Rationalize Posted March 3, 2009 Report Share Posted March 3, 2009 Shlocks got you down? Not feeling so trendy? Well then, why not chort yourself some forward pounder -> Link to comment Share on other sites More sharing options...
psyche doctor Posted March 3, 2009 Report Share Posted March 3, 2009 While I was posting, ES hit 715 and has backed off. Link to comment Share on other sites More sharing options...
BusKow Posted March 3, 2009 Report Share Posted March 3, 2009 Yest. gapped down out of the channel I have been showing, gives a bounce to back test ~6900 Dow Link to comment Share on other sites More sharing options...
ChicagoBear Posted March 3, 2009 Report Share Posted March 3, 2009 Let me be the first to say: Happy belated birthday, Jimi! Link to comment Share on other sites More sharing options...
psyche doctor Posted March 3, 2009 Report Share Posted March 3, 2009 The 722-25 ES area also corresponds with NQ 1105ish area. Link to comment Share on other sites More sharing options...
DrStool Posted March 3, 2009 Report Share Posted March 3, 2009 http://wallstreetexaminer.com/2009/03/03/p...ls-update-3309/ Link to comment Share on other sites More sharing options...
DrStool Posted March 3, 2009 Report Share Posted March 3, 2009 I would mark the start of a 3 and 5 day cycle sideways up phase from yesterday's close. Top likely at any time from today's open to Thursday's open. See yesterday's Wall Street Examiner Professional Edition Fed Report for a theory on why this week may be stronger than the past 5 days. Link to comment Share on other sites More sharing options...
DrStool Posted March 3, 2009 Report Share Posted March 3, 2009 spy initial 3 day cycle upside projection 72.10 Link to comment Share on other sites More sharing options...
DrStool Posted March 3, 2009 Report Share Posted March 3, 2009 qqqq initial projection 27.20 Link to comment Share on other sites More sharing options...
Rationalize Posted March 3, 2009 Report Share Posted March 3, 2009 For the remainder of the day, & and the week, I’d just like to say: * Beware the over confidence * Make a few good trades, sure. But don’t let it bolster the old enthusiasm too much. Everyone is one trade away from a looser. Keep yer powder dry. Keep them stops nice n tight. And above all, reign ‘em in if they get too fast & loose. Link to comment Share on other sites More sharing options...
Rounder Posted March 3, 2009 Report Share Posted March 3, 2009 Seems that the huge problem with pensions has been put on the back burner lately and the problem is only getting worse every passing day.... Unfortunately I didnt have a link, but here is a quick excerpt... By David Evans March 3 (Bloomberg) -- The Chicago Transit Authority retirement plan had a $1.5 billion hole in its stash of assets in 2007. At the height of a four-year bull market, it didn?t have enough cash on hand to pay its retirees through 2013, meaning it was underfunded to the tune of 62 percent. http://www.bloomberg.com/apps/news?pid=206...&refer=home Link to comment Share on other sites More sharing options...
BusKow Posted March 3, 2009 Report Share Posted March 3, 2009 By looking back to the roots of the misadventure in which Bear Stearns traders Ralph Cioffi and Matthew Tannin lost roughly $1.6 billion while allegedly misleading investors, Cohan illustrates how the missteps of the few can have consequences for the many. excerpt from William Cohan's new book, "House of Cards: A Tale of Hubris and Wretched Excess on Wall Street," Link to comment Share on other sites More sharing options...
psyche doctor Posted March 3, 2009 Report Share Posted March 3, 2009 Link to comment Share on other sites More sharing options...
BusKow Posted March 3, 2009 Report Share Posted March 3, 2009 Qs 200min potential double bottom at 1 and 2 day w/top of 2day currently ~Doc's projection Link to comment Share on other sites More sharing options...
Trader Joe Posted March 3, 2009 Report Share Posted March 3, 2009 OT Finally got Chrome to work.... WOW Fast....Fast....Fast..... Link to comment Share on other sites More sharing options...
Recommended Posts
Archived
This topic is now archived and is closed to further replies.