Nothing yet announced. They are trying to pass a financial reform bill (led by Senator Dodd) and keep emphasizing it's passing on CNBC. One of the clauses proposes is “n addition to addressing concerns over how to maintain the financial system's stability, the bill takes aim at regulating the risky financial instruments that have been blamed for contributing to the financial crisis and protecting consumers from risky financial products that have also been blamed for their role in the crisis.” Anyway, I will keep you posted if I hear anything more but I just have this feeling that they are going to ban the 3X ETFs at the top. Here is the most recent article I could find: http://www.reuters.com/article/idUSTRE62D1YI201…
Alright. Just trying to get a grip on things. Thanks. Wonder what they are going to announce with this financial regulation – probably that all 3X ETFs have to be liquidated.
there is a 87% probability that AAPL's current uptrend since 1/09' is it's terminal ATH in it's current lifecycle, so where ever it stops will be highly ritualistic, I haven't had a chance to look @ terminal values : date, you won't see AAPL straying 10%+ from it's reg. limit
it's terminal de-leverage pt. is 134.45, all long positions above that number will eventually become underwater
Perhaps subconsciously Red is answering the right question.
You are sailing on a FAIL boat, red. LOL He asked what PUTs to buy for the 'correction' later.
Good answer but wrong question. LOL
He hasn't mentioned giving up on 1200.
If he is right, then that means we get there and then bounce back up to higher highs before falling gain.
Carl dropped his low for today from 1161 to 1156
1155-1156 was his support area a couple of days ago.
Now he sees 1150-1156 as a possible low area.
More recent article from today here:
http://www.reuters.com/article/rbssBanks/idUSN2…
Nothing yet announced. They are trying to pass a financial reform bill (led by Senator Dodd) and keep emphasizing it's passing on CNBC. One of the clauses proposes is “n addition to addressing concerns over how to maintain the financial system's stability, the bill takes aim at regulating the risky financial instruments that have been blamed for contributing to the financial crisis and protecting consumers from risky financial products that have also been blamed for their role in the crisis.” Anyway, I will keep you posted if I hear anything more but I just have this feeling that they are going to ban the 3X ETFs at the top. Here is the most recent article I could find: http://www.reuters.com/article/idUSTRE62D1YI201…
i don't N.E.W.S. so what are they doing banning inverse ETF's?
Alright. Just trying to get a grip on things. Thanks. Wonder what they are going to announce with this financial regulation – probably that all 3X ETFs have to be liquidated.
there is a 87% probability that AAPL's current uptrend since 1/09' is it's terminal ATH in it's current lifecycle, so where ever it stops will be highly ritualistic, I haven't had a chance to look @ terminal values : date, you won't see AAPL straying 10%+ from it's reg. limit
it's terminal de-leverage pt. is 134.45, all long positions above that number will eventually become underwater