tag:blogger.com,1999:blog-12333088.post1976917027868332679..comments2023-11-10T05:07:19.026-05:00Comments on Carl Futia: UpdateCarl Futiahttp://www.blogger.com/profile/01624989905417650273noreply@blogger.comBlogger14125tag:blogger.com,1999:blog-12333088.post-37817163946950460942010-01-26T23:48:14.857-05:002010-01-26T23:48:14.857-05:00if i had to guess, i think we see a 20-30 pt rally...if i had to guess, i think we see a 20-30 pt rally begin tomorrow from 1075-1080 and then a drop to 1145-1150ish, which would end next friday on payroll dataGeorge Rahalhttps://www.blogger.com/profile/02498325227481537656noreply@blogger.comtag:blogger.com,1999:blog-12333088.post-21763034306910489682010-01-26T20:11:35.588-05:002010-01-26T20:11:35.588-05:00Carl,
The elephant in the room is the Fed statemen...Carl,<br />The elephant in the room is the Fed statement tomorrow. If the Fed repeats that it will remove liquidity, or toughens its language, the dollar will rise to $80 very fast. On the other hand, if the fed is accommodative, we will have seen the end of the equities correction.Winhttps://www.blogger.com/profile/04040943114916173740noreply@blogger.comtag:blogger.com,1999:blog-12333088.post-62890428758974746002010-01-26T16:37:10.396-05:002010-01-26T16:37:10.396-05:00Carl, over the last few days you have been uncann...Carl, over the last few days you have been uncannily accurate in your forecasting. <br /><br />Very impressiveUnknownhttps://www.blogger.com/profile/03164900721163009042noreply@blogger.comtag:blogger.com,1999:blog-12333088.post-75354636800691803572010-01-26T16:35:14.695-05:002010-01-26T16:35:14.695-05:00Carl, you so damn good today. Prescient call.
But...Carl, you so damn good today. Prescient call.<br /><br />But you did not trade?Shawnhttps://www.blogger.com/profile/08155630920582744324noreply@blogger.comtag:blogger.com,1999:blog-12333088.post-49786124537123190382010-01-26T16:33:04.057-05:002010-01-26T16:33:04.057-05:00Carl,
That was a great call!Carl,<br /><br />That was a great call!Aarpennhttps://www.blogger.com/profile/11740974500255620726noreply@blogger.comtag:blogger.com,1999:blog-12333088.post-56663316456818294002010-01-26T16:25:15.868-05:002010-01-26T16:25:15.868-05:00curt, there is no gain without pain. I have had my...curt, there is no gain without pain. I have had my share of the pain in the past. But now, it is has been, relatively speaking, more fun.<br /><br />What we do as traders is far more important than what the market does. As traders, we always have many options. The question is, "Do we chose the right option?"<br /><br />Carl gives a very good perpective for viewing the market.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-12333088.post-9003033695691449362010-01-26T16:17:51.230-05:002010-01-26T16:17:51.230-05:00NIce read Carl!NIce read Carl!TimChttps://www.blogger.com/profile/14813458476750232327noreply@blogger.comtag:blogger.com,1999:blog-12333088.post-78871395484386277752010-01-26T15:54:48.970-05:002010-01-26T15:54:48.970-05:00Jack up in the morning, sell-off in the afternoon,...Jack up in the morning, sell-off in the afternoon, spells typical bear market behavior.<br /><br />Time will tell whether the rally from March 2009 was a FED fed bear market rally or a new bull market.<br /><br />Carl, most probably, it was a bear market rally.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-12333088.post-29856111505279641562010-01-26T15:38:06.130-05:002010-01-26T15:38:06.130-05:00LOL to Kishore. Of course Carl was right about to...LOL to Kishore. Of course Carl was right about today while I was wrong.Teichhttps://www.blogger.com/profile/08047779768753305475noreply@blogger.comtag:blogger.com,1999:blog-12333088.post-46282204591757286212010-01-26T15:31:22.707-05:002010-01-26T15:31:22.707-05:00kishore...i feel ur pain!!kishore...i feel ur pain!!curthttps://www.blogger.com/profile/09514551447305140010noreply@blogger.comtag:blogger.com,1999:blog-12333088.post-998664747515208812010-01-26T15:07:18.896-05:002010-01-26T15:07:18.896-05:00When will the market drop?
As soon as I cover my ...When will the market drop?<br /><br />As soon as I cover my short!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-12333088.post-23465752559217100942010-01-26T14:02:49.386-05:002010-01-26T14:02:49.386-05:00If we break ES 1100, the buy stops there will do t...If we break ES 1100, the buy stops there will do the buying.<br /><br />Look at QQQQ; it is already trading above the consolidation zone established back in Nov & Dec 2009. The 3-day reversal candle pattern also looks convincing.Teichhttps://www.blogger.com/profile/08047779768753305475noreply@blogger.comtag:blogger.com,1999:blog-12333088.post-8039845932803595212010-01-26T13:57:28.216-05:002010-01-26T13:57:28.216-05:00Overnight low for ES was 1081. We have moved up al...Overnight low for ES was 1081. We have moved up almost 20 points from the low. We are currently trading close to the top of today's range.<br /><br />Yesterday, there was a sell-off after 3:00 pm EST.<br /><br />What shall today afternoon bring?<br /><br />I doubt there will more upside. Bull case - sideways. Bear case- Big Sell Off.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-12333088.post-28390834817408232062010-01-26T13:25:32.569-05:002010-01-26T13:25:32.569-05:00Not sure the big break will start today, as we had...Not sure the big break will start today, as we had a high-volume (~300k contracts) wide-ranging up candle in 30-min ES at 10 AM EST that brought ES to the 1095-1096 area.Teichhttps://www.blogger.com/profile/08047779768753305475noreply@blogger.com