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Post by huh on Jun 25, 2015 12:34:12 GMT -5
Intraday iH&S in VXX about to confirm - VIX scams could be a play, at least until EOD that is (only expecting ~2% upside in VXX, 3-4% in UVXY)
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Post by crumbdon on Jun 25, 2015 13:29:14 GMT -5
Well, yesterday I was a day early on my SPY 210 prediction, but here it is. Regardless of charts, supports, whatever, this is the critical area to hold IMOHO. Break below here with authority, and I start going heavy into the short side. I don't think many realize how fragile the bull case is right now. GL, all. And hold on tight. Bulls need The Hand right now. Will He (She?) show up in time?  |
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Post by Herceg on Jun 25, 2015 13:33:45 GMT -5
WRLD, CREE, LLY, MEI, MACK..... JMO and BOL.......... IACI and LLY shorts closed...........missed MEI long but what else is new......... BOL to all.......... |
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Post by novie08 on Jun 25, 2015 15:04:42 GMT -5
I believe I know the answer, but how is it when the Gov't announces consumer spending as increasing yet everything I read elsewhere say people are living check to check with no savings. In addition welfare continues to go up....................am I to conclude that the welfare recipients are just spending the Gov't $$$ they receive and all others are just "F'd".............. Don't know how many of you read this zerohedge article yesterday, but it sure lays out a reason for declining consumer spending: www.zerohedge.com/news/2015-06-24/mystery-missing-inflation-solved-record-number-us-renters-cant-afford-housing |
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Post by jacksrbtr on Jun 25, 2015 15:27:43 GMT -5
I believe I know the answer, but how is it when the Gov't announces consumer spending as increasing yet everything I read elsewhere say people are living check to check with no savings. In addition welfare continues to go up....................am I to conclude that the welfare recipients are just spending the Gov't $$$ they receive and all others are just "F'd".............. Reasonable conclusion...and that Romney 47% (now prolly more like 50-52%)will vote in Hillary so as you can see WE ARE REALLY FUKKED. |
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Post by huh on Jun 25, 2015 15:51:05 GMT -5
I'd expect QQQ to visit 109.80's again. That's where the real bull/bear fight is now IMO QQQ LOD was 109.82 |
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Post by huh on Jun 25, 2015 15:56:16 GMT -5
Intraday iH&S in VXX about to confirm - VIX scams could be a play, at least until EOD that is (only expecting ~2% upside in VXX, 3-4% in UVXY) Both VXX & UVXY hit their upside targets exactly with that HOD Charts look like crap into the close - topping patterns, failed supports & bearish continuation patterns forming - all the things a bear should go short on. Everything about them says sell, sell, sell This is typically when the markets gap up big the next day. We'll see (OT: if UVXY were to lose 32.20 now, the new downside target becomes ~28.50) |
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Post by crumbdon on Jun 25, 2015 18:41:29 GMT -5
Market rallied at these junctures in the past because of the Perma-Fed backstop.
Then they rallied a few more months due to reflex/hope/habit.
They'll rally tomorrow due to _________________
?
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Post by dino on Jun 25, 2015 19:14:23 GMT -5
Market rallied at these junctures in the past because of the Perma-Fed backstop. Then they rallied a few more months due to reflex/hope/habit. They'll rally tomorrow due to A Klaxon KaBoom! call from Tef ? |
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Post by huh on Jun 25, 2015 19:37:52 GMT -5
Market rallied at these junctures in the past because of the Perma-Fed backstop. Then they rallied a few more months due to reflex/hope/habit. They'll rally tomorrow due to _________________ ? Final blow-off top, probably led by banks. |
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Post by jacksrbtr on Jun 25, 2015 19:40:10 GMT -5
"....due to the biggest snow-blow job by the PTB that 'everything is alright'".
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Post by dino on Jun 25, 2015 19:57:34 GMT -5
Market rallied at these junctures in the past because of the Perma-Fed backstop. Then they rallied a few more months due to reflex/hope/habit. They'll rally tomorrow due to _________________ ?
Another ES right shoulder squeeze. Double shoulder's for good measure. Something a little special for the grand finale...
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Post by huh on Jun 25, 2015 21:13:08 GMT -5
Yep, that's what I was thinking Dino. One of these squeezes will eventually fail, maybe this will be the one. We'll see soon enough.
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Post by crumbdon on Jun 25, 2015 23:37:56 GMT -5
LOL,
Great answers, everyone.
bUT Tef tAKes tHe CAkE!!!!
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Post by dino on Jun 26, 2015 6:34:32 GMT -5
LOL, Great answers, everyone. bUT Tef tAKes tHe CAkE!!!! I know I wear that out (poking fun at Tef and the other "interesting" characters on the old FAS board), but it's funny EVERY TIME!!! (at least for me) |
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Post by jacksrbtr on Jun 26, 2015 8:00:57 GMT -5
LOL, Great answers, everyone. bUT Tef tAKes tHe CAkE!!!! I know I wear that out (poking fun at Tef and the other "interesting" characters on the old FAS board), but it's funny EVERY TIME!!! (at least for me) What was it she or it used to brag about? "126 good trades to one which went south" or something like that? |
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Post by dino on Jun 26, 2015 9:39:15 GMT -5
I know I wear that out (poking fun at Tef and the other "interesting" characters on the old FAS board), but it's funny EVERY TIME!!! (at least for me) What was it she or it used to brag about? "126 good trades to one which went south" or something like that? She/It had a tag line at the end of every post that read "126-0" and "In case it helps you learn". Pretty much the definition of egomaniac. |
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