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Post by Clinton SPX on Mar 7, 2012 10:11:03 GMT -5
here comes C to lend JPM a hand
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Post by jack on Mar 7, 2012 10:21:54 GMT -5
Not much room for the $USD to lose before it (UUP) hits its 50ma(10min)....but I guess it could just cycle around here and still keep the Market happy. The other observation is that the 50ma is on a slant up thereby forcing higher support for the euro as the mins roll by. eEuro up: Market down. At least this is my theory....
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Post by Clinton SPX on Mar 7, 2012 10:24:08 GMT -5
Bloom talking about the greece credit event
I bet the PPT blast the market w buy orders on the day of the event
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Post by Clinton SPX on Mar 7, 2012 10:29:46 GMT -5
would the fins be rallying today if they thought they were going to get hurt by the "credit event"?
I think they know bens loading the bazooka
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Post by Clinton SPX on Mar 7, 2012 10:30:42 GMT -5
crude oil build again
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Post by Clinton SPX on Mar 7, 2012 10:39:15 GMT -5
transports on the move up again slow ass market lets get the squeeze play on
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Post by huh? on Mar 7, 2012 10:49:53 GMT -5
Sold my AAPL long: +79% ;D Exalt for that gain!
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Post by Clinton SPX on Mar 7, 2012 10:51:19 GMT -5
bull flag on JPM Im off to work BBL GL traders
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Post by jack on Mar 7, 2012 10:53:28 GMT -5
Speaking of which somebody dropped a small plastic bottle of KY on the sidewalk outside my house the other day...don't know WHAT this hood is coming to!
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Post by huh? on Mar 7, 2012 10:54:13 GMT -5
bull flag on JPM Im off to work BBL GL traders LOL. I was watching that at the same time. Not a big one, but should get it over resistance.
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Post by jack on Mar 7, 2012 10:57:50 GMT -5
bull flag on JPM Im off to work BBL GL traders And now count 3 candles closing abv the 50ma10m (confirmation? or do they need to close HIGHER...but stochs & Willies are higher than the previous? This whole concept of confirmation is rather confusing to me - anybody care to give us (and me) an education or refer to a webpage? Thx
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Post by jack on Mar 7, 2012 11:06:32 GMT -5
Wow! That latest news about the creditors buying into the latest euro plan made the UUP cut threw that 50ma10m as if it were a hot knife cuttin' thru budda.
Market UP - I command thee!!! It said
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Post by novice08 on Mar 7, 2012 11:11:42 GMT -5
Didja see gold, Jack? I thought I was hallucinating . Ahh, the printing machine is back.
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Post by jack on Mar 7, 2012 11:14:38 GMT -5
Didja see gold, Jack? I thought I was hallucinating . Me likey too Nov!
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Post by jack on Mar 7, 2012 11:34:22 GMT -5
58% of the banks which needed to agree to the Greecey bond swaps...agreed....deadline is tomorrow for the other 42% to eat it by tomorrow.
Problem is we are NOT up 58% of yesterday's +200pt Dow drop yet are we? LOL!!!
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Post by Clinton SPX on Mar 7, 2012 12:09:59 GMT -5
damn I got so much work coming in today Im not going to be posting much in the day time
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Post by elle on Mar 7, 2012 12:10:06 GMT -5
GNI good bellwether stock
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Post by jack on Mar 7, 2012 12:10:23 GMT -5
Now don't everyone speak at once.....the silence around here is making my wife's tinnitis act up.
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Post by Clinton SPX on Mar 7, 2012 12:19:32 GMT -5
Got time for one post Circled is the confirm above the 20 and the 50 doesnt mean it will go straight up but does mean back test should hold and rally up to the 200ma this is ITMS methodology Attachments:
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Post by Clinton SPX on Mar 7, 2012 12:22:28 GMT -5
move that circle down one candle, sorry the little then big green are the confirm then another green after the confirm
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Post by jack on Mar 7, 2012 12:23:42 GMT -5
You're THE BEST Clint!!! Thanks for the answer - Exalt!
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Post by Clinton SPX on Mar 7, 2012 12:24:18 GMT -5
I just updated that now its correct, sorry in a hurry BBL
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Post by jack on Mar 7, 2012 12:31:47 GMT -5
I just updated that now its correct, sorry in a hurry BBL It is? (I see no diff) but thx!!!
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Post by jack on Mar 7, 2012 13:05:32 GMT -5
AAPL just took a dive...musta said something wrong at the conf! LOL!!!
Now in rebound mode
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Post by jack on Mar 7, 2012 13:07:34 GMT -5
AAPL just took a dive...musta said something wrong at the conf! LOL!!! Now in rebound mode SOB filled the gap EXACTLY!!!! This TA chit really does work I guess.
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Post by novice08 on Mar 7, 2012 13:21:21 GMT -5
Re: Clint's spy chart, the 20 also crossed the 50. Hoping this isn't a dead-cat bounce day (with apologies to maxi).
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Post by huh? on Mar 7, 2012 13:58:30 GMT -5
AAPL finally filled the morning opening gap. Let's see if there are any buyers still out there.
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Post by elle on Mar 7, 2012 14:16:15 GMT -5
spy pushing at R line from last Friday
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Post by elle on Mar 7, 2012 14:25:22 GMT -5
only 1st test of line, don't think it can go w/o gather more steam............except for those (to us) random buy programs
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Post by huh? on Mar 7, 2012 14:28:54 GMT -5
I feel like my wife in a purse store: "I gotta buy something!"
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