Comcast - PAC 12 - Bay Area (Channel 433),
Comcast - PAC 12 HD - Bay Area (Channel 823)
Comcast - PAC 12 - national (Channel 434)
DISH (channel 413)
Comcast in Bay Area - FSN games are on KICU (Channel 6 and 706)
FCP Pacific (channel 415)
With the DOW just 30 stocks, it's not always the best indicator of the overall mkt, but it works too. 11,010 or so would be comparable support in that same time range (mid / late Nov 2010).
Watching a 3 min chart of the ES and it has been ticking up gradually, now at 1173. Can't say I'm watching though. I'm putting up a 24' x 12 patio shelter now and when I come down the ladder, I check the laptop.
I found a Cal bottle opener to go on the center 4x6 post! And it works
The University of California - One of the finest universities in the world, is the oldest public university in our great state with origins dating back to 1855, and university status granted in 1868. Go Bears!
With the DOW just 30 stocks, it's not always the best indicator of the overall mkt, but it works too. 11,010 or so would be comparable support in that same time range (mid / late Nov 2010).
Watching a 3 min chart of the ES and it has been ticking up gradually, now at 1173. Can't say I'm watching though. I'm putting up a 24' x 12 patio shelter now and when I come down the ladder, I check the laptop.
I found a Cal bottle opener to go on the center 4x6 post! And it works
This is the emini futures contract for the S&P500. Not sure who your broker is, but try putting "'/ES" onto your charting program.
I attach a 5 min chart of the ES from ToS (ThinkorSwim).
The University of California - One of the finest universities in the world, is the oldest public university in our great state with origins dating back to 1855, and university status granted in 1868. Go Bears!
I've been Googling for you, and it's possible that Scottrade does not do futures. I just checked their website, and it appears that they do not. Up to you, but ToS allows, or at least used to, a free paper account. Maybe with that you'd be able to get that info, plus you'll quickly see why it's a favorite of option traders...
The University of California - One of the finest universities in the world, is the oldest public university in our great state with origins dating back to 1855, and university status granted in 1868. Go Bears!
Time to sell that gold and buy back the innocent bystanders that have been getting killed based on fear/speculation alone. U.S. Steel at 30? Don't mind if I do!
Well, here we are at the next possible support level I had mentioned previously. I just added to my SPY position at 112.66. Plenty more dry powder should this thing continue down. Next stops, 104, then 100 on the SPY. Hoping the mid 112's / 113 area holds though...
The University of California - One of the finest universities in the world, is the oldest public university in our great state with origins dating back to 1855, and university status granted in 1868. Go Bears!
Well, here we are at the next possible support level I had mentioned previously. I just added to my SPY position at 112.66. Plenty more dry powder should this thing continue down. Next stops, 104, then 100 on the SPY. Hoping the mid 112's / 113 area holds though...
I didn't think we'd be here this fast. Did you see the market drop when the president started his speech?
I was actually driving into work and heard part of the speech. Once in the office, I pulled-up a chart, and there we were. At this point, I like the nice push off the support. Let's see what happens from here though...
That said, I'm making money on the SPY purchase and FCX earlier at 41 and change, by selling calls that expire this Friday, the 12th. For FCX, it's the 45 call, so it would be a quick 10% profit (41 to 45), plus the money collected on the sale of the calls...
And if not, I'll gladly keep these and other positions until this shake-out is complete.
The University of California - One of the finest universities in the world, is the oldest public university in our great state with origins dating back to 1855, and university status granted in 1868. Go Bears!
I was actually driving into work and heard part of the speech. Once in the office, I pulled-up a chart, and there we were. At this point, I like the nice push off the support. Let's see what happens from here though...
That said, I'm making money on the SPY purchase and FCX earlier at 41 and change, by selling calls that expire this Friday, the 12th. For FCX, it's the 45 call, so it would be a quick 10% profit (41 to 45), plus the money collected on the sale of the calls...
And if not, I'll gladly keep these and other positions until this shake-out is complete.
As of now, it's looking pretty good. Here's what I'd like to see when today is done to make me feel like a bottom might be in:
1. Volume. It has been high in recent trading days, increasing day after day. I want that to continue today as well. At this point, it seems like it will be close.
2. Bounce nicely off a resistance level. That happened, thus far (1125 for the SP500 or about 112 on the SPY).
3. Ideally close at or near the day's highs, around 117 on the SPY.
++++
If we revisit and close at the day's lows, or below, all long bets are off, for me at least.
The University of California - One of the finest universities in the world, is the oldest public university in our great state with origins dating back to 1855, and university status granted in 1868. Go Bears!
Linear Mode
