6 replies to this topic

[Bob-C]

Hi everyone, IMVHO, the lightning jam job in the last 20 minutes was for the purpose of giving assurance to the public and traders through operant conditioning that every dip should be bought and that everything is just fine. The EOD ramp up was IMHO, also used to regurgitate, i.e., distribute, the inventory that they took in on the 200 point drop during the last hour of trading and then to sell short preparatory to the next decline.. By clearing out the sellers they are now able to drop the market like a hot knife through butter; LOB!!! Have a happy and successful trading day! Bob-C

Edited by Bob-C, 09 August 2007 - 01:16 AM.

[Bob-C]

Hi everyone, IMVHO, the lightning jam job in the last 20 minutes was for the purpose of giving assurance to the public and traders through operant conditioning that every dip should be bought and that everything is just fine. The EOD ramp up was IMHO, also used to regurgitate, i.e., distribute, the inventory that they took in on the 200 point drop during the last hour of trading and then to sell short preparatory to the next decline.. By clearing out the sellers they are now able to drop the market like a hot knife through butter; LOB!!!

Have a happy and successful trading day!

Bob-C

Hi everyone,see the following "Mortgage Liquidity" charts and reports on lenders courtesy of Credit Suisse posted on www.recharts.com, they are very shocking and eye-opening!

Cheers,

Bob-C

[Bob-C]

Hi everyone, IMVHO, the lightning jam job in the last 20 minutes was for the purpose of giving assurance to the public and traders through operant conditioning that every dip should be bought and that everything is just fine. The EOD ramp up was IMHO, also used to regurgitate, i.e., distribute, the inventory that they took in on the 200 point drop during the last hour of trading and then to sell short preparatory to the next decline.. By clearing out the sellers they are now able to drop the market like a hot knife through butter; LOB!!!

Have a happy and successful trading day!

Bob-C

Hi everyone,see the following "Mortgage Liquidity" charts and reports on lenders courtesy of Credit Suisse posted on www.recharts.com, they are very shocking and eye-opening!

Cheers,

Bob-C

Hi everyone, IMVHO, the decline will continue into OPEX week. i.e., Monday and/or Tuesday, and will possibly roller-coaster with lower highs and lower lows into the OPEX close on Friday, August 17, 2007.

Cheers,

Bob-C

Edited by Bob-C, 09 August 2007 - 06:45 AM.

[rkd80]

Hey Bob-C,

You think that this decline has the potential to form lower lows on the market? Given the internals bottoming last week, this could just be the pull-back the bulls need to forge higher highs in weeks to come. Why do you believe that this decline has the potential to be MORE than just a bottom re-test?

Hi everyone, IMVHO, the lightning jam job in the last 20 minutes was for the purpose of giving assurance to the public and traders through operant conditioning that every dip should be bought and that everything is just fine. The EOD ramp up was IMHO, also used to regurgitate, i.e., distribute, the inventory that they took in on the 200 point drop during the last hour of trading and then to sell short preparatory to the next decline.. By clearing out the sellers they are now able to drop the market like a hot knife through butter; LOB!!!

Have a happy and successful trading day!

Bob-C

Hi everyone,see the following "Mortgage Liquidity" charts and reports on lenders courtesy of Credit Suisse posted on www.recharts.com, they are very shocking and eye-opening!

Cheers,

Bob-C

Hi everyone, IMVHO, the decline will continue into OPEX week. i.e., Monday and/or Tuesday, and will possibly roller-coaster with lower highs and lower lows into the OPEX close on Friday, August 17, 2007.

Cheers,

Bob-C

[Bob-C]

Hey Bob-C,

You think that this decline has the potential to form lower lows on the market? Given the internals bottoming last week, this could just be the pull-back the bulls need to forge higher highs in weeks to come. Why do you believe that this decline has the potential to be MORE than just a bottom re-test?

Hi everyone, IMVHO, the lightning jam job in the last 20 minutes was for the purpose of giving assurance to the public and traders through operant conditioning that every dip should be bought and that everything is just fine. The EOD ramp up was IMHO, also used to regurgitate, i.e., distribute, the inventory that they took in on the 200 point drop during the last hour of trading and then to sell short preparatory to the next decline.. By clearing out the sellers they are now able to drop the market like a hot knife through butter; LOB!!!


Have a happy and successful trading day!


Bob-C

Hi everyone,see the following "Mortgage Liquidity" charts and reports on lenders courtesy of Credit Suisse posted on www.recharts.com, they are very shocking and eye-opening!

Cheers,

Bob-C

Hi everyone, IMVHO, the decline will continue into OPEX week. i.e., Monday and/or Tuesday, and will possibly roller-coaster with lower highs and lower lows into the OPEX close on Friday, August 17, 2007.

Cheers,

Bob-C

Hi rkd80, nice to hear from you. I stated my reasons in my comments above in this post that you quoted. As I stated in many previous posts over the years, IMVHO, all worldwide stock ,bond, and currency, commodity markets etc. are merchandising operations. IMHO, yesterday's wild swings were simply part of SOP (standard operating procedure) merchandising operations, everything else from the media talking heads and their Wall Street investment-house and banking cronies is all smoke and mirrors designed to mislead in the same way as prestidigitators using legerdemain work the audiences.

Good luck on your trades and TMAR (Take the Money and Run)!

Bob

Edited by Bob-C, 09 August 2007 - 07:35 AM.

[rkd80]

Ahh, ok so you are operating from a more long-term position. I guess I was more interested in the ST outlook.

I am short, so I dont want to TMAR!

Hey Bob-C,

You think that this decline has the potential to form lower lows on the market? Given the internals bottoming last week, this could just be the pull-back the bulls need to forge higher highs in weeks to come. Why do you believe that this decline has the potential to be MORE than just a bottom re-test?

Hi everyone, IMVHO, the lightning jam job in the last 20 minutes was for the purpose of giving assurance to the public and traders through operant conditioning that every dip should be bought and that everything is just fine. The EOD ramp up was IMHO, also used to regurgitate, i.e., distribute, the inventory that they took in on the 200 point drop during the last hour of trading and then to sell short preparatory to the next decline.. By clearing out the sellers they are now able to drop the market like a hot knife through butter; LOB!!!


Have a happy and successful trading day!


Bob-C

Hi everyone,see the following "Mortgage Liquidity" charts and reports on lenders courtesy of Credit Suisse posted on www.recharts.com, they are very shocking and eye-opening!

Cheers,

Bob-C

Hi everyone, IMVHO, the decline will continue into OPEX week. i.e., Monday and/or Tuesday, and will possibly roller-coaster with lower highs and lower lows into the OPEX close on Friday, August 17, 2007.

Cheers,

Bob-C

Hi rkd80, nice to hear from you. I stated my reasons in my comments above in this post that you quoted. As I stated in many previous posts over the years, IMVHO, all worldwide stock ,bond, and currency, commodity markets etc. are merchandising operations. IMHO, yesterday's wild swings were simply part of SOP (standard operating procedure) merchandising operations, everything else from the media talking heads and their Wall Street investment-house and banking cronies is all smoke and mirrors designed to mislead in the same way as prestidigitators using legerdemain work the audiences.

Good luck on your trades and TMAR (Take the Money and Run)!

Bob

[Bob-C]

Ahh, ok so you are operating from a more long-term position. I guess I was more interested in the ST outlook.

I am short, so I dont want to TMAR!

Hey Bob-C,

You think that this decline has the potential to form lower lows on the market? Given the internals bottoming last week, this could just be the pull-back the bulls need to forge higher highs in weeks to come. Why do you believe that this decline has the potential to be MORE than just a bottom re-test?

Hi everyone, IMVHO, the lightning jam job in the last 20 minutes was for the purpose of giving assurance to the public and traders through operant conditioning that every dip should be bought and that everything is just fine. The EOD ramp up was IMHO, also used to regurgitate, i.e., distribute, the inventory that they took in on the 200 point drop during the last hour of trading and then to sell short preparatory to the next decline.. By clearing out the sellers they are now able to drop the market like a hot knife through butter; LOB!!!


Have a happy and successful trading day!


Bob-C

Hi everyone,see the following "Mortgage Liquidity" charts and reports on lenders courtesy of Credit Suisse posted on www.recharts.com, they are very shocking and eye-opening!


Have a great day1

Bob-C

Hi everyone, IMVHO, the decline will continue into OPEX week. i.e., Monday and/or Tuesday, and will possibly roller-coaster with lower highs and lower lows into the OPEX close on Friday, August 17, 2007.

Cheers,

Bob-C

Hi rkd80, nice to hear from you. I stated my reasons in my comments above in this post that you quoted. As I stated in many previous posts over the years, IMVHO, all worldwide stock ,bond, and currency, commodity markets etc. are merchandising operations. IMHO, yesterday's wild swings were simply part of SOP (standard operating procedure) merchandising operations, everything else from the media talking heads and their Wall Street investment-house and banking cronies is all smoke and mirrors designed to mislead in the same way as prestidigitators using legerdemain work the audiences.

Good luck on your trades and TMAR (Take the Money and Run)!

Bob

Hi rkd80, I always take a gestalt big-picture approach in addition to a micro analytic approach when trading VST, ST, IT, and LT. IMVHO, there are only four operative words needed to describe how all worldwide markets function: accumulation, distribution, short selling, and short covering which are all part of the daily merchandising SOP.

Cheers,

Bob-C.