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Re: 05/30/2012 Live Update
Posted: Wed May 30, 2012 10:02 am
by Richarab
KeiZai wrote:gold is getting hammered
support then one more and then....
and then the CRB commodities index falls officially well below 280 - which was the trigger for QE easing each time
so the CRB needs to lead - the market crash - before China Europe and US EASE jointly in the summer
CRB/10-Year Price = 281.95/100.281 = 2.81
Over 4 = Inflation
Between 3 and 4 = Neutral; inflationists and deflationists fight it out
Between 2.90 and 3.00 = Disinflation
Under 2.90 = Deflation
Re: 05/30/2012 Live Update
Posted: Wed May 30, 2012 10:06 am
by KeiZai
Richarab wrote:KeiZai wrote:gold is getting hammered
support then one more and then....
and then the CRB commodities index falls officially well below 280 - which was the trigger for QE easing each time
so the CRB needs to lead - the market crash - before China Europe and US EASE jointly in the summer
CRB/10-Year Price = 281.95/100.281 = 2.81
Over 4 = Inflation
Between 3 and 4 = Neutral; inflationists and deflationists fight it out
Between 2.90 and 3.00 = Disinflation
Under 2.90 = Deflation
Thanks richarab! I didn't know that before
Re: 05/30/2012 Live Update
Posted: Wed May 30, 2012 10:07 am
by Al_Dente
Pending home sales missed
Bots sell
Nydec >2500 grizzly for now
BANKS spain santander STD fresh low:
http://stockcharts.com/freecharts/candl ... ,std|B|D10
Re: 05/30/2012 Live Update
Posted: Wed May 30, 2012 10:08 am
by Richarab
KeiZai wrote:Richarab wrote:KeiZai wrote:gold is getting hammered
support then one more and then....
and then the CRB commodities index falls officially well below 280 - which was the trigger for QE easing each time
so the CRB needs to lead - the market crash - before China Europe and US EASE jointly in the summer
CRB/10-Year Price = 281.95/100.281 = 2.81
Over 4 = Inflation
Between 3 and 4 = Neutral; inflationists and deflationists fight it out
Between 2.90 and 3.00 = Disinflation
Under 2.90 = Deflation
Thanks richarab! I didn't know that before
Bernake fears deflation - that is his boogeyman...haunting him at night...
Re: 05/30/2012 Live Update
Posted: Wed May 30, 2012 10:10 am
by BullBear52x
From the look at UP/DN volume, there will be a buyer stepping in. here we're at 5dma support also.
Re: 05/30/2012 Live Update
Posted: Wed May 30, 2012 10:13 am
by uempel
rpcharts, which dept of MS drew that chart? Tks.
Re: 05/30/2012 Live Update
Posted: Wed May 30, 2012 10:14 am
by champix
KeiZai wrote:Champix are you here? 87?
I got exactely the same chart... 87 first target (today/tomorrow if things getting worse)... on a longer term chart my target is 85...
Re: 05/30/2012 Live Update
Posted: Wed May 30, 2012 10:17 am
by CognitiveDissonance
champix wrote:KeiZai wrote:Champix are you here? 87?
I got exactely the same chart... 87 first target (today/tomorrow if things getting worse)... on a longer term chart my target is 85...
85-87 on what? I'm out of the loop
Re: 05/30/2012 Live Update
Posted: Wed May 30, 2012 10:18 am
by TWT
SPX: Another option = Bullish /Bearish count depending internal structire off yesterday´s hod
Re: 05/30/2012 Live Update
Posted: Wed May 30, 2012 10:19 am
by SB73
GDX / NUGT with a hard rally off the lows.
Re: 05/30/2012 Live Update
Posted: Wed May 30, 2012 10:20 am
by champix
champix wrote:KeiZai wrote:Champix are you here? 87?
I got exactely the same chart... 87 first target (today/tomorrow if things getting worse)... on a longer term chart my target is 85...
87, lower band of the descending channel... currently boucing on support...
Re: 05/30/2012 Live Update
Posted: Wed May 30, 2012 10:21 am
by ken_d17
AAPL looking strong. About to go green.
Re: 05/30/2012 Live Update
Posted: Wed May 30, 2012 10:22 am
by CognitiveDissonance
CognitiveDissonance wrote:champix wrote:KeiZai wrote:Champix are you here? 87?
I got exactely the same chart... 87 first target (today/tomorrow if things getting worse)... on a longer term chart my target is 85...
85-87 on what? I'm out of the loop
Duh, got it.
Re: 05/30/2012 Live Update
Posted: Wed May 30, 2012 10:22 am
by champix
CognitiveDissonance wrote:champix wrote:KeiZai wrote:Champix are you here? 87?
I got exactely the same chart... 87 first target (today/tomorrow if things getting worse)... on a longer term chart my target is 85...
85-87 on what? I'm out of the loop
CRUDE OIL : CL
Re: 05/30/2012 Live Update
Posted: Wed May 30, 2012 10:23 am
by Mr. BachNut
Market Neutral.
Waiting for clarification.
NASDAQ appears to have found support at rising bottoms line and may be forming rising wedge.
Re: 05/30/2012 Live Update
Posted: Wed May 30, 2012 10:24 am
by Richarab
ken_d17 wrote:AAPL looking strong. About to go green.
you got to love it - when your markets are pegged to one behemoth stock
you need only squeeze it and the entire markets follow suit...
Bernake's dream lever... the one he hits... at night... to rid the boogeyman...
Re: 05/30/2012 Live Update
Posted: Wed May 30, 2012 10:26 am
by Al_Dente
BullBear52x wrote:From the look at UP/DN volume, there will be a buyer stepping in. here we're at 5dma support also.
show me boss, if u have time
Re: 05/30/2012 Live Update
Posted: Wed May 30, 2012 10:28 am
by uempel
Here a close up of all the lines on the 60 min suggesting tomorrow is important:
Re: 05/30/2012 Live Update
Posted: Wed May 30, 2012 10:32 am
by Mr. BachNut
SPY may just be tracking in the bear flag channel until further notice.
Re: 05/30/2012 Live Update
Posted: Wed May 30, 2012 10:37 am
by jarbo456
champix wrote:champix wrote:KeiZai wrote:Champix are you here? 87?
I got exactely the same chart... 87 first target (today/tomorrow if things getting worse)... on a longer term chart my target is 85...
87, lower band of the descending channel... currently boucing on support...
i have 85 as my target as well. then i might look to climb back into some oil stocks as well...
