DrStool Posted March 12, 2012 Report Share Posted March 12, 2012 First test of support and cycle projections holds. Link to comment Share on other sites More sharing options...
I_Am_Madness Posted March 12, 2012 Report Share Posted March 12, 2012 RUT back below 815. We'll see how it closes. Link to comment Share on other sites More sharing options...
I_Am_Madness Posted March 12, 2012 Report Share Posted March 12, 2012 Market seems to be crawling. Is it me or has volume gotten worst over the past few weeks? I have never seen anything like this entering March (Spring) time frame. Something has to give. Link to comment Share on other sites More sharing options...
Bungster Posted March 12, 2012 Report Share Posted March 12, 2012 Market seems to be crawling. Is it me or has volume gotten worst over the past few weeks? I have never seen anything like this entering March (Spring) time frame. Something has to give. It's kinda like watching grass grow..... Link to comment Share on other sites More sharing options...
I_Am_Madness Posted March 12, 2012 Report Share Posted March 12, 2012 S looks like it formed a bottom. Good long play. I believe they now have the Iphone. Anyone interested in loading up some Jan 2014 3.50 calls? Link to comment Share on other sites More sharing options...
zero_value Posted March 12, 2012 Report Share Posted March 12, 2012 S looks like it formed a bottom. Good long play. I believe they now have the Iphone. Anyone interested in loading up some Jan 2014 3.50 calls? AAPL just added Sprints total market cap last 1 hour alone, like the call options on this one. Down on AAPL and UVXY UP on the long Dollah anyone long or short? Link to comment Share on other sites More sharing options...
dogsie Posted March 12, 2012 Report Share Posted March 12, 2012 Feb budget data from Treasury: Receipts drop to 103.4B from 110.6B y/y Deficit, all time high for 1 month 231.7B from 220.5 y/y Link to comment Share on other sites More sharing options...
Jimi Posted March 12, 2012 Report Share Posted March 12, 2012 Deficit, all time high for 1 month 231.7B from 220.5 y/y Is that a lot? Link to comment Share on other sites More sharing options...
dogsie Posted March 12, 2012 Report Share Posted March 12, 2012 Is that a lot? I guess the good news is that it deficit is running 60B better year to date than last year, so far. Link to comment Share on other sites More sharing options...
DrStool Posted March 12, 2012 Report Share Posted March 12, 2012 Deficits are stimulative. The biggest part of the Feb deficit increase was from an huge jump in tax refunds, which means that 2011 was overwithheld. Refunds are very stimulative. February withholding was actually pretty good, up 1.6% in real terms versus 2011. Stay up to date with the machinations of the Fed, Treasury, Primary Dealers and foreign central banks in the US market, along with regular updates of the US housing market, in the Fed Report in the Professional Edition, Money Liquidity, and Real Estate Package. Try it risk free for 30 days. Don't miss another day. Get the research and analysis you need to understand these critical forces. Be prepared. Stay ahead of the herd. Click this link and begin your risk free trial NOW! Link to comment Share on other sites More sharing options...
MrHanky Posted March 12, 2012 Report Share Posted March 12, 2012 I will probably miss the close,someone please open up the afternoon thread! Link to comment Share on other sites More sharing options...
psyche doctor Posted March 12, 2012 Report Share Posted March 12, 2012 Crapple new highs here - no surprise for me. There are some fib projections above based on the previous high and recent low near the lower parallel. There is also the upper parallel which could act as resistance if met. Some who are seeing the overlapping structure of the recent highs and lows will see this as an ending diagonal. It could be, but it also could be nothing more than a running correction. If it is an ending diagonal, it probably will only result in a correction before the next rectal blast. The best way to game this mutha is to find support levels to get long. Link to comment Share on other sites More sharing options...
BreakOut Posted March 12, 2012 Report Share Posted March 12, 2012 S looks like it formed a bottom. Good long play. I believe they now have the Iphone. Anyone interested in loading up some Jan 2014 3.50 calls? Traded in my Samsung Galaxy at Sprint for iPhone last week. Hate to admit it, but I like it a lot better. Link to comment Share on other sites More sharing options...
BurntOnce Posted March 12, 2012 Report Share Posted March 12, 2012 The last time I posted, CDE just broke above 30. It was a complete fake out. Now down 16% since then. Coeur d'Alene Mines Corporation (CDE) -NYSE 25.45 Down 0.88(3.34%) Link to comment Share on other sites More sharing options...
MrHanky Posted March 12, 2012 Report Share Posted March 12, 2012 VIX hit the low 15's earlier,short interest a 4 year lows. When this sucker implodes it's gonna be quite a sight indeed,But the wait might kill me. Link to comment Share on other sites More sharing options...
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