Not sure if this means anything, so take it for what it’s worth.
I’m looking at a few shorts…VXX (short futures), TZA (short Russell 2000) & FAZ (short financial).
Many of these shorts are active in after hours. Usually these ETF’s extend their losses in after hours by a few pennies because I watch them all the time. But, VXX is up 0.84 cents (1.88%), TZA is up 0.37 cents (1.89%) and FAZ up 0.26 (2.40%). I mean there is no impending doom news, the dollar is weakening and nothing to really warrant a reversal of this bull trend.
Thanks, I’ll check out those links. But what I was really talking about was the DNA changes that everyone will go through after 2012. Many believe that some people will then have special powers… like the X-men movies.
So, if I were to be one of the lucky ones to get some special power, I’d want to heal people.
Hi Red,
You said that you would like to heal people, first you must Learn how to meditate. Try this, start with 5 minutes and every day add a minute until you reach your age then continue for a month. http://www.youtube.com/user/vibrantenergy#p/u/17/mAN_ykzXzoM
I’m with you on that… I’m 50% short, and saving the remaining amount for the FP… if we get there? But if we tank from here… I’d be a happy camper too!
Let’s just see how hard they try to save Cisco tomorrow morning, as that’s the real key to whether tomorrow starts selling right at the open or rallies first… then sells off.
Also, keep your eyes on the dollar. They will likely tank it to push up the market.
The drop in the market is enough to regain what my options lost from their premiums. I’ll be moving my puts to december next week depending on mondays action. Going long is insane and ridiculous at this point. Why bother? It’s too risky. Maybe if you’re day trading and you want to run the markets movements up for a little while, but in that case you’re far better off working with stocks that have a reason to go up. I have 51, 52, and 53 puts on the Qs all for November. I’ve been averaging up and am already down about $2000. If the Qs open up at what they’re at now, $53 even and head down all day, I’ll break out above even and hit the profit point. If the market does that 10% correction, woo boy I’ll finally have enough to actually make some moves.
I think the Fake Print analysis is very effective, and have paid attention to them in the past, but mostly during times I haven’t been trading options. After following your blog for the past 2 weeks Red, I am convinced that they have FAILED to hit the fake print fast enough, and that the number is out the window at this point. Today’s upward movement was bullshit, and reeked of manipulation BUT!!! because of Cisco and its weight in pulling down the Qs after hours, along with aapl and goog, i think tech is down for tomorrow, and with that goes the nasdaq. I think the resistance of holding the nasdaq up (which I think is the most overbought index) and pushing through with the fake rally to the fake print, is not going to overcome the weight down due to the rest of the major sectors. Down comes the nasdaq, down comes the other indices, and they toss the FP out the window and go for the sell signal. It’s probably timed to the DAY rather than just the number and I anticipate some more down days leading into a gap down on monday.
I could be completely wrong, obviously, but I’m all in short and I’m going with my guns. Americanbulls.com had the qs sell confirmed yesterday, but todays movement on the qs flipped that to buy-if. I think that’s nonsense, and its completely out the window with the 1 1/2% drop for the Qs after hours. I think tomorrow will confirm bearish indicators across the board, tossing the 60 minute out the window.
I noticed you had a Bilderberg video up.
I think everyone should watch the Rothschild documentary:
http://www.youtube.com/watch?v=uehhnzIuK7g
It’s unusual for inverse ETF’s to go up on a positive or flat day.
ERY, DRV, BGZ, EDZ, VXX, TZA & FAZ all have similar moves in the after hours.
Last time I saw this the market went down.
Either people are hedging or jumping off the bull bandwagon expecting these ETF’s to be at or close to 52 week lows.
I don’t trade the futures, so I’m not familiar with their patterns, and movements. Are the moves you are talking about more then usual?
Not sure if this means anything, so take it for what it’s worth.
I’m looking at a few shorts…VXX (short futures), TZA (short Russell 2000) & FAZ (short financial).
Many of these shorts are active in after hours. Usually these ETF’s extend their losses in after hours by a few pennies because I watch them all the time. But, VXX is up 0.84 cents (1.88%), TZA is up 0.37 cents (1.89%) and FAZ up 0.26 (2.40%). I mean there is no impending doom news, the dollar is weakening and nothing to really warrant a reversal of this bull trend.
Do you day trade Robert? Or futures in the afterhours?
Thanks, I’ll check out those links. But what I was really talking about was the DNA changes that everyone will go through after 2012. Many believe that some people will then have special powers… like the X-men movies.
So, if I were to be one of the lucky ones to get some special power, I’d want to heal people.
🙂
Nice move in Copper the last hour……….sign of good things to come………..
Hi Red,
You said that you would like to heal people, first you must Learn how to meditate. Try this, start with 5 minutes and every day add a minute until you reach your age then continue for a month.
http://www.youtube.com/user/vibrantenergy#p/u/17/mAN_ykzXzoM
Then learn Reiki treatment for mind, body and spirit
http://www.reiki.nu/treatment/treatment.html
enjoy
http://www.youtube.com/user/vibrantenergy#p/u/17/mAN_ykzXzoM
I’m with you on that… I’m 50% short, and saving the remaining amount for the FP… if we get there? But if we tank from here… I’d be a happy camper too!
Let’s just see how hard they try to save Cisco tomorrow morning, as that’s the real key to whether tomorrow starts selling right at the open or rallies first… then sells off.
Also, keep your eyes on the dollar. They will likely tank it to push up the market.
The drop in the market is enough to regain what my options lost from their premiums. I’ll be moving my puts to december next week depending on mondays action. Going long is insane and ridiculous at this point. Why bother? It’s too risky. Maybe if you’re day trading and you want to run the markets movements up for a little while, but in that case you’re far better off working with stocks that have a reason to go up. I have 51, 52, and 53 puts on the Qs all for November. I’ve been averaging up and am already down about $2000. If the Qs open up at what they’re at now, $53 even and head down all day, I’ll break out above even and hit the profit point. If the market does that 10% correction, woo boy I’ll finally have enough to actually make some moves.
I think the Fake Print analysis is very effective, and have paid attention to them in the past, but mostly during times I haven’t been trading options. After following your blog for the past 2 weeks Red, I am convinced that they have FAILED to hit the fake print fast enough, and that the number is out the window at this point. Today’s upward movement was bullshit, and reeked of manipulation BUT!!! because of Cisco and its weight in pulling down the Qs after hours, along with aapl and goog, i think tech is down for tomorrow, and with that goes the nasdaq. I think the resistance of holding the nasdaq up (which I think is the most overbought index) and pushing through with the fake rally to the fake print, is not going to overcome the weight down due to the rest of the major sectors. Down comes the nasdaq, down comes the other indices, and they toss the FP out the window and go for the sell signal. It’s probably timed to the DAY rather than just the number and I anticipate some more down days leading into a gap down on monday.
I could be completely wrong, obviously, but I’m all in short and I’m going with my guns. Americanbulls.com had the qs sell confirmed yesterday, but todays movement on the qs flipped that to buy-if. I think that’s nonsense, and its completely out the window with the 1 1/2% drop for the Qs after hours. I think tomorrow will confirm bearish indicators across the board, tossing the 60 minute out the window.
Here’s to a healthy correction!