Goldmember Posted August 5, 2009 Report Share Posted August 5, 2009 Live footage from North Korea: ol' Slick Willie Clinton frees US reporters: [flash=425,345]http://www.youtube.com/watch?v=OXw832QuG9A.swf "North Korea frees two U.S. journalists after Clinton trip" http://www.reuters.com/article/topNews/idUSTRE5735XL20090804 Side note: They don't do good action flicks like that anymore. It's all about the cgi and big budgets nowadays. http://www.theonion.com/content/news/recen...n_international Link to comment Share on other sites More sharing options...
Charmin Posted August 5, 2009 Report Share Posted August 5, 2009 Caterpillar cuts overhead, cuts jobs and years from now they'll make some money. They cut too deep? Today's nonsense helped because the cat is out of the bag http://www.StockSharePublishing.com/ChartL..._1249435275.png Link to comment Share on other sites More sharing options...
Charmin Posted August 5, 2009 Report Share Posted August 5, 2009 SPY right at November monthly high retest. http://www.StockSharePublishing.com/ChartL..._1249436158.png Link to comment Share on other sites More sharing options...
BusKow Posted August 5, 2009 Report Share Posted August 5, 2009 Tunnel is a long term method...buy in a downtrend (blue)...see the struggle at the ma's...clear now... Q ratio shows the low at Dec 08 Link to comment Share on other sites More sharing options...
BusKow Posted August 5, 2009 Report Share Posted August 5, 2009 In the big picture these are very volatile negative days... Comparing bottoms Double top and crash The last year Link to comment Share on other sites More sharing options...
T_Slim Posted August 5, 2009 Report Share Posted August 5, 2009 The old Dowser is approaching an interesting place on the daily chart. That blue ema is the 365. It's already taken out the 150 and the 200. I would expect some sort of pullback once price tags the 365. Plus this will be the third attempt at that 9500 to 9800 zone. Will we get a bearish engulfing, doji, shooting star or any other bearish signal. We'll see. Link to comment Share on other sites More sharing options...
T_Slim Posted August 5, 2009 Report Share Posted August 5, 2009 And just for the record, without posting a chart: treasury prices are still looking bearish. Link to comment Share on other sites More sharing options...
I_Am_Madness Posted August 5, 2009 Report Share Posted August 5, 2009 2 months ago i was net short probably around 110%. I got blown out of most of my positions but ended up with a SMALL gain across the board. My entry was around 930-950 on S&P. I had put options on a number of high beta stocks and also have a number of short ES contracts out (also scalped in and out a few times for small change). I rarely go beyond 80% net short, but I was convinced the market was heading south over the next few months to test some of those fib levels down below. As i watched S&PEE's decline get halted at the 200 dma for a total of 3 times, i had a bad feeling about things. On July 15th as S&PEE blew out the 925-928 zone to the upside i got stopped out and exited almost all my short positions. My GS put options were blown away a few days prior. My stops and exit points saved me from something like this.... Trade safe folks... http://www.xtrends.blogspot.com/ "Lightening doesn't strike more than once As most of you know I carried some large leveraged positions without managing for long time. My mistakes grew in time and yesterday my account reached its limits. This was my first intermediate term trading attempt on futures. There are many reasons for my large draw-downs but mostly psychological. One of the first books I read when I started trading was Reminiscences of a Stock Operator by Jesse Livermore. As I read the book, I got an image of a trader who learned from his mistakes as he made and lost money. Each failure followed by larger win and loss because the type of the mistakes he learned from were proportional to his account size. Link to comment Share on other sites More sharing options...
Jorma Posted August 5, 2009 Report Share Posted August 5, 2009 "This is a sensitive time for us, and [blankfein] wants to make sure that we're not being seen living high on the hog," a source told the Post. What's the world coming to if a Pigman can't live high on the hog? Link to comment Share on other sites More sharing options...
Jimi Posted August 5, 2009 Report Share Posted August 5, 2009 What a greedy stupid bastard. Give me $4m, and I will never work again a day in my stupid short life. What a moran. Link to comment Share on other sites More sharing options...
Recommended Posts
Archived
This topic is now archived and is closed to further replies.