Yeah but we are going to use some "OBAMA Money" as they say in Detroit and spend who knows HOW MUCH to cut checks to Seniors for $250 instead. This to the tune of 13 Billion Total. Why they hell don't they just give all the seniors a one time $250 pump in a check they already issue. What WASTE to set up a completely different process and spend to cut separate checks. Federal effiency at it's finest.

I just got back from errands - am I seeing right??? Did INTC cause this massive rally in all 3 index futures (DOW - up 61, NAZ up 18 and s & P up 8) this is NUTS - they are ONE company.......

If you went home short, you might want to reconsider while you maybe still can.

Interesting commentary on FBN - as oil rises - GDP goes down. So the fed's (and everyone else) are calling for really good GDP numbers in third and fourth quarters. Which concept or talking head is wrong? If anyone can chart Oil and GDP - would be interesting to look at.

DANG - What is this about? So much for the opening short......LOL!

Shold make things interesting in the AM - Meredith Whitney has downgraded GS - just heard it on BB.

Matt, and others - what about this - Matt do you have IB/TB and TS all on the same computer? Is it POSSIBLE (just looking for answers) that if the 3 programs are on the same computer, that somehow they do execute faster and thus fills are better. Your orders are indeed at market correct - not limit correct? Just wondering why there would be such discrepancy with someone else using TS and IB. Since I am not doing it that way YET, I just can't add to the debate or data here - but would sure like to know the outcome.

you need to compare your trades to what TS reports as the trade. The difference, if any, is slippage. TS has HUGE slippage on most of the trades, but Matt has said that the Trade Bullet/IB combo does not experience slippage to the same level - although some does exist.

Matt, might it not be most likely to break on which ever side of the 20 MA the price is on?  Just looking at a few recent piched, when the price was holding below the middle (20 MA) then it broke down, and vice versa. Just wondering your thoughts.

Take that back - not quite to that 43.37 yet. I'll watch. Thanks for the heads up - nap wasn't long enough to make me alert! LOL!

Looks like we may get a cross and a trade - 1st time since Monday. Doubt we get much out of it though as the market is just not doing anything - but....could be....

Pretty boring day - think I'll go have a nap!

Thanks Bill. I'm trading Matt's system but with that post - if we get there, maybe I'll load up a bit more and trade some extra shares.

For those who are wondering - I just got two TS confirmations from TS - not from Pinnacle. I plan to find out about this hopefully tomorrow. I personally did not open the stuff from pinnacle as I am suspicious of it - even more so now that I just got NEW confirmations from the normal source. I would recommend not opening those things unless/until you know they are legitimate.

This country and government is simply out of control. Spending money we do not have. The conspiracy theory is if they manage to break us, then we will be at their mercy. Well, their on the speed path to that venue NOW.

I got one this AM from this as well but have since gotten 2 from the other address - Weird - I have 2 accounts so maybe it's accurate. Who knows - just need to be careful. Thanks for letting me know.

Maybe I missed something that TS sent out to tell us about this, but can anyone confirm if the daily statements from TS now come from the email address Notification.com@pinnacledatasystems.com?

Prior to today, they came from notification@tradestation.com

I sent my broker an email but sometimes the blog is much quicker. Seems rather PHISHY to me. TIA!

I became a capitulated BEAR today - so that's all it took! Just send your THANKS to me via PM please.

I am likely going to be away for a few days so I left you all a nice present.

Oh I don't think this is a short squeeze at all. The market is going up and it's going to keep going up unless and until we begin to confront the issues that are going to make us pay at some point in the future. Just my 2 cents.

BTW - we are now above the 89 week MA that Matt and Steve have had us watching for over a year. I know it's not Friday yet, but my personal assessment is that we are not going to get any significant pullback anytime in the near future. We are ignoring the troubles of the country and the market is just happy to believe by burying our head in the sand things will be wonderful. Just my 2 cents.....