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Thread: June 18 - Queue the countdown

  1. #1
    switchflare is offline

    June 18 - Queue the countdown

    Look out below

    http://www.bloomberg.com/news/2013-0...wanted-1-.html

  2. #2
    denco1 is offline
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    Joined: Nov 2012 Location: Shortie's A$$ Posts: 1,486
    Its been priced in to some extent over the last month and will not be a big surprise to anyone. Though, a nice buying op would be welcomed to add to my LONGDUCKDONGSHARES!!!!!


    GoSpursGo!!!

  3. #3
    switchflare is offline
    Departure may be priced in, but just imagine if his replacement is any less inclined to print money.

  4. #4
    denco1 is offline
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    That is what all this volatility has been about in my opinion. It is a known event now..., that will happen eventually. They had to make a BIG deal about it after the huge run up to force some profit taking during the mid summer months. They will tapper at some point. The more they talk about it and the more the market gets is panties all jumbled up, the less of an impact when it actually happens. They will not do it until the economy/unemployment reach certain targets. By that time it should be seen as a good thing.......just part of the dog and pony show.
    Last edited by denco1; 06-18-2013 at 11:45 AM.

  5. #5
    denco1 is offline
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    Nice call on the pop RC!

    I have been unloading some higher basis shares on this run up. I will re assess once it settles down. Dropping the margin kids off at the pool.......STILLLONGDUCKDONG!!

  6. #6
    Redcloud is offline
    Thanks Denco, I was busy tapping those bears azzes on anything below 3.30 down to 3.21, loading up on options. It's been nice making $1400/penny on the way back up, Thanks bears, I mean Beotches!!!
    Suck Eggs Shorty!!!

  7. #7
    midas360 is offline
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    Joined: Dec 2012 Location: Trading Pit Posts: 464
    Obi Wan GINOBLI!!!!!

    for denco
    Stock Chat Room --->http://us12.chatzy.com/66899682019021 :money:

  8. #8
    Limit5Bass is offline
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    The first of a few updated SIRI charts for any that are interested

    Has wave 3 completed or is wave 3 heading for an extension? That is the question of the week….

    SIRI 2013-06-17 weekly elliot.jpg

    The preliminary wave 3 target is calculated by taking the length of wave 1 which is $2.39 and adding it to the bottom of wave 2, or $1.27. This results in a preliminary wave 3 target of $3.66.
    Last edited by Limit5Bass; 06-18-2013 at 04:18 PM. Reason: Describe wave 3 prelim target calculations

  9. #9
    just sirius is offline
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    hahaha...should be another good game...sure as hell hope the Spurs finish it tonight!!

    JS


    Quote Originally Posted by midas360 View Post
    Obi Wan GINOBLI!!!!!

    for denco
    PURCHASED THE CABIN IN THE WOODS...THANKS MEL, MALONE, AND THE BLUE DOG

  10. #10
    just sirius is offline
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    Bassman...thanks for the updated chart!!! Damn glad to have you posting here again...

    JS


    Quote Originally Posted by Limit5Bass View Post
    The first of a few updated SIRI charts for any that are interested

    Has wave 3 completed or is wave 3 heading for an extension? That is the question of the week….

    SIRI 2013-06-17 weekly elliot.jpg

    The preliminary wave 3 target is calculated by taking the length of wave 1 which is $2.39 and adding it to the bottom of wave 2, or $1.27. This results in a preliminary wave 3 target of $3.66.
    PURCHASED THE CABIN IN THE WOODS...THANKS MEL, MALONE, AND THE BLUE DOG

  11. Ad Fairy Senior Member
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