Stock Market Today : Aug 20th - 24th - Page 13  

/es more volatile than $AAPL right now i swear lol!

come on $FB short squeeze, you sooooo close to exploding

qe3 coming september

Quote:

Originally Posted by Rock Sexton 

 

All I know is, whatever it was .... it made them happy at 1:30pm EST.  That is no coincidence we got that volume spike.

Maaan they were happy all afternoon yesterday.

I love the 1min monkey bar chart. Retrace - low volume. Retrace bottom - no volume.

Quote:

Originally Posted by rando 

hmm... this is bullish thinking...
All caps not mine: "MORE FED MEMBERS SAY THEY FAVOR EASING IF NO GROWTH CONTINUES"
http://www.businessinsider.com/fomc-august-minutes-2012-8

"We think the main options could include the following: pushing out the targeted exit date for fed funds, providing 'exit guidance' on balance sheet measures (i.e. asset sales), various mixes of additional balance sheet expansion (including the possibility of an open-ended QE program) and cutting interest on reserves," LaVorgna says."

Traders forget qe is still going on. The extension of operation twist till the end of the year and the fact that most fund managers are under performing and will have to chase for performance makes sure the market goes higher. The market doesn't need additional qe for it to go higher.

who cares wat the market does.. i think they're prob looking at economic fundamentals in their decision for further quantitative easing

Quote:

Originally Posted by BestTraderAlive 

Traders forget qe is still going on. The extension of operation twist till the end of the year and the fact that most fund managers are under performing and will have to chase for performance makes sure the market goes higher. The market doesn't need additional qe for it to go higher.

Quote:

Originally Posted by tones 

who cares wat the market does.. i think they're prob looking at economic fundamentals in their decision for further quantitative easing

I'm not sure you read my post correctly. I stated at this point even if there is no additional qe the market should go higher based on operation twist, low interest rate, and the real state market coming off from the bottom.

Quote:

Originally Posted by mpr 

1405-6. reversal point

Off to 1440.

Quote:

Originally Posted by rando 


Now we know for sure you're in the middle of a lap dance.

That is pretty damn funny...

Quote:

Originally Posted by BestTraderAlive 

I'm not sure you read my post correctly. I stated at this point even if there is no additional qe the market should go higher based on operation twist, low interest rate, and the real state market coming off from the bottom.

Bit vague for me. operation twist has been running for some time but the market does have its undulations.

As for Tones...  after being trapped in a chatroom with him for 6 months I have formed this view..

(Just messing Tones )

AAPL preforming great this afternoon! Hoping for a 670 close. 

Quote:

Originally Posted by Rock Sexton 

Another 60min stop volume on AAPL to open this morning.  Time to start eyeballing the 660.03 creek.  If that breaks it should re-test 670.00

Keeeeeep truckin' AAPL.

Quote:

Originally Posted by Rock Sexton 

Keeeeeep truckin' AAPL.

That was a great call Rock. I have to start looking closer at your analysis techniques!

Tones is well connected BTW so don't upset him..

All this good news and TLT goes higher...Hmmmm !!!!

Lot of mentions for $670 on AAPL today - great call, almost spot on (we shall see soon).

Exactly.  How convenient that the wording of the fed minutes leads people to believe that more qe is coming, on a day when things are looking negative...

Quote:

Originally Posted by StockJock-e 

 

The magic of not actually doing anything, but just saying how you favor or plan to do stuff, thus causing a rally which is what the goal was in the first place.

 

Yeah, I used to play this game at bars and clubs...

 

"Sure baby, Ill take you out for a nice dinner, go for a moonlit walk on the beach, it will be an amazing! .. and yes, I will call you in the morning..."

I sincerely doubt it, unless the market falls into a big correction.  Why actually do QE, when you can just *say* you're thinking seriously about it and spur the market?

Quote:

Originally Posted by tones 

qe3 coming september