BullBear52x wrote:GM,
DBV and TNX is still strong, another 50 cents day today me thinks.
that's really strange, the liquidity inflow suddenly spiked since Wednesday. Don't know what's going on, someone knows something really good ahead of us. Just because I saw the liquidity wasn't strong enough, so I was so sure the top could be around. Now all of sudden everything changed.
Bet on QE3?
I don't know.
How about this:
<<ECB deposits rose to EUR 420.9 bln on Thursday but this amount is still significantly lower compared to record high EUR 528.18 bln hit on Tuesday.>>
I just know all of sudden everything changed, big funds are sure that the market is up. I really don't know what's going on here. But trading should be OK, no matter what big funds do, we just follow the trend, simple as that.
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SB73 wrote:Attention dip buyers i.e., every single person on this board. I am a little cautious about buying the dip quite yet. Don't pull your hair out Al, but we rolled over on the MACD hourly chart while many divergences remain in tact. I think we could see 1300 first.
well no question as compared to say a week ago (remember that last poll) there are lots of longs and sooner or later that favors some problems. seriously and with respect--the biases out there really count--it's amazing how it works. what's an issue today is how things settle and if there are that many taking risk off in front of the weekend. as a qqq guy--we hit and held so far that last high from last summer. i would prefer a marginal move over that to suck in longs and kill off the only other short. False breakouts and downs are really great if they show. eg a gap over that high that fails 1-2 days later would be ideal back towards the 20 ma weekly (on qqq). but no bitching if you turn out to be right.
BullBear52x wrote:GM,
DBV and TNX is still strong, another 50 cents day today me thinks.
that's really strange, the liquidity inflow suddenly spiked since Wednesday. Don't know what's going on, someone knows something really good ahead of us. Just because I saw the liquidity wasn't strong enough, so I was so sure the top could be around. Now all of sudden everything changed.
I read that the rally into early July was caused by $76 billion pumped into the mkt by the Fed. which was the next largest amount compared to Oct 2008. A collapse followed:
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I ordered stuff from China, through Cobra's Amazon links of course. Assuming they put the stuff on a ship, does anyone have any guess how many days that ship will take to cross the Pacific?