PPDT - 10/03/2011 Monday - PP-XLF = 11.91

[ask2lern]

Good Morning Gang
Here are the pivots……….…hope everyone has a great day ……GLTA


GOLD


R3 1676.60
R2 1649.20
R1 1637.50

PP 1621.80

S1 1610.10
S2 1594.40
S3 1567.00


SILVER

R3 32.41
R2 31.26
R1 30.67

PP 30.11

S1 29.52
S2 28.96
S3 27.81


IWM

R3 68.79
R2 66.85
R1 65.57

PP 64.91

S1 63.63
S2 62.97
S3 61.03




TNA

R3 40.21
R2 37.12
R1 35.06

PP 34.03

S1 31.97
S2 30.94
S3 27.85



TZA

R3 60.10
R2 55.87
R1 54.42

PP 51.64

S1 50.19
S2 47.41
S3 43.18


SDS

R3 27.14
R2 26.16
R1 25.82

PP 25.18

S1 24.84
S2 24.20
S3 23.22


SSO

R3 41.80
R2 40.14
R1 39.05

PP 38.48

S1 37.39
S2 36.82
S3 35.16

…………………………..GLTA

[ask2lern]

From www.optionmonster.com .......................GLTA

Indexes fall below major support levels

The indexes suffered a dramatic reversal on Friday, sending each down through major support levels. As a result, levels have changed significantly for today, with the exception of the Russell 2000.

For the Nasdaq 100, first support is at 2112.84, then at 2082.04, and 2034.92. First resistance is at 2139.58, then at 2151.18, and 2212.84.

In the case of the S&P 500, support is at 1121.09, then at 1114.52, and 1101.54, the year-to-date low. Resistance is at 1135.91, then at 1150.70, and 1162.01, its 10-day moving average.

The Russell 2000 has support at 634.71, at 624.52, which would be a fresh 52-week low, and then at 611.66. Resistance is at 665.74, its 10-day moving average, then at 701.55. The Russell tends to exhibit greater volatility, so we need to give it more latitude.

[ask2lern]

From www.optionmonster.com ..................GLTA

Cars, manufacturing, building data on tap

The schedule of economic reports will be heavy this week, ending an emphasis on labor numbers. Today's calendar includes auto sales, manufacturing data, and construction spending.

Motor Vehicle Sales has no fixed timetable, as each company reports its own results. Typically the process begins before noon ET and continues through the early afternoon. Shares of Ford, General Motors, Toyota, and Honda Motor may be active on the news.

At 10 a.m. ET The ISM Manufacturing Index will be reported. Consensus calls for a small drop to 50.5 from last month's 50.6. Estimates range from a bearish 49, indicating contraction, to a bullish 52.

Construction Spending comes out at 10 a.m. ET as well. The consensus calls for a drop in spending of -0.3 percent from last month's reading. Expectations range from a bearish -1 percent to a bullish 0.5 percent.

[Clinton SPX]

Chrysler's September Sales Rose 27%

[kryptos2009]

Good Morning Gang!!

Here is the PP Daily Thread (PPDT) data.

XLF PP=11.91
MP=11.96 R1=12.01 MP=12.12 R2=12.22 MP=12.37 R3=12.53 MP=12.68 R4=12.84
MP=11.81 S1=11.70 MP=11.65 S2=11.60 MP=11.44 S3=11.29 MP=11.13 S4=10.98
O=12.02 H=12.11 L=11.8 C=11.81

FAS PP=10.86
MP=11.00 R1=11.13 MP=11.38 R2=11.63 MP=12.02 R3=12.40 MP=12.79 R4=13.17
MP=10.61 S1=10.36 MP=10.23 S2=10.09 MP=9.71 S3=9.32 MP=8.94 S4=8.55
O=11.13 H=11.37 L=10.6 C=10.62

FAZ PP=64.74
MP=66.05 R1=67.35 MP=68.04 R2=68.72 MP=70.71 R3=72.70 MP=74.69 R4=76.68
MP=64.06 S1=63.37 MP=62.07 S2=60.76 MP=58.77 S3=56.78 MP=54.79 S4=52.80
O=63.42 H=66.12 L=62.14 C=65.97

SPY PP=113.89
MP=114.30 R1=114.71 MP=115.49 R2=116.27 MP=117.46 R3=118.65 MP=119.84 R4=121.03
MP=113.11 S1=112.33 MP=111.92 S2=111.51 MP=110.32 S3=109.13 MP=107.94 S4=106.75
O=114.45 H=115.45 L=113.07 C=113.15

SPG PP=111.11
MP=111.69 R1=112.27 MP=113.42 R2=114.57 MP=116.30 R3=118.03 MP=119.76 R4=121.49
MP=109.96 S1=108.81 MP=108.23 S2=107.65 MP=105.92 S3=104.19 MP=102.46 S4=100.73
O=111.19 H=113.4 L=109.94 C=109.98

GS PP=95.80
MP=96.48 R1=97.15 MP=98.45 R2=99.74 MP=101.71 R3=103.68 MP=105.65 R4=107.62
MP=94.51 S1=93.21 MP=92.54 S2=91.86 MP=89.89 S3=87.92 MP=85.95 S4=83.98
O=98.28 H=98.4 L=94.46 C=94.55

JPM PP=30.39
MP=30.54 R1=30.68 MP=30.96 R2=31.23 MP=31.65 R3=32.07 MP=32.49 R4=32.91
MP=30.12 S1=29.84 MP=29.70 S2=29.55 MP=29.13 S3=28.71 MP=28.29 S4=27.87
O=30.74 H=30.95 L=30.11 C=30.12

MS PP=13.83
MP=14.00 R1=14.16 MP=14.49 R2=14.82 MP=15.31 R3=15.81 MP=16.30 R4=16.80
MP=13.50 S1=13.17 MP=13.01 S2=12.84 MP=12.34 S3=11.85 MP=11.35 S4=10.86
O=14.42 H=14.48 L=13.49 C=13.51

C PP=25.91
MP=26.06 R1=26.21 MP=26.51 R2=26.80 MP=27.25 R3=27.69 MP=28.14 R4=28.58
MP=25.62 S1=25.32 MP=25.17 S2=25.02 MP=24.58 S3=24.13 MP=23.69 S4=23.24
O=26.26 H=26.5 L=25.61 C=25.62

VIX PP=41.94
MP=42.98 R1=44.01 MP=44.53 R2=45.05 MP=46.61 R3=48.16 MP=49.72 R4=51.27
MP=41.42 S1=40.90 MP=39.87 S2=38.83 MP=37.28 S3=35.72 MP=34.17 S4=32.61
O=40.93 H=42.99 L=39.88 C=42.96

UUP PP=22.28
MP=22.32 R1=22.35 MP=22.38 R2=22.40 MP=22.46 R3=22.52 MP=22.58 R4=22.64
MP=22.26 S1=22.23 MP=22.20 S2=22.16 MP=22.10 S3=22.04 MP=21.98 S4=21.92
O=22.27 H=22.32 L=22.2 C=22.31

FROM: www.econoday.com

Economic Events & Analysis - 10/03/2011 Monday


Motor Vehicle Sales

10:00 AM ET ISM Mfg Index
10:00 AM ET Construction Spending
11:00 AM ET 4-Week Bill Announcement
11:30 AM ET 3-Month Bill Auction
11:30 AM ET 6-Month Bill Auction
6:00 PM ET Jeffrey M. Lacker Speaks


Additional World wide Economic Calendar information can be found at the following website.
worldeconomiccalendar.com/

NOTE:
The previous days OHLC data for todays PPDT was gathered from finance.yahoo.com for each individual stock by a series of webquerys built into a spreadsheet.
The formulas used by the www.mypivots.com website to create the Pivot Points were found in the sites help files.
The formulas were built into the spreadsheet which acts on the previous days OHLC data gathered from Yahoo.
The Pivot Points were created using the formulas from www.mypivots.com but NOT by using the site.
Please let me know if you find any errors in the data.
Use of this data is at your own risk.

[Clinton SPX]

TZA in 50.37 out 54.40

[crumbdon]

Big banks trying to go green. MS up 3.5%.
Figures.

[Clinton SPX]

I think the stochs need to reset so Im gonna stay out of the 3x bears till they do

[Clinton SPX]

come on bulls buy this market up

[rex]

Const spending up, ISM better than expected.

[herceg1967]

Oct 3, 2011 9:01:53 GMT -5 Clinton SPX said:

come on bulls buy this market up

I know, I'm looking for more shorts................

JMO and BOL.........

[Clinton SPX]

shorted some 1X

[Clinton SPX]

gap filled on spy

[Clinton SPX]

hmm i should have waited on that short

[rex]

Alright, who fixed the world again?

[Clinton SPX]

long SQQQ

[Clinton SPX]

i think we sell the rest of the day lead by the nasdaq

[Clinton SPX]

wheres commod?, i want to hear from my brother bear

[im2buzzi]

Lately we have been following European markets. If they're down, we're down. If they're up, we're up.

[mihai]

Nice play Clint. I should've jumped in EK for a quick 10% but I guess now I'm back to watching TZA. Looking to get in at 51 (SNP~1140). I still think we see SNP another high today low 1140s and end baby bull then smash tomorrow

EDIT: scratch the 1140, wishful thinking, we may get another 1135 before 2 pm but that's as far as we go methinks

[Clinton SPX]

Jpm printing a big red 10

[exabi]

Quick scalp on TZA 52.20 > 53.66 (trailing stop hit)

[elle]

haven't given up on some upside today............yet............buy ind somewhere around 1:30 giving it til 2:30, just sayin

[Clinton SPX]

Here comes the flush, i give it 20 min tops

[Rich]

the rut and djt not looking good.

iyr either. Euro, very bad.

spx has held up fairly well, considering

[Rich]

uh-oh

[Rich]

red rover

red rover

send the spx

right over

[Rich]

1120 is a brick freaking wall

[Rich]

when I fell asleep last night Europe was red over 2%.

We should have more to fall

[Clinton SPX]

I hitched my wagon to the slow bear today SQQQ :/