Tuesday, February 15, 2011

Market Timing-Whats Next -Feb 8th Closing report

IMPACT STREAM as of 9:30am
Neg energy at
9:53am
3:44pm

60bars @ 10am
126bars at 3;30 could be the lod

Activity index ran UP over 500 yesterday, and has since plunged back to 100
Jay
4pm comments -Perfect EKG today, but I would have liked some deeper selling;
1333-8=1325 at 10:30 & 2:30
3;44 was a low but not the lod
Tomrrow Psych calls for Morning blockages, and mid day recovery

13 comments:

  1. So it means close out shorts during close

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  2. HI Reza
    Im planning to close out my short at 3;45pm
    Lower open Wed might only match lod today, and should be a very short term buy opp to close out on Thsday, as the graph shows another low on Friday at 2;22pm
    Jay

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  3. Benji to the rescue before close. There is still 3 Billion out of 7 Billion that was excersied so far.

    Overall the market is very EXHAUSTED and can't take it anymore.

    One day it won't come back up.

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  4. Buy order $ 600 million
    yesterdays buy order $ 250 million

    So Jay another dip tomorrow, they buy it at cheap

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  5. They are trying to suck in as much money as possible, so its better to play with them.

    Jay, I think we have to play with day to basis. Once the buying stops, then south.
    UBS is 100% short, they are the one destroys the retailers.

    rrman, abdullah and jay, what do u guys think

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  6. LOOKS LIKE TOMRROW AM will be the trade out at 11am
    EKG shows lower in the am
    Psych reads lower in the am
    150bars at neg energy at 11am
    11am typical turn
    Jay

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  7. Reza - UBS is a good short if it falls below 18.41

    For me I am in the sideline beside the disaster I have in my SHORT position (since August 2010). Damn why did I not listen to the voice in me!!!!

    Jay - very possible UP day tommorrow since WED is a reversal for MON/TUE as has always been.

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  8. UNG has a very good entry here ... I took 500 shares.

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  9. Abdullah, I meant UBStradingfirm is 100% short

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  10. i don't expect huge moves this week. some corrective choppy price action, will maybe conclude on friday. then next week back up, to conclude this rally.... hopefully sooner then later

    sincerely
    cementzak

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  11. i agree ung is a HUGE buy much money to be made there.....euro will make its last pop up tonight or tomorrow then down until the end of month....I would think /es would follow late this week or next week

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  12. rrman
    cant believe this manipulation

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  13. Well thats why I don't trade indexes or stocks anymore they are not tradeable but currencies are like the /es used to be

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