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  1. M

    WYNN to be added to S&P 500

    ASH deleted as of 11/13 close I guess gambling is part of the economy now :D
  2. M

    MrktObserver4U's Journal

    I am going out on a limb and calling Citigroup (C) 3 month bottom here in the $9's. Citigroup hit a low of $10.34 today and closed $10.80. Good to start opening up a long position and accumulate.
  3. M

    Defend your country

    Thought of the day: Do you really think the boys and girls out in the field want to come back to a land that is more fucked up than when they went to defend it? Ask yourself that question and look inner. DEFEND YOUR COUNTRY BECAUSE SOMEONE ELSE WILL TAKE IT.
  4. M

    MrktObserver4U's Journal

    Markets in turmoil, recession, blah blah blah. Fear, terrorism, blah blah blah. All bullshit. I dont want to see 880 ESZ8 in the next 6 months. You don't want to either. Defend your country's financial system because if you don't, some other country will be running it, buying up US...
  5. M

    Defend your country

    I dont want to see 880 ESZ8 in the next 6 months. You don't want to either. Defend your country's financial system because if you don't, some other country will be running it, buying up US corporations on the cheap and putting your kids through slavery. LOVE YOUR COUNTRY AND QUIT THINKING...
  6. M

    MrktObserver4U's Journal

    Let's not forget our boys out in the field and why this country is great. If you lost hope, see things in a deep dark way, you have lost what many generations before gave you the right of freedom to what you do today. God Bless The USA Dont ever forget that shit. You have the opportunity...
  7. M

    MrktObserver4U's Journal

    3:30AM EST This is starting to look like a surprise open for Monday. The futures market could be up strongly if buying pressure continues and shorts in disbelief don't back out of the way of a moving train. This could setup Monday to be a significant gap up day for the entire market. Being...
  8. M

    MrktObserver4U's Journal

    After bouncing around crossing 940 for weeks (a number that I mentioned numerous times the past few weeks), the market gapped up interestingly on Sunday. It is 3:15EST as I write this and there is quite a bit of activity. Fading gaps after the market criss crosses a key level is usually not a...
  9. M

    MrktObserver4U's Journal

    Sunday ES futures gapped up and ran almost 20 points to 957.75. A strong move after hours Friday in the closing hour coupled with this gap up looks might bullish to me. As I write this, ES is trading 948. Given this movement, I added a tad more at 948 in my speculation that the market holds...
  10. M

    MrktObserver4U's Journal

    My thoughts for trading in the near future: http://search.playlist.com/tracks/don%20henley%20new%20york%20minute It happens Harry was a perma bear.
  11. M

    MrktObserver4U's Journal

    Added a little more ES 920.25 position break even now.
  12. M

    MrktObserver4U's Journal

    Playing long and bad news is good contrarian view. Holding small position of 945 still. Tripled up at 907.
  13. M

    MrktObserver4U's Journal

    Buy the presidential rally, sell the news was the theme today as the markets sold off all the upside chop. Stopping out at 994 was a good thing and this looks like a throwback as I suggested in the last post. I didn't put on a short today because I felt that was UNAMERICAN - but I saw...
  14. M

    MrktObserver4U's Journal

    - Ultra Financial Proshares (UYG) long bias. Chart looks like it is improving. - QID trading right at my $60 target and got there faster than I thought - NCC blew over the $2.40 resistance - AIG up over 60% - GOOG +$40 - Goldman Sachs not good long here, probably good in mid $80s - GE...
  15. M

    MrktObserver4U's Journal

    Markets gapped up overnight and ran all day today. Midday, futures pulled back. ES hit 1001.25 as its high. Currently trading 991 as I write this. ES needs a strong close to keep the potential of a bull rally intact. A close near 1010 would be best in the final 45 minutes. I am moving all...
  16. M

    MrktObserver4U's Journal

    ES 960-980 continues to be the zone. A breakout over 980 would look to send this market higher. Also something that came to mind as I wrote this is that we havent seen a good gap and run in a while. Given the bulltrap two weeks ago, the throwback last Wednesday on close, a good gap and run...
  17. M

    MrktObserver4U's Journal

    As I sit here tonight, I have read a lot of stuff about "what will happen if McCain or Obama win the election?" Does it really matter? Big money has already made its bet and if you are living under a rock, the polls are saying that Obama wins. The overall markets will move in the direction...
  18. M

    MrktObserver4U's Journal

    VIX stabilization, as mentioned in a previous post towards 50 has all but bored traders to death the past four sessions. Market movement has been choppy leaving daytraders in frustration mode. Since the throwback last Wednesday, the market has been chopping higher. Today was a progression...
  19. M

    Liquid Trading LLC ?????

    Nice spam by newbies. Create one account to ask "Who is XXX". Create another one to answer. You guys are pathetic.
  20. M

    Oct Unemployment Rate

    Who cares, its already factored in.
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