350zCommtech's Account Talk

[Frixxxx]

It's about that time again. Bond market just closed. Let's see why the money goes in the last hour.

Looks like it's just SITTING there!!!!!:blink:

 

[350zCommTech]

Looks like it's just SITTING there!!!!!:blink:

Or maybe it's shorting the market?

 

[Frixxxx]

Or maybe it's shorting the market?

Ah, the last thirty minutes got the shorties in for a few bucks....you were right, I see stale data this week and employment numbers are going to rock some more worlds. Programmed selling got the best of today's markets.....If we don't stay above 900 on the S&P this week, we'll be hurting!!!!

The fat lady is just warming up.......:suspicious:

 

[350zCommTech]

Ah, the last thirty minutes got the shorties in for a few bucks....you were right, I see stale data this week and employment numbers are going to rock some more worlds. Programmed selling got the best of today's markets.....If we don't stay above 900 on the S&P this week, we'll be hurting!!!!

The fat lady is just warming up.......:suspicious:

That last 30 min was very interesting. The SPX closed at the LOD and right on the bottom of the Bollinger band, and the Yen was relatively flat most of the afternoon. The VIX was actually moving down all afternoon.

It looks like a setup for a turn-around-Tuesday(morning). But, with TNX closing below the 20dma, for the second time in just over a week, any rally will probably get sold.

View attachment 6471

View attachment 6470

 

[Frixxxx]

That last 30 min was very interesting. The SPX closed at the LOD and right on the bottom of the Bollinger band, and the Yen was relatively flat most of the afternoon. The VIX was actually moving down all afternoon.

It looks like a setup for a turn-around-Tuesday(morning). But, with TNX closing below the 20dma, for the second time in just over a week, any rally will probably get sold.

Programmed shorts....it is after May and the sells are in.....Those bands of bollinger do stretch too!

 

[350zCommTech]

Big drop in the dollar but SPX only up slightly. Europeans actually closed well off their highs of the day. TNX stayed below the 20dma.

With that kind of a drop in the dollar, the markets should have been up a lot more, IMO. Something smells fishy. Bond yields have dropped nicely in the last two weeks, I can't see the Feds doing anything to nullify their recent purchases. Especially, with more auctions to come.

View attachment 6474

 

[350zCommTech]

Bond yields reversing hard before the Fed. What do they know?

View attachment 6478

 

[Frixxxx]

Preparing......hmmmm...Still need a crystal ball?:blink:

 

[350zCommTech]

Preparing......hmmmm...Still need a crystal ball?:blink:

It looks like bond traders might be expecting Ben to announce more or bigger buying of treasuries. I think the previous Fed statement was a disappointment to them.

Both the EUR/USD and GBP/USD have slowly moved into oversold and might be poised to rocket up on Fed announcement, which would also launch stocks to the moon.

Everybody, as usual, appears to be expecting something good from the FOMC.

 

[350zCommTech]

is this real?

View attachment 6479

 

[350zCommTech]

It looks like bond traders might be expecting Ben to announce more or bigger buying of treasuries. I think the previous Fed statement was a disappointment to them.

Another disappointment for bonds.

 

[Steadygain]

is this real?

NO! Everything is an illusion - thoughts - like vapors that take shape and then dissappear without a trace. In fact you aren't even reading this - for it's all just a dream - another 'creation' by the huge machine constantly in operation 'making us think this and that'

but it's weird to think that all of us are floating in jelly - never moving or even opening our eyes - but constantly engaged in the sights and sounds and everything else - the Machine feeds our brain.


OK - back to the grinding stone for at least 2 hours

 

[350zCommTech]

NO! Everything is an illusion - thoughts - like vapors that take shape and then dissappear without a trace. In fact you aren't even reading this - for it's all just a dream - another 'creation' by the huge machine constantly in operation 'making us think this and that'

but it's weird to think that all of us are floating in jelly - never moving or even opening our eyes - but constantly engaged in the sights and sounds and everything else - the Machine feeds our brain.


OK - back to the grinding stone for at least 2 hours

Steady,

Put down the green shoots and slowly walk away.:laugh:

 

[350zCommTech]

I just watched Cramer's defense of Bernanke and the independence of the Federal Reserve. I'm going to puke.

 

[hessian]

Hey 350,
See reversals in other Indexes as well, eg., the TRANS, SEMISs, BKX - even the VIX.
All, best wishes and maintian perspective...

 

[WorkFE]

Steady is in the Matrix, quick some get him out.

 

[Steadygain]

Steady is in the Matrix, quick some get him out.

One of the all time BEST MOVIES ever !!

Very much My kind of movie :nuts:

Well good night all

 

[350zCommTech]

Went 100% S today. Pretty much what Uptrend said but I'll also add that the TNX appears to be looking for some kind of a bottom.

View attachment 6530

 

[Steadygain]

Looks like the move to 100% I Fund was a good one.

Nice job man.

My plan was staying in a little while so I put enough in each to make it work out.

GL Dude

 

[350zCommTech]

One day early with my IFT and paid the price. Just trying to get back to even.

I've been in OKC for a week now. It's hot here but the golf is cheap.

GL everyone.