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14:12 and 14:27 were the two biggest quote stuffs by far. Can't let it drop too fast. More that 100 down points is against National Security. Just seems funny how those big spikes aren't a series of them, but always just one. Under a fascist styled economy you will see funny things and hear reports of funny numbers. I guess GDP tomorrow should be a solid 12%soku wrote:for those following algo activities, do you see anything when it was down? and do u see anything around 1392.75 low?
hehehe... This just tells the story... 13 consecutive weeks UP on the NDX 100, i'm counting this one alreadyTWT wrote:SPX: Can you get an impulsive count without being "creative" ...... I can´t
Do I have to remind you the most likely outcome when down side action is corrective ?????
Eventually one day if THEY have not sent all the bears in this planet to a mental hospital the few left that are not gone broke will make a lot of money
ROTFLMAO!TWT wrote: Eventually one day if THEY have not sent all the bears in this planet to a mental hospital the few left that are not gone broke will make a lot of money
I can for one reason. Even before the HFT Soylent Green Machine, there were enough MAJOR moves in the mkt that started as a clear 3 wave move (when as you know it should be a 5 wave impulse wave) AND did not have a subsequent wave where you could say you had the starting point for the big move wrong. EW is an art, not a science. And right now, I think looking at "The Cramer" is sometimes more appealing than waves. Is there a phrenologist in the house?TWT wrote:SPX: Can you get an impulsive count without being "creative" ...... I can´t
Thanks for the chart. I bought 100 shares at 37.11 today. Plan on holding my FCX position long-term. FCX was caught in a downtrend channel end of December, as well, and bounced up. I have no idea what happens here, but I have some powder dry to get more under $35.TraderGirl wrote:Was looking at FCX, here is another analysis...
The Bull Run was moved up 14 weeks...all bulls must leave immediately as it's rumored there will be many elderly this year AND "The Lloyd" will be clad in red at the front of the pack:Cobra wrote:consolidation then breakout, I think bulls have chances.
I think you make a valid point. I'm taking a longer view on this trade. Fundamentally, China slowing or not, it's trading less than 8 P/E and has a healthy balance sheet. Nice dividend increase to boot. I lowered my average to $37.81 after buying 100 shares today. Currently trading with a 3.3% dividend yield. If FCX tanks, I'll buy some more and increase my yield. Of course, it would be nice for this to make an earnings move . This stock has seriously underperformed the market.Jose wrote:As for FCX i wouldn't recommend any long entries (based on a fundamentals thesis i strongly recommend you to read: http://seekingalpha.com/article/434501- ... mmodities- the author has a few more articles on the same subject that i would recommend reading also)
Also from the same author (i guarantee that i'm not him ) and about the talk today on holding TVIX or other for long term : http://seekingalpha.com/article/453531- ... -long-term - Conclusion is don't even think about it.