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Post by Cosmic on Jul 27, 2010 18:52:45 GMT -5
With Green Arrow continuing to confirm, and today's pullback being one of the most modest in recent times, I expect further pullback in the morning and then a buy the dip.
Again, should 1100 not hold you should sell at the stop. You cannot re-enter the trade until 1101 holds on close.
Baby Bull, after a nasty morning.
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Post by demanuel2001 on Jul 27, 2010 19:00:17 GMT -5
Gonna keep voting bull until I see something disturbing on the down side
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Post by Clinton SPX on Jul 27, 2010 19:14:28 GMT -5
Watch that neckline on the Euro. If it breaks Im a big bear if not baby bull.
Euro flat Im still a bear
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Post by PoorHomey on Jul 27, 2010 19:23:04 GMT -5
Machines are getting hungry....   |
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Post by givememilion on Jul 27, 2010 19:30:53 GMT -5
99% confused............ 10% says mega bull for tomorrow .. I see VIX going down further and its clearcut indicator that we are moving up on the indexes.. Everybody is expecting a big move...... either upside or downside. tell me what will take us down or tell me what will take it up..
Look at VXX it appears guys have got call as well as put options so 200+ points rally or 200 + points dump................... flip a coin
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Post by maxi on Jul 27, 2010 19:59:51 GMT -5
Baby Bull
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Post by jack on Jul 27, 2010 20:04:16 GMT -5
...but then...if she/he was an "honor student" she/he should have gotten a full-tuition scholarship thereby making the need for a college fund moot...
lol!
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Post by jack on Jul 27, 2010 20:09:06 GMT -5
Baby bull
Impressive lack of bearish action today
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Post by Rich on Jul 27, 2010 20:21:30 GMT -5
Cos, you are so right on the money here, I may not even think. I'll just follow your advice  Bull. |
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Post by cosmic on Jul 27, 2010 21:21:32 GMT -5
99% confused............ 10% says mega bull for tomorrow .. I see VIX going down further and its clearcut indicator that we are moving up on the indexes.. Everybody is expecting a big move...... either upside or downside. tell me what will take us down or tell me what will take it up.. Look at VXX it appears guys have got call as well as put options so 200+ points rally or 200 + points dump................... flip a coin As the Vix goes down, the machines are forced to buy. They have no choice. What is taking the Vix down? No European country has fiscally blown itself up since the Europe Bank Stress Tests. |
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Post by torrentio1 on Jul 27, 2010 21:22:35 GMT -5
BIG BULL
No bear sightings...
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Ras
Commodities Trader
Posts: 239
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Post by Ras on Jul 27, 2010 21:45:39 GMT -5
Bear
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Post by blueskies on Jul 27, 2010 21:53:30 GMT -5
doji on INDU
i'm in the baby bear camp tomorrow.
blue
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Post by brosin on Jul 27, 2010 22:36:31 GMT -5
Thought today would start a move into the 1090s before moving towards the 1131 6/21/10 high. Maybe it did, but I thought it would be a fierce move to really give the doubters extra conviction. Maybe we get a big red candle tomorrow.
Bear
10 sessions left until FOMC meeting is over Aug 10 - we should top out very near it. Assuming we head to spx 1090s, we'll need another 4% in 8-9 sessions to get over 1131 before Aug 10. So that wouldn't be too difficult. To me it will be a major red flag if we were to make a 2nd lower high at FOMC meetings, so I have my eye on it. But I really think we will be going much higher from here and that we will still hit 1221 in 2010.
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Post by bellevuetrader on Jul 28, 2010 1:36:42 GMT -5
Let's try this again.....Super Torrentio Bull Tomorrow! Boooyahhhhh! tehehehee
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tfkness
Commodities Trader
Posts: 107
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Post by tfkness on Jul 28, 2010 2:43:33 GMT -5
Baby bear - watch for the Durable Goods Report at 8:30
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sowolf
Broker/Dealer
Posts: 439
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Post by sowolf on Jul 28, 2010 3:29:30 GMT -5
Bear tomorrow, although like I said yeaterday... More likely flat for another day or two before starting the decent to 1000 or less. Good luck everyone.
sowolf-
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Post by ask2lern on Jul 28, 2010 6:22:08 GMT -5
I vote bear........................but really not all that sure eitherway ;D....................GLTA
I wonder if durable goods comes in good we go down and if bad we go up? This market is Sofa King we Todd Did!!!!
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Post by cosmic on Jul 28, 2010 7:18:17 GMT -5
lol
9-8 today, pretty even, Green Arrow has a chance.
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