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Post by Clinton SPX on Mar 28, 2012 9:51:52 GMT -5
HA! bloom pumping QE for april 25th
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Post by jack on Mar 28, 2012 9:59:02 GMT -5
Yeah all we hear for a week now "window dressing window dressing". I'm so sick of this crap sometimes. Bogus information, bogus news, bogus reactions and bogus predictions being used to churn the markets and defraud people out of their money. Mr TopStep รพ @mrtopstep T+3 AND THE WALKAWAY TRADE - t.co/PFcLacoFGood post on "window dressing" and QTR end IMO..................GLTA Okay - I won't say anything more:
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Post by natsalilfly on Mar 28, 2012 10:00:18 GMT -5
Hm, more QE rumors. Well I just sold my TNA to preserve profits (16%), don't like where CAT's going. I hate getting shook out but overall it worked. Things will turnaround now I'm sure!
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Post by jack on Mar 28, 2012 10:07:06 GMT -5
Check out the SPY 10 minute and look at the chart since 3/26:
A reverse "cup and handle"!!!
(Handles on the left hand side - does this mean the opposoite of the classic cup and handle? (Twilight Zone theme song drifting in the background)).
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Post by theMIST on Mar 28, 2012 10:29:25 GMT -5
Jack,
post a chart when u have a chance
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Post by jack on Mar 28, 2012 10:29:42 GMT -5
Market continues to be in lock-step w/ the $USD albeit in reverse fashion:
When the UUP was rising the Market was falling and when the UUP reversed so did the Market.
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Post by theMIST on Mar 28, 2012 10:32:08 GMT -5
TVIX breaks 7.48 and it should run to about 7.70ish
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Post by jack on Mar 28, 2012 10:35:28 GMT -5
Jack, post a chart when u have a chance Here it is, but there really isn't such a thing is there? lol!!! lol!!!
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Post by jack on Mar 28, 2012 10:44:58 GMT -5
....and here we are with the current candle testing the 200MA....I hope you're proud of yerself Clint! Bwahahahahahahaaa! btw Exalt!
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Post by theMIST on Mar 28, 2012 10:46:17 GMT -5
I see a rounded top with a gap to the downside that is about to be filled. Always consult Bulkowski. He's the guru re chart patterns. see Inverted cup and handle at Bulkowski's site www.thepatternsite.com/icup.html
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Post by jack on Mar 28, 2012 10:46:51 GMT -5
Hey wait a minute!!!!! I thought we were just supposed to be testing it - it ran thru it like a hot knife thru budda!!!
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Post by theMIST on Mar 28, 2012 10:48:37 GMT -5
VIX rising fast. My TVIX is taking off!
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Post by PoorHomey on Mar 28, 2012 10:48:55 GMT -5
Okay - I won't say anything more: Speaking of that bear, have you looked at KO today?
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Post by jack on Mar 28, 2012 10:50:29 GMT -5
I see a rounded top with a gap to the downside that is about to be filled. Always consult Bulkowski. He's the guru re chart patterns. see Invested cup and handle at Bulkowski's site www.thepatternsite.com/icup.htmlThanks Rob! Exalt when reloaded - lol!!!!
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Post by jack on Mar 28, 2012 10:53:36 GMT -5
If it bounces up on the gapfill I might start thinking I know something and THAT ain't good.
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Post by rex on Mar 28, 2012 10:54:21 GMT -5
VIX rising fast. My TVIX is taking off! How far will TVIX go here Mist? I'm in UVXY. Do we have another 20% day with short covering/May VIX futures moving up?
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Post by theMIST on Mar 28, 2012 10:54:47 GMT -5
I used to think that it would always fill the gap and then reverse real fast. But that is not the case, it almost always overshoots.
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Post by theMIST on Mar 28, 2012 10:59:43 GMT -5
Sold large chunk of TVIX, will add more as it drops back
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Post by jack on Mar 28, 2012 11:05:29 GMT -5
If it bounces up on the gapfill I might start thinking I know something and THAT ain't good. Wow! It bounced up off the gapfill. My Mom would say "You must be physic!" Bwahahahahahaaaa!!!!!
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Post by theMIST on Mar 28, 2012 11:32:12 GMT -5
sorry Rex -- just saw your post
If S&P breaks 1400, TVIX should run to mid 8's and hit gap resistance (8.69-9.70).
I'm also not too familiar with UVXY other than it usually trades in tandem with TVIX. Been following TVIX very closely but by no means am I an expert on TVIX either.
BTW - I'm monitoring the premium in TVIX very closely. Also, you never know if CS is going to make an announcement which will effect share price.
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Post by theMIST on Mar 28, 2012 11:45:23 GMT -5
BTW - judging by the selloff -- my gut tells me 1400 isn't going to hold but I could be wrong
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Post by Clinton SPX on Mar 28, 2012 11:47:14 GMT -5
JPM bounced off the 200ma10 like its supposed to
UUP flat on the day.hmmmm
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Post by Clinton SPX on Mar 28, 2012 11:48:15 GMT -5
BTW - judging by the selloff -- my gut tells me 1400 isn't going to hold but I could be wrong if this sell off was serious dollar would be spiking IMO
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Post by theMIST on Mar 28, 2012 11:56:52 GMT -5
China news weighing on market
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Post by Clinton SPX on Mar 28, 2012 12:10:32 GMT -5
ya shanghai got crushed last night. But I think they closed on major support line
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Post by Clinton SPX on Mar 28, 2012 12:14:15 GMT -5
earnings start soon next quarter. Keep in mind many companies will have the benefit of a very mild winter and a leap day to boost their earnings.
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Post by theMIST on Mar 28, 2012 12:15:23 GMT -5
YINN taking a hit
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Post by natsalilfly on Mar 28, 2012 12:30:52 GMT -5
earnings start soon next quarter. Keep in mind many companies will have the benefit of a very mild winter and a leap day to boost their earnings. I hear that - these Euro resurfacing fears could be the tool to bring down the markets enough to have some earnings-rally air space - this may last a few days.
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Post by theMIST on Mar 28, 2012 12:31:49 GMT -5
TVIX looks like it wants to light up HOD again
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Post by Clinton SPX on Mar 28, 2012 12:31:57 GMT -5
C is green Yay for Jack
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