SS GRMN .06, risky, but I'll try it.(JMHO) (eom)

what's happening now is they are willing to forgive bad data since they feel another rate cut is in the making. market shouldn't go down until they get the impression rate cut is off. (JMHO) CHUBBIE

i think you're right, we will be headed in to the 6 days of strentgh now. (jmho) CHUBBIE

i hear ya, if this doesn't change, i'll just wait for the setup for the employment report before i trade.

thank you. eom

cuz of softy??? (eom)

why the qid gapdown? (eom)

banks airlines weak at open, Uncle Buck treading water, but I don't know what will happen to him after tomorrow's data and the builders reports. (JMHO) CHUBBIE

will Uncle Buck survive tomorrow? (eom)

Then they'll say we need another rate cut, but in a couple dys we'll get a high chain deflator. WTF????

http://www.bloomberg.com/apps/news?pid=20601087&sid=a9sGvLAsRZFc&refer=home

everybody loves this one, but the ascending wedge and all the divergences make it look like a rollover candidate to me;
http://stockcharts.com/h-sc/ui?s=GRMN&p=D&b=3&g=0&id=p71939725903

http://stockcharts.com/h-sc/ui?s=APOL&p=D&b=3&g=0&id=p35534082256

sylv, in the article they gave the following bloomberg link, note that all the talking heads on CNBC saying the commercial paper market is on its their feet again;
http://www.bloomberg.com/apps/news?pid=20601087&sid=a3LypU5Fk7eY&refer=home

It doesn't go much into the credentials of Das, but he is probably the foremost expert in the derivatives market.

inetresting article;
http://articles.moneycentral.msn.com/Investing/SuperModels/AreWeHeadedForAnEpicBearMarket.aspx

on this chart, the money flow (20) is almost in the red for
Christ's sakes,
http://stockcharts.com/h-sc/ui?s=QQQQ&p=D&b=5&g=0&id=p13041297840

http://stockcharts.com/h-sc/ui?s=QQQQ&p=D&b=5&g=0&id=p80440860542

something's wrong really wrong. (eom)

I don't know about you guys, but some of the charts I've been reading don't make any sense. The technicals and the price are bassackwards. Maybe because of the gaps up and no volume, but something just doesn't look right to me.I think we go back down fast next week. (JMHO) CHUBBIE

got PG short ealier at.78, looks like a good short setting up. Since wall street isn't buying this rally I think we go down nwxt week. Going to try and find some time this weekend for setups, buy triggers and short sale triggers.(JMHO) CHUBBIE

good find. (eom)

q's only 75 million in volume, pathetic. (eom)

DIA, isn't even going to make 50% of its normal volume, the only volume the market had all day was during the first half hour during the opex settlements. (eom)

still no volume, they could try and take it to 14k today maybe.

covered utx 1.25 loss. (eom)

yeah, id do see the bull flag. (eom)

gap 'n crap(eom)

Thats definitely one thing we have to be careful of. Now that it is becoming apparent Gentle Ben's master plan with the 50 point reduction has backfired, foreigners might look to dump US denominated assets. You will be able to tell, the volume will be not like the garbage we have been seeing lately. (JMHO) CHUBBIE

http://www.bloomberg.com/apps/news?pid=20601087&sid=a648Eu6T7GhM&refer=home

Uncle Al and Gentle Ben should have listened to the canary. Sooner or later wall street is going to break America's back. They already want another cut next month. I still think this banking problem is far from being resolved. (JMHO) CHUBBIE

good article. (eom)

I agree aj,the only way it breaks 78 is if something disastrous happens. (JMHO) CHUBBIE

http://www.bloomberg.com/apps/news?pid=20601087&sid=airyJymws9kE&refer=home

yep, cuz $usd is tanking. saud Arabia rumour partly to blame, a lot of discontent in foreign markets.dollar is so weak SPX has to have a 11%(or better) up year or you actually lose money. You could have picvked any other market in the world and made better money than this one. Capital flight is now an issue. (JMHO) CHUBBIE

GS, BSC, sell the news. (EOM)

$tnx flying ,Uncle Buck in a hurt locker, and gold flying, all after a 50 point rate cut and this will be the third low volume day in a row. Something is rotten in the state of Denmark. (JMHO) CHUBBIE

watch uncle buck and keep in mind that article I posted about how that low dollar is affecting foreign markets.

no, the lowering fo the federal funds rate will not effect sub primes.. I belive that is what you mean by "fancy". Good luck, Chubbie

going to watch the $TNX again, see how it has another big gap up? Does it hold do they fade it like yesterday? Uncle Buck is getting killed and this market is acting kind of weird. (JMHO) CHUBBIE