tag:blogger.com,1999:blog-6469007824155605857.post1234258082309043241..comments2023-06-14T06:13:49.459-04:00Comments on Anonymous Traders: Longer TimeframesThorhttp://www.blogger.com/profile/08726680313528954556noreply@blogger.comBlogger101125tag:blogger.com,1999:blog-6469007824155605857.post-15699187208200656512012-04-12T11:41:42.345-04:002012-04-12T11:41:42.345-04:00New Post is AvailableNew Post is AvailableRockhttps://www.blogger.com/profile/05321779277007229502noreply@blogger.comtag:blogger.com,1999:blog-6469007824155605857.post-14106442589985850652012-04-11T15:18:15.156-04:002012-04-11T15:18:15.156-04:00Some of these companies can literally lose money f...Some of these companies can literally lose money for years and years with little to no repercussions. It's quite incredible to witness. I wish my own little tiny company had that luxury.Mannwichnoreply@blogger.comtag:blogger.com,1999:blog-6469007824155605857.post-20881240190131642502012-04-11T14:44:54.855-04:002012-04-11T14:44:54.855-04:00Yeah, like my favorite short, X.Yeah, like my favorite short, X.Rockhttps://www.blogger.com/profile/05321779277007229502noreply@blogger.comtag:blogger.com,1999:blog-6469007824155605857.post-15212739951749892492012-04-11T14:35:17.554-04:002012-04-11T14:35:17.554-04:00Just think about some of the publicly-traded compa...Just think about some of the publicly-traded companies who lose money nearly every quarter and for over a decade now but somehow remain still alive and kicking and you'll know what I mean.Mannwichnoreply@blogger.comtag:blogger.com,1999:blog-6469007824155605857.post-62133420385895875542012-04-11T14:34:10.570-04:002012-04-11T14:34:10.570-04:00@Rock: It seems that publicly traded companies wi...@Rock: It seems that publicly traded companies with access to cheap loans they can roll over and the capital markets can now take losses (or fudge accounting) for nearly "forever". Or it seems that way anyway.Mannwichnoreply@blogger.comtag:blogger.com,1999:blog-6469007824155605857.post-20007420421240368402012-04-11T14:23:41.406-04:002012-04-11T14:23:41.406-04:00The publishers immediately settled. (maybe because...The publishers immediately settled. (maybe because of noises from Amazon). Since the publishers aren't responsible for end-user purchases, they really shouldn't set prices. This whole thing was to work-around Amazon's dominance in the ebook market, where they were taking a loss (paying the publishers more than they were getting from consumers.<br /><br />I don't get this one at all. If the publishers don't get their money, they can sell on their own websites, or go to another website like Annie's to sell. <br /><br />And, if Amazon threatens to blacklist a publisher's books, there are courts to settle that argument, as well. The problem may be that it could take too long to settle that.<br /><br />I think it was Mannwich who observed that the big boys make the rules. And actually, ever was it so.<br /><br />I can't figure out Amazon's business here. They were taking a loss on the Kindle, and now on ebooks. You can't take a loss forever.Rockhttps://www.blogger.com/profile/05321779277007229502noreply@blogger.comtag:blogger.com,1999:blog-6469007824155605857.post-76546213302227830672012-04-11T13:19:41.769-04:002012-04-11T13:19:41.769-04:00Rock - Much agreement on Apples size, kind of like...Rock - Much agreement on Apples size, kind of like MicroSoft was and is, they pretty much make those markets and if it was not them, it would be somebody else trying to grow as big as the could.<br /><br />So the question is at what point/s do they become too big?<br /><br />Who knows?<br /><br />But like you say go where the real rot and stench is first -Banksters.<br /><br />But at this point it seems the bankers are in charge of themselves so, good luck with that.<br /><br />Mangy MuttAmen To Thatnoreply@blogger.comtag:blogger.com,1999:blog-6469007824155605857.post-543220693296033802012-04-11T12:51:47.313-04:002012-04-11T12:51:47.313-04:00Classic H&S completed this AM on the SPY 10 mi...Classic H&S completed this AM on the SPY 10 minute. complete with equal retracement on the down side. <br /><br />I guess TA says we will be breaking lower. Will see.Rockhttps://www.blogger.com/profile/05321779277007229502noreply@blogger.comtag:blogger.com,1999:blog-6469007824155605857.post-59526936103158720242012-04-11T09:48:45.421-04:002012-04-11T09:48:45.421-04:00Antitrust lawsuit against AAPL for price-fixing eb...Antitrust lawsuit against AAPL for price-fixing ebook prices.<br /><br />I mean, AAPL's so big, whatever they do in the market is by definition price-fixing. I wish they'd go after the banksters.<br /><br />We all know the little guy, including the authors, can't make money in books anymore.Rockhttps://www.blogger.com/profile/05321779277007229502noreply@blogger.comtag:blogger.com,1999:blog-6469007824155605857.post-40817344431729812732012-04-11T09:46:05.877-04:002012-04-11T09:46:05.877-04:00I took my overnight profits on AAPL at the open. ...I took my overnight profits on AAPL at the open. It's headed down to yesterday's close There's strong short-term support at 628, and if we get back down there (doubtful) I will re-enter full positions.Rockhttps://www.blogger.com/profile/05321779277007229502noreply@blogger.comtag:blogger.com,1999:blog-6469007824155605857.post-6122777639788607672012-04-10T15:17:59.420-04:002012-04-10T15:17:59.420-04:00France's GDP growth: 0%.
I think we said the...France's GDP growth: 0%.<br /><br />I think we said the eurotrouble's not over yet. And the US is only a couple years behind.Rockhttps://www.blogger.com/profile/05321779277007229502noreply@blogger.comtag:blogger.com,1999:blog-6469007824155605857.post-72895056699340449932012-04-10T15:14:38.467-04:002012-04-10T15:14:38.467-04:00@Mannwich:
Yeah, and it's too bad Ameritrade ...@Mannwich:<br /><br />Yeah, and it's too bad Ameritrade wouldn't let me short SHLD. I would have, for sure. I wonder why, just because it's the highest short interest stock in the market?<br /><br />I don't think the bottom's in yet. No capitulation, no big volume spike on a down move.Rockhttps://www.blogger.com/profile/05321779277007229502noreply@blogger.comtag:blogger.com,1999:blog-6469007824155605857.post-28338592899494756752012-04-10T12:11:42.799-04:002012-04-10T12:11:42.799-04:00Kicking myself for not nibbling on VXX for a short...Kicking myself for not nibbling on VXX for a short term trade. <br /><br />Good luck in the next phase of your life, Rock.Mannwichnoreply@blogger.comtag:blogger.com,1999:blog-6469007824155605857.post-89050010553033276982012-04-10T11:39:45.322-04:002012-04-10T11:39:45.322-04:00So here's my list of shorts. I use these ETFs...So here's my list of shorts. I use these ETFs because it costs me money sometimes to borrow shares of stock to short. I'm never sure quite how much, it's ranged from a very tiny amount to around 5% of the value, and I don't know how to tell the borrowing cost before I short. Anyway, here's the shorts list that doesn't cost to borrow:<br /><br />REW SKF SRS SDS FAZ RXD TZA SMN DUG QID DXD SSG TWM SIJ SEF SH<br /><br />Today's winner so far is TZA, with a gain of 5%, followed by dug and twm at 3%.<br /><br />Many of those etf's are leveraged, and not something to stay in, because the leverage works against you mathematically. But in the event of a downtrend continuation, some of these like SH could give short term profits.Rockhttps://www.blogger.com/profile/05321779277007229502noreply@blogger.comtag:blogger.com,1999:blog-6469007824155605857.post-89326557555564224562012-04-10T11:32:31.038-04:002012-04-10T11:32:31.038-04:00Thanks, Mutt.
On the brighter side, the Italian...Thanks, Mutt. <br /><br />On the brighter side, the Italian market closed down around 6%.<br /><br />I wonder why......Rockhttps://www.blogger.com/profile/05321779277007229502noreply@blogger.comtag:blogger.com,1999:blog-6469007824155605857.post-76930142498074844502012-04-10T11:26:39.695-04:002012-04-10T11:26:39.695-04:00Rock - I hope that things work out the best for yo...Rock - I hope that things work out the best for you.<br /><br />When we are growing up there are tons of monumental occations we look forwards to 16 and driving, 18 and getting to sign up for selective service....Oh wait that's probably not one we look forward to doing, then there is the turning of 21 and getting to legally drink adult beverages.<br /><br />However there are other things like re-tiring that also mark a monumental moment in our lives, however no one ever explains to us what that is supposed to be like.<br /><br />You are a smart, capable and good man, so I am sure you will have little difficulty adjusting to your new life of sitting on the front pourch, in the rocking chair, sipping your lemon aid and yelling at those bratty kids to stay off your damn lawn :)<br /><br />Best of luck with your change.<br /><br />Mangy MuttHope That is the Bestnoreply@blogger.comtag:blogger.com,1999:blog-6469007824155605857.post-91964795468910591972012-04-10T09:52:47.362-04:002012-04-10T09:52:47.362-04:00Sold into the pop this AM. Good profits. Pays fo...Sold into the pop this AM. Good profits. Pays for this week's gas, for sure.<br /><br />UUP is up a little today, so I expect the market to ultimately sell off. UUP has been in an upchannel for the last 6 days. Money flow has been out of the SPY since around Mar 26.<br /><br />The daily stochastics on the SPY are at the bottom. As soon as we see a little turn, it's time to buy. You don't often get this. Too bad the weekly's not on the bottom as well.Rockhttps://www.blogger.com/profile/05321779277007229502noreply@blogger.comtag:blogger.com,1999:blog-6469007824155605857.post-75452146170546729092012-04-10T01:16:32.061-04:002012-04-10T01:16:32.061-04:00Well, this looks like it.
The last time I left a ...Well, this looks like it.<br /><br />The last time I left a company, I got 5 goodbye cards covered with signatures. Not this time.<br /><br />I still have to tutor my replacement, but the pressure's off, so I can pursue the financial aspects of my life. The technical's over. It think.<br /><br />I feel kind of spaced out.<br /><br />I'm looking for a turn-around tuesday, again. Today (monday) was a UUP down, market down day, which is a divergence. If we pop tomorrow, I'll be selling into the pop. Man, this is fun!Rockhttps://www.blogger.com/profile/05321779277007229502noreply@blogger.comtag:blogger.com,1999:blog-6469007824155605857.post-87322335296877273102012-04-09T14:54:30.658-04:002012-04-09T14:54:30.658-04:00Mannwich - It seems like they are going to milk th...Mannwich - It seems like they are going to milk this one trick pony for all it's worth.<br /><br />Not sure you can actually milk a pony....So maybe that is the trick :/<br /><br />MuttOne Trick Ponynoreply@blogger.comtag:blogger.com,1999:blog-6469007824155605857.post-23153337534111576202012-04-09T14:27:19.531-04:002012-04-09T14:27:19.531-04:00You're probably right, Mutt. Dip buyers are a...You're probably right, Mutt. Dip buyers are already coming to the fore. I wonder if the charts still work in such a climate where every minor dip is being bought no matter what?<br /><br />The Benny Put lives onward.Mannwichnoreply@blogger.comtag:blogger.com,1999:blog-6469007824155605857.post-19218519756660494192012-04-09T11:21:31.549-04:002012-04-09T11:21:31.549-04:00Mannwich - My money is on a Melt Up
MuttMannwich - My money is on a Melt Up<br /><br />MuttMelt Upnoreply@blogger.comtag:blogger.com,1999:blog-6469007824155605857.post-18234740309265163402012-04-09T09:55:16.773-04:002012-04-09T09:55:16.773-04:00FUGLY open this morning. Where is everyone? Gone...FUGLY open this morning. Where is everyone? Gone now that the market is ready to finally fall a bit? <br /><br />Is this a buying opportunity or the start of a bigger downleg?Mannwichnoreply@blogger.comtag:blogger.com,1999:blog-6469007824155605857.post-74470635103841107052012-04-05T12:22:33.949-04:002012-04-05T12:22:33.949-04:00Rock - I hope you have a great time visiting your ...Rock - I hope you have a great time visiting your daughter.<br /><br />MuttHave A Good Tripnoreply@blogger.comtag:blogger.com,1999:blog-6469007824155605857.post-18213164740428675762012-04-05T11:06:13.489-04:002012-04-05T11:06:13.489-04:00Again, I agree with you, but even AAPL may take a ...Again, I agree with you, but even AAPL may take a bit of a hit of the shit really hits the fan again. Everything will.<br /><br />And I still own some AAPL from the low 400's.Mannwichnoreply@blogger.comtag:blogger.com,1999:blog-6469007824155605857.post-75602171793550884392012-04-05T10:45:36.999-04:002012-04-05T10:45:36.999-04:00Mannwich, I think you're right except for a co...Mannwich, I think you're right except for a couple of top performers like AAPL. I think it's expansion into new market areas will hinge on the people there willing to pay for a fashion statement.<br /><br />It's really amazing to me to see how many beautiful women are in Nordstroms or Needless Markup every time I go. Which is not often.Rockhttps://www.blogger.com/profile/05321779277007229502noreply@blogger.com