Poolman's Account Talk

[Nordic]

Boy Wouldn't this be a great day to go all in If we knew the market's would be up this much tomorrow. Market's biggest drop this year.

Pivot point of 1133 on the S&P 500 is broken as of right now.
Dollar Up
Gold Down
Vix Up
Oil Down
Earnings not that great and Company's beating still lose for the most part after hours and into the next day.
China sending out mixed signals.

Looks like we may get that 300 point drop today.

P3 Might be Here !

We may not have gotten the 300 point drop yesterday, but the way this morning is going, could be a 300 point drop in two days. That P3 chart is still fresh in my mind...if that thing is anywhere close to being accurate, I might have to step to the sideline on any strength. It's still hard to say if the recent trend has definitely been broken, but hopefully we're close to finding out.

 

[poolman]

We may not have gotten the 300 point drop yesterday, but the way this morning is going, could be a 300 point drop in two days. That P3 chart is still fresh in my mind...if that thing is anywhere close to being accurate, I might have to step to the sideline on any strength. It's still hard to say if the recent trend has definitely been broken, but hopefully we're close to finding out.

Good Morning Nordic,

Yes, Several Charts are breaking down as I write this. I am trying to get some information together for the MB.

Also Closing time for us to make our decision if any is coming fast.

I'll be back with some info by 11:30

 

[poolman]

Let me post a couple of things as I am looking. Probably a couple of posts here and then my decision. This could be the Wav 5 starting as part of P3. If it is, We have just started down.

http://img511.imageshack.us/img511/6311/spfutures0111.png

 

[poolman]

http://4.bp.blogspot.com/_OY0Kpjc3VHk/S1hR5VjYllI/AAAAAAAAA5I/dEW3N7mYU8Y/s1600-h/DOW.gif

 

[poolman]

This is really getting out of Control. Very Unresponsible.

http://www.zerohedge.com/article/de...9-trillion-increase-debt-ceiling-143-trillion

 

[poolman]

http://stockstop.org/download/file.php?id=3473&sid=fb31d7c8bdcedbb54d8a5f1e70d20cff&mode=view

 

[Nordic]

This is really getting out of Control. Very Unresponsible.

http://www.zerohedge.com/article/de...9-trillion-increase-debt-ceiling-143-trillion

Agreed. Well, the upcoming elections in November will be a good forum for the public to voice their displeasure. Hope the Dems enjoyed their year of power (Mass. Sen. Brown is just the beginning).

 

[poolman]

http://2.bp.blogspot.com/_Gi-9fDeQJwo/S1eCW27Vs3I/AAAAAAAABs0/WE9qvP_QOGA/s1600-h/SPX.png

 

[poolman]

http://1.bp.blogspot.com/_TwUS3GyHKsQ/S1Yfe7ed-lI/AAAAAAAADnc/R70cHd5WAU4/s1600-h/rut.png

 

[poolman]

ok, I'm sorry for hogging the board but I did tell you I was going to for a few.

What to do. :suspicious:

 

[coolhand]

This is really getting out of Control. Very Unresponsible.

http://www.zerohedge.com/article/de...9-trillion-increase-debt-ceiling-143-trillion

Depends on one's agenda. They aren't interested in fiscal responsibility. They want to take control of our lives, so they'll dish out the pain until we say uncle.

 

[poolman]

There is our 300 points down, and moving lower fast.

 

[poolman]

Depends on one's agenda. They aren't interested in fiscal responsibility. They want to take control of our lives, so they'll dish out the pain until we say uncle.

Bump

I feel the same Coolhand.
This guy is tricky

 

[Steadygain]

Let me post a couple of things as I am looking. Probably a couple of posts here and then my decision. This could be the Wav 5 starting as part of P3. If it is, We have just started down.

We're overdue .... and it's all part of the big picture

With the way the VIX has been it's absolutely amazing things haven't caved in already.

I stayed in simply because the Dumb Money doesn't know any better and felt it was worth the chance


Birch knows his Rahm ... that's why he's began pulling back to G


But all this is just a blimp in a long running movie -- so no big deal; things look like they are going right on schedule...

Now watch us make one more really Big Pop ....

 

[Nordic]

There is our 300 points down, and moving lower fast.

I fund is staring at a 5% drop in two days, I'm almost considering playing an I fund bounce and jumping back out :suspicious:

 

[poolman]

I am staying on the Lily Pad. 100% - G

There has been allot of technical damage done between yesterday and today.

Sentiment has shifted to Negative.

Today will be Confirmation down.

And I will not forget about this for now.

http://i46.tinypic.com/2q2lf2u.jpg

 

[coolhand]

I am staying on the Lily Pad. 100% - G

There has been allot of technical damage done between yesterday and today.

Sentiment has shifted to Negative.

Today will be Confirmation down.

And I will not forget about this for now.

http://i46.tinypic.com/2q2lf2u.jpg

Make sure you wave to BT as he passes us on the tracker. :laugh:

 

[poolman]

Make sure you wave to BT as he passes us on the tracker. :laugh:

"Friends don't let friends buy and hold..."

Come On Coolhand, Let's Wave Together.

View attachment 8028View attachment 8028

 

[coolhand]

"Friends don't let friends buy and hold..."

Come On Coolhand, Let's Wave Together.

View attachment 8028View attachment 8028

Too funny! :laugh:

 

[poolman]

http://www.youtube.com/watch?v=HqYxgdyiL1I&feature=sub