how we get there

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

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.

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

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

GET SHORTY FOLKS



major azz fall dead ahead


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

Quote:

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Originally Posted by teknobucks

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

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That's short.

Source 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%.

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

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...d=p52238330796


OR

http://stockcharts.com/h-sc/ui?s=UUP...d=p52238330796

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

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

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

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.

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.