Thanks. Got lucky. Just happened to be on the computer and was
aware of that level. I think like most, I didn't expect the futures
to take such a bloodbath this morning.
Posted by hamvestor on 12th of Jul 2011 at 09:05 am
Well, how about the decline in the dollar in the past 4 hours,
the fact that the Spanish and Portuguese markets have reversed big
declines and have now turned positive, etc.?
Posted by hamvestor on 12th of Jul 2011 at 08:56 am
lol. If the futures are going up, it's a giant, manipulative
conspiracy by the criminal banking elite, but if the futures go
down, it's natural market forces at work.
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Turn around in futures??
Posted by windyjazz on 12th of Jul 2011 at 08:02 am
Just short covering? Profit taking? PPT? Any ideas out there?
Bernanke and the pumpers woke up....nice joke alright....10 pts in an hr on spx....over a buck on IWM....free mkt my butt.....
Posted by marketguy on 12th of Jul 2011 at 08:06 am
MG
Posted by biscuit on 12th of Jul 2011 at 08:30 am
relax. we're going to hell. i'm long hand baskets.
not so sure biscuit....funnymentals say "yes" but when they can run the futures back to breakeven after being down 20 pts last night it makes you wonder...
Posted by marketguy on 12th of Jul 2011 at 08:40 am
btw...that 20pt turnaround was on "no" new news after all the PIGS 10 yr debt hit decade highs....SPY and Qs now positive....
Posted by marketguy on 12th of Jul 2011 at 08:46 am
btw
Posted by donald on 12th of Jul 2011 at 08:47 am
inverse of USD action
yes,bildeberg/goldman
Posted by honzer on 12th of Jul 2011 at 08:44 am
yes,bildeberg/goldman
Definition of Bilderberg/Goldman: the reason
Posted by algyros on 12th of Jul 2011 at 08:52 am
Definition of Bilderberg/Goldman: the reason the stock market isn't going the way I predicted.
watch movie INSIDE JOB,You may
Posted by honzer on 12th of Jul 2011 at 09:00 am
watch movie INSIDE JOB,You may change your toon,good luck trading
cmon now alex.....no one was predicting anything about this decline we r just commenting on how an heroic move can come out of no where in the face of such a steep decline is all...
Posted by marketguy on 12th of Jul 2011 at 08:57 am
ie there were legit reasons for the declines overnight (blowout in PIGS spreads etc) but none for the subsequent rebound over the last few hrs..but i digress...not worth anymore blog space...
Posted by marketguy on 12th of Jul 2011 at 09:02 am
Fwiw, the futures did bounce
Posted by cw12 on 12th of Jul 2011 at 10:02 am
Fwiw, the futures did bounce at some support(previous resistance turned support) this morning.
FWIW
Posted by donald on 12th of Jul 2011 at 10:14 am
Hey cw12...overlay a 5 min ES chart and the 5 min $DXY chart for the last 12 hours,
inverse of each other
Yep, trading inverse to each
Posted by cw12 on 12th of Jul 2011 at 10:19 am
Yep, trading inverse to each other. I was lucky enough to be up to go long when we hit that support. I'm out now, was just a dt.
Yep
Posted by donald on 12th of Jul 2011 at 10:21 am
Well Done !
Thanks. Got lucky. Just happened
Posted by cw12 on 12th of Jul 2011 at 10:30 am
Thanks. Got lucky. Just happened to be on the computer and was aware of that level. I think like most, I didn't expect the futures to take such a bloodbath this morning.
Well, how about the decline
Posted by hamvestor on 12th of Jul 2011 at 09:05 am
Well, how about the decline in the dollar in the past 4 hours, the fact that the Spanish and Portuguese markets have reversed big declines and have now turned positive, etc.?
exactly our point ham....reverved on what? their yields are still blown out but again not worth arguing about....
Posted by marketguy on 12th of Jul 2011 at 09:11 am
it might have been on the trade deficit numbers.
Posted by zach06 on 12th of Jul 2011 at 09:14 am
U.S. Stock Futures Trim Losses on Signs European Crisis Is Being Addressed
Posted by bkout3 on 12th of Jul 2011 at 09:51 am
link
lol. If the futures are
Posted by hamvestor on 12th of Jul 2011 at 08:56 am
lol. If the futures are going up, it's a giant, manipulative conspiracy by the criminal banking elite, but if the futures go down, it's natural market forces at work.