L_T wrote:Stock up on your Twinkies while you can (Friday morning humor)...... (although not so humorous for the workers being let go)
Twinkies maker Hostess going out of business
Nearly 18,500 workers will lose their jobs as the company succumbs to the crippling effects of a nationwide union strike.
Catalyst for a failure or bounce may come out of the white house
Cliff dwellers are scheduled to meet soon to see if they can compromise on some kind of “small package”
Please post the minute u hear something concrete
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Al_Dente wrote:Catalyst for a failure or bounce may come out of the white house
Cliff dwellers are scheduled to meet soon to see if they can compromise on some kind of “small package”
Please post the minute u hear something concrete
Thanksgiving is a week away. But if you want to take advantage of one of the more successful trades of the last decade, you'll have to act tomorrow.
Here's a table of the returns for each year:
Al_Dente wrote:Catalyst for a failure or bounce may come out of the white house
Cliff dwellers are scheduled to meet soon to see if they can compromise on some kind of “small package”
Please post the minute u hear something concrete
Market Neutral.
My signals remain bearish.
NYMO oversold conditions are getting more oversold, which they can keep doing.
However, another weak day would bring a short duration NYMO buy setup into play for me beginning of next week.
If we start today weak (looks that way) and get a rip into the close, I may call an audible on this one.
the low has been tested 4 times, I don't think it'd hold. not good.
Attachments
Like to read more of my commentaries? Please subscribe my Daily Market Report. Subscribers can find all the members only posts HERE. StockCharts members, please vote for me HERE, thanks.
I think what scares me the most is everyone here appears to be wanting to buy the dip. That tells me the flush might not have come yet. Nobody has thrown in the towel...
This is very powerful guys don´t want to sound bearish, but if market will not bounce strong today MINIMUM target can be 1200 and bounce is not looking good at all
My satisfaction always came from beating the market, solving the puzzle. The money was the reward, but it was not the main reason I loved the market (Jess Livermore)
rc1269 wrote:I think what scares me the most is everyone here appears to be wanting to buy the dip. That tells me the flush might not have come yet. Nobody has thrown in the towel...
They're waiting for everyone to short. Then we rally
KeiZai wrote:This is very powerful guys don´t want to sound bearish, but if market will not bounce strong today MINIMUM target can be 1200 and bounce is not looking good at all
You sound like GS, prediction 1250 for the year 2012.
Like to read more of my commentaries? Please subscribe my Daily Market Report. Subscribers can find all the members only posts HERE. StockCharts members, please vote for me HERE, thanks.