SPX hourly
Started by
K Wave
, Apr 22 2013 12:35 PM
4 replies to this topic
#1
K Wave
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Posted 22 April 2013 - 12:35 PM
coming into back kiss of 50 over 200 MA on hourly....1560ish cash as likely a place as any for bears to try and hold the line....
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#2
K Wave
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Posted 22 April 2013 - 12:52 PM
3rd ramp to 1560 today....now perhaps we get some sort of decision....
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#3
K Wave
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Posted 22 April 2013 - 01:58 PM
1560-65 is the Finga zone...
if bears do take it back down to 1560, then what happens there may decide the short term action for a bit....
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#4
arbman
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Posted 22 April 2013 - 02:08 PM
I think another day of trying and trying before giving up later in the week... But the market is kind of improving, even if we see a decline into a Thursday low, I think a reversal will come into the first week of May, it is the end of the month coming up as well. Then another round of declines into the 2nd to 3rd week of May...
#5
PrintFaster
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Posted 22 April 2013 - 02:52 PM
Market appears to be pricing in an huge upcoming economic boom in emerging markets today.
Caterpillar up on the biggest volume day of the year on crappy earnings, other stocks like Terex going up as well.
Some classic posts by "peteybear" over on another board, pretty much sums up what its like being a bear:
the only question i have after 4 yrs of this is why do we evern publish any bad earnings or ba econ #'s. They obviously have nothing to do with stock prices [ NT ]
peteybear - Mon, Apr 22, 2013 - 02:12 PM (Views: 15)
basically overall the mkt has forced all shorts to take the bacon or die. todays yet the 3000 th example of that since 2009. [ NT ]
peteybear - Mon, Apr 22, 2013 - 12:44 PM (Views: 10)
buy the dip buy the dip buy the dip an never ever lose. terrible earnings,terrible econ. doesn't matter [ NT ]
peteybear - Mon, Apr 22, 2013 - 12:08 PM (Views: 77)
the negativity on apple is deafening. outside a huge miss its possible apple could run on earnings. look at cat this am. terrible earnings its up [ NT ]
peteybear - Mon, Apr 22, 2013 - 08:29 AM (Views: 68)
Caterpillar up on the biggest volume day of the year on crappy earnings, other stocks like Terex going up as well.
Some classic posts by "peteybear" over on another board, pretty much sums up what its like being a bear:
the only question i have after 4 yrs of this is why do we evern publish any bad earnings or ba econ #'s. They obviously have nothing to do with stock prices [ NT ]
peteybear - Mon, Apr 22, 2013 - 02:12 PM (Views: 15)
basically overall the mkt has forced all shorts to take the bacon or die. todays yet the 3000 th example of that since 2009. [ NT ]
peteybear - Mon, Apr 22, 2013 - 12:44 PM (Views: 10)
buy the dip buy the dip buy the dip an never ever lose. terrible earnings,terrible econ. doesn't matter [ NT ]
peteybear - Mon, Apr 22, 2013 - 12:08 PM (Views: 77)
the negativity on apple is deafening. outside a huge miss its possible apple could run on earnings. look at cat this am. terrible earnings its up [ NT ]
peteybear - Mon, Apr 22, 2013 - 08:29 AM (Views: 68)
