Stock Market Today - Intraday discussion - Page 6165  

AXP is probly important also

Bearish views will like this chart and blog in general, not sure I agree with his latest sloped megaphone, it could flatten out and not trigger til 1050-1100 sometime in mid-'12, but whatever, it is a good chart and what's below is interesting food for thought as well.

http://stockmarket618.wordpress.com/

forgot about that one.. thanx

Rando, something to monitor: AMZN has .00 as LOD. Haven't watched it much to see if that trend works or not

whats the thesis here?

 

if stock has a print of xx.00 LOD or HOD it will go lower (or higher) that day?

is it just me or is anyone else feeling a pretty big move coming very soon... market is holding up fairly well up at these levels in the face of everything that has gone the past 24 hrs (downgrades of spain, and violent riots in greece). feels like to me it wants higher to test that 1230 one more time. beige book coming out in about an hour might get this movin' finally... would like to see wti moving as well. said earlier if it touched near 90 could really get this rally rockin'. let's see what the final hour brings us today... would be something to get the naz in the green eod.

Anyone think we see below 11000 before the end of year? I just dont see it at this point.

Ive got some SPY nov puts, but Im really feeling like "they" will make a push higher to suck in the last of the bulls.

 

"They" being the same douches that generate these news items that keep rallying us, its pretty clear what the modus operandi is.

 

 

Some sort Magical HOPE has been holding these markets up about for a week now waiting to attract actual buyers... but I still haven't seen any evidence that buyers are stepping up at these levels.  When this turns... it will do so in a decisive fashion. 

 

SPY

 

what was that drop all about?

SJE just bought his puts... the markets are now deathly afraid to go against him!!! 
 

 

You mean that massive drop from 1225 to 1223?

 

Yes, on a day this flat, that was pretty good!

Yeah, watch it rip higher now because you jinxed it.

 

u mean that 0.5% decline?

 

OldFart not to be ageist but i think watching this market is not too healthy for your heart

yeah weird...no news I can find anywhere....strange we have to watch for micro movements now

 

 

stated multiple times that we crash on monday. if i'm wrong i won't lose anything cuz i wont short. wont lose any money either because my options that i sold expire friday anyway

didnt u say that about THIS monday?

 

whats your rationale if you have one?

 

seems like the only way that could happen if bad news comes out of europe but then thats like impossible right?

october 24 never said anything about this monday. oct 23 is the big meeting and my rationale is following a person that i watched predict the crash of sept 15 08 in july that year. Website is http://www.enterprisecorruption.com/ he speaks in code though unless you pay for it. As an added bonus it goes with mjokes date also lol. he's all over the internet as reinhardt also

This recent sell-off just looks like the wedge that formed from yesterday's spike has been broken to the downside.  I'm not seeing any headlines.  

I am with SJ i think a false break to the upside to suck in more longs then a fast plunge down to 1140 which would set up a nice inverted H+S on the S&P with a target to 1260 -1300 for the santa rally...