Qman,

I totally missed you!  Now, you put everything into perspective for me now.  Feel much better about what I am doing now.

anbion

I noted a reversal day late last week in ferts on this board. Looks more real now.

Carrying shorts into Fed meeting,you must know your risk profile.  I like the solars.  Education stocks look like they are ready to roll over. There is no way anyone is still long GLW from last week, not just TV Friday. That is one ugly chart.

USO is in an extremely tight consolidation pattern. Which way it moves may depend on the Fed announcement tomorrow. But I think it is primed for a big move either way. Until the 50-day is broken in a meaningful way, gun to head, I would say it is up.

Hedge -

I see what you are looking at with USO. It is coiling really tight at the top. Impossible to go against this kind of trend. It may go down from here, but I wouldn’t even bet “your” money on it.

Difficult market for sure.  I have X and AM short today.  Day trade.

hh,

Good job with SQNM long call.  Making a killing on it today.

You the man!

anbion

hh,

you are the master trader with SQNM long call.

lets rip baby!

thanks again.

anbion

hh,

Selling some SQNM here.  May gap tomorrow.  Sell stop set.

anbion

Any thoughts on RIMM?

Short RIMM on any significant pops is the way I will play it.

Nasdaq looks like an ugly place tomorrow, with RIMM and ORCL. Too bad I didn’t pick up QID.

Looking at longs in EWZ (Brazil ETF) and PBR (Brazil petro).

Both had big reversal days on the daily charts and 150% of normal daily average volume.

HH,
You’re on fire my freind. Still trying to get out of some real estate that is distracting my day trading. This RIMM news puts QQQQ $44, (April lows)in play.  Massive July put buying there today. Smart money knew something me believe.

Thanks Dan Murphy

I am energized by the comraderie of this tickerville community. reading others’ posts clarifies my thoughts and makes me want to work harder to find the next plays.

If we hit QQQQ = 44 I shudder to think where the market could fall. But I will play the darkside nonetheless.

Thanks for your kind words.

Thanks anbion for the positive PR on SQNM.
Glad you are making money on that one.
hh

http://www.trivisonno.com/

This a great blog I use to help get what I believe to be a reasoned perspective on the market devoid of all the advertisement laden blogs and pump and dump hype you get from a lot of message boards today.

Hope you enjoy it as much as I do.

hh

A few tips for today:

1.  No hero trades.  Capital preservation is priority number one.
2.  If you are long, have a plan.  Don’t just stare at the screen hoping something is going to come back.
3.  If the market is making you feel anxious or depressed step away for some quick exercise.  Even just a few sit ups or push ups on the office floor can help relieve the stress.
4.  Eat right and drink lots of water.  The market may be sick, but you feeling the same will definitely not help your trading.
5.  If you are making trades into this mess, long or short, consider using hard stops. 
6.  This too shall pass.  Stay positive.

Good morning all. Time to do some of that ‘hand sitting’ as Qman says.

DXD, SDS, PSQ and TWM all had huge moves today.  Took some $ off the table on DXD.

Banks like BBT and WB did not make new 52 wk lows today while C and BAC did.