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Post by dino on Mar 1, 2012 10:28:56 GMT -5
djt-50 yo-yo again. it had some legs until the ism numbers. now trying to stretch it's legs again.
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Post by Clinton SPX on Mar 1, 2012 10:40:09 GMT -5
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Post by timber on Mar 1, 2012 10:48:12 GMT -5
honestly i have no idea why people go against buffet....he is the richest man in the world and has seen it it all....makes no sense to me You are living in the past if you rely on what someone did way back when............ im relying on what he is doing now and he is bullish on financials...so far he has been correct
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Post by jack on Mar 1, 2012 11:18:48 GMT -5
UUP dropping look out above Die $Dollar Die!!!Muahahahahaaaaaaa!
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Post by ask2lern on Mar 1, 2012 11:29:05 GMT -5
UUP dropping look out above Die $Dollar Die!!!Muahahahahaaaaaaa!It will........no paper currency in the history of the world has lasted more then 100 years........................dollars(FRN) 100th Birthday 12/24/2013....................... ;D Are we there yet? ?......................oh wait where are we going? ......................
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Post by jack on Mar 1, 2012 11:37:21 GMT -5
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Post by walnut on Mar 1, 2012 13:32:55 GMT -5
Even the Bernank feels cynical about our fiscal condition, if not about the dollar in the near term, then surely in the long term.
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Post by dino on Mar 1, 2012 14:18:50 GMT -5
djt-50 yo-yo again. it had some legs until the ism numbers. now trying to stretch it's legs again. So much for the 50 day. lol. Looks like it just reached out and tapped the 20. Just looked - the volume is pretty crappy thus far. I'm very curious to see how this finishes...
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Post by dzech00 on Mar 1, 2012 14:40:59 GMT -5
djt-50 yo-yo again. it had some legs until the ism numbers. now trying to stretch it's legs again. So much for the 50 day. lol. Looks like it just reached out and tapped the 20. Just looked - the volume is pretty crappy thus far. I'm very curious to see how this finishes... Why it will finish up, up, and away of course!
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Post by rex on Mar 1, 2012 14:44:30 GMT -5
Watch the buy programs go crazy any second now. Long FAS, short TVIX for EOD run up scalp!!!
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Post by crumbdon on Mar 1, 2012 14:45:35 GMT -5
So much for the 50 day. lol. Looks like it just reached out and tapped the 20. Just looked - the volume is pretty crappy thus far. I'm very curious to see how this finishes... Why it will finish up, up, and away of course! Yeah, a little false appearance of weakness, a baby headfake to the downside, and then POW!-- sidestep the clutch at redline and blow thru SPY 138 with Mr. Market's shorts on fire!
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Post by dino on Mar 1, 2012 15:05:31 GMT -5
possible right shoulder spy h&s 5 min. now.
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Post by dino on Mar 1, 2012 15:05:54 GMT -5
looks pretty clean
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Post by dino on Mar 1, 2012 15:07:07 GMT -5
neck line 137.69
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Post by dino on Mar 1, 2012 15:07:42 GMT -5
could just be a short vacuum...
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Post by jack on Mar 1, 2012 15:11:54 GMT -5
137.72 also an important previous level now resistance. Here we see a picture of the french resistance NOT to be confused with the above:
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Post by crumbdon on Mar 1, 2012 15:21:05 GMT -5
Oil still rising in AH trades, making Mr. Market a little nervous right now. If it hits 110, look to sell the close. The Hand has some heavy lifting to do into the close.
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Post by jack on Mar 1, 2012 15:23:41 GMT -5
Even the Bernank feels cynical about our fiscal condition, if not about the dollar in the near term, then surely in the long term. Wha? Isn't he the guy we all blame for this $USD destruction? Sure it makes whatever we produce here cheaper overseas and boosts the export market, but at the rate its going I'll never be able to return visit to England and afford some fish and chips and a few pints of bitter!
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Post by huh? on Mar 1, 2012 15:26:48 GMT -5
Even the Bernank feels cynical about our fiscal condition, if not about the dollar in the near term, then surely in the long term. Wha? Isn't he the guy we all blame for this $USD destruction? Sure it makes whatever we produce here cheaper overseas and boosts the export market, but at the rate its going I'll never be able to return visit to England and afford some fish and chips and a few pints of bitter! LOL I think that is the point. They want you to spend your money here and not over there!
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Post by dino on Mar 1, 2012 15:27:24 GMT -5
possible right shoulder spy h&s 5 min. now. that played out. target was 137.39 ish. (sorry - i'm busy as...)
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Post by benvestor on Mar 1, 2012 15:28:32 GMT -5
hrm I just noticed that too.. this could be the neckline test.. hope not tho
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Post by dino on Mar 1, 2012 15:29:32 GMT -5
say what you will, but these downdrafts the past 2 days have way more volume than any melt up waves. just sayin'....
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Post by jack on Mar 1, 2012 15:30:31 GMT -5
Volume still very much sucky on the SPY - only 112M w/ 6hrs trading...has everyone gone on vacation last 2-3mos? Did they board the Ark or something? Where am I?
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Post by dino on Mar 1, 2012 15:31:57 GMT -5
hrm I just noticed that too.. this could be the neckline test.. hope not tho it's done ben. it wasn't a big one, but those two 5 minute sticks had more volume than any other 5 min sticks today excluding that mad flush at 10am...
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Post by jack on Mar 1, 2012 15:35:57 GMT -5
Alright WHO's the village idiot who's buying the euro?
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Post by dino on Mar 1, 2012 15:40:10 GMT -5
poor mvis. now trading at .38 pre-split. at this pace, they'll have to do another reverse split in april.
NOT KIDDING!
4.67 to 3.04 in 8 trading days.
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Post by benvestor on Mar 1, 2012 15:40:39 GMT -5
say what you will, but these downdrafts the past 2 days have way more volume than any melt up waves. just sayin'.... I am in the bear camp right now dino.. thought u were saying inverse head and shoulders.. i dont want to see that play out
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Post by jack on Mar 1, 2012 15:41:53 GMT -5
poor mvis. now trading at .38 pre-split. at this pace, they'll have to do another reverse split in april. NOT KIDDING! 4.67 to 3.04 in 8 trading days. I now think of MVIS as the Edsel of the Electron Age.
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Post by rex on Mar 1, 2012 15:43:54 GMT -5
CNBC reports a major explosion on Suadi Arabia pipeline!!!
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Post by dino on Mar 1, 2012 15:44:29 GMT -5
say what you will, but these downdrafts the past 2 days have way more volume than any melt up waves. just sayin'.... I am in the bear camp right now dino.. thought u were saying inverse head and shoulders.. i dont want to see that play out i change camps like i change my underwear. i don't trust anything so i just play swings anymore. es channel is key for me though. that thing's been like a rock...
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