Weekly Poll: QE2! QE2!! QE2!!!

SPY Next Week?

  • Bullish

    Votes: 12 24.0%

  • Flat

    Votes: 8 16.0%

  • Bearish

    Votes: 24 48.0%

  • I don't have an opinion on market direction

    Votes: 4 8.0%

  • I prefer to keep my opinion to myself

    Votes: 2 4.0%
  • Total voters
    50
  • Poll closed .
This market is getting extremely boring and repetitive, prop it up 2 minutes after the open and let it just trade higher by .50%-1% all day long. It doesn't even feel like a real market.
 
OIL
84.18 1.23 +1.48%


By tomorrow $85+

End of the month with the so called cold spell coming to the northeast, should push oil above $90, fun times are here again in the energy market. Cant wait for $3.50 a gallon gas. Bubble ben bernanke too the rescue.
 
darn, keeps moving higher.

probably the secretary who is bringing coffee and donuts to Fed meeting has spilled the beans to his/her heggie friends
SPY 119.70
 
Quote from shortie:

TJ = Smart Money?

i hope USD is not following Elvis's fate...
More...

Good sense of humor! :)

The closest to smart money poor TJ could be is to be their barber. BTW, they do not like hair cuts, but I like to give it to them if I can.
 
Quote from shortie:

darn, keeps moving higher.

probably the secretary who is bringing coffee and donuts to Fed meeting has spilled the beans to his/her heggie friends
SPY 119.70
More...

It is not all donuts. There are also spreads and bagels, with some cheese and grapes.
 
*OIL
__84.72__ +0.82 __+0.98%


I am looking for $90+ to get short.

We might see $90 this week if the dollar continues to collapse.
 
Quote from tradingjournals:

EUR/USD at 1.4045. Time is 12:49PM on election day. Smart money seem to start to show up to buy dollars between here and 0.5% higher. Will stocks feel the effect if the king is back?
More...

somebody has just dumped ton of dollars

UUP 22.21
 
This was my best day trading EUR/USD. I shorted it at 1.4153. Covered in low 1.40s. It took the time to reboot the computer to lock the profits (my system froze, after I did some other trips such as shorting at 1.4138, covering at 1.4085). It it was so good. Thanks Ben. More meetings like this please--- every day, and I will pay the bagels.
 
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