-
The Forum works well on MOBILE devices without an app: Just go to: https://forum.tsptalk.com
-
Please read our AutoTracker policy on the IFT deadline and remaining active. Thanks!
-
$ - Premium Service Content (Info) | AutoTracker Monthly Winners | Is Gmail et al, Blocking Our emails?
Find us on: Facebook & X | Posting Copyrighted Material
-
Join the TSP Talk AutoTracker: How to Get Started | Login | Main AutoTracker Page
-
The Forum works well on MOBILE devices without an app: Just go to: https://forum.tsptalk.com ...
Or you can now use TapaTalk again!
nnuut's Account Talk
- Thread starter nnuut
- Start date
kar_crazy
Active member
12 day weekend for me
, just hope my back gets good enough to paint the ole hot rod , if it looks good i will add to aviator
Mcqlives
Active member
Really a big "if"...so much that it is starting to feel like January when we saw the last big fall really start. I stayed in I a day too long and took by beating today. Have to hope on some buy ins next week and a stronger outlook on the transportations for me to stay in.
Have a great weekend!!!
Have a great weekend!!!
Frixxxx
Moderator
Thanks for the vote of confidence.....I need it....Happy 4th all!
kar_crazy
Active member
12 Day Weekend, BOY you don't mess around!! Have a good one, what color are you going to paint the Hot Rod? well was going to go pearl blue again but add silver SS stripe around the nose and doun into the door , i dont want the bandaid stripes , but too many know i am off , i have been on a friends monster truck since wed night and my daughters car , my dag gum truck needed some attention , my step dad has me running me around 2 of his trucks and everything else he finds,next vacation i am leaving town :laugh:, man they are killing me , oh did i mention my brothers truck
kar_crazy
Active member
stayed up till midnight( thats late for me anymore):laugh:did get most of it in gray primer, now back to work on 41 p/u, in about 2 hrs it has to be beer thirty somewhere and that somewhere will be in my shop(barn)
nnuut
Moderator | TSP Legend
It appears that the Head and Shoulders is going to do it's NASTY DEED!!
S&P banging on 870's Door!!View attachment 6540
nnuut
Moderator | TSP Legend
S&P 810?????:worried:
S&P's Stovall: Pullback to 810 is Likely
Published: Thursday, 9 Jul 2009 | 12:19 PM ET
By: CNBC.com
Sam Stovall of Standard & Poor's and Christopher Zook of Caz Investments had some bad news and some good news. They each think the economy still looks awful — but there are ways to play it.
"We're going through a corrective phase now," said Stovall. "A digestion of the 40 percent advance off of the March 9 lows."
How bad will it be?
"We could see the S&P drop to 800 to 825" before the picture is clear, he cautioned.
Pointing to the "head and shoulders" formation that many technical analysts are seeing, Stovall said the "height between the shoulder and head could bring us down to the 830 level."
And he believes "we'll probably go down to about 810."
A big downward driver: Stovall predicted that unemployment could stay above 10 percent through the first half of 2011.
Zook agreed that "the key is unemployment." And he says the job numbers will stay bad, if not get worse, as the stimulus "won't work, at least not in its present form."
Counterpoint: [more]
http://www.cnbc.com/id/31829483
S&P's Stovall: Pullback to 810 is Likely
Published: Thursday, 9 Jul 2009 | 12:19 PM ET
By: CNBC.com
Sam Stovall of Standard & Poor's and Christopher Zook of Caz Investments had some bad news and some good news. They each think the economy still looks awful — but there are ways to play it.
"We're going through a corrective phase now," said Stovall. "A digestion of the 40 percent advance off of the March 9 lows."
How bad will it be?
"We could see the S&P drop to 800 to 825" before the picture is clear, he cautioned.
Pointing to the "head and shoulders" formation that many technical analysts are seeing, Stovall said the "height between the shoulder and head could bring us down to the 830 level."
And he believes "we'll probably go down to about 810."
A big downward driver: Stovall predicted that unemployment could stay above 10 percent through the first half of 2011.
Zook agreed that "the key is unemployment." And he says the job numbers will stay bad, if not get worse, as the stimulus "won't work, at least not in its present form."
Counterpoint: [more]
http://www.cnbc.com/id/31829483
Viva_La_Migra
Well-known member
Now we're guaranteed to go to 1030!:laugh:
nnuut
Moderator | TSP Legend
I currently an 50% each "F" and "G". Not moving until we get some Idea where the Market is heading. Currently we are stuck and can dive to around 810 S&P due to a Head and Sholders Pattern, break out or go sideways. Too much risk for me. Next week OPEX, ??????:worried:
nnuut
Moderator | TSP Legend
Still hanging in the "F" and "G", this is a pivotal day if we're up it could mean a breakout if not more sideways to down action. We will probably give some back today and more tomorrow. Will just have to wait and see, watch the CPI!
The INFLATION MONSTER may be out of the cage?
NAH! not yet!!!!:embarrest:
Last edited:
nnuut
Moderator | TSP Legend
Does this look like a Triple TOP on TRAN?:worried:
View attachment 6585
Triple Top
What Does Triple Top Mean?
A pattern used in technical analysis to predict the reversal of a prolonged uptrend. This pattern is identified when the price of an asset creates three peaks at nearly the same price level. The bounce off the resistance near the third peak is a clear indication that buying interest is becoming exhausted. It is used by traders to predict the reversal of the uptrend.
http://www.investopedia.com/terms/t/tripletop.asp
View attachment 6585
Triple Top
What Does Triple Top Mean?
A pattern used in technical analysis to predict the reversal of a prolonged uptrend. This pattern is identified when the price of an asset creates three peaks at nearly the same price level. The bounce off the resistance near the third peak is a clear indication that buying interest is becoming exhausted. It is used by traders to predict the reversal of the uptrend.
http://www.investopedia.com/terms/t/tripletop.asp
Similar threads
