The ACD Method

[Maverick74]

Just as I thought yesterday, the tell in the XLF failing to make that monthly A up was the thing to watch. Sure enough JPM Morgan disappoints.

 

[Maverick74]

Also the persistent bid in the dollar and bonds is finally weighing on equities.

 

[Maverick74]

Jesus, this NFLX just won't pull back. Already making an A up.

 

[Quon]

We can't seem to get a solid down day. No matter what, confirmed A down, failed a down, people just step in after the European close and buy 'em.

 

[Maverick74]

Quote from Quon:

We can't seem to get a solid down day. No matter what, confirmed A down, failed a down, people just step in after the European close and buy 'em.

I honestly think that because last year was one of the worst years ever for under performance in the fund industry, that these managers are running in to buy every dip.

 

[DerSlutharsch]

Quote from Quon:

We can't seem to get a solid down day. No matter what, confirmed A down, failed a down, people just step in after the European close and buy 'em.

It can change next monday, but so far we are in an uptrend, dips are meant to be bought.

 

[mfbreakout]

Quote from mfbreakout:

01-13-2012 Pre Open. Same breakfast every morning for me (lol).

No trade for me for the day worth mentioning. Only a long of Global research level of 97.84 for some ticks.

I am done for the day.

 

[medicsix]

same here. one trade on a SPY bounce. starting to look for trades that aren't there so I'm done.

 

[Maverick74]

Nice move in CF today.

 

[Maverick74]

AGU nice breakout today too.