Wednesday, June 2, 2010
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2010
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06
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- Bull Suit
- Reverse By Close
- Delayed by Bulls
- Short Again
- Dubious Bounce
- World Markets
- Sold Long
- Looking for a Bounce
- Starting to Cover
- When to Get Long?
- Busting 1040
- SPX 1050
- Gap and Go
- Consolidating on Low Volume
- Sitting on My Hands
- Potential Pitfalls
- Big Wave
- Not Enough Fear
- Making Investments
- Daytrade Short
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- Getting Out
- Heavy Put Activity
- No Strong Support till 1070 SPX = 1066 ES
- Giving Up the Ghost
- Weak Earnings
- Bears in Control
- Yuan News = Bull Trap
- Selling Doesn't Wait
- Fed to the Rescue
- Down The Slope
- Quicksand
- 2Q Window Dressing
- Bear's Best Shot
- FOMC Jockeying
- Housing Data
- Toppy
- Lacking Energy
- The Chinese are Coming!
- Fundamentals Are Bad
- Dull Market
- ES 1116
- Closed Short
- Shorting Here
- A Tired Market
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- Selloff Looks Feeble
- Squeeze Continues
- Tricky Juncture
- Impressive Strength
- Cramer Indicator
- Europe: All About Nothing?
- No Selloff Today
- Looking Bullish
- Europe Outperformance
- Intraday Reversal
- Back to Normal?
- Spain Not Greece
- Stealing the Move
- Summer Projection
- Waiting Game
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- Today's Close
- Forget Quiet
- Quiet Trade
- Gap Down Signal
- Turning Neutral
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- We Need Capitulation
- Europe
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- Getting Shorter
- Now Short
- Tempted to Short the Close
- Bounce to 1067
- 1040 Ahead
- Psychology Test
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- Nonfarm Preview
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- Two Consecutive Up Days
- Going to 1110
- Give the Bulls Today
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The information contained on this website and from any communication related to the author's blog is for informational purposes only. The analysis and commentary do not hold out as providing any financial, legal, investment, or other advice. In addition, no suggestion or advice is offered regarding the nature, profitability, suitability, sustainability of any particular trading or investment strategy. The materials on this website do not constitute an offer or advice and you should not rely on the information here to make or refrain from making any decision or take or refrain from taking any action. It is up to the visitors to make their own decisions, or to consult with a registered professional financial advisor.
5 comments:
What do you think about getting long offshore drillers like RIG or HOS?
I wouldn't touch any stocks unless we trade near 1040.
That's an interesting opinion. We already tested 1040 recently and bounced off that. If we test it again, it would seem like it's to go even lower. Are you basing your opinion on a similar pattern you experienced in the past?
1040 will provide initial support which won't last long, but good enough for a daytrade. 1020 and 990 are levels that can provide more lasting support.
Are you going to get long if we break 1100 and stay above it?
Otherwise, if that's not happening, I would say we're range bound and going down tomorrow. Back to 1075
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