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Post by Cosmic on Aug 8, 2010 17:42:03 GMT -5
Not sure for tomorrow, Green Arrow is still green, but the sequential count is still not confirming even after that nice candle from Friday. I have to still think 'buy the dips' is in play, but limited to 1-2% moves.
It appears the impulse moves down on Friday were stopped, so we saw the bulls twice stave off a bear attack.
Baby bull.
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Post by demanuel2001 on Aug 8, 2010 18:13:00 GMT -5
We came back strong on Friday after the initial dip - haven't peeked at futures or Asia yet - but no surprise here BULL.
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Post by deadmoney95 on Aug 8, 2010 18:25:32 GMT -5
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Post by Rothschild on Aug 8, 2010 18:36:34 GMT -5
Bull bias before the fed meeting. If bernanke doesnt announce QE Part Deux, look out below because I think the market is expecting more stimulas. baby bull
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oldcicer
Margin Account Trader
Posts: 41
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Post by oldcicer on Aug 8, 2010 19:51:44 GMT -5
Baby Bull................ Based on the gappers doom and gloom on the old FAS board.. gotta go the opposite
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Hawk
Pit Trader
Posts: 52
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Post by Hawk on Aug 8, 2010 19:57:57 GMT -5
Baby bull and bullish till tuesday....Just to deteriorate the Puts, and after tuesday fed till friday bearish...looking for 1070 ....Stay Thirsty My Friends
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Post by blueskies on Aug 8, 2010 20:31:44 GMT -5
Hard tellin'... waiting to see if we clear 1130ish and stay there. More stimulus is not going to be a good thing for the economy. Anyone who doesn't see this will be buying, and wondering why they did I think. My bearish scenario is possibly a move in the morning to 1130, get rejected and head down towards the 50 MA (probably not all in one move but ya never know), where we will bounce a little. After than I dunno... Baby bear tomorrow for blue. GL to all!
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Post by blueskies on Aug 8, 2010 20:34:25 GMT -5
okay, if I am the only baby bear, and everyone else is bullish... who voted full out bear? Am I not seeing someone?
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Post by jack on Aug 8, 2010 20:40:54 GMT -5
Bull
August is statistically a good month for the Market...the fact that it didn't do all that well friday was merely due to an embolism which almost cleared or was that just some bad gas(?)
...dunno about y'all but I firmly believe in "Poopy Market Theory"....problem is that its constipated lately - somebody feed it some Ex-Lax.
: )
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Post by Arc on Aug 8, 2010 20:49:08 GMT -5
Mutual Monday. Bull. ;D
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tfkness
Commodities Trader
Posts: 107
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Post by tfkness on Aug 8, 2010 20:50:18 GMT -5
Full Bear - I just don't see anything positive going on - as far as the Tuesday Fed meeting, I think they're damned if they do damned if they dont.... as far as Friday's ability to hang on.... you got me.... Consumer Credit info not as bad as everyone thought?.... let me know when it get's better than what everybody thought and I'll vote Bull... I think it's going to be a rough week ahead....
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sowolf
Broker/Dealer
Posts: 439
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Post by sowolf on Aug 8, 2010 22:02:36 GMT -5
Bear again for me.
Best of luck everyone.
sowolf-
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Post by elle on Aug 8, 2010 22:14:54 GMT -5
I think charts, especially after not breaking down last week, look bullish. Was expecting last week to rally, but thot held up well considering bad numbers. We'd need a big fall to change things, so I'll buy minor weakness tomorrow, especially commodities.
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Post by puurfectten on Aug 8, 2010 22:30:21 GMT -5
bear.. ..still looking for that pop to maybe 1140ish to tap the top trendline..but i think it might be toast....keep life jackets on...fed will most likely do nothing...
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Post by brosin on Aug 8, 2010 23:12:10 GMT -5
Big stinking Puurfoddityy Ken "Timber" Bear for Monday
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Post by Clinton SPX on Aug 9, 2010 0:03:11 GMT -5
Big Bull
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Post by torrentio1 on Aug 9, 2010 0:27:34 GMT -5
BIG BULL!!!
;D
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Post by Clinton SPX on Aug 9, 2010 0:28:52 GMT -5
I think futures +150 tomorrow open
FTSE was +.8% when our employment numbers came out dropping it to -.6%
Our market rallied after europe closed. I think Europe gaps up big and we follow up on their heels
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Post by brosin on Aug 9, 2010 0:30:19 GMT -5
I agree Clinton
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Post by natsalilfly on Aug 9, 2010 0:42:55 GMT -5
baby bear - pop from Friday continues a while in the morning, sells off in afternoon
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Post by benvestor on Aug 9, 2010 1:24:30 GMT -5
Bearish
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Post by ask2lern on Aug 9, 2010 6:49:36 GMT -5
Really nothing more then a guess because I am not really sure sooooooooooooo Baby bear...................GLTA
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