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06/06/2012 Live Update
Re: 06/06/2012 Live Update
mecguirguis wrote:Anyone else seeing a HS developing on the daily SPY?
Twitter @jackwag0n
Re: 06/06/2012 Live Update
For the bulls..Watch the blue line..The mkt may be setting a range bound area from low to the blue line for a few days.. 
Re: 06/06/2012 Live Update
I shorted about 5 min ago - everyone should ddouble up on your longs. Trading oposite me is a sure thing
Re: 06/06/2012 Live Update
failed H1 long as I suspected.
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TraderGirl
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Re: 06/06/2012 Live Update
I see it, takes SPX down to 1304, if it works out...so far pullback is weak...cguirguis wrote:Anyone else seeing a HS developing on the daily SPY?
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Re: 06/06/2012 Live Update
after that Beige Book, goodluck to the Christmas in June from Ben tommorrow crowd...
Re: 06/06/2012 Live Update
still no H2 long and this is why it's necessary you wait for H2, it'd save you. 
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BullBear52x
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Re: 06/06/2012 Live Update
I am UNG buyer, here is my thought. buy above my yellow line, will be nicer to see UNG move back above 5dma (390/377ma) weak now but not out until fails the yellow line.
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StudentBill
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Re: 06/06/2012 Live Update
My chart would agree.TraderGirl wrote:XIV hitting resistance area, abc wave up, possible break on TSI, could indicate st pullback...
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BullBear52x
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Re: 06/06/2012 Live Update
AAPL is weaker then I thought in the big picture. MACD turns with new lower bar the weakness will continue. trades below 550 looking to 470 next. unless they pick up the speed above the gap line high lighted here.
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Re: 06/06/2012 Live Update
beige book
FED SAYS 'HIRING WAS STEADY OR SHOWED A MODEST INCREASE'
FED SAYS ECONOMY EXPANDED AT `MODERATE PACE' LAST MONTH
FED SAYS `AUTOMOBILE SALES GENERALLY REMAINED STRONG'
FED: `CONTACTS WERE SLIGHTLY MORE GUARDED IN THEIR OPTIMISM'
FED SAYS `INFLATION REMAINED MODEST ACROSS DISTRICTS'
FED SAYS MANUFACTURING EXPANDED, CONSUMER SPENDING WAS STEADY
FED ECONOMIC SURVEY COVERS PERIOD FROM LATE APRIL UNTIL MAY 25
FED SAYS DEMAND WAS STRONGEST IN AUTO AND STEEL MANUFACTURING
FED SAYS 'HIRING WAS STEADY OR SHOWED A MODEST INCREASE'
FED SAYS ECONOMY EXPANDED AT `MODERATE PACE' LAST MONTH
FED SAYS `AUTOMOBILE SALES GENERALLY REMAINED STRONG'
FED: `CONTACTS WERE SLIGHTLY MORE GUARDED IN THEIR OPTIMISM'
FED SAYS `INFLATION REMAINED MODEST ACROSS DISTRICTS'
FED SAYS MANUFACTURING EXPANDED, CONSUMER SPENDING WAS STEADY
FED ECONOMIC SURVEY COVERS PERIOD FROM LATE APRIL UNTIL MAY 25
FED SAYS DEMAND WAS STRONGEST IN AUTO AND STEEL MANUFACTURING
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Re: 06/06/2012 Live Update
Feds say strongest in steel mfg??? I get weekly reports that show the steel demand going down each week???
Funny!!!
Funny!!!
Re: 06/06/2012 Live Update
short scalp but made moneylouie wrote:I shorted about 5 min ago - everyone should ddouble up on your longs. Trading oposite me is a sure thing
Re: 06/06/2012 Live Update
EvilTrader wrote:snakehead wrote:So ...... one rally and EVERYONE on this board is bullish now ??
Its a short-term trading board.
Not long-term fundamental macro asset management.
Well, I guess that makes me a MORON. To see this POS ($spx) up so much for no reason and see Cobra gleefully singing "Ole ole", and not AUTOMATICALLY be bullish !!
"We got a runaway train boy, we got a billion Eddie Barzoons all jogging into the future. Every one of 'em getting ready to fist-#### God's ex-planet, lick their fingers clean as they reach out toward their pristine, cybernetic keyboards to tote up their f##ing billable hours. And then it hits home!"
Re: 06/06/2012 Live Update
MrMiyagi wrote:IWM getting weak...
Does this mean "CANCEL POWER HOUR" ???
"We got a runaway train boy, we got a billion Eddie Barzoons all jogging into the future. Every one of 'em getting ready to fist-#### God's ex-planet, lick their fingers clean as they reach out toward their pristine, cybernetic keyboards to tote up their f##ing billable hours. And then it hits home!"
Re: 06/06/2012 Live Update
Mr T already kicked that button in!snakehead wrote:Does this mean "CANCEL POWER HOUR" ???MrMiyagi wrote:IWM getting weak...
Re: 06/06/2012 Live Update
"Slope of Hope".KENA wrote:For the bulls..Watch the blue line..The mkt may be setting a range bound area from low to the blue line for a few days..
"We got a runaway train boy, we got a billion Eddie Barzoons all jogging into the future. Every one of 'em getting ready to fist-#### God's ex-planet, lick their fingers clean as they reach out toward their pristine, cybernetic keyboards to tote up their f##ing billable hours. And then it hits home!"
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TraderGirl
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Re: 06/06/2012 Live Update
It's called govt manipulation....they want us to believe everything is hunky dory....TraderJoe wrote:Feds say strongest in steel mfg??? I get weekly reports that show the steel demand going down each week???
Funny!!!
