Damn.... look at them futures... if it opens like that there won't be a bear to be found.
that may sideline me today...
Thursday, April 30, 2009
Morning
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2009
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April
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- Recap
- U2 Red Hill Mining Town
- swine flu symtoms
- SO....
- A list of shit "Everybody Knows"
- AUTOs
- OK...
- pick the close
- and of course
- pull back
- if that H&S holds.....there is still the chance of...
- through more support
- GET THIS ONE!!!!!
- I will shit
- No chart
- what I don't like
- Ticks and the charts
- segnificant tendlines in green and red..
- Trish Regan
- Kudlow says recovery in june
- ahhh trish
- hmmm
- com'on baby!!!
- ok... lets play
- lets see
- short panic
- chart
- Right up against the trade channel
- The moon
- Morning
- ZEEE trap
- bla bla bla charts
- where are we...
- hard to know
- nervous to point that out
- nice how we hit the trend line
- Lets see if we can get that left shoulder going....
- my prediction
- we have a small divergence
- *wink* Panic sets in
- panic at 87.60....
- Jack Berougian says
- the Elliot Waves on this move
- Notice how even the old trend lines...
- BULL trap... H&S
- Back at it.
- just a chart...
- arlen spector
- I didn't mention it
- there are a couple michelle bachman websites..
- Poe- hello
- Peaches - set it off
- The Fall and Rise of Reginald Perrin
- daytraders as bagholders
- OMG yank sell off
- Some stuff
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- bla bla bla
- Ughhhh part 2
- Val kilmer is going ot run for Gov of New Mexico
- as per the market horror show....
- pain in the ass
- so
- well
- Serb eats own finger in wage protest
- As we talked yesterday...
- dalai lama and the economy
- most dangerous words in the market
- I tried to post a chart... but there is some kind ...
- ok... some stuff
- umnnn
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- Dome
- hmmm
- I'll regret this
- chart of a thousand lines
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- futures
- SO....
- Now that we have meditated
- Harshing My Mello
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- sentiment
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- just to keep it simple
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- nice Flag setup here.
- Momentum high
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April
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8 comments:
Sideline? You're net long, right?
I'm flat... I've been taking small trades every once in a while.
They are saying "everyone back in the pool on T.V."
If we can push below that green line I may short a bit...
Rick is very bearish.... and may just represent a broad number of bearish people.
When we get through Aversion phase(like next Nov), that is when I'll be net long. Till then... I'll trade as I can.
There is no wedge etc... on the chart.... point being no sign of reversal... except building bullish sentiment.
T-lo... says Pass fail... not sure what that means except we are going one way or the other.
50% chance of head-fake, bull trap?
Who's Rick? Santelli?
I have indicators that suggest we go 200pts higher in this swing, and higher than yesterday's high... Or so.
so, if that is a Pass, then my indicators say we move up.
We may move up that 200 pts and come back to this level and retest the resistance, here.
but sentiment... this feels like "We are going to the moon", and that this should be a Bull trap... But if we are doing Pass/Fail, I think we pass.
So... I'm scratching my head...
Like I've said, even if we pull back, it won't be far. maybe 100spx points or so...
But it also seems unanimous... we have bottomed... and usually once we know that... It's too late.
I guess all I can say is go short below yesterday's end of day low.
we could easily have a mid day Top, and sell off into the close... "shooting star".
that fucker Carter worth, says range bound... makes me think we go higher.
and I thing for all the bullishness, I see some hidden people on blogs who are short... and are holding the rick santelli/Trading With TK line, It's possible these crazy "Wingnut" Right wingers, are playing politics with their shorts...
I keep being worried about TK.... just a side note..
I wish I could give you answers... All I can do at this point is look for setups..
Hey, that seems reasonable for set-ups. Predictions are overrated.
This gap could fade, or it could go to the moon. By the "moon", it seems like you're saying SPX 900 or 910 by my estimate of what you're saying.
I like your green line; it looks like a good line in the sand. The bears are becoming bulls one at a time.
TK... yeah I was thinking about him too recently. I hope he's okay healthwise.
I think he realized he got Chumped by the market.... Hard to face... with a blog...
My vote is against the gap fade... and Pro the 11am market fade...
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