Dow 13,875 Naz 2690 S&P 1560

[tubytrader]

Quote from kalzayani:

Next 15 days
Trade range for me

12,684 11,828
12,590 11,741
12,510 11,667
12,631 11,780
12,735 11,876
12,723 11,865
12,956 12,082
13,150 12,263
13,174 12,286
13,242 12,349
13,301 12,404
13,294 12,398
13,282 12,386
13,268 12,373
13,204 12,313
13,107 12,223
13,072 12,191

Expecting some rally???

 

[polpolik]

Quote from phil1424:

It will be the same old shit. even if its a bearish num there still run it up higher . they dont need a good reason everyone should see that by now .

Amen. I think it's already decided whether it'll go up or not whatever the numbers come up to be.

 

[S2007S]

Quote from phil1424:

It will be the same old shit. even if its a bearish num there still run it up higher . they dont need a good reason everyone should see that by now .

I sort of agree with that. I guess the more bearish the more chance of the fed cutting rates = bullish stock market, why I dont know. Today another rally, i think its a head fake as the market will sell off again. IF tomorrow job #'s come in around 90-120k expect another rally, anything below 70k and this market "should" selloff but I would not guarantee it.

 

[S2007S]

ITs the rallies you sell and the huge down days you buy. Stay away from the markets today.

 

[S2007S]

feels like just 2 days ago when the market traded up 160+ points, once we pass the +110-120 area + 150 is guaranteed.

 

[Landis82]

Quote from ByLoSellHi:

Those are my year end predictions.





(Seriously)

Sounds a lot like Goldman Sachs and Abbey Joseph Cohen.
And that even takes into account a slowing Economy and higher inflationary pressures.

 

[duard]

Here little cow cow. Here little bull. This way bull it's nice in here. Come on big fella.....


Into the slaughterhouse. The guy with the big club behind the one-way gate is just waiting. That big building behind the gate is the meat processing plant.


Don't fool yourselves. Gotta get enough folks back in before we ratchet this market back down. The real question is do we form an inverse head and shoulders and rally from there not if we retest the lows IMHO.


I'm wrong alot so go ahead and buy, buy, buy...


Disclaimer: This was directed to long-term positional traders. Days will rally hard and they will sell-off but the market changed direction until proven otherwise and many institutional traders know that.....

 

[duard]

Gap higher on overnight futures movement and then the sell into the strength. This may go on for awhile but rest assured another buy point at least as low as this weeks low will come back around and then we see if a bottom is in or we ratchet down another level.


FWIW I say we sell off the rest of the day. Not inordinate selling but a drift down.

 

[ByLoSellHi]

Quote from Landis82:

Sounds a lot like Abbey Joseph Cohen.

That is quite possibly the worst thing anyone ever said to me, and I was born in Cabrini Green.

 

[duard]

Quote from ByLoSellHi:

... and I was born in Cabrini Green.

Ah, Cabrini Green. That lovely manicured garden. Such fond memories of a nice fresh cup of coffee and a stroll through the gardens.