Jump to content

Steel Wool


Guest

Recommended Posts

  • Replies 187
  • Created
  • Last Reply

this last push up should really put a stool in bears pants and give Maria her second orgasm.

 

When it feels like its going to go on forever in price/time and the equity p/c ratio sinks below 0.4 its time.

 

This rally is rising on thinner participation than the Oct-Dec 2 rally. Its DOA.

Link to comment
Share on other sites

What just happened? Looks like a plane just un-crashed.

I am reading Hurst (father of CMAPS) and I believe he would call that an example of "X-motivation" Interesting read so far. -- Available in Doc's bookstore for anyone interested in knowing how Doc "does it! -- er -- I mean how he "does it" with his Anals -- er... um... gosh guys - I mean the CMAPS!!

Link to comment
Share on other sites

SG updates this mornings action

 

26.55 is a 61.8% fibonacci retrace to the penny...

 

Ideally it should pullback from here intra-day.

 

however, the action looks strong and SG now prefers 27.30 as the ultimate topping point.... at 78% retrace of the Dec move down.

 

I allowed for this over last few days on several postings.

 

Cash is king until I can see where she leads....

 

If I had major balls I would short her again right now, but I dont...

Link to comment
Share on other sites

RE the spin on jobless claims

 

Now, Im just a simple guy. I didnt look at the data other than the headline.

 

But in keeping with keeping it simple...

 

Wouldnt jobless claims fall if you have a holiday in a week?

 

Wouldnt jobless claims fall considering peoples unemployment insurance had run out and they have NO JOB??

 

Suspect jobless claims begin to rise dramatically over next few reports...

 

but what do I know, Im just a SIMPLE GUY....

Link to comment
Share on other sites

Cisco anecdote

 

Last 3 days money flow and accumulation have been pretty strong.

 

This should give bears a tad of pause???

 

Q's have outside 5% shot at blowing up to $30 per share before topping... I discussed this on my LOB thread last night a bit...

 

Now, Im not going there yet.... but its something to watch...

 

I'll stick with 27.30 for now...

Link to comment
Share on other sites

Archived

This topic is now archived and is closed to further replies.

  • Tell a friend

    Love Stool Pigeons Wire Message Board? Tell a friend!
  • Recently Browsing   0 members

    • No registered users viewing this page.
  • ×
    • Create New...