swordfish Posted May 26, 2011 Report Posted May 26, 2011 enjoy m2m All important tickers are ABOVE key levels. Take a look at: 10y yields - 3.00% is a key + 200 ema sma DX future (ICE) hit the tick trendline (via 2008 2009 2010 bottom) Copper - still above 4.00 in weekly silver still above 34 - weekly eurusd - still above 1.3950 weekly (still above 20 ema weekly, above key horizontal line around ~1.4070, trendline via tops since 1.60 in log scale via weekly close) More over - this is a perfect place for uphase or rally. Who knows where it will take us. Still place to pick up new longs in equities. I would be VERY suprised if the market break above mentioned levels in those tickers just from the start. TOPs takes time.
swordfish Posted May 26, 2011 Author Report Posted May 26, 2011 hey Shorty! something for you! http://www.docstoc.com/docs/80428805/SocGen-Alternative-View-2011-05-25-Albert-Edwards Na Zdrowie!
swordfish Posted May 26, 2011 Author Report Posted May 26, 2011 I'll try.......... I change the entry "post" but still enjoy m2m:)
K Wave Rider Posted May 26, 2011 Report Posted May 26, 2011 IF bears can attack overnight, NYA is setup perfectly for Falling 3 Methods bear setup...in the airgap underneath the 13, 20, 50 and 72 MAs as they try to roll in snyc. If it does show up, a move towards 200 day would become much more likely... methinks if bears do not show up manana, some sort of IT bottom may be in...now or never...
Trader Joe Posted May 26, 2011 Report Posted May 26, 2011 On a funnier note...I pulled this pic from the lastest Banzi7 post on ZeroCred Half these guys lived within 3 miles of me BWHAHAHAHAAHAHAH Hey, at least the neighborhood is always "safe" The reason I posted it, is that you could just as easily insert any Primary Dealer name in the title...it's all the same....everyone one is ripping off someone else....the whole country is one big circle jerk Although that's not to say any of these guys are jerks...they're all swell....just swell
Trader Joe Posted May 26, 2011 Report Posted May 26, 2011 Gawd dam yummy f**king cake rings Note, that chart pattern had lower high and lower low written all over it KKD bears got pig roasted
K Wave Rider Posted May 26, 2011 Report Posted May 26, 2011 looky where TZA closed....right at the now rising 500/900 junction on the 15 min chart....
Frenchy Posted May 26, 2011 Report Posted May 26, 2011 IF bears can attack overnight, NYA is setup perfectly for Falling 3 Methods bear setup...in the airgap underneath the 13, 20, 50 and 72 MAs as they try to roll in snyc. If it does show up, a move towards 200 day would become much more likely... methinks if bears do not show up manana, some sort of IT bottom may be in...now or never... I think we revisit the 'afterhours' lows in the next day sessions, maybe during the next 2 trading days, before we go up.
I_Am_Madness Posted May 26, 2011 Report Posted May 26, 2011 I think we revisit the 'afterhours' lows in the next day sessions, maybe during the next 2 trading days, before we go up. You mean after hour lows on May 24th?
I_Am_Madness Posted May 26, 2011 Report Posted May 26, 2011 Well, since getting stopped out for a small lost at the close yesterday i ended up watching today's rally on the RUT will amazement. Tremendous strength even when the dow did that 30-40 point dip towards the close. Government hard at work it looks like. I just entered a TF short position here at 832 with stop above 838. I think it's real good risk and reward here. Should get at least 5 points to 827 before tomorrow's close. Planning on taking half of the table if it gets to 827. Trade Safe and..Trade safe.
Bungster Posted May 26, 2011 Report Posted May 26, 2011 hey Shorty! something for you! http://www.docstoc.com/docs/80428805/SocGen-Alternative-View-2011-05-25-Albert-Edwards Na Zdrowie! Classic Bear Porn!
Trader Joe Posted May 26, 2011 Report Posted May 26, 2011 Well, since getting stopped out for a small lost at the close yesterday i ended up watching today's rally on the RUT will amazement. Tremendous strength even when the dow did that 30-40 point dip towards the close. Government hard at work it looks like. I just entered a TF short position here at 832 with stop above 838. I think it's real good risk and reward here. Should get at least 5 points to 827 before tomorrow's close. Planning on taking half of the table if it gets to 827. Trade Safe and..Trade safe. Micro-second scalp trading is one of the only ways you're going to make money while waiting out this mess Watching option premiums erode to zero is another They have land mines hidden all over the place
I_Am_Madness Posted May 26, 2011 Report Posted May 26, 2011 Ignore this post if you're not a volume guy but almost every bottom on the RUT is confirmed by volume spike. I'm using IWM here to view volume. I'm not seeing any volume spike on this bottom. Maybe that spike down overnight was it....but i doubt it.
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