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avg 53

Adding at 55.

S51

JPM is down 8% pre market, other banks not doing too hot either but ES is barely lower...

No wait what's "10-Q"?

Looks like mostly inline with estimates to me, should be a non-event. The market wants to go up, badly. :D

Should be trading up to 66 today.

Yes I think the fact that the yield on the 10yr is now well under 2% must have something to do with the stock market's resilience of late, there is simply no more money to be made in bonds, its a hobson's choice.

Range is related to gaps. I think many people are confused between partial (half) gaps and a normal gap, or they have their own ideas on what a gap is (which is normal since TA is not a science). You only get a gap when the open on the next day is outside the previous day's range, its only a...

I think the flag already failed after the breakdown at 43 ended in a reversal. But of course with this market you never know... the next selloff is likely just a bearish headline away.

Got mine from reuters:

EFSF headlines at approximately 1200 EST.

Aight thx...

Traded back to 53-55 zone again. Bears trying hard to defend this area.

Thats great! Please share. :)

What are they posting? News?

Greek headlines again. :eek: I think technical analysis is pretty useless in this environment.

Its the algos that are doing the selling, the dumping came just before the headlines crossed.

Eurozone headlines driving this choppy session. :mad:

I'm looking at EUR too, unless we get a miracle this will be the first close under 1.3 in a while, which implies more downside.