Frenchy Posted November 13, 2007 Report Share Posted November 13, 2007 oil is getting severly punish again, at this rate, gas is free next month Who as the balls to short the market now? This is crazy, i wonder where they found those belivers. Link to comment Share on other sites More sharing options...
Drano Posted November 13, 2007 Report Share Posted November 13, 2007 Wow, I'm glad I didn't close my XOM puts yesterday. They almost got me this morning with that little run up. Link to comment Share on other sites More sharing options...
K Wave Rider Posted November 13, 2007 Report Share Posted November 13, 2007 Gold takes out 805 Link to comment Share on other sites More sharing options...
summoner Posted November 13, 2007 Report Share Posted November 13, 2007 ER 783-785 HUGE resistance, altho RUSTY maxpain 810. Doubt we get anywhere close. Trade Safe Link to comment Share on other sites More sharing options...
curious Posted November 13, 2007 Report Share Posted November 13, 2007 Looks like the Fed is doing a prop job today. That repo was against no expirations. 623740[/snapback] Perhaps this is an ETRADE special repo Link to comment Share on other sites More sharing options...
DrStool Posted November 13, 2007 Report Share Posted November 13, 2007 QQQQ has also edged up to the 8 day cycle MA at 49.76. SO all three indexes are hitting crucial trend resistance lines here. If they get through, I'd expect a big move up for the balance of the day after a pullback to the breakout. Link to comment Share on other sites More sharing options...
DrStool Posted November 13, 2007 Report Share Posted November 13, 2007 If they fail here, I'd expect a smash. Link to comment Share on other sites More sharing options...
DrStool Posted November 13, 2007 Report Share Posted November 13, 2007 Keep in mind that the Fed only trades with the Gang of 21. If this is an Etrade bailout, then it has to go through one of the Gang. I suspect that if it was a bailout, that the repo would have been for more than overnight. Link to comment Share on other sites More sharing options...
DrStool Posted November 13, 2007 Report Share Posted November 13, 2007 If they are going to roll over here, I would think that the first signal would be on the qqqq 5 hr cycle. So far, no signals. Extended, but still on the buy side. Link to comment Share on other sites More sharing options...
DrStool Posted November 13, 2007 Report Share Posted November 13, 2007 qqqq approaching 3 day cycle projeciton of 49.75-.80. That may not be the last word. The projection could reasonably go as high as 50.40 if they break this projection. Link to comment Share on other sites More sharing options...
Jimi Posted November 13, 2007 Report Share Posted November 13, 2007 I am trying to understand the "level 3" isssues that keep on being brought up. Can someone explain or provide a link. thanks 623741[/snapback] http://www.rgemonitor.com/blog/roubini/225427/ http://www.rgemonitor.com/blog/roubini/224871/ Link to comment Share on other sites More sharing options...
DrStool Posted November 13, 2007 Report Share Posted November 13, 2007 RE jected! Let's see if they can hold. All 3 were stopped virtually right at the key MAs. Link to comment Share on other sites More sharing options...
itiswhatitis Posted November 13, 2007 Report Share Posted November 13, 2007 I am trying to understand the "level 3" isssues that keep on being brought up.? Can someone explain or provide a link. thanks 623741[/snapback] http://www.rgemonitor.com/blog/roubini/225427/ http://www.rgemonitor.com/blog/roubini/224871/ 623756[/snapback] Much Obliged! Link to comment Share on other sites More sharing options...
potatohead Posted November 13, 2007 Report Share Posted November 13, 2007 *DJ Bush Vetoes Health And Education Spending Bill keep the population dumb... Link to comment Share on other sites More sharing options...
prancing_cow Posted November 13, 2007 Report Share Posted November 13, 2007 *DJ Bush Vetoes Health And Education Spending Bill keep the population dumb... 623759[/snapback] is it bullish or bearish? Link to comment Share on other sites More sharing options...
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