The Intraday US Stock Market Discussion Board
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Double top with NegD on the SPY daily would be a picture perfect finish to this run-up.Me XMan wrote:Would love to see double top here.
I love to fly. Here's my helicopter.SWalsh wrote:I flew in on US Air to Newark in October and checked in online. It used to be $149 to upgrade to first class if available. Now, it's $75 and you can put your name on a list to be notified. When I checked in there were 8 seats available in coach on whatever is six across and about 30 rows back. A321 maybe was the plane. And there were 3 First Class seats. That $75 includes the $25 for baggage so it's a $50 upgrade on a $238 flight if you booked at least 30 days in advance. There are little signs like this all over the place about the economy. about 165-170 people didn't want to pay $50 for first class? 4 years ago you had to try to check-in online at exactly 24 hrs before to have a shot at an empty first class seat.Petsamo wrote:Under a bankruptcy, everything is restructured, including job losses. Pensions are a big problem in unionized companies. Pensions are also considered debt, present and future.HappyFriday wrote:File bankruptcy means restructure the debt. But, cut 14,000 jobs means business is down BIG ! I guess they do need pilots or people to serve you. 14,000 people will ask Obama for help/money ...Petsamo wrote:Well, they did file for bankruptcyHappyFriday wrote:This headline is scary !!!!!
"American Airlines reportedly set to cut up to 14,000 jobs"
BTW, I think there is very limited risk to be short here as that might be a failed 5th wave. Your stop would be a new high for that play based on that tea leave EW reading.
Funny thing about this market is that it ramps on presumably the Greek PSI deal being hours away, then when news comes that no, no deal this week, maybe next, the market *never* marks back to where it should be before the news. Its like heads they win, tails you lose if you are short!BullBear52x wrote:yes, everything is waste of time LOL.Mr. T wrote:BullBear52x wrote:News is waste of time LOLMe XMan wrote:Next up is Portugal. Greece is old news IMO.
Mr. T wrote:From ZH:
IIF SEES `VARIOUS ELEMENTS' OF PACKAGE COMING TOGETHER IN DAYS
IIF SAYS IT EXPECTS GREEK DEAL NEXT WEEK
Wash, rinse and repeat........
So is shorting......
I need to wait for market to drop about 10% so not to front run
I went all day without reading his name. Where's the penalty box?dr659 wrote:Maybe Obama will take over the airlines and show them how its doneHappyFriday wrote:File bankruptcy means restructure the debt. But, cut 14,000 jobs means business is down BIG ! I guess they do need pilots or people to serve you. 14,000 people will ask Obama for help/money ...Petsamo wrote:Well, they did file for bankruptcyHappyFriday wrote:This headline is scary !!!!!
"American Airlines reportedly set to cut up to 14,000 jobs"
I am getting one too, I like black hawk thoughPetsamo wrote:SWalsh wrote:Petsamo wrote:I love to fly. Here's my helicopter.HappyFriday wrote:Petsamo wrote: Well, they did file for bankruptcy
BTW, I think there is very limited risk to be short here as that might be a failed 5th wave. Your stop would be a new high for that play based on that tea leave EW reading.
I does sort of ruin that "Good things come to those who wait" saying!xglider wrote:
Funny thing about this market is that it ramps on presumably the Greek PSI deal being hours away, then when news comes that no, no deal this week, maybe next, the market *never* marks back to where it should be before the news. Its like heads they win, tails you lose if you are short!
"greece deal" has been going on for months. Worry more about Italy and Spain.xglider wrote:
Funny thing about this market is that it ramps on presumably the Greek PSI deal being hours away, then when news comes that no, no deal this week, maybe next, the market *never* marks back to where it should be before the news. Its like heads they win, tails you lose if you are short!
"""""I need to wait for market to drop about 10% so not to front run"""""BullBear52x wrote:yes, everything is waste of time LOL.Mr. T wrote:So is shorting......BullBear52x wrote:News is waste of time LOLMe XMan wrote:Next up is Portugal. Greece is old news IMO.Mr. T wrote:From ZH:
Wash, rinse and repeat........
I need to wait for market to drop about 10% so not to front run
BullTart wrote:Double top with NegD on the SPY daily would be a picture perfect finish to this run-up.Me XMan wrote:Would love to see double top here.
Slightly higher high to suck in the last of the bulls before pulling the rug out from under.
However, if this doesn't play out, time to take the hit and look for another good trade setup.
Paging Petsamo: what does your spreadsheet say about gap up or down stats here?gabor wrote:Nasty up will be tomorrow. May be with a huge gap. I do not think that the market will turn back before testing 52-week high.