and U.S. bonds can't crack resistance....again.
Great tell again.
Germany flash crash
Started by
securelstmile
, Apr 17 2013 08:50 AM
11 replies to this topic
#1
securelstmile
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Posted 17 April 2013 - 08:50 AM
The harder I work, the luckier I get.
#2
jdjimenez
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Posted 17 April 2013 - 08:52 AM
Have to believe that if morning lows are broken we see a pretty quick 20 point S&P slide.
JDJ
Edited by jdjimenez, 17 April 2013 - 08:54 AM.
#3
securelstmile
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Posted 17 April 2013 - 09:12 AM
I think the reason we are seeing support hold has to do with the incentive of the amount of puts being held by retail players this opex week. Just too much there to let it go. Think about it if the market makers were holding those puts they would have used the dax flash crash to get it done but instead, it held.
Edited by securelstmile, 17 April 2013 - 09:14 AM.
The harder I work, the luckier I get.
#4
jdjimenez
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Posted 17 April 2013 - 09:36 AM
I think the reason we are seeing support hold has to do with the incentive of the amount of puts being held by retail players this opex week. Just too much there to let it go. Think about it if the market makers were holding those puts they would have used the dax flash crash to get it done but instead, it held.
That's a thought.
I just sold 1/3 and will continue dropping my s/l on remainder 5 points for every 10 down and will go flat between 1535/1530. Will only play downside for now.
JDJ
#5
Dex
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Posted 17 April 2013 - 09:55 AM
and U.S. bonds can't crack resistance....again.
Great tell again.
Maybe with the US 10 year at 1.7% people just going from stocks to cash - not bonds.
"The secret of life is honesty and fair dealing. If you can fake that, you've got it made. "
17_16
17_16
#6
securelstmile
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Posted 17 April 2013 - 10:06 AM
Nice trade, I am long but have been for months. I don't see a turn yet. I keep watching but not yet.
Dex, maybe. Commodities moves have probably cratered some funds affecting all assets out there so let's see what happens after the 11 am margin clerks are done.
The harder I work, the luckier I get.
#7
securelstmile
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Posted 17 April 2013 - 10:26 AM
I bet we close green. I am not joking.
The harder I work, the luckier I get.
#8
securelstmile
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Posted 17 April 2013 - 10:27 AM
I bet we close green. I am not joking.
The harder I work, the luckier I get.
#9
Zim
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Posted 17 April 2013 - 10:41 AM
If you don't mind my asking: Based on what?I bet we close green. I am not joking.
According to IBD Volume is tracking higher again today as it did on Monday.
Best
Bill
#10
securelstmile
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Posted 17 April 2013 - 11:01 AM
If you don't mind my asking: Based on what?I bet we close green. I am not joking.
According to IBD Volume is tracking higher again today as it did on Monday.
Best
Bill
It is one of those, "that which doesn't kill us makes us stronger" kind of things. And believe me, if they wanted to kill us they could have...but they didn't.
The harder I work, the luckier I get.
