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Post by jacksrbtr on Nov 20, 2014 12:16:47 GMT -5
Server errors on our site it seems this morning..............any issues for others ? "Issues?" Yeh I'll say! My bride said she was going out shopping for Christmas presents, but I took her electronic car key beforehand without her knowing it. She,of course, couldn't get the car to start. I then came out to her as she was just about ready to give up she was saying that the car won't start as if there was something mechanically wrong with it and showed her I had the key laughing my head off!!!! I'm now only getting coal for Christmas - there should be an uptick in that commoditys demand pls take note Clint.
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Post by novie08 on Nov 20, 2014 13:43:51 GMT -5
The POTUS is opening up work visas for at least 5 million illegals...ya think they're gonna let the markets go down? Corporations are celebrating. Good luck with any wage increases for the foreseeable future.
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Post by huh on Nov 20, 2014 14:17:36 GMT -5
SPX trying to bull flag for 2060+.
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Post by huh on Nov 20, 2014 15:07:28 GMT -5
SPX trying to bull flag for 2060+. That bull flag failed. SHOULD be an ugly day tomorrow. That actually might bode better for a rally next week (depends on how ugly).
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Post by huh on Nov 20, 2014 15:18:02 GMT -5
SPX 2025-2028 would be the ideal target for a reversal to start a holiday rally.
I've seen at least 4 patterns now trying to get it there. I think it needs to be tested.
JMHO
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Post by huh on Nov 20, 2014 15:27:49 GMT -5
INTC could be setting up bullish here on the daily chart. Perhaps a couple % more downside yet before it's complete. Goooooo INTC! (had only gotten ~1.5% more downside after posting - so close)
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Post by huh on Nov 20, 2014 15:30:47 GMT -5
SPX 2025-2028 would be the ideal target for a reversal to start a holiday rally. I've seen at least 4 patterns now trying to get it there. I think it needs to be tested. JMHO But I can't help but to sit and here and keep thinking; "They're not going to let it pullback, are they?" Got the VIX #. That might be all that was needed. But I'd feel much better about it if SPX 2020's were tested first.
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Post by huh on Nov 20, 2014 15:44:39 GMT -5
"But what is perhaps more important is that the other targets get hit; VIX down to ~10, AAPL up to 122.50, GS 205, IWM 118.70-119.82" Add this upside target to the list: XRT (retail sector ETF): Minimum 93.20 (but likely as high as ~96.25) XRT having a nice day.
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Post by crumbdon on Nov 20, 2014 15:55:01 GMT -5
Feels line BM squaring all their positions today, so they can let tomorrow run however it may. It badly needs a retreat if it's ever gonna reach those lofty targets.
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Post by huh on Nov 20, 2014 16:03:50 GMT -5
Feels line BM squaring all their positions today, so they can let tomorrow run however it may. It badly needs a retreat if it's ever gonna reach those lofty targets. I've watched this market rally these past 5-6 years, and I can honestly say that I've never seen so many bearish patterns get squeezed. But here's the kicker - lots of names getting sold while it happens. We're close. But that's OK, Mr Market. Keep squeezing. Just keep squeezing.
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Post by huh on Nov 20, 2014 16:18:55 GMT -5
If this market doesn't pullback tomorrow, I'm itching to short it really bad for a holiday reversal week instead.
But gotta show patience...patience.
Can't marry that trade until VIX gives it's blessing first.
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Post by novie08 on Nov 21, 2014 9:33:04 GMT -5
The POTUS is opening up work visas for at least 5 million illegals...ya think they're gonna let the markets go down? Corporations are celebrating. Good luck with any wage increases for the foreseeable future. Well? More Squeezes please.
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