Buy the weakness, sell into strength is the mantra. It has worked very well. Tax selling starting soon, be advised. Next week I see a downward bias. Dollar upside in nearterm…………………
after the AMZN earnings report, bear blogs, I’m convinced, are polluting the internet. But, we gotta get a pullback…probably happens when I’m, “Somewhere, over the rainbow”.
AMZN’s earnings report should make every bear VOMIT!
Here’s the JIST…
AMZN missed on Margins my ass…They are expanding their facilities, so they can handle all the tremendous increase in xmas volume they are expecting….the expansion is running into cost over-runs, which is typical.
KEYWORDS::::::
tremendous increase in xmas volume
tremendous increase in xmas volume
tremendous increase in xmas volume
I think we are going to get a xmas rally….What ELSE can you think?
We are close to a breakout one way or the other, and odds favor the bears right now. But of course there’s always more manipulation that could delay it longer. I just don’t think they can do it for more then a few more days.
I think we’ll see some selling into the close tomorrow, after the POMO money is used up in the morning session. I also think we’ll see a lot more selling next week too.
Even if they manage to hold the tape up tomorrow, that leaves Monday looking very bearish, as holding the charts up all day will make all the short term charts very overbought again.
Nice chart… and yes, the odds favor the bears. But as we all know, the gangsters run the market and can manipulate it higher for longer then the bears can stay in the game.
But, I do think it will end soon. However, there might not be any bears left to short the market then. It really gets old, the same old manipulation crap that the gangster do everyday. As long as they have that printing press, they can keep extending the sell off for a future date.
While I think we are almost there, and next week should start the sell off, I wouldn’t bet my last dollar one it… as then I know I’d go broke! LOL.
I’ve got a wedge on the 5 day EMA on CPCE that broke out today. Maybe it means something, maybe not. I just know that when the 20 period slope on CPCE crosses zero, it’s bearish. It has failed twice in a row and this is the third. I just can’t see how it can continue to fail. In the end, I may have to re-draw the wedge here into a channel or something.
S&P 500 Before opening bell : CLICK HERE
Buy the weakness, sell into strength is the mantra. It has worked very well. Tax selling starting soon, be advised. Next week I see a downward bias. Dollar upside in nearterm…………………
“Way up HIGH”
after the AMZN earnings report, bear blogs, I’m convinced, are polluting the internet.
But, we gotta get a pullback…probably happens when I’m, “Somewhere, over the rainbow”.
AMZN’s earnings report should make every bear VOMIT!
Here’s the JIST…
AMZN missed on Margins my ass…They are expanding their facilities, so they can handle all the tremendous increase in xmas volume they are expecting….the expansion is running into cost over-runs, which is typical.
KEYWORDS::::::
tremendous increase in xmas volume
tremendous increase in xmas volume
tremendous increase in xmas volume
I think we are going to get a xmas rally….What ELSE can you think?
We are close to a breakout one way or the other, and odds favor the bears right now. But of course there’s always more manipulation that could delay it longer. I just don’t think they can do it for more then a few more days.
I think we’ll see some selling into the close tomorrow, after the POMO money is used up in the morning session. I also think we’ll see a lot more selling next week too.
Even if they manage to hold the tape up tomorrow, that leaves Monday looking very bearish, as holding the charts up all day will make all the short term charts very overbought again.
Hell, if a Netflix having a major outage at the worst possible time doesn’t signal a market peak, I don’t know what does!
http://finance.yahoo.com/news/Netflix-suffers-big-outage-as-apf-1946704946.html?x=0&sec=topStories&pos=main&asset=&ccode=
Nice chart… and yes, the odds favor the bears. But as we all know, the gangsters run the market and can manipulate it higher for longer then the bears can stay in the game.
But, I do think it will end soon. However, there might not be any bears left to short the market then. It really gets old, the same old manipulation crap that the gangster do everyday. As long as they have that printing press, they can keep extending the sell off for a future date.
While I think we are almost there, and next week should start the sell off, I wouldn’t bet my last dollar one it… as then I know I’d go broke! LOL.
I’ve got a wedge on the 5 day EMA on CPCE that broke out today. Maybe it means something, maybe not. I just know that when the 20 period slope on CPCE crosses zero, it’s bearish. It has failed twice in a row and this is the third. I just can’t see how it can continue to fail. In the end, I may have to re-draw the wedge here into a channel or something.
http://stockcharts.com/h-sc/ui?s=$CPCE&p=D&yr=0&mn=8&dy=0&id=p68373158031&a=202131234
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