03/15/2012 Intraday Watering

[BullBear52x]

bottom, that's all she wrote for bears

[Richarab]

bottom, that's all she wrote for bears

why are people hatin this market? it is fabulous for making money... period.

[SWalsh]

Can anyone tell me what's wrong here?


March 15, 2012 · 6:38 am
BANK OF GREECE ‘PRINTING ITS OWN EUROS’ SAYS BELGIAN ECONOMIST

Johan Van Overtveldt
Belgian website’s banker mole reveals stunning truth

Yesterday, the Belgian website Trends led with an investigative article using a mole inside the Bank of Greece. The allegation – put forward by prominent economics writer Johan Van Overtveldt – is that the Bank has run out of money from other sources, and is simply printing its own euros to keep the other Greek majors afloat.

[ricster3]

Cobra,

Not sure if you read my last post but could you give opinion on $ANR chart please?

thanks!!

[BullBear52x]

bottom, that's all she wrote for bears

why are people hatin this market? it is fabulous for making money... period.

That is and should be the only thing in traders mind, making money but share the love and knowledge. let the other guys figure out how to save the world. Uncle Ben come to mind.

[uempel]

I've got nice resistance up at 1400ish. Not sure if I'm going to trade today or tomorrow, but it sure looks attractive.

[Richarab]

Can anyone tell me what's wrong here?


March 15, 2012 · 6:38 am
BANK OF GREECE ‘PRINTING ITS OWN EUROS’ SAYS BELGIAN ECONOMIST

Johan Van Overtveldt
Belgian website’s banker mole reveals stunning truth

Yesterday, the Belgian website Trends led with an investigative article using a mole inside the Bank of Greece. The allegation – put forward by prominent economics writer Johan Van Overtveldt – is that the Bank has run out of money from other sources, and is simply printing its own euros to keep the other Greek majors afloat.

today's printers are so wonderful. I have an Epson Workforce 865 with water-proof inkjet ink - and i get my paper from here - http://www.printedribbon.com/paper-cotton-thread.html

[Al_Dente]

Xfrandex
Out but that’s just me
What platform r u on?
Freestockcharts.com showed NO BATS TRADES in GLD for 15 min about 2:15 to 2:30 ET; same schwab.
Spread was 80cents to 83cents, then 82 to 85cents
U never know if next trade will be 52.80 or 52.85 or what… ok fine….next schwab trade was 52.77
SUCKS…That’s my prob with thin low volume
Drive a truck thru those spreads
At least when I have 1million+ shares per day ETF, when I blink I can get out at a decent bid…

[xfradnex]

xfradnex
okay she’s gotta push up to a REAL fresh hi on this run, otherwise I’m out
I’m not sittin’ around for another horizontal consolidating two hours... and NO MORE red...
many scalpers have more patience than me
I can’t afford more patience on a counter-trend scalp…IMHO only…INTRADAY SCALP only
GL 2 u

still in?

[stucap]

bottom, that's all she wrote for bears

why are people hatin this market? it is fabulous for making money... period.

because traders like to trade, both sides. not to watch it go up and up and up.

[btran874]

If Greg Smith placed heavy short position on GS before he sent out the letter and resign, would that considered insider trading?

[TWT]

SPX: The fifth should be in progress. Max target = 1424.70

[victorm]

AAPL is dropping.

with $320 for iPad 2 tomorrow we should see aapl over 600. On the news people line up to be first for tomorrow...

[stucap]

inverted h&s --- just for fun --- ya know since aapl isn't helping us today.....

[KeiZai]

IMF: Expects Greek Debt Ratio To Hit 116.5% in 2020 and they see notable strengthening labor market in greece Todays unemployment rate : 20.7

They must be on crack same the market

[BullBear52x]

OK and here is the older version, to be or not to be still a question. looks flat to bearish?. crazy am I seeing thing again?

[wayne0708]

Cobra: What happens to AAPL lol?

[SWalsh]

bottom, that's all she wrote for bears

why are people hatin this market? it is fabulous for making money... period.

I can only speak for myself, but I have no question that in 3-5 years none of us will be discussing the mkt as it will be untradeable. See the Nanex article "Race to Zero".

There is a push in Europe for a financial transactions tax. If they institute the proposed 1/2 of 1% per side, none but the buy-and-hold for weeks/months/years will be left. Look at your 1099-B and see how much that adds up to. And of course, trading desk profits will be exempt.

I don't hate the market. I hate that they are killing it for massive short-term, risk free profits.

I have a Wall Street past and I know brokers who are starving and looking to change careers in a bad job market for 45-55 year old men. Even a young woman I met at a party (stunningly good looking, by the way) said they could tell all of them one day they'd get two weeks pay as their entry cards no longer worked and they can pick-up their possessions over at the security office as they are having less to do each month and the entire desk knows it. Their in-house computers do the trading of positions (not talking algos here), they have been not doing as well as in years past, and the client-broker relationship is going to be a dinosaur.

This is all a result of 42,000 bids/offers a second placed just outside the mkt in an attempt to trick other computers to trade, or to stop (most often) selling.

I don't hate the market.....I hate the SEC and those who give them their marching orders as this is institutionalized rape of the public. And if we do collapse one day, they will be the wealthy culprit that causes it.

[stucap]

OK and here is the older version, to be or not to be still a question. looks flat to bearish?. crazy am I seeing thing again?

it can stay flat here. close above SPX 1400 would be bullish. bulls just need to hold a flat line for the last hour --- but they are too greedy for that, so expect pushes up.

[stucap]

Cobra: What happens to AAPL lol?

BTFD? Check it out --- it's got a bear flag in the works (but, the trick is on the bear as this is one of those bear flags that never end!) ya see? almost green!