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Bounce is upon us but Bonds are not buying it. I'm not a full believer till we see Bonds come off. For the day though A ups across the board.

Are you trying to jinx me? :)

Why is it that only the FX guys on this site believe in this crazy BS? I don't see guys starting threads about being long and short AAPL at the same time. LOL.

Reagan on left leaning governments: "If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it."

I think I've been through this with you before. I'm not sure why this is so hard to understand, but: EUR/USD ------------ = EUR/CHF USD/CHF It's the same pair!!!! There is no bias. If these pairs did not equal each other you could arb the two for a risk free profit!

Nice pop in the Euro on the close.

Remember, it's always looks the scariest right before the bottom. :) I will say given today's action, I would have thought Bonds would have gone vertical and they didn't. Basically unch on the day. Also BAC was green? And what the hell happened to GOOG? FB giveth and FB taketh away.

http://marketmontage.com/2012/05/18/reaching-extremes/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+marketmontage%2Fxyz+%28Market+Montage%29

http://marketmontage.com/2012/05/18/whats-weak-is-bouncing-what-was-strong-is-fading/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+marketmontage%2Fxyz+%28Market+Montage%29

Getting close to unch on the year which is my ideal target. As I was telling Shan, markets rarely bottom on Fridays. I'm guessing Tuesday is our day. Somewhere between 1260 and 1275 which I'm guessing is going to be the weekly A down. BTW, anyone seen Natty today? :)

http://vixandmore.blogspot.com/2012/05/million-spx-put-contracts-traded-todaya.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+VixAndMore+%28VIX+and+More%29

OK King. Just wanted to make sure people weren't just making up levels here. :)

What's at 1290 and 1308? Where are you guys getting these levels? Next major level is unched on the year. That level is 1260 on cash.

Love it! Nice find.

I'm going to make a prediction. I bet we put in a low when AAPL prints 525. It could easily do that in one or two sessions. I think that's the magic number. AAPL flushes and puts in a big reversal day and there is your bottom. Only 20 pts away.

Corrections usually end on very very bad news. Sentiment the last week has gotten insanely bearish. You know the bottom is near when even Bob Psiani and Maria Bartiroma are getting scared. Hell even Cramer is pulling up charts and pointing out all the bearish indicators. I suspect the bottom...

Are there any days when natty gas does not go up 5%? Just wondering...

King...AAPL!

OK, well just curious about this though. I think you are in your mid 40's no? I didn't even know you could go back into the guard at that age much less get them to pay for your school and re-enlist. Of course it's never too late to go back to school for anything, but at your age did you...

You better be watching your little girl AAPL King. She really needs you down here. Sitting at the weekly and intra-day A down around the 550-551 level. If this level doesn't hold...