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Post by Cosmic on Jul 12, 2010 19:23:24 GMT -5
hehe Not sure ;D
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Post by clemsontygr on Jul 12, 2010 19:27:59 GMT -5
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Post by givememilion on Jul 12, 2010 19:34:03 GMT -5
Tomorrow could be up day and for bulls to raise some cash. will deploy the cash again on Wednesday due to dip due to retail.. (however the downside shouldn't break the 1070 mark else will go BEAR camp for sometime) economy is more important than the earnings.. leading vs lagging indicator. look at the KSS>its breaking down.. I am afraid.
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sowolf
Broker/Dealer
Posts: 439
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Post by sowolf on Jul 12, 2010 19:45:27 GMT -5
Big angry frothing BEAR tomorrow SPX 1058. Of course, if it breaks 1085, then look for 1100 in the next day or two. Best of luck, sowolf-
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Post by demanuel2001 on Jul 12, 2010 20:05:44 GMT -5
Not sure why today was so quiet. I expect tomorrow to open sharply up and the Dow to be at least +100.
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Post by timber on Jul 12, 2010 20:31:56 GMT -5
ugly bear tomorrow no question
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Post by jack on Jul 12, 2010 20:42:10 GMT -5
Allow me to put it this way compliments to Sam the Sham & the Pharaos:
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Post by maxi on Jul 12, 2010 20:48:25 GMT -5
Baby Bull
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Post by Rich on Jul 12, 2010 20:55:17 GMT -5
I saw most of the action today and it looks bullish.
What can I say.
Bull.
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Post by Clinton SPX on Jul 12, 2010 20:58:00 GMT -5
Baby Bear, Its coming.
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Post by deadmoney95 on Jul 12, 2010 21:04:07 GMT -5
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Post by jack on Jul 12, 2010 21:08:46 GMT -5
Welcome back DM w/ an Exalt! LOL!
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Post by torrentio1 on Jul 12, 2010 21:11:29 GMT -5
BULL
Fantasy scenario appears to be playing out...
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Post by theMIST on Jul 12, 2010 21:30:42 GMT -5
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Post by puurfectten on Jul 12, 2010 21:31:32 GMT -5
bear...lookin for that gap up..mayby tap 1091 tops....then hide the children..... ..but i do think they'll leave us hangin right on 1071ish on the close.....for one last gasp.....maybe hang it there for the dip buyers for a bit....
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Post by Rich on Jul 12, 2010 21:38:14 GMT -5
I like that 1091 number Lee.
Man, I'd like to bust thru that thing like that old commercial with the bull busting thru the glass.
Remember that?
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Post by timber on Jul 12, 2010 21:47:57 GMT -5
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Post by torrentio1 on Jul 12, 2010 22:38:06 GMT -5
Not sure why today was so quiet. I expect tomorrow to open sharply up and the Dow to be at least +100. The market has been paused for a few days -undecided -waiting and anticipating earnings -today was the last calm before the bull storm in my opinion. The hidden hand of the market will now choose direction...
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Post by brosin on Jul 13, 2010 0:19:47 GMT -5
I could see it either way right now - charts look like the move would be to sell here. I would think if the market is about to break out that the playbook to screw everyone would be something like 'false breakout up, fast swift backtest to 1040/50, and then the big true break higher.'
August 10 is the next FOMC meeting, so I expect a pivotal high right around then. It had always been a new market high before the June meetings, but at this point I would settle for a higher high than the last one (spx 1131 I believe).
a big ole stinking "Timber bear"
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Post by commodityypro on Jul 13, 2010 1:39:24 GMT -5
baby bear
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Post by papasloth on Jul 13, 2010 4:39:41 GMT -5
max pain for DIA is 101-102, and last trade was 102.25. So, baby bear.
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Post by ask2lern on Jul 13, 2010 5:46:16 GMT -5
Not sure here...............looks like the energizer bunny market may be back.................hmmmmmmmm.....................ok why not go for the broken clock right now and again..............bear.....LOL.............GLTA
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Post by ask2lern on Jul 13, 2010 5:50:57 GMT -5
I like that 1091 number Lee. Man, I'd like to bust thru that thing like that old commercial with the bull busting thru the glass. Remember that? Here ya go Rich........................... ;D
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Post by Clinton SPX on Jul 13, 2010 6:35:29 GMT -5
looks like 1100 is coming, question is how long do we stay there?
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Post by cosmic on Jul 13, 2010 7:31:32 GMT -5
I worry too Clinton, and I think the whole market is afire with worry. We've traced out a 200+ pt. trading range, 1004-1220, and we've seen that supports & resistances don't means squat. The only thing that means anything is how badly can the squids hurt everyone.
They broke the market, they broke the confidence, they did it with purpose and intent, and now it remains a hollowed out shell of what it was just prior to May 6, no volume, no commitment, just games and games upon games. If the squids decide that YOUR stock must tank today, then nothing else matters, not fundamentals, not technicals, nothing. Today you are screwed (and it will probably carry into tomorrow), and you couldn't see it coming even if you had that fear all along.
I have refused to trade with any more than 10% of my entire holdings, ever again. I am 90% cash, and will be staying that way forever. Now my '70%' withdrawal doesn't mean anything. But I was the most trustful (though cautious) person out there. Imagine how much the rest of the world has pulled... never to return.
Remember there are godless people who believe you need to crap on a gold throne here, because there is nothing afterwards. If they're right, then they sit at the pinnacle of civilization, controlling all us ants. If they are wrong, then that golden crapper is the best they'll ever have, for the eternity that follows will make them wonder if 20 years was worth it.
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Post by Clinton SPX on Jul 13, 2010 7:36:14 GMT -5
great post Cosmic, Im right there with ya.
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Post by Clinton SPX on Jul 13, 2010 7:37:40 GMT -5
And the squids WILL crash the market again once they get everyone bullish again.
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