DrStool Posted June 8, 2009 Report Share Posted June 8, 2009 Light Treasury supply means no pressure for a few days. Link to comment Share on other sites More sharing options...
T_Slim Posted June 8, 2009 Report Share Posted June 8, 2009 Dow up a point and change? That's all ya got bullz? Better take advantage of this light treasury supply. Link to comment Share on other sites More sharing options...
DrStool Posted June 8, 2009 Author Report Share Posted June 8, 2009 Creepy Crawly- Professional Edition by Lee Adler, Monday, June 8, 2009, in Professional Edition, Today's Markets | Permalink |Comments (0) Edit Internal cyclical indicators show creeping weakness, but the timing does not seem quite right yet for a rollover. Click here to download complete report in pdf format (Professional Edition Subscribers). Try the Professional Edition risk free for thirty days. If, within that time, you don’t find the information useful, I will give you a full refund. It’s that simple. Click here for more information. Link to comment Share on other sites More sharing options...
DrStool Posted June 8, 2009 Author Report Share Posted June 8, 2009 3 posts in 3 hours. 16 users. Hmm. May be a top signal. Link to comment Share on other sites More sharing options...
cwd Posted June 8, 2009 Report Share Posted June 8, 2009 UFB, government prints up a few trillion and were are back to 2007. Everything is OK. Link to comment Share on other sites More sharing options...
MrHanky Posted June 8, 2009 Report Share Posted June 8, 2009 3 posts in 3 hours. 16 users. Hmm. May be a top signal. Possibly,But I still think they keep it from tanking until july.They seem to be stepping in at the "right time" on the buy side to keep the turd floating.Still looking for new highs,how they will do it who knows. Still guessing "they" get the SPX to 1k+,or if not...at least to new marginal highs. Link to comment Share on other sites More sharing options...
K Wave Rider Posted June 8, 2009 Report Share Posted June 8, 2009 3 posts in 3 hours. 16 users. Hmm. May be a top signal. Was just thinkin the same thing.. Am thinkin' if Rutty takes out 520, it's probably ovah.... Link to comment Share on other sites More sharing options...
MrHanky Posted June 8, 2009 Report Share Posted June 8, 2009 If the market holds here for another 10 or 12 trading days,it sure looks like we could get a cross of the 50 day above the 200 day. That could be ugly for the bears if it happens.And "chart guys" could buy the signal and give us the blowoff I am still guessing we get. I could be totally wrong so I am selling my position a little each day. Link to comment Share on other sites More sharing options...
capitall Posted June 8, 2009 Report Share Posted June 8, 2009 --------------------------------------- [Jorma] What bears? It isn't really applicable but when the British government is facing one of it's biggest political crisis in perhaps hundreds of years and the currency is up, well things are weird. ------------------------------------------ If the market holds here for another 10 or 12 trading days,it sure looks like we could get a cross of the 50 day above the 200 day. That could be ugly for the bears if it happens.And "chart guys" could buy the signal and give us the blowoff I am still guessing we get. I could be totally wrong so I am selling my position a little each day. Well, it looks like this may be the plan for the banks to recapitalize. Both logically obvious trades like short GBP, and technically signalled trades like short stock indices, might be getting faded by the big banks-- if the hedge funds that clear their trades through the investment-bank-owned trading exchanges are doing these logical and technical trades. Or if the big banks have other ways of finding out what the hedgies are trading and fading it at least long enough to grab some bucks. One would think you can not be long a close-to-bankrupt country's currency for very long and survive though. Just long enough to get some shorts to cover and get a profit for your investment bank and then get out. Fast bucks, quick recapitalization. Looks like a treacherous market here to me. Unless you have deep pockets to wait it out. Link to comment Share on other sites More sharing options...
Charmin Posted June 8, 2009 Report Share Posted June 8, 2009 The pigmen don't like the 10 year at 3.9 but Mr. G continues to send more money so they can spike it up like today. Link to comment Share on other sites More sharing options...
cwd Posted June 8, 2009 Report Share Posted June 8, 2009 It sounds like the big boys are having problems, maybe GS and JPM looking at their hole cards maybe causing some problems. Simons was the original black jack card counter, PHD mathematician and has made over 8 bil the last four years. Zero wiki Link to comment Share on other sites More sharing options...
capitall Posted June 8, 2009 Report Share Posted June 8, 2009 http://www.nytimes.com/2009/06/07/opinion/07cohanWEB.html The Economy Is Still at the Brink Disclaimer: Article is about the economy, which, of course, is irrelevant to the stock market. Link to comment Share on other sites More sharing options...
Charmin Posted June 8, 2009 Report Share Posted June 8, 2009 I should say the green shoots are right in the market every afternoon. Link to comment Share on other sites More sharing options...
psyche doctor Posted June 8, 2009 Report Share Posted June 8, 2009 Link to comment Share on other sites More sharing options...
Jorma Posted June 9, 2009 Report Share Posted June 9, 2009 Was just thinkin the same thing.. Am thinkin' if Rutty takes out 520, it's probably ovah.... Every day for weeks I have almost posted this comment. Despite all that has happened, the systematic and institutional forces which favor rising stock averages are again working seamlessly. Or something like that. I'm not saying conspiracy. It's just a process. Bless you KW for leaning to the bear side, and I'm not certain what your target is for a swing trade, but with the fate of the world as we know it hanging in the balance each day or week, depending upon the appearance of Green Shoots and Confidence that only rising stock averages can bring, it going to take some real shocks to get this market anywhere near the March low at this point. Well that's my view. Under normal conditions you might figure a nice little shake out here would be healthy for the bulls but I get this overwhelming sense that the big boys have essentially banned downside plays for fear that they just might not be able to stop them. That's all total BS I know. Just a story. Link to comment Share on other sites More sharing options...
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