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Post by clinton on Jan 22, 2014 20:59:27 GMT -5
OH BOY this is bearish
China Jan flash PMI falls to 49.6, first contraction in six months
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Post by theMist on Jan 22, 2014 21:48:19 GMT -5
futures definitely didn't like it
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Post by walnut on Jan 22, 2014 22:20:16 GMT -5
and dropping...
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Post by clinton on Jan 22, 2014 22:27:07 GMT -5
Well, I don't care if it rains or freezes, Long as I have my plastic Jesus Riding on the dashboard of my car Through all trials and tribulations, We will travel every nation, With my plastic Jesus I'll go far. Attachments:
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Post by clinton on Jan 22, 2014 22:39:19 GMT -5
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Post by walnut on Jan 22, 2014 22:53:49 GMT -5
Buy the ES futures for the whipsaw. Probably be back even by tomorrow.
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Post by clinton on Jan 22, 2014 23:04:45 GMT -5
Buy the ES futures for the whipsaw. Probably be back even by tomorrow. not this time this time is different he he ha ha
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Post by clinton on Jan 22, 2014 23:06:28 GMT -5
market has been in distribution for a while
this is the kind of thing that triggers it
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Post by clinton on Jan 22, 2014 23:17:13 GMT -5
your most likely right, but market has ben waiting for an excuse
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Post by walnut on Jan 22, 2014 23:31:40 GMT -5
If I really believed it I would have bought. I don't have any idea, I admit
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Post by crumbdon on Jan 22, 2014 23:33:32 GMT -5
Gonna make it a little bit harder to gap it over resistance at the open...but not impossible. As Clint just made an eloquent Freudian slip that told it all.....Yes, the market DOES have Ben waiting- He's waiting on the sidelines for an excuse to use his POMO and his PPT and his cronies and his QE and his etc, etc, etc.....
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Post by clinton on Jan 22, 2014 23:39:31 GMT -5
Im ready for the correction
bring it on.
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Post by crumbdon on Jan 22, 2014 23:45:29 GMT -5
Usually when it drops this early in the night, it gives plenty of time to turn it around before the open. The only thing that makes me think twice is the fact that the market has been bumping its head against this 1840/45 resistance for over a month now. Greedy bulls trying to force a correction thru time instead of price. They know that any drop from up here could quickly get away from them. Can you imagine how many buyers would come in if we had a quick drop into the 1760's? Now THAT would be healthy!
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Post by crumbdon on Jan 22, 2014 23:46:37 GMT -5
LOL, Clint- nice avatar! Your TZAvior
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Post by clinton on Jan 22, 2014 23:46:46 GMT -5
we still havent tested the 200ma in ages
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Post by clinton on Jan 22, 2014 23:48:26 GMT -5
LOL, Clint- nice avatar! Your TZAvior crumb your sharp as a tack tonight. hehe
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Post by clinton on Jan 22, 2014 23:50:14 GMT -5
futures making a bearish flag
could complete later when EU tanks
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Post by clinton on Jan 22, 2014 23:54:58 GMT -5
crazy thing is china gets contracting PMI 1 week before they close all factories for holiday.
not sure how thats going to play
could make things way worse. or create a vacuum of no bad news for a week
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Post by clinton on Jan 22, 2014 23:57:39 GMT -5
buenas noches going to bed
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Post by theMist on Jan 22, 2014 23:58:20 GMT -5
lol Clinton. Didn't know you were a religious guy.
Just a little bit of info regarding the good Lord -
"You shall not make for yourself a graven image, or any likeness of anything that is in heaven above, or that is in the earth beneath, or that is in the water under the earth; you shall not bow down to them or serve them; for I The Lord your God am a jealous God...." Exodus 20:4
Your jeopardizing your TZA position! Lol
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