swordfish Posted April 17, 2009 Report Share Posted April 17, 2009 EDIT YES: this is the top NO: this in NOT the top hahahahahahaha This is the question. We should get an answer next week Moves in the bond market are also interesting. the same goes to EURUSD. the weekend has landed. Have a good one. Link to comment Share on other sites More sharing options...
shorty Posted April 17, 2009 Report Share Posted April 17, 2009 1. Bonds got hit hard today, almost two full points. That doesn't help the outlook for stocks. 2. Goog's failure to hold significant gains after earnings is a big red flag for me. 3. Looks like Wall Street, Inc. did a good job of propping up the fraudexes until every penny of the $5,000 per pop last-minute 2008 IRA contributions got taken in. Now they'll probably let it drop. 4. Monthly opex jam is over. 5. P/C ratios have been on the low side for days now. LOB Link to comment Share on other sites More sharing options...
DrStool Posted April 17, 2009 Report Share Posted April 17, 2009 Is that this is the question is not. Link to comment Share on other sites More sharing options...
swordfish Posted April 17, 2009 Author Report Share Posted April 17, 2009 Is that this is the question is not. hahahahaha ROTFL Link to comment Share on other sites More sharing options...
DrStool Posted April 17, 2009 Report Share Posted April 17, 2009 Top of what? 4 week cycle? 13 week cycle? 6 month cycle? 10-12 month cycle? Other? I understand the question is it. Link to comment Share on other sites More sharing options...
shorty Posted April 17, 2009 Report Share Posted April 17, 2009 how much of the big banks' good earnings came from bond trading, and even stock trading, based on inside information and Fed support? I think most of it which means their core banking businesses are still not sound, not even close somebody has to pay for all the loan defaults in reality the big banks are still losing money every day, no? Link to comment Share on other sites More sharing options...
DrStool Posted April 17, 2009 Report Share Posted April 17, 2009 Tomorrow in Philly they are going to have a wake at the ballpark starting at 8 AM. My guess is that they won't be able to get everyone in. If I was there, I would go. I'd be willing to bet that people will start lining up after tonight's game, and that they will be forced to open the gates much earlier than originally planned. Wouldn't be surprised to see a couple hundred thousand fans try to get there. There are already 14,600 entries in Google for Harry Kalas memorial. Pretty amazing tribute to a man whose voice many of us have heard more than any single person on earth- including our parents. Link to comment Share on other sites More sharing options...
shorty Posted April 17, 2009 Report Share Posted April 17, 2009 We have obvious double top reamsistance on the S&P 500 right here. I'm reamverting to my original expectoration of Nov 2009 fer this THE bottom of the bear. Link to comment Share on other sites More sharing options...
Bungster Posted April 17, 2009 Report Share Posted April 17, 2009 Seeing neggie D's on the 15 min charts.....I will use my mojo indicators to initiate shorts....maybe Moonday??? Congrats to Mr. Hanky on his very fine week of trading! Time for some sleep my friend... Link to comment Share on other sites More sharing options...
fxfox Posted April 17, 2009 Report Share Posted April 17, 2009 EDIT YES: this is the top NO: this in NOT the top hahahahahahaha This is the question. We should get an answer next week Moves in the bond market are also interesting. the same goes to EURUSD. the weekend has landed. Have a good one. I have landed too. And I say this: Yes is it: The weekend. The outlook for the market? I would say it is what it is until it isnt. Link to comment Share on other sites More sharing options...
Apogee Posted April 17, 2009 Report Share Posted April 17, 2009 The top is near, but the top ain't here.... Link to comment Share on other sites More sharing options...
Jetlag Posted April 17, 2009 Report Share Posted April 17, 2009 I'm sorry to disappoint you all but the TOP was in Oct'07. You're just a tad late. Link to comment Share on other sites More sharing options...
Dr.Correll Posted April 17, 2009 Report Share Posted April 17, 2009 Lemur, It was nice being out all day and coming home to see that 12% candle on the HTE daily. Looking at the chart last night today was do or die. Holding Strong from 3.15 Link to comment Share on other sites More sharing options...
byhiselo Posted April 17, 2009 Report Share Posted April 17, 2009 TOP is...only if you have no meaningful short exposure swenlin's latest: http://www.decisionpoint.com/ChartSpotlite.../090417_pb.html Link to comment Share on other sites More sharing options...
Cassiopeia Posted April 17, 2009 Report Share Posted April 17, 2009 Bears resign themselves to yet another weekend spent endlessly perusing Bullish Percentage Index charts from stockcharts? With a VIX chart from shzl thrown in for yuks. Ughhh. Link to comment Share on other sites More sharing options...
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