Jetlag Posted February 16, 2012 Report Share Posted February 16, 2012 Market is still too bullish for even Gameover to keep up with, LOL. He's probably too busy buying hand over fist. Link to comment Share on other sites More sharing options...
Goldmember Posted February 16, 2012 Report Share Posted February 16, 2012 Gold miners on fire to the upside. Gapped down this morning, turned around and never looked back. Nice blast-off. Link to comment Share on other sites More sharing options...
psyche doctor Posted February 16, 2012 Report Share Posted February 16, 2012 crapple nearly overlapped wave 1, but so far hasn't. Link to comment Share on other sites More sharing options...
psyche doctor Posted February 16, 2012 Report Share Posted February 16, 2012 crapple nearly overlapped wave 1, but so far hasn't. We have overlap.... either the bottom is in or the low was wave A and now in wave B..... Link to comment Share on other sites More sharing options...
MrHanky Posted February 16, 2012 Report Share Posted February 16, 2012 The crazy thing is that buying the dip worked for everything you can imagine,nothing left behind except maybe Natural gas. I never thought the SPX could be near multi year highs with treasuries within earshot of 50 year highs...... Complete insanity (And another new decade high on QQQ today at this rate) Link to comment Share on other sites More sharing options...
psyche doctor Posted February 16, 2012 Report Share Posted February 16, 2012 Maybe something like this: Link to comment Share on other sites More sharing options...
MisFit Kid Posted February 16, 2012 Report Share Posted February 16, 2012 The crazy thing is that buying the dip worked for everything you can imagine,nothing left behind except maybe Natural gas. I never thought the SPX could be near multi year highs with treasuries within earshot of 50 year highs...... Complete insanity (And another new decade high on QQQ today at this rate) Its called The Great Illusion Give credibility and substance to an empty room. (anything real becomes virtually undetectable, even invisible) Link to comment Share on other sites More sharing options...
Bungster Posted February 16, 2012 Report Share Posted February 16, 2012 The crazy thing is that buying the dip worked for everything you can imagine,nothing left behind except maybe Natural gas. I never thought the SPX could be near multi year highs with treasuries within earshot of 50 year highs...... Complete insanity (And another new decade high on QQQ today at this rate) Coordinated Central Bank injections (C2BI)............ Link to comment Share on other sites More sharing options...
MrHanky Posted February 16, 2012 Report Share Posted February 16, 2012 Maybe something like this: I think 450-460ish is a reasonable target if it starts to roll over again,probably pretty strong support there.If that failed,430 would be next. But if it goes the other way (above yesterday's highs),the sky is the limit. Link to comment Share on other sites More sharing options...
Jetlag Posted February 16, 2012 Report Share Posted February 16, 2012 crapple should be doubled up to 1000 for obuma reelection as a sucksess story in the US corporate landscape. Link to comment Share on other sites More sharing options...
MrHanky Posted February 16, 2012 Report Share Posted February 16, 2012 Sold a few bonds today,pain in the ass selling any size though.REALLY want to get into cash ASAP..... Anyone want to buy my crappy paper? Link to comment Share on other sites More sharing options...
psyche doctor Posted February 16, 2012 Report Share Posted February 16, 2012 I think 450-460ish is a reasonable target if it starts to roll over again,probably pretty strong support there.If that failed,430 would be next. But if it goes the other way (above yesterday's highs),the sky is the limit. Still think today's bounce is corrective of yesterday's decline and that there is a little more work to be done on the downside. However, I do not think yesterday's high of 526 is going to hold for too long. Link to comment Share on other sites More sharing options...
psyche doctor Posted February 16, 2012 Report Share Posted February 16, 2012 crapotle starting to succomb to gravational forces again. Maybe Savage will return.... Link to comment Share on other sites More sharing options...
MrHanky Posted February 16, 2012 Report Share Posted February 16, 2012 People DESPERATE for yield..... Anything with a decent divvy seems to be flying. Link to comment Share on other sites More sharing options...
DrStool Posted February 16, 2012 Report Share Posted February 16, 2012 2 day cycle projection of 1358 has been hit, but initial 5 day cycle projection looks 1363-64 Link to comment Share on other sites More sharing options...
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