LOL, I posted that on your blog last night. IlliniKap caught it, and posted on my blog yesterday. I miss it. Hey, can you repost the 100.72 spy print that Rati caught yesterday? Thanks…
Tough call today Ben. I'm really not sure what's going to happen? We are getting close to a big short squeeze day, I believe. But it doesn't have too be today, as we have seen days times that have had more 6,7, and even 8 down days in a row. However, if today doesn't fall big again, then I'd be expecting Monday to be a short squeeze day.
The ideal thing to happen is to fall hard today, and let all the smart bears out, and trap the dumb bears into going short over the weekend. Then let it rally up Monday, at which time we would just wait to reassess it again, as look for another short entry.
If the market was going to bounce they would have done it by now. final GDP's out and it was a little weaker than expected. s&p dropped a few points.
Now at 9:55 U mich sent. With all the unemp. & that shit floating in the Gulf, people will be bummed out. Jawizz preliminary says drop at 10am perhaps hod.
Quadruple bottoms are too rare. if we head down to 1040 then we go lower and quickly (allow me to stick my neck out). Lower BB at 1044 – that would be a quadr. bottom so blow that one off. We can't even bounce to the previous days low!! at 1080 nor the middle BB 20dma!!
It appears to be toast. Atilla days 1015 The 38.(whatever) retracement is 1008. And I bet by EOMonth we hit 990 the middle monthly BB. Then maybe Wed, then we see the monster rally.
FTSE is rallying this morning, but its intraday chart looks like crap, negative divergences out the kazoo.
Goldddddddddddddddddddddddddddddd
Thanks NewBear, I thought you had forgotten about. That looks to be showing up on the same day I caught it back on June 4th… We'll see I guess?
Here you go red: http://content.screencast.com/users/rationalnat…
LOL, I posted that on your blog last night. IlliniKap caught it, and posted on my blog yesterday. I miss it. Hey, can you repost the 100.72 spy print that Rati caught yesterday? Thanks…
MOTHER OF ALL CASPERS !!!!!!!!!!!!!!!
http://content.screencast.com/users/Annamall2/f…
Howdy Red
http://www.hotoptionbabe.com/blog/27-tgif-.html
Tough call today Ben. I'm really not sure what's going to happen? We are getting close to a big short squeeze day, I believe. But it doesn't have too be today, as we have seen days times that have had more 6,7, and even 8 down days in a row. However, if today doesn't fall big again, then I'd be expecting Monday to be a short squeeze day.
The ideal thing to happen is to fall hard today, and let all the smart bears out, and trap the dumb bears into going short over the weekend. Then let it rally up Monday, at which time we would just wait to reassess it again, as look for another short entry.
If the market was going to bounce they would have done it by now. final GDP's out and it was a little weaker than expected. s&p dropped a few points.
Now at 9:55 U mich sent. With all the unemp. & that shit floating in the Gulf, people will be bummed out. Jawizz preliminary says drop at 10am perhaps hod.
Quadruple bottoms are too rare. if we head down to 1040 then we go lower and quickly (allow me to stick my neck out). Lower BB at 1044 – that would be a quadr. bottom so blow that one off. We can't even bounce to the previous days low!! at 1080 nor the middle BB 20dma!!
It appears to be toast. Atilla days 1015 The 38.(whatever) retracement is 1008. And I bet by EOMonth we hit 990 the middle monthly BB. Then maybe Wed, then we see the monster rally.
U.S. Markets view before opening bell
http://niftychartsandpatterns.blogspot.com/2010…