Very FUNNY in a sick kinda way.

Ticker Symbol: ERIC

Testing the top of a channel today. Volume big on the moves down and low and pullbacks to resistance. Appears to have all the room in the world to fall. A move back to previous closing low of 20 would be a 10% move.

Agreed , funny but sick. But how happy am I that I added to DBA yesterday Jeff. Thanks for your help. I've been on such a losing streak since jan 1, that even when I see very clear and obvious entries on a chart I hesitate (as in DBA). So I dig deep and work through it and move forward, just trying to slowly make my way back. Stick to the rules,follow the charts and not be emotional.

Jeff, NICE!

Wow and I saw it as sick in a funny kind of way.
Always at least 2 ways of looking at anything.
:-)

Does anybody else think PFG looks as though it is poised to get slaughtered? Such a weak crawl back up to horizontal and diagonal resistance and showing a doji there today.

Eeeeewwwww!

:-)

And Happy Valentine's Day to you too, Scooter!

Uh what looked like potential H&S forming on GLD is now looking like a symmetrical triangle. Yippee!

I say we pull of a reversal today, bouncing of diagonal support at 1354 on 5 day chart.

I like how it was stabbed in the back!

Nice!!

USG on my long list......$34 EE and perfect re-test today..looking to ride this back up to $38..an excellent R/R.....

Jeff,

is that because of Raimo's comments ;-)

wow, bidu has given up its pop. congrats to anyone who faded that on after the open.

Way to catch a falling knive

I guess sometimes, like the markets, we don't get what we *hoped* for or expected, eh? Brutal Jeff.

Jeff
Did you name that valentine bear "BIDU"?

APOL - forgot who asked about this in the last thread but I've been watching this as a long(er) term asc. triangle forming. It was right at diagonal support until today when it crashed through both diag and horizontal which I had at 70ish with volume. THere is also support at 67.50 but I would wait for it to hit that or at least turn back up before going long this. And today's action negates the triangle setup in my opinion.

Raimo
I have APOL in the same channel...I was just curious whether $67.50ish or $69.50ish is the better support. Thanks for your reply.

On the subject of BIDU,
If you want to see a good example of an IV squeeze look at the 260 Calls. BIDU is UP about a dollar to 262. The Feb 260 Calls are DOWN 10.

Anyone liking gold at these levels?

All I can say to that picture post ... is:

Poor Amber! and on top of that ... "Jeff spent the night at a Holiday Inn" ... which could be his problem ... (the above two not related however. He had an earlier post - power outage caused him to be at Holiday Inn - not Amber!)

Back to work!

Regarding BIDU:

I did hold a smaller than usual position through earnings last night .... but as I said yesterday, you can't believe the tape in after hours ...

It kicked up about 20 this morning at the open .. I got out at 9AM with a nice profit but nothing like it could have been yesterday afternoon.

I have learned post and pre-market numbers can baffle you and I don't trust any of it until actual open.

I picked up about 40 from yesterday AM to this AM ... which was fine and any profit I can take in this market, I'm happy with it. You do have to be careful what option you play in expiration week also ... Will kill you if you are not careful!

Scoot,

You are sick, sick, sick...

and chicken soup wont help.

Jeff,

I hope your day gets better.

Was it for Playgirl, Jeff? :-)

You know we only read the articles.

What magazine? Options Weekly? :-D

congratulations jeff - that sounds pretty sweet.

that is great news jeff. I know you deserve everybit of this recognition. Enjoy :-)

Does anyone have thoughts on DE?

Jeff...if it makes you feel any better you are my valentine.

Sign me up.
Congrats.

Laney,

Jeff's layout could be called "Naked Spreads". Ya know...the option theme...uhm...yeah...nevermind.

Bear flag break COCO.
Cheap stock with cheap options.

Does URBN look to be right at support?

Jeff,
It is about time someone got smart and paid you for your Genius. The general public will be better for it! that is if you take it!

I am still short the Spooz......And Long DBA, GLD, PHO in the intermediate term! Oh and diversified and positioned sized....wooohoooo

Cheers,
Arty

Jeff,
Maybe a nice box of chocolates and some sushi would help and maybe a nice Japanese beer to wash it down (the sushi of course.)

Raimo,
Empty space here........

Wondering what your reversal pattern in on USG? Please do tell the young student Arty!

While your at it has my beloved HANS started breaking to the downside?

Cheers,
ARTY

Jeff,
Congrats on writing for another mag. Which one so we can subscribe?

By the way, I don't think Holiday Inn will hire you to do its commercial - you know the one where all their customers see the world through rose pink glasses - based on your Valentine's pix today, it is a bit of dry, black humor. Hope your day looks up from here.

Beautiful pic...I hate V Day, but as a wise old man once said "Dont ever, ever ignore V Day if you want to stay married."

CCJ

Perfect E/E if this shooting star hangs around below diagonal resistance today.

raimo

I'm a pretty good excel jockey (from years of necessity...)

what do you need?

What magazine I'll subcribe!

Jeff,

Congratulations!!!
That's awesome.

Please keep us posted.

ARTY!!! DUDE!!!!! WTF??? LOL

You know I love you man....

I just went long USG off the inter day bounce of $34.

Who you kidding, I know you see what I see....

A fag breakout re-test and a right shoulder (? time will tell)..with the appropiate volume.

How's granny?

Raimo...sent you an e-mail

Symmetrical triangle on CNQR. Anyone like it?

ill have to run a search for definition of a fag breakout...

The only thing that would make the picture better Jeff is if it we're a bull...

Berkshire