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Post by ask2lern on Nov 15, 2011 13:31:46 GMT -5
I am not a big fan of Liesman (Lies man) but got to agree with him on this..............can that really be what is driving this market today........... steveliesman steve liesman We Will Get Fooled Again. Bar seems ridiculously low for stock rallies on pos. Euro news like Monti forming govt. 8 minutes ago Favorite Retweet Reply
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Post by crumbdon on Nov 15, 2011 13:51:23 GMT -5
One concern I have about today's rally is the relative lack of participation by the big banks (except for BAC). Though their strength has improved somewhat as the day has progressed, most still act reluctant to run. Historically, market runs have upside limited w/o the fins on board. IF we had done a solid bounce off of 1240, and IF the fins had better relative strength, I'd want to join this on the long side. I just don't trust it yet. Feels more like OPEX shenanigans starting early in the week to me. But for the sake of the longs on this board, I hope I'm wrong. GL all! Of course, as soon as I finish the post, the banks come around, lol! BOTS READ FASTOPIA!! ;D
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Post by natsalilfly on Nov 15, 2011 13:54:39 GMT -5
One concern I have about today's rally is the relative lack of participation by the big banks (except for BAC). Though their strength has improved somewhat as the day has progressed, most still act reluctant to run. Historically, market runs have upside limited w/o the fins on board. IF we had done a solid bounce off of 1240, and IF the fins had better relative strength, I'd want to join this on the long side. I just don't trust it yet. Feels more like OPEX shenanigans starting early in the week to me. But for the sake of the longs on this board, I hope I'm wrong. GL all! I agree Fins are risky, but if you're not on board when the train leaves the station, getting on requires super hero feats, a la Mission Impossible. I'll take the ride at the station stop, even if the final destination is questionable.
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Post by ask2lern on Nov 15, 2011 14:01:07 GMT -5
stkfulano Mike Ricci FAZmoibile ejecting passengers 500 feet into the air, creating one final sensational moment before they become roadkill cc/ @the_real_fly 25 minutes ago Favorite Retweet Reply Retweeted by @the_Real_Fly
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Post by ask2lern on Nov 15, 2011 14:03:51 GMT -5
They keep talking about "chase for performance" if I had someone managing my money and they are just now getting me in the mkt I would fire them.......................
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Post by ask2lern on Nov 15, 2011 14:40:32 GMT -5
We need to bust through SPY 126.33 on volume and we retest HOD............if not I look for 126.06 to hold IMO.....................
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Post by ask2lern on Nov 15, 2011 15:09:15 GMT -5
Weeeeeeeeeeeeeeeeeee......................well that was fun I got to go.................have a good eve all...................
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Post by Clinton SPX on Nov 15, 2011 15:25:33 GMT -5
Bullish engulf on spy daily
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Post by elle on Nov 15, 2011 16:29:37 GMT -5
Yah, not sure waht the purpose of sell eod was except it's opex and maybe to mislead about tomorrow, but we did break out, back test and hold thru eod.
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Post by elle on Nov 15, 2011 16:32:57 GMT -5
I did short some KOG in sympathy with chevron
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Post by rex on Nov 15, 2011 17:04:00 GMT -5
Whipsaw Wednesday tomorrow!! Strap in good!
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