20 replies to this topic

[beta]

1465 seems to be a middle of the range R that is operative, with price trading above and below

Exactly -- 1465 is the fulcrum. I think we get 30 pt swings on both sides coming up.

Im playing this hedged. Short AAPL from 135 (tgt 125) and long TSL (tgt 60).

[arbman]

It should rally right now or it will break the trendline in the intraday charts, it is testing from back a declining trend line too...

[Russ]

Covered ES shorts now. May go long.

[beta]

Closing AAPL short for small +

Long LEH in the 57's, tgt 60. Think brokers have put in a temporary bottom.

Closing AAPL short for small +

Long LEH in the 57's, tgt 60. Think brokers have put in a temporary bottom.

Bot LEH 65 calls -- if today's low holds, think it runs to high 60's.

[arbman]

It should rally right now or it will break the trendline in the intraday charts, it is testing from back a declining trend line too...

The rally finally picked up, imho, I think it will close very strong too...

[arbman]

Boy have I been wrong, but it appears to me this is still not enough to break the lows, a lot of manipulation if you ask me...

[arbman]

I am adding a bit more at these lows...

[arbman]

Trin is 2.65, A-D is -2000, tick hit roughly -1400, the A/D volume ratio 0.08, yet the volume is still below wednesday's on the NYSE and most of the indices are still making a higher low. It could definitely push a bit lower on Monday, but can it keep it there?!? The ratios were deteriorating into the close, btw...

[arbman]

Wow! Most of the indices broke below the previous lows, a lot of capitulation, at this point I am stopped out on most of my positions and watching...

[beta]

Closing AAPL short for small +

Long LEH in the 57's, tgt 60. Think brokers have put in a temporary bottom.

Closing AAPL short for small +

Long LEH in the 57's, tgt 60. Think brokers have put in a temporary bottom.

Bot LEH 65 calls -- if today's low holds, think it runs to high 60's.

Stopped out LEH for 1pt loss on break of LOD. Holding '65 calls over the weekend.

Might sound nuts, but I think we've put in a s/t bottom today (re DV).

Next bounce tgt ==> 1465.