Monday’s Trading – 12/21/09

The market has peaked above the top of the infinite rectangle more than it has poked below it. This might be a small bullish clue. What else can I say? In a dead-flat market, it’s hard to find even a straw at which one can grasp.

19 Responses to “Monday’s Trading – 12/21/09”

  1. Julie says:

    The Bahamas is now our offical address. We
    self-fund our health care. The health bill in
    Congress requires us to buy health insurance
    or pay a fine. We will never give our money
    to someone to hold and pay our bills if we
    have any.

  2. after says:

    futes 6:50 am
    Futures Prices
    Market Last Change %
    Crude Oil 74.9 +0.48 +0.64
    Natural Gas 5.926 +0.121 +2.08
    Corn 397.75 +0.75 +0.19
    Soybeans 102 -1 -0.10
    30yr Bond 117.6875 -0.5625 -0.48
    10yr Note 117.59375 -0.453125 -0.39
    NY Gold 1114.8 +3.3 +0.30
    NY Silver 17.37 +0.05 +0.29
    Emini S&P 1101.25 +3.5 +0.32
    Emini Nasdaq 1813 +6 +0.33
    Emini Dow 10295 +24 +0.23

    Extreme Futures
    Symbol Last Change %
    NG.G10.E 5.958 +0.129 +2.16
    QG.G10.E 5.955 +0.125 +2.14
    NGX.Z09 2.85239 +0.05234 +1.87
    YO.N10.E 0.2240 -0.0048 -2.10
    6Z.H10.E 0.128375 -0.001425 -1.10
    AJY.H10.E 79.02 -0.70 -0.88

    Extreme Stocks
    Symbol Last Change %
    BCAR 7.90 +4.55 +135.82
    SENO 6.6917 +1.6317 +32.25
    ASYS 10.2500 +2.0500 +25.00
    WAMPQ 28.0 -13.0 -31.71
    TSPT 6.09 -1.39 -18.58
    COHN 5.0400 -1.0418 -17.13

  3. Larry says:

    Hi Julie, congratulations on your new address. You could have picked a worse place.

  4. K says:

    Julie, can I come and visit?

  5. K says:

    Also just FYI. I have decided to try a new strategy out., I mean… lol
    From Dec 27th to Jan 2nd I will not read any news articles especially on the economy. I want to finish the new year with a clear mind.

    If i do trade during that week it will most likely be the taking of some losses to write off or I will trade just based on charts.

    Merry Christmas and a Happy New Year to All.! Let’s have a profitable year in 2010 no matter which way it goes.

    -K

  6. Mitch says:

    Ok K, straight trading dope from me then until asked.”Technicals are the new “IN” thing by the way. So, ears are open to the stuff presented here (well not today).

    2thfixr: TBT has a 20 and 50 day convergence to the naked eye. Thoughts?

  7. after says:

    added some hqd.to to what i have already, this is 2x nas short in canada

    did so at a level of about NDX = 1830

    good luck to us all !

  8. phil says:

    MITCH……sold all TBT bought friday into spike this am…now flat

  9. after says:

    UUP neutral, i see
    Cdn $ up though…
    any takers for TLT < 92 ?
    hmm…
    argh, nas100 @ high for the day…1831.91
    may add more hxd.to later…
    see ya' all

  10. phil says:

    MITCH ..i want to buy a little bit of ten year coupons on a $TNX burst outside daily bb

  11. phil says:

    MITCH ..just sold my house and the money is burning a hole in my pocket ….lol

  12. Mitch says:

    Phil,

    TBT 5 minute at 10:10 was a 16 million candle.

  13. phil says:

    MITCH…i only sold 12 million shares .. someone else got in there…lol

  14. 'K says:

    Where is george? Lol

    Dzz is getting me dizzy! Haha

  15. after says:

    bidding 91.31 for some TLT

  16. George says:

    I’m here, K. Getting ready for company tonight. I’ve been in and out but no time to post, etc.

  17. after says:

    TLT filled per above

  18. Mitch says:

    EEM, like some of my bar buddies, is searching for a bottom.

  19. after says:

    PRICES for qqqq 2 years ago, how about a repeat ? -g-
    Cdn boxing day 2 yrs ago the q’s were 52.50, dived to 44 less than a month later…
    Date Open High Low Close Volume Adj Close*
    22-Jan-08 42.83 44.77 42.73 44.18 325,732,000 43.77
    18-Jan-08 45.64 46.14 44.98 45.35 273,063,300 44.93
    17-Jan-08 46.24 46.58 45.20 45.41 254,098,800 44.99
    16-Jan-08 46.19 46.91 45.46 46.05 265,625,900 45.63
    15-Jan-08 47.37 47.52 46.35 46.55 241,094,900 46.12
    14-Jan-08 47.69 48.01 47.31 47.87 168,048,500 47.43
    11-Jan-08 47.73 47.77 46.70 47.05 211,647,700 46.62
    10-Jan-08 47.43 48.41 47.29 47.99 249,958,500 47.55
    9-Jan-08 47.09 47.96 46.46 47.92 254,011,800 47.48
    8-Jan-08 48.27 48.76 46.92 46.92 261,669,800 46.49
    7-Jan-08 48.40 48.60 47.43 48.17 235,083,600 47.73
    4-Jan-08 49.81 49.83 48.21 48.40 212,617,600 47.96
    3-Jan-08 50.41 50.76 50.15 50.62 114,103,700 50.15
    2-Jan-08 51.27 51.47 50.13 50.41 152,344,100 49.95
    31-Dec-07 51.57 51.68 51.21 51.22 70,135,600 50.75
    28-Dec-07 52.04 52.16 51.43 51.82 67,545,400 51.34
    27-Dec-07 52.33 52.50 51.71 51.87 65,778,900 51.39
    26-Dec-07 52.13 52.63 52.00 52.50 58,492,100 52.02
    24-Dec-07 52.01 52.40 51.95 52.24 34,499,800 51.76
    21-Dec-07 51.68 51.90 51.48 51.85 107,573,500 51.37