The 10-day EMA of the CPCE is so low today (http://stockcharts.com/h-sc/ui?s=$CPCE&p=D&yr=1…) that I can't help but think that a market drop is coming soon, definitely before the OPEX next week. What do you think?
What are the big boys saying,we can'y take profit or it will crash,too much fed money ,I think they push until earning,then lets see.Run oil still have 5 gallons cans to store it in. I cover today everything, now it will fall
a Black Swan is coming any day now, I can just feel it.
we're going to need a trigger to get it going.
the volume today looks as low as it did at the peak in January.
I say we go side ways this week if nothing bad happens, actually something bad that isn't ignored! then next week we kick off with
AA on the 12th INTC 13th JPM 14th YUM 14th AMD 15th BAC 16TH GE 16TH
I may have missed some companies but my thinking is that if most of these don't move up after they report it could give the big boys the power to move the market down. Considering how overbought we are it would be the path of least resistance.
I swear though, the dumber you are the more money you can make in this marker.
In mid August we had a similar fractal. It looked like a sell signal was coming, but we had a sharp 2 day (?) drop when resulted in a $RUT:$RVX buy signal because the BBs had become so constricted. Frankly, I'd love the return of a range bound trading pattern like we had late last summer/fall.
shorts the 3x were killing me
Did you cover your shorts or longs?
Red:
The 10-day EMA of the CPCE is so low today (http://stockcharts.com/h-sc/ui?s=$CPCE&p=D&yr=1…) that I can't help but think that a market drop is coming soon, definitely before the OPEX next week. What do you think?
What are the big boys saying,we can'y take profit or it will crash,too much fed money ,I think they push until earning,then lets see.Run oil still have 5 gallons cans to store it in.
I cover today everything,
now it will fall
From the tips of your fingers to g-d's ears! Otherwise, I too will be joining Red and SC at Mickey D's! Thanks for your thoughts Sundancer.
Thanks Earl of – looks like nobody can get it right at the moment.
“the dumber you are the more money you can make”… ain't that the truth!
I'm just smart enough to know how to lose, and not dumb enough to win… I sometimes wish I would have taken the blue pill.
lol..
a Black Swan is coming any day now, I can just feel it.
we're going to need a trigger to get it going.
the volume today looks as low as it did at the peak in January.
I say we go side ways this week if nothing bad happens, actually something bad that isn't ignored! then next week we kick off with
AA on the 12th
INTC 13th
JPM 14th
YUM 14th
AMD 15th
BAC 16TH
GE 16TH
I may have missed some companies but my thinking is that if most of these don't move up after they report it could give the big boys the power to move the market down. Considering how overbought we are it would be the path of least resistance.
I swear though, the dumber you are the more money you can make in this marker.
Alternative view:
http://www.screencast.com/users/dreadwin/folder…
In mid August we had a similar fractal. It looked like a sell signal was coming, but we had a sharp 2 day (?) drop when resulted in a $RUT:$RVX buy signal because the BBs had become so constricted. Frankly, I'd love the return of a range bound trading pattern like we had late last summer/fall.