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Wednesday, May 13, 2009
They been buying calls since SPX 920
They been buying calls since SPX 920, odds favor there is not going to be a short term bottom till they start buying puts...
Tomorrow's open is very important as SPX along with many ETF and large caps closed near important pivots defined by multiweek trends.
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2009
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May
(33)
long SRS @ 20.8
long .GSRG @ 2.80
Equities vs Bonds
Congestion continues...
Big contract btw 901-904
Banks and Financials
Boomerang effect
And the beat goes on ...
Bye bye birdie ...
IF
Tragedy Train ...
Number of the stocks above 200 day MA...
long .VIXFF @ 2.5
covered POT @ 114.80
CPT and Me
Mary had a little lamb ...
And the story goes on ...
Short term setups
shorted POT @ 107.4
Important going forward....
They been buying calls since SPX 920
Covered POT @ 100.90
Gonna take longer than what 6pack think
shorted POT @ 105.25
Immediate support is around ES 876
Onun artik arabasi yok...
Long and Intermediate Term Charts
There goes Mother Goose...
"There will be a lot of financial shocks"
S&P 500 nears break-even for 2009...
Long FAZ @ 6.45
Covered VRTX , AMZN, CHRW, QCOM and BBY
Under the surface...
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