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Post by maxi on Oct 16, 2014 11:50:22 GMT -5
Vell my pretties seems Bullard endorsed MOAR QE......
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Post by walnut on Oct 16, 2014 11:52:51 GMT -5
Crack is whack
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Post by Herceg on Oct 16, 2014 11:54:20 GMT -5
Larry Altman has S&P at 1600 or so before it really recovers..........
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Post by huh on Oct 16, 2014 11:56:30 GMT -5
Vell my pretties seems Bullard endorsed MOAR QE...... Actually he suggested delaying the end of it, right? The very small part of it that's left anyway.
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Post by maxi on Oct 16, 2014 12:08:19 GMT -5
I only know what I read on Twitter! LOL
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Post by huh on Oct 16, 2014 12:08:39 GMT -5
If this up move holds, it would put S&P up around 1915 (above it's 200dma and a likely set-up for new highs by EOM). The worst case support for it is now 1857.25.
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Post by huh on Oct 16, 2014 12:14:08 GMT -5
IWM worst case support moves up to 106.90.
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Post by huh on Oct 16, 2014 12:26:50 GMT -5
IWM support now 107.24, SPX 1858.50.
Over SPX 1880.55 pretty kills it from being only a dead cat bounce.
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Post by huh on Oct 16, 2014 12:31:13 GMT -5
This could be the beginning of the epic squeeze I was hoping for, or an epic failure for the bulls.
Watch those rising supports/FIBs. The problem with these kinds of gapping moves is that they have very little room for pulling back (like a parabolic move).
Especially dangerous market today.
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Post by huh on Oct 16, 2014 12:39:40 GMT -5
VIX <24.78 would confirm a H&S, downside target ~19.70's. (currently 25.13)
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Post by huh on Oct 16, 2014 12:49:20 GMT -5
VIX scams are, well, scamming. Both short & long leveraged ETF's red when VIX down nearly 5%.
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Post by huh on Oct 16, 2014 13:00:31 GMT -5
SPX support now 1859.25
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Post by huh on Oct 16, 2014 13:06:29 GMT -5
VIX scams are, well, scamming. Both short & long leveraged ETF's red when VIX down nearly 5%. XIV down 4.5%, yet VIX down 2.5%. I know one doesn't track the other, but come on. Now I see why that change they made in calculating the VIX recently was only done to the VIX, and not VIX futures. People must really be loading up on VIX futures.
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Post by huh on Oct 16, 2014 13:18:17 GMT -5
Take a look at the 1 minute futures chart. The whipsaw in those candles actually spell out the word "OPEX"!
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Post by huh on Oct 16, 2014 13:22:47 GMT -5
Took the <1% gain in SVXY. If this thing can stay down 5% when VIX is down 5% and market is green, then there's no sense in trying to use it for a market pop. [shrug]
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Post by jacksrbtr on Oct 16, 2014 13:37:25 GMT -5
I only know what I read on Twitter! LOL I know Jack shit and I admit it I ain't proud.
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Post by huh on Oct 16, 2014 13:46:40 GMT -5
IWM support now 107.65. Lose that and it likely fails today's whole run-up.
JMHO
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Post by huh on Oct 16, 2014 13:48:38 GMT -5
I'm out, BBL.
I'll check the close later to see if the squeeze holds. If it doesn't, it better make a new low & reverse before the EOD tomorrow IMO.
Always remember, she can get ugly faster than it took to get pretty. Obey your stops.
BOL all.
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Post by jacksrbtr on Oct 16, 2014 13:56:22 GMT -5
I guess the new roll out of AAPLs products weren't that hot - stock down now more than a $buck.
This MFBFOTO brought to you by yours truly.
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Post by crumbdon on Oct 16, 2014 14:07:16 GMT -5
I only know what I read on Twitter! LOL I know Jack shit and I admit it I ain't proud. I don't know him, but I once met his brother, Noah.
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