tag:blogger.com,1999:blog-6135767210188526078.post2546923428776898155..comments2023-07-28T11:28:55.153-04:00Comments on pebblewriter: Intra-day: July 29, 2011pebblewriterhttp://www.blogger.com/profile/11324367600914701000noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-6135767210188526078.post-58103620966975851242011-07-29T16:12:04.109-04:002011-07-29T16:12:04.109-04:00Up about 50%, thanks. I guess I need to post some...Up about 50%, thanks. I guess I need to post some more about BAC; it's been making some interesting moves this week. Hopefully get to it this weekend.pebblewriterhttps://www.blogger.com/profile/11324367600914701000noreply@blogger.comtag:blogger.com,1999:blog-6135767210188526078.post-80416623203178926002011-07-29T15:20:32.144-04:002011-07-29T15:20:32.144-04:00How's those BAC puts doing, Pebble?How's those BAC puts doing, Pebble?Tomhttps://www.blogger.com/profile/10236709465932299548noreply@blogger.comtag:blogger.com,1999:blog-6135767210188526078.post-85846399168792476782011-07-29T14:24:42.534-04:002011-07-29T14:24:42.534-04:00The debt deal has highjacked the timeline, much li...The debt deal has highjacked the timeline, much like OPEX normally would. But, from what I've seen, I don't think the resolutions being discussed will leave us an better off. <br /><br />From above: "It will not reduce our debt burden, save our AAA credit rating, nor stimulate a moribund economy. Whatever relief rally we get will be short and sweet and will be followed by a plunge to below 1200."<br /><br />I imagine something will be announced over the weekend or Monday, and the market will bounce -- but only a little. Day traders might make some money on it, but for swing traders the trend is down.pebblewriterhttps://www.blogger.com/profile/11324367600914701000noreply@blogger.comtag:blogger.com,1999:blog-6135767210188526078.post-5231206128925926892011-07-29T12:15:57.762-04:002011-07-29T12:15:57.762-04:00OK. 1307 or 1314, does not seem today is likely. ...OK. 1307 or 1314, does not seem today is likely. We can get another debt ceiling bounce Monday if we get there. Not even sure if we will get it given the deep division.<br /><br />Do you have a time forecast other than price level?George Hhttps://www.blogger.com/profile/11388361981177660389noreply@blogger.comtag:blogger.com,1999:blog-6135767210188526078.post-21794957807628038232011-07-29T11:39:40.536-04:002011-07-29T11:39:40.536-04:00Hey George, just updated a few minutes ago with my...Hey George, just updated a few minutes ago with my thoughts on the bounce potential.pebblewriterhttps://www.blogger.com/profile/11324367600914701000noreply@blogger.comtag:blogger.com,1999:blog-6135767210188526078.post-38536760269475950592011-07-29T10:57:05.594-04:002011-07-29T10:57:05.594-04:00This bounce is quite strong. Any target in mind? ...This bounce is quite strong. Any target in mind? Seems the air is filled with QE3 talk.George Hhttps://www.blogger.com/profile/11388361981177660389noreply@blogger.com