[Hisam135i]

http://finance.yahoo.com/news/greece...230950888.html

Thoughts? guessing the markets should be a bit higher tomorrow on these news

[Vanity]

Originally Posted by Hisam135i

http://finance.yahoo.com/news/greece...230950888.html

Thoughts? guessing the markets should be a bit higher tomorrow on these news

It will be interesting to see what happens now. We are out of January now and the data coming out will be more concise with the actual economy. Greece still has some more loose-ends to manage before it's a "done-deal".

Same type of thing happened back in 08' I believe. Resolution came for their problems, markets rallied, only to crash about 5 days later after "digesting" the news.

We shall see. Crystal Ball's don't exist . US indexes are still over-stretched, they're going to pull-back regardless of if there is a Greece deal or not. Greece news isn't really going to make us "break-out" and rally as we have already "broken-out" in January.

[Hisam135i]

Originally Posted by Vanity

It will be interesting to see what happens now. We are out of January now and the data coming out will be more concise with the actual economy. Greece still has some more loose-ends to manage before it's a "done-deal".

Same type of thing happened back in 08' I believe. Resolution came for their problems, markets rallied, only to crash about 5 days later after "digesting" the news.

We shall see. Crystal Ball's don't exist . US indexes are still over-stretched, they're going to pull-back regardless of if there is a Greece deal or not. Greece news isn't really going to make us "break-out" and rally as we have already "broken-out" in January.

Yes I agree there will be a pull back, but the question is when. The markets could remain overbought for a long time before the correction. Last year we rallied all the way into may/June and then hit lows. Do you think we are in the same situation as last year or will we correct sooner this year in your opinion

[Hisam135i]

In other news look at AAPL

[Vanity]

Originally Posted by Hisam135i

Yes I agree there will be a pull back, but the question is when. The markets could remain overbought for a long time before the correction. Last year we rallied all the way into may/June and then hit lows. Do you think we are in the same situation as last year or will we correct sooner this year in your opinion

I think sooner, rather than later, we will see a correction. Feb 17th and March 9th we have some IT cycles ending. Of the two, it's unclear which is going to put the IT top in. But the NYSE LT momentum is negative (as of last thursday), so a negative LT Momentum is cross-current with positive IT momentum. Says that the market isn't all in one direction anymore, imo.

Edit: Also, CDS markets are indicating a Greek Default. Whereas equity markets still think there will not be a CDS trigger. Boy, when the times get ugly.

[mshanno1]

Just closed 3 AAPL Apr 12 425.00 Call options. 200% return in just under 1 month!!

[Vanity]

Originally Posted by mshanno1

Just closed 3 AAPL Apr 12 425.00 Call options. 200% return in just under 1 month!!

That's awesome stuff!

[Hisam135i]

Originally Posted by Vanity

That's awesome stuff!

+1 that's a good trade.

[Javi335]

Originally Posted by mshanno1

Just closed 3 AAPL Apr 12 425.00 Call options. 200% return in just under 1 month!!

and then people says the markets are evil, congratulations

the us index are tresspasing a critical zone, the two pikes of may and august, before the debt limit "crash" ... mack ... good sign? caution?
sign?

have a nice trade

[AW335TT]

Originally Posted by mshanno1

Just closed 3 AAPL Apr 12 425.00 Call options. 200% return in just under 1 month!!

nicee .. I closed 2 aapl call options for february with almost a 500% increase in 1 day last week. I was doing really quick day trades all last week on February calls averaging 100% a day. Aapl has been spoiling me with gains lately haha

[Vanity]

Something everyone should read:

A Perfect Storm of Leading Indicators

In my opinion, this article takes in as many view points, indicators, and reasoning to come to a non-biased answer for where the market direction is headed. It tries to get through all the noise of whether this is a Secular Bull, or a Secular Bear market setup. The conclusion is very well deduced.


Not too bad of a read, about 15 minutes worth.

[mshanno1]

Originally Posted by AW335TT

nicee .. I closed 2 aapl call options for february with almost a 500% increase in 1 day last week. I was doing really quick day trades all last week on February calls averaging 100% a day. Aapl has been spoiling me with gains lately haha

Tell me about it! I started trading for the first time last summer, and I mostly only trade AAPL options. The gains I have made from AAPL in the last ~6+ months have been unreal.

[Hisam135i]

Today was a good day
Shorting bac from 8.08
Tvix at 18.47
And still stuck with spxu at 11.8

[AW335TT]

That was pain full to watch...

[Javi335]

Originally Posted by Javi335

and then people says the markets are evil, congratulations

the us index are tresspasing a critical zone, the two pikes of may and august, before the debt limit "crash" ... mack ... good sign? caution?
sign?

have a nice trade

mac is missing, anyone can answer me? nobody give relevance to that numbers? yeah, the sky looks blue, but ... there are a few clouds over

[Hisam135i]

Originally Posted by Javi335

mac is missing, anyone can answer me? nobody give relevance to that numbers? yeah, the sky looks blue, but ... there are a few clouds over

Read the posts on the previous page. indicators have been pointing at an overbought market for awhile now, it's due for a correction

[Javi335]

Originally Posted by Hisam135i

Read the posts on the previous page. indicators have been pointing at an overbought market for awhile now, it's due for a correction

hahaha, dude, theres always overbought in the stock market. if a price dont raise, is because someone dont want it to do, but if you feels to call it a correction go ahead

amazon had taken a flat channel since months, not much profits of margin per stock, but very stable and predictible. Thats the kind i like to operate, dont have much free time nor gets huge risk either.

ciao

[Vanity]

Sometimes Javi makes sense, but then doesn't. I tried understanding those last posts... Tried...

[Hisam135i]

Originally Posted by Vanity

Sometimes Javi makes sense, but then doesn't. I tried understanding those last posts... Tried...

I would have responded, just didn't make sense to me as well lol

[Javi335]

hahah

Hisam, you said; the correction is due a overbought

i said: theres always overbought, just need to specify how many "overs" to add: overbought, over-overbought, and so ...

if you want to call it a correction, pull backs, its ok, i called prices someone sets, up or down, when its broked is because that someone does it. In the middle of that prices rank, there are us, some kind of amorphous traders flock



understand me now?

[Express]

i lost all of my money in the stock market recently.

[CamelBiscuit]