E90Post
 


Extreme Power House
 
BMW 3-Series (E90 E92) Forum > BIMMERPOST Universal Forums > Off-Topic Discussions Board > Stock market Thread II--Technical Analysis



Reply
 
Thread Tools Search this Thread
      08-24-2011, 08:02 PM   #89
Inspired
Colonel
 
Inspired's Avatar
 
Drives: 335i
Join Date: Dec 2007
Location: California

Posts: 2,251
iTrader: (2)

Quote:
Originally Posted by Vanity View Post
Good thing I didn't jump into AAPL when it hit $356 this monday.

My guess is Bernanke has no choice but to initiate QE3 now? Thoughts, Mact?
Inspired is offline  
0
Reply With Quote
      08-24-2011, 09:57 PM   #90
landau88
First Lieutenant
 
Drives: 2007 335xi
Join Date: Feb 2011
Location: Philadelphia

Posts: 303
iTrader: (0)

Young finance professional here (not in sales & trading). Going to start following this thread. OP, can you start posting your returns? maybe weekly or mtd or something?
landau88 is offline  
0
Reply With Quote
      08-25-2011, 09:22 AM   #91
ES_TRADER
Colonel
 
Drives: 328i, 335i, M3, 535i, X5, 36M
Join Date: Oct 2010
Location: OC

Posts: 2,464
iTrader: (3)

Garage List
2014 Ford Raptor (o ...  [0.00]
2012 328i E92  [5.00]
2013 X5  [0.00]
2013 335i F30  [4.00]
1990 Toyota Previa  [0.00]
1997 E36 M3  [5.00]
2011 E92 M3  [0.00]
2011 535i  [0.00]
gap filled on ES to satisfy the bulls..sold off
ES_TRADER is offline  
0
Reply With Quote
      08-28-2011, 12:45 AM   #92
Vanity
Private First Class
 
Vanity's Avatar
 
Drives: BMW E90 LCI
Join Date: Feb 2010
Location: BC, Canada

Posts: 123
iTrader: (0)

Is the market due for another int bottom soon, or is it on it's short-term rally back for a few more days?
__________________
Vanity is offline   Canada
0
Reply With Quote
      08-28-2011, 11:55 PM   #93
mact3333
Captain
 
mact3333's Avatar
 
Drives: 11' Audi S4
Join Date: Mar 2011
Location: Pacific NW

Posts: 778
iTrader: (1)

odds favor IT bottom already hit...we chop higher now for a month.
mact3333 is offline  
0
Reply With Quote
      08-29-2011, 03:29 AM   #94
stylinexpat
Captain
 
stylinexpat's Avatar
 
Drives:
Join Date: Aug 2008

Posts: 805
iTrader: (0)

End of the month window dressing should mean we head up. Asian markets did quite well today so I reckon we follow on Monday when the DOW opens up.
stylinexpat is offline  
0
Reply With Quote
      08-29-2011, 11:50 AM   #95
mact3333
Captain
 
mact3333's Avatar
 
Drives: 11' Audi S4
Join Date: Mar 2011
Location: Pacific NW

Posts: 778
iTrader: (1)

we made a IT bottm because TRIN touched 5.5 two wks ago...we were very oversold and need to release this pressure before selling resumes...think longs good for awhile...think this thread caught the bottom within a day....
mact3333 is offline  
0
Reply With Quote
      08-29-2011, 03:13 PM   #96
Vanity
Private First Class
 
Vanity's Avatar
 
Drives: BMW E90 LCI
Join Date: Feb 2010
Location: BC, Canada

Posts: 123
iTrader: (0)

The markets were up quite a bit today. Any suspected sell-offs tomorrow to protect profits?
__________________
Vanity is offline   Canada
0
Reply With Quote
      08-29-2011, 11:17 PM   #97
mact3333
Captain
 
mact3333's Avatar
 
Drives: 11' Audi S4
Join Date: Mar 2011
Location: Pacific NW

Posts: 778
iTrader: (1)

you will not make money trading for short term...what happens tomorrow should be irrelevent...what happens over the next month is important...if you trade day to day odds high you will lose money...it is these people who the pro's feed off of...get the IT and LT trend right to make money...trend will be up for awhile.
mact3333 is offline  
0
Reply With Quote
      08-30-2011, 09:31 PM   #98
mact3333
Captain
 
mact3333's Avatar
 
Drives: 11' Audi S4
Join Date: Mar 2011
Location: Pacific NW

Posts: 778
iTrader: (1)

seeing some selling coming up for very short term.
mact3333 is offline  
0
Reply With Quote
      08-31-2011, 02:22 AM   #99
stylinexpat
Captain
 
stylinexpat's Avatar
 
Drives:
Join Date: Aug 2008

Posts: 805
iTrader: (0)

I still love MCP after it sells off. Has managed to bounce back every single time. For those that love to trade, keep an eye on MCP. RIMM is back in Bullish mode again.
stylinexpat is offline  
0
Reply With Quote
      08-31-2011, 09:06 AM   #100
mact3333
Captain
 
mact3333's Avatar
 
Drives: 11' Audi S4
Join Date: Mar 2011
Location: Pacific NW

Posts: 778
iTrader: (1)

Quote:
Originally Posted by stylinexpat View Post
I still love MCP after it sells off. Has managed to bounce back every single time. For those that love to trade, keep an eye on MCP. RIMM is back in Bullish mode again.
Hmm...wanted to add to long positions(TNA, TYH) during slight selloff but it didnt happen...I am long REE, MCP's little brother since 7.5.
mact3333 is offline  
0
Reply With Quote
      08-31-2011, 01:58 PM   #101
mact3333
Captain
 
mact3333's Avatar
 
Drives: 11' Audi S4
Join Date: Mar 2011
Location: Pacific NW

Posts: 778
iTrader: (1)

haha...I was wondering why charts said selloff and we didnt get one this am...here it comes just as planned......this will be very short term selloff...then rally time for abit longer....
mact3333 is offline  
0
Reply With Quote
      09-01-2011, 02:05 AM   #102
stylinexpat
Captain
 
stylinexpat's Avatar
 
Drives:
Join Date: Aug 2008

Posts: 805
iTrader: (0)

More gains tomorrow.
stylinexpat is offline  
0
Reply With Quote
      09-01-2011, 10:01 AM   #103
ES_TRADER
Colonel
 
Drives: 328i, 335i, M3, 535i, X5, 36M
Join Date: Oct 2010
Location: OC

Posts: 2,464
iTrader: (3)

Garage List
2014 Ford Raptor (o ...  [0.00]
2012 328i E92  [5.00]
2013 X5  [0.00]
2013 335i F30  [4.00]
1990 Toyota Previa  [0.00]
1997 E36 M3  [5.00]
2011 E92 M3  [0.00]
2011 535i  [0.00]
shit man u see that ISM bar,...fuckers just faded it
ES_TRADER is offline  
0
Reply With Quote
      09-01-2011, 01:04 PM   #104
mact3333
Captain
 
mact3333's Avatar
 
Drives: 11' Audi S4
Join Date: Mar 2011
Location: Pacific NW

Posts: 778
iTrader: (1)

Quote:
Originally Posted by stylinexpat View Post
End of the month window dressing should mean we head up. Asian markets did quite well today so I reckon we follow on Monday when the DOW opens up.


One would think huh?...but delta charts dont lie...hope people are making use of the calls on ST and IT basis....did anyone buy AGQ at 160 level?.

I have no idea what employment numbers will be tomorrow but charts say the mkts will interpret it as being bad, as I see some more selling over ST basis...but good time to add to longs imho.
mact3333 is offline  
0
Reply With Quote
      09-01-2011, 01:30 PM   #105
ES_TRADER
Colonel
 
Drives: 328i, 335i, M3, 535i, X5, 36M
Join Date: Oct 2010
Location: OC

Posts: 2,464
iTrader: (3)

Garage List
2014 Ford Raptor (o ...  [0.00]
2012 328i E92  [5.00]
2013 X5  [0.00]
2013 335i F30  [4.00]
1990 Toyota Previa  [0.00]
1997 E36 M3  [5.00]
2011 E92 M3  [0.00]
2011 535i  [0.00]
Quote:
Originally Posted by mact3333 View Post
One would think huh?...but delta charts dont lie...hope people are making use of the calls on ST and IT basis....did anyone buy AGQ at 160 level?.

I have no idea what employment numbers will be tomorrow but charts say the mkts will interpret it as being bad, as I see some more selling over ST basis...but good time to add to longs imho.
1180 gap...if the bulls fail to keep it open for a weeks, we'll most certainly rotate lower...thats all i have to say
ES_TRADER is offline  
0
Reply With Quote
      09-02-2011, 08:58 AM   #106
mact3333
Captain
 
mact3333's Avatar
 
Drives: 11' Audi S4
Join Date: Mar 2011
Location: Pacific NW

Posts: 778
iTrader: (1)

peeling off 1/2 my SPY puts for 70% profit in 3 days...peeling off half my AGQ for decent profit there too...called for downturn 3 days ago...charts said we go down doesnt matter the reason.

Offset and protected longs with these shorts was the strategy during this selloff.
mact3333 is offline  
0
Reply With Quote
      09-02-2011, 09:35 AM   #107
M3Bahn
Lieutenant
 
M3Bahn's Avatar
 
Drives: M3
Join Date: Mar 2011
Location: ATL

Posts: 487
iTrader: (0)

Hey Mac put this in your chart maker app.


Massive Wave Of Lawsuits To Be Filed By The US Against America's Biggest Banks As Soon As Tomorrow


In a move that could either send BAC stock limit down overnight or send it soaring (we are still trying to figure out just what is going on here), the NYT has broken major news that the US is preparing to go nuclear on more than a dozen big banks among which Bank of America, JPMorgan Chase, Goldman Sachs and Deutsche Bank, in an attempt for Fannie and Freddie to recoup $30 billion if not much more. The lawsuit is expected to hit the docket in the next few days: "The suits stem from subpoenas the finance agency issued to banks a year ago. If the case is not filed Friday, they said, it will come Tuesday, shortly before a deadline expires for the housing agency to file claims." Now, taken at face value, this would mean that Bank of America can kiss its ass goodbye as unlike the Walnut Place litigation, this will take place in Federal Court where Article 77 is not applicable. Yet there is something that gives us pause: namely logic, captured by the following words: "While I believe that F.H.F.A. is acting responsibly in its role as conservator, I am afraid that we risk pushing these guys off of a cliff and we’re going to have to bail out the banks again,” said Tim Rood, who worked at Fannie Mae until 2006 and is now a partner at the Collingwood Group, which advises banks and servicers on housing-related issues." In other words: if the banks are sued, and if justice prevails, the end of the world is nigh and cue TARP 2 - XXX. Now where have we heard that argument over, and over, and over before.


http://www.zerohedge.com/news/massiv...omorrow?page=1
__________________
The journey is the reward.
M3Bahn is offline  
0
Reply With Quote
      09-02-2011, 10:10 AM   #108
ES_TRADER
Colonel
 
Drives: 328i, 335i, M3, 535i, X5, 36M
Join Date: Oct 2010
Location: OC

Posts: 2,464
iTrader: (3)

Garage List
2014 Ford Raptor (o ...  [0.00]
2012 328i E92  [5.00]
2013 X5  [0.00]
2013 335i F30  [4.00]
1990 Toyota Previa  [0.00]
1997 E36 M3  [5.00]
2011 E92 M3  [0.00]
2011 535i  [0.00]
as i said yesterday, downside gap @ 1180 closed...but closed with another gap
ES_TRADER is offline  
0
Reply With Quote
      09-02-2011, 10:47 AM   #109
mact3333
Captain
 
mact3333's Avatar
 
Drives: 11' Audi S4
Join Date: Mar 2011
Location: Pacific NW

Posts: 778
iTrader: (1)

adding abit to long positions now slowly.
mact3333 is offline  
0
Reply With Quote
      09-02-2011, 01:30 PM   #110
Vanity
Private First Class
 
Vanity's Avatar
 
Drives: BMW E90 LCI
Join Date: Feb 2010
Location: BC, Canada

Posts: 123
iTrader: (0)

Now might be the time to invest in FAS
__________________
Vanity is offline   Canada
0
Reply With Quote
Reply

Bookmarks

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Forum Jump


All times are GMT -5. The time now is 05:12 PM.




e90post
Powered by vBulletin® Version 3.7.0
Copyright ©2000 - 2014, Jelsoft Enterprises Ltd.
1Addicts.com, BIMMERPOST.com, E90Post.com, F30Post.com, M3Post.com, ZPost.com, 5Post.com, 6Post.com, 7Post.com, XBimmers.com logo and trademark are properties of BIMMERPOST