tag:blogger.com,1999:blog-12333088.post8889613193130480037..comments2023-11-10T05:07:19.026-05:00Comments on Carl Futia: Correction over!Carl Futiahttp://www.blogger.com/profile/01624989905417650273noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-12333088.post-82887875148297086212009-06-09T08:10:36.734-04:002009-06-09T08:10:36.734-04:00higher yields and the S&P 500:
http://clearst...higher yields and the S&P 500:<br /><br />http://clearstation.etrade.com/cgi-bin/bbs?post_id=9059865pursuitisthttps://www.blogger.com/profile/12295890175859740828noreply@blogger.comtag:blogger.com,1999:blog-12333088.post-74500758906685816482009-06-08T23:30:17.194-04:002009-06-08T23:30:17.194-04:00They will keep the market up until they're don...They will keep the market up until they're done with their secondary offerings.<br /><br />http://www.theundergroundinvestor.com/2009/06/tel...<br /><br />Seem to be doing it through JPM<br /><br />http://www.theundergroundinvestor.com/2009/06/tel...<br /><br />Although UBS got in on it today<br /><br />http://zerohedge.blogspot.com/2009/06/intraday-sp...<br /><br />Of course, that 4m+ share UBS buy of SPY at the close was probably just an accident, I'm sure...<br /><br />...And I'm sure there's no collusion or anything either, not like these guys talk to each other or anything...<br /><br />Either way, I would make sure you have stops in. When they drop the hammer it will probably be abrupt.Dave Narbyhttps://www.blogger.com/profile/10773693145577366704noreply@blogger.comtag:blogger.com,1999:blog-12333088.post-64445982238604245462009-06-08T18:06:18.613-04:002009-06-08T18:06:18.613-04:00According to this chart we also got rejection of 9...According to this chart we also got rejection of 950 on Friday with about the same volume. How do you conclude that we now go to 960 and above on just one hour's worth of action today.billcollectorhttps://www.blogger.com/profile/06768703606684024274noreply@blogger.comtag:blogger.com,1999:blog-12333088.post-50989040841234091592009-06-08T16:48:37.584-04:002009-06-08T16:48:37.584-04:00Hi Carl,
I think you're right, the selling is...Hi Carl,<br /><br />I think you're right, the selling is complete. The 922ish level mentioned the other day held very nicely today, we should now move to higher levels.<br /><br />Thanks.<br /><br />Kindest regards,<br /><br />PMPMhttps://www.blogger.com/profile/00075052726630126469noreply@blogger.comtag:blogger.com,1999:blog-12333088.post-59944825729778858472009-06-08T16:28:53.620-04:002009-06-08T16:28:53.620-04:00doesn't it mean the market is fixed in some fo...doesn't it mean the market is fixed in some form....how many days have we had this absurd move near the close....it is like computers are trading the market not humans...I don't question your analysis ..it is the way these trades are painting the tape...for me I will buy dips not breakouts..and i will not be short after 3:00 PMUnknownhttps://www.blogger.com/profile/11602183282254808444noreply@blogger.com