TRADERS ANONYMOUS: Morning Audibles

Morning Audibles

Just a few "housekeeping notes" before we all commence with the days trading...

After careful deliberation, and, OF COURSE, BY COMMITTEE (as that is the only way things should ever be done)... The following RULES CHANGES are to be adopted and implemented immediately at SURVIVOR CAPITAL (after all, it's not good enough that you simply SURVIVE anymore, you are ordered to do it in the prescribed method)...

Changes:

- The use of the phase "nanny nanny boo boo, stick your head in doo doo" will no longer be tolerated when referring to other blogger comments...
- You may NO LONGER tell anyone that their "grandma wears army boots"...
- "I know you are but what am I", as a rebuttal, will be returned to Pee Wee's playhouse (where it belongs)...
- You must all "clean up" your acts, by using GROOMED canines, and references, in your avatar-ology... (Mangy Mutt - you're going to have to clean up your act)...
- 5 times per day, all bloggers must kneel on their carpets and face "Mecca" (the location of the Fusion Capital offices in Manhattan), and utter the prescribed prayers...
- You must IMMEDIATELY switch to COFFEE (from TEA) for your morning beverage... As any association with "tea" whatsover might sketch you out as a teaBAGGER, which is unacceptable...
- Fines for INFRINGEMENTS of any of the above policies will be levied, and paid to the following righteous causes... "The Nancy Pelosi botox fund", "The re-elect Barbara Boxer campaign", and the "West Hollywood Chamber of Commerce" (which needs a new Barney Frank statue because someone disMEMBERED the other one for some peculiar reason - ouch!)...

That should be it for now... But I'll be sure to expedite any further rules changes as they come about... We have a committee, (and ten CZARS), funded by the US taxpayer, that works 24/7 for that sole purpose...

Please enjoy your morning coffee! (oh - but you MUST enjoy it in one of the following prescribed methods)... Any other way will be unacceptable...

Thank you for your continued patronage... THE MANAGEMENT

http://www.youtube.com/watch?v=Zx3m4e45bTo&ob=av3e

337 comments:

«Oldest ‹Older 201 – 337 of 337 Newer› Newest»

karen said...: BreakingNews

Sri Lankan man arrested trying to smuggle more than 2,000 diamonds in swallowed condoms - BNO News http://bit.ly/aswz8O; October 28, 2010 at 2:14 PM
karen said...: AR, computers..; October 28, 2010 at 2:15 PM
Doing it yourself said...: Cvienne - Speaking of doing things yourself, you remember that Neaderthal nieghbor I mentioned yesterday.

Well the other day, he could not get his car started. So that night I went over to change the oil for him, I guess he heard me and came out, at which point I ran away - Yup with the drain plug in hand.

At any rate, it turns out it was only his battery, but once he got it started it only ran for about 5 minutes before the engine siezed.

I guess the point I am trying to make is sometimes it is best to let others do it themselves instead of trying to help.

Now the poor guy has to take the bus...

Mangy Mutt; October 28, 2010 at 2:16 PM
McFearless said...: I never thought this blog was all about that CV, not in the least...

a pessimist is simply a well-informed optimist

You know the most armageddon book I've ever read about markets...it's Conquer the Crash, by a long shot..... lets take a look at some of the 2002 books recs:

1. Get your money in the safest banks (good idea, I think so)
2. Get your cash in the safest cash/cash equivalents (good idea)
3. Despite his views on gold and silver he clearly states BUY THEM ANYWAY,, THEY ARE REAL MONEY! (uh....2002...yeah, good idea)
4. make sure your insurance is held with the safest/most financial sound insurance companies (good idea)
5. don't own stocks (you've avoided the worst decade in US stocks)
6. Don't be in debt (good idea)
7. don't own real estate (I suppose this could be up for debate)
8. Make arrangments to have access to cash in case you need to leave the country (good idea); October 28, 2010 at 2:17 PM
AmenRa said...: Karen

If one of them breaks then can you imagine even a small handful of diamonds trying to make their way through the intestines? Talk about being bent over in excruciating pain.; October 28, 2010 at 2:18 PM
McFearless said...: Ra,

re p/c, I can't, this is the main problem with it, people could be putting on bullish/bearish spreads and I wouldn't know it

this is why I like to follow the 10 day MA for p/c primarily rather than looking at any given day in isolation, this one has its limits for sure.; October 28, 2010 at 2:19 PM
Rich Shit said...: Sorry AmenRa, but Rich Shit was the first thing to come to my mind (OK second -Nanny Nanny Poo Poo) was first) when I read your above.

Mangy Mutt; October 28, 2010 at 2:20 PM
McFearless said...: that's disgusting...and a lot of diamonds, hope they were real and someone didn't give him some CZ's.; October 28, 2010 at 2:20 PM
cv said...: Speaking of AAPL...

You could look at a daily chart going back a year and almost see 3P&ADH...; October 28, 2010 at 2:21 PM
McFearless said...: see, AIG is still loaded with diamonds as well:

http://www.bloomberg.com/news/2010-10-28/aia-will-have-hong-kong-trading-debut-today-after-rising-in-gray-market-.html; October 28, 2010 at 2:22 PM
karen said...: Didn't Jamie say as much in the $vix sonar? wasn't their a large put buyer? but his real motive are unknown.. tho others trade on it.. well, that was my take.. that, and I have no business being involved with $vix or vxx ever.. and seems like i have no business being in this market either.. at least in size.; October 28, 2010 at 2:22 PM
karen said...: I NEVER should have posted that diamond/condom link..; October 28, 2010 at 2:23 PM
72bat said...: re internships..., if y'all don't mind a little solicitation here (and, no, i'm not offering up my offspring to the white slave trade)

the kiddoh interned this summer for the "alternative" paper in dayton, which after one article gave her extra hours WITH pay. for next summer, she's looking for an internship in a slightly larger metropolis (NOT NYC) such as seattle, san francisco, london, so throwing this out for networking, if anyone has leads/suggestions.

after last winter-spring studying in ireland and with some continental travel, she'd love to find something abroad and is networking family contacts in london and stockholm.

she originally intended to major in graphic arts. Decided on creative writing as her stronger suit after the theater department wouldn't let her double major in writing AND theater.

preferably and broadly, looking for any position in which her writing/editing skills would be exercised, so opportunities for experience in communications, publications, scripting, story-boarding, p.r., advertising, etc. pay would be nice, but not critical as she is on full boat scholarship. less debt incurred in summer living is better though.

she is re-considering the possible direction for grad school from creative writing to anthropology/history so, for example, positions in a museum environment would be of interest.

we now return to our regular non-commercial programming.; October 28, 2010 at 2:23 PM
McFearless said...: "but his real motive are unknown.. tho others trade on it"

no way, that would not be rational thinking, nobody trades like THAT....pffft.; October 28, 2010 at 2:24 PM
karen said...: that little formation is morphing into a wedge.. whatever.. makes me ill.; October 28, 2010 at 2:25 PM
McFearless said...: 72,

If I come across anything in Philly area I'll let you know. I've read some of her stuff as you know, she's got a talent.; October 28, 2010 at 2:25 PM
cv said...: @McF (2:17)

CV

- bought tech stocks in 1993
- sold (literally) 100% in March 2000 (luck)
- bought real estate with liquidation (March 2000)
- sold real estate in 2005
- bought physical gold in 2004
- bought "stress sale" home & farmland in November 2008

Nobody should listen to anything I say if I'm worried about the economy going forward... I clearly don't understand the MACRO picture...; October 28, 2010 at 2:27 PM
cv said...: I do make a lot of TRADING mistakes though...

But the "survival" macro picture is firmly in place...; October 28, 2010 at 2:29 PM
McFearless said...: oh well CV, lets just move on.; October 28, 2010 at 2:29 PM
McFearless said...: in general I'm a happy person, but I have my days like everyone else, I'm careful to act like I actually know anybody here, I don't.; October 28, 2010 at 2:30 PM
McFearless said...: I'm careful NOT to act like I know everyone here.....another pathetic non-edited post by me.; October 28, 2010 at 2:30 PM
karen said...: I'm getting seasick on the spx..; October 28, 2010 at 2:33 PM
Jennifer said...: Sorry, was away for a while, then busy getting furnace serviced. Just catching up.; October 28, 2010 at 2:34 PM
McFearless said...: furnace...hehe, sorry.

it's so nice here today, perfect colors and about 75 with a nice breeze.; October 28, 2010 at 2:34 PM
AmenRa said...: Atlas shrugged and said it's getting pretty hard to hold this shit up...; October 28, 2010 at 2:38 PM
karen said...: "The prime markets are the place we've seen the most increase in foreclosure."

http://www.housingwire.com/2010/10/28/mortgage-delinquencies-are-in-serious-trouble-says-lps-analyst; October 28, 2010 at 2:41 PM
I-Man said...: Wonder if we'll fail this time...

This area has been trouble before...; October 28, 2010 at 2:43 PM
Generic Condom said...: Speaking of Condoms, back in my younger days I had one (Never used it.... Go figure)

That said "Generic Condom, For the Cheap F'r"

Mangy Mutt; October 28, 2010 at 2:43 PM
I-Man said...: Would not be surprised in the least to see a Pinocchio move first tho...; October 28, 2010 at 2:44 PM
karen said...: http://www.zerohedge.com/article/exclusive-4-dealers-respond-1-trillion-fed-reverse-inquiry-how-much-qe2-necessary; October 28, 2010 at 2:44 PM
Don't Think So said...: I-man, Like you I have been waiting for a REAl pull back or actual decline, but I just don't think it will happen yet.

I have only been holding 1 short that is has been getting hammered, but if this market turns and turns as quickly as I think it might.

I could have a fairly nice payday.

Mangy Mutt; October 28, 2010 at 2:46 PM
I-Man said...: Its cool Mutt, I trade 1min charts and change my mind about 1000 times a day...

I could short, close it, and flip to the long side in about 30 seconds depending on what I see.

Probably best to ignore the I if you are a position or swing trader... or any trader with a holding period longer than a few minutes for that matter.; October 28, 2010 at 2:47 PM
McFearless said...: hey, I'm not saying I told you, but at the same time I am:

http://www.live-pr.com/en/wilmington-trust-corporation-investor-investigation-r1048591971.htm

stick a fork in them, they are done.; October 28, 2010 at 2:48 PM
I-Man said...: I will be fading this "breakout" tho... think its a fake out.; October 28, 2010 at 2:48 PM
McFearless said...: going to be some prime CRE downtown that might coming available in the next 24 months....; October 28, 2010 at 2:48 PM
cv said...: @McF

To clarify my ARMAGEDDON posture...

It's clear to me that the imbeciles who berate me for the "cautionary" hints I dole out never tactually take the time to examine the TRUE NATURE of why I make the preparations...

It has nothing to do with torches & pitchforks...

It has EVERYTHING to do with COST...

After the Fed fails (which it will), either deflation or inflation will occur (then the next one will occur after the first on)...

Either way COSTS for basic things will be effected (food, energy)...

They will COST MORE than they do relative to what people make today...

When costs go up, people will consume less... Moving in with the family falls under the same category (because the cost is too high to live on your own)...

Less overall consumption means that certain goods will no longer be profitable to bring to market (specialty & variety of foods, for example)...

Americans have NO CONCEPT of what I just said because they have just about everything... But I lived in Italy for a dozen years and let me tell you, on my trips back to the States, I had to carry bact (to Italy) suitcases full of certain things (because there was no market for them in Italy)...

So most of my ARMAGEDDON PREPARATION (as others see it)... Is simply small steps that will allow me as little disruption as possible in lifestyle (& things I enjoy), if things get either too expensive, or scarce on the margin...; October 28, 2010 at 2:48 PM
I-Man said...: I know, I know... insanity is doing the same shit over and over expecting different results, but they know this too.

It seems lately, only the insane are being rewarded in this tape anyhow.; October 28, 2010 at 2:49 PM
McFearless said...: Mutt,

I hope you are not holding a levered ETF

BAD!; October 28, 2010 at 2:50 PM
Silly Parrots said...: So I have a parrot, his name is Orsin, I think he has the right to be out during the day, something my family collectively also agreed on.

So during the day Orsin has free run of the house, yesterday he found his way into the bathroom and onto the sink, where the toothbrushes are.

Orsin chewed the bajeezers out of my toothbrush, I mean seriously, why would he do that to my toothbrush, when he could have do it to my wife's.

Mangy Mutt; October 28, 2010 at 2:50 PM
karen said...: Ben, I saw that Wilmington Trust thing early this morning on Twitter and could not for the life of me remember where I heard warning on them before.. glad you cleared that up : ); October 28, 2010 at 2:52 PM
Takes Way Too Much Skill said...: I-man, you have a lot more skill then I could ever hope to have, I just do some research on a couple of things.

Maybe some day I can see the chart movement you guys are talking about, but for now it is blurry.

Mangy Mutt; October 28, 2010 at 2:53 PM
karen said...: I-Man.. should we fade ourselves when we are thinking alike? LOL.. nah, too late for that : )

Besides, even ben in on the stay short till tomorrow bandwagon..; October 28, 2010 at 2:53 PM
cv said...: @I-Man

"I trade 1min charts and change my mind about 1000 times a day..."

so you PROVED BR's observation to be correct...

6.5 trading hours = 390 trading minutes

You trade 1000x or about 2.5 times per minute (every 25 seconds or so)...

So yes... It's "longer" than 11 seconds...

BR is a genius!; October 28, 2010 at 2:54 PM
karen said...: ritholtz - Mortgage Mess May Cost Banks $97 Billion in Losses http://dlvr.it/7hCSB; October 28, 2010 at 2:54 PM
Jennifer said...: Lol on the parrot. I live about 3 miles south of the arctic circle, where it was 36 degrees this morning at the bus stop at 7:10 am where I was shivering my butt off in my PJs while my kids were wearing their new winter coats for the first time.; October 28, 2010 at 2:55 PM
Been There Done that said...: Ben - I wish I had employed that Generic Condom when I was playing with the ETF's. It wouldn't have been any more pleasant, but at least I would have had a little pretection.

Leveled ETF's is a thing of skill - I have no skill. I do have a parrot who chews on my teeth brush, but no skillz :(

Mangy Mutt; October 28, 2010 at 2:56 PM
Jennifer said...: This location is also known as Naperville, Illinois (Money magazine's 2nd best city for families!! woo hoo.) The real estate situation here is ... interesting. I can't really speak for the city as a whole, since Naperville is actually quite large in population (almost 150k people) and geographically (we call the south side of town Napertucky since it can take so long to drive there.) Hubby told me last night that home sales were down 7% year over year according to some Chicago publication he read yesterday though.; October 28, 2010 at 2:57 PM
McFearless said...: CV,

sometimes when people sit back and consider those types of things and realize that they have done nothing to prepare for the potential they lash out....it's like that.

isn't the other point that if none of it happens you aren't worse off? sort of along my lines of, nobody every got hurt being safe.; October 28, 2010 at 2:57 PM
karen said...: tradefast - spx has closed within a 7 point range over past 6 trading days -- odds are good that we hit 7 of 8 = yawn; October 28, 2010 at 2:59 PM
Wool Jammies said...: Jennifer - I hope your PJ's are made of wool - It sounds cold.

I have Barok Hussain Obama Jammies and they keep me all warm.

In the morning I like to fill my Ben Bernanke mug with coco, sit at the table in my Obama jammies and play with my Barny Frank action doll.

If, you haven't guessed it yet, I am a Man's man, well at least that is what my mommy calls me.

Mangy Mutt; October 28, 2010 at 3:00 PM
karen said...: what i was talking about earlier!!

http://www.ritholtz.com/blog/2010/10/more-criticism-of-qe2/; October 28, 2010 at 3:00 PM
McFearless said...: Wilmington Trust

I found out about WT in two stages, I'm not some crack balance sheet observer but I know a little bit and how to look for a few red flags that a CFA taught me, a big client of mine called me several months ago asking about looking into buying bonds of theirs...so I took a look and got freaked out (long story), a few months after that, had a disturbing call from my buddy that works at WFC here and told me about them getting crushed by a developer at the beaches here and people bringing deposits to him....lots of deposits, and lots of loans, couple it with what I saw on the balance sheets, and the constant ads they ran all summer basically begging for desposits and it was pretty clear the jig was almost up.; October 28, 2010 at 3:02 PM
Jennifer said...: I have a pretty good feel for things in my neighborhood though. The good architect seems to keep himself busy -- he is really good though. Just when I think things must be about to get really bad for him, someone comes along in the nick of time and hires him for a full tear down. We border a forest preserve on one side of the neighborhood and have a golf course in the middle, so we were ripe for the tear down frenzy. There were a few builders who went nuts buying up properties and building spec houses (McMansions). Most of them have sold...although the worst of the builders in terms of gross size and excess hasn't sold anything, and two of their four homes went into forclosure. Now they are occupied so I'm not sure exactly how that all worked out.; October 28, 2010 at 3:02 PM
I-Man said...: Seriously Karen, have we ever been right on the tape, together?

I dont think we have...

And LOL CV, on my impulsive days, I might make 20 trades, but thats only if I'm being very bad...

My best days seem to have way less trades.

Trade less, make more.

Gains, not brains.; October 28, 2010 at 3:02 PM
McFearless said...: have any of you guys taken that damn survey that pops up at BR's...does it go away after you take it?; October 28, 2010 at 3:03 PM
Tooth Brush vs Teeth Brush said...: BinT will probably know this :)

Why is it called a tooth brush?

Cuz it was invented my someone in Tennessee...

Mangy Mutt; October 28, 2010 at 3:03 PM
McFearless said...: @Jennifer,

I had asked b/c DR pointed out today that home sales would have been week (unexpectedly, of course) if not for the big boost out of the midwest.; October 28, 2010 at 3:05 PM
I-Man said...: Can I just say that I really miss Nic?

Cant wait until she is done with that course and can chatter again.; October 28, 2010 at 3:05 PM
Jennifer said...: There are a lot of homes on the market in the neighborhood. Most sellers are still in denial and prices are only about 10-15% off their peak. There is very little demand for the properties listed above $1mm. A couple transfered in from London over the summer, husband works for E&Y, and one divorcee trying to unload her $1.4 mm albatross was devastated when they chose another home. They might have been the only $1mm buyer this year.; October 28, 2010 at 3:06 PM
karen said...: Mutt, better a toothbrush than a sonicare !! you were probably overdue for a fresh one.. sweet bird was looking our for your best interests, i bet.; October 28, 2010 at 3:06 PM
Gains Not Brains said...: I-man, does that mean there is hope for me yet?

Mangy Mutt; October 28, 2010 at 3:06 PM
McFearless said...: also, an interesting side note, a very wealthy woman that sits on the board of Wilmington Trust ran for office here this year, it was an odd move in many ways considering her background

things that make you go .....WTF?; October 28, 2010 at 3:06 PM
I-Man said...: Ok... getting some action...

Lets see whether or not I've been waiting in vain for this pivot... been on my radar screen all damn day.; October 28, 2010 at 3:06 PM
McFearless said...: whats wrong with sonicare, I use one?

dentist says I brush too hard with a regular brush; October 28, 2010 at 3:07 PM
karen said...: Nic tweets, I-man.. her crackberry broke and she went off to get a new one : ); October 28, 2010 at 3:07 PM
I-Man said...: Mutt, I think my trainer would rather train traders with no brain, versus those that tend to overthink shit constantly, any day.

So yes, there is mad hope for you kid.; October 28, 2010 at 3:08 PM
McFearless said...: what does BR think about QE, I never saw him post anything or I missed it.

Maybe that's part of the "if you want to be a policy wonk" stuff....not his job.; October 28, 2010 at 3:08 PM
Jennifer said...: I don't know where people are buying...but it isn't here. Briefly, back in the late spring/early summer, there was a small uptick (mostly because a few people priced realistically) and then eveyrone who had been waiting came out of the woodwork, listed their homes all at once, and it all came screeching to a halt. Shadow inventory anyone?; October 28, 2010 at 3:08 PM
Good Take said...: Karen - I never thought of it that way :)

The bird loves me - Well he can still be a Nanny Nanny Poo Poo at times.

Mangy Mutt; October 28, 2010 at 3:08 PM
cv said...: @McF

That IS the other point... That the "preparations" are consumable...

If I buy propane gas... I'll eventually use it no matter what... Food? I'll eat... Alcohol? drink...

It's not like anything would ever get MOTHBALLED...

I think it's a lot smarter way to spend money than the $5 thousand dollars I spent in the 80's to but a brand spanking new Apple Mac II with, get this, a 40 megabyte hard drive and 2 megs of RAM...

That baby was smoking!

Of course you laugh now... But to me it's pretty retarded what people spend on phones (& phone service)...

Whizzo... $100-$200 a month just flying out the door that you'll never see again... Money that just vanishes into the atmosphere...; October 28, 2010 at 3:10 PM
Anonymous said...: So, did I miss something? Gold spiked hard this morning. Did someone get some insider information about a larger than expected queasing?; October 28, 2010 at 3:11 PM
karen said...: Ben, I was inferring that sonicare brush heads are expensive!! and who knows the damage the bird could have done to the base.. I swear by sonicare, btw.. try one and you'll never go back to regular toothbrush.; October 28, 2010 at 3:12 PM
karen said...: an interesting list: http://www.fundmymutualfund.com/2010/10/50-best-performing-stocks-year-to-date.html; October 28, 2010 at 3:15 PM
McFearless said...: totally agree, I love the sonicare, but yeah, pricey, I get the heads at Kohls, they are on sale there a lot.

my wifes uncle was a developer for it, they are working on a new one, it's just a mouthpiece with brushes on the inside, you put it in your mouth, close your mouth for two minutes open back up, rinse, done.; October 28, 2010 at 3:15 PM
McFearless said...: you know, if it's all a dollar story, you'd think stocks be showing a little more juice to the upside today; October 28, 2010 at 3:18 PM
I-Man said...: McF, this whole move higher since 1pm est looks shady as shit to me...; October 28, 2010 at 3:19 PM
McFearless said...: yep, I agree, I'm holding overnight, trading my plan.; October 28, 2010 at 3:20 PM
karen said...: Ben, if your wife doesn't have the clarisonic plus.. get her one for christmas.. i swear by that thing, too..

http://www.clarisonic.com/us/

I'm dying for the "Opal" now.. working on getting the best price, of course.; October 28, 2010 at 3:21 PM
karen said...: ben, at 3:18, exactly.. and crude is still lagging as well.. i'm a dollar bull unless uup 22.35 breaks. $copper a weakie today, too..; October 28, 2010 at 3:22 PM
karen said...: maybe buying your wife a skincare tool is a no-no.. better yet, buy if for yourself (in gray!) and your beautiful new face will be your gift to your wife.; October 28, 2010 at 3:25 PM
McFearless said...: I should take better care of my skin....I'm already doing frou frou drinks, why stop there

pedis and manis next week; October 28, 2010 at 3:28 PM
McFearless said...: unfortunately when it comes to that kind of stuff I've gone with the random basket from bath and body works in the past, though I try to pick a cool scent each time

this year I might go to Ulta...but I don't know if I'll have enough time; October 28, 2010 at 3:30 PM
I-Man said...: Wheres LB?; October 28, 2010 at 3:30 PM
karen said...: i have never seen anything like this in my life: C on a ten min candle chart over the last 2 days, especially.

i am actually very scared now.. if they can do that to C.. what can they do to the entire market.; October 28, 2010 at 3:32 PM
BR on QE4Ever said...: Ben (3:08) - Like Cvienne and I have pointed out, BR will tell you what he thinks about QE after the fact.

He of course will be right.

Mangy Mutt; October 28, 2010 at 3:33 PM
Effing Computer said...: I-man, He is probably getting the Effing Computer in his car fixed.

Personally I would suggest getting a slide ruler installed, but I am old fashion like that.

Mangy Mutt; October 28, 2010 at 3:35 PM
CitiBank said...: Karen - I do not remember for sure, but I think it was my hero, Hussain Obama that said earlier this week that now was the time to buy C.

Personally I don't trust him - It seems like he wants to do everything by committee.... Just the wrong committee.

Mangy Mutt; October 28, 2010 at 3:38 PM
Jennifer said...: I hate it when a wedge morphs into a channel.Also, wireless mouse = bad idea.; October 28, 2010 at 3:38 PM
karen said...: c just backed off 4.17.. that is a seriously footprinted chart.; October 28, 2010 at 3:39 PM
McFearless said...: some with wireless keyboard, they always break.; October 28, 2010 at 3:39 PM
karen said...: Jenn.. i can't use any mouse (anymore!); October 28, 2010 at 3:40 PM
karen said...: and what in the heck happened to C volume?! POOF!; October 28, 2010 at 3:42 PM
McFearless said...: it's hanging out with that guy

cash on the sidelines; October 28, 2010 at 3:44 PM
McFearless said...: anyone buy HAL when it was -14%?; October 28, 2010 at 3:45 PM
Anon-O-Mouse said...: Karen (3:40)- have you tried using Anon-o-mouse?

Mangy Mutt; October 28, 2010 at 3:46 PM
McFearless said...: really need to take a hard look at COT for the dollar over the weekend, little concerned all the big volume was so the insties could sell more; October 28, 2010 at 3:47 PM
Good Volume on Posts said...: The Volume on C might have gone POOF, but we are making good volume on the posts in this thread.

Does that count for anything?

If we make it to 400 does it roll over into a new page?

Mangy Mutt; October 28, 2010 at 3:48 PM
karen said...: I wish the FXE wasn't looking so strong.. it rather negated my bearish scenario : (; October 28, 2010 at 3:50 PM
karen said...: spy now has 4 black and 1 red out of 9 trading days.. i read that as bearish.

and 6 black and 2 red out of last 14 trading days... just sayn'; October 28, 2010 at 3:54 PM
I-Man said...: How come when I wake up I'm in such a good mood, and then by the time the bell rings I'm ready to punch Bernanke?; October 28, 2010 at 3:55 PM
McFearless said...: well, while I'm looking forward to tomorrow, i think we all know what really matters is next week next Friday is also New Moon.; October 28, 2010 at 3:55 PM
Jennifer said...: This hurts.; October 28, 2010 at 3:56 PM
karen said...: tradefast

rally is obvious result of POMO, PPT, FOMC, CIA

I'm sure he was JK..(but if you look at C on a ten minute chart.. this isn't so funny!); October 28, 2010 at 3:56 PM
Broken Record said...: Karen - Sorry to sound like a broken record, but being bearish at this time may not be the way to go.

But when it happens - BAMMMM!!!! And a whole lot of longs will lose their shorts.... So to speak.

Mangy Mutt; October 28, 2010 at 3:56 PM
Jennifer said...: I used to read a blog by a guy who traded lunar cycles....it folded.; October 28, 2010 at 3:57 PM
Jim Crammmmmer said...: Don't get mad, get back to even, start here:

http://www.amazon.com/Jim-Cramers-Getting-Back-Even/dp/1439158010; October 28, 2010 at 3:57 PM
McFearless said...: whenever EWI charts lunar cycles you should fade it. 61.8% of the time it works every time.

got that?; October 28, 2010 at 3:58 PM
McFearless said...: I hold Jason Bourne accountable for the rally.; October 28, 2010 at 3:59 PM
Bernanke Punching Bag said...: I-man, When I was a kid I had one of those punching bags with a picture of a clown on it, you would fill it up with sand in the bottom then inflate it and knock it to kingdom come.

If I find one with Bernanke on it, I will get it for you :)

Mangy Mutt; October 28, 2010 at 3:59 PM
karen said...: CV.. just posting this for you.. I'm not going to bother with it:

http://bespokeinvest.squarespace.com/thinkbig/2010/10/28/historical-midterm-election-results-and-market-performance.html; October 28, 2010 at 3:59 PM
karen said...: i can't deal with this one either..

http://thecommodities-market.blogspot.com/2010/10/rare-earth-minerals-bubble.html; October 28, 2010 at 4:00 PM
Jennifer said...: Good post at Mish's about "cash in" refi's.; October 28, 2010 at 4:01 PM
I-Man said...: I wish there was a bar within walking distance of my house.; October 28, 2010 at 4:02 PM
Don't get Mad said...: Jimmy Crammer - I hope YOU are not mad with me, cuz I use to have those "Crazy Crammer" Jammies. I don't know if you still have the photos I sent you of me wearing them.

Anyyyyyywayyyyyy - They were getting kind of old, so I bought some Borak Hussain Obama Jammies - WITH the footies too.

Soorrrryyyyyy Mannnn

Mangy Mutt; October 28, 2010 at 4:02 PM
Then Vote YES said...: I-man, If you vote yes on the liquer store initiative, all you have to do is walk down to Safeway to get all the booze you need.

Mangy Mutt; October 28, 2010 at 4:03 PM
Jennifer said...: Is there a rule about how to trade trendlines that get broken for a couple of minutes and then recaptured? For example, SPX hourly -- trendline down from 1196.14 through this morning's 10 am candle, perfect stop at end of day, except for that 9:30 brief piercing.; October 28, 2010 at 4:05 PM
Jennifer said...: I love footie pjs, my little guy still wears them. It will be sad when he figures out about blankets.; October 28, 2010 at 4:06 PM
karen said...: I-Man.. too bad we can't meet at the Pier in 45! LOL.. It's close to 80 here today with full sun, too..; October 28, 2010 at 4:06 PM
AmenRa said...: The "number that shall not be named" heads home satisfied that his nemesis failed at their mission.; October 28, 2010 at 4:07 PM
karen said...: Jenn, the only rule in this market is buy the dip!!; October 28, 2010 at 4:07 PM
AmenRa said...: Jennifer

Trendlines get plenty of headfakes. The question is was it a solid break or just a test?; October 28, 2010 at 4:08 PM
karen said...: "Dow recovers all but 17 points of 74-point slide; 3M is laggard, down 6%"

Will wonders never cease?!

Rule #1. Buy the dips.
Rule #2. Buy what you hate.; October 28, 2010 at 4:09 PM
karen said...: okay, i will stop being silly and go to the beach.. maybe maybe make a margarita to go?; October 28, 2010 at 4:10 PM
Anonymous said...: Man, exiting my gold long two days ago looks dumb. The only good thing about it is that I was able to use some tax losses from earlier in the year to offset that gain. No way I'm getting back in the gold trade here.

Cash is like a warm blanket.

I did pretty well this month with VLCCF (my shipper that I mentioned buying on Oct. 6). I'm still long at the moment.

I shorted some TOT 55 calls a while back. I need those to fold under next month to cover.; October 28, 2010 at 4:10 PM
Jennifer said...: In the comments at Mish, someone made the point (obvious, but I hadn't really thought about it yet) that only the best loans are buying down principal, so the remaining loans become riskier almost by definition. Also, if you have a mortgage at 4 or 5%, and you have the cash, maybe "cash in" is a good use of funds since there aren't many investments out there that pay much more than that without big risk. Not sure how the interest rate deduction offsets that though.; October 28, 2010 at 4:11 PM
72bat said...: k -
are these numbers off google correct for c's volume? Vol / Avg. 239.44M/535.56B? should that be an M rather than a B?
even to my inexpert eye the jiggedly lines on the c charts for the last few days look wrong, just plain wrong.; October 28, 2010 at 4:11 PM
I-Man said...: @ Jenn

I had to get over my TL addiction... hopefully there is a Gann support group nearby that can help you.

You'll never worry about a broken TL again.

:)

The key for I-Man was internalizing that the market is never linear, hence, the fallacy of imposing a TL on it.; October 28, 2010 at 4:13 PM
karen said...: bat.. avg 10 day volume for C stand at 639,880,419.. there have been some 1B plus days tho.. the week of 11-15 had two..

i have today's volume at 258,615,731; October 28, 2010 at 4:16 PM
Jennifer said...: Deep. I like it. But I'm starting to get strange looks from the other people at the library because I'm spending so much time in the stock market section...I don't know much (anything?) about Gann except for the little I've read here.; October 28, 2010 at 4:16 PM
Jennifer said...: Stole AA batteries from a flashlight some neighborhood kid lost in my yard the other night so I could make my mouse work again.; October 28, 2010 at 4:17 PM
Footies Pj's said...: Jennifer - Yes the footies Pj's are great, but VERYdifficult to find in adult size.

My Neaderthal looking neighboor laughs at me when I wear them outside, but that's ok, cuz he is too stupid not to know you shouldn't drive a car without oil. (I do not know how many negatives I put in that sentence, but I am sure it will turn out right)

Anyway, sometime the plastic in the bottom cracks and my big toe sticks out and gets cold.

But I have found it is NOT a good idea to use staples to fix them.

Mangy Mutt; October 28, 2010 at 4:18 PM
karen said...: MSFT up on earnings so far but FSLR down over 5%..; October 28, 2010 at 4:18 PM
Jennifer said...: Off to Brownies. Have a good afternoon! Think of me if it is sunny where you are...Brrr. (Where'd the snuggie go?); October 28, 2010 at 4:18 PM
karen said...: hope ben is still around to see EXAS down over 23% in AH!!; October 28, 2010 at 4:19 PM
Female Mouse said...: Jennifer - If you use a male mouse that plugs into the back of your computer you do not have to worry about batteries.

The best way to check if it is male is to pick it up and turn it over. If it has a ball it is male.

Mangy Mutt; October 28, 2010 at 4:21 PM
Never Make it said...: Come on guys, we will never make it past 400 comments at this pass.

Lets get the volume up.

Mangy Mutt; October 28, 2010 at 4:31 PM
McFearless said...: exas....wow, buy dem dips ror.; October 28, 2010 at 4:54 PM

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