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Post by jack on Jan 19, 2012 11:17:50 GMT -5
SPX bangin' on its R1 again like a teenager in heat.
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Post by Clinton SPX on Jan 19, 2012 11:21:50 GMT -5
gold having a tough day
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Post by Clinton SPX on Jan 19, 2012 11:23:26 GMT -5
spy 10m stoch stuck above 75 for two days now
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Post by Clinton SPX on Jan 19, 2012 11:28:02 GMT -5
euro just hit 1.29
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Post by jack on Jan 19, 2012 11:30:14 GMT -5
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Post by jack on Jan 19, 2012 11:36:45 GMT -5
Gold down +6 or 0.38% to +1653 constitutes a "tough day"?
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Post by Clinton SPX on Jan 19, 2012 11:43:49 GMT -5
Ya when I see it getting pushed down compared to everything else
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Post by ask2lern on Jan 19, 2012 12:27:54 GMT -5
To the moon Alice...............while today is strong it is not nearly as strong as yesterday................VIX looks like its going to tap the lower BB on the daily and it almost always bounces when that happens................ LONG LIVE THE BULL....................................
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Post by ask2lern on Jan 19, 2012 12:33:19 GMT -5
Ya when I see it getting pushed down compared to everything else Yea makes me wonder......................I think that LTRO is a QE program but because the ECB claims it is sterilizing its purchases it is not being viewed as inflationary and the $$ is flowing into equities..................now as far as gold I would bet anyone that would like that it will hit 2000 this year....................if it fails to do so I will send you 2 ounces.....................if it does you send me 1....................... ;D
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Post by jack on Jan 19, 2012 12:35:17 GMT -5
Add this to that set of trading heuristics thanks A2L:
Market generally moves down when the VIX taps its lower BB on the daily (and bounces up).
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Post by jack on Jan 19, 2012 12:39:49 GMT -5
Ya when I see it getting pushed down compared to everything else Yea makes me wonder......................I think that LTRO is a QE program but because the ECB claims it is sterilizing its purchases it is not being viewed as inflationary and the $$ is flowing into equities..................now as far as gold I would bet anyone that would like that it will hit 2000 this year....................if it fails to do so I will send you 2 ounces.....................if it does you send me 1....................... ;D fwiw ITMS bubbas think gold will crash hard later this year and it will be "a buying opp of a lifetime!!!" Somethings they say I take w/ a grain of....gold pyrite.
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Post by Clinton SPX on Jan 19, 2012 13:39:36 GMT -5
I have noticed PMs taking big drops near end of the quarter but thats probably redemptions kicking in. But buying op of a lifetime I just dont see it.
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Post by ask2lern on Jan 19, 2012 13:44:42 GMT -5
If SPX continues its pace from Jan 3rd it should be at 1450 in 27 trading days....................... just around Feb Opex...............
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Post by ask2lern on Jan 19, 2012 13:52:23 GMT -5
bespokeinvest Bespoke S&P 500 Consumer Discretionary sector just 30 basis points from an all-time high. Yes, that's an all-time high. $$ 6 minutes ago Favorite Retweet Reply
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Post by theMIST on Jan 19, 2012 14:00:19 GMT -5
FAS trying to carve out small H&S. Watching 5 min.
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Post by rex on Jan 19, 2012 14:04:01 GMT -5
FAS trying to carve out smal H&S. Watching 5 min. i H&S you mean!!! We'll see.
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Post by theMIST on Jan 19, 2012 14:06:52 GMT -5
If it does carve out a small H&S, it will probably be a continuation move. LOL
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Post by ask2lern on Jan 19, 2012 14:15:44 GMT -5
SPY has traded in a .30 range since 11:00.................burn that premium.........................ZZZZZZZZZZZZZZZZZZzz
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Post by theMIST on Jan 19, 2012 14:43:02 GMT -5
And there it is....and we are slightly below the neckline
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Post by ask2lern on Jan 19, 2012 14:46:39 GMT -5
VIX making a move to get back over 20................
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Post by elle on Jan 19, 2012 15:11:52 GMT -5
hi guys, market such a yawn after 1st couple hours
starting ppsn short the Q's
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Post by jack on Jan 19, 2012 15:23:08 GMT -5
Man - if we close above SPX's R1 I gotta think "THAT's the cat's meow!"
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Post by jack on Jan 19, 2012 15:23:50 GMT -5
Hell! If we close above YESTERDAY's close its THAT too!!!
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Post by jack on Jan 19, 2012 15:59:32 GMT -5
C'mon R1 on the SPX!!!
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