Poolman's Account Talk

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poolman said:
I see the Bull's running out of steam. :notrust:
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Correct. Range-bound trading and late day selling pressure ~1100 continues; in spite of modest upside confidence number. Next move outside this range (1090-1110), I say will be below this.
 
tsptalk said:
We have a bullish "outside day" on the S&P right now, but it must close near the highs to be effective. If we sell-off late today and close near the lows, that would be a game changer.
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Wow! Talk about putting a curse on the market. I wrote that near the highs. :mad:
 
SO, you're the one responsible for this!!:nuts: Good CALL, we will see about the game changer part tomorrow.:cool:
 
nnuut said:
SO, you're the one responsible for this!!:nuts: Good CALL, we will see about the game changer part tomorrow.:cool:
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I don't know about tomorrow, but what kind of message do you think the market will want to send to BHO on Thursday after his state of the union tomorrow night? :nuts:
 
State of the Union and FOMC meeting. I think the next two days are going to be huge in terms of telling us the direction of the next 5% move.

Today's outside day and sideways action actually looks like other recent short-term bottoms, but it has to hold here (1089).
 
tsptalk said:
State of the Union and FOMC meeting. I think the next two days are going to be huge in terms of telling us the direction of the next 5% move.

Today's outside day and sideways action actually looks like other recent short-term bottoms, but it has to hold here (1089).
Click to expand...

I'm not bullish at the moment, but if market character has changed I don't think anything recent is a good guide. Up until a few trading days ago it was the downside that was anemic and the upside that was relentless. I know it hasn't been very long, but...
 
tsptalk said:
Today's outside day and sideways action actually looks like other recent short-term bottoms, but it has to hold here (1089).
Click to expand...

Sideways?? I lost money AGAIN today!! Granted the sell-off came late in the day. :sick:

If it doesnt pick up tomorrow Im getting out. 2 new IFTs arent far away.
 
Birchtree 8/22/07 same thread, referring to a post above him musing that the market might go up: "You know it's going to happen - the market is a future discounting mechanism. I can't help thinking about 1995. " Presented under the equal time clause. :)
 
Steadygain said:
Thanks guys !!!

Much appreciated !!!

Safety still feels good
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You Know Steady,

That was down right nice of you ! :)


Today, I will admit, through me for a Lou Lou.:confused:

Timothy Geitner, Hank Paulson, Apple Notepad, FOMC Announcement, throw in State Of The Union this evening.

I'm downright Dizzy :laugh:

I'm looking for a little more than we got today anyway. :D
 
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