Edited by ogm, 22 August 2007 - 05:05 PM.
What did I miss ? Why are the futures jamming ?
Started by
ogm
, Aug 22 2007 05:03 PM
9 replies to this topic
#1
ogm
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Posted 22 August 2007 - 05:03 PM
Seriosuly, though..... I see ES took off 7 points.
hmm. +9 already. After hours rate cut , or some bears finaly figuring it out ?
#2
btrade
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Posted 22 August 2007 - 05:09 PM
Bank of America putting major funds into Countrywide Financial. Lenders are up big!
#3
hiker
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Posted 22 August 2007 - 05:10 PM
SPY is now trading tonight above the 20week ema
ah high so far is 147.80
I was stopped out for 18 cent loss on SPY short entered near the end of regular session...flipped long there near 146.90 and just now closed long. a move above the 20week ema with follow through will get the attention of bulls AND bears if occurs in regular session.
#4
btrade
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Posted 22 August 2007 - 05:11 PM
http://www.marketwatch.com/Bank of America putting major funds into Countrywide Financial. Lenders are up big!
$2 Billion equity investment into CFC
#5
ogm
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Posted 22 August 2007 - 05:27 PM
Oh, thats pretty bullish 
Lets gap up.
Lets gap up.
#6
danzman
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Posted 22 August 2007 - 05:30 PM
Fun stuff. Just wait til we get three 25 basis point rate cuts over the coming months. Fed is
on the bull's side folks. The decline has been nicely contained. No bear comin as far as I
can tell at this time. I'm still long since June '06. My system has not even come close to
a sell...had to weather the Feb-March drop and this one...that's the life of a trader though.
http://www.tfc-charts.w2d.com/chart/FF
D
on the bull's side folks. The decline has been nicely contained. No bear comin as far as I
can tell at this time. I'm still long since June '06. My system has not even come close to
a sell...had to weather the Feb-March drop and this one...that's the life of a trader though.
http://www.tfc-charts.w2d.com/chart/FF
D
I don't make predictions, I just react.
#7
n83
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Posted 22 August 2007 - 05:42 PM
they should add CFC to ndx100 for max effect-g..really that would be nice
#8
ed rader
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Posted 22 August 2007 - 05:54 PM
Seriosuly, though..... I see ES took off 7 points.
hmm. +9 already. After hours rate cut , or some bears finaly figuring it out ?
OGM -- just please don't start adding "snort" to your posts or the red cramer bulls
.ed rader
#9
flyers&divers
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Posted 22 August 2007 - 06:26 PM
Interesting that it does not concern anyone (except SemiBizz) that the key ETF's are over extended and this upswing had decreasing volume from the bottom, a classic pullback in a daily downtrend.
keep your shirts on 
F&D
keep your shirts on
F&D
"Successful trading is more about Sun Tzu then Elliott." F&D
#10
ogm
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Posted 22 August 2007 - 06:41 PM
Interesting that it does not concern anyone (except SemiBizz) that the key ETF's are over extended and this upswing had decreasing volume from the bottom, a classic pullback in a daily downtrend.
F&D
I don't know about ETFs, but total volume on the Nasdaq today is more then yesterday... 1.8 bil vs 1.7 and breadth was much better.
So it looks like a broader advance on higher volume. Can't complain.
Same deal with NYSE.
Edited by ogm, 22 August 2007 - 06:45 PM.
