straken 469 posts msg #93604 - Ignore straken |
6/7/2010 2:47:16 PM
JP R U watching shares of CHRW... Looks like shorts are starting to cover here
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straken 469 posts msg #93605 - Ignore straken |
6/7/2010 2:49:50 PM
I'm buying 50 calls of the CHRW 57.5
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johnpaulca 12,036 posts msg #93606 - Ignore johnpaulca |
6/7/2010 3:04:01 PM
CHRW...If I was short this stock, would I cover here ??? probably not. Weekly still has a sell signal, daily market has a sell. I would scalp here and thats about it.
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johnpaulca 12,036 posts msg #93607 - Ignore johnpaulca |
6/7/2010 3:36:50 PM
BIDU...long at $69.53...last scalp for the day.
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straken 469 posts msg #93608 - Ignore straken |
6/7/2010 3:41:10 PM
johnpaulca
- Ignore johnpaulca 6/7/2010 3:04:01 PM
CHRW...If I was short this stock, would I cover here ??? probably not. Weekly still has a sell signal, daily market has a sell. I would scalp here and thats about it.
Keep you eye on it for a scalp. There's a ton of bullish action in the options all three sigmas and a higher strikes. There mostly directionals too. Something very odd going on.
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johnpaulca 12,036 posts msg #93609 - Ignore johnpaulca |
6/7/2010 3:57:34 PM
Thanks straken
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johnpaulca 12,036 posts msg #93610 - Ignore johnpaulca |
6/7/2010 4:01:27 PM
BIDU...had an opportunity to get out with 0.50 but there's a high probability I will have a bigger reward if held overnight.
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johnpaulca 12,036 posts msg #93612 - Ignore johnpaulca |
6/7/2010 4:40:38 PM
The NYSE Up Volume % came in under 1% on Friday. In other words, over 99% of the volume was in declining securities. Breadth this extreme is remarkable. According to my database there have only been 4 other days since 1970 where the NYSE Up Volume % came in at under 1%. I've listed them below along with their next-day returns.
Source: Rob Hanna
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straken 469 posts msg #93615 - Ignore straken |
6/7/2010 8:53:34 PM
I hope your correct on BIDU. I bought 50 of BIDU 70 calls at the close. Looking for 8 deltas tomorrow.
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johnpaulca 12,036 posts msg #93616 - Ignore johnpaulca |
6/7/2010 8:57:30 PM
Hope I'm correct too (:
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