Bought Rimm .o7, missed my entry on the financials while I was away, should see a pullback soon to close gap.I think the finacials are cheap. (JMHO) CHUBBIE

Futes up, but the bulls need an upward break of the bear flag on the daily. (JMHO)

Guy's a genius. (eom)

Lat week, the market (as it usually does) pulled back in front of Friday's big number, leaving room for upside, this week will be more challenging for the market to risde, 1039, still the number to watch. (JMHO) CHUBBIE

http://noir.bloomberg.com/apps/news?pid=20601087&sid=aZd0hjkbhMco&pos=1

http://stockcharts.com/def/servlet/SC.pnf?c=$SPX,P&listNum=

still waiting for more downside, but am stalking a long in
the financials (JMHO) http://stockcharts.com/h-sc/ui?s=XLF&p=D&b=5&g=0&id=p85792549247

should see, 1039, then I probably will cover. (JMHO)

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=52417276

Uncle Buck, showing strength, thus the disproportionate weakness in tech. (JMHO) CHUBBIE

look at all the positive divergences, I don't see how its possible anyone could miss them, every indicator has ditinct positive divergences, http://stockcharts.com/h-sc/ui?s=$TNX&p=D&b=5&g=0&id=p79753044467

sounds like you are confusing the relationship of bond prices and interest rates, the relationship is always inverse.

what???? you are saying negative divergences are good?? what source do you cite?

$TNX ready for a bog move up, http://stockcharts.com/h-sc/ui?s=$TNX&p=D&b=5&g=0&id=p59107621957

Bounced off bullish support line, still needs to return to X's,
http://stockcharts.com/def/servlet/SC.pnf?c=$INDU,P&listNum=

1070 held again, but internals are looking worse, wouldn't be surprised if we get a big drop soon. (JMHO)

how does one month's data confirm a new round of MASSIVE layoffs?

looks like another day in this rangebound market,makes daytrading easy, but for position traders it's kind of boring. (JMHO) CHUBBIE

1100 rejected and room for some more downside now. (JMHO)

1070, the key test, held in the last half hour, we'll see. (JMHO)

$TNX telling me tomorrow is very important,oversold ready for a bounce, should be abounce for equitys tomorrow, but if not look for a steep decline. (JMHO) CHUBBIE

http://stockcharts.com/h-sc/ui?s=$TNX&p=D&b=5&g=0&id=p87154009925

daily is oversold, bounce is entirely possible, the important part is that the weekly is already looking rough and the monthly is just begging for a correction. (JMHO) CHUBBIE

http://www.bloomberg.com/news/2010-08-13/-hindenburg-omen-suggests-another-leg-down-in-stocks-technical-analysis.html

Another intersting thing is that GDP less than 2% is usually the line in the sand and thereby a sell signal. we might see downward revisions pretty soon blowing right past that number(right to 1%). Market is oversold and sellers are at more cautious now, we'll see how long that lasts. (JMHO) CHUBBIE

EU might come back in focus, that Italian bond offering was surprisingly weak, Greek debt acting accordingly. (JMHO)

subtract auto and gas, and this mornings number was negative. (JMHO)

tech spending down, no brainer, first like the article says, beacuse of the economy tech spending is sluggish, second, last years tax breaks were so lenient in regarding to cap ex spending, they let just about anything slide, last year was the year for cap ex. The rational was to aid business spending last year until increased demand took over this year. OOPS!! (JMHO) CHUBBIE

http://noir.bloomberg.com/apps/news?pid=20601087&sid=aeUHBT_dpZuo&pos=1

CSCO=Tech wreck. (JMHO)

didn't think it would take long to reject 10,600, spx back in the band, I'll still hold short.I see it as more than likely, we retest 1039. dow maybe 9200-9400. (JMHO) CHUBBIE

http://stockcharts.com/h-sc/ui?s=$TRAN&p=D&b=5&g=0&id=p94305496634

still holding short, once 10,600 is rejected we test 10k again. (JMHO)

Bought DXD, increased my shorts. (JMHO)

WHAAA!! WHAAAAAA!!!! I'm going to take my football
and go home!!!!! http://www.bloomberg.com/news/2010-07-29/senate-republicans-block-small-business-lending-bill-sought-by-democrats.html

what's important to note is that 10600 held on the DOW as heavy resistance set in, if we can not regroup and break 10600 we could be headed for a correction to 9200 or even 8700, but let's see what the market does in the ST first. (JMHO) CHUBBIE

still short, SPX suport at 1090, I think we return to the bullish wedge formation with lower prices likely. The middday upwards breakout of spx 1100 on low volume was skeptical on the EU stress test news. The trend of selling earnings reports seems to have returned.lacking the benefits that the economy receives fromm positive employment reports, the risk is to the downside. (JMHO) CHUBBIE

Incredible demand for the 5 year auction today,
http://stockcharts.com/h-sc/ui?s=$FVX&p=D&b=5&g=0&id=p34259565771

The perpetual bridesmaid, looking weak, divergences emerging, might be ready to roll over again, http://stockcharts.com/h-sc/ui?s=$BKX&p=D&b=5&g=0&id=p84484210662

Gravestone Doji in weak uptrend, http://stockcharts.com/h-sc/ui?s=$TNX&p=D&b=5&g=0&id=p18493769364