Replies to post #58034 on SPDR S&P 500 (SPY)

[learningboutinv]

Yup... Dig is doing well. Sold too early today. Thought it'd back off at $84.

I'll have to try to get back in on a pull back cause it can possibly go all the way back to 98.

Another thing to look at is $NATGAS. I was waiting for $34-$36 on UNG but it may not go that low as UNG has broken out of the downtrend line/bullish falling wedge.



Bullish falling Wedge breakout.

[Footquarters]

Yep,









hold long signal on the hourly. Nice support at 185..... BTW

NObama VP choice:
My guess is that it is Vladimir Putin - a second commie to round out the ticket.

[euterpe1]

Nice Chart FB, thanks.

The weekly doesn't tell me much except that we might chop up an down for a week or so in this 110-115 range, but either way I think oil has made or is making a bottom.

http://stockcharts.com/h-sc/ui?s=$WTIC&p=W&yr=3&mn=0&dy=0&id=p52515876517

Same for Gold. A move to 85 might see some resistance.

http://stockcharts.com/h-sc/ui?s=GLD&p=W&yr=3&mn=0&dy=0&id=p52515876517

So the hot money goes into stocks in the 90's, real estate in the first 5 years of this decade and now...???? Or, is the real estate bust coupled with the soft economy going to cause world wide deflation? If not for the cost of crude, I would say yes, but as energy permeates just about every product and service then that's a hard arguement to make.

[Footquarters]

gold, oih, yen...






all hitting big numbers.... now to see if they hold up... filling the gap on the ramp from yesterday and this morning on the SPX.... 82 in gold is key on the GLD... hold long above..... woo hoo on the black gold and the yellow gold... Jed Clampett kind of day....