Dread, I think it helps Healthcare companies and they hold market up on Monday if it passes. I don't think black Monday. Maybe Black Wednesday. By the Way the Pres will be out of Country so if it tanks it want be his fault because he was not here.
Perhaps. Why do things look so bleak these days? I wish we were back in the 80s. Of course I was only a child then so perhaps things just appeared rosier to me.
Very good points SC. There was one fakeout on the MACD on the way up since February, and anyone who solely used MACD to make trades would have gotten scorched.
It is dirty politics b/c the Democrats would not have voted for this bill, IF they are not being bullied, threatened and blackmailed by Obama's thugs. What do you think the 'persuasion' is about? It is all about “if you dont vote for this, you are dead as we are going to back someone else against you this November.”
Dollar weekly setup
slight violation of weekly contianment @ the close
this is the 5th week of dancing with the containment pt.
next weekly containment pt. (teal line) is @ 24.27
http://www.flickr.com/photos/47091634@N04/44464…
PPT ramped it but feel good now the ultimate direction is down.
Carl at day’s end:
1157-1170 estimate today for /ES (13 points)
1150.25 -1165 actual today (14.75 points)
Spent most of the day below Carl’s low.
Trades:
In /ES at 1163.25, out at 1159.50 (loss of 3.75)
In /ES at 1156.75, out at 1154.50 (Loss of 2.25)
Grade D (2nd day in a row: lost some money, too optimistic on range estimate)
Dread, I think it helps Healthcare companies and they hold market up on Monday if it passes. I don't think black Monday. Maybe Black Wednesday. By the Way the Pres will be out of Country so if it tanks it want be his fault because he was not here.
$NDX : AAPL
http://www.flickr.com/photos/47091634@N04/44453…
Perhaps. Why do things look so bleak these days? I wish we were back in the 80s. Of course I was only a child then so perhaps things just appeared rosier to me.
Yes, seems to be.
Very good points SC. There was one fakeout on the MACD on the way up since February, and anyone who solely used MACD to make trades would have gotten scorched.
It is dirty politics b/c the Democrats would not have voted for this bill, IF they are not being bullied, threatened and blackmailed by Obama's thugs. What do you think the 'persuasion' is about? It is all about “if you dont vote for this, you are dead as we are going to back someone else against you this November.”
Carl tends to have a rough time when one trend ends and before the next one begins. Once he recognizes the change, he's pretty good.