At these levels the bears are going to start feeling the squeeze soon. I wouldn’t be surprised if we don’t hit the FP today.
Great call red… Opened a weekly call in the morning, closed out nicely
Well, never mind waiting until lunch time as they are pushing it up now. At this point I do think the FP on the SPY of 138.41 will be hit. Possibly at the close today or tomorrow morning with a gap up and crap.
Nice chart David… I wonder where we are in that cycle? I’d say we’re at the end of the “Greed” area and ready to go into the “Fear” area.
Good morning gang…
http://screencast.com/t/VvxLbzP3bzHg
INTEL Chart analysis: http://niftychartsandpatterns.blogspot.in/2012/07/intel-chart-analysis.html
Rising wedge of crude oil: http://niftychartsandpatterns.blogspot.in/2012/07/rising-wedge-of-crude-oil.html
“The European Central Bank, in a sharp turnaround, advocated imposing losses on holders of senior bonds issued by the most severely damaged Spanish savings banks—though finance ministers have for now rejected the approach, according to people familiar with discussions.” http://professional.wsj.com/article/SB10001424052702303612804577528663115746788.html http://uk.reuters.com/article/2012/07/16/uk-eu-banks-idUKLNE86F02Y20120716 http://ftalphaville.ft.com/blog/2012/07/16/1083431/the-bail-in-spain-ecb-edition/ http://www.bloomberg.com/news/2012-07-17/austria-s-fekter-says-spain-bail-in-talk-risks-rattling-markets.html http://online.wsj.com/article/SB10001424052702303612804577531200890121414.html?mod=wsj_streaming_stream
could the banksters finally be getting serious about the problems with insolvency, rather than merely illiquidity?
speechless. I knew it was an assassination by them, but that was put together extremely well… Great job to the video creator
Me too… I’m just over a hour into the video.
At these levels the bears are going to start feeling the squeeze soon. I wouldn’t be surprised if we don’t hit the FP today.
Great call red… Opened a weekly call in the morning, closed out nicely
Well, never mind waiting until lunch time as they are pushing it up now. At this point I do think the FP on the SPY of 138.41 will be hit. Possibly at the close today or tomorrow morning with a gap up and crap.
Nice chart David… I wonder where we are in that cycle? I’d say we’re at the end of the “Greed” area and ready to go into the “Fear” area.
Good morning gang…
http://screencast.com/t/VvxLbzP3bzHg
INTEL Chart analysis:
http://niftychartsandpatterns.blogspot.in/2012/07/intel-chart-analysis.html
Rising wedge of crude oil:
http://niftychartsandpatterns.blogspot.in/2012/07/rising-wedge-of-crude-oil.html
“The European Central Bank, in a sharp turnaround, advocated imposing losses on holders of senior bonds issued by the most severely damaged Spanish savings banks—though finance ministers have for now rejected the approach, according to people familiar with discussions.”
http://professional.wsj.com/article/SB10001424052702303612804577528663115746788.html
http://uk.reuters.com/article/2012/07/16/uk-eu-banks-idUKLNE86F02Y20120716
http://ftalphaville.ft.com/blog/2012/07/16/1083431/the-bail-in-spain-ecb-edition/
http://www.bloomberg.com/news/2012-07-17/austria-s-fekter-says-spain-bail-in-talk-risks-rattling-markets.html
http://online.wsj.com/article/SB10001424052702303612804577531200890121414.html?mod=wsj_streaming_stream
could the banksters finally be getting serious about the problems with insolvency, rather than merely illiquidity?
speechless. I knew it was an assassination by them, but that was put together extremely well… Great job to the video creator
Me too… I’m just over a hour into the video.