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at 12:30 Pacific time futures being accumulated


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#1 atlasshrugged

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Posted 22 February 2008 - 03:39 AM

i have a sneaky feeling a moniline bailout is coming in the morning

#2 dcengr

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Posted 22 February 2008 - 03:53 AM

And in the other corner, you have lonely denleo talking about the coming meltdown :huh:
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#3 atlasshrugged

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Posted 22 February 2008 - 03:59 AM

And in the other corner, you have lonely denleo talking about the coming meltdown :huh:



LOL...

boy the set up is there for an explosive move...if they maintain their triple a rating we get 500 dow points in the bag

somebody big has been puting a floor under this mkt the last three days despite all the horrible news

#4 dcengr

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Posted 22 February 2008 - 04:08 AM

I'm not sure what you're seeing... futures look flat to me.

Still, of the # of talented traders I track on this board, more are long than short.

If there's a gap down, however, and it opens lower than the previous low.. I'll wait to see if the gap can fill.. if no juice, then its time to push on the cushion. Alternatively for a gap up ofcourse..

And in the other corner, you have lonely denleo talking about the coming meltdown :huh:



LOL...

boy the set up is there for an explosive move...if they maintain their triple a rating we get 500 dow points in the bag

somebody big has been puting a floor under this mkt the last three days despite all the horrible news


Qui custodiet ipsos custodes?

#5 Tor

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Posted 22 February 2008 - 04:23 AM

I agree...markets look flat...which market are you looking at??? FTSE down 20, was down 50. Not mucho here. Also, what about the other boolz? Da Cheif for example? I went long couple of days ago clsed yesterday small loss, glad I did. Look to go back in long or short maybe even today. HOWEVER, it may be the case the 1937 fractal remains until my 1980 fractal kicks in. Cheers.
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#6 dcengr

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Posted 22 February 2008 - 04:33 AM

Go read Da Chief's blog.. He's been SNORTing at the top for the past few weeks. Rather bad streak of luck, it seems. In fact, maybe that's a SHNORT, not SNORT. Seems too coincidental that he'd do his bullish SNORT almost at the exact top like 5x in a row.
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#7 eminimee

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Posted 22 February 2008 - 05:39 AM

Two mildly good signs over night so far... 1. I'm not stopped out. :) 2: ES held 1342 so far.

#8 AChartist

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Posted 22 February 2008 - 07:10 AM

Several stocks I was waiting for a pop to sell left the gate without me for 5 points. Its not going to let us get properly short is it?

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#9 AChartist

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Posted 22 February 2008 - 07:17 AM

The other perception I get, as long as these guys are betting more long for
more socialist public financing bailouts (dollar destruction) , it may have a long way to go.

The last dollar destruction socialist program got you 1987.





Several stocks I was waiting for a pop to sell left the gate without me for 5 points.
Its not going to let us get properly short is it?


"marxism-lennonism-communism always fails and never worked, because I know

some of them, and they don't work"  M.Jordan


#10 AChartist

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Posted 22 February 2008 - 07:23 AM

Sell signals triggering all over the place, the momentum to generate the sell can get a one day pop out of it. Oscillators oscillated enough to be position for the general swoon.

"marxism-lennonism-communism always fails and never worked, because I know

some of them, and they don't work"  M.Jordan