Yeah I see the long term trend - this trade isn't meant to be held for more than a few days. If 19 doesn't hold, then the trendline suggests...
I went long FB at 19.08 today and am holding over the weekend. A second straight close near the day's low is a bit concerning, but I wonder if...
I'm betting 19.01 is a temporary bottom. That's 50% of the IPO price.
50% retrace of the move starting from where? 1266 at the beginning of June, or the 1330 low from 2 weeks ago?
Look at VXX today. It is the greatest financial instrument I have ever seen.
So based on your posts today, I guess you no longer think this is a hoax.
They're killing everyone both ways in AH.
Now the market's coming back up but the H&S neckline might be holding as resistance.
Left shoulder around 11:35am, head around 12:25pm.
Right shoulder of an H&S formation?
If that's true, shouldn't the VIX be higher than 16?
Any recommendations for stocks that could plunge or skyrocket after their Q2 earnings report? I will throw out one possibility:...
Bernanke also speaks before the Senate on Tuesday.
The last 3 Fed minutes dates were May 16, April 3, Feb 15. May 16 SPY chart: [img] Apr 3 SPY chart: [img] Feb 15 SPY chart: [img]
http://www.elitetrader.com/vb/showthread.php?threadid=105035&perpage=6&pagenumber=1
7:45 am http://www.marketwatch.com/story/focus-on-deposit-rate-as-ecb-ponders-cuts-2012-07-04
Why so much? Based on the news I've read, they're only "aiming" to establish a single financial supervisor "by the end of this year". A morning...
Why do you need another reason besides what you already mentioned?
That means each trade lost around 1K. Seems like really tight stops for an account your size.
The poll results say too many bulls, by a 20-2 margin.
Separate names with a comma.