Blue Chip Bulldog - Latest Comments in Trades for 10/28/09

Re: Trades for 10/28/09

ChickenLittle — Fri, 30 Oct 2009 16:12:50 -0000

Just hedged my TWM with a little TNA. Looking to take it off in a couple of days.

Re: Trades for 10/28/09

Longhorn36 — Fri, 30 Oct 2009 15:24:25 -0000

i'm thinking Monday might be really ugly.

Re: Trades for 10/28/09

GreekGod — Fri, 30 Oct 2009 15:23:28 -0000

Thanks for the reply....but according to the monies coming in from
hedge funds earlier I will gamble on going for the convergence. So far
its 50/50 as of last night's tally.

Re: Trades for 10/28/09

moo — Fri, 30 Oct 2009 15:17:57 -0000

Very interesting Jack. Keep it coming is all I can say...and of course,
thank you.

Re: Trades for 10/28/09

Longhorn36 — Fri, 30 Oct 2009 15:13:52 -0000

that is Brinkley's bear gettin down...

Re: Trades for 10/28/09

Longhorn36 — Fri, 30 Oct 2009 15:13:12 -0000

that is awesome. kinda how i feel today.

Re: Trades for 10/28/09

InthePink — Fri, 30 Oct 2009 15:04:46 -0000

hahaha

Re: Trades for 10/28/09

GreekGod — Fri, 30 Oct 2009 15:03:45 -0000

No, sold it last night (stupid me) bot TZA earlier at 13.56....just
sold it @ 13.94

Re: Trades for 10/28/09

InthePink — Fri, 30 Oct 2009 15:03:45 -0000

yeah, this is a lot of selling momentum.... very similar to the buying
action during April-Sept

Re: Trades for 10/28/09

GreekGod — Fri, 30 Oct 2009 15:03:42 -0000

Good idea...another dollar and I get stopped out on GLD. HURRY

Re: Trades for 10/28/09

GreekGod — Fri, 30 Oct 2009 14:58:47 -0000

.71

Re: Trades for 10/28/09

Brinkley — Thu, 29 Oct 2009 19:07:18 -0000

Thanks, thy-- much appreciated.

Re: Trades for 10/28/09

thyname — Thu, 29 Oct 2009 11:46:14 -0000

I am glad you understood me! Thank you. BTW, your chart analysis and commentary today was first class!

Re: Trades for 10/28/09

Brinkley — Thu, 29 Oct 2009 11:13:38 -0000

Moo's just being protective of me as he knows that I have been burning the candle at both ends, thy-- I took it as a compliment, so not to worry. I do tend to feel guilty when I don't have time to do all the updates and charts I'd like to, which is silly on my part-- it's a holdover from when I ran my service and actually did have an obligation. Many (probably most) financial bloggers (if that's what we are) are not actually trading full time as moo and I are, and therefore have more time to "blog." We're 100% actively trading full-time, and have to fit posts and comments in when possible.

Re: Trades for 10/28/09

thyname — Thu, 29 Oct 2009 08:51:03 -0000

I was just trying to be funny. Please notice the smiley face at the end of my post. I totally understand you guys are not obligated to do anything here, and highly appreciate what you already do. My apologies if i sounded a little demanding here.

Re: Trades for 10/28/09

springheel_jack — Thu, 29 Oct 2009 06:31:01 -0000

Thank you Moo. This is a great blog. i hope to contribute a lot more in the future. :-)

Re: Trades for 10/28/09

moo — Thu, 29 Oct 2009 05:31:52 -0000

Just not really feeling the market vibe like I usually do Taz since being sick and that fact was underscored with a good loss yesterday...so I'm regrouping until that happens.

Re: Trades for 10/28/09

moo — Thu, 29 Oct 2009 05:29:30 -0000

I really hope it's only you. When you say "past due" you are implying an obligation and additionally a timely one. brinkley (or myself for that matter) are not obligated to do anything here. We do what we do and we do it freely. When this becomes something we "have" to do verses something we "want" to do, then it becomes less fun and less inspirational.

Re: Trades for 10/28/09

moo — Thu, 29 Oct 2009 05:17:47 -0000

I follow them morrise. Please post them at will! Thanks.

Re: Trades for 10/28/09

moo — Thu, 29 Oct 2009 05:16:07 -0000

Europe opened down about .5% is doing better and yesterday we pretty much followed their market action intraday. I'm betting we follow suit again today. The GDP is the cog however.

Re: Trades for 10/28/09

moo — Thu, 29 Oct 2009 05:12:52 -0000

You sure did TT. Great call.

Re: Trades for 10/28/09

moo — Thu, 29 Oct 2009 05:09:08 -0000

Super advise Jay....very well said. Thanks.

Re: Trades for 10/28/09

moo — Thu, 29 Oct 2009 05:06:12 -0000

Terrific Jack. Thanks for contributing here.

Re: Trades for 10/28/09

springheel_jack — Thu, 29 Oct 2009 05:02:24 -0000

Yes. :-)

If we do bounce here Brinkley, this upper trendline gives us the likely top of the next wave up.

I think we will bounce and will rally hard into next week. I think it might be fast and short-lived though. The next chart is worth a look IMO. I worked it up it from a chart of Joe's:

http://www.screencast.com/u...

If this pivot cycle holds, and we rally from here of course, we might see a very significant high next Tuesday or Wednesday. If we keep falling, we might see a very significant low.

Re: Trades for 10/28/09

moo — Thu, 29 Oct 2009 05:01:45 -0000

Very interesting. Thanks jay.