how we get there

[teknobucks]

SPX 600 .......will it be a quick drop so we can clean up in ultra's?

FAZ 150 & SRS 200 plus....can happen ;)


this chop chop chop market only makes money for the house

if we get the 'nenner rally" those two products will be the buy of a lifetime

[etftalk]

That's the question... A relief rally, then a drop?

My guess, for what it's worth, is drop (this week into next possibly breaking the Nov low), a relief rally (i.e. nenner rally) ... the real leg down.

[etftalk]

This pattern is looking very familiar.

Of course we could see a move above the first resistance area to the top of the wedge (~900) but this looks a lot like the action after everyone called the "September bottom". Two hits up to the 20-dma and bam!

http://www.tsptalk.com/images/020609a.gif

[teknobucks]

watch this damn thing keep running
bot more FAZ today..plan to load up another 300~500 shares per day as we rally should it continue ... gravity will pull the air out...i hope

[teknobucks]

GET SHORTY FOLKS



major azz fall dead ahead


i'm so short i can walk under a pregnant ant with an umbrella :)

[etftalk]

i'm so short i can walk under a pregnant ant with an umbrella :)
That's short.

[etftalk]

Source www.sentimentrader.com (http://www.sentimentrader.com):
When the S&P has been up 1% or more the day before a Payroll Report, then gapped up on the morning of the report, it finished the day higher than the open 71% of the time (10 out of 14) by an average of +0.2%. But buying the close and holding for a day resulted in only 3 winners (a 21% success rate) and an average of -0.3%. Three days later there was 2 winners and the average dropped to -1.0%.

[teknobucks]

FAZ....bot 350 more that's it.....drawdown has my atten

[alevin]

So ok, I'm looking at UUP and UDN-weekly charts-danged if I can tell which one is the better bet at this point. Opinions please!
http://stockcharts.com/h-sc/ui?s=UDN&p=W&b=5&g=0&id=p52238330796


OR

http://stockcharts.com/h-sc/ui?s=UUP&p=W&b=5&g=0&id=p52238330796

both are ratcheting down into symetrical triangles if my eye has it right. Which way is the cat going to jump?

[etftalk]

LOL. To bet on the dollar, against the dollar, or just hold cash (in dollars)? That is the question. :D

[Uptrend]

UDN looks like the stonger chart to me - a W double bottom. The first low of the W points to the price target at a diagonal at about 27 UUP has retraced from a M pattern and broken a support line. However the slow sto is forming a bullish cross. Price target 26.5-27

[Bullitt]

UDN/UUP. I think as soon as the smoke clears with this Pig Virus, the dollar safehaven buying will subside which equals upside for UDN.

[alevin]

thanks guys, that helps me get clearer about what to avoid for now. My buy list at the moment is mainly Chinese, Canadian and commods.