Comments on: Monday’s Trading – 11/9/09

By: Julie

Julie — Tue, 10 Nov 2009 04:37:27 +0000

String,
You hit the nail on the head. The “too big
to fail” are now bigger than ever, and if
they had to mark their assets to the
market, the odds are that they would
go belly up and cost us another $Trillion
or two.
The too big to fail do not worry about
risk because the U.S. Govt. will bail
them out.

By: Julie

Julie — Tue, 10 Nov 2009 04:09:17 +0000

Google…12000 years of elliott waves…
Click on “An Elliott Wave Perspective”…
Click on current X Wave on right side as
you scroll down.

By: George

George — Tue, 10 Nov 2009 03:20:32 +0000

Julie,

Thanks, the vacation was relaxing and fun. I don’t like the vacations where you come back needing a rest.

Agree with the teaching “rule”. Nicely put.

By: K

Tue, 10 Nov 2009 02:27:15 +0000

After,
let’s go after nov $43 qqqq puts shall we?

By: K

Tue, 10 Nov 2009 02:10:36 +0000

after,
all that I know is that an X wave is a huge Elliot wave signal that tells us trend is about to change. I will let Julie explain further as I am not yet proficient in Elliot.

By: 2thfixr

2thfixr — Tue, 10 Nov 2009 02:10:03 +0000

Another thought…if it can go UP this fast, this furiously…then coming down could be REALLY fast and furious! Yikes!

By: 2thfixr

2thfixr — Tue, 10 Nov 2009 02:08:46 +0000

I’ve got SDS Dec calls from this summer, so I’ve got some protection to the downside. Plus, I’ve got QID and SDS in pure stock form as well. Looking for a Bradley turn date and a retest of 1030 and lower later this month. November options may not be enough time to enjoy the next leg down.

I hear you String. It is making me question my belief in technical analysis right now (feels like a rigged game), but I’m holding tight to the MACD and RSI divergences against the higher highs and the lack of volume on up days.

By: after

after — Tue, 10 Nov 2009 01:56:33 +0000

nov qqqq 42 puts, just as an example…
anyone tempted ?

By: after

after — Tue, 10 Nov 2009 01:54:56 +0000

K, i might be in total agreement, if i only knew what an X top actually was, LOL

By: K

Tue, 10 Nov 2009 01:40:47 +0000

FREAKING TED -9% you know what that means? X top in the works. haha