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99er wrote:Just woke up from a nap...
SPX http://99ercharts.blogspot.com/2012/01/spx_3342.html
Dreaming of Butterflies.
soybeans and corn are main ingredients in the majority of animal feed. more people, more protein eating population, more fast food joints, more such ags are needed...prices go up.Al_Dente wrote:Speaking of blabbing too much, here’s a POP QUIZ, circle one
Why is ag one of the strongest sectors today? (DBA)
a) because soybeans are good for you
b) because Dennis Gartman said so
c) because these market are all wacky
http://www.youtube.com/watch?v=AW6NVcqc ... re=related
I should be but not on the last wave down, don't want to risk truncation. Per TA, I think it has room to hit 40 on the first wave up. It's tough to predict how well it will correlate to the VIX exactly but the vix has another 2-3 points to go lower before it pops. The idea of getting in on TVIX in time for a correction is pretty damn exciting but I do realize that may be oddwaverider wrote:Why are you short TVIX?CognitiveDissonance wrote:I am loving the VIX dropping along with TVIX following suit
i say c but there was probably a crop report or crazy weather somewhere or something this morning....jarbo456 wrote:soybeans and corn are main ingredients in the majority of animal feed. more people, more protein eating population, more fast food joints, more such ags are needed...prices go up.Al_Dente wrote:Speaking of blabbing too much, here’s a POP QUIZ, circle one
Why is ag one of the strongest sectors today? (DBA)
a) because soybeans are good for you
b) because Dennis Gartman said so
c) because these market are all wacky
http://www.youtube.com/watch?v=AW6NVcqc ... re=related
and other reasons...
sorry...totally misread your thing. i don't know but /CC was a good buy last night...stucap wrote:i say c but there was probably a crop report or crazy weather somewhere or something this morning....jarbo456 wrote:soybeans and corn are main ingredients in the majority of animal feed. more people, more protein eating population, more fast food joints, more such ags are needed...prices go up.Al_Dente wrote:Speaking of blabbing too much, here’s a POP QUIZ, circle one
Why is ag one of the strongest sectors today? (DBA)
a) because soybeans are good for you
b) because Dennis Gartman said so
c) because these market are all wacky
http://www.youtube.com/watch?v=AW6NVcqc ... re=related
and other reasons...
Thanks Cobra, any thought on AA earnings?Cobra wrote:still not look bad.
Silver, since last week.jarbo456 wrote:alright, who's holding short overnight?
Today's consolidation has come on the lowest NYSE volume of the last 5 days. Amazing! SPY won't even break 100 million shares today.Cobra wrote:still not look bad.
Today's consolidation has come on the lowest NYSE volume of the last 5 days. Amazing! SPY won't even break 100 million shares today.Cobra wrote:still not look bad.
QQQ is super weak, Cougar hit it dead on friday. I amjarbo456 wrote:alright, who's holding short overnight?