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The dollar/equity market decoupling yesterday recoupled today with dollar/equity indexes moving inversely. As the Pound and Euro slide it is gonna be a drag on US equity gains. With all these factors: Currency crosses, Govt stimulus spending slowing, interest rate stabilization, and a...

Wikipedia: There is controversy whether a remora's diet is primarily leftover fragments, or the feces of the host. In some species (Echeneis naucrates and E. neucratoides) consumption of host feces is strongly indicated in gut dissections. Hey at least I know my place.....

We're closing in on 1130. I need to watch what happens in and around this range for clues. Someone started lightly selling today at 1122. That's spitting distance to 1130. This rollover won't happen quickly as more money needs to be on the table otherwise it's not worth the effort to take...

For now....

Strong dollar. 30 points up from the melt-up. End of month flows dwindling. A fair amount of overhead resistance to breakthrough. Hmmmm. Does this rally have legs. Not without dollar strength weakening. That's the key for tomorrow. And certainly not for breakout highs above 1150...

Wicked move!!! I'll bet a few phone calls were made amongst "Elite Bankers" today.

Actually I thought of another thing. Learn patterns. Today was a gap up, then squeeze higher all day. It was the path of least resistance. No largge trader was willing to sell so it just continues to squeeze higher. Every 30 minutes or so the news and order flow is reevaluated to...

A few more thoughts. Then I'm done with this thread: In addition to the two major armies (buyers and sellers) there are minor alliances that form as well. Buyers and sellers looking to cover after price movement. Scalpers. VWAP'ers. So the thing to do is get in tune with ORDER...

Trading is like war. What I mean is that you need to have a strategy otherwise you're gonna get slain on the battlefield. As a small player all you can do is align yourself with the armies. There are two major forces: Buyers and Sellers. Figure out where the battlelines exist. Support and...

Let it run into the ISM numbers, then when momentum fell shorted into the spike to hit the stops at 1113. Good for 2 pts.

Government is not going to do a better job in keeping me healthy. Social security is going to get steam-rolled after the next election just an example of how they did a great job managing your pension. Some mandates are in order to avoid excessive profiteering by insurance companies for sure...

Nice chart.

Well said!!! Yes but turning points are always tough on trend followers. My read on price action is we are gonna have a tough time making new highs thus the call for a trading range between 1030 and 1130. JMHO

http://www.cmegroup.com/popup/mdq2.html?code=ESH0&title=March_2010_E_mini_S_P_500_%28Dollar%29&type=v The Volume Profile Chart tell the story

Here's what's at stake. http://finance.yahoo.com/news/AP-Enterprise-How-nuclear-apf-2158694708.html?x=0&sec=topStories&pos=main&asset=&ccode= China/Iran Oil This is hardball folks

Globex opened Sunday night sharply UP!!! Get ready for squeeze higher screw job, then after the squeeze turn it around and head for 1050. Just a guess based on "The market goes where the most players lose theory of price action." Stockcharts P & F chart...

Globex opened Sunday night sharply UP!!! Get ready for squeeze higher screw job, then after the squeeze turn it around and head for 1050. Just a guess based on "The market goes where the most players lose theory of price action."

I have no stake in this but to learn. Is your point that we (public global financial interests) would have been fine without massive US gov't intervention? There are many that currently put forth that the intervention is just delaying or making the inevitable worse. Is that your point?

Norway derives a good chunk of their revenue from oil reserves not unlike the Middle East and are an unfair skewed economy given their size and natural resources.... but much of Norway's economic growth has been fueled by an abundance of natural resources, including petroleum exploration and...

Thank you for making the point I was unable to make so clearly!!!