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Chevon said last week its resuming some more operations in light of the price recovery
Everything hinges on oil, everything
I was being sarcastic. This run is for the history books, just really fed up with it and ready to capture the down side
How dare you doubt the oil Bull!
And the moment it gets so predictable, bam , Red
Whatever, that just some magical number
2055? U mean for Spy
Get out. Think of it as in risk / reward. How much could it go up vs down.
It's historically overbought, bullish wth
Shorts have been covering, data says so, last beams of light of a dying star, it had its run and its been huge, but no more very soon
Even without the OPEC Rumors??
Need 198 to flush
My bad
Hahaha, I was reading your post like WOW, then oh there it is...good stuff hahah
Is this Sarcasm?
Just because did not work
Hammers at the top are not always bullish
The 50 sma means nothing to SPX, hasn't for years
From where we are in the pattern, the macd and slow sto are saying something, yep clear as day
Oil will be the fuse, banks are the case , SPY the ship. I agree there may be a bit more sideways but not much, we have tapped the top of the doom the is over the SPX. CHINA and Canada signaling more recessive data points. Crude inv data Begins tonight. Fed next week..
Getting killed by wti lol, which pattern from Oct are you referring too?
Ok, just because got it
Just because??
It is certainly becoming that kind of environment, but all the cooler heads I know are laughing while not playing, or daytrading the intraday setups. It is reaching that thermal level, chartwise, and fundamentally insane
Think about it, why would OPEC sacrifice 200 billion just to let the American oil keep pumping? No way in hell,they want our market share, these prices do not let them do that
It's only a short cover rally , trend is set , when it breaks a baby Bear will be born, it will be stopped very soon, these prices let the struggling oil names refinance, thus they keep pumping
Of course
Ohhh yea
Too right
Sure is struggling to move up, using its steam up early
I hear that!!!!!
You cannot buy futures contracts with scottrade
Jobs was today, GDP tomorrow
$GDX lags the gold price, and the gdx is still in its flag currently, when it breaks below its support, it will move red faster then gold
Lol,
Why would feds manipulate gold up??
177 billion is locked up in off shore investments, can not bring it back to USA, 40% tax ....read son
The pits and the market is closed, these are just futures traders in their jammies, lol after market reactions are just dumb money, the big boys wait for all the traders to arrive
Are you sure?