Weekly Poll: August Doldrums?

[KMAX]

The 50 day is toast this morning. Where to next on the SPY?
Next major support around 104.

 

[S2007S]

job numbers coming out, 484k


:eek:

 

[S2007S]

Bulls are weak today, they better show something by the close or else were going to intraday lows. Surprised no one is rushing into buy after all those big money managers are yelling SPX 1250-1300 by the end of 2010

 

[shortie]

Quote from S2007S:

Bulls are weak today, they better show something by the close or else were going to intraday lows. Surprised no one is rushing into buy after all those big money managers are yelling SPX 1250-1300 by the end of 2010

not buying because they are being fired even as i am typing this...

 

[tradingjournals]

My models told me yesterday to expect buying for QQQQs at 44.80 and below. They opened it at 44.50. I covered/hedged all the shorts.

I expect stability to a possible rise from here. Now August Doldrum for real after a possible sharp rally?

 

[S2007S]

Bulls are buying it up.

Get ready for a green close if this keeps up, time to put all bad news aside, especially that great CSCO earnings report and buy, buy, buy.

 

[tradingjournals]

Quote from tradingjournals:

Shortie: What do you think of USD/JPY ? I just bought 25K at 85.25 area. I bought for a quick profit, but the daily is still pressuring it down.

USD/JPY now at 86 area. Offloading here, as this sucker can make some sharp retreats, but it looks as if it wants to go higher. Better I lock my gains, and wish the buyer luck.

 

[tradingjournals]

Quote from S2007S:

Bulls are buying it up.

Get ready for a green close if this keeps up, time to put all bad news aside, especially that great CSCO earnings report and buy, buy, buy.

I never check reports/news/etc. I look only at my models. Should I check reports? When is the next report? You mentioned a weekly jobs report, is it tomorrow (Friday)?

 

[LEAPup]

Quote from Petsamo:

I stay bullish !!

Agreed

 

[S2007S]

Quote from tradingjournals:

I never check reports/news/etc. I look only at my models. Should I check reports? When is the next report? You mentioned a weekly jobs report, is it tomorrow (Friday)?

The job report was this morning.

Tomorrow is filled with much news

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