Stock Market Today - Intraday discussion - Page 6164  

*cough*

/me points to copper chart.

but no were gonna break out cuz were at resistance.. didnt you hear?

i would be skerd of that .. if it breaks 3.24 could revisit lower lows.

getting some currency movement as well, hoping the /dx will hold 77.20 this time around

I need your opinions here. Should I cut my MS shorts with huge loss and cry or should I wait? 

Quote:

Originally Posted by StockJock-e 

*cough*

 

/me points to copper chart.

Oh dear, not the best chart :(   but its from 06 oct to today.  

Again, sorry for the stupid question, but does copper have any important correlation to the market?  What's the importance here?

wait till close
 

Quote:

Originally Posted by ibuddler 

I need your opinions here. Should I cut my MS shorts with huge loss and cry or should I wait? 

hold the MS.. cant really get any worse jmo.  well it can but i think it will contact alittle .. maybe give you a few bucks back. or just close part of it.

tough to find anything really bearish out there this morning, except for copper which is on important support levels here:

Quote:

Originally Posted by RagingBull 

Again, sorry for the stupid question, but does copper have any important correlation to the market?  What's the importance here?

People use it a a market indicator, if copper goes up market is, or has potential to grow as China imports the most of all nations (I think), they use it for industrial purposes. However my personal opinion is that it is so manipulated by China that it is not so reliable anymore. WHY? Because when they need to import lots they don't want to pay top or mid price they want to pay lower prices.. sneaky buggers!

Decrepid fossils such as myself always thought it could predict conflict as it is used for munitians (spelling - sorry)   

BAC falling off a cliff  

It's about time...

anyone in casino stocks? or opinions on the sector for the quarter.

Wynn reports AH. 

was thinking about getting lvs calls to play it.

I'm guessing price will follow something like the blue line today.

Anything below the -3sd (red) and I'm looking for shorts. 

It's kind of hard to judge in this tight range.

copper now -3%

weak all day.

Quote:

Originally Posted by IchibomB 

I'm guessing price will follow something like the blue line today.

Anything below the -3sd (red) and I'm looking for shorts. 

It's kind of hard to judge in this tight range.

Sloppy market today, we probably get some good action towards the bell.

hate this market with a passion. Not helping that fast money is saying to buy rig which i'm trying to buy at 50

WOW ! NFLX just bounced back to 113 + change .. hope Philo got out in time.   AAPL stuck at 405 for the moment..

Wow @ Intel (I know it's noon and I just looked, so I'm late to the party).  Up almost 5%.  

Apparently people still buy PCs and AMD isn't really cutting into their market share.

Guessing no one expected this?  I backed up the money truck at $21.  Nice surprise today for me!

AMZN lod here, -3%

some notable earnings movers after the bell: wynn, bwld, rvbd, plcm, scss... thoughts?

im thinking bwld short, rvbd long, and scss long