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S&P500 - Analysis and Trading

Re: S&P 500

still following the script... so fars anyways..

Cheers
.............Kauri
 

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Re: S&P 500

Strange... I guess... butt whenever I spot and trade a rounding top... it very often pulls up when it reaches the ... aahh... I guess, the original starting point??/ anyways... if she follows the past.. the SP is due to bounce??? whatever,my stops are in close... closer than Mei Ling is at the moment.. :kiss: ( I warned you Mei.. :D )..
Cheers
............Kauri
 

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Re: S&P 500

Ooooops

...godnite from me... and good nite fro him
............Kauri
 

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Re: S&P 500

Posthumously calling the gap fill today... buyers everywhere. Pre-empting rates being slashed to zero?

I'll hitch a ride, but if they're playing for keeps, they can have it. :eek:
 
Re: S&P 500

stop running at previous days high now... for want of a better place to place it..

Cheers
..........Kauri
 

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Re: S&P 500

stop running at previous days high now... for want of a better place to place it..

Cheers
..........Kauri

and closed out... now, for the first time for a long whiles, I don't have any short-med term (in my TF) trades on anywheres, and I may leave it that way until next week, just to let all the rumours settle and see if some direction, stability,liquidity, and weekend anns come about.. If confidence can be re-instilled, the buck will firm as the world is still structurally short USD; it is however a very big "IF".

Cheers
..........Kauri
 

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Re: S&P 500

S&P500 getting royally spanked again...new 5 year low...look out below!
 
Not following the script anymore

back in march I suggested the established downer was proportionally following the 2001 bear pattern
well it did for 30 odd weeks but has decided to toss away the script of late.

no longer useful apart from indicating things are a little oversold atm
 

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Re: S&P 500

a rumour that there might be another globally coordinated interest rate cut velly soon. The stock market has been touted as the source of the rumour--which may explain why Dow futures are flat to positive.

Cheers
............Kauri
 
Re: S&P 500

With better-than- expected post-bell earnings from Google/IBM, the buying was extended . Despite mixed markets in Asia and up markets in Europe, Globex futures on U.S. indices were again taken to the cleaners, with Dow futures off over 300 while SPZ tanked by 33.
Who was selling? - not Mr. and Mrs. Rudd blowing out of their retirement account. It was largely the big hedge funds - why - to buy another island? The hedge fund game used to be to buy protection on say Lehman, short the shares, short SPZ and then shovel rumors to pit brokers soon to make a triple bundle. Now that gig is over, it seems the hedge fund bears are buying out-of-the-money calls on the VIX (big volume in 90 and 100 strikes) and then sell the heck out of SPZ, etc. - volumes have been huge and today is option expiration - bingo, ring the register. With option expiration today, the Lehman CDS settlement next Tuesday, and VIX option expiration Wednesday, there will be no shortage of volatility ... surprisingly..

Cheers
...........Kauri
 
Re: S&P 500

Today Buffett has said that he has begun to buy US equities in his personal account after holding nothing more than US government bonds in that account. Buffett goes on to say that "if prices keep looking attractive, my non-Berkshire net worth will soon be 100 percent in United States equities." While Buffett warns that he can not predict short term movements in equities, he says that his decision to buy stocks at the present has been dictated by one major rule that says "be fearful when others are greedy and be greedy when others are fearful."

Cheers
.............Kauri
 
Re: S&P 500

Today Buffett has said that he has begun to buy US equities in his personal account...

...dictated by one major rule that says "be fearful when others are greedy and be greedy when others are fearful."

Cheers
.............Kauri

I like that saying! :D

...and I think you're pretty right about the hedge funds. These wild shenanigans can't go on for too much longer surely, before it pisses off the law makers to ban/tighten/??? something else.
 
Re: S&P 500

Yeh, for the first time in some time, some of these commodity equities are starting to look mightily undervalued!

Mr Buffett and his looking for a rally (at least over the next month or two), sounds about right to me at the moment!
 
Re: S&P 500

in Wednesday's carnage NDZ almost hit the bottom seen last Friday, while the financials heavy SPZ did not even come close. That action suggests that hedge funds have been in complete purge mode - indeed Citadel's largest hedge fund, Kensington Global Strategies Fund, is down more than 30% this year. These are glaring examples of forced selling and thus what bottoms are made of - perhaps any purchases of SPZ or NDZ here, will yield significant gains well before year end. ;)

a bottom, med term??, is in for mine, time to start looking at selective undervalued stocks that have been unfairly punished by the past few weeks shennanigans and whose fortunes are not too closely linked to the coming/existing slowdown... the writing is on the wall... unless it was one of those plurry graffitti artists again... ;)

cheers
...........Kauri
 
Re: S&P 500

Decision time again? Which way does she break?
 

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Re: S&P 500

Will the MASS of trapped shorts start getting out... or will they wait for Uncle Ben?? either way I guess they will sell yesterdays bolter... methinks a med-term bottom may be in place... possibly a good opportunity approaching around the bend??
Incidentally, has anyone noticed the biggest short squeeze ever.. in VW... may break a few wedged hedgies apparently... (unless of course they quaffify for a bailout )....

Cheers
.............Kauri
 

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Re: S&P 500

Todays pattern is a very popular complex pattern known for its ability to meet its target once the pattern comes into play...can you guess the name of the pattern?:D

Think Dandruff.....:p:

Cheers,


CanOz
 

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