uempel wrote:Cobra, some guys want the market to go up...
I think bears are over for today. It's 3 o'clock, I don't trade on last hour anyway, so let it be.
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so far everything is up today: gold, oil, equity, bond and dollar. some assets are lying.
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My satisfaction always came from beating the market, solving the puzzle. The money was the reward, but it was not the main reason I loved the market (Jess Livermore)
retest the day high, key time, but I think bears are over for today.
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Petsamo wrote:If anyone is placing bets on the overturning of Obamacare tomorrow, what security are you using?
Isn't an ObamaCare overturn already 'baked' into the market?
I'm thinkin' "sell on the news" (SPX to 1235?)
It could be, I dunno
And God forbid they DON'T OVERTURN any of it !!!
I hope people get energized to to fire Obama in November. That's the people's recourse.
God forbid we get 4 more years of his running this nation because the people I know from Cuba and Russia all assure me tyranny is coming from this man.
I have something I saw written in a forum by a former Russian Special Forces guy about staying with the system. Unfortunately, when the system breaks, it is ugliness or slavery. I'll try to post the words of a man who overthrew governments said happens afterwards. "The Road" is a picnic according to him. We do NOT want anarchy. But I fear it is coming. If the corruption we see in the markets is any indication of what so many czars are doing in their areas, we will not have viable markets in 4 more years. That trader tax will kill it. I refer you back to my post with the brilliant words of CS Lewis.
Last edited by SWalsh on Wed Jun 27, 2012 3:29 pm, edited 1 time in total.
Cobra wrote:so far everything is up today: gold, oil, equity, bond and dollar. some assets are lying.
And vix
VIX is red now. if we close strong today, VIX would be red, so don't count on it.
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Hi all! Found this very interesting gold - silver indicator. Here, my favorite, the MarketForecast states that WHEN the Green is @ bottom along with red & blue, spikes up (except for messy down trend Mar-May) go for it if you are like me looking to swing trade some miners for some time off to re-humanize cabin, help poor weedy garden, etc. I do believe the time is not yet...any comments welcome. My ever beginner's mind is very appreciative of all you bloggers, especially the variegated forms of character and personality, here, all your input, and wishes all your trades be disciplined and favorable.