08/30/2012 Live Update

[Mr. T]

What's Ben going to do when the SPX is down 40 points going into the "hole".

Heart Attack???? Gas up the whirly-bird?????
Or my favorite = Gives everyone the bird, and walks off mumbling "damn Dragi, it was his turn and he stood me up".......

[Petsamo]

TSN making wild moves in the last few weeks

[Cobra]

still think the rebound might not be over.

[Unique]

still sitting in UVXY and TMF and wheat futures...
Debating if I should sell them before the close tomorrow

I agree with Richard Bernstein, the global credit market bubble is one thing but the market is reacting negatively to the rhetoric of my way or the hiway politicos, both parties. We vote these elephants and jack asses into office and then they kick us to the curb and kick the can down the road. Bernanke warned them again at his last senate hearing. I hold hedges at least until noon manana.

The illusion of choice and the illusion of the two parties. It's funny how the media brainwashed average Joes and Janes from an early age. Propaganda worked, propaganda works, and propaganda will continue to work with the dumbing down education. Just look at some history works.


George Carlin was damn right

http://www.youtube.com/watch?v=rsL6mKxtOlQ

[Al_Dente]

Had to go back to ONE MINUTE only because it gives me a better picture of bot volume
Kind of unusual maybe rare (?) that bots sold so much right smack at the bottom
Maybe that means it is not the bottom NOT SURE

[heavenskrow]

still sitting in UVXY and TMF and wheat futures...
Debating if I should sell them before the close tomorrow

I agree with Richard Bernstein, the global credit market bubble is one thing but the market is reacting negatively to the rhetoric of my way or the hiway politicos, both parties. We vote these elephants and jack asses into office and then they kick us to the curb and kick the can down the road. Bernanke warned them again at his last senate hearing. I hold hedges at least until noon manana.

seriously....I will be moving out of America for that very reason soon. Its a filthy dirty system.

TMF is just based on buying dips on a bull market. China is going down and they are buying bonds to hedge.
If Bernanke does QE3, the people who out-fronted Mr Bernanke can sell those bonds to him at a higher price.
If he doesn't, the market may pull back....increasing the demand for safe havens, and which they can still sell at a higher price.
But then again if Bernanke does QE3 right here....he will increase commodity prices(mainly gasoline) and sooner or later he will be forced to raise interest rates ..

thats my crappy theory at least

[737controller]

still sitting in UVXY and TMF and wheat futures...
Debating if I should sell them before the close tomorrow

I agree with Richard Bernstein, the global credit market bubble is one thing but the market is reacting negatively to the rhetoric of my way or the hiway politicos, both parties. We vote these elephants and jack asses into office and then they kick us to the curb and kick the can down the road. Bernanke warned them again at his last senate hearing. I hold hedges at least until noon manana.

seriously....I will be moving out of America for that very reason soon. Its a filthy dirty system.

I will help you pack your bags. We do not want you here if you are not here for the right reasons. The $$$ is not the reason to be here. Get a clue.

[uempel]

Had to go back to ONE MINUTE only because it gives me a better picture of bot volume
Kind of unusual maybe rare (?) that bots sold so much right smack at the bottom
Maybe that means it is not the bottom NOT SURE

830one.png

Al, you sure the bots "sold" - or did they buy? Would make more sense if it was some kind of bottom...

[jabberstoxx]

pay attention to VIX, let's see if it'd close above its BB top today which if indeed then it'd be good news for bulls.

respectfully disagree......it is above BB but needs to close within to be bullish.....if it closes above we probably have more downside

[Al_Dente]

ZSL mini breakout
gap resistance up to 55.55

[Al_Dente]

Had to go back to ONE MINUTE only because it gives me a better picture of bot volume
Kind of unusual maybe rare (?) that bots sold so much right smack at the bottom
Maybe that means it is not the bottom NOT SURE

Al, you sure the bots "sold" - or did they buy? Would make more sense if it was some kind of bottom...

It was a sell stick at 10:55 ish
They are buying now
Bots r active this morn
nydec says it was not the bottom intraday...........can change fast........
Do u have any signals before tomorrow and Tuesday?

[Out of Bounds]

respectfully disagree......

Guys ( and ladies), this is an excellent example of how you disagree. There is no reason to have kneejerk reactions to political statements here. That said, there is very little reason to make political statements here.

[heavenskrow]

still sitting in UVXY and TMF and wheat futures...
Debating if I should sell them before the close tomorrow

I agree with Richard Bernstein, the global credit market bubble is one thing but the market is reacting negatively to the rhetoric of my way or the hiway politicos, both parties. We vote these elephants and jack asses into office and then they kick us to the curb and kick the can down the road. Bernanke warned them again at his last senate hearing. I hold hedges at least until noon manana.

seriously....I will be moving out of America for that very reason soon. Its a filthy dirty system.

I will help you pack your bags. We do not want you here if you are not here for the right reasons. The $$$ is not the reason to be here. Get a clue.

Not here by choice my friend. But finishing up my last year at school

[gappy]

still sitting in UVXY and TMF and wheat futures...
Debating if I should sell them before the close tomorrow

I agree with Richard Bernstein, the global credit market bubble is one thing but the market is reacting negatively to the rhetoric of my way or the hiway politicos, both parties. We vote these elephants and jack asses into office and then they kick us to the curb and kick the can down the road. Bernanke warned them again at his last senate hearing. I hold hedges at least until noon manana.[/

TMF is just based on buying dips on a bull market. China is going down and they are buying bonds to hedge.
If Bernanke does QE3, the people who out-fronted Mr Bernanke can sell those bonds to him at a higher price.
If he doesn't, the market may pull back....increasing the demand for safe havens, and which they can still sell at a higher price.
But then again if Bernanke does QE3 right here....he will increase commodity prices(mainly gasoline) and sooner or later he will be forced to raise interest rates ..

Market reacts poorly to unknown tax authority direction. Pull back tommorow can be a positive message to the coffer keepers, no investy...no taxy for Uncle Sam. This coming from the fundies cause we retailers are already an endangered and disappearing species. Many happy memories Unique, watching Carlin with the family.

[TraderGirl]

still sitting in UVXY and TMF and wheat futures...
Debating if I should sell them before the close tomorrow

I agree with Richard Bernstein, the global credit market bubble is one thing but the market is reacting negatively to the rhetoric of my way or the hiway politicos, both parties. We vote these elephants and jack asses into office and then they kick us to the curb and kick the can down the road. Bernanke warned them again at his last senate hearing. I hold hedges at least until noon manana.

seriously....I will be moving out of America for that very reason soon. Its a filthy dirty system.

I will help you pack your bags. We do not want you here if you are not here for the right reasons. The $$$ is not the reason to be here. Get a clue.

Hey now!! Play nice....

[Unique]

Lunch almost over. Time to initialize second leg bounce

[joe-gamma]

30 min

830thirty.png

NICE fan on the 30 minute AL

[gappy]

How low will the PPT let it go before the kicksave? I say 138.73.

[Unique]

Lunch almost over. Time to initialize second leg bounce

Right on time baby

[Al_Dente]

30 min

NICE fan on the 30 minute AL

joe joe did u ask me something abut xly this morn??