35854 replies to this topic

[Vertebrae]

IMO - Simple as ABC, even Caldaro makes a joke of a recount of P3 (by reiterating that this be P4, major

IMO - even if major B goes complex - it still going to be a B and just makes more of a C.

 

Mayday Mayday - Deploy Plunge Protection

 

 

[RusQ]

ben-cube, on 28 Oct 2014 - 8:22 PM, said:

Good day to buy and hold, with Vix slowly going down, a lazy trading strategy (Simon Brown) might work for those with no time to stare at 5 different charts every 5 minutes, earnings from the US are beating forecasts (even Facebook ) , ebola is contained (in the US).

Just need a cool Christmas rally to end off the year. ( with no panic over interest rates ).

met the character some ten years ago. he had BIG HAIR then, but already preferred wine 

 

he does stellar work ito of education of market participants!

 

who teaches the teachers?

(was not me) - so how they do it?

[RusQ]

BBW, on 29 Oct 2014 - 4:55 PM, said:

Haha, yes, V clearly states FOMC statement...

 

To me logic dictates that we should go down, even though end of QE's supposed to be priced in. Emerging markets still most vulnerable and ALSI's dropped with every previous cut, even though also supposedly priced in. BUT then again, the ALSI's never listened to logic before...

logic often leaves me with a loss? Jesse had it also, by being correct but too early!

 

what makes markets move? (anyone?)

 

for me:

- short term would be sentiment. and the way it moves from day-to-day seems like (but certainly ain't) a drunken walk.

- medium term would be available funds.

- longer term, fundamentals kick in.

 

pick your poison

[BBW]

RusQ, on 29 Oct 2014 - 4:46 PM, said:

once again, excellent commentary from various posters!

 

am currently short again and will try to not fall asleep on the job

 

https://www.youtube....h?v=tMPvMT-E-dA

Haha, yes, V clearly states FOMC statement...

 

To me logic dictates that we should go down, even though end of QE's supposed to be priced in. Emerging markets still most vulnerable and ALSI's dropped with every previous cut, even though also supposedly priced in. BUT then again, the ALSI's never listened to logic before...

[RusQ]

once again, excellent commentary from various posters!

 

am currently short again and will try to not fall asleep on the job

 

https://www.youtube....h?v=tMPvMT-E-dA

[AJS]

Beorn, on 29 Oct 2014 - 2:41 PM, said:

Ji

 

 

Yes, but after what..... a very long time?

 

True that. We had gaps close on the way down with this sell off that opened up in January 2014, only closing after 9-odd months.

[Beorn]

Ji

 

BBW, on 29 Oct 2014 - 2:35 PM, said:

So guess it will be AFTER...

 

Yes, but after what..... a very long time?

[BBW]

Beorn, on 29 Oct 2014 - 2:05 PM, said:

Nobrainer........?

 

Hehe

So guess it will be AFTER...

[Motion Picture]

Argento, on 29 Oct 2014 - 1:42 PM, said:

Charts saying long so long it is!!

 

A

Yea!

 

She ran slightly hard today though, so I expect a bit of profit taking tomorrow. Nice chance to add longs.

 

Also, 44000 (IG) is her top Bollinger (Daily) line, so she may bounce down from there a bit.

 

Either way, I see new highs.

[Beorn]

Vertebrae, on 29 Oct 2014 - 06:44 AM, said:

For todays nobrainer...

Not will the gap close, but when will the gap close? will it be before or after the FOMC statement?

Place your bets

 

Nobrainer........?

 

Hehe

[Argento]

Argento, on 29 Oct 2014 - 08:38 AM, said:

I'm out...with tonights FOMC meeting anything can happen!

 

This market was pushed up due to earnings season and November is seasonally bearish...so waiting for her to break the 44000 futures pivot first before getting in long again!

 

If she turns down here it could get very nasty!!

 

A

Charts saying long so long it is!!

 

A

[Argento]

gannet, on 29 Oct 2014 - 08:48 AM, said:

You are probably on the money again A.

 

I see a strong possibility of the S&P reversing today or tomorrow. (indicators - regardless of data or FOMC outcomes, who's happy or sad or who has a bad hair day)

 

Where she goes, we will follow.

Long time since I've seen so many analysts in different minds...some calling for new highs and others a mini crash!

 

Caldaro - C leg down awaits with new lows...

Garth Mckenzie - Bottom is in and uptrend resumed...

 

Looking at the monthly chart the MACD has turned down significantly so given the bullish weekly and daily charts reason for letting price confirms what she wanna do!

 

Is a guy called Rabbit on Caldaro's forum and looks like the guys rate him, he predicts S&P at 1639 end of November and then primary V to kick off into next year....!

 

Got a hunch this was a classic fake rally but also in two minds as US looks strong....let's wait and see!

 

A

[gannet]

Argento, on 29 Oct 2014 - 08:38 AM, said:

I'm out...with tonights FOMC meeting anything can happen!

 

This market was pushed up due to earnings season and November is seasonally bearish...so waiting for her to break the 44000 futures pivot first before getting in long again!

 

If she turns down here it could get very nasty!!

 

A

 

You are probably on the money again A.

 

I see a strong possibility of the S&P reversing today or tomorrow. (indicators - regardless of data or FOMC outcomes, who's happy or sad or who has a bad hair day)

 

Where she goes, we will follow.

[gannet]

Beorn, on 29 Oct 2014 - 08:03 AM, said:

You really do love a gap!

My bet is that it wont closed today.

 

Show me a man who does not like a gap! 

 

What if the gap does NOT close. What if we stay up around here and then gap DOWN tomorrow?

 

That gives us a beaut of an Island Reversal

 

It also gives us a gap to fill for the Christmas rally

[Argento]

I'm out...with tonights FOMC meeting anything can happen!

 

This market was pushed up due to earnings season and November is seasonally bearish...so waiting for her to break the 44000 futures pivot first before getting in long again!

 

If she turns down here it could get very nasty!!

 

A

[@sirgrantfleming]

Vertebrae, on 29 Oct 2014 - 06:44 AM, said:

For todays nobrainer...

Not will the gap close, but when will the gap close? will it be before or after the FOMC statement?

Place your bets

446 or 436?

[Vertebrae]

Double top blues? Don't go quiet now...

 

[Beorn]

Vertebrae, on 29 Oct 2014 - 06:44 AM, said:

For todays nobrainer...
Not will the gap close, but when will the gap close? will it be before or after the FOMC statement?
Place your bets

You really do love a gap!

My bet is that it wont closed today.

[Motion Picture]

Vivre le bull

[Vertebrae]

For todays nobrainer...

Not will the gap close, but when will the gap close? will it be before or after the FOMC statement?

Place your bets