MisFit Kid Posted May 23, 2012 Report Posted May 23, 2012 Massive intra-day rebound rally in all indexes..... The Dow's final number tells all.......
Dopamine Posted May 23, 2012 Report Posted May 23, 2012 I am very bullish here. If we have hammered the bottom, and I think we did, tomorrow we should pop big. IMVHO
Jimi Posted May 23, 2012 Report Posted May 23, 2012 I am very bullish here. If we have hammered the bottom, and I think we did, tomorrow we should pop big. IMVHO Overnight German caving to Euro demands for it to bail out the PIIGS would do it. Knife's edge.
zero_value Posted May 23, 2012 Report Posted May 23, 2012 That move in the NQM12 from 2498 to 2520 was so controlled (should have lighten up a bit on the shorts) but then there was a sharp drop to 2506. Was thinking of adding to shorts but decided to put an order to buy at 2487 and then one to sell at 2549. I go to a meeting and less than 90 minutes the freaking index is at 2552! No intervention here we cannot even get a normal pull back in the Dow of 10%. Just remember we are at nose bleed levels here especially the NasCrack up close to 400% in just a few short years. Keep an eye on the Dollah, the big fat invisible elephant is trying to be capped but its leaking deflationary gases.
zero_value Posted May 23, 2012 Report Posted May 23, 2012 I am very bullish here. If we have hammered the bottom, and I think we did, tomorrow we should pop big. IMVHO Not sure what your smoking Dope but this market action is ugly and suggest we are on the cusp of an ugly down leg. If the Dollah was weaker here maybe possibly a big leg up but the flight to US Cash will trump all this ain't changing for a long time until or when if ever the US Dollah becomes a second class citizen. Might get a little pop but I would be a strong seller into any strength.
Trader Joe Posted May 23, 2012 Report Posted May 23, 2012 Overnight German caving to Euro demands for it to bail out the PIIGS would do it. Knife's edge. ...or razor
Trader Joe Posted May 23, 2012 Report Posted May 23, 2012 Clear to me that "The Them" is throwing up the "Bat Signal" Number of the beast Big down coming...
DrStool Posted May 23, 2012 Report Posted May 23, 2012 Not sure what your smoking Dope but this market action is ugly and suggest we are on the cusp of an ugly down leg. If the Dollah was weaker here maybe possibly a big leg up but the flight to US Cash will trump all this ain't changing for a long time until or when if ever the US Dollah becomes a second class citizen. Might get a little pop but I would be a strong seller into any strength. Technically, I see a strong case to be made on both sides of this. The market hasn't made up its mind yet. Could go either way. Get daily updates on the 4 week, 6-7 week, 13 week, 6 month and 10-12 month cycle projections and multiple time frame cyclical, regression channel, and equal width channel support and resistance chart updates daily in the Wall Street Examiner Professional Edition Daily Market Update and support your community. Join NOW!
bundys_dodge Posted May 23, 2012 Report Posted May 23, 2012 Continuing with the "666" theme - Dow down 6.66 6.66/3 = 2.22 S&P up 2.23 Looks like someone tried hard to keep the last digit not '2'. I am pathetic...
Goldmember Posted May 23, 2012 Report Posted May 23, 2012 Clear to me that "The Them" is throwing up the "Bat Signal" Number of the beast Big down coming... 666 is the AAPL target. Hey, you rated your own post! 2 minutes in the box and feel shame.
Jetlag Posted May 23, 2012 Report Posted May 23, 2012 -6.66 That's code for bull's messaging to bears: all your shorts are belong to us... make your time. Have I posted this chart before ? How 'bout this one? Maybe Tirader Joe's right and they'll drag this thing down a bit more into June/July...
DrStool Posted May 23, 2012 Report Posted May 23, 2012 Continuing with the "666" theme - Dow down 6.66 6.66/3 = 2.22 S&P up 2.23 Looks like someone tried hard to keep the last digit not '2'. I am pathetic... Yes. and did you see my note about the missing aviators?
DrStool Posted May 23, 2012 Report Posted May 23, 2012 I really like the new board software. Build it and they will come... ihhh... nah... You have to feed them sugar. Then they'll come. I don't do sugar.
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