hmm. looks like GREEN closing, so are we uptrend till 11000?
US stock discussion v2
US stock discussion v2
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May 12 2010, 12:31 AM
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#461
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8,510 posts Joined: Dec 2004 From: KayEL |
hmm. looks like GREEN closing, so are we uptrend till 11000?
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May 12 2010, 04:31 PM
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#462
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QUOTE(SKY 1809 @ May 12 2010, 10:50 AM) That sounds very risky. I still wonder WHY the computers are so stupid to sell down a stock from US $ 40 to a penny stock. And the systems just allowed to let it to pass through. Something more is cooking. Could be another fairy tale likes the Princess Diana. QUOTE(AnonyNite @ May 12 2010, 10:52 AM) yea, i'm quite surprised till now they have no idea what happened on thursday, they should have all trade data available; order, confirmation, cancellation, etc from all the securities, shouldn't be hard to piece out what happened from those data. or maybe they know the reason, but don't wanna tell. Come on. Not at Princess Diana's level. You need to understand how Investment Bankers work and provide liquidity in the market.Something wrong, yes - everyone agreed but no final solid answer can be given. Do read certified professional write-up over the net. Several factors already identified. CME did their own investigation, which shown no liquidity was present, aka no market makers in the whole system. On any given day, there are 50 platforms from major MM (IB) to provide liquidity (buyers/sellers), inclusive ECN. However, the missing 8 minutes (some call 15 minutes) most platforms "disengaged" or "disconnected" from the market. So the market (NYSE-ACRA, AMEX, NASDAQ) don't talk to each others. So, what ever platform exist in the market, the BUY/SELL trade match. If you have L2 quotes, you can see everyday there will be auto BUY Q at $0.01. So, shares like Exelon Corp or Accenture matched at $0.01 Does that clear enough? |
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May 12 2010, 10:10 PM
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#463
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May 13 2010, 12:26 AM
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#464
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QUOTE(zamans98 @ May 12 2010, 10:10 PM) QUOTE(danmooncake @ May 12 2010, 10:16 PM) I've sold 1/4 ING now at 9.02, leave the other 1/4 till it gets close to 50MA (9.5) or so. 150 points to 11,000 but if you carefully see the L2 quotes, market sentiment is weak.I may try to short if we get to 50MA for a short bounce from the 50MA resistance ceiling. Looks like the general market is going to nudge higher till it tries to reach SPX 1173, perhaps by this Friday. ING in profit, USD175 and counting. Short all the way baby! |
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May 13 2010, 11:26 PM
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#465
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QUOTE(danmooncake @ May 13 2010, 09:43 PM) Something cooking X tonight... 3% surge Never noticed BIDU (Baidu Inc) until u wrote. Thanks. Looks nice at 70$.Oil under pressure.. below $74 now. UCO is looking very attractive! I need it below $11 and I'm buying! Update: OMG! Look at BIDU after split.. more affordable, $15-$20 pop just 5 days. This thing going to rocket to $100. Added on May 13, 2010, 11:42 pmX in profit taking mode after reaching high on steroid today. This post has been edited by zamans98: May 13 2010, 11:42 PM |
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May 14 2010, 10:15 PM
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#466
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wow, 2 days almost eroded all paper profit. now back to the D-Day of May 6th. EURO is dying.
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May 17 2010, 09:46 PM
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#467
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Market FLAT, means its a possible another RED today?
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May 17 2010, 11:14 PM
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#468
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2nd straight week down, and now in week 3 downturn mode.
what's next? Added on May 17, 2010, 11:30 pmMarket fall on weak volume. This is a typical side way market seems like. This post has been edited by zamans98: May 17 2010, 11:30 PM |
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May 18 2010, 09:58 PM
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#469
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Just login and see GREEN but not strong, like a sotong.
Short is the new LONG, hmmmm.. |
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May 18 2010, 10:37 PM
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#470
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May 18 2010, 11:35 PM
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#471
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QUOTE(danmooncake @ May 18 2010, 11:17 PM) Not high enough for short, not low enough to go long. Not enough momentum to predict either direction. A bit difficult to trade here. Q for C last nite, check, no hit. 3.75. Almost there but not there yet. |
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May 19 2010, 12:25 AM
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#472
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Bull balls got caught again by bear's hand. Everyday down. Not yet confirmed a BEAR in making, still pulling each others balls.
UCO in RED, SDS in Green. |
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May 19 2010, 10:31 PM
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#473
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wow, bear rulez. Bulls are losing their balls.
Man, everyday down how leh? |
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May 19 2010, 10:33 PM
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#474
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QUOTE(honglun @ May 19 2010, 10:31 PM) I'm still on the sideline. Don't know how to capitalize on this volatility. Hope it won't be a bear market as I really hate shorting. Comon bulls! hard to say, it depends on your account/margin. I'm still BULL for short-term. It is just a spills over of PIIGS issues. |
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May 19 2010, 11:09 PM
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#475
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My portfolio everyday down by about 700 USD. Now, see oso no mood.
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May 20 2010, 08:56 PM
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#476
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bloodbath everywhere. With very bad data, means trouble for DJIA.
-170 and counting. |
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May 20 2010, 11:21 PM
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#477
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May 21 2010, 08:40 AM
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#478
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wow, look at the bears... Can't stand to see my portfolio, down nearing 1800 alone yesterday. The worst since started to trade.
Dow down almost 1200 points, and my overall portfolio down almost 30%. Fark. Should cut loss C and STEC earlier. |
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May 21 2010, 09:04 AM
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#479
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May 21 2010, 10:09 AM
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#480
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QUOTE(danmooncake @ May 21 2010, 09:40 AM) Yes, I'll get getting some July or Aug 250 calls depending on which one is more attractive for this bounce play. PPT sleeping, scared. Hiding away. Eh, how was your C? Still holding ?I think S&P 1040 should be the floor here. The big boys will get their 15% cut there. They need to send in the PPT to pump this market back up. |
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