sucks so its a scratch, but its great not to see follow thorough from yesterday, meaning both bull and bear have completely stepped aside today and are waiting for next week to come.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-11789233.post-1155320853335783262006-08-11T11:27:00.000-07:002006-08-11T11:27:00.000-07:00Are all you bears enjoying the PPT ? The news get...Are all you bears enjoying the PPT ? The news get worse. Inflation numbers this morning are worse. Airlines under severe threat, Israel starting ground invasion HORRAY ! market off its lows. WTF.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-11789233.post-1155320480049388322006-08-11T11:21:00.000-07:002006-08-11T11:21:00.000-07:00I guess the morons who bought a 1B/1B condo for 40...I guess the morons who bought a 1B/1B condo for 400K in CA are the ones who are also buying AAPL here.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-11789233.post-1155318253442696372006-08-11T10:44:00.001-07:002006-08-11T10:44:00.001-07:00Tim, today's action might bring a smile to your fa...Tim, today's action might bring a smile to your face for the weekend! Hope that you've not been stewing long.<BR/><BR/>After mulling over my bank thesis, I elected to enter a small put positions in WFC (Jan 65) (mortgage exposure) and BAC (NOV 50)(credit card exposure). I think that there is enough fear of additional rate hikes to put a lid on the top end for the next month, and gradually building expectations of consumer's debt load (today's retail numbers notwithstanding). Caveat...for any of you lurkers, I'm not a trader like these guys here.Leisa♠https://www.blogger.com/profile/10237875938400587600noreply@blogger.comtag:blogger.com,1999:blog-11789233.post-1155317444909786242006-08-11T10:30:00.000-07:002006-08-11T10:30:00.000-07:00deadeyeca,I think the big boys want to frustrate t...deadeyeca,<BR/><BR/>I think the big boys want to frustrate the retail shorts on AAPL. <BR/><BR/>Apart from the slowing economy, rising gas prices, who the f*** has money to buy those damn IPods anyway. <BR/><BR/>AAPL cannot file the 10-Q for this quarter and the big boys manage it to keep above 60. With all the macro-economic news and the options scandal, I would have thought AAPL will be in the 50s by now. As expected, the big boys will try their best to enforce the opposite of what is logical.<BR/><BR/>I will hold on to my AAPL shorts still I see 50.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-11789233.post-1155317342075754132006-08-11T10:29:00.000-07:002006-08-11T10:29:00.000-07:00Just a suggestion:If you're going to post as "Anon...Just a suggestion:<BR/><BR/>If you're going to post as "Anon", how about writing your name at the end of the post (like Tony)? Just helps the rest of us follow your thoughts from one post to another. I really value the posts of Tony, bsi, costas, Sanjay, etc., and it would be nice to be able to value yours too.<BR/><BR/>I'd also like to point out that although people are complaining about the lack of conformity with fundamentals regarding the macroeconomic environment, it seems like most people are trading based upon sound TA. I think that's a pretty good combination.<BR/><BR/>One last point, I love EddieFl. We need more bullish type people here, so please don't mock them when they rear their ugly heads (Hurricane5... *ahem*). A lack of a diverse posting universe reflects a possibly untrustworthy soundingboard. After all, aren't we mostly contrarians here?nikohttps://www.blogger.com/profile/09126464856681478044noreply@blogger.comtag:blogger.com,1999:blog-11789233.post-1155316768816495062006-08-11T10:19:00.000-07:002006-08-11T10:19:00.000-07:00So, will AAPL ever fill the gap below at $59.64? ...So, will AAPL ever fill the gap below at $59.64? My puts are looking stale.Jim Bendt, People Whispererhttps://www.blogger.com/profile/05782899011127442332noreply@blogger.comtag:blogger.com,1999:blog-11789233.post-1155316270355675322006-08-11T10:11:00.000-07:002006-08-11T10:11:00.000-07:00this market is impossible to trade, everytime I go...this market is impossible to trade, everytime I go short the stock goes up and everytime i go long it drops. Today after seeing NVDA take off I entered a short position at $25.40, think went straight up to $24.01 only to come back down to $25.60, sold out losing -.20 on the trade. Cant seem to time this market. <BR/><BR/>confused daytrader....Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-11789233.post-1155312416228673192006-08-11T09:06:00.000-07:002006-08-11T09:06:00.000-07:00You need to stop complaining about the market. It'...You need to stop complaining about the market. It's not the market that's 'ridiculous', it's you! <BR/><BR/>Look, you and I make our living off... the market. It ain't gonna do you much good to complain about it. it's not 'cool', if that's what you think is the effect here. It's dumb!<BR/><BR/>You'd better learn fast that you're only going to make money with the market if you respect it and become 'friends' with it. In stead of expostulating about how 'you' disagree with what it's doing, try to learn something from it.<BR/><BR/>You'll be amazed at the difference in your trading.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-11789233.post-1155308216097487582006-08-11T07:56:00.000-07:002006-08-11T07:56:00.000-07:00My only concern with the markets is the unknown in...My only concern with the markets is the unknown inflow of liquidity. With the M3 numbers not being reported, there could be absolutely HUGE inflows of liquidity into the markets to keep them afloat.<BR/><BR/>Liquidity addition is simply a huge wildcard in these markets. The inflows could be stopped altogether, resulting in a crash, or they could continue unabated until we achieve a hyperinflationary condition, after which point the markets would likely crash.<BR/><BR/>It all depends on what "They" want to do. If "They" want to keep the markets up, then they'll do so. If not, then they won't float the markets with liquidity.<BR/><BR/>But as I said, it's such a huge wildcard, there's no possible way to know what will happen next.<BR/><BR/>-TonyAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-11789233.post-1155308023102520162006-08-11T07:53:00.000-07:002006-08-11T07:53:00.000-07:00Good news for AAPL!!! Cannot file 10-Q this quarte...Good news for AAPL!!! Cannot file 10-Q this quarter. And the stock goes up!!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-11789233.post-1155305574344674372006-08-11T07:12:00.000-07:002006-08-11T07:12:00.000-07:00A 50 bp hike at the next Fed meeting would simply ...A 50 bp hike at the next Fed meeting would simply crush this feeble market. And I agree, if PPI/CPI figures are high next week, 50 bp won't be out of the question.<BR/><BR/>I see fresh yearly lows in all indices in October. Possibly a sharp rally from Nov - Feb (led by health care, materials, and metals), but then another crushing collapse into summer 2007.<BR/><BR/>The oracle has spoken.<BR/><BR/>:)<BR/><BR/>-TonyAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-11789233.post-1155304219473371902006-08-11T06:50:00.000-07:002006-08-11T06:50:00.000-07:00retail higher than expected, how could the federal...retail higher than expected, how could the federal reserve pause at the last meeting, if cpi and ppi are strong next week these markets are straight dowwwwwwwwwwwn. Federal reserve will have to do 50 bp to catch up...Anonymousnoreply@blogger.com