Thanks Bill for the transparency of your trades/thoughts the past couple of days. I have enjoyed and benefited from your notes... especially regarding "When you get emotionally involved, stop trading. Emotions kill." I had to learn that the hard way. Thanks for all you do for us.
That reversal stick didn't print on my 15min or 60min charts. It did print on the daily. With the HTF flashing bids, the 22.28 may not be a good print? Just a guess.
I am becoming more suspicious of opinions, especially from bulge brackets. The eye opener was C recommending shorting the financial sector (don't remember exact date) but the sector went on to run uphill. Use as contrary indicator?
edit: Shorted RCL today (GS opinion didn't play into decision) at $24.94 because gap filled and chart pattern and lack of volume on the bounce.
+1... read articles where docs have treated elderly patients for years and now turn them away... happy they aren't my docs.
I have listened to docs discuss the coming change, watched practices scramble to merge with or be bought by hospitals all with the hope of having steady, reliable income...
Most medical practitioners don't want anything to do with a govt system... and in almost every case it's all about the money... more accurately less money.
Breadth from Friday's close at first glance doesn't look too bad just as the -4pts on SPX, not so from today's opening...
The difference from just a simple up/down screen... breadth goes from 2:1 negative (prior close) to 5:1 negative (today's open) depending on unchanged definition and other filters/criteria.
For a nuclear warhead... they (BP, Govt, ???) will have to drill another well and then place the warhead inside the well. If the well needs to be present for the nuclear option, then a traditional relief well (think Ixtoc) will be a much less risky option... either way we are in for a long summer for another one/two well(s) to be drilled
And... Federal Extended Unemployment benefits have ceased at a time when state governments are being pinched which I believe has to ding discretionary spending
Now at the area highlighted by trader you referred... have the post-it hanging in view. Not trading on the info... just curious if it works this time around.
FINVIZ has become my favorite site and the screener a big aid defining market direction... identify stocks by mktcap, relative volume, growth vs value, and the strength of their moves
What to say thanks to Mr. Cara for the daily/weekly lessons... from April 1, 2010 (I believe) regarding RIMM:
As for me, I like the fundamental corporate metrics of Research In Motion a lot in fact, but, at $74, I don’t like the current share price. I’d be interested in buying this stock down at its January low of $60 or, possibly at the 4Q2009 low of about $55, which may happen if the broad market took a big hit in the quarter starting today.
Bird feathers do the same thing as well as a few EPA approved methods that are much better than the product currently used. Although bird feathers are a little difficult to harvest (I believe chicken feathers work as well).
I am just curious why it's on the list when Spain is another (possibly next) domino in the EU. Kind of like when C came out with the "short financials" call a while back... just trying to peak behind the curtain.
Unfortunately Grym, people will act when they are inconvenienced and their lifestyle threatened and not before that occurs...
Thanks Bill for the transparency of your trades/thoughts the past couple of days. I have enjoyed and benefited from your notes... especially regarding "When you get emotionally involved, stop trading. Emotions kill." I had to learn that the hard way. Thanks for all you do for us.
the close should be a better indicator than the initial response to home sales data regarding the 1040 level
That reversal stick didn't print on my 15min or 60min charts. It did print on the daily. With the HTF flashing bids, the 22.28 may not be a good print? Just a guess.
I am becoming more suspicious of opinions, especially from bulge brackets. The eye opener was C recommending shorting the financial sector (don't remember exact date) but the sector went on to run uphill. Use as contrary indicator?
edit: Shorted RCL today (GS opinion didn't play into decision) at $24.94 because gap filled and chart pattern and lack of volume on the bounce.
weak this morning and it's now clear where they want gold right now...
EDIT: if this was a "flight to safety" shouldn't gold be rising with the dollar...
MoKat,
+1... read articles where docs have treated elderly patients for years and now turn them away... happy they aren't my docs.
I have listened to docs discuss the coming change, watched practices scramble to merge with or be bought by hospitals all with the hope of having steady, reliable income...
Most medical practitioners don't want anything to do with a govt system... and in almost every case it's all about the money... more accurately less money.
Breadth from Friday's close at first glance doesn't look too bad just as the -4pts on SPX, not so from today's opening...
The difference from just a simple up/down screen... breadth goes from 2:1 negative (prior close) to 5:1 negative (today's open) depending on unchanged definition and other filters/criteria.
Have to agree with ...fuego on this one. A specific product catalyst is behind the move imo and will buying on a strong volume breakout
Watch this... nails it...
http://www.youtube.com/watch?v=HA0wPc9TicA
For a nuclear warhead... they (BP, Govt, ???) will have to drill another well and then place the warhead inside the well. If the well needs to be present for the nuclear option, then a traditional relief well (think Ixtoc) will be a much less risky option... either way we are in for a long summer for another one/two well(s) to be drilled
And... Federal Extended Unemployment benefits have ceased at a time when state governments are being pinched which I believe has to ding discretionary spending
Now at the area highlighted by trader you referred... have the post-it hanging in view. Not trading on the info... just curious if it works this time around.
FINVIZ has become my favorite site and the screener a big aid defining market direction... identify stocks by mktcap, relative volume, growth vs value, and the strength of their moves
I am sorry to hear that, although understand your position. I enjoy your comments and opinions as a learning tool.
What to say thanks to Mr. Cara for the daily/weekly lessons... from April 1, 2010 (I believe) regarding RIMM:
As for me, I like the fundamental corporate metrics of Research In Motion a lot in fact, but, at $74, I don’t like the current share price. I’d be interested in buying this stock down at its January low of $60 or, possibly at the 4Q2009 low of about $55, which may happen if the broad market took a big hit in the quarter starting today.
This morning RIMM trading ~$58.
Bird feathers do the same thing as well as a few EPA approved methods that are much better than the product currently used. Although bird feathers are a little difficult to harvest (I believe chicken feathers work as well).
I am just curious why it's on the list when Spain is another (possibly next) domino in the EU. Kind of like when C came out with the "short financials" call a while back... just trying to peak behind the curtain.
Isn't this on the GS Sustain list. Has been hammered since mid April.
consider the agenda of the source on this one...
Have a agree with Bill's comments: "does anybody really think that these two would not be puppets just like Obama?"
Although pleasant and refined... as all politicians