Bungster Posted September 30, 2011 Report Share Posted September 30, 2011 Case in point that intra day rapid-fire trading is best left to the likes of folks like IAM and KW You need to know and understand your limitations Yep, man has got to know his limitations... Link to comment Share on other sites More sharing options...
Scully Posted September 30, 2011 Report Share Posted September 30, 2011 I thought SPX was going to rally enough to close the gap, but it looks like the rally is failing... Link to comment Share on other sites More sharing options...
DrStool Posted September 30, 2011 Report Share Posted September 30, 2011 Wow, the $US is on a tear relative to the loony. Too late. I'm going back to FL in 10 days after getting screwed all summer. I was paying almost $5.50 a gallon US for premium gas. And grocery prices are just as absurd. Even though the CAD was really strong against the USD, Canadian retailers never lowered their prices on goods from the US, or priced in USD, or made in countries with USD peg. Canadian consumers got and are getting massively ripped off. Take your CADs, and go across the border to shop. Link to comment Share on other sites More sharing options...
Bungster Posted September 30, 2011 Report Share Posted September 30, 2011 I pity investors in uranium... Link to comment Share on other sites More sharing options...
Bungster Posted September 30, 2011 Report Share Posted September 30, 2011 I thought SPX was going to rally enough to close the gap, but it looks like the rally is failing... Yep, it looks that way. I guess we'll close that gap from lower levels.. Link to comment Share on other sites More sharing options...
Lemur Posted September 30, 2011 Report Share Posted September 30, 2011 Yep, man has got to know his limitations... Its all crap on Collective 2. Link to comment Share on other sites More sharing options...
Lugnut Posted September 30, 2011 Report Share Posted September 30, 2011 Methinks I will spend part of the day screening for the walking dead - those trading above 12 with crappy cash flow and earnings of the accounting trick variety. Those who won't survive the next leg down in the recession. The short and hold till they stick an "F" on the end of it. Biotech, software and entertainment used to harbor these turds. The clear em out plunge is due in Octoberand I want to ride some down on a tight stop, get a little of the dead cat bounce and short full for the death march. Link to comment Share on other sites More sharing options...
Thales Posted September 30, 2011 Report Share Posted September 30, 2011 Interesting Lugnut... Let us know what your watching. Link to comment Share on other sites More sharing options...
JonLaw Posted September 30, 2011 Report Share Posted September 30, 2011 Interesting Lugnut... Let us know what your watching. I think he's got a great strategy. What would be the most fun is if he posts updated charts periodically with the large colorful explanations of the stock cratering into oblivion. Link to comment Share on other sites More sharing options...
specie Posted September 30, 2011 Report Share Posted September 30, 2011 *DJ Fisher: US Fiscal Authorities Doing 'A Horrible Job' 11:14 AM Eastern Daylight Time Sep 30, 2011 better be careful out there Link to comment Share on other sites More sharing options...
K Wave Rider Posted September 30, 2011 Report Share Posted September 30, 2011 DOW pig still holding up better...but if YM 10925 falls by the wayside later today, could get ugly fast... Meanwhile Trannies continue to act weaker, and are trying for the breakaway downside from the 900 day...but if bears fail to break it down today, then time may running short for them.... Hourly inverse ETF charts still look more bullish than bearish, potentially explosively so, but they need to get off the launch pad fairly soon, or we may have an aborted mission... Link to comment Share on other sites More sharing options...
K Wave Rider Posted September 30, 2011 Report Share Posted September 30, 2011 12 hour YM chart all coiled and ready to spring into action....back below the purple 13 MA, and things likely disintegrate fast...but back above the 50/72 and bears may have lost their chance... Link to comment Share on other sites More sharing options...
DrStool Posted September 30, 2011 Report Share Posted September 30, 2011 5 day and 3 day cycles have been in up phases since yesterday afternoon. They could strengthen here, or stay flat. We should know soon. Link to comment Share on other sites More sharing options...
K Wave Rider Posted September 30, 2011 Report Share Posted September 30, 2011 YM 15 min locked in the alligator jaws... big move likely comin' soon... Link to comment Share on other sites More sharing options...
Trader Joe Posted September 30, 2011 Report Share Posted September 30, 2011 I pity investors in uranium... Your pity is greatly appreciated during these trying times Link to comment Share on other sites More sharing options...
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