THANKS KENA
Also, re TLT v TYX
They are comparing bond PRICES to YIELD (the reciprocal-ish), apples to oranges.
I wonder how P&F would look if they compared TLT 20s to the $USB 30s BOND PRICES, apples to apples…
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Yesterday the Liquidity dropped a small amt but the institutional went up a bit.A little unusual..Notice the 15 min charts are oversold..This may hold the mkt from going dn to much and maybe will set up a boreing sideways for a bit to burn off a little energy .. May wind up being choppy so no one can make a buck.Lets see
support. still this should be 2 legged pullback at least. we're on the very 1st leg down.
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Market Neutral.
The overbought conditions of last week have been cleared.
The bulls ought to be taking control here and getting the next leg up going...
but they are not.
They seem to have misplaced their mojo.
Let's see how today's close goes, but the bears may be smelling their next meal.
And yet, my FTSE here in the UK is holding up nicely, especially the banks.
The DAX doing well also.
Cobra, if you please - I'm sure I read a post from you last week where you still had a shortish-term target for the SPX as 1406.
Would I be correct in that assumption ?
Many thanks.
Last edited by hdenandy on Tue Jul 10, 2012 11:24 am, edited 1 time in total.
Internals are weird today
NYADV 1400
NYDEC 1400
Indicates a “choppy/range” day !!!
Technically the decliners weren’t really strong enough to take it down this much
What is afoot? Very few issues must be radically down? or what?
TRIN 1.7 bear
One min
KENA wrote:Premkt P bars do not work out very often but I have one today and this is where SPY stopped today right on premkt P Bar low..
Are you thinking that not only do they not care what we think of their manipulation, but that at times they will tease us so that we might operate in those and sometimes they work, and sometimes they don't, therefore making us completely neurotic?
IOW, do you think this is a purposeful attempt to mess with people's heads?
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KENA wrote:Premkt P bars do not work out very often but I have one today and this is where SPY stopped today right on premkt P Bar low..
Are you thinking that not only do they not care what we think of their manipulation, but that at times they will tease us so that we might operate in those and sometimes they work, and sometimes they don't, therefore making us completely neurotic?
IOW, do you think this is a purposeful attempt to mess with people's heads?
Some data services show them - some don't.
I'm wondering if the data is scrubbed by the service providers themselves, or if some just have exposure to deals done on the side and it "leaks" by accident (or design).