DrStool Posted July 2, 2013 Report Share Posted July 2, 2013 Couple of short term resistance lines converge at 1624. If they can clear that, room to run to 1630. Support indicated at 1615. Link to comment Share on other sites More sharing options...
DrStool Posted July 2, 2013 Report Share Posted July 2, 2013 $spx 5 day cycle sell signal from negative divergence here. We know what that usually means. Link to comment Share on other sites More sharing options...
DrStool Posted July 2, 2013 Report Share Posted July 2, 2013 Alan Tonelson @AlanTonelson13m #NYFed's #Dudley: Blame #fiscal #drag & #Europe 4 poor growth desp unheard of #easing. US #fundamentals "improved": http://www.newyorkfed.org/newsevents/speeches/2013/dud130701.html … Lee Adler @Lee_Adler7m @AlanTonelson But they'll keep telling it until it becomes truth. An old Goebbelsian tactic. Our plutocrat apparatchiks have learned it well Alan Tonelson @AlanTonelson2m @Lee_Adler I really think #Fed is struggling w/how 2 #ease in some foreseeable future. Why else wd officials keep raising prospect?>> Link to comment Share on other sites More sharing options...
DrStool Posted July 2, 2013 Report Share Posted July 2, 2013 $spx 2 day cycle projection 1608. Thanks Bill Dudley. Link to comment Share on other sites More sharing options...
zero_value Posted July 2, 2013 Report Share Posted July 2, 2013 $spx 2 day cycle projection 1608. Thanks Bill Dudley. Be careful this next leg will be very painful for da dipsters I was hoping for another day or several days where I can add to shorts. Link to comment Share on other sites More sharing options...
DrStool Posted July 2, 2013 Report Share Posted July 2, 2013 $spx 3 day cycle projection 1605. Link to comment Share on other sites More sharing options...
DrStool Posted July 2, 2013 Report Share Posted July 2, 2013 $spx 5 day cycle projection and a channel line at 1610. Link to comment Share on other sites More sharing options...
DrStool Posted July 2, 2013 Report Share Posted July 2, 2013 Needs to take out support at 1610 or else go back up. Down phase would be sideways. Link to comment Share on other sites More sharing options...
DrStool Posted July 2, 2013 Report Share Posted July 2, 2013 I still can't believe that that moron economist really thought that the Fed has tightened because mortgage rates went up. Link to comment Share on other sites More sharing options...
specie Posted July 2, 2013 Report Share Posted July 2, 2013 i don't any indicators left that say be in the stock "market" they all say "out" Link to comment Share on other sites More sharing options...
DrStool Posted July 2, 2013 Report Share Posted July 2, 2013 I must have different indicators. Most are shrugging their shoulders saying "WTF do I know?" So, what do you think the Treasury will do with that $69 billion windfall? Link to comment Share on other sites More sharing options...
DrStool Posted July 2, 2013 Report Share Posted July 2, 2013 Toothless bears vomit it up again. Support line holds. Am I shocked? Not really. There's still too much cash that wants in. Link to comment Share on other sites More sharing options...
DrStool Posted July 2, 2013 Report Share Posted July 2, 2013 I am being pressured by bears left and right. Here on the board. Todd Harrison, Michael Santoli, and my friend Lindsay Williams who emails me every time the market drops 1% telling me we're going to 1550 right now. Link to comment Share on other sites More sharing options...
JonLaw Posted July 2, 2013 Report Share Posted July 2, 2013 I am being pressured by bears left and right. Here on the board. Todd Harrison, Michael Santoli, and my friend Lindsay Williams who emails me every time the market drops 1% telling me we're going to 1550 right now. That probably means that we tread water for several months. Link to comment Share on other sites More sharing options...
DrStool Posted July 2, 2013 Report Share Posted July 2, 2013 I just watch and report what I see. Link to comment Share on other sites More sharing options...
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