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Post by Cosmic on Aug 11, 2011 19:53:58 GMT -5
VIX softly falling back to earth... as Torre said it's 'event driven' so unless the event is still occurring, gravity should take affect.
MP said 1150 mathematical. We hit and had a really nice (scary) overthrow. But this market does NOT want to play in the old Flash Crash territory if it doesn't have to, and Doom(tm) would need to be in vogue for that, so we are out of it for now.
That's the area to watch as always on close.
I'm actually going to say baby bear tomorrow down 50 or less, but the VIX will drop. One of those Cobra setups... which means huge move Monday, usually back up. After all, why wouldn't funds want to buy at these valuations.
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Post by huh? on Aug 11, 2011 20:00:49 GMT -5
Called for two consecutive +400 days last night. Got one down, just one more to go! Bull Unless we hit that +400 well before the end of the day. In that case then bear for the close (voted bull)
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Post by Cosmic on Aug 11, 2011 20:05:10 GMT -5
lol don't really like Jon Stewart but gotta chuckle at:
"Who's going to listen to a company whose name translates to 'average and below average'?"
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Post by Rich on Aug 11, 2011 20:09:26 GMT -5
oh, bear I think, just a guess, no thought behind it
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Post by demanuel2001 on Aug 11, 2011 20:18:35 GMT -5
This week big down, big up, big down, big up. So logically we have a big up tomorrow.
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Post by huh? on Aug 11, 2011 20:39:36 GMT -5
Called for two consecutive +400 days last night. Got one down, just one more to go! Bull Unless we hit that +400 well before the end of the day. In that case then bear for the close (voted bull) Oh yeah, and a small gap up at the open. I think "they" will want wannabe longs to chase.
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Post by kbk3ck on Aug 11, 2011 20:57:29 GMT -5
BEAR!!! Profit taking and fear of holding thru the weekend.
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Post by kbk3ck on Aug 11, 2011 21:04:50 GMT -5
I may stand alone on this call... But I dont care!!!!!!
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Post by PoorHomey on Aug 11, 2011 21:09:23 GMT -5
Down 500+, Up 400+, Down 500+, Up 400+...
Maybe tomorrow it'll just sit there motionless and print dojis all day long.
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Post by kbk3ck on Aug 11, 2011 21:17:03 GMT -5
Down 500+, Up 400+, Down 500+, Up 400+... Maybe tomorrow it'll just sit there motionless and print dojis all day long. Just trade it dude!!!!!
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Post by puurfectten on Aug 11, 2011 21:21:59 GMT -5
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Post by kbk3ck on Aug 11, 2011 21:25:34 GMT -5
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Post by Clinton SPX on Aug 11, 2011 22:30:32 GMT -5
bear
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Post by dino on Aug 11, 2011 22:35:48 GMT -5
morning bear, afternoon bull. ends up baby bull.
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