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Post by Clinton SPX on Feb 15, 2012 10:44:46 GMT -5
people driving more is a bullish sign that cant be faked
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Post by crumbdon on Feb 15, 2012 11:09:17 GMT -5
I'm waiting to see if Fins will roll over............might try FAZ for a scalp, but they are still holding for now............... So....this morning's pop in the fins was a headfake. They've given up their relative strength quickly the last hour (disclosure- long a FAZ scalp since an hour ago!). Yesterday the banks were very weak too. In fact, BAC barely even budged off its LOD during that furious 30-min rally at the close. All this coupled with the Euro's weird behavior leads me to believe something ugly comes out of Europe the next few days, or at least- the fear is there that it might. I wouldn't be surprised to see us return to good cop/bad cop with Europe news for awhile, just so we can shake the tree good and hard way up here. (hmmm... trailing stop just took out my faz. will look for re-entry. maybe.) GL all! |
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Post by Clinton SPX on Feb 15, 2012 11:09:25 GMT -5
dull market
most EU banks green
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Post by dzech00 on Feb 15, 2012 11:12:21 GMT -5
people driving more is a bullish sign that cant be faked Maybe, you would think people driving more are going out to eat more, shopping more, etc. But we don't really know what they are doing, JMO.  |
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Post by rex on Feb 15, 2012 11:16:02 GMT -5
Fins flat top for the past 9 trading days. Flat tops produce market drops, Oscar says!!!
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Post by Clinton SPX on Feb 15, 2012 11:40:24 GMT -5
people driving more is a bullish sign that cant be faked Maybe, you would think people driving more are going out to eat more, shopping more, etc. But we don't really know what they are doing, JMO. Broke people sit home. |
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Post by Clinton SPX on Feb 15, 2012 11:41:08 GMT -5
Gotta run myself.
BBL
GL Traders
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Post by herceg1967 on Feb 15, 2012 11:42:20 GMT -5
Missed FAZ but still watching.............VIX has been gone up while SPX has been flat the last few days.........something is brewing IMO..........
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Post by herceg1967 on Feb 15, 2012 11:43:26 GMT -5
people driving more is a bullish sign that cant be faked I heard the opposite that fewer people are driving...............wait till gas goes up to $5, that will definitely slow it down even more........ |
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Post by dzech00 on Feb 15, 2012 12:32:38 GMT -5
Maybe, you would think people driving more are going out to eat more, shopping more, etc. But we don't really know what they are doing, JMO. Broke people sit home. Not if they have a credit card.  |
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Post by exabi on Feb 15, 2012 12:33:03 GMT -5
Somebody hit the sell button on AAPL
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Post by crumbdon on Feb 15, 2012 12:44:48 GMT -5
Bank fluffers better step back into BAC quick. I don't think GS can hold it up all alone. Wait--what's that? Oh, you're right. It's NOT 3:30 yet. Sorry, my bad.  |
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Post by huh? on Feb 15, 2012 12:48:49 GMT -5
Bank fluffers better step back into BAC quick. I don't think GS can hold it up all alone. Wait--what's that? Oh, you're right. It's NOT 3:30 yet. Sorry, my bad. LOL - 3:40 crumbdon ... it's 3:40. |
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Post by crumbdon on Feb 15, 2012 12:54:46 GMT -5
Bank fluffers better step back into BAC quick. I don't think GS can hold it up all alone. Wait--what's that? Oh, you're right. It's NOT 3:30 yet. Sorry, my bad. LOL - 3:40 crumbdon ... it's 3:40. Yeah, timing is everything, eh? I should learn that from my botched trades! (Though I must say I've been extremely lucky today with 2 FAZ scalps, still holding the second one. Hey, you can't lose them all, right?) |
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Post by dzech00 on Feb 15, 2012 12:56:12 GMT -5
Ok, this is about the time when TVIX makes huge gains and then gives them all back in a matter of minutes.
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Post by crumbdon on Feb 15, 2012 13:01:56 GMT -5
Somebody hit the sell button on AAPL Check out BAC too. (and FAS, lol!) |
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Post by exabi on Feb 15, 2012 13:04:14 GMT -5
Somebody hit the sell button on AAPL Chatter of a QQQ rebalance affecting AAPL |
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Post by novice08 on Feb 15, 2012 13:09:59 GMT -5
FOMC minutes coming up at 2...
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Post by cosmic on Feb 15, 2012 13:17:36 GMT -5
Fall in Apple shares seems related to Rumor being fanned by ZeroHedge that QQQ will rebalance. Last time Apple fell 7% in the after a rebalance.
Just saw it flash by on TOS you can find it on the AAPL ticker lightbulb
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Post by cosmic on Feb 15, 2012 13:18:24 GMT -5
Ahhhh it got Tweeterededed
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Post by Clinton SPX on Feb 15, 2012 13:34:20 GMT -5
great, 10m bear flag on spy
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Post by Clinton SPX on Feb 15, 2012 13:37:25 GMT -5
F'er better fail
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Post by Clinton SPX on Feb 15, 2012 13:52:39 GMT -5
Ha, cant get below the 200m10
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Post by crumbdon on Feb 15, 2012 14:00:22 GMT -5
Ha, cant get below the 200m10 Everybody gettin on the bus early today. Don't wanna miss that EOD rally this time, lol. Hopefully FOMC notes don't crap the bed. |
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Post by Clinton SPX on Feb 15, 2012 14:07:02 GMT -5
Did the vix just flash crash about 10 min ago
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Post by Clinton SPX on Feb 15, 2012 14:07:56 GMT -5
ah i forgot about the minutes
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Post by dzech00 on Feb 15, 2012 14:09:50 GMT -5
Wow, yes I am showing it dropped from over 21 to the mid 19's. A glitch in the matrix?
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Post by Clinton SPX on Feb 15, 2012 14:11:04 GMT -5
FOMC Minutes: "More Bond Buying May Be Necessary"
Submitted by Tyler Durden on 02/15/2012 - 14:04
Bond headlines Monetary Policy recovery Unemployment
Some of the key headlines from the just released FOMC minutes via Bloomberg, which however don't show anything out of the ordinary:
A FEW FED OFFICIALS SAID MORE BOND BUYING MAY BECOME NECESSARY. So (1-Few) did not see it as necessary
FOMC PARTICIPANTS SAW `GRADUAL’ IMPROVEMENT IN LABOR MARKET
FOMC OFFICIALS SAW `MODERATE’ IMPROVEMENT IN HOUSEHOLD SPENDING
FOMC PARTICIPANTS SAW `DEPRESSED’ HOUSING SECTOR
FOMC OFFICIALS SAID GLOBAL FINANCIAL STRAINS POSED BIG RISKS
FOMC PARTICIPANTS FORECAST INFLATION WOULD REMAIN `SUBDUED’
SOME FED OFFICIALS FAVORED QE IF INFLATION FALLS, GROWTH SLOWS
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Post by Clinton SPX on Feb 15, 2012 14:12:27 GMT -5
so, whats in these minutes to make anyone buy or sell?
Im missing it
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Post by Clinton SPX on Feb 15, 2012 14:12:54 GMT -5
this is a water is wet statement
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