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CAUTION - SPX


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#1 mss

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Posted 18 April 2013 - 09:38 AM

B)

Chart updates.

http://stockcharts.com/c-sc/sc?s=$SPX&p=60&yr=0&mn=6&dy=0&i=p55172535092&a=246421669&r=4289.png

mss
WOMEN & CATS WILL DO AS THEY PLEASE, AND MEN & DOGS SHOULD GET USED TO THE IDEA.
A DOG ALWAYS OFFERS UNCONDITIONAL LOVE. CATS HAVE TO THINK ABOUT IT!!

#2 Rogerdodger

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Posted 18 April 2013 - 09:41 AM

We will see if the "Great and Powerful OZ" is still at the controls. SICK HIM TOTO! :D

#3 pdx5

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Posted 18 April 2013 - 10:40 AM

We will see if the "Great and Powerful OZ" is still at the controls.

SICK HIM TOTO!

:D



I think you mean the helicopter pilot Bernanke? He is all out of ammo.
But he will succeed in debasing the currency. The academic PhD has no clue
how to revive main street economy. And neither does the Secretary of Treasury.
"Money cannot consistently be made trading every day or every week during the year." ~ Jesse Livermore Trading Rule

#4 DrSP

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Posted 18 April 2013 - 11:01 AM

I posted a detailed TRIN study eons back. That will be really helpful to look into the current situation.

Yeah, except I am in pre-mod right now. So, by the time this post gets approval, SPX will have touched all time highs and then lows of this year. I probably need to make a time stamp by my posts (eg: 12 EST, 04/18/2013 right now) so posters will understand the significance of my posts, in a timely fashion, of course. :lol:
You could be a billionaire or an industrial worker or a teacher or a moderator of a forum - Hold a good conscience because that is what matters.

#5 dasein

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Posted 18 April 2013 - 01:13 PM

Thanks mss - it is getting close and it should happen fast if it does, " The academic PhD has no clue how to revive main street economy. And neither does the Secretary of Treasury." why do you say this - these are very smart guys - they know how to do what they intend to do = I do not believe any of them intend to revive the "main street economy" - there are no saviors, save yourself. they are doing exactly what they are supposed to, according to their leading lights. dont tell me you actually believe the rhetoric?
best,
klh

#6 Rogerdodger

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Posted 18 April 2013 - 01:23 PM

Thanks mss - it is getting close and it should happen fast if it does,

" The academic PhD has no clue how to revive main street economy. And neither does the Secretary of Treasury."

why do you say this - these are very smart guys - they know how to do what they intend to do = I do not believe any of them intend to revive the "main street economy" - there are no saviors, save yourself. they are doing exactly what they are supposed to, according to their leading lights.

dont tell me you actually believe the rhetoric?

;)

#7 mss

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Posted 18 April 2013 - 04:11 PM

:D
Might get a "DEAD CAT" bounce. Did not close below the 377ema, but penetrated it, it's no longer a virgin. :o

http://stockcharts.com/c-sc/sc?s=$ONE:$VXO&p=D&yr=1&mn=6&dy=0&i=p13787117058&a=159907575&r=586.png

mss
WOMEN & CATS WILL DO AS THEY PLEASE, AND MEN & DOGS SHOULD GET USED TO THE IDEA.
A DOG ALWAYS OFFERS UNCONDITIONAL LOVE. CATS HAVE TO THINK ABOUT IT!!

#8 orange

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Posted 18 April 2013 - 05:13 PM

:D
Might get a "DEAD CAT" bounce. Did not close below the 377ema, but penetrated it, it's no longer a virgin. :o


It's quite common to get bounces around 50 day EMA before the downtrend takes hold. The SPX closed directly on top of it today.

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#9 opinionated

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Posted 18 April 2013 - 06:13 PM

So are we calling bounce/no bounce. DEAD CAT!! AS IN THE CAT'DEAD MSS? I was imagining we held and back to the top!

#10 mss

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Posted 19 April 2013 - 06:38 AM

So are we calling bounce/no bounce. DEAD CAT!! AS IN THE CAT'DEAD MSS? I was imagining we held and back to the top!

I don't expect much of a rise today, to 1560 next week maybe, but that should be a resist. point. TWT

Be careful -
mss

Edited by mss, 19 April 2013 - 06:38 AM.

WOMEN & CATS WILL DO AS THEY PLEASE, AND MEN & DOGS SHOULD GET USED TO THE IDEA.
A DOG ALWAYS OFFERS UNCONDITIONAL LOVE. CATS HAVE TO THINK ABOUT IT!!