G-String one-side snipped already...

S&P future below 1200

This post has been edited by simonc: Nov 21 2011, 05:22 PM

can break 1100?

Waahh.. from G-string to Full Monty overnight!! Thanks for the Super Committee No Deal situation.

Anyway, I was off last night. No trade for me except to continue to ride on my protective puts from the 1220 level from last week. Haven't let that go yet. Thank goodness!

Going to watch and see how far we can go down. Nasdaq and SP500 broke support at 50ma and Dow hanging just by only.

I'm watching AAPL closely.. this is going to a good opportunity here at 363-369 area!!

This post has been edited by danmooncake: Nov 22 2011, 07:37 AM

I thought LVS was hit harder?

Actually, not bad for LVS.. still holding the bottom of the range: 43/44~49/50 here.
43/44 is a buy area at tier 1. If 43/44 support fails, then 39/40 as next support.
43/44 is prior to their Q3 earning results so good area to get some and hold.

But, look at AAPL. Good support here 363-370.
I'm going to get some long calls here.

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Added on November 23, 2011, 5:40 am
Closing for Nov 22
Dow 11,493.72 -53.59 -0.46%
Nasdaq 2,521.28 -1.86 -0.07%
S&P500 1,188.04 -4.94 -0.41%

What's working:
AAPL 376.51 +7.50 +2.03%
LVS 44.24 +0.57 +1.31%



This post has been edited by danmooncake: Nov 23 2011, 05:40 AM

Nice knife catching on AAPL

Yesterday it gap up a bit , i dun dare to chase

For AAPL, it should be ok. Everyone was waiting for that pivot at 200MA (363-365).
Today, should be good sign for the bulls to jump back in. Volume is decent.
Just make sure stop at 365 or slightly less for now or move up 5 pts trailing the current price.

This post has been edited by danmooncake: Nov 23 2011, 08:57 AM

How bout the broad market?

Seeing any bounce coming soon?

I guess bears are tired now, bull returning next week.

All three major indexes are still technically bearish. But, looking at the advance/decline
and internals, there seems to be underlying bid to keep prices here and no major selloff.

Perhaps it is low volume week (US market off Thursday evening and half day on Friday).
SP500 (much broader than Dow) is at 1188, smacked right in the middle (50% retracement) from 1292 (oct 21 high).

I think we may will see some consolidation here for a week or so before any major move.

Yup, better keep my powder dry and get ready for the annual santa claus rally

Probably going lower for a bigger springboard..
Just hope the springboard plank don't break due to over-bend

This post has been edited by simonc: Nov 23 2011, 12:40 PM

Look like another bloodbath tonight

Any chance getting AAPL on 365 tonight?

Just watch for it..if it drops, most likely between 368 and 370'ish (S1/S2 midpoint).
But, it will be buying opportunity if you see it dips below that 370.

If Dow drops 200 pts or more, then all bets are off.. 363 or lower could be in place.
I think unlikely tonight as volume is low. But, it is time to catch some bargain for US black friday shopping.

Anyway, another one that I like is CAT.
Short term trading range: 87-98 now.
Close to Tier 2 support level for a small buy here.

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Added on November 24, 2011, 12:05 amAAPL buy signal here: 368.

Good luck if anybody wants it!



This post has been edited by danmooncake: Nov 24 2011, 12:05 AM

any ppl analysing evr evercore?
I heard bloomberg radio sYing that supposed be a 100 dollar share therefore its pe Rround 4x and market cap only 9xx milion usd

Closing for Nov 23

Dow 11257.55 -236.17 -2.05%
Nasdaq 2460.08 -61.20 -2.43%
S&P500 1161.79 -26.25 -2.21%

LVS playbook: long 45 Nov weeklies PUTs to hedge my 1000 shrs of LVS
AAPL playbook: long 360 Jan Calls, short 370 Dec calls

Long TZA.

I'm expecting flat or small bounce on Friday evening (half trading day) and roll over again next week.

You are the counting the money

Another massacre day tonight

They wont stop until Angela order the printing press

Tonight half day........every1 waiting to exit.....HORROR MOVIE

Halloween extending for a month this year

S&P 500
Bearish below 1161 with 1142 & 1135 in sight.

The upside penetration of 1161 will call for a rebound towards 1168 & 1182.
Comment: the RSI calls for a new downleg.
Pivot: 1161

This post has been edited by dinamika: Nov 25 2011, 10:16 PM