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FOMC on March 13, so hardly can market drop before that. I guess.stucap wrote:Bears have no chance. Even if (stress if) this thing reverses this morning, VWAP is sitting pretty at the overnight low 1363ish ready for the JBTFD.
Party on Garth!
http://tradingchumps.blogspot.com/2012/ ... riday.html
EUO,UUP and $SPX are all open in green. It is kind of hard to believe that we are going all in the direction.Cobra wrote:FOMC on March 13, so hardly can market drop before that. I guess.stucap wrote:Bears have no chance. Even if (stress if) this thing reverses this morning, VWAP is sitting pretty at the overnight low 1363ish ready for the JBTFD.
Party on Garth!
http://tradingchumps.blogspot.com/2012/ ... riday.html
Not really hard to believe --- Market no longer cares about the time-tested indicators --- just watch AAPL and don't forget to buy the dip.Tabby wrote:EUO,UUP and $SPX are all open in green. It is kind of hard to believe that we are going all in the direction.Cobra wrote:FOMC on March 13, so hardly can market drop before that. I guess.stucap wrote:Bears have no chance. Even if (stress if) this thing reverses this morning, VWAP is sitting pretty at the overnight low 1363ish ready for the JBTFD.
Party on Garth!
http://tradingchumps.blogspot.com/2012/ ... riday.html
SenorSB73 wrote:Senor Al,
Was up 6% on NUGT ended up getting 2%. Awfully hard to let winners run. Waiting to pounce on something today.
Well said, but also don't forget to book profits once in awhile.stucap wrote:Not really hard to believe --- Market no longer cares about the time-tested indicators --- just watch AAPL and don't forget to buy the dip.Tabby wrote:EUO,UUP and $SPX are all open in green. It is kind of hard to believe that we are going all in the direction.Cobra wrote:FOMC on March 13, so hardly can market drop before that. I guess.stucap wrote:Bears have no chance. Even if (stress if) this thing reverses this morning, VWAP is sitting pretty at the overnight low 1363ish ready for the JBTFD.
Party on Garth!
http://tradingchumps.blogspot.com/2012/ ... riday.html
stucap wrote:Not really hard to believe --- Market no longer cares about the time-tested indicators --- just watch AAPL and don't forget to buy the dip.Tabby wrote:EUO,UUP and $SPX are all open in green. It is kind of hard to believe that we are going all in the direction.Cobra wrote:FOMC on March 13, so hardly can market drop before that. I guess.stucap wrote:Bears have no chance. Even if (stress if) this thing reverses this morning, VWAP is sitting pretty at the overnight low 1363ish ready for the JBTFD.
Party on Garth!
http://tradingchumps.blogspot.com/2012/ ... riday.html
Yes they wouldn't want to pay CDS. Well, unless there's a Lehman in the room then that could be different.champix wrote:Hi all,
BIG NFP so USD big up... and so are commo down...
By the way, here is the last Greece update :
LONDON, March 9, 2012 – The International Swaps and Derivatives Association, Inc. (ISDA), as secretary to the Determinations Committees (the DCs), today announced that a question relating to a potential credit event with respect to the Hellenic Republic (Greece) has been submitted to, and subsequently accepted for consideration by, the EMEA Determinations Committee.
The ISDA EMEA Determinations Committee will meet at 1PM GMT on Friday, March 9 to discuss the question and to determine whether a credit event has occurred.
--> ISDA is cmposed by bankers, so not a big chance to see CDS activated.... but keep in mind, never know...