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Post by cosmic on Feb 28, 2010 12:28:24 GMT -5
Chart setup suggests a pullback is in order. I have shorted FAZ puts against my FAZ short hedge, and sold calls on URE. Here's the chart
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Post by brosin on Feb 28, 2010 12:37:38 GMT -5
Big bull horns out for Monday.
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Post by cosmic on Feb 28, 2010 12:39:05 GMT -5
Big bull horns out for Monday. Rainman bullish?
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Post by maxi on Feb 28, 2010 13:18:28 GMT -5
It looks like right at a crossroads. Hit at least 2 of your lines. Talk is bullish many places I read. So bullish in fact that one of my chartist is asking for bearish input on his site just for balance... I guess that puts me at Baby Bull
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Post by brosin on Feb 28, 2010 13:33:36 GMT -5
Big bull horns out for Monday. Rainman bullish? Not quite, but getting closer. Would like to see 1125 first, and then I might be a Torr Bull every day until a few days prior to FOMC ;D - only about 2 weeks away actually. Coming up fast, they're going to need a pop before the drop!
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Post by timber on Feb 28, 2010 13:34:25 GMT -5
baby bull to moderate bull
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Post by Rich on Feb 28, 2010 17:05:44 GMT -5
I did a lot of chart reading today. The indices. Major stocks.
I checked out the longer time frames. Drew new lines.
Was trying to find the bull that I haven't felt for a long time.
Even put up a chart of the DJT which is probably the most bullish thing I could find.
Still not feeling it.
Bear for tomorrow.
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Post by drtracyb on Feb 28, 2010 17:41:58 GMT -5
I sold half of my BAC and half of my APWR on Friday. Which means we're going to da moon!
And I want to get into VSTNQ, which means all the big wigs are going to spike it premarket before I can get in.
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Post by puurfectten on Feb 28, 2010 18:19:20 GMT -5
sorry guys...still think we have a violent shake out comin....don't think that was it and the way "i" see the charts is confirming it ....but...we all know strange things can happen....still think we get that old greek bouuuuuuuuuuuu-yaa quick run-up/sell in.....quick reverse and get it greek style thing happinin ....maybe monday....let's see.......gov wants to collect full tax rate on all that free $$$ they gave away since last march...plus a little flight to treasyries wouldn't hurt...just a little vanilla icing on "their" cake.... ..ya know..just for the prop-up job....i
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Post by exabi on Feb 28, 2010 18:23:39 GMT -5
Voted baby bull just because there was not a selection for baby steer...BWTFDIK
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Post by Dualism on Feb 28, 2010 18:29:01 GMT -5
'Baby bull' for Monday session.
Summation Index is in undisputed uptrend. Breadth Oscillator is comfortably above the 0-line.
T-bond futures has rallied over the last 6 days while stocks have been generally strong. Pullback in 30 year bond is highly likely which should propel stocks higher.
VIX trading under 19.59 also reflects investor confidence.
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Post by clemsontygr on Feb 28, 2010 19:52:14 GMT -5
Bear But:
I'll be a insta bull if we break and stay above NASDAQ 2250 (my bearish stop limit)
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Post by clemsontygr on Feb 28, 2010 20:05:33 GMT -5
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Post by brosin on Feb 28, 2010 20:08:41 GMT -5
Happy birthday Clemson, hope you make a ton tomorrow
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Post by ask2lern on Feb 28, 2010 20:31:41 GMT -5
I think whipsaw.............. so I vote bulear........I did not see that as a choice on the poll though......lOL.......................GLTA
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Post by ask2lern on Feb 28, 2010 20:33:08 GMT -5
A karma for your birthday.....................Enjoy!!
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Post by jack on Feb 28, 2010 20:33:30 GMT -5
"Greetings and felicitations on yer Birthday Clem!!!"
Sorry but yer gonna have to take a karma on layaway at the moment.
J
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Post by Rich on Feb 28, 2010 20:41:16 GMT -5
Happy Birthday Clemson. You've been karmalized.
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Post by cosmic on Feb 28, 2010 20:46:14 GMT -5
Clem - PM me with the correct date or see if you can go in to Modify under your Profile and change it.
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Post by torrentio1 on Feb 28, 2010 21:07:16 GMT -5
[glow=green,2,300]Snorting BULL!!![/glow]
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Post by ukarlewitz on Feb 28, 2010 21:19:44 GMT -5
I voted Kenny bear, but only because it was a good joke that needed to be appreciated.
Hmm, bulls and bears are more or less split. Oscar is bullish, too. That's not good.
I have to lean bearish although my feeling is that we are range bound (109-111.5) for awhile, perhaps weeks, a repeat of the late autumn. More risk to the downside from here.
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Post by puurfectten on Feb 28, 2010 21:25:48 GMT -5
happy b-day clem !!! ;D ;D
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lookingherethere
Broker/Dealer
"I am in me.." <In response to the possessed rumors>
Posts: 533
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Post by lookingherethere on Feb 28, 2010 22:30:31 GMT -5
I think whipsaw.............. so I vote bulear........I did not see that as a choice on the poll though......lOL.......................GLTA I gots ta agree.. Whipsaw setup.. be ready and be strong
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lookingherethere
Broker/Dealer
"I am in me.." <In response to the possessed rumors>
Posts: 533
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Post by lookingherethere on Feb 28, 2010 22:31:56 GMT -5
[glow=green,2,300]Snorting BULL!!![/glow] Does'nt that burn ur nose?
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Post by maxi on Feb 28, 2010 22:32:04 GMT -5
Happy Birthday Here is your birthday Karma
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Post by jack on Feb 28, 2010 22:41:52 GMT -5
Oh yeh??? How 'bout dis?
If this keeps up I'm gonna have to buy some TPX - their ad campaign just won't quit!
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Post by kbk3ck on Feb 28, 2010 23:39:48 GMT -5
Did a LOT of DD today. Boiled 38lbs of crawfish and me and Randy and Kim ate all we could. Rubbed my belly and burped. Felt like a pig. Pigs get slaughtered. BEAR it is. It was a lot of work but yall are worth it.
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Post by puurfectten on Feb 28, 2010 23:41:17 GMT -5
goin to sleep guys...take a look at the e-minis..or the spx....even if we mirror the fake out/run up from the summer...we would still have a leg down to 1030 at the least...thats my story and i'm stickin to it... ;D....let's see how it plays.....see ya in the am....sleep good...
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Post by kbk3ck on Mar 1, 2010 0:12:14 GMT -5
You too Purr. Headed to bed myself.
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sowolf
Broker/Dealer
Posts: 439
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Post by sowolf on Mar 1, 2010 4:15:03 GMT -5
Big Bull for Monday and probably Tuesday. Selling will probably resume on Wednesday (possibly Tuesday afternoon). Don't forget Monday we have 401k dollars from weekly payrolls + bimonthly payrolls (since it is the 1st) + hedge fund contributions (1st of the month). Might carry us through Tuesday.
Good luck everyone.
sowolf-
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