01/29/2014 Live Update

[Cobra]

show time. the first 2 moves usually are fake.

[MrMiyagi]

lots of them here.

Interesting...

[champix]

FED: $10b taper, -$5b Tsys to $35b and -$5b MBS to $30b in Feb;
keeps all other terms (reinvest, 0-1/4% FF, unemply above 6.5%, infl
2.5%). Will closely monitor incoming info, says econ has 'picked up' and
labor mkt 'more nearly balanced.' Will likely reduce in measured steps
ahead. Tsys buys to be same distribution; MBS centered in newly
issued; RRP program extended thru Jan 2015 and amount expanded to $5b
per operation. Vote 10-0, Pianalto attending.

[KeiZai]

Taper So what now? new low - bear trap and squeeze? or just squeeze?

[MrMiyagi]

Taper So what now? new low - bear trap and squeeze? or just squeeze?

Give it 5 minutes (or less) and then toilet flush...

[Cobra]

is this 2nd move or 3rd move?

[Al_Dente]

Unanimous
No surprises
The full redlined/bluelined text is in:
http://www.zerohedge.com/news/2014-01-2 ... 10-billion

[Al_Dente]

is this 2nd move or 3rd move?

I think 2nd second

[KeiZai]

Taper So what now? new low - bear trap and squeeze? or just squeeze?

Give it 5 minutes (or less) and then toilet flush...

Yep that's what I would expect and I think everyone so it smells with the trap a bit but who knows so let's see

[MrMiyagi]

SPX is fighting but I think it will lose.

[Cobra]

no idea if it'd reverse up. I'm neutral. wait for the dust to clear itself.

[BullBear52x]

Taper So what now? new low - bear trap and squeeze? or just squeeze?

Give it 5 minutes (or less) and then toilet flush...

Yep that's what I would expect and I think everyone so it smells with the trap a bit but who knows so let's see

selling is strong on Up/Dn Vol., see $NYAD/MO is not bull friendly either.

[Al_Dente]

3rd was bear that just broke double bottom
tick -1000

[Cobra]

may see rebound here first though.

[wayne0708]

So that third move is real?

[fehro]

VIX not making new highs as SPX makes new interday lows...

[KeiZai]

Taper So what now? new low - bear trap and squeeze? or just squeeze?

Give it 5 minutes (or less) and then toilet flush...

Yep that's what I would expect and I think everyone so it smells with the trap a bit but who knows so let's see

selling is strong on Up/Dn Vol., see $NYAD/MO is not bull friendly either.

If I were a robot I would buy here based on charts but not going to do it because I am not

[gappy]

Capture.PNG

[Nrsimha]

Retest 178.00 and then flush hard?

[wayne0708]

rebound now?