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Stock Market Today : May 14th - 18th - Page 29

post #561 of 1030
Quote:
Originally Posted by o7media View Post

 

Last 2 days have been slow, took longer than expected. S&P support I'm looking at is a bit higher now, around 1315 - 1320. That area should hold..for now.

 

33486s2.png

 

2e5l7b7.png

 

 

Typically I'd go long here, bounced right off the retracement level at 1315. But...we can still have downside if we don't hold this today. Gonna be interesting, there's also another retracement that is showing downside on the S&P to the 200 ma.

 

my .02.

post #562 of 1030
Thread Starter 

Come on bouncy, dont let me down!

post #563 of 1030

I'm bullish, however, given FB tomorrow and no real motivators to go up I could see a final sell-off today of people freeing up cash for tomorrow. Then activate rally mode!

post #564 of 1030
Financials got drilled yesterday, and were awful off the open today. They've bounced 1% off their lows. Watching that closely, could be a sign. That said, dollar has shown some real resilience today.
post #565 of 1030
Quote:
Originally Posted by StockJock-e View Post

Come on bouncy, dont let me down!

 

The bounce is coming just hang in there. I'm guess anytime between now and 1:00.

post #566 of 1030
Thread Starter 
Quote:
Originally Posted by webChris View Post

I'm bullish, however, given FB tomorrow and no real motivators to go up I could see a final sell-off today of people freeing up cash for tomorrow. Then activate rally mode!

 

There are billions of dollars at stake tomorrow, no way in hell the markets are selling off on the day that FB ipos.

post #567 of 1030
Thread Starter 
Quote:
Originally Posted by BobK View Post

 

The bounce is coming just hang in there. I'm guess anytime between now and 1:00.

 

Why are you not helping out?

 

Starting buying YM, force them to rally it! biggrin.gif

post #568 of 1030
Quote:
Originally Posted by StockJock-e View Post

 

There are billions of dollars at stake tomorrow, no way in hell the markets are selling off on the day that FB ipos.

 

Oh I'm sure there will be a rally tomorrow. I'm just saying I think today could be that final sell-off before the rally starts.

post #569 of 1030

LNKD517

 

LNKD symmetrical triangle? I'd be looking to buy some calls here for the possible break-out.

post #570 of 1030
Thread Starter 

Market internals not looking good here for bulls, but we have GS +1.3% which is something worth noting.

 

If the financials can find some support here, bulls will be ok.

 

Homebuilders, Transports and financials are the worst sectors at the moment.

post #571 of 1030
If no real buying comes at these levels, downside risk to monthly support at around 1300 area is possible next stop.

Then, you may start seeing some panic.
post #572 of 1030
Quote:
Originally Posted by StockJock-e View Post

 

Why are you not helping out?

 

Starting buying YM, force them to rally it! biggrin.gif

 

I did buy. Check Ichi's Stuff. We either get the bounce or this is the real flush Rando talks about. The longer this drags out the more I'm thinking flush.

 

http://www.hotstockmarket.com/t/208213/ichibombs-stuff/200

post #573 of 1030
Thread Starter 

AMZN just gave up the little spike it had, back to the morning lows.

post #574 of 1030

Bought some AAPL Jul 21 2012 565 Calls for $18.80

post #575 of 1030
Thread Starter 

Transports just tanked to new lows.

post #576 of 1030

PCLN breaking down.

post #577 of 1030

No post for 14 minutes so time for  a quick question ! Does anyone know if Algorithm activity is made public is there a website anyone is aware of where I can track daily activity realtime?

 

I would appreciate a post or PM very much. (Something I'm trying to understand and use to my advantage)  Thanks.

post #578 of 1030

A short term bounce coming but will not last too long according to my magic 8 ball

 

Will we see a short term bounce either later today or tomorrow?

 

 

3.gif

post #579 of 1030
Thread Starter 
Quote:
Originally Posted by Davecash77 View Post

A short term bounce coming but will not last too long according to my magic 8 ball

 

Will we see a short term bounce either later today or tomorrow?

 

 

3.gif

 

The 8ball never lies.

post #580 of 1030

AMZN broke support ..let's get all the big boys to break down koolaid.gif

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