Monday, October 29, 2012

The super guru must be having withdrawals!

No trading? they must be shaking!

I'm sure they were up late gambling on their "hunches".  Rolflmaoooooooooo


E-mail I received

As a result of the securities industry decision to close US equities markets tomorrow because of Hurricane Sandy, CME Group will be closing its US equity futures and equity options on futures markets on the trading floor and on CME Globex at 8:15 am, CT, tomorrow Monday, Oct. 29.  These markets opened at 5:00 p.m. CT today and will remain open until 8:15 a.m. CT tomorrow.

All other CME Group futures and options on futures markets will remain open. We will continue to monitor the situation as well as continue our coordination with other exchanges and will keep you updated as information becomes available.

The Russell on the ICE will also close.

Friday, October 26, 2012

For all you scam artist filthbag super gurus- your time will be coming sooner than later

Option buyers are on the hook big time

Weekly option buyers of AAPL into earnings are praying for a miracle today, as the sellers win once again

Overpriced weekly calls and puts leave the super gurus followers scratching their heads as they wonder why AAPL isnt down 75 or up 175

The super gurus have unlimited funds and uses these as another way of gambling when the racetrack is closed.if you don;t have access to unlimited amounts of money, or the means to just promote another suped up overhyped class, you may want to consider another method.


How to get in the FREE Live chat room

The live trading chat room is still free for a limited time. Come and check out what we do every day. Looking at the market and analyzing stocks and the index futures. You do have to register, but there is NO credit card or other payment method required at this time. It's not magic, or double talk (you know, the go long here statement and then when it tanks I play the take profit noises) where I claim to be right 99.999% (or another mythical number) of the time. The best feedback I've gotten is that I express the same emotions that everyone else feels, and that its real. I'll see you on the inside! tiny

Thursday, October 25, 2012

A low is near

The super guru indicator is flashing that a low in the market is near

A legend in his own mind, who is in reality an owner of many margin calls and a murderer of many people's portfolios is uber bearish and holding special gimmick classes for shorts.

This can only mean one thing: We are getting ready to bounce hard

We do have the election coming up, which will be the way this scammer covers his ass (If so and so wins, I wouldnt go heavy, but you never know, etc. etc., blah blah blah) and only take credit if we go down (I told you we were ready to collapse! Trade! RGGGGGGGGGGGG!).

 Since these super gurus are rarely ever right, look for the market to bounce sooner than later, but I still tihnk AAPL earnings have to be digested.


Happy Birthday to Danny Boy!

Happy Birthday to my son, Daniel.  He's 7 today.

Danny changed my world.  My wife and I had been trying to have children for a bit, and the day I was scheduled to get my whatever checked, she walked into my office and told me she was pregnant.  It was the one of the greatest days of my life, but nothing compared to the day he was born.

Since then, we have been blessed with two brothers for Danny, who he loves very much, an who of course, look up to him.

Despite getting sick in late 2008, and being a bit spoiled (absolutely my wife's (is that the correct grammar?) and my fault) he's doing great.

The hag's dirtbag lying 3-seater son called him fat on orders from his ex boss, but he refused my invitation to come speak with me in person about it.  This is no shock since he and his lowlife brother only beat up women, and would never take the chance, even against a wimp like me.

Of course, his ex boss, who tried to have me arrested for threatening his kids denied all involvement, but I was told by the hag herself that he gave the order.  In the end, that scumbag will NEVER have the relationship with his children that I have with mine, and all the money in the world can't change that, even all the dirty money he gets form robbing people with with new promotional gimmicks.

Anyway, happy birthday Danny


Tuesday, October 23, 2012

7 Buy Signals, but will it matter?

The market got cracked on Tuesday, for the second time in 3 sessions. Even a late day attempt at a rally could not save the day, and yes I thought it would.

In my market timing work, I have 7 buy signals for tomorrow plus the FOMC meeting which has a bullish tendency.  Most of the signals are short term, which  means that on early weakness I will be watching for a buying opportunity, but I will need more evidence likely AFTER the FOMC announcement to stick it out.

To be clear, it's a wild card until the dust settles from the FOMC announcement, despite that there will likely be nothing important said.  Don't let anyone tell you they knew we would rally or knew we would sell off.  they are PURELY guessing.  There is no "trend" or another made up word for what a guess is.  Despite what anyone dreams of happening, ther eis no predictability.

We are at support, we are oversold, but that doesn't mean we can't shake it out again.  For now at least, I'll be using those buy signals for a background on a long side entry.


Saturday, October 20, 2012

Tumbling Dice ~ The Rolling Stones

The S&P should trade below Friday's low

Based on the way the S&P Futures closed, they should trade down to the 1416.50 number, at a minimum.  Below that, next support sits at 1404.75.

Despite the fact that we had a large range trend day down, and the model for Monday is a morning consolidation, those lows have a better chance of being tested early in the week, and may even get there off the Sunday night re-open or Monday AM on residual selling.

If not, and we instead correct in an upside drifting fashion, then I will be watching for a post FOMC sell off to those levels.


Market Autopsy Video For The Week Ending October 19th, 2012

Monday, October 15, 2012

Will it be this easy?

The market hit a support point on Friday, 10-12, and today, 10-15 it got the start of what looks like it could be a multi-day rally, at a minimum.

The question I am currently pondering is whether its this easy here to just go to new highs, or if the market will throw a wrench in the gears and send out down after a lame bounce here.

Volume was ok today, and therefore you can't say that it was just a b.s. bounce.

Tomorrow will be interesting.  I want to see if the buyers step up and keep the fire stoked, especially if we see early weakness. With GS set to report, as well as some 9:15 numbers, it could be a qualified gap to start the session.


Anaylsis of The Euro October 15th, 2012

C wedge

After better than expected earnings were released today, C has been on the upswing, and its pierced ht eupper end of a rising wedge.  If this fails to close out of this pattern today, it could setup a failure short for a mvoe back down to moving average support levels.


Wednesday, October 10, 2012

Super gurus and their lying thieving ways

I had the distinct pleasure of listening to the worst presentation I have ever heard.  There was so much misinformation that he sounded as usual, moronic and jibber-jabbering.  If anyone listened to this bullshit artist, they will get creamed.

Come join the chat room.  it;s still free and will be for at least another week.  The new nightly newsletter will be released in the next week or so and it will also offer a free test drive so you can try it out. 

You won't hear about how great I am (or my partner for that matter) even if they are lies, you won't hear endless promotions of stuff that doesn't work anymore, or lies about how great the win loss record is and the false gains that are claimed. It will actually be something up front and transparent.