Stock Market Intraday Chat: Mar 5th - 9th - Page 8

also unemployment numbers get published!! oh how exciting.

Quote:

Originally Posted by ze20001984 

thursdays the greek deadline day...

 

it will pron continue to hit sell triggers as we come closer to the date

 

theres also a good chance some idiot will say something that might tank the market doen another 5%

Quote:

Originally Posted by ze20001984 

thursdays the greek deadline day...

 

it will pron continue to hit sell triggers as we come closer to the date

 

theres also a good chance some idiot will say something that might tank the market doen another 5%

Things could very well happen that way and the market sells, but i see a much more deviant set of circumstances like Thursday everything passes in Greece and Fridays job numbers are better than expected then the bears will throw a fit and say i quit go long and then tank city...

thursdays numbers better than expected... rofl
 

Quote:

Originally Posted by Davecash77 

 

Things could very well happen that way and the market sells, but i see a much more deviant set of circumstances like Thursday everything passes in Greece and Fridays job numbers are better than expected then the bears will throw a fit and say i quit go long and then tank city...

Quote:

Originally Posted by tones 

thursdays numbers better than expected... rofl
 

 

he has every right to be bullish as you do to be short, lots of "rofls" could be said for those expecting to see poor numbers since the first of the year. To each their own of course

ToS is having a lot of problems today... 

PCX made a new 52 week low and broke the previous support level.

I've seen several articles last week and over the weekend making a case for why to expect better jobs numbers....
 

Quote:

Originally Posted by tones 

thursdays numbers better than expected... rofl
 

 

Quote:

Originally Posted by tones 

thursdays numbers better than expected... rofl
 

 

Fridays job numbers better than expected !!!   I do not put my faith in news or earnings because either can be spun but i do know one thing the market will suck in as much dumb money as it can before the MM's take it..I am bullish oil until Friday and by Friday into Monday will be loading up on the shortside as i am playing the cycle date and could care less what the news is..
 

I'll see if I can find some, I know one was up on the frontpage of bloomberg for a while
 

EDIT:

Ok I give up, I don't remember what the points were anymore either sadly. We'll forget I said that since I can't come up with the article

Quote:

Originally Posted by kevin1612 


like more claims running out??? that would make jobless claims look better

Jobless claims are Thursday.
I think the big players are well informed of the massaged numbers.

I also think Friday we will see a more accurate market reaction with payroll numbers.

Payrolls are a lot harder to fudge, IMO.

Edit: Friday is also unemployment rate.

Quote:

Originally Posted by kevin1612 


like more claims running out??? that would make jobless claims look better

.00 LOD prints on both AAPL and GS

DKS got upgraded by analysts today

i dont know man.. i work in corporate business & everyone around me is getting laid off / let go.. so yeah i'm kinda negative when it comes to that kinda thing

Quote:

Originally Posted by kylestt 

he has every right to be bullish as you do to be short, lots of "rofls" could be said for those expecting to see poor numbers since the first of the year. To each their own of course

Quote:

Originally Posted by tones 

i dont know man.. i work in corporate business & everyone around me is getting laid off / let go.. so yeah i'm kinda negative when it comes to that kinda thing

 

 It's all good !! My wife works for BAC in the corporate office and they have been laying off since December and a total of 30,000 people will be laid off this year..I do not trust the numbers people lie the charts don't..Even if the numbers are bad i would not be surprised to see the market rally it has before...The point i was trying to make is tops happen when everyone is bullish and it appears to me alot of traders are looking for a correction and for it to happen this week with all the economic news coming out so me being the contrairian i look for this week to see capitulation on the bears then a blow off top then bang a significant sell off..

ya i agree w/ the contrarian viewpoint.. but this will be the first time they will release numbers w/o any seasonal adjustments IMO.. when they released in Jan, they still accounted for Dec. seasonal workers & Feb. accounted for january workers.. started letting ppl go throughout feb. so we'll see it here.. maybe .. but IMO this is just what we need to stimulate the much needed correction and go back to normal mode. going one way either down or up seems really unhealthy for the markets.. kinda like the housing bubble, everything was fine and dandy before it burst. i dont like the notion of making things sound better than they, having ppl become complacent, and then having  to deal w/ ridiculous consequences later. JMO

Quote:

Originally Posted by Davecash77 

 It's all good !! My wife works for BAC in the corporate office and they have been laying off since December and a total of 30,000 people will be laid off this year..I do not trust the numbers people lie the charts don't..Even if the numbers are bad i would not be surprised to see the market rally it has before...The point i was trying to make is tops happen when everyone is bullish and it appears to me alot of traders are looking for a correction and for it to happen this week with all the economic news coming out so me being the contrairian i look for this week to see capitulation on the bears then a blow off top then bang a significant sell off..

The fact that no one is buying AAPL's dips is a sign pointing to a reverse in trends. I'm finally excited and my sell to open calls are getting some love too. SLV is getting hammered, I went from a $5000 profit to a current $2000 loss.   Volatility is shat too, what's up with this?

How can enough people buy the 9M which was liquidated by one position? lol.

Let it settle and see where it ends up. I think if it was inherit weakness the market would be alittle worse off.. need another day of that or to close on the low.

SLV had a false bullish sign as it ran into the cluster of resistance... good article on it over the weekend.

DX and market both down would seem bearish on the surface.

However Treasury and gold weakness, indicates a risk on sentiment.

DX-Y.NYB         79.31         -0.10    -0.12%     

TLT         116.69         -0.46    -0.39% 

Yield:

30 Yr Bond         3.13         +0.01    +0.42%