Is a bounce too obvious?

[Rod]

I jumped in yesterday, so this little pittance of an average is just a hair above the "G" fund pennies....


Fingers crossed for at least a little green tomorrow.

I bet tomorrow will hinge upon what President Obama has to say tonight.

He's supposed to be blunt. So, hopefully that will settle any unanswered questions.

 

[tsptalk]

I'd like to see a move over 778 today for confirmation of this rebound. It doesn't have to close up there, just an intraday move to 780 without taking out the lows.

 

[Frixxxx]

I bet tomorrow will hinge upon what President Obama has to say tonight.

He's supposed to be blunt. So, hopefully that will settle any unanswered questions.

No answers, still only questions.......and once again, we muddle through the quagmire of indecision and uncertainty:blink:

 

[nnuut]

From what I see, our man Obama isn't going to KISS the Market's BUTT, he purposely avoided any subject that would give the Markets a lift last night. I don't expect him to say anything tonight that would bring on a rally.

 

[tsptalk]

I'd like to see a move over 778 today for confirmation of this rebound. It doesn't have to close up there, just an intraday move to 780 without taking out the lows.

I just saw a 779+ print. Cool!

 

[Rod]

I just saw a 779+ print. Cool!

YES!

780.12

 

[Bullitt]

UGA might have broken out today.

 

[tsptalk]

UGA might have broken out today.

Looks like some follow-through today. Up a buck in premarket.

 

[tsptalk]

Not looking good. 752.89 was yesterday's low on S&P. If that gives....

 

[Minnow]

Not looking good. 752.89 was yesterday's low on S&P. If that gives....

witching half-hour... they're fighting hard...

dontcha just love already having made your decision 4 hours ago?

 

[felixthecat]

The little train that could is all I'm thinking. Come on little train...climb that mountain. I can't believe this humbling experience has reduced me into wishing on a little train. :blink:

 

[Rod]

It just goes to show that we cannot call the market for the day until after the close.

At least the lows are holding. And here's hoping they continue to hold.

Rod

 

[Rod]

So Tom, watcha think of today's volume?

 

[tsptalk]

So Tom, watcha think of today's volume?

Looks interesting Rod. Dangerous times, but judging by past similar volumes, Monday or Tuesday could start be an explosive relief rally - that may not last very long.

 

[Rod]

Looks interesting Rod. Dangerous times, but judging by past similar volumes, Monday or Tuesday could start be an explosive relief rally - that may not last very long.

Yeah, it would be nice to catch at least 4%.