Sold my SPG calls (mostly broke even). In TZA calls.
$VIX closed above 24, by a hair. I think the $VIX goes back up to flirt with the 200 MA tomorrow, and closes the week there. This would provide minimal direction for market participants, and let their options die a slow death over the long weekend (markets are closed Monday for Presidents day).
I know how you feel,bailed on 50% mine around up a little from up alot What scared me is 3 day weekend coming and option week,They will try to squeeze the shorts Friday and Tuesday,and have them go long,looking at FAS 100+dow up day and its up 50 cents,you know something is going on, If I see anything a will let you know
Red, Please comment on the following: 1) Goldman CEO admitted that they are doing God's work.
2) Goldman trading software that can be used for market manipulation…today's news is … “Sergey Aleynikov, the former Goldman programmer, who was arrested by the FBI in July last year on virtually a day's notice after Goldman told the FBI the Russian had stolen secrets that could be used to manipulate markets, has just been indicted on charges he stole computer codes used for proprietary high-frequency trading programs. The specific charges include theft of trade secrets, transportation of stolen property in interstate and foreign commerce and unauthorized computer access.”
Everyone knows and GS CEO admitted that they are doing God's work, meaning if they don't manipulate market America is in trouble (which I disagree). America is never in trouble because of stock market. America will be in trouble if banksrters and politicians are unchecked.
Here is another news today about GS trading software that can be sued for market manipulation…
“Sergey Aleynikov, the former Goldman programmer, who was arrested by the FBI in July last year on virtually a day's notice after Goldman told the FBI the Russian had stolen secrets that could be used to manipulate markets, has just been indicted on charges he stole computer codes used for proprietary high-frequency trading programs. The specific charges include theft of trade secrets, transportation of stolen property in interstate and foreign commerce and unauthorized computer access.”
So, this is public news now. GS only can keep market manipulation software.
Sold my SPG calls (mostly broke even). In TZA calls.
$VIX closed above 24, by a hair. I think the $VIX goes back up to flirt with the 200 MA tomorrow, and closes the week there. This would provide minimal direction for market participants, and let their options die a slow death over the long weekend (markets are closed Monday for Presidents day).
RDL,
First time I've checked your blog. It's terrific. I will add it to my regular blog perusal. Thanks for your research and time.
Cheers,
Richard
I know how you feel,bailed on 50% mine around up a little from up alot
What scared me is 3 day weekend coming and option week,They will try to squeeze the shorts Friday and Tuesday,and have them go long,looking at FAS 100+dow up day and its up 50 cents,you know something is going on,
If I see anything a will let you know
a flat last 30 minutes means a 6-9 pt gap is coming
here's an update to a chart i posted earlier
you'll see a gap is how this dancing gets resolved
http://www.flickr.com/photos/47091634@N04/43497…
I'm inclined to agree with you Monica. Still holding… for now!
I will cover if we get to 1092
That's old news now. The market does care that Goldman is cheating… they are too.
Red,
Please comment on the following:
1) Goldman CEO admitted that they are doing God's work.
2) Goldman trading software that can be used for market manipulation…today's news is …
“Sergey Aleynikov, the former Goldman programmer, who was arrested by the FBI in July last year on virtually a day's notice after Goldman told the FBI the Russian had stolen secrets that could be used to manipulate markets, has just been indicted on charges he stole computer codes used for proprietary high-frequency trading programs. The specific charges include theft of trade secrets, transportation of stolen property in interstate and foreign commerce and unauthorized computer access.”
Everyone knows and GS CEO admitted that they are doing God's work, meaning if they don't manipulate market America is in trouble (which I disagree). America is never in trouble because of stock market. America will be in trouble if banksrters and politicians are unchecked.
Here is another news today about GS trading software that can be sued for market manipulation…
“Sergey Aleynikov, the former Goldman programmer, who was arrested by the FBI in July last year on virtually a day's notice after Goldman told the FBI the Russian had stolen secrets that could be used to manipulate markets, has just been indicted on charges he stole computer codes used for proprietary high-frequency trading programs. The specific charges include theft of trade secrets, transportation of stolen property in interstate and foreign commerce and unauthorized computer access.”
So, this is public news now. GS only can keep market manipulation software.
We tend to believe what we see so be careful what you look at. You must in fact restrict what you look at in order to be successful.
Roguewave