08/23/2012 Live Update

[Mr. T]

Why can't the market A-holes just let the SPX drop 20 points each day for a week.... then it could make some sense to buy.
It goes down 2 points and people run in "buy the dip!!!!!!!"

Dude, just BTFD. Seriously, you f'cking idiot. Just BTFD. See dip, buy it. Doesn't matter what kind of dip -- ranch, honey mustard, hummus, spoos -- F'KING BUY THE F'KING DIP.

[closes eyes]

I don't see the dip!!!!! Only dip I like is French onion........ although roast beef with swiss is very tasty

[Cobra]

pullback as expected, now key time, if bears only make a higher low then chances are the game is over for bears today.

[Al_Dente]

Why can't the market A-holes just let the SPX drop 20 points each day for a week.... then it could make some sense to buy.
It goes down 2 points and people run in "buy the dip!!!!!!!"

Dude, just BTFD. Seriously, you f'cking idiot. Just BTFD. See dip, buy it. Doesn't matter what kind of dip -- ranch, honey mustard, hummus, spoos -- F'KING BUY THE F'KING DIP.

BREAKING NEWS: Tropical Storm Isaac attacks SPY

[Out of Bounds]

Is the SPY will recover trendline?

I think no.

Capture.JPG (30.37 KiB) Viewed 3694 times

[Al_Dente]

renko

823renko.png

Dr Al: minor divergence?
any uptick in your Renko yet?

not enough yet.....just a li'l flag at the mom.........

[joe-gamma]

NOT Intraday or swing view, L/T.......
politic aside (can we be nondenominational on this board?)
the ZH read on consumer comfort chart here http://www.zerohedge.com/news/whats-wrong-chart is interesting, but it does not point out that consumer comfort trended down for 3-4 months before major selloff in equity markets...

here is a chart for election year monthly seasonals againhttp://www.cxoadvisory.com/3724/calenda ... ion-years/

and the spike in VOL for august during election years...

[Mr. T]

Why can't the market A-holes just let the SPX drop 20 points each day for a week.... then it could make some sense to buy.
It goes down 2 points and people run in "buy the dip!!!!!!!"

shut up and just BTFD !

You guys are such comedians!!!

[1der]

ES P Bar this morning at 1414.25 fwiw

[OverUnder]

Hey they re-released this classic:

[joe-gamma]

sounds like a new hiphop band? <;)

[fehro]

long term XLF. fwiw. Looks like the volume graph is giving us the finger.
Anyhow a move out of this region will see a big move.

[OverUnder]

That's hysterical.

long term XLF. fwiw. Looks like the volume graph is giving us the finger.
Anyhow a move out of this region will see a big move.

[joe-gamma]

long term XLF. fwiw. Looks like the volume graph is giving us the finger.
Anyhow a move out of this region will see a big move.

ahh! creative like BullBear and his adaptation of a classic Dr Al chart into a bird...

[scout_lt]

Bunds confirming short/medium term bearish outlook for global stock indices:
http://blog.wavetrack.com/bund-3/

[Cobra]

possible rebound target.

[stucap]

Please be a bear flag --- pulllllleeeeeeeez

[1der]

Dip Sh*t - Definition: Me, because I say sh*t everyone time I do not BTFD.

[Al_Dente]

2 min
The volume scale is all screwed up due to yesterdays honey badge volume so u have to go to one day view to c vol better
Bears don’t like that higher low HL

[joe-gamma]

dow 10minute showing bullish divergence


seems like prime time for PPT to persuade BTFD!!]

[Al_Dente]

If bears want to sell the rip they may do so………aaaaaaa………..right about here......