SPX now up 18 of the last 22 days
17 replies to this topic
Posted 23 January 2012 - 05:01 PM
Another V bottom,it's all good....
Until they wake up
Posted 23 January 2012 - 06:01 PM
Could be. Of course, as I expect we are all aware, no one is a perfect indicator of the market, whether straightforward or contrarian-- except Terry Laundry as a contrarian indicator. Just kidding, LOL.
Posted 23 January 2012 - 06:03 PM
Give GranDeVille a shovel
...and tell him to start digging
He can then bury his pathetic career of himself
I care not which
Posted 23 January 2012 - 06:20 PM
Spin machine on full bullshit mode....
Stocks Are Cheaper Than They've Been in Two Decades...CNBC
U.S. stocks are trading at their cheapest levels since at least 1990, according to such commonly used valuations as price-to-earnings and price-to-book ratios as well as dividend yield, Bespoke Investment Group says.
Posted 23 January 2012 - 06:23 PM
They were 15- to 20% cheaper just a few months ago,who came up with this pile of shit?
Posted 23 January 2012 - 06:31 PM
Maybe this kid?
"It's tough to make predictions, especially about the future" Yogi Berra
"If you believe people are rational beings, you will go through life frustrated and confused" Scott Adams
"Don't dig the dialog of denial"
"No, I don't know that atheists should be considered as citizens, nor should they be considered as patriots. This is one nation under God." George W. Bush
Posted 23 January 2012 - 07:04 PM
Posted 23 January 2012 - 07:57 PM
Can't say i understand how taking a 80% loss on Greek bonds is even remotely bullish,never mind the fact that there is a 100% chance they will default again anyway.I guess when Spain,Portugal and Italy default and take a 80% haircut we will melt up once again.
Liquidity and not facts matter when the game is rigged,but one big ugly melt down day on big volume could easily reverse all the gains in the last few weeks.Right now bulls could fart and ES goes up 5 points.
Posted 23 January 2012 - 07:59 PM
That is one bullish daily candle on Nat Gas futures. Above 2.617 and 2.700 comes into play tagging the 20 ema and beyond possibly until the bears come back.
Posted 23 January 2012 - 08:00 PM
Posted 23 January 2012 - 08:06 PM
Gold trading above the 20 ema and 50 sma on the weekly and daily. Might have trouble at 1700. Above there and 1720 area comes into play.
Posted 23 January 2012 - 08:16 PM
ES pulled back at the same zone as last summer. Pretty weak action on that daily chart. Look at all those pitiful little candles. Would not be surprised if we see a test of 1300 or a tag of the 20 at 1285. Above 1318 though and it could be on its way to 1330. Trade safe stoolies.
Posted 23 January 2012 - 08:47 PM
TXN calling a bottom,but closing 2 plants and guiding much lower....Really?
These games are getting more f*cked up by the day,stock get bid up AH because they are dumping another 1k employees.
Shares of Texas Instruments Inc. rose in after-hours trading on Monday after the chip giant reported better-than-expected revenues, and its chief executive called the bottom of the downturn.
The company’s earnings included 16 cents a share in charges related to its acquisition of National Semiconductor and 7 cents a share related to the closure of two factories.
anal cysts had expected the Dallas-based chip company to post earnings of 39 cents a share, on revenue of $3.25 billion, according to a consensus survey by Thomson Reuters.
For the current quarter, TI said it expects revenue in the range of $3.02 billion to $3.28 billion, and earnings in the range of 16 cents a share to 24 cents a share.
anal cysts were expecting earnings of 41 cents a share, on revenue of $3.23 billion, according to data from Thomson Reuters.
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