03/31/2014 Live Update

[fehro]

Well here it is, $30 B for April.

well at this rate... -$5 billion/month = Sept should be the last month!

They might reduce one more time (to $25 billion) so we can have a nice controlled selloff this summer. But, not sure - there's so much talk about soft data due to the weather, blah, blah, blah.

If they Tapered, and the market takes it too badly, and GDP numbers are low, they might halt the Taper for a few months. WHAT IF they went back up to $35 billion at some point???-
Let's say the market fell a couple of hundred $SPX points by mid - late summer, how would the market react if there was an increase in POMO - violent. I think bears would be caught in a huge trap, and short covering would be unreal. Might be enough to get the administration to the Elections in November.

.

good points... and as per Yellen this am:

YELLEN SAYS ECONOMY NEEDS EXTRAORDINARY SUPPORT FOR `SOME TIME'

[fehro]

Index dailies... seems $TRANs a mere 41 points from all time highs...

[Cobra]

members only update at 3:45 pm
http://www.cobrasmarketview.com/2014/03 ... ay-update/

[Al_Dente]

Google will split on Wednesday
http://finance.yahoo.com/news/why-googl ... 4.html?l=1
and
http://seekingalpha.com/article/2116933 ... et-forever

[Auole]

To whom are you sending this salutation to? To me? This is not my question.

Al, I do not know the answer to your ?. It's just in general. At this junction I believe that everyone's input has some validity. Short, Long, just go split some wood and work on most unarchitecturally unengineered greenhouse ever built. Put mind at ease. Today no real given direction. Mañana maybe.

[Cobra]

well, guess that's it for today. Tuesday tomorrow has been very very bullish. thank you guys, I'll see you tomorrow.

before the close, please take a little time to vote for me, thanks. https://stockcharts.com/public/1684859/tenpp

[TWT]

$SPX: Last chance for the s/t bearish wave (C) down

[TWT]

$SPX: Monthly chart with few thoughts

[johnnywa]

$SPX: Monthly chart with few thoughts

Do any of your charts ever pan out?

[TWT]

$NYMO: Is now bullish biased

[TWT]

$SPX: A breakout looks more likely than a breakdown

[DellGriffith]

If SPY breaks down from here, people will soon be calling for a head and shoulders on SPY. Its interesting that for a proper head and shoulders pattern, SPY's next move would have to be a bounce off its 200 dma...