WAS up from 133 to 233 and a few moments ago, has take a sudden dive back to 133 dynamic index is also on the downswing since 10am
Similar deal for tomrrow bank stress test results might be an occasion for celebration until the glow wears off and again THEY ARE SELLING INTO EVERY RALLY
dont forget they've been buying in since April28th and are taking profits on every bounce.
I read your comment in the last post and it was hilarious! Keep it up.
I have always found that humor works the best in times of stress.
In general, these markets are not to be toyed with.
I am hearing the rumors that Helicopter Ben is personally working at the Repo Desk, so be careful.
I think we are going to see a blow-up in Treasury market in Fall (auction failure) and that might be the opportunity to go hugely short. However, markets might be much higher by then (which would be quite good).
Thanks for the encouragement to you Shankar and Jay. All in jest. There's an old saying: "Be a lady in public and a whore in the bedroom." LOL. So I'll leave it at that. Don't you guys think it's more than a coincidence that the market is replete with hugely bullish sentiment as we near the 200 dma?
There is a small chance we could see GAP down openings next 2 days
recoveried during the day tomrrow, however. but not friday Looks like Charts Edge might be somewhat close to reality
Yes, the MORE bullish the SENTIMENT, the more bearish we should be
Kathy, Great humor, but I get the feeling your single- wives of 15 years dont think that way anymore Im on my second one, now getting to 15years next month, and I wouldnt trade a minute of it.
If you remember, MY propensity index was pointing toward the 6th for the original scenario from last week.
IT Cascades into Monday from here
Im still havihng a tough time getting a fix on the propensity index, but it will re align and does show potential for sharply lower open also.
Maybe Im pushing it along with hopes and wishes, but thats what I see.
When do they report that bank stress test results? b4 or after the open?
activity index did make a comeback late in the day You see how that 3pm looked like that was it, and then the 3;30 LOW once again started the next upswing to closing.
Tell me what you read into this full moon reading says "Streamline your assets"
LOL, I'm glad I already have the experience of shorting every presumed top during the 2003 rally, i was subscribing to Prechter & Co's newsletter, every week they said the next leg of the bear was going to start, and I shorted...and the market immediately went higher.
back then, like now, the small wawes going upwards looked like a weak struggling market to some analysts...and like nested 1 and 2's making a whopper wave three upwards for others...
but today is a no brainer high, the market has been climbing into the bank-report propaganda, of course it will be good news, its part of the government bail out plan to only present good news.
Problem is sentiment is getting way more bearish as everyone is waiting for a decent pullback on this insane rally. No gap down today. Whoever is selling into the rallies is missing out on huge returns to the upside.
The one big short I was looking towards this week And my dammmm fricken brokerage service is having temporary problems and the phone service is jammed. What fricken luck today. man I'm pisssed. Oh well it's the fricken banks so I wouldn't put it past these aholes to screw traders out of an easy and huge payday afterall the banks are sitting at the same poker table while seeing all the hands at the same time. Time for an independant brokerage service and not one that's part of a fricken bank. ArHHHHHHHHHHHHHHHHHHHHHHHHHHHHH
20 comments:
AS of near 11am on Wed, May6th
Nasdaq is down and dow is struggling
Activity index behaved correctly yesterday
and today also
WAS up from 133 to 233 and a few moments ago, has take a sudden dive back to 133
dynamic index is also on the downswing since 10am
Similar deal for tomrrow
bank stress test results
might be an occasion for celebration until the glow wears off and again THEY ARE SELLING INTO EVERY RALLY
dont forget they've been buying in since April28th and are taking profits on every bounce.
more later
Jay
The activity index making a sharp retreat after 11am is in agreement with 90 bars at 11;30 & the 55%/13day cycle pivot low
which means that an 11:30 to noon low should also produce another rebound.
but still got coming off highs at close
Today's reading says
DONT FOLLOW THE CROWD or jump on the bandwagon
Ive read that b4 at times like this and it has always meant
dont be DUPED by gossip and rumors
more later
Jay
Kathy,
I read your comment in the last post and it was hilarious! Keep it up.
I have always found that humor works the best in times of stress.
In general, these markets are not to be toyed with.
I am hearing the rumors that Helicopter Ben is personally working at the Repo Desk, so be careful.
I think we are going to see a blow-up in Treasury market in Fall (auction failure) and that might be the opportunity to go hugely short. However, markets might be much higher by then (which would be quite good).
- Shankar
Thanks for the encouragement to you Shankar and Jay. All in jest. There's an old saying: "Be a lady in public and a whore in the bedroom." LOL. So I'll leave it at that.
Don't you guys think it's more than a coincidence that the market is replete with hugely bullish sentiment as we near the 200 dma?
Kathy
Kathy,
Yup. And I am reading forecasts of 1,000+ in the next 2 weeks.
Right now the GOV wants the market to go up plain ans simple ..
They will decide when it goes down
Anonymous:
Don't be so cocky. The end result is not too good - a failed auction and then finally, the run on the US$.
Contrary to what you may think, the Government is not that powerful - at least where markets are concerned.
Your right Shankar
Markets move goverments
There is a small chance we could see GAP down openings next 2 days
recoveried during the day tomrrow, however.
but not friday
Looks like Charts Edge might be somewhat close to reality
Yes, the MORE bullish the SENTIMENT,
the more bearish we should be
Kathy, Great humor, but I get the feeling your single- wives of 15 years dont think that way anymore
Im on my second one, now getting to 15years next month, and I wouldnt trade a minute of it.
If you remember, MY propensity index was pointing toward the 6th for the original scenario from last week.
IT Cascades into Monday from here
Im still havihng a tough time getting a fix on the propensity index, but it will re align and does show potential for sharply lower open also.
Maybe Im pushing it along with hopes and wishes, but thats what I see.
When do they report that bank stress test results?
b4 or after the open?
activity index did make a comeback late in the day
You see how that 3pm looked like that was it, and then the 3;30 LOW once again started the next upswing to closing.
Tell me what you read into this
full moon reading says
"Streamline your assets"
more later
Jay
This is hilarious!
A Brief History of Dow Jones
http://www.youtube.com/watch?v=T3imSKAvgmY
Jay, the bank stress test results should be reported at 5:oopm tomorrow, after the market close.
Pauline
THIS IS INSANE!!!!!!!!!!!!!!!!!!!i'M GOING THE WAY OF JESSE LIVERMORE. i JUST HAVE TO GO OUT AND BUY A GUN!!!!!!!!!!!!!!!!!!!!!!!!
LOSER
Hey there loser above, did you buy FAZ like I did around $ 8.44?
signed:
Another loser
OK Kathy.
Let me know where to go and what to do for getting a job in the porn industry.
The bullish percentage is close to 90 now. We seem to be the last bears around. They can't get that ratio over 100, can they?
LOL, I'm glad I already have the experience of shorting every presumed top during the 2003 rally, i was subscribing to Prechter & Co's newsletter, every week they said the next leg of the bear was going to start, and I shorted...and the market immediately went higher.
back then, like now, the small wawes going upwards looked like a weak struggling market to some analysts...and like nested 1 and 2's making a whopper wave three upwards for others...
but today is a no brainer high, the market has been climbing into the bank-report propaganda, of course it will be good news, its part of the government bail out plan to only present good news.
best,
AA
Problem is sentiment is getting way more bearish as everyone is waiting for a decent pullback on this insane rally. No gap down today. Whoever is selling into the rallies is missing out on huge returns to the upside.
x
Sentiment getting way overbearish? Looked at the indicators? Smoking something strong?
The one big short I was looking towards this week And my dammmm fricken brokerage service is having temporary problems and the phone service is jammed. What fricken luck today. man I'm pisssed. Oh well it's the fricken banks so I wouldn't put it past these aholes to screw traders out of an easy and huge payday afterall the banks are sitting at the same poker table while seeing all the hands at the same time. Time for an independant brokerage service and not one that's part of a fricken bank. ArHHHHHHHHHHHHHHHHHHHHHHHHHHHHH
rickybobby
Since Jaywiz isn't commenting today, I'll act the role :-)
the activity index is currently stable
http://www.swpc.noaa.gov/rpc/costello/pkp_15m_24h.gif
the pressure index is dropping as hell
http://www.ndbc.noaa.gov/show_plot.php?station=bgnn4&meas=pres&uom=E
my power index shows weakness for the rest of Thursday, but a bounce on Friday
Regards,
Mr. Wannabe JW ;-)
thanks for the input, but your links don't work.
yes they do, you just have to cut and paste properly, make sure you get both lines into one
:-)
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