Another non-confirmation of the dow.......rest of the week should be interesting.

Still liking the looks of the Russell

Why couldn't they at least closed the SPX positive? So close. Wanted 7 up days.

Thar she blows, just like Old Faithful.

look everybody, my count says only (v) missing.
and a short one to boost.

beyond tha it's GS wave land and we get a meat enema ... again

we already had 3 wave correctives way beyond reason so the jury is buying some bear rope

Short isn't that short though is it for the (v) ?......would still be looking at 150-200 (on Dow) points depening on where you have (i) starting and ending....

If we close up on the day I'm still thinking we'll see 1100 plus before this thing rolls over.
The dollar continued down for awhile as the market rolled over in early 2008, same in 1987.

USD can't go down as Obama going to Asia to talk support for US currency.

new posts. Mole and Berk.

ok, either things break from here or we've been bullised

rats! watch the tape, it's dangerous out there

looks like a bunch of drunken Scotsmen around here today

I resemble that insult.

That sounds like a blatant truthful stereotype

This market is so boring.. i think i'm going to read up on the new Area 51 in UTAH. Maybe that will be more exciting...

Did they shut Tonopah Nevada down?

What's it called? Area Jack?

It's a big storage area for doomsday food........no caffeine or liquor though

Found a UFO in SPX: http://screencast.com/t/ZWExOGZhNmIt GS owns that.

nopes, try 40 points lower

I have to say... enjoying the light-hearted mood of the discussion... today, everyone is a comedian :P

Anyone ever read The Conscious Universe by Dean Radin? The guy is somewhat of a kook (pot, meet kettle...), but he does provide a compelling evidence-based argument for his theories (unlike some around here). One of the two main themes of the book is "triggering or influencing of action through mental powers"... and I'm not talking about bending spoons or the healing power of prayer (although I do believe he touches on this)

at any rate, something to keep in mind as while following the tape and killing time(or, for the fake daytraders like myself, resuming work at our day jobs...). perhaps the day of rest for us will allow our mental stamina to recover after an 8-month asskicking, and our collective wills may break us out of Candyland once and for all.

No spoon bending, huh? http://skepdic.com/refuge/graphics/radinCU.jpg

not sure what kind of spoons you use, but that one looks unbent to me ;)

What do you think those beady eyes are focussed on? And what do you think the owner of those eyes is trying to do with that spoon? I do not see a pint of Ben & Jerry's anywhere.

well, the spoon isn't levitating on its own, I can can tell you that much...

or perhaps he is trying to will the appearance of said ice cream pint? (-:

Hahah true, we can only speculate.

http://www.marketoracle.co.uk/Article14921.html
Stocks Bull Market Destroys the Crash Bears Again

WE will all know the direction of the market in 6 months....:)

Folks at EWI said today would be telling. For some reason they are going to say that for Wednesday...

It is very telling, we now have confirmation that the market opened up at 9:30 and the only people who showed up were black boxes.

at least I saidI expected this week to give me the answers I needed.

already understood that when decision is undesireble... they stall

ok, here comes c of C, an honest C would stop very close to opening value

beyond that say hello to your new GS wave overlord

ALL YOUR PUTS ARE BELONG TO US

I just reported your blog as having objectionable content. Have a nice day.

my blog has no content, you might object but that's life

I would like to see the repo rates on the cash for clunkers purchases........bet that's an eye opener.

Hey......are there any publicly traded auctioneers other than high end shit and ebay?

should still be low, you let things roll on friendly collections 3 months, pass it to external collections for another 3 and only talk of repos beyond 6 months arrears.

friendly collections....lol

yeps, getting a credit customer is expensive, first thing is try and recover the client so that interest can be produced over time and products

Just gotta get that poor fucker to sit in this new car........then we gots them agin

but cars used to be bad X-selling oportunities

electronics, supermarkets, that's good for harvesting revolving customers

worked in the business more than a decade and some of that time leading the data mining team for marketing actions....

harvesting.........that's a great term

something soylentish about harvesting customers?

VIX coiling up...

jesus, have you guys clicked on this Chat in 3D banner >>>

"be the person you want to be!"

I am currently living as David Bowie, wanna chat?

Ill be mrs. richard ramirez

And I'll be Charlie Gasparino: B.S.D.

Now get me my drink and tell these other pissants to go pound sand.....

and plug your book 24-7!

F*ckin'-A Right you will, you shits

Wait wait wiat, stop, shut-up - LET ME FINISH MY POINT

Ya know, you sound a lot like that woman I have to work with. Crazy bimbo with the hyphen in her name ....Dumb as a stump but got a rack like the Tetons....

tom, get a grip

yeah....have to stop channelling charlie as I'm getting an urge to crack the scotch....

Nothing a little plastic surgery can't fix: http://bit.ly/3Yg692

on the Tetons?

you too, if mole returns and finds you all thinking this is a chat room.... you know what happens?

BLAHBLAHBLAh - you don't know shit - I WAS THERE - I KNOW WHAT I'M TALKING ABOUT- now where's the freakin' ice?

Hahaha

http://www.bullandbearwise.com/FOMOSP500.asp

Look ma! No Mo' POMO

Well it's about time......

Cocoa is rolling over in a very impulsive looking fashion........

It accelerated down today after breaking below 30 in the Daily Wilders RSI7 yesterday

Yuppers.......I was early.....but things are much better......when's the rollover date on the dec contract?

Here's the spec from ICE
https://www.theice.com/productguide/ProductDetails.shtml?specId=7

More bullish news Ambac warns it may file for bankruptcy protection Bond insurer says it may not have enough money to meet payment due in 2011

That should be good for 20 green handles on the SPX.

What's the name of Anna's site again? troglodytetraders.com or something like that?

The joke only works for people who know what troglodyte means. Or for people that can use google

and should the joke have a Platonic angle?

lol.........put that ragged putter to good use..........I expect a blow by blow report on your round

http://hotoptionbabe.com/

Stock Timing notes that institutional selling has been declining since the local bottom on Nov 2, 2009.

10 year auction was at 3.47% for $25 billion.
Bid to cover was 2.81 vs an avg of 2.61 to date.
Indirect was 47.3% vs 36.2% for the past 10 auctions.

The 2 - 10 year spread narrowed to 2.64% down from 2.70% on Nov 6th - which was the most sind July 27th.

I note that the TNX is saying the 10 year rate is 3.495%; so the price is falling a touch.

Yes, while the dollar bull flag is nice- bonds look to be clearing the way for a ramp.

Like the RUT action thus far though.

CD

Do you subscribe to Peter Eliades Letter? :)

"One of the stock market timers I monitor who currently is quite bearish is Peter Eliades, editor of the Stockmarket Cycles advisory service. It is tied for second place for performance since October 2007, when the stock market reached its all-time high, having produced a 7.3% annualized gain. Over the same period, the stock market itself suffered a 14.7% annualized loss.

In an email to clients, following Monday's 204-point rise in the Dow to a new recovery high, Eliades reviewed a number of technical reasons why the rally is on shaky ground. Three of the leading reasons are:

Even after rallying so impressively in recent sessions, the stock market has merely made it back up to the downtrend line from the October 2007 high.

The rally has come on progressively lower volume: "The market has now advanced for six consecutive days on a closing basis. Each of those days has seen lower volume than the preceding day except for today [Monday] which saw a slight increase in volume above Friday's volume but was still below Thursday's volume."

The Dow's new high was "unconfirmed by virtually every other index or average. In fact, some of the indexes such as the Russell 2000 index of smaller cap stocks have performed very poorly on a relative basis compared to the Dow. The Russell 2000 actually reached its top on Sept. 23 and has now retraced just over 50% of the losses from that high. It is nowhere near either its September or its October high. The same is true for unweighted indexes, such as the Value Line Arithmetic and the Value Line Geometric."

To be sure, Eliades concedes that he didn't expect the market to rally as far as it has already. And continued strength could lead him to "completely change the market's intermediate to longer-term outlook."

In the meantime, though, he believes that Monday's action was a "final fake-out move to the upside."

http://www.marketwatch.com/story/market-timer-t...

No.
I had a big client a few yrs ago who did though and I was always having to explain myself when my outlook didn't jell w Eliades.

...really got to hate hearing about that guys daily phone mssge

where's fa_q ? Off banging some STD laden slut??......we need him here doing God's work like Blankface.

I take offense to that - all of my women are clean. Well, most of them.

Unlike you degenerates, I don't sit in front of screens all day. I've got one last sell at 1105 and the rest of it I'm just waiting. According to the internet and the media I guess I'll be waiting for a long time for my trades to be profitable. I guess the bottom is in. Sucks.

Ahhhh......woke your sorry ass up.....now roll that little ho off your left arm and give us some insight.

There's such a great mom joke in there if only I knew you better.

I've got nothing today. Looks like a 4th wave. I was hoping for either a blast up followed by a high volume reversal or a gap down island. Neither happened. Probably just a day or two chop and then we decide if we're going to go for the new high or put in another shoulder. I'm down 10 pts on my trade. If I was a real trader I would probably try to take some off today or tomorrow and add on the ramp, but I'm not a very good market timer so I'll probably just let it ride.

If we're going for the new high I think we'll see 1075 first. At that point I may take some off. If we go right for the new high then I'll let it ride because I think it will come right back down at a higher rate of speed.

Now the golf course beckons. I shall see you rats later.

about your 4... either it's a iv of 3 or it's over and we're going down

btw iv of 3 is the GS result of movements as phony as 3 dollar bills

Let 'er rip.......lol........thnks for the concise summary.......now go lay a few in the water

Volumes today are even lighter than they were in the last 2 days........worry is that the manipulators take this even higher on the light volumes......unless the sellers start to show some balls.

Sellers balls have been crushed by the bulls horn.

by the bull's head, the horn missed the balls... but only by a couple of inches in the wrong direction

SPX fractal similarity?

http://screencast.com/t/NmY0MTVjOG

Mole, I know that lately we have been more abused than choirboys in a catholic seminar, but do you have to use BRUNO as our new mascot?

Ich fink nein!

Fastmoney just mentioned today was selling ahead of lock-up date coming tomorrow. Possible reversion trade then tomorrow on the news
...and possible re-short opp from there I'd almost suggest

Brutal

Dennis Kneale should be pushed in front of a moving car!

where's the button for LIKE +100000? This guy is a total waste of space, hilarious that his show only lasted what, a week?

I will be happy to shove him :)

A slowed-down wood chipper with dull blades would be a better choice.

$25 billion in 10-yr Notes to be auctioned off at 1pm. The big event of the day.

GS new lod

Edit: interesting with high today just under 50-day ...and nowhere near nh's along w Dow this time

I count 5 down and an ABC at minuette degree.

I've always been told the S&P and the Nasdaq are much better indicators than the Dow as to what reaallly be goin on. Looks like the RUT ain't feelin any of this either....beware the double booby top!!!

You like my titties count I see......

In regards to the Border Collie -- it would never be bored, I would have it scalping /ES non-stop.

Bcs are great.....best dogs I've ever owned BY FAR.....but I have full sisters so they keep each other occupied....they love the pool.....just great companions

Do you BCs bark a lot? My Shetland Sheepdog never shut up.

They can....we have alot of coyotes that get them started.......I put bark collars on when I leave so they don't bug an anal neighbor I have.......and dammit....they know exactly when the collars off......no outsmarting them that's for damn sure,.

What's bark collar and how does it work?

A couple types......they pick up vibrations off the larynx and either give them a little shock....or it shakes as a warning....just like the invisible fence thingies

Thanks

You have a cocoa trade on?

No I don't trade cocoa. Where did you get the idea I had a cocoa
trade on?

Hahaha yes sir! Is it booby top? or booby trap...

PS - anyone try the new $TICK trigger from thinkscript.com? Very simple, very cool

Checked that site - nothing there.

I'll give skynet the benefit of doubt until nasdaq 2154

nice fibs, open

yes

and some stronger stock seems to be doing a iv

DA Davidson on Tuesday wrote that while recent gains in the stock market
were encouraging, the absence of big volume on days of large advances "may
suggest growing investor skepticism as to the sustainability of the current
rally."
The firm added that the lack of volume also suggested a "moderate to high
level of investor fear," with the primary fear being that "the economy might
dip back into even deeper recession."

Ok, dow in red = beginnning of P3 = buy your puts now
(have i not learnt anything, from the last few weeks?)

>Ok, dow in red = beginnning of P3 = buy your puts now
(have i not learnt anything, from the last few weeks?)


You and me neither.

from baminvestor: BAM US Dollar Model very bullish over the coming three sessions. $SPX traders--you know what that implies (we're fading stk. strength). VIX-We have NEVER seen a set-up as dangerous as the current $VIX in 23 years of volatility index history. Break of (VXO) 172.79 high coming. We're short from FUTS 1093.00. Expecting to see time spent vibrating above and below 1089.25 before triggering another sell. - --lets see how good his forecast is

the needle is stuck at 1090. Can somebody slap the black box?

At the risk of being behind the curve again, it appears that a virus has infected hal/skynet. Someone hit ctrl-alt-delete please.

VIX still up, but UUP getting kicked in the nads.

Mole

I think your post title was incredibly apt and wry, but you can amend it now. Hal/Skynet just got turned back on :)

did not!

You didn't see my comment and twitter update?

Mole - when does the daily zero update - looks stuck on yesterday in my browser - interested to see what it's saying today... ich danke dir

I just checked the online feed and it's working fine. You might have to clean your browser's cache. I think it's shift-reload in Firefox - or try ctrl-reload.

lol as I explained before some weeks back, for some reason, disqus gives my work computer a frickign hernia, so if you see a post from me you can generally assume that I was attempting to post it approximately 15 minutes before ;)

Skynet trading AI has been repaired - enjoy the remainder of the session.

not sure about that, did you see nasdaq?

Just DIE you BITCH! http://www.youtube.com/watch?v=svjiHW3kmEk&feature=related

Use time feature http://www.youtube.com/watch?v=svjiHW3kmEk#t=1m02s

OOooh I didn't know these YouTubes had a start timer thingamajig!

Seriously, thanks for the tip :)

Gold/silver ratio continuing to suck wind ...

You want humour?

http://www.youtube.com/watch?v=Ty5NdJypwJE

Right - I'm off to shill for my fund. Hope it collapses while I am out. good luck all.

I haven't opened the link, I'm wondering in advance if it is John Cleese giving a Hebrew graffiti artist a Latin grammar lesson. That scene is priceless.

it's not life of brian, it's not Monty Python, but watchable

this is funnier

They're really scurrying around today ... "buy dollar / sell stocks" "NO buy crude / sell euros" "NO sell silver / buy Dow" "NO ...."

Nice avatar. Did u make it?

Yeah, used that "Obamafication" website to get the fonts right and then photoshopped in the rest.

I'm looking forward to posting with a "Buy Fear" avatar with Ron Paul's picture on it around 2013 :)

Nice work..

Santelli having a coronary now

I thought he might blow a hose in his head. But he's from Chicago. If they give him a meatball sandwich, he'll calm down.

A Big Al's Beef sandwich works better than 'ludes.....

nice!

Santelli is great at cutting the CNBS Lies-man bullshit

Always appreciate his POV - and I love his delivery - LOL :-)

Russell count still in play imo.......

Cat-fight on CNBC. I wonder how long Santelli can keep up the good fight.

Awe man, I missed it. I wonder if there is a link to the segment. I will look on TOS.

Oh this is GOOOD!!!! :-)

FYI,fed did POMO at 11:00

http://www.newyorkfed.org/markets/pomo/display/index.cfm?opertype=agny