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Post by cosmic on Mar 4, 2010 19:16:36 GMT -5
Poll was very bearish last night. But for tomorrow, what to do? Some will argue traders will pull out of positions by eod so there will be a selloff eod. Others will argue no one wants to be short over the weekend. I honestly can't tell, I like the chart, but it screams pullback. So I have to stay with a bearish call, but I've rarely seen "The Chart" on Friday - never that I can remember, so I'm punching in tonight with Baby Bear. (Odds with me tonight!) Here's the RIFIN chart for today (and while I show RIFIN, it's my proxy for the rest of the market as well most of the time.)  |
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Post by torrentio1 on Mar 4, 2010 19:21:12 GMT -5
Easy call for me: [glow=green,2,300]Bull on Steroids!!![/glow] |
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apc905
Margin Account Trader
Posts: 23
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Post by apc905 on Mar 4, 2010 19:29:05 GMT -5
I think tomorrow will be bullish.
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Post by brosin on Mar 4, 2010 19:34:09 GMT -5
Why mess with a good thing? FOMC around the corner and I still think this has all the makings of a large-scale squeeze to put us up near new highs by the middle of next week. 8 trading days and 39 pts SPX to go... definitely possible.
Bull for Friday.
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Post by timber on Mar 4, 2010 19:34:28 GMT -5
i give up...lol
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Post by kbk3ck on Mar 4, 2010 19:35:25 GMT -5
I want a nice little Yogie or even BooBoo.!!!!! Me and Maxie are missing all this and want a big pulback so we can get in for the next leg up!!! I didnt mean to speak for Maxie. But I know she is missing out like me. Unless she went long , like a smart trader, without me.
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Post by timber on Mar 4, 2010 19:36:06 GMT -5
im throwing in the towel for tomorrow  |
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Post by kbk3ck on Mar 4, 2010 19:36:55 GMT -5
Note: Unless you missed it, I did go long at 71.86 and stupidly set a $1 trailer? WTF?!?!?!?!? Why??
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Post by exabi on Mar 4, 2010 19:39:02 GMT -5
Baby nutless chicken pussy bear.
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Post by kbk3ck on Mar 4, 2010 19:40:03 GMT -5
May jump into FAZ in the PM. I Know. OOOOhh!! Stay away from the Dark Side Joe. Oh give me a break. Ok, maybe its just my inner Fastopian saying that. Lol
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Post by kbk3ck on Mar 4, 2010 19:41:15 GMT -5
Ex!! I love it.!!! My Fav Chinese dish. I think Kim has called me that about 50 times since I told her that is what I am when I cant pull the trigger.
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Post by exabi on Mar 4, 2010 19:45:45 GMT -5
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Post by alphacpa on Mar 4, 2010 19:46:27 GMT -5
Baby bull for Friday. News ended up to be a positive driver today. Expect carryover. GL all.
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Post by ask2lern on Mar 4, 2010 19:49:33 GMT -5
Baby nutless chicken pussy bear. I will take two of those please.............I am going to wear the titanium helmut close though..............................GLTA |
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Post by kbk3ck on Mar 4, 2010 19:50:00 GMT -5
Hey, I call'em like I see'em. Expecialy when its me. I cut a lot of slack for other people but I like to be extremely truthful with myself. Lol
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Post by kbk3ck on Mar 4, 2010 19:54:31 GMT -5
Hey Dave, now shes feeding me Pina Colidas made with 151. I may come up with another by tomorrow morning. Did I mention Im off tomorrow? YeeeHiii!!!!
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shah
Futures Trader
Posts: 351
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Post by shah on Mar 4, 2010 19:57:38 GMT -5
Bull, again, Monday is another story though.
GLTA
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Post by elle on Mar 4, 2010 19:58:16 GMT -5
Think they might want a nice print for 1 year since March low, so could get an 1130 hod, but that doesn't mean it will close there.
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Post by exabi on Mar 4, 2010 20:03:03 GMT -5
Hey Dave, now shes feeding me Pina Colidas made with 151. I may come up with another by tomorrow morning. Did I mention Im off tomorrow? YeeeHiii!!!! Ouch...151 coladas.....GL Shhhh.....were gonna get in trouble for posting OT |
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Post by Clinton SPX on Mar 4, 2010 20:03:51 GMT -5
Im looking over the spx chart try to find a similar candle config that resulted in a break out. Cant find one. I remain bearish.
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Post by ccash04 on Mar 4, 2010 20:13:34 GMT -5
Going down!!! 227 pts on the DOW! Bear!
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Post by Rich on Mar 4, 2010 20:17:39 GMT -5
Going down!!! 227 pts on the DOW! Bear! Wow, that's quite a claim. Would you stake your reputation on that call? |
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Post by kbk3ck on Mar 4, 2010 20:32:19 GMT -5
Alright , Im back from doing some VERY technical Charting and Technical analysis. I found some very interesting and somewhat surprising insights that I feel yall would like me to share. Or possibly not, but I am going to anyway.
After drinking another 151 Pina Coladas, I want to give yall the skinny.
I wasnt even sure of what some of these terms meant in relation to where the market would go so I had to research those as well. I feel that simply copying and pasting those definitions would probably give you the overall sentiment for tomorrows direction.
Copy and Pasted Defs below.
Def. 1: This peice of shit is going DOWN!!(notice not all caps)
Def. 2: This mutha is gona rip your guts out of your ass!! (notice not all caps)
Def. 3: TEF SAYS TO THE MOON IN THE MORNING!!!!(notice all caps)
Disregard at your own peril.
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Post by Rich on Mar 4, 2010 20:38:52 GMT -5
Alright , Im back from doing some VERY technical Charting and Technical analysis. I found some very interesting and somewhat surprising insights that I feel yall would like me to share. Or possibly not, but I am going to anyway. After drinking another 151 Pina Coladas, I want to give yall the skinny. I wasnt even sure of what some of these terms meant in relation to where the market would go so I had to research those as well. I feel that simply copying and pasting those definitions would probably give you the overall sentiment for tomorrows direction. Copy and Pasted Defs below. Def. 1: This peice of shit is going DOWN!!(notice not all caps) Def. 2: This mutha is gona rip your guts out of your ass!! (notice not all caps) Def. 3: TEF SAYS TO THE MOON IN THE MORNING!!!!(notice all caps) Disregard at your own peril. Joe, you've got to quit holding in your emotions ;D I definately think we are due for a down day, but I am a little worried. LVS showed more strength than I thought it possesed. Goldman Sachs may have tipped her hand, too. Food for thought. |
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Post by Dualism on Mar 4, 2010 20:39:02 GMT -5
Somehow I feel tomorrow is slightly less difficult to predict: Punching 'baby bear' on my voting card. Here are a couple of observational facts: - NYSE Oscillator closed lower today even though A/D was positive
- VIX marked a higher low today (18.58) versus yesterday (18.42)
But there is no mistake that the undertones are still bullish and I don't expect that to change till the oscillator paints a series of lower highs and lows, which it will take several days. |
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oldcicer
Margin Account Trader
Posts: 41
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Post by oldcicer on Mar 4, 2010 20:39:57 GMT -5
Going with the Torrentino Bull...
Especially if the Metlife purchase of AIG ALICO is resolved ... look at all that money going back to the government to be spent on more stimulus ....between the PRU and Met purchases .. thats alot of billions
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Post by PoorHomey on Mar 4, 2010 20:47:34 GMT -5
Carebear ;D 
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Post by Arc on Mar 4, 2010 20:50:18 GMT -5
I say Baby bear only because I decided to hold some FAZ overnight. Not liking the looks of the Nikkei for holding a short......
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Post by kbk3ck on Mar 4, 2010 21:07:19 GMT -5
RCB, Im not worried at all, thats why I didnt short tonight. LOL If I was sure, I would be telling you that I went all in one way or the other. But Im just sooo emotional!! LOL GS was so good to my partner Emille today that I need some way to send them Karma or an Ass Kiss. He needed it!! He is blind and in a chair and has his wheelchair bound neice there too now. Tuff road for him. Ya gotta laugh at what life hands you or you would be crying all tha time.
I just watch what the world did over night every day at 5am and try to make my best guess. I NEVER confuse that with what I Want or Need. Its just what it is. Me to the Moon or Me to the Wastelands.
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Post by Dualism on Mar 4, 2010 21:11:47 GMT -5
RCB, Im not worried at all, thats why I didnt short tonight. LOL If I was sure, I would be telling you that I went all in one way or the other. But Im just sooo emotional!! LOL GS was so good to my partner Emille today that I need some way to send them Karma or an Ass Kiss. He needed it!! He is blind and in a chair and has his wheelchair bound neice there too now. Tuff road for him. Ya gotta laugh at what life hands you or you would be crying all tha time. I just watch what the world did over night every day at 5am and try to make my best guess. I NEVER confuse that with what I Want or Need. Its just what it is. Me to the Moon or Me to the Wastelands. Now that deserves an exaltation.  |
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