Petsamo
Posts: 3339 Joined: Thu Jun 30, 2011 2:22 pm
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by Petsamo » Wed Feb 08, 2012 12:24 pm
POT has a bounce. It's underbought
Twitter @jackwag0n
ballatines
Posts: 166 Joined: Fri Mar 04, 2011 10:53 am
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by ballatines » Wed Feb 08, 2012 12:25 pm
soku wrote: it's happening!!!
trying to def 1340 area which was the peak before the break out. i don't think it can hold. a better support is at 1330 area. (all points in es)
i am looking for the gap filled .. maybe not today but soon
taggard
Posts: 428 Joined: Wed Nov 02, 2011 12:52 pm
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by taggard » Wed Feb 08, 2012 12:25 pm
Petsamo wrote: IWM leading the way down
interesting huh?
Petsamo
Posts: 3339 Joined: Thu Jun 30, 2011 2:22 pm
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by Petsamo » Wed Feb 08, 2012 12:25 pm
IWM near yesterday's low
Twitter @jackwag0n
Petsamo
Posts: 3339 Joined: Thu Jun 30, 2011 2:22 pm
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by Petsamo » Wed Feb 08, 2012 12:26 pm
taggard wrote: Petsamo wrote: IWM leading the way down
interesting huh?
EWZ (Brazil) & ILF (Latin America) are not taking the sell off seriously
Twitter @jackwag0n
knurbs
Posts: 43 Joined: Wed Dec 07, 2011 5:35 pm
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by knurbs » Wed Feb 08, 2012 12:26 pm
"ECB not sure yet whether to contribute to the Greek debt restructuring"-Eurozone sources
Knurbs
BullBear52x
Posts: 29687 Joined: Tue Feb 22, 2011 3:47 pm
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by BullBear52x » Wed Feb 08, 2012 12:29 pm
waverider wrote: BullBear52x wrote: jimme wrote:
An event like this usually marks a market top.
I will keep shorting and be nimble until bears can take out 133 (SPY) if not a good swing set up will have to wait.
BB, putting DBV on elders system is an excellent idea, indeud!
TVIX is ripping, I'm back in the money
Thanks, high pressure on VIX, I don't trade TVIX but two legs down from 110 to 14 yike!
My comments are for entertainment/educational purpose only. NOT a trade advice.
Sleeperz
Posts: 72 Joined: Wed Jun 01, 2011 11:47 am
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by Sleeperz » Wed Feb 08, 2012 12:30 pm
However, early in U.S. trading, Dow Jones Newswires reported that the ECB may hold off on helping Greece until after other key elements of its ongoing debt negotiations fall into place.
”The market gets a bit ahead of itself each time a ‘breakthrough’ seems nigh, only to be disappointed, as the discussions are likely exceptionally messy with many moving parts,” said David Watt senior fixed income and currency strategist at RBC Capital Markets “However, the market does sense that something is going to be done and the euro is holding above $1.3234.
waverider
Posts: 863 Joined: Thu Aug 18, 2011 4:24 pm
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by waverider » Wed Feb 08, 2012 12:30 pm
TraderGirl wrote: Cobra wrote: TraderGirl wrote: Cobra wrote: the open.
Cobra, looks like we will sell the news today, what do you think??
I don't see sell yet. What's the news?
I guess it is a sell the news kind of day...Europe news?? Have we heard it yet? Or did we just meet time and price objectives...
The news is that the ECB is indecisive on whether or not to contribute to Greece's debt or not. SOS...
"The only way to get a real education in the market is to invest cash, track your trade, and study your mistakes"
-Jesse Livermore
KeiZai
Posts: 2827 Joined: Tue Nov 29, 2011 6:16 pm
Location: EUROPE
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by KeiZai » Wed Feb 08, 2012 12:34 pm
knurbs wrote: "ECB not sure yet whether to contribute to the Greek debt restructuring"-Eurozone sources
it depends from germans, next week they will try to approve it in parliament of course only in case that greece will agree with bailout
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)
ballatines
Posts: 166 Joined: Fri Mar 04, 2011 10:53 am
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by ballatines » Wed Feb 08, 2012 12:35 pm
waverider wrote: TraderGirl wrote: Cobra wrote: TraderGirl wrote: Cobra wrote: the open.
Cobra, looks like we will sell the news today, what do you think??
I don't see sell yet. What's the news?
I guess it is a sell the news kind of day...Europe news?? Have we heard it yet? Or did we just meet time and price objectives...
The news is that the ECB is indecisive on whether or not to contribute to Greece's debt or not. SOS...
do they have choice not to contribute!? it just imply default-possible for me if they saying that ...
Me XMan
Posts: 2014 Joined: Thu Feb 17, 2011 12:01 pm
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by Me XMan » Wed Feb 08, 2012 12:36 pm
I've got enough shorts now. Gonna sit and watch how low they gonna drop this market.
Petsamo
Posts: 3339 Joined: Thu Jun 30, 2011 2:22 pm
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by Petsamo » Wed Feb 08, 2012 12:39 pm
UNG, the contra-SPX
Twitter @jackwag0n
BullBear52x
Posts: 29687 Joined: Tue Feb 22, 2011 3:47 pm
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by BullBear52x » Wed Feb 08, 2012 12:40 pm
Be nimble bears, I see TRIN action is not so bearish, weird!
My comments are for entertainment/educational purpose only. NOT a trade advice.
waverider
Posts: 863 Joined: Thu Aug 18, 2011 4:24 pm
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by waverider » Wed Feb 08, 2012 12:40 pm
Thanks, high pressure on VIX, I don't trade TVIX but two legs down from 110 to 14 yike![/quote]
Yep, will be shocked if it can bang through that gap @ $15
"The only way to get a real education in the market is to invest cash, track your trade, and study your mistakes"
-Jesse Livermore
Cobra
Site Admin
Posts: 58806 Joined: Sat Feb 12, 2011 10:29 pm
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by Cobra » Wed Feb 08, 2012 12:41 pm
so far looks like a small bear flag.
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BullBear52x
Posts: 29687 Joined: Tue Feb 22, 2011 3:47 pm
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by BullBear52x » Wed Feb 08, 2012 12:44 pm
I see 134, but there will be a good bounce there, 5dma + fresh bearish STO crossed. dip buyers will show up at that point me thinks.
My comments are for entertainment/educational purpose only. NOT a trade advice.
champix
Posts: 551 Joined: Thu Apr 14, 2011 9:13 am
Location: PARIS
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by champix » Wed Feb 08, 2012 12:49 pm
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