03/16/2013 Weekend Update

[johnnywa]

Why would you long without even looking to see what charts are saying after open?You have no idea how intense selling would be at this point

[Unique]

Well this is disappointing, order still isn't filled

Come to papa 1532.5

I don't know why you are trying to go long when this thing could get real ugly fast. Remember that Bulls graze and Bears gobble.

Just trying to make some quick money here man with an OCO order. Risk 2 handles for 10 or 5 handles on the oversold bounce? No worries

What I really want to do after the oversold bounce is to short ES till 1520 or lower swing if conditions are right in the morning, but that's a whole lotta assumptions

Remember, extreme RSI signals are good signals for a counter trade with a tight stop..that's how I try to make fast money.

[Out of Bounds]

I'm sorry if this sounds stupid, I don't pretend to understand international finance and global economies but, if there is serious worry about the Eurozone, and with a strengthening dollar, aren't U.S. Equities going to be, at least an interim safe haven? This pull back, should get bough up, a catalyst to send the U.S. market much higher? Where is the money going to go if not $ backed securities?

Actually, if you think they are scared and need to put money somewhere then US Treasuries is safe haven not US stocks.

Much more succinctly than I put it.

Thanks.

/zb is up 1%+ and /zn is up 0.5%+. Looks heading into safe haven as usual.

It won't matter!


This is why we have no real growth.

Here it is :

[Cobra]

well, got to go sleep now. in order to confirm a double bottom, bulls need breakout above the short blue line. Don't know if bulls can do that as right now still they need defend the wide blue line support below which looks about to break...

[Out of Bounds]

well, got to go sleep now. in order to confirm a double bottom, bulls need breakout above the short blue line. Don't know if bulls can do that as right now still they need defend the wide blue line support below which looks about to break...

G'night Cobra.
Get some sleep, we all need you to be fresh tomorrow.

[Cobra]

well, got to go sleep now. in order to confirm a double bottom, bulls need breakout above the short blue line. Don't know if bulls can do that as right now still they need defend the wide blue line support below which looks about to break...

G'night Cobra.
Get some sleep, we all need you to be fresh tomorrow.

Thanks. bye.

[johnnywa]

well, got to go sleep now. in order to confirm a double bottom, bulls need breakout above the short blue line. Don't know if bulls can do that as right now still they need defend the wide blue line support below which looks about to break...

Cobra .thanks for posting tonight,very much appreciated

[johnnywa]

Just broke 1533,where is next R?

[Unique]

Just broke 1533,where is next R?

1530 next support

[Out of Bounds]

Well this is disappointing, order still isn't filled

Come to papa 1532.5

I don't know why you are trying to go long when this thing could get real ugly fast. Remember that Bulls graze and Bears gobble.

Just trying to make some quick money here man with an OCO order. Risk 2 handles for 10 or 5 handles on the oversold bounce? No worries

What I really want to do after the oversold bounce is to short ES till 1520 or lower swing if conditions are right in the morning, but that's a whole lotta assumptions

Remember, extreme RSI signals are good signals for a counter trade with a tight stop..that's how I try to make fast money.

OK, gotcha. I do the same thing. When i am short and the bull is yanking me by the short curlies, I often swing back and do a 2 minute trade to mitigate losses.

I trust your trade went through.
If we hold these levels, I'm getting a bigger boat!

[Unique]

Well this is disappointing, order still isn't filled

Come to papa 1532.5

I don't know why you are trying to go long when this thing could get real ugly fast. Remember that Bulls graze and Bears gobble.

Just trying to make some quick money here man with an OCO order. Risk 2 handles for 10 or 5 handles on the oversold bounce? No worries

What I really want to do after the oversold bounce is to short ES till 1520 or lower swing if conditions are right in the morning, but that's a whole lotta assumptions

Remember, extreme RSI signals are good signals for a counter trade with a tight stop..that's how I try to make fast money.

OK, gotcha. I do the same thing. When i am short and the bull is yanking me by the short curlies, I often swing back and do a 2 minute trade to mitigate losses.

I trust your trade went through.
If we hold these levels, I'm getting a bigger boat!

I filled, going to sleep. Night guys, see u in the AM

[Out of Bounds]

Well this is disappointing, order still isn't filled

Come to papa 1532.5

I don't know why you are trying to go long when this thing could get real ugly fast. Remember that Bulls graze and Bears gobble.

Just trying to make some quick money here man with an OCO order. Risk 2 handles for 10 or 5 handles on the oversold bounce? No worries

What I really want to do after the oversold bounce is to short ES till 1520 or lower swing if conditions are right in the morning, but that's a whole lotta assumptions

Remember, extreme RSI signals are good signals for a counter trade with a tight stop..that's how I try to make fast money.

OK, gotcha. I do the same thing. When i am short and the bull is yanking me by the short curlies, I often swing back and do a 2 minute trade to mitigate losses.

I trust your trade went through.
If we hold these levels, I'm getting a bigger boat!

I filled, going to sleep. Night guys, see u in the AM

Good night. I'm probably not far behind you. Figuratively, of course.

[user13]

/zb is up 1%+ and /zn is up 0.5%+. Looks heading into safe haven as usual.[/quote]
It won't matter!


This is why we have no real growth.[/quote]


Here it is :



[/quote]

Do you think you can explain more of how you think the slowing velocity will play out?

[kenttown]

Why would you long without even looking to see what charts are saying after open?You have no idea how intense selling would be at this point

The thing to watch for is bank runs across EU. The slightest hint of a run will put 1987 in the shade.

[kenttown]

Greenspan does it again. This is a must read:

http://www.zerohedge.com/news/2013-03-1 ... 0%99s-fate

[Out of Bounds]

/zb is up 1%+ and /zn is up 0.5%+. Looks heading into safe haven as usual.

It won't matter!


This is why we have no real growth.[/quote]


Here it is :



[/quote]

Do you think you can explain more of how you think the slowing velocity will play out?[/quote]

Do you mind if i respond tomorrow? Please Pm me to remind me. Thanks.

[johnnywa]

1530 now broken

[TWT]

$DX_F: So far no higher high

[TWT]

$EURUSD: No contagion fears if the 200 dma holds

[TWT]

$DAX: I maintain my preferred count = This is a wave (B) pullback