IYR, SPG and VNO are down today. Technically these charts don’t look good. I would like to go short. You mentioned about govt preferential treatment, which I have no control over, hence I am hesistant. Would you short IYR here? The market is up today but IYR is down. Would you short here?
Fed To Ramp Up Stocks In September Thanks To Front-Loaded POMO Schedule
“for September/October the Fed is now expected to monetize double the amount of bonds in Aug/Sept. In other words, the Primary Dealers, aka Fed Lites, will be using tens of billions of brand new Fed printed money to chase the highest beta stocks they can find”
No problem Rk… it’s all good. I don’t usually ban anyone. I even give the operators a lot of lead way, as they are just doing their job spying on me. I don’t care though, as I’m not “in the loop”, and fully understanding the ritual games anyway. So it just doesn’t matter either way.
hi red, rk here i read all that things that there is an “error post” posted by me &……………………
actually i usually use my cell phone to read (& post) ur blog & for trading too.it might be my cell phone problem which i tried to post my comment 1 day earlier but ‘disqus’ gave me message that there is prob. to post the comment, after trying it 2-3 times i giveup my try…..then i try to read it again next day & to read clearly i chose the comments, “sort by newest first” then that error is appeared.. but i couldnt mention the fact b’cas my net validity end that day midnight & i renew it about 8-9 days later…..ok i think that error is not spam it must be disqus message. but i dont kno why it post on ur blog? insteed on my email id …..ok, sorry for all that stuff
i really dont know much about software so u will be sure that there is no any harmfull intensions.i keep following u by my pc or from any other sources whenever i get time…as i work in shifts it is possible only in night shift to follow u……
too long post na…..sorry again… keep ur good work continue…..
We are in “no man’s land” and it really could go either way Jim. I’m leaning bullish because of the elections coming up in November, and of course the comments made by Bernanke.
Don’t forget about that DIA 118.16 print. That very well could be our final upside target. It might hit the first of next year, like we hit a high in January of this year.
Hi zstock7,
IYR, SPG and VNO are down today. Technically these charts don’t look good. I would like to go short. You mentioned about govt preferential treatment, which I have no control over, hence I am hesistant. Would you short IYR here? The market is up today but IYR is down. Would you short here?
Fed To Ramp Up Stocks In September Thanks To Front-Loaded POMO Schedule
“for September/October the Fed is now expected to monetize double the amount of bonds in Aug/Sept. In other words, the Primary Dealers, aka Fed Lites, will be using tens of billions of brand new Fed printed money to chase the highest beta stocks they can find”
http://www.zerohedge.com/article/fed-ramp-stocks-september-thanks-front-loaded-pomo-schedule
I still like a very slightly higher high ’round 3ish.
S&P 500 Hour chart
No problem Rk… it’s all good. I don’t usually ban anyone. I even give the operators a lot of lead way, as they are just doing their job spying on me. I don’t care though, as I’m not “in the loop”, and fully understanding the ritual games anyway. So it just doesn’t matter either way.
hi red, rk here i read all that things that there is an “error post” posted by me &……………………
actually i usually use my cell phone to read (& post) ur blog & for trading too.it might be my cell phone problem which i tried to post my comment 1 day earlier but ‘disqus’ gave me message that there is prob. to post the comment, after trying it 2-3 times i giveup my try…..then i try to read it again next day & to read clearly i chose the comments, “sort by newest first” then that error is appeared.. but i couldnt mention the fact b’cas my net validity end that day midnight & i renew it about 8-9 days later…..ok i think that error is not spam it must be disqus message. but i dont kno why it post on ur blog? insteed on my email id …..ok, sorry for all that stuff
i really dont know much about software so u will be sure that there is no any harmfull intensions.i keep following u by my pc or from any other sources whenever i get time…as i work in shifts it is possible only in night shift to follow u……
too long post na…..sorry again… keep ur good work continue…..
Talk about slow pain and misery… this market is worst then the old Chinese water dripping torture.
That would explain the good numbers indeed!
Nine States Did Not File Initial Claims Data Due To Labor Day, Hundreds Of Thousands Of Estimates In Data “Beat”
http://www.zerohedge.com/article/nine-states-did-not-file-initial-claims-data-due-labor-day-hundreds-thousands-estimates-data
We are in “no man’s land” and it really could go either way Jim. I’m leaning bullish because of the elections coming up in November, and of course the comments made by Bernanke.
Don’t forget about that DIA 118.16 print. That very well could be our final upside target. It might hit the first of next year, like we hit a high in January of this year.