08/17/2012 Live Update

[joe-gamma]

daily iwm to spy does not look bearish for overall market....

[usctrojan99]

I am looking at 1425-1430 before any pullback. The market is simply consolidating and shaking out people before next leg up. When T rates are this low, where else do you put your money...equities.

[Petsamo]

For people who can't see why people are bearish, "State unemployment rates rise in 44 states".
The one explanation for the American & European euphoria is we're gonna have regime change in a few months with Romney & Ryan.

[shaca]

sorry about this OT, but i found something strange and i would like to know if anyone else noticed some different data on stockcharts

$NAUD now and $naud 2 days ago, i see a very different chart, just check tops and bottoms... they are totally different.. what's going on? I'm confused

[ZimZeb]

what's going on?

Looks like the chart from the 16th starts on 08/18/09 and the chart from the 17th starts on 08/19/09. The cumulative setting results in the differing values; the semi-log scale in the differing pattern/shape.