Monday, September 30, 2013

I Can Hear Gordon Ramsay Screaming: 'Shut It Down!' In the Background...


Chef, October's going to be a big month - and I mean yooooouuuuujjjjjjj!  

In addition to the mess on Capitol Hill, I'm expecting some distributions from my Lehman bonds to hit the bank account on 3 October 2013...  I had a dream recently that my accounts skyrocketed due to my Lehman bond payouts.  

Plus, Earnings Season will kick off on 8 October 2013 with AA and I've already got some AA straddles going on.  

I left a lot of money on the table for the Market Makers with FB's ride up.  I played all the levels from $45 through to $51.  It seems to be hitting against a brick wall at the $51 level and if a steeper decline is in store, I've still got $47, $49, and $51 strike puts.  The best case scenario for me is if a breakdown hits just as the Conviction Bulls have been piling in.  This would put my $49s and $51s in play - full throttle.

Come on, Market Buddies... step in and bail me out!  Especially Dear Carl Icahn!

-4.57% SBA
-1.52% Roth IRA

-0.84% DJIA
-0.27% Nasdaq
-0.60% S&P 

-0.77% FTSE
-0.59% Eurofirst
-2.06% Nikkei
+0.68% Shanghai
-1.76% SENSEX
-1.50% Hang Seng

-0.54% WTI
-0.29% Brent
-0.50% Gold
-0.21% Copper
-2.75% Corn

+0.32% GBP/USD
+0.32% EUR/GBP

1.10 Put / Call Ratio

-0.23% DJT
+7.63% VIX

-0.57% 5-Year US Treasury Notes
-0.15% 10-Year US Treasury Notes

37% Advancing Issues on NYSE                       |   30% Up Volume
60% Declining Issues on NYSE                        |   68% Down Volume
3% Unchanged                                             |   2% Unchanged
84 New Highs   |   38 New Lows

44% Advancing Issues on Nasdaq                    |   37% Up Volume
54% Declining Issues on Nasdaq                     |   62% Down Volume
2% Unchanged                                             |   1% Unchanged
130 New Highs   |   25 New Lows


Today's Major Headlines

Washington Shutdown Looms As Deal Hopes Fade

S&P To Hold Fire On US Credit Downgrade - For Now




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