Tuesday, February 14, 2012

Evening Thread

AAPL intraday today. Position: long some calls. I admit to being AAPL call junkie. (also short some Feb puts.)

Afternoon Thread

Nothin' greater than a gator.
The market looks like it's resting today and decliners are leading advancers (60.9% to 27.3%) but there are 151 new highs and only 21 new lows.

Morning Thread

Gator's Chart of the Day: SSEC-X
I'm draggin' so here's the Dragon. 

Some say that Greece doesn't matter and the real deal is China.  The Shanghai Se Composite Index shows the downtrend that has persisted for more than 10 months.  It looks to me to have put in a tight double bottom that spanned the new year (ours not theirs) and is now moving higher.  Last week it pierced the down trend line and yesterday it it tested it successfully.