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Post by Clinton SPX on Aug 11, 2011 12:12:54 GMT -5
TGC just popped weeeeeeeeeeeeeeeeeeeeeeeeeeee
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Post by elle on Aug 11, 2011 12:18:39 GMT -5
same R held us back on Tues, guess this is the front lines
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Post by elle on Aug 11, 2011 12:21:48 GMT -5
now I see why, we recapture this, the next big break was at 1270
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Post by brosin on Aug 11, 2011 12:22:08 GMT -5
RIMM is cooking today..
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Post by maxi on Aug 11, 2011 12:22:44 GMT -5
same R held us back on Tues, guess this is the front lines Until this pattern of up and down leaving us at the same place each time stops I am not feeling bullish at all. If this turns into a +400 - 500 up day and we don't lose it all tomorrow I may feel more bullish.
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Post by birthmark on Aug 11, 2011 12:23:32 GMT -5
TGC just popped weeeeeeeeeeeeeeeeeeeeeeeeeeee Earnings Mon Clint. GL
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Post by huh? on Aug 11, 2011 12:26:08 GMT -5
Wow, yeah it is. I see a backtest of the $27.00 area coming soon. Be careful of CSCO...looks like it is backtesting broken support now.
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Post by jack on Aug 11, 2011 12:54:17 GMT -5
Heard back from Cashfilly yest - here's what she thinks:
I heard from Cashfilly yest. Here's what she says:
"Still all cash. This high frequency trading has really messed up computers. Price? Hmm let me guess cuz every computer, every Internet connection shows a different price. Answer? Today I will put in a higher price so I get filled. Only happens on big moves but tired of waiting for the darn computers to clear up.
Anyway, I believe we need to hit the lows again and c if they hold. Nothing has really changed. The world economy is contracting so I am not ready to hold overnight. We could be the leaders out of this if Washington gets it's act together. If not. Another downgrade in November for sure and if there is any mess at all before that, moody and fitch will join S&P. That tells me lower lows coming.
Everyone is in trouble. Eu is obvious, china Is too hot. Israel is a mess now. And Mideast is in worse turmoil than when we used them as an excuse.
If we don't retest the lows this week, I'll look for a retest no later than when fomc notes r released in 2 weeks. Lots of $ to be made... Go long when we hit bottom of bollinger band and short when we hit top.
ps. Favorite trades. Erx. MCP. TZOO. Soda. Dto
BAC might have hit it's low.
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Post by Clinton SPX on Aug 11, 2011 12:58:54 GMT -5
MMs are really trying to push these free to trade ETFs UP!! thats a good sign IMO
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Post by Clinton SPX on Aug 11, 2011 12:59:50 GMT -5
I was going to buy this bull flag but they arent giving an entry point on any of them
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Post by elle on Aug 11, 2011 13:27:55 GMT -5
shorts still not covering, prolly betting we fail to take out Tues hi
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Post by Clinton SPX on Aug 11, 2011 13:30:35 GMT -5
if BM is still short they'll drop the futures tonight to give themselves a better cover spot
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Post by elle on Aug 11, 2011 13:42:17 GMT -5
p,bo to speak (sigh) - well, it will be a good indicator if sentiment has changed.
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Post by maxi on Aug 11, 2011 13:45:02 GMT -5
It should be just BS since he is at the Michigan battery plant....
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Post by maxi on Aug 11, 2011 13:52:24 GMT -5
Okay now I am really embarrassed.... blah blah blah blah...... and u guys know I don't make many of these comments... market is ignoring this.. going back up...
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Post by jack on Aug 11, 2011 13:52:52 GMT -5
It should be just BS since he is at the Michigan battery plant.... Again??
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Post by elle on Aug 11, 2011 13:55:09 GMT -5
done a lot of P.Bo long trades, or at least close shorts (to be fair, I have heard traders say market always went up when P.Bu spoke) so market going down on his speaking last couple times was weird. hopefully we'll go back to normal.
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Post by elle on Aug 11, 2011 13:58:06 GMT -5
look iwm, shorts better start thinking
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Post by elle on Aug 11, 2011 14:00:03 GMT -5
still not covering, nerves of steel
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Post by Clinton SPX on Aug 11, 2011 14:01:15 GMT -5
I blame this rally on Obama's lack of leadership
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Post by maxi on Aug 11, 2011 14:03:09 GMT -5
Well I am glad the market liked it. LOOOOKIN good....
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Post by brosin on Aug 11, 2011 14:05:12 GMT -5
FAZ is burning
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Post by Clinton SPX on Aug 11, 2011 14:06:38 GMT -5
I should have bought that bull flag
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Post by elle on Aug 11, 2011 14:09:01 GMT -5
still not thru the ih&s n/l, vix has not really started to drop
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Post by maxi on Aug 11, 2011 14:09:04 GMT -5
Okay I know Europe can blow up overnight again but this is looking much more like a few day run starting.
Especially because I am now really hoping we have another down day!
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Post by jack on Aug 11, 2011 14:10:40 GMT -5
I blame this rally on Obama's lack of leadership He's not mouthing off that's why its a good day.
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Post by elle on Aug 11, 2011 14:13:25 GMT -5
would like to see vxx take out 33 and stay blo
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Post by maxi on Aug 11, 2011 14:14:53 GMT -5
would like to see vxx take out 33 and stay blo Yes that would be preferred. But one could miss an amazing amount of trading waiting for the all clear...
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Post by elle on Aug 11, 2011 14:15:09 GMT -5
funny how volatility works, last time we were here vxx was 30.33
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Post by maxi on Aug 11, 2011 14:16:08 GMT -5
funny how volatility works, last time we were here vxx was 30.33 Last time as in when we were on the way up to here?
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