350zCommtech's Account Talk

[vectorman]

1500 broken on the S&P. Next support at 1490, followed by 1482. If that doesn't hold....:worried:

If the SPX closes below 1500, it will be the first time going back to 9-17-07 the day before the Fed 50 pt cut. The SPX is now below the 100 day ma. 1489 will be the next big test.

View attachment 2433

http://bigcharts.marketwatch.com/advchart/frames/frames.asp?symb=SP500

 

[350zCommTech]

FTSE now showing -54.80.
http://investing.reuters.co.uk/inves...px?sym=gb!ftse

I don't know much about all these different indexes but here's the link to London Exchange, shows all of them:
http://www.londonstockexchange.com/e...es/indices.htm

Looks like they got the problem fixed.

Thanks.

 

[350zCommTech]

If the SPX closes below 1500, it will be the first time going back to 9-17-07 the day before the Fed 50 pt cut. The SPX is now below the 100 day ma. 1489 will be the next big test.

It just bounced near 1482. It better hold...:worried:

Edit:

It was actually 1485.

 

[350zCommTech]

It just bounced near 1482. It better hold...:worried:

Edit:

It was actually 1485.

Nice cute little bounce at the 200.

View attachment 2434

 

[Show-me]

1500 broken on the S&P. Next support at 1490, followed by 1482. If that doesn't hold....:worried:

The 200 dma is holding for now. Keep your fingers crossed.

 

[350zCommTech]

The 200 dma is holding for now. Keep your fingers crossed.

Yeah, I'm sweating bullets...

 

[wv-girl]

How is the F fund doing? I have a little in there today.

tia

 

[350zCommTech]

How is the F fund doing? I have a little in there today.

tia

Up 1 at the moment.

 

[Show-me]

Yeah, I'm sweating bullets...

Sounds like we are in the same dingy with 30 point waves. :nuts: I'm going to make myself go away and not look until the close so that I don't jinx us. Good luck everyone. Everyone together ..................... hummmmmmmmm.

 

[350zCommTech]

The good news:

CSCO's earnings were ok, not great but ok. Maybe it's bad news?

The bad news:

S&P closed below the 200 at 1475.
RUT looks down right ugly.
The Yen got stronger in the afternoon. Some unwinding of the Yen carry trade(thank God it wasn't a major one). The Yen needs to turn around tonight or we're going to see this in the Nikkei tonight.

 

[12%ayear]

The good news:

CSCO's earnings were ok, not great but ok. Maybe it's bad news?

The bad news:

S&P closed below the 200 at 1475.
RUT looks down right ugly.
The Yen got stronger in the afternoon. Some unwinding of the Yen carry trade. The Yen needs to turn around tonight or we're going to see this in the Nikkei tonight.

CSCO has great number, however; the news was already factored in. I was wrong about this market. The pulse is pretty bad, there is word on the street thatabout $500 billion will be written-off.(TEASER RATES) Banks are in serious trouble and the FED can only do so much. They will cut on Dec. 11th, this will only go so far.

 

[350zCommTech]

We're at a tipping point right now. We need to break resistance soon.:worried:

 

[350zCommTech]

We're at a tipping point right now. We need to break resistance soon.:worried:

YES! We just broke the first one....

 

[350zCommTech]

We got another good bounce off 1450, but it needs to get legs. I think we'll see a recovery this afternoon.


F fund up 2 at the moment.

 

[350zCommTech]

Etrade Financial just got nuked!

View attachment 2495

 

[James48843]

Glad I don't own any shares of E-trade- but....

That still doesn't help us break this downward spiral that is hitting the S&P this month. We dropped to 1446 this morning, before rebounding slightly.

I cannot see if we are going to reverse direction anytime soon- or if that was it.

The economy is not on strong legs, and all these breakdowns and writdowns are bound to have a serious affect on all stocks.

 

[350zCommTech]

Glad I don't own any shares of E-trade- but....

That still doesn't help us break this downward spiral that is hitting the S&P this month. We dropped to 1446 this morning, before rebounding slightly.

I cannot see if we are going to reverse direction anytime soon- or if that was it.

The economy is not on strong legs, and all these breakdowns and writdowns are bound to have a serious affect on all stocks.

I wouldn't trust anything we're seeing right now. We might not see any real action until this afternoon or tomorrow. I would not be surprise if the Nikkei opens down again tonight, but the BOJ might cause a rally in their second half. I hope the rally can hold off until Wednesday.

 

[350zCommTech]

I hope it's not too late for folks to withdraw their money from their Etrade accounts..:worried:

 

[ATCJeff]

I hope it's not too late for folks to withdraw their money from their Etrade accounts..:worried:

E-Trade halved on warning, sell rating
http://www.marketwatch.com/news/sto...x?guid={2FE9802B-A85A-4674-A43C-C3F1FE6980AC}

 

[350zCommTech]

E-Trade halved on warning, sell rating
http://www.marketwatch.com/news/sto...x?guid={2FE9802B-A85A-4674-A43C-C3F1FE6980AC}

It's going to ZERO!!!!!!