Tatnic's Terrific Trades

If you haven't unloaded or found some protective shorts, your time is running out.

HOly molie...naz futures of 28 pts. so far this am. The whole world is red, except for the iceland exchange and a few others.

[peanuts]

Good eye....I agree with you that this is a good one to watch....and a good one to buy for insurance since it pays double the downside. But if you're wrong, then you lose twice as much, kinda like buying puts on the qubes.

My guess is that if we have a true stage 3 downturn, that it won't be a text book decline...expect alot of give and take. For instance, Bernanke was out today trying to calm things down after his predecessor screwed things up yesterday. I'm guessing that the markets will weigh greenie's opinion much heavier than Ben's. Boy isn't this interesting!?

Ya, I caught a few minutes of the news from the standard station, and they sure were kissing Ben's butt on TV... I wonder what they were saying off the air, though.

QID is testing overhead resistance from earlier today, right now... looks like it wants to go higher

Good eye....I agree with you that this is a good one to watch....and a good one to buy for insurance since it pays double the downside. But if you're wrong, then you lose twice as much, kinda like buying puts on the qubes.

My guess is that if we have a true stage 3 downturn, that it won't be a text book decline...expect alot of give and take. For instance, Bernanke was out today trying to calm things down after his predecessor screwed things up yesterday. I'm guessing that the markets will weigh greenie's opinion much heavier than Ben's. Boy isn't this interesting!?

[peanuts]

If you haven't unloaded or found some protective shorts, your time is running out.

QID is testing overhead resistance from earlier today, right now... looks like it wants to go higher

...futures ticking up somewhat. Yesterday's meltdown was blamed not only on greenie, but on a computer glitch that exaccerbated the move. I'm pretty sure we ain't seen the last of selling...I'm thinking those who got caught holding the bag yesterday will be looking for an opportunity to unload during any little rallies that come along.

If you haven't unloaded or found some protective shorts, your time is running out.

Day 2?

...futures ticking up somewhat. Yesterday's meltdown was blamed not only on greenie, but on a computer glitch that exaccerbated the move. I'm pretty sure we ain't seen the last of selling...I'm thinking those who got caught holding the bag yesterday will be looking for an opportunity to unload during any little rallies that come along.

[Lyehopper]

China and Big Mouth Greenspan...I thought he retired???

I was thinkin' the SAME THING!.... Wonder what he shorted last week?

[IIC]

China and Big Mouth Greenspan...I thought he retired???

http://www.forbes.com/feeds/ap/2007/02/27/ap3467501.html

[Lyehopper]

I wish I had the article to link to, but I read this morning that it was massive Chinese funds which all sold today in order to pay first quarter dividends by the end of March.

Who knows?

I've moved mostly to CA$H, personally. I was thinking of taking some time off, anyway.

Why not short something?

I wish I had the article to link to, but I read this morning that it was massive Chinese funds which all sold today in order to pay first quarter dividends by the end of March.

Who knows?

I've moved mostly to CA$H, personally. I was thinking of taking some time off, anyway.

Probably not the end of the world, but we really got over-extended...nothing wrong with going to cash. I did a quick and dirty check on the qubes...the average "correction" over the past 3 years has been around 11%, and has lasted an average of around 11 weeks. Again, I may be too early with talk of a correction, this market has a mind of its own.

[peanuts]

Boy that old dude still has power over the markets. I don't know if it was his comments alone that started this but it given that his comments were made in hong kong, and the next day their market collapsed is pretty significant and telling.

Anyway, I'm getting very defensive here, writing calls and buying index puts. We're still not that far from all time highs so I could be wrong, but I'm feeling quite defensive now.

I wish I had the article to link to, but I read this morning that it was massive Chinese funds which all sold today in order to pay first quarter dividends by the end of March.

Who knows?

I've moved mostly to CA$H, personally. I was thinking of taking some time off, anyway.

This bodes watching, ie the market's reaction.

http://biz.yahoo.com/ap/070226/hong_...span.html?.v=4

Boy that old dude still has power over the markets. I don't know if it was his comments alone that started this but it given that his comments were made in hong kong, and the next day their market collapsed is pretty significant and telling.

Anyway, I'm getting very defensive here, writing calls and buying index puts. We're still not that far from all time highs so I could be wrong, but I'm feeling quite defensive now.

MY BAD! I thought I had read last week that earnings were to be released b4 the market opened today.....that's incorrect. They're to be released after today's close, so watch the extended hours quotes to see how the numbers were taken. If the stock pops, then the numbers (ie margins) have improved and the stock could break out strongly. If not, then its more of the same.

Well, the stock is up pre-market but the company still has not released any numbers other than their "preliminary" sales. No profit info and they now say they can't make the deadline once again. I see there are some brave souls who don't care about the lack of info but I for one wouldn't want to be left holding the bag when the real numbers finally come out.

LEH autopsy

...what happened? Well, for starters one of their top people left the firm. The chart is at very important support and may have already lost its grip. No position here...watching this level for clues.

Tatnic's thread is rapidly becoming the most popular investment column on the internet. Way to go dude.

thanks for the accolades MM but me thinks you got a little carried away on that claim.