Poolman's Account Talk

Yikes, That does sound bad. I think I would be freaking out too. Good first thoughts of what it might have been but damn an earthquake. :blink:

Did anything with your home get hurt ?
 
Yikes, That does sound bad. I think I would be freaking out too. Good first thoughts of what it might have been but damn an earthquake. :blink:

Did anything with your home get hurt ?

No, everything is fine, inside and outside. The only thing I noticed was that a box had fallen in the garage. I guess a 3.8 isn't really that bad. Wouldn't know it by the noise it made this morning.
 
You're leaning towards getting in with that 1%?:D

What do you see?

LOL, Market's have been going up/down up/down for the last 4 trading day's and staying within a channel. If we break the 1058 - 1060 spx level all bet's are off and we could fall out of this channel.

This has been a tough market as you know. We started this week at spx 1065 and we are currently at 1067. What a non - event week thus far.

http://img34.imageshack.us/img34/5940/spxhidposdiv.png
 
It is. I don't like the News that is out there. Job's are Pitiful. It's like the economy is running on 6/8 cylinders.

PPT cannot just keep printing money. Pathetic Economy :(

I think it's more 3/8 cylinders.

The PPT will print until the bond market says they can't. TNX and TYX are looking bullish so perhaps that day is getting closer.

You saw what happened with the failed 30 yr auction yesterday, right?

PPT came in and pushed yields down.
 
I think it's more 3/8 cylinders.

The PPT will print until the bond market says they can't. TNX and TYX are looking bullish so perhaps that day is getting closer.

You saw what happened with the failed 30 yr auction yesterday, right?

PPT came in and pushed yields down.

Oh Yea, I saw that yesterday. Lot's of stilts holding everything up. :blink:
 
From my perspective she is right and her EW view matches what I've been seeing in my charts. That was an excellent video I had to watch twice...

EW seems like voodoo to me. I can't imagine that there's enough traders out there counting these waves the exact same way. What about the buy/sell programs? Or the PPT? They can't be counting waves.

Aside from my mistrust of EW, I have to agree with her also.

I took a closer look at some of my currency charts today and I'm seeing some possible bear flags that could hurt the market.

After friday's close, the dollar is set to fall come Sunday night, unless Greece or Dubai blows up.
 
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