DrStool Posted March 21, 2012 Report Posted March 21, 2012 The lack of interest in the tape today suggests that some kind of break probably lies immediately ahead.
shorty Posted March 21, 2012 Report Posted March 21, 2012 I think we break down hard from here and blow right thru 1050 by Aug. Sorry to see Crapple bagholders all lost money today, they should have sold yesterday.
Bungster Posted March 21, 2012 Report Posted March 21, 2012 Looks like indecies are working off the excesses by going sideways. Since Gameover is not here - it's look'n uber bullish... Anyway - that's what I'm drinking these dayz...
gameover Posted March 21, 2012 Report Posted March 21, 2012 I think we break down hard from here and blow right thru 1050 by Aug. no offense, but that is delusional monthly charts continue to be bullish, new all time highs by JULY then, it's GAMEOVER as for Goldman's bullish call, i just laugh, they call for a down year and it's been STRAIGHT UP since 1/1, now they make super bull call on equities and bearish on bonds. they'll be right on equities for a few months, but don't count on them calling the top, their mammon god doesn't allow that. as for 10 yr futures, right down to the 200dma right on cue, now a rally from here. anyone that thinks bonds are going to just implode needS to look at this chart from japan and this is what it's going to look like right here for YEARS. http://www.gecodia.com/Japan-Government-10Y-Yields_a1305.html Despite those bottom of the pond scum yields, there were many Nikkei huge declines and it won't be any different here either as for ES, yawn, mild bull flag pullback, i suspect tomorrow or friday the quarter end parabolic run continues
shorty Posted March 21, 2012 Report Posted March 21, 2012 I think we break down hard from here and blow right thru 1050 by Aug. . . . no offense, but that is delusional as for ES, yawn, mild bull flag pullback, i suspect tomorrow or friday the quarter end parabolic run continues no offense, butt that is complacent we just went up over 300 points in about 5 months, why is it delusional to expect an equivalent point drop in an equivalent time period going forward? (especially considering what happened in August last year) from 666 to 1406 was a 740 point bull run retracing half that would put us at 1036 seems reasonable to me disclosure: I'm long OEX puts purchased yesterday near the close
DrStool Posted March 21, 2012 Report Posted March 21, 2012 I think we break down hard from here and blow right thru 1050 by Aug. no offense, but that is delusional monthly charts continue to be bullish, new all time highs by JULY then, it's GAMEOVER as for Goldman's bullish call, i just laugh, they call for a down year and it's been STRAIGHT UP since 1/1, now they make super bull call on equities and bearish on bonds. they'll be right on equities for a few months, but don't count on them calling the top, their mammon god doesn't allow that. as for 10 yr futures, right down to the 200dma right on cue, now a rally from here. anyone that thinks bonds are going to just implode needS to look at this chart from japan and this is what it's going to look like right here for YEARS. http://www.gecodia.c...elds_a1305.html Despite those bottom of the pond scum yields, there were many Nikkei huge declines and it won't be any different here either as for ES, yawn, mild bull flag pullback, i suspect tomorrow or friday the quarter end parabolic run continues As I said earlier, with Goldman, it's all about wholesale to retail distribution and how to market inventory. They have inventory to distribute that they need to mark up and move.
DrStool Posted March 21, 2012 Report Posted March 21, 2012 Latest Story What If There’s a Bank Run? March 21, 2012By Lee AdlerRuss Winter and Lee Adler, joined by Aaron Krowne, argue the likelihood of a bank run, what the Fed would do, and what the impact would be. L This is a subscriber only podcast. If you are not a subscriber, click here to access the most recent free podcast posted on Monday, March 5. Subscribers can click the player at the bottom of this post (visible on Radio Free Wall Street main site only) to listen to today’s podcast, or use this link to download.
Recommended Posts
Archived
This topic is now archived and is closed to further replies.