If this close down for the week, it will change the whole ballgame… as far as I've be speaking about the weekly chart, and a possible ABC move up over the next 4-6 weeks.
A down week, with a topping tail, means we are going lower again… as in taking out the 1010 bottom. Not sure yet, as we haven't closed out this week… but today's close will tell the likely future direction for the next month or so.
The C F@kePr1nt was on Jun 29 when C was around FRN$3.80. It was for FRN$3.317. Matched up in both Google and Scottrade.
As I said before, I doubt “they” will let C close below FRN$4.01 today to offset JPM's suggestion people buy C FRN$4 calls this week. Then bottoms away next week?
And don't forget… among ALL of this.. the govt is STILL unloading C shares for as much as they can… probably for the rest of the year.
Well, it's looking more and more like they will pin this between 1080-1090, as it's almost lunch time now, and they've been unsuccessful in breaking down below 1070 so far.
While there is still time to do so, and we are forming a bear flag, I'd be shocked if it closes below 107 spy, as there are a ton of puts at that strike price that they would have to pay out on.
We are rolling over now, and technically “should” sell off the rest of the day… at least from looking at the charts. But today being opx day, some how I think they will keep it from breaking down.
Good for you girl…
I figured it would be a down day, but I'm a little surprise on how much it went down.
added GS short you pOS
I am short Google and spys and jpm and MA and oh yeah!
oh yeah and apple
thanks and so are ALL the HOBstas!
Hey girl… how you doing today? Making lot's of mula I hope 🙂
anyone having fun yet!!!!!!!!!!! wheeeeeeeee freaking deeeeeeeeeeee
If this close down for the week, it will change the whole ballgame… as far as I've be speaking about the weekly chart, and a possible ABC move up over the next 4-6 weeks.
A down week, with a topping tail, means we are going lower again… as in taking out the 1010 bottom. Not sure yet, as we haven't closed out this week… but today's close will tell the likely future direction for the next month or so.
DOW JONES FUTURES CHART
http://niftychartsandpatterns.blogspot.com/2010…
The C F@kePr1nt was on Jun 29 when C was around FRN$3.80. It was for FRN$3.317. Matched up in both Google and Scottrade.
As I said before, I doubt “they” will let C close below FRN$4.01 today to offset JPM's suggestion people buy C FRN$4 calls this week. Then bottoms away next week?
And don't forget… among ALL of this.. the govt is STILL unloading C shares for as much as they can… probably for the rest of the year.
Where was that print on Citigroup at again Woody? You might see soon.
Well, it's looking more and more like they will pin this between 1080-1090, as it's almost lunch time now, and they've been unsuccessful in breaking down below 1070 so far.
While there is still time to do so, and we are forming a bear flag, I'd be shocked if it closes below 107 spy, as there are a ton of puts at that strike price that they would have to pay out on.
We are rolling over now, and technically “should” sell off the rest of the day… at least from looking at the charts. But today being opx day, some how I think they will keep it from breaking down.