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06/08/2016 Live Update

sleeman
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Re: 06/08/2016 Live Update

Post by sleeman »

come on...where is that pensioner listening to CNBC and Yellen ...buy that last stock and be the last bull of 2016
uempel
Posts: 8685
Joined: Tue Feb 15, 2011 6:38 am

Re: 06/08/2016 Live Update

Post by uempel »

Of course, breakouts like this can be a trap. But considering the bearish sentiment here in Cobra's forum the breakout might be for real :lol:
hztre.png
Last edited by uempel on Wed Jun 08, 2016 2:14 pm, edited 1 time in total.
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wanteasymoney
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Re: 06/08/2016 Live Update

Post by wanteasymoney »

They read too much lol :mrgreen:
fehro
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Re: 06/08/2016 Live Update

Post by fehro »

SPX slippage.. VIX creeping..
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Screen Shot 2016-06-08 at 11.09.58 AM.png
Trades with cats
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Re: 06/08/2016 Live Update

Post by Trades with cats »

From a trading view this election will be brutal for the 401k investors. You know both sides are going to claim the other one will nuke the economy.

New post from the game theory guy this week in total disagreement with my view. http://www.salientpartners.com/epsilon- ... -and-time/He says Larry Summers and the rest of the Keynesians are in the media (he lists the four sources of market media as Wall Street Journal, Financial Times, CNBC and another network I cant remember) saying that who ever wins we will have a "free" infrastructure boom rebuilding America. It's free because it is investment in the future which is different from "shovel ready" or "ghost cities". His point is that this is what everybody is thinking everybody is thinking so that is the new source of market optimism, that sometime soon fiscal policy will levitate the economy.
Trades with cats
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Re: 06/08/2016 Live Update

Post by Trades with cats »

Too busy counting the number of times ES 2115 has been crossed today to read anything new :lol:
sleeman
Posts: 246
Joined: Thu May 12, 2016 4:07 pm

Re: 06/08/2016 Live Update

Post by sleeman »

Trades with cats wrote:From a trading view this election will be brutal for the 401k investors. You know both sides are going to claim the other one will nuke the economy.

New post from the game theory guy this week in total disagreement with my view. http://www.salientpartners.com/epsilon- ... -and-time/He says Larry Summers and the rest of the Keynesians are in the media (he lists the four sources of market media as Wall Street Journal, Financial Times, CNBC and another network I cant remember) saying that who ever wins we will have a "free" infrastructure boom rebuilding America. It's free because it is investment in the future which is different from "shovel ready" or "ghost cities". His point is that this is what everybody is thinking everybody is thinking so that is the new source of market optimism, that sometime soon fiscal policy will levitate the economy.

I read this guy too. Been focusing on next week with game theory. Thus with TLT surpassing Feb highs (thanks Fehro), this gets me thinking, perhaps the FED will have no choice but to raise on the 15th to retain/regain whatever last remnants of credibility it may salvage from markets.
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BullBear52x
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Re: 06/08/2016 Live Update

Post by BullBear52x »

I am out da here.Peace!
My comments are for entertainment/educational purpose only. NOT a trade advice.
Trades with cats
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Re: 06/08/2016 Live Update

Post by Trades with cats »

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wanteasymoney
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Re: 06/08/2016 Live Update

Post by wanteasymoney »

I already see news record high lets do it bulls all on same boat
K447
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Re: 06/08/2016 Live Update

Post by K447 »

sleeman wrote:... the last bull of 2016
There may some competition for that title ...
uempel
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Re: 06/08/2016 Live Update

Post by uempel »

Center line of red channel as next target :geek:
huztr.png
fehro
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Re: 06/08/2016 Live Update

Post by fehro »

resistance.. SPX . new YTD highs.. 2120.55.. ATH 2132.82
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Screen Shot 2016-06-08 at 11.51.54 AM.png
uempel
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Re: 06/08/2016 Live Update

Post by uempel »

fehro wrote:resistance.. SPX . new YTD highs.. 2120.55.. ATH 2132.82
SPX: all time high was 2134.72, May last year.
brokebybernacke2
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Joined: Wed Sep 21, 2011 10:10 am

Re: 06/08/2016 Live Update

Post by brokebybernacke2 »

uempel wrote:Center line of red channel as next target :geek:
huztr.png
I like that target, above there will be, with new high, possible bull trap, so will lighten up a bit then...
fehro
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Re: 06/08/2016 Live Update

Post by fehro »

uempel wrote:
fehro wrote:resistance.. SPX . new YTD highs.. 2120.55.. ATH 2132.82
SPX: all time high was 2134.72, May last year.
yup… thanks! 52w hi was my post
Last edited by fehro on Wed Jun 08, 2016 3:01 pm, edited 1 time in total.
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Out of Bounds
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Re: 06/08/2016 Live Update

Post by Out of Bounds »

Obviously Snog has stayed green.
No matter, I'm seeing some overbought action so I am
Short 2019 <- Heavy
...
fehro
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Re: 06/08/2016 Live Update

Post by fehro »

SPX still potential for red close.. insane I know..
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Wallstreetrader
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Re: 06/08/2016 Live Update

Post by Wallstreetrader »

Hi Everyones

Will reverse my big longs contrats to big big shorts gl and don't ignore what you see trade it, cya later ... :ugeek:

... not expect to much sell on these week around 2100, but for the next week yes count with it so be strategic positioned ;) is a good entry point.
sleeman
Posts: 246
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Re: 06/08/2016 Live Update

Post by sleeman »

Trades with cats wrote:[imghttp://www.zerohedge.com/sites/default/files/i ... MFAO_0.jpg][/img]

Image

Epsilon: What you think about the market doesn’t matter. What everyone thinks about the market (the consensus) doesn’t matter. What matters is what everyone thinks that everyone thinks about the market,

Divergence has reached extremes (incl this board) and a direction will be taken. Next week shall decide that. Bulls believe in a continuation of Fed Credibility and have faith in this policy controlled market. Bears can't tear themselves away from fundamentals. The Fed itself has only its own credibility, and the credibility of Central bank cooperation, and they must do everything to maintain it. Exogenous factors will put pressure on that credibility however the single most important factor its is own survival. If this market can not take more upside, the Fed must still show a semblance of control on the downside. Fed is cornered and its all about what we think, that we all think , that the market thinks, of this unorthodox credit given to central bank policy if its in control or not in control.
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