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By the close tomorrow


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#1 gameover

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Posted 23 May 2013 - 10:53 AM

bears will be puking in the streets This quick decline is FAKE Close at high of the week tomorrow above top daily boll. bands Central bank can scream all they want about tapering QE, but the fact is MONEY is still coming in from them and will not stop the gravy train Same scam over again, get bears all lubed up, then squeeze em hard

#2 CNSZ

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Posted 23 May 2013 - 10:57 AM

bears will be puking in the streets

This quick decline is FAKE

Close at high of the week tomorrow above top daily boll. bands

Central bank can scream all they want about tapering QE, but the fact is MONEY is still coming in from them and will not stop the gravy train

Same scam over again, get bears all lubed up, then squeeze em hard



Yep, the long waiting correction is over. the summer rally start after lunch. lol

#3 arbman

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Posted 23 May 2013 - 10:59 AM

I think the market will be stuck in a sideways trading range until early June at least... I think there is a bit more downside potential to 20 dma or 1600-1610 support zone. But in general, there is no reason for them to stop, perhaps a tapering though around October.

#4 fib_1618

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Posted 23 May 2013 - 11:10 AM

"tapering"

This is now the third or fourth deceptive word that has been promoted by the media that has been bamboozling many traders over the last 3 years with regard to monetary policy.

It would highly advantageous for anyone reading this to quickly trash this new "buzz word" and concentrate fully on the movement of capital...it's the only thing that "counts".

Fib

Better to ignore me than abhor me.

“Wise men don't need advice. Fools won't take it” - Benjamin Franklin

 

"Beware of false knowledge; it is more dangerous than ignorance" - George Bernard Shaw

 

Demagogue: A leader who makes use of popular prejudices, false claims and promises in order to gain power.





 


#5 babs

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Posted 23 May 2013 - 11:17 AM

No POMO punch tomorrow. I vote chop

#6 CNSZ

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Posted 23 May 2013 - 11:20 AM

I think the market will be stuck in a sideways trading range until early June at least...

I think there is a bit more downside potential to 20 dma or 1600-1610 support zone.

But in general, there is no reason for them to stop, perhaps a tapering though around October.


Ben will not tapering anything. he only has 8 months left in his term. Tapering will start after Feb next year if they are going tapering, I doubt they will ever be able to do it without a replacement program which will inject more money into the "market".

#7 gameover

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Posted 23 May 2013 - 11:20 AM

"tapering"

This is now the third or fourth deceptive word that has been promoted by the media that has been bamboozling many traders over the last 3 years with regard to monetary policy.

It would highly advantageous for anyone reading this to quickly trash this new "buzz word" and concentrate fully on the movement of capital...it's the only thing that "counts".

Fib


yep. all intentional doubletalk to confuse, flow of funds is ALL that matters

the nikkei crash last night also as intentional as the flash crash here, all done to scare those out of markets, meanwhile, the gravy train of liquidity flows and flows and the majority miss out

tomorrow they will rip all new shorts from the past 2 days a major {bleeeep} going into the long weekend

#8 gameover

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Posted 23 May 2013 - 11:28 AM

No POMO punch tomorrow. I vote chop


they don't need to pomo tomorrow with the low volume into the long weekend where shorts will be scrambling to cover their asses

indices are now unchanged for the week, YAWN, they'll keep the win streak intact

#9 tommyt

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Posted 23 May 2013 - 11:39 AM

No POMO punch tomorrow. I vote chop


they don't need to pomo tomorrow with the low volume into the long weekend where shorts will be scrambling to cover their asses

indices are now unchanged for the week, YAWN, they'll keep the win streak intact



you all think the FED is gonna tell us when they are "actually going to unwind"? Thats the joke of it all...they would panic the markets. They are probably selling now.

#10 risk_management

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Posted 23 May 2013 - 11:59 AM

Bears this, bulls that. Why so dramatic?! Most here are traders with reasonable stops in place. I hope.