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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Box-By-The-Riviera™ who wrote (96219)11/2/2012 9:18:35 PM
From: 2MAR$  Read Replies (1) | Respond to of 219500
 
SPY double top fade was mandatory, when it was trying for the 3rd attempt to 147 was the day they just happened to let GOOG's earnings miss out prematurely ,(human error big-> lol) first thing was fade the SPY after shorting GOOG. Where they thought they were going this am with minor uptick for jobs, with only 38 percent of companies posting revenue above expectations, well below the 62 percent quarterly average since 2002 and the 55 percent average over the past four. This the culprit right here, revs are way off and so is the S&P earnings averages , now paying the price for ramping things up way to far on the QE Infinity card .

That friday they ramped the SPY to 147 top first time, the Boyz sold into that like wild hares in heat, the second time too on the AAPL iP5 release, double top highs were generated everywhere for perfect fades . AAPL is not beating Samsung its now trying to just stay on par now , and one of those double tops just got sold down mercilessly was CRUS that popped to 45 in the a/h the other night and they did a great beat.
But looking forward??

Fading that like no tomorrow , though some peeps haven't caught on that nothing, absolutely nothing is breaking out in this market , except SAM today cause peeps love their beer. (drowning sorrows)