Marcos Weekly Sentiment Poll (7/30-8/3)

down

well i'm very early with this vote here as i don't feel it's necessary to wait for tomm... there's sooooooooo much hopium going into this week with all the qe rumors making the rounds and what not... the markets have clearly priced in some form of qe somewhere this past week, and i think there's a fairly decent chance for a disappointment if they do not deliver... since i do not see it happening (at least not this week) i think the markets will be disappointed. the hopium level for these markets have almost reached full retard levels... it's quite disgusting tbh... i'm just not trusting this garbage rally. down we go me thinks. this nonsense can only go on for so long... at some point it will all fail. gl.

 

 

oh and...

i vote yes !!!!!!!!!!!!

or even hell yea !!!

yes ??? do you mean up ??? 

uhm no....just yes....maybe even yes dear

lol ah ok i was about to say...wasn't sure if you really wanted this 

 

well i am actually getting the urge to vote up

 

 

 

Im with Kevin on this one...She is not red hot but white hot !!!!  OMG ..  Just wondering how you got that picture of my wife,  ya who am i kidding  LOL .It's a dam good thing she does not read this stuff !!

lol well in that case if you do decide to go for it, here ya go in advance -- 

 

cheers  

 

not for me tho... ewwwwwww 

 

this run up is getting to be way long in the tooth imho... but if we do manage to break past 1400, and especially the hoy at around 1420ish, then wow i guess i would have to concede as well  --

 

well yea..its been over done for a long time...im just looking at the HSM trend now since nothing else matters to the market
we had been up down up down for a few weeks then we went flat 2x technically then last weeks up put us back on track with 3wks ago being down...idfk lmao

I think I'm just going to start flipping a coin on these. The average to date is close to 50% (47.37%) so odds are not that bad with the coin flip, lol. F it, voting Down.

I gonna be the first up vote this week

I voted..... Down.

 

Edited by Cy McCaffrey - 7/28/12 at 8:40pm

 

 

 

right on and i'm looking at the same exact thing on the spx, but the naz and russels (which i view as more of leading indicators) are showing me that we're sitting right at major resistance lines, and we've yet to break the may highs which the spx and dji have done... in other words- they're lagging. that is no good imo. anyway, here are the daily charts that i have for each-

 

naz-

 

 

russ2k-

 

 

question is will it bust on through? if it does, then sure enough there is nothing but clear skies ahead... but i'm not so sure. we'll have to see.. i'm trying to pull up the weekly & monthly charts for these two as well but for some reason i can't get them to work atm. once i do i will edit this post... those didn't look all that rosy to me either..

 

 

and here is the daily dji (not that i care too much about the dow) we touched resistance on there...

 

 

ed: added russ2k weekly- basically right at resistance...

 

 

naz weekly- hitting head right on resis...

 

Edited by Cy McCaffrey - 7/28/12 at 10:37pm

Voted FLAT! 

 

lol we're in this next 'cycle' on the weekly. definitely do not think we will be up this week, if we are it won't be by much.

 

i'm thinking we could pullback to test that 1330 area again and bounce. but still expecting more chop in this range for the next 2 weeks, then we should finally see a big move one way.

 

Our last 'cycle' or whatever you want to call is complete. Got stopped Friday at the 100% arc resistance.

 

 

 

 

And the current one we are in....

 

 

 

 

Bounced hard off that 38.2 weekly arc support which was a huge win for the bulls. Still too early to determine where we're heading over the next couple of months, but I believe if the bulls can hold us up for the next couple of weeks then we will be heading back to 1400+

 

 

Kevin, what is wrong with you man!?