Jump to content


Photo
- - - - -

Attenuated amnesty


This topic has been archived. This means that you cannot reply to this topic.
346 replies to this topic

#16 TenaciousG

TenaciousG

    Master of Stock Proctology

  • Members
  • PipPipPip
  • 1,732 posts

Posted 20 May 2010 - 07:36 AM

Bangkok burns to the ground and the market shrugs its shoulders but a bunch greasers start a riot and the market throws up! Bizzaro world
Cynically optimistic

#17 DrStool

DrStool

    Chief of Stock Proctology

  • Admin
  • PipPipPipPipPipPipPipPipPip
  • 83,487 posts

Posted 20 May 2010 - 07:36 AM

According to McClellan and Summation, which are nearing extreme Dover Sole conditions again, a bounce of some kind is getting close.





Pursuant to what I said yesterday, beware of those short term indicators in the first stage of a bear market. How do we know that it's the first stage of a bear market- because the short term indicators will drop to new extremes and stay buried there for days or weeks. I know it's tautological, but the other way to tell is to look at indicators with a longer period input.You can follow indicators for multiple time frames from short term to long term in the Wall Street Examiner Professional Edition Daily Market Update and support your community. Join NOW!

If your portfolio has you feeling irregular, for fast, long lasting relief, take a subscribatory. And support your local Stool!

#18 DrStool

DrStool

    Chief of Stock Proctology

  • Admin
  • PipPipPipPipPipPipPipPipPip
  • 83,487 posts

Posted 20 May 2010 - 07:38 AM

Good Morning!

Welcome to The Daily Stool! Thanks to aussiebear for opening the thread each day!

You can join the discussion by registering (PG rated user names only, please) and posting here as well.

Registration is easy. Just click the Register link above, enter your email address (which you have the option to keep confidential), and enter a user name. Due to a deluge of spam registrations, I review all registrations so it may take a few hours for your registration to be approved.

If you have questions about how to register and post, use the Help link in the menu bar at the top of the page.

If you know others who might be interested in joining us, use the email to a friend link above the thread.

Many tanks for joining us!

Doc


Try the Professional Edition risk free for thirty days. If, within that time you don't find the information helpful, I'll give you a full refund. It's that simple!Click here for more information.

Subscribe to the Wall Street Examiner Professional Edition Precious Metals Daily, just $49 quarterly. Try it risk free for 30 days!

Get this indispensable daily analysis and support the Stool!

Posted Image

[color=gray]

If your portfolio has you feeling irregular, for fast, long lasting relief, take a subscribatory. And support your local Stool!

#19 Trader Joe

Trader Joe

    Phd, Douchebagology

  • Members
  • PipPipPipPipPipPipPipPipPip
  • 13,570 posts

Posted 20 May 2010 - 07:39 AM

Bangkok burns to the ground and the market shrugs its shoulders but a bunch greasers start a riot and the market throws up! Bizzaro world



Dude

I was just thinking (and about to post) the EXACT same thing

UFB

#20 I_Am_Madness

I_Am_Madness

    Dean of Stock Proctology

  • Members
  • PipPipPipPipPipPipPipPipPip
  • 16,554 posts

Posted 20 May 2010 - 07:39 AM

Picture perfect test...

Attached Images

  • es.jpg

Stop the Madness

#21 Trader Joe

Trader Joe

    Phd, Douchebagology

  • Members
  • PipPipPipPipPipPipPipPipPip
  • 13,570 posts

Posted 20 May 2010 - 07:41 AM

"The Market"

...is the dumbest money anywhere on the planet (CNBC, Q.E.D.)

Just trade over it, around it and under it for acres of diamonds...pick'em up one by one

#22 I_Am_Madness

I_Am_Madness

    Dean of Stock Proctology

  • Members
  • PipPipPipPipPipPipPipPipPip
  • 16,554 posts

Posted 20 May 2010 - 07:47 AM

Gold continues it's tourney south.
Stop the Madness

#23 TenaciousG

TenaciousG

    Master of Stock Proctology

  • Members
  • PipPipPip
  • 1,732 posts

Posted 20 May 2010 - 07:47 AM

I have 1080 (LinRegr bottom) and 1070 (50wkMA) for support on the ES weekly chart - will look to flatten my short position around this area.

EDIT: Thank goodness we have those "circuit breakers" in place to protect the buy and holder long dongers with market stops!
Posted Image

</div>
Cynically optimistic

#24 Trader Joe

Trader Joe

    Phd, Douchebagology

  • Members
  • PipPipPipPipPipPipPipPipPip
  • 13,570 posts

Posted 20 May 2010 - 07:52 AM

Gold continues it's tourney south.


Not even a pop when the indices dropped....not a good sign fer 'Ol Yeller

Not good at all...

#25 I_Am_Madness

I_Am_Madness

    Dean of Stock Proctology

  • Members
  • PipPipPipPipPipPipPipPipPip
  • 16,554 posts

Posted 20 May 2010 - 07:54 AM

I think we close green today.

EUR/USD isn't dropping anymore.
Stop the Madness

#26 I_Am_Madness

I_Am_Madness

    Dean of Stock Proctology

  • Members
  • PipPipPipPipPipPipPipPipPip
  • 16,554 posts

Posted 20 May 2010 - 07:55 AM

Not even a pop when the indices dropped....not a good sign fer 'Ol Yeller

Not good at all...


I think that was it at 1178.
I went long at 1181...

Stop below 1170...
Stop the Madness

#27 TenaciousG

TenaciousG

    Master of Stock Proctology

  • Members
  • PipPipPip
  • 1,732 posts

Posted 20 May 2010 - 07:56 AM

I think we close green today.

EUR/USD isn't dropping anymore.


Good catch - just noticed that. Interesting
Cynically optimistic

#28 Trader Joe

Trader Joe

    Phd, Douchebagology

  • Members
  • PipPipPipPipPipPipPipPipPip
  • 13,570 posts

Posted 20 May 2010 - 08:02 AM

I guess the volatility is needed by the Cartel to shake more money out of cry babies that can't take it...

Weak longs -- kill'em

Weak shorts -- kick their teeth in

Standing stop loss clowns -- run'em down

Steel Stomachs and Brass Balls to be rewarded on commensurate basis to risk

#29 TenaciousG

TenaciousG

    Master of Stock Proctology

  • Members
  • PipPipPip
  • 1,732 posts

Posted 20 May 2010 - 08:03 AM

I bet some folks made their entire year in April and May. Oil down almost $20, S&P - 140pts, Euro -1000pips +

Summer may be a range bound snooze fest
Cynically optimistic

#30 Jimbo

Jimbo

    Doctor of Stock Proctology

  • Members
  • PipPipPipPip
  • 2,151 posts

Posted 20 May 2010 - 08:03 AM

"The Market"

...is the dumbest money anywhere on the planet (CNBC, Q.E.D.)

Just trade over it, around it and under it for acres of diamonds...pick'em up one by one "



The market is like any other sweet smelling corpse

It attracts an interesting facinating and almost endless variety of carrion and predators.
timoleon





Stock market portfolio giving you the runs? See Dr. Stool.

Take a subscribatory!
Download 
The Anals of Stock Proctology now!



The Daily Stool - Stock Market Message Board
Stool's Gold- Gold and Precious Metals Forum
Look Out Below Message Board

Support your local Stool Board.


The Al E. Greenspeuman designer line at Stoolmart. Get yours today! Click here now!
Get Mugged!


Dr. Stool's
Book Search

Enter title, author, or keyword
Just books
All Products





Old Stool Depository

Live Steaming Pile Chart