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Post by cosmic on Aug 31, 2010 12:56:27 GMT -5
I know I voted in that poll too and cancelled out your vote.
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Post by brosin on Aug 31, 2010 12:57:59 GMT -5
(for the buying oppt, I'm saying the market, not APWR)
APWR can *** **** **** ***** *** ***** ** **** ****** ****** ***** **** ** ***.
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Post by brosin on Aug 31, 2010 13:00:40 GMT -5
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Post by abdogman on Aug 31, 2010 13:02:08 GMT -5
xlf 13.55 on 1m macd 0/0
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Post by abdogman on Aug 31, 2010 13:05:20 GMT -5
macd neg now on xlf fas tna xlf 13.53 on 1m
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Post by abdogman on Aug 31, 2010 13:07:30 GMT -5
macd back pos on 1m xlf fas tna xlf 13.57 on 1m
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Post by abdogman on Aug 31, 2010 13:08:52 GMT -5
xlf 13.59 on 1m
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Post by abdogman on Aug 31, 2010 13:10:37 GMT -5
Summary of FOMC minutes....Briefing.com
The information reviewed at the August 10 meeting indicated that the pace of the economic recovery slowed in recent months and that inflation remained subdued. In addition, revised data for 2007 through 2009 showed that recent recession was deeper than previously thought and as result real GDP at end of 2009 was noticeably lower than estimated. Private employment increased slowly in June and July, and industrial production was little changed in June after a large increase in May. Consumer spending continued to rise at a modest rate in June, and business outlays for equipment and software moved up further. However, housing activity dropped back, and nonresidential construction remained weak. Additionally, the trade deficit widened sharply in May. A further decline in energy prices and unchanged prices for core goods and services led to a fall in headline consumer prices in June.
A few members worried that reinvesting principal from agency debt and MBS in Treasury securities could send an inappropriate signal to investors about the Committee's readiness to resume large-scale asset purchases. Another member argued that reinvesting repayments of principal from agency debt and MBS, thereby postponing a reduction in the size of the Federal Reserve's balance sheet, was likely to complicate the eventual exit from the period of exceptionally accommodative monetary policy and could have adverse macroeconomic consequences in future years.
Many policymakers judged that downside risks to the U.S. recovery had become somewhat larger; a few saw the incoming data as suggesting a greater risk that private demand for goods and services might not grow enough to offset waning fiscal stimulus and a smaller impetus from inventory restocking. In contrast, most saw a reduced risk of financial turmoil in Europe and attendant spillovers to U.S. financial markets. Policymakers generally saw the inflation outlook as little changed.
Given the softer tone of recent data and the more modest near-term outlook, members agreed that some changes to the statement's characterization of the economic and financial situation were necessary. All members but one judged that it was appropriate to reiterate the expectation that economic conditions—including low levels of resource utilization, subdued inflation trends, and stable inflation expectations— were likely to warrant exceptionally low levels of the federal funds rate for an extended period. One member argued that the recovery was proceeding about as outlined earlier this year and that starting a gradual process of removing policy accommodation fairly soon would better foster the Committee's long-run objectives of maximum employment and price stability.
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Post by abdogman on Aug 31, 2010 13:12:52 GMT -5
xlf 13.58 on 1m
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Post by abdogman on Aug 31, 2010 13:17:26 GMT -5
macd now neg on 1m xlf fas tna xlf 13.56 on 1m BB's spread on 1m xlf fas faz tna tza
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Post by jack on Aug 31, 2010 13:19:11 GMT -5
Ugly ticks too.
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Post by abdogman on Aug 31, 2010 13:20:05 GMT -5
2.3 mil share spike Red candle in xlf xlf now 13.51 on 1m BB's spreading xlf fas tna on lower channel on 1m
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Post by ccash04 on Aug 31, 2010 13:20:36 GMT -5
And there goes the ES. Bros when you turn bearish that is when the market will go up.. You are still bullish so it will continue to bring more doom.
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Post by ccash04 on Aug 31, 2010 13:26:31 GMT -5
Sold spy 104 puts @ 1.89 for .20 or 11.8% gain.. Ask I gotta exalt you the spy puts play is a great play
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Post by abdogman on Aug 31, 2010 13:32:47 GMT -5
xlf 13.53 on 1m
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Post by abdogman on Aug 31, 2010 13:33:23 GMT -5
Sold spy 104 puts @ 1.89 for .20 or 11.8% gain.. Ask I gotta exalt you the spy puts play is a great play Great Ccash......and Ask also
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Post by abdogman on Aug 31, 2010 13:34:33 GMT -5
BB's narrowing on 1m xlf fas faz tna tza ...aud/jpy xlf 13.52 on 1m macd 0/0 on 1m
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Post by brosin on Aug 31, 2010 13:36:49 GMT -5
And there goes the ES. Bros when you turn bearish that is when the market will go up.. You are still bullish so it will continue to bring more doom. Interesting - not sure why I would matter given I'm already one of a pretty small minority (35%). My track record is pretty damn good. www.fastopia.proboards.com/index.cgi?board=brosin
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Post by abdogman on Aug 31, 2010 13:37:57 GMT -5
xlf 13.49 on 1m macd neg on xlf fas tna on 1m
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Post by abdogman on Aug 31, 2010 13:44:16 GMT -5
bb;s spreading on 1m xlf fas faz tna tza xlf 13.48 on 1m
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Post by ccash04 on Aug 31, 2010 13:44:24 GMT -5
And there goes the ES. Bros when you turn bearish that is when the market will go up.. You are still bullish so it will continue to bring more doom. Interesting - not sure why I would matter given I'm already one of a pretty small minority (35%). My track record is pretty damn good. www.fastopia.proboards.com/index.cgi?board=brosinIt would need to be more or some sort of capitulation, the slow grind down is very hard to reverse.. Plus lack of volume, if you look back at bottoms typically they have very heavy volume. I do think its too bearish, but I think even more there is just a general apathetic view (IMO its worse than too bearish/bullish, no one cares) so its hard to gain traction or get enough momentum to put in a significant bottom. There is so much conflicting data out there as always but there really aren't that many shorts which is scary. People are just selling.
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Post by ask2lern on Aug 31, 2010 13:45:11 GMT -5
Sold spy 104 puts @ 1.89 for .20 or 11.8% gain.. Ask I gotta exalt you the spy puts play is a great play GREAT TRADE CC and thanks..............I did get another 100 contract scalp............ in @ 2.07 out @ 2.19 +5.79 Most likely done for the day as the IV is to high IMO on the SPY PUTS...................GLTA ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D
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Post by ukarlewitz on Aug 31, 2010 13:45:27 GMT -5
alphatrends if $TLT closes here it is a new close high for year and it creates a lot of wrong top pickers, again
The tick here at 245p is -1150. This flush pushes below vwap and below the 2 day trend line.
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Post by ask2lern on Aug 31, 2010 13:47:29 GMT -5
Even though I am not in here are the marks I have now for SPY R 105.29 S 104.59.......................GL
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Post by jack on Aug 31, 2010 13:50:35 GMT -5
Ticks uglier
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Post by cosmic on Aug 31, 2010 13:51:09 GMT -5
I have instructed my broker to liquidate all long positions at end of day in equities.
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Post by abdogman on Aug 31, 2010 13:52:11 GMT -5
xlf 13.46 on 1m
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Post by cosmic on Aug 31, 2010 13:54:03 GMT -5
It was funny because he said "Even if we go green?" and I said yup. Tired of the game, will wait for trend. I don't care if I buy at 1100 - at least we might have a trend.
I did not order any Rydex Bear though, although I'm tempted. I will stay with my Pimpco funds which do well in down markets.
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Post by abdogman on Aug 31, 2010 13:54:08 GMT -5
BB's narrowing on 1m for xlf fas faz tna tza
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Post by abdogman on Aug 31, 2010 13:54:55 GMT -5
macd back pos last 2 mins for xlf fas tna xlf 13.49 on 1m
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