|
Post by Cosmic on Sept 26, 2010 16:42:17 GMT -5
I haven't reviewed Friday's moves at all, so I have to admit to flying somewhat blind for the poll for Monday.
Baby bull?
|
|
|
Post by demanuel2001 on Sept 26, 2010 17:03:18 GMT -5
Even if I weren't pledged to vote QuadBull until we see a 200 point down day, Friday was so convincing that it has to have legs into this week.
|
|
|
Post by Rich on Sept 26, 2010 17:06:33 GMT -5
Bull seems to be a safe call.
That drop below 1131 had me reeling.
Those guys are good.
I hate em.
|
|
|
Post by demanuel2001 on Sept 26, 2010 17:18:44 GMT -5
S&P futures already opened up strong +5 S&P points
|
|
|
Post by Rothschild on Sept 26, 2010 17:31:07 GMT -5
I am at 100% cash but I am voting bull in anticpation of mutual fund monday. Man, we are overbought. I havent seen it this bad since nasdaq 1999. They have a plan no doubt. Maybe it rallies til the elections to 1250s I dunno. Cant short and cant go long right now. Like that songs says " with or without you; I cant live-with or without you.
|
|
|
Post by exabi on Sept 26, 2010 17:32:35 GMT -5
baby bull
|
|
|
Post by deadmoney95 on Sept 26, 2010 17:40:13 GMT -5
|
|
|
Post by natsalilfly on Sept 26, 2010 18:00:39 GMT -5
Bull. (I now realize my vote counts if I hit the "submit vote" button. duh.)
DeRoth what indicator are you looking at to say we are that overbought? Looking at a 5 year chart I see consolidation in momentum and MACD, with the best chance of popping over the 200MA since we crashed through it in July 2008. We are sensitive to economic factors and news, but a continuation looks good after last week's pull back and Friday's breakout.
|
|
|
Post by Rothschild on Sept 26, 2010 18:09:13 GMT -5
Bull. (I now realize my vote counts if I hit the "submit vote" button. duh.) DeRoth what indicator are you looking at to say we are that overbought? Looking at a 5 year chart I see consolidation in momentum and MACD, with the best chance of popping over the 200MA since we crashed through it in July 2008. We are sensitive to economic factors and news, but a continuation looks good after last week's pull back and Friday's breakout. Nat, Sure on a 5yr chart, it looks like a cup n handle but since 3-2009 to now we are up like 68.7% from the snp low of 666. Im not religious or nothin like that but GD snp @666? Ya think somebody is tryin to tell us somethin??? Or at the very least take a gander at a 60 min chart, I havent seen this kind of action in a long time. lets see what the euro does this week, 137.50s and fail should send it to test 131s imo. Dollar real weak right now everyone thinks Bennie is gonna print more $$$$ like the Weimar republic.
|
|
|
Post by puurfectten on Sept 26, 2010 18:14:50 GMT -5
|
|
|
Post by natsalilfly on Sept 26, 2010 19:03:53 GMT -5
Bull. (I now realize my vote counts if I hit the "submit vote" button. duh.) DeRoth what indicator are you looking at to say we are that overbought? Looking at a 5 year chart I see consolidation in momentum and MACD, with the best chance of popping over the 200MA since we crashed through it in July 2008. We are sensitive to economic factors and news, but a continuation looks good after last week's pull back and Friday's breakout. Nat, Sure on a 5yr chart, it looks like a cup n handle but since 3-2009 to now we are up like 68.7% from the snp low of 666. Im not religious or nothin like that but GD snp @666? Ya think somebody is tryin to tell us somethin??? Or at the very least take a gander at a 60 min chart, I havent seen this kind of action in a long time. lets see what the euro does this week, 137.50s and fail should send it to test 131s imo. Dollar real weak right now everyone thinks Bennie is gonna print more $$$$ like the Weimar republic. 666? That was a statement of the obvious, we all knew the devil was in the markets anyway. For 9 out of the past 10 days the MACD has been above 0. That is unusually hot, but it looks like that is exactly what may propel us out of the summer trading zone. I did expect more of a pullback, a real tag of the MAs on a 6 month chart, but 3 down days is enough - it looks like a "rising three methods" candlestick pattern stockcharts.com/school/doku.php?id=chart_school:chart_analysis:candlestick_pattern_#risingthreemethods which is a bullish continuation. Anything can happen, we're very susceptible to adverse news & reports - and yes they are out to get us. It is a treacherous game.
|
|
|
Post by natsalilfly on Sept 26, 2010 19:05:26 GMT -5
I meant 9 out of the last 10 days on the hourly chart...
|
|
|
Post by Rich on Sept 26, 2010 19:39:42 GMT -5
"Has anybody seen Commoditypro? How about Sowolf? They promised me a feast!" "And that Purrfecten, all he ever does is smile behind those sunglasses!"
|
|
|
Post by maxi on Sept 26, 2010 19:43:38 GMT -5
Baby Bull
|
|
|
Post by theMIST on Sept 26, 2010 20:50:33 GMT -5
Big Bull moves coming this week! Friday was just the start. Mark this post!
|
|
|
Post by Clinton SPX on Sept 26, 2010 21:20:08 GMT -5
So if gaps get filled 90% of the time. Im a bear
|
|
|
Post by benvestor on Sept 26, 2010 21:31:58 GMT -5
Nat, Sure on a 5yr chart, it looks like a cup n handle but since 3-2009 to now we are up like 68.7% from the snp low of 666. Im not religious or nothin like that but GD snp @666? Ya think somebody is tryin to tell us somethin??? Or at the very least take a gander at a 60 min chart, I havent seen this kind of action in a long time. lets see what the euro does this week, 137.50s and fail should send it to test 131s imo. Dollar real weak right now everyone thinks Bennie is gonna print more $$$$ like the Weimar republic. 666? That was a statement of the obvious, we all knew the devil was in the markets anyway. For 9 out of the past 10 days the MACD has been above 0. That is unusually hot, but it looks like that is exactly what may propel us out of the summer trading zone. I did expect more of a pullback, a real tag of the MAs on a 6 month chart, but 3 down days is enough - it looks like a "rising three methods" candlestick pattern stockcharts.com/school/doku.php?id=chart_school:chart_analysis:candlestick_pattern_#risingthreemethods which is a bullish continuation. Anything can happen, we're very susceptible to adverse news & reports - and yes they are out to get us. It is a treacherous game. that last line is hilarious nats
|
|
|
Post by bellevuetrader on Sept 26, 2010 22:27:05 GMT -5
I voted Bull...but only to make sure the poll was really lopsided! I think we fill the gaps by middle of Oct and then head up after earnings!
|
|
|
Post by jack on Sept 26, 2010 22:33:51 GMT -5
Baby Bull...no sense in being so irrationally exuberant amidst all the exuberales.
|
|
|
Post by Clinton SPX on Sept 26, 2010 22:55:17 GMT -5
Damn only 2 bears, robots will eat that shit up.
|
|
|
Post by benvestor on Sept 27, 2010 0:20:47 GMT -5
Going with the obvious call
Big ol' Bull
Heard something about the fund managers buy orders still going through.. alot of important news this week, so Up up and away... its like the charts are stacking Swiss cheese.. I want some
|
|
|
Post by ask2lern on Sept 27, 2010 6:28:54 GMT -5
lopsided poll.................Bear for Monday....................GLTA
|
|
|
Post by brosin on Sept 27, 2010 8:23:34 GMT -5
I still stick with my projection on Friday that this was not going to be one of the easy mutual fund Mondays. Futures seem to be weaker than they opened yesterday too.
Going baby bear again - Friday it worked just great!!
|
|
|
Post by bellevuetrader on Sept 27, 2010 14:42:08 GMT -5
Ahhh yes.....my vote is working out according to plan! Gotta love it. Im thinkin the bots are watching FAStopia.
|
|
|
Post by brosin on Sept 27, 2010 14:55:26 GMT -5
lol yep I'm sure their main program is to clean out the 50 people that actively post here
|
|