Jump to content



Photo

Bought back: LONG SPX 1689


  • Please log in to reply
52 replies to this topic

#11 PrintFaster

PrintFaster

    Member

  • Traders-Talk User
  • 1,683 posts

Posted 12 August 2013 - 10:05 AM

Peteybear over on the other board is about ready to lose it. He's a die hard bear but the market won't go down.


wow futures 10 off last nights low like magic
peteybear - Mon, Aug 12, 2013 - 09:45 AM (Views: 11)


i thought with the futures at 1675 last night maybe we get a drop but they've skied since. they might back another high run in next few weeks

peteybear - Mon, Aug 12, 2013 - 11:00 AM (Views: 1)

lol heres another excuse to ram the shorts. 'Hindenburg Omen' hovers over Wall Street again

peteybear - Mon, Aug 12, 2013 - 10:41 AM (Views: 23)

#12 ogm

ogm

    Member

  • Traders-Talk User
  • 13,780 posts

Posted 12 August 2013 - 10:07 AM

I have a 10 point stop. Looks like FED did a footsave again.

Back to long, looking for new highs, 1720.

Stops in place.

This is high octane trading!!



Nope, this is just another low volume whipsaw.

Here is what will be interesting. Last week, every single day, the market sold off into the European close at 11:30 EST and rallied right after it to about 2 pm, at which point it stalled.

Today it rallied into Euopean close from the open. ( which happened to be a gap down, and the whole rally brought the market to unchanged )... will be interesting to see if the pattern changes and in what way.

Edited by ogm, 12 August 2013 - 10:11 AM.


#13 alexnewbee

alexnewbee

    Member

  • Traders-Talk User
  • 1,459 posts

Posted 12 August 2013 - 10:15 AM


lol heres another excuse to ram the shorts. 'Hindenburg Omen' hovers over Wall Street again

peteybear - Mon, Aug 12, 2013 - 10:41 AM (Views: 23)


thks. this one is interesting.

It's extremely rare to see as many Omens occurring together as we've seen over the past 50 days.


"we do G.d's work" Lloyd Blankfein

#14 alexnewbee

alexnewbee

    Member

  • Traders-Talk User
  • 1,459 posts

Posted 12 August 2013 - 10:17 AM

Printfaster - can tell that guy is a newbie!! They always turn up at this time.


yes, they :bear: do!! :lol: :lol: :lol:
GL
"we do G.d's work" Lloyd Blankfein

#15 PrintFaster

PrintFaster

    Member

  • Traders-Talk User
  • 1,683 posts

Posted 12 August 2013 - 10:19 AM

I guess the home "rehab/rent/flip" boom is continuing unabated with no sign of letting up.

No other central banker in world history has been successful in re-igniting the exact same bubble that caused the previous crash, LOL...

And this time, these stocks are already trading way over the 2007 highs.

http://stockcharts.c...76320618426.png

http://stockcharts.c...76320648512.png

http://stockcharts.c...76320688343.png

Edited by PrintFaster, 12 August 2013 - 10:19 AM.


#16 thespookyone

thespookyone

    Member

  • Traders-Talk User
  • 6,043 posts

Posted 12 August 2013 - 10:32 AM

Whipsaw area.

#17 zoropb

zoropb

    Member

  • Traders-Talk User
  • 8,392 posts

Posted 12 August 2013 - 10:46 AM

after hitting our high odds for a high area for today 1688+- we now have odds to 79.25+-1 before 5:15 pm. There is more but on blog for ahrs. first weekly target met overnight 75.25 we had 74.50+- from our sell of 1692 on Thursday. Have a good day.

Love, be kind to one another, seek the truth, walk the narrow path between the ying and the yang.


#18 PrintFaster

PrintFaster

    Member

  • Traders-Talk User
  • 1,683 posts

Posted 12 August 2013 - 11:11 AM

Everyone is dumping the fabled rock solid ultra-stable "Dow Dividend Stocks" into more risky emerging market-centric names.

http://stockcharts.c...76323846132.png
http://stockcharts.c...76323894958.png

#19 PrintFaster

PrintFaster

    Member

  • Traders-Talk User
  • 1,683 posts

Posted 12 August 2013 - 11:14 AM

Visualizing Europe's world record high unemployment and plunging GDP.

Presented Without Comment.....

http://stockcharts.c...76324031657.png

#20 zoropb

zoropb

    Member

  • Traders-Talk User
  • 8,392 posts

Posted 12 August 2013 - 11:15 AM

Everyone is dumping the fabled rock solid ultra-stable "Dow Dividend Stocks" into more risky emerging market-centric names.

http://stockcharts.c...76323846132.png
http://stockcharts.c...76323894958.png

the spread between emerging markets and US is on the silly side. Got to question where is the ST risk over this quarter at least. The flows like water to path of least resistance or in this case what pays better to risk.

Edited by zoropb, 12 August 2013 - 11:16 AM.

Love, be kind to one another, seek the truth, walk the narrow path between the ying and the yang.