03/27/2014 Live Update

[MrMiyagi]

iwm

[Cobra]

good bull bar at key point, interesting. bears over? need follow thought of course.

[champix]

Nice divergence beetween Europe and US since March-25th !
Dax +1.5% and SPI -1.5%... 3% difference... ECB is more flexible regarding european QE...

[gappy]

Capture.PNG

http://www.ingoldwetrust.ch/minutes-of- ... -gold-1974

[ALdaytrade]

The market is saying something.

Let me translate it for you.


VOTE OF NO CONFIDENCE (for Yellen and the new Fed team).

And please .... no personal attacks from crybabies ... I just call 'em as I sees 'em.

Let it go. You are trying to blame this market correction on only one aspect of the overall economic situation. You must be on the wrong side of the trade, as many are making good $$$ being short at the moment. Are you not hedging your position?

Who was it that said, "you are making my ears bleed!" I must have laughed for several minutes over this. That statement was right on!

[Nrsimha]

Capture.PNG

http://www.ingoldwetrust.ch/minutes-of- ... -gold-1974

Nice.

[Nrsimha]

Off-Topic:

Presented without comment.

[KENA]

Ifff The mkt can close the month below the dec low of 1768 this will be good for the bears.( the fed may not let this happen) Lets see.

[Cobra]

possible double bottom. wait.

[Xian]

The market is saying something.

Let me translate it for you.


VOTE OF NO CONFIDENCE (for Yellen and the new Fed team).

And please .... no personal attacks from crybabies ... I just call 'em as I sees 'em.

What kind of imbecile says "no personal attacks" then calls people "crybabies" in the same sentence?

Can't even lurk without this idiot blathering all day long.

[Al_Dente]

old news, this morn
bad GDP = 2.6% vs estimates 2.7%
bad Pending-Home Sales -0.8% vs estimates +0.3%
C failed stress test, ouch, all C has to do is revise their capital plan and re-submit it to the FED

[tsf]

Recent posts today by Heck, Nrsimha, MrMiyagi
seem to be consisistent with flumachu's forecasts of market directions based on POMO,
i.e. $SPX 1876 by March 31.

My thanks to all of you



flumanchu wrote:
Here's projection from the weekend (1876 at March 31):

Fri, Mar 21, 2014 Mon, Mar 24, 2014 Outright Treasury Coupon Purchases 02/15/2036 - 02/15/2044 $1.00 - $1.25 billion --> -6 -> 1860
Mon, Mar 24, 2014 Tue, Mar 25, 2014 Outright Treasury Coupon Purchases 11/15/2024 - 02/15/2031 $0.50 - $0.75 billion --> -10 -> 1850
Tue, Mar 25, 2014 Wed, Mar 26, 2014 Outright Treasury Coupon Purchases 02/15/2036 - 02/15/2044 $1.00 - $1.25 billion -> -6 -> 1844
Wed, Mar 26, 2014 Thu, Mar 27, 2014 Outright Treasury Coupon Purchases 05/15/2021 - 02/15/2024 $2.25 - $2.75 billion -> +10 -> 1854
Thu, Mar 27, 2014 Fri, Mar 28, 2014 Outright Treasury Coupon Purchases 12/31/2018 - 11/30/2019 $3.75 - $4.50 billion --> +28 -> 1882
Fri, Mar 28, 2014 Mon, Mar 31, 2014 Outright Treasury Coupon Purchases 02/15/2036 - 02/15/2044 $1.00 - $1.25 billion -> -6 -> 1876

$1.8 billion / day needed to hold the market even.

From last Friday, we started at 1866.
Today, we ended at 1852 or -14 points (1.4 billion).

So, 1.8 (needed to keep it even) * 3 days = 5.4 billion to hold market even.
5.4 - 1.4 billion (-14 points) = 4.0 billion
=> 4.0 billion used up so far from above.
That would get us thru Wed and .75 from Thur.

Here's projection based on what's been used so far:

That leaves Thur with $2.0 billion -> projection would be 1854
and Fri with $4.5 billion -> projection would be 1882
and Mon with $1.25 billion. -> projection would be 1876

Tomorrow could be very interesting.

If they do not use the Thur POMO and let this fall further tomorrow, then more POMO would be available for Fri/Mon. So then Fri/Mon should be up big (there's enough POMO to get to 1876 by Monday).


Projection is 1876 for March 31, and appr 1790 for End of April - all based on POMO.


.



<< So, 1.8 (needed to keep it even) * 3 days = 5.4 billion to hold market even. >>

[Out of Bounds]

The market is saying something.

Let me translate it for you.


VOTE OF NO CONFIDENCE (for Yellen and the new Fed team).

And please .... no personal attacks from crybabies ... I just call 'em as I sees 'em.

What kind of imbecile says "no personal attacks" then calls people "crybabies" in the same sentence?

Can't even lurk without this idiot blathering all day long.

That kind of imbecile!
I'm putting him on ignore.

[gappy]

Capture.PNG

http://www.ingoldwetrust.ch/minutes-of- ... -gold-1974

Nice.

Nothing new under the sun,eh.

[kongen]

Nrshima is very subtle. Now comparing Obama to Hitler.

[gappy]

[quote="tsf"]Recent posts today by Heck, Nrsimha, MrMiyagi
seem to be consisistent with flumachu's forecasts of market directions based on POMO,
i.e. $SPX 1876 by March 31.

My thanks to all of you



flumanchu wrote:
Here's projection from the weekend (1876 at March 31):



Tomorrow could be very interesting.

fred.PNG

Definition of 'Monetary Base'
The total amount of a currency that is either circulated in the hands of the public or in the commercial bank deposits held in the central bank's reserves. This measure of the money supply typically only includes the most liquid currencies.

[BullBear52x]

Target cash SPX 50 dma, if not today then tomorrow, my short term indicators confirmed bearish trend. the reaction at 50 dma will determine the faith of bulls or bears alike.

Intraday = sell.

[MrMiyagi]

Nrshima is very subtle. Now comparing Obama to Hitler.

Adolf Hitler = 11 letters
Barack Obama = 11 letters

!!!!!OMG!!!!!

[ALdaytrade]

old news, this morn
bad GDP = 2.6% vs estimates 2.7%
bad Pending-Home Sales -0.8% vs estimates +0.3%
C failed stress test, ouch, all C has to do is revise their capital plan and re-submit it to the FED

But on all of this data, we should be down more than we are.

[BullBear52x]

See the alignment of mid to long term entry set up.Bearish!