35854 replies to this topic

[franky]

And the bear continues today

150 pt gap up on the futures might need to be closed  might push us down to 38400 (futures )octobers support

[Zero Hedge]

Yip, think your assessment is spot on...can't see a sustained bounce until Fed decision (Wed) and futures close-out (Thur).

[Sunesis]

This is the day we will be having today

And the bear continues today

[Zero Hedge]

Must be honest...the gamma selling yesterday and ongoing EM position squaring by foreign investors is hurting...can only hope and pray for better days once futures close-out is behind us.

[fabes]

YOu must remember one thing. Institutions buy bulk of equities and they got the buying power so don't expect us to drop to far. I support Argento's view of earlier. Tomorrow we might bounce up and Monday, Tuesday we will take a dive again ahead of Fed meeting. I suspect that they will not taper to hold on to gains for the year and end year solidly. On Wednesday, when everyone realise no taper, we will shoot the lights out into end December.


FEd can see what talks of taper is doing, imagine if they really anounce taper. 10% discount of all equities. Sell one and get two free. Lol.


One more thing, we all know that when everyone starts selling or buying, Mr Market throw's them a finger.

Gees man...can the market just calm the f@$% down...no taper by FED for Pete's sake...
 
I'm looking at a long position on Wednesday...what your view

Tomorrow might be a good day. Then probably wednesday if no taper. But we should watch the news. No news, then a's scenario might play out. Markets are now event/taper driven.

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[Lamarje]

YOu must remember one thing. Institutions buy bulk of equities and they got the buying power so don't expect us to drop to far. I support Argento's view of earlier. Tomorrow we might bounce up and Monday, Tuesday we will take a dive again ahead of Fed meeting. I suspect that they will not taper to hold on to gains for the year and end year solidly. On Wednesday, when everyone realise no taper, we will shoot the lights out into end December.

FEd can see what talks of taper is doing, imagine if they really anounce taper. 10% discount of all equities. Sell one and get two free. Lol.

One more thing, we all know that when everyone starts selling or buying, Mr Market throw's them a finger.

Gees man...can the market just calm the f@$% down...no taper by FED for Pete's sake...

 

I'm looking at a long position on Wednesday...what your view

[fabes]

YOu must remember one thing. Institutions buy bulk of equities and they got the buying power so don't expect us to drop to far. I support Argento's view of earlier. Tomorrow we might bounce up and Monday, Tuesday we will take a dive again ahead of Fed meeting. I suspect that they will not taper to hold on to gains for the year and end year solidly. On Wednesday, when everyone realise no taper, we will shoot the lights out into end December.

FEd can see what talks of taper is doing, imagine if they really anounce taper. 10% discount of all equities. Sell one and get two free. Lol.

One more thing, we all know that when everyone starts selling or buying, Mr Market throw's them a finger.

[AJS]

Also, a break below 1774 on the S&P will not be good... 

[RBM]

Got 37700ish IG

A

Good call A , break through 38000 could see us back at 36000 in the coming weeks

[RBM]

Got 37700ish IG

A

Good call A , break through 38000 could see us back at 36000 in the coming weeks

[RBM]

Got 37700ish IG

A

Good call A , break through 38000 could see us back at 36000 in the coming weeks

[RBM]

Got 37700ish IG

A

Good call A , break through 38000 could see us back at 36000 in the coming weeks

[davidp13]

Got 37700ish IG
 
A

 
Yeah also saw that... Another freakkin 1000pts down almost.

So here is a question. Who is going to buy back all these shorts if it just keeps on plummeting if 37700 does not hold...doubt the bulls will have any money left

[AJS]

Got 37700ish IG

 

A

 

Yeah also saw that... Another freakkin 1000pts down almost.

[Argento]

Where's that Bear-assasins number again...

Got 37700ish IG

 

A

Edited by Argento, 12 December 2013 - 06:32 PM.

[fabes]

OH, my other concern is if Us don't close green, then ASian markets will probably follow the red of today and we might follow them again tonight. WIll be glued to the screen till 23:00 tonight. Lol

[fabes]

A, very important question. Do you think we'll see more downside? I went long at 38620 and a bit nervous

Today was quite harsh so should see a bounce tomorrow...see US is also recovering!Normally see goes back up to touch the 21 weekly that is about 300 points up before turning down!
 
But the low is not yet in...should make it early next week!
 
A

Where's that Bear-assasins number again...

Thanks A. I sure hope we see that bounce. I'm atleast in profit and will leave it to see what US does. I'm still very nervous about being long today. CLosed my long of 39780 at 39840 just before the drop. WIldcard of binary closing below 396 paid off big time. Limited risk.

Chubby, find that number quick. I'll pay the overtime!!!

[Argento]

A, very important question. Do you think we'll see more downside? I went long at 38620 and a bit nervous

Today was quite harsh so should see a bounce tomorrow...see US is also recovering!Normally see goes back up to touch the 21 weekly that is about 300 points up before turning down!

 

But the low is not yet in...should make it early next week!

 

A

[fabes]

murdered

Someone shoot me, before my wife finds out I blew the bank in one day!

Now, all you do is wait for signal for the upward move and make up the bank. Sure you should do it in one day with a strong upward move. Patience is key. Hope you back in the saddle shortly

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[fabes]

A, very important question. Do you think we'll see more downside? I went long at 38620 and a bit nervous