Yes Z… I agree. Others caught a 128.30 spy print, but it matched the previous days’ open, so I didn’t think it was real. We hit it today of course. LOL.
hi red, XOM was 76.8— had a 78.4 AH friday high. guess what? it reached 78.4…i closed the position 78.2, no sense in trying to chase that last 20 cents…sometimes those after hour highs, are as good as a fake print.
Nice call on your longs Cletus. While I’m not in agreement with you on your long term outlook, the short term appears to be in the bulls hands right now. My upside target (assuming the bulls continue) is now coming in around the 1310-1315 area… what’s yours?
Agreed Kevin… I was very unsure which way the market would go today. There were arguments for both ways. Now that we see it, we have something to work with. I’m now leaning toward this rally continuing until the end of the week, making a larger wave 2 up, with wave 3 down to follow after the 3 day weekend.
Of course we could just roll back down tomorrow, but I think we got more upside to go first. Beside that, if they vote in favor of a $12 billion euro bailout for Greece this Wednesday, this could give the market a little more bounce. With George Soro’s saying “we are on the edge of collapse”, I tend to think the opposite and suspect a nice but short lived rally.
The Legatus meeting could be the catalyst… I am sitting on my hands here while facing a possible head and shoulders pattern and an inverse head and shoulders pattern at the same time. The market doesn’t know which way to go yet, but one things for sure, when it decides, it’ll be a strong move after a retest of the neckline.
What is the Reptilian Illuminati Gangster George Soro’s up in this post? Is he already short and wants to panic the public so the market will crash so he can steal more money from the sheep… or is something else in play here?
Duh… yes they are in 2012 for 2013, not 2011 for 2012. What was I thinking? Sorry about that… but I still see a collapse starting the week of October 23rd, 2011 as that’s the end of the Legatus gangster meeting.
Yes Z… I agree. Others caught a 128.30 spy print, but it matched the previous days’ open, so I didn’t think it was real. We hit it today of course. LOL.
hi red, XOM was 76.8— had a 78.4 AH friday high. guess what? it reached 78.4…i closed the position 78.2, no sense in trying to chase that last 20 cents…sometimes those after hour highs, are as good as a fake print.
i have overnight signals, that slightly favor the bears on the qqq, if so, possible retest of 55.0, tuesday
Nice call on your longs Cletus. While I’m not in agreement with you on your long term outlook, the short term appears to be in the bulls hands right now. My upside target (assuming the bulls continue) is now coming in around the 1310-1315 area… what’s yours?
Agreed Kevin… I was very unsure which way the market would go today. There were arguments for both ways. Now that we see it, we have something to work with. I’m now leaning toward this rally continuing until the end of the week, making a larger wave 2 up, with wave 3 down to follow after the 3 day weekend.
Of course we could just roll back down tomorrow, but I think we got more upside to go first. Beside that, if they vote in favor of a $12 billion euro bailout for Greece this Wednesday, this could give the market a little more bounce. With George Soro’s saying “we are on the edge of collapse”, I tend to think the opposite and suspect a nice but short lived rally.
The Legatus meeting could be the catalyst… I am sitting on my hands here while facing a possible head and shoulders pattern and an inverse head and shoulders pattern at the same time. The market doesn’t know which way to go yet, but one things for sure, when it decides, it’ll be a strong move after a retest of the neckline.
Up huge today on my longs.
ES near resistance line: http://niftychartsandpatterns.blogspot.com/2011/06/es-near-resistance-line.html
What is the Reptilian Illuminati Gangster George Soro’s up in this post? Is he already short and wants to panic the public so the market will crash so he can steal more money from the sheep… or is something else in play here?
http://beforeitsnews.com/story/755/113/George_Soros:_we_are_on_the_edge_of_collapse.html
Always be weary of what the gangsters say as they are deceivers and mis-leaders.
Duh… yes they are in 2012 for 2013, not 2011 for 2012. What was I thinking? Sorry about that… but I still see a collapse starting the week of October 23rd, 2011 as that’s the end of the Legatus gangster meeting.