[ska///235i]

China lower their interest rates...lets see

[mact3333]

Originally Posted by mact3333

Long spy calls at spx 1970 near open....been long dto....reversal coming today.

But more selling to come later after massive yet short term reversal.

I realize some people(or one person) cannot read, so I will be more clear.

Called for bottom while SPX down 100 yesterday near open...said massive short term rally coming...we have rallied now pretty much 100 points off that low...I then said there will more selling to come after dead cat technical bounce...now we have sold off 50 points from todays intraday high.

We will be going down now ok?...

Prena, do you want the exact number where we are heading to next?...see you guys at 1820....

These are JMHO of course..nothing more nothing less.

[MrPrena]

Originally Posted by mact3333

I realize some people(or one person) cannot read, so I will be more clear.

Called for bottom while SPX down 100 yesterday near open...said massive short term rally coming...we have rallied now pretty much 100 points off that low...I then said there will more selling to come after dead cat technical bounce...now we have sold off 50 points from todays intraday high.

We will be going down now ok?...

Prena, do you want the exact number where we are heading to next?...see you guys at 1820....

These are JMHO of course..nothing more nothing less.

NO problems.

I see it going down around there within 9-12 trading days too.
Look at the intraday chart at the end. Very bearish relative to vol.

[NickyC]

WTF!!! BTFD not working!!! Mr. Yellen PLEASE FIX MOAR QE!!!

[fecurtis]

Originally Posted by NickyC

WTF!!! BTFD not working!!! Mr. Yellen PLEASE FIX MOAR QE!!!

Why do you keep saying Mr. Yellen? Janet Yellen is a woman.

EDIT: I now see what you mean when you said BTFD not working. Wonder what triggered the late sell off, just a few hours ago they weren't looking so bad.

[MrPrena]

Originally Posted by NickyC

WTF!!! BTFD not working!!! Mr. Yellen PLEASE FIX MOAR QE!!!

Originally Posted by fecurtis

Why do you keep saying Mr. Yellen? Janet Yellen is a woman.

EDIT: I now see what you mean when you said BTFD not working. Wonder what triggered the late sell off, just a few hours ago they weren't looking so bad.

She kinda looks like a dude.

[fecurtis]

Originally Posted by MrPrena

She kinda looks like a dude.

She looks like a pale cabbage IMO...

[yamahuh]

Glad to see MACT3333 posting, always had good information.
It's all opinions anyway so throw our your predictions and timetables..

[MrPrena]

Originally Posted by MrPrena

NO problems.

I see it going down around there within 9-12 trading days too.
Look at the intraday chart at the end. Very bearish relative to vol.

As I said before, I agree with Mohamed El-Erian on today's market action.
Mohamed El-Erian
http://www.bloomberg.com/news/videos...ome?cmpid=yhoo

[Inspired]

Originally Posted by yamahuh

Glad to see MACT3333 posting, always had good information.
It's all opinions anyway so throw our your predictions and timetables..

This...

[NickyC]

Mr. Yellen saved the day! All it took was to parade Dudley out there to say an interest rate hike in September was now "less compelling".

Everything is awesome!!!

[nnnnnnnnnnnnnnnnnnnnnn]

short covering

[MrPrena]

Originally Posted by nnnnnnnnnnnnnnnnnnnnnn

short covering

Do you think another sucker rally will come soon?

[nnnnnnnnnnnnnnnnnnnnnn]

Originally Posted by MrPrena

Do you think another sucker rally will come soon?

Depending on how international markets go tomorrow, you could see shorts being put on again at the open. It is getting close to end of the month, so people want to take their profits to put up good numbers.

I was buying and selling (and some trimming) nice volume into the close today.

[MrPrena]

Originally Posted by nnnnnnnnnnnnnnnnnnnnnn

Depending on how international markets go tomorrow, you could see shorts being put on again at the open. It is getting close to end of the month, so people want to take their profits to put up good numbers.

I was buying and selling (and some trimming) nice volume into the close today.

Biggest clue is that yesterday's loss and Today's intraday move has been 1.5-2hr before market closed.

[nnnnnnnnnnnnnnnnnnnnnn]

Originally Posted by MrPrena

Biggest clue is that yesterday's loss and Today's intraday move has been 1.5-2hr before market closed.

Gamma hedging for overnight

[MrPrena]

Originally Posted by nnnnnnnnnnnnnnnnnnnnnn

Gamma hedging for overnight

You may have to explain what Delta/gamma-hedging to others. I think mact3333 will probably understand it, because the math level is just slightly harder than Pharmacokinetics for physicians.

[nnnnnnnnnnnnnnnnnnnnnn]

Originally Posted by MrPrena

You may have to explain what Delta/gamma-hedging to others. I think mact3333 will probably understand it, because the math level is just slightly harder than Pharmacokinetics for physicians.

In the most simple terms possible, it means rebalancing your positions so they are adequately hedged. Such large movements require you to reposition to maintain your hedge.

By the way, I called this rally into the close today back in 2003. For my next prediction, the market will go down some day in the next 13 years.

[MrPrena]

Lots of Asian market was higher implied, but negative sloping on intraday activities.

[Mr. Liu]

Up to ES2020, short there back down to either test lows or ~1820

[MrPrena]

Surprised that oil went up 10% +today.

[nnnnnnnnnnnnnnnnnnnnnn]

Originally Posted by MrPrena

You may have to explain what Delta/gamma-hedging to others. I think mact3333 will probably understand it, because the math level is just slightly harder than Pharmacokinetics for physicians.

http://www.bloomberg.com/news/articl...g-u-s-equities

See, told ya