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


To: Haim R. Branisteanu who wrote (104792)3/5/2014 8:27:57 AM
From: 2MAR$  Read Replies (1) | Respond to of 218534
 
Have rarely seen so much gleeful wholsale marketwide manipulation Haim, its usually the case they'll kite things up twice during earnings so as to get two opps to step off at the very tops, (which is standard max greed) now they're getting 3rd opp here.

Not to say that the first double top correction didn't come in for a some great shorts, usually that comes right after AAPL earnings little over midway thru, and came it did. But then they reloaded & bounced off what was the 200ma on the 60min charts exactly for this 3rd rise back up. The homebuilders all came in with great back logs & sales, even more reason for them to trust this push, 80k hirings this spring at Home Depot but from here the question starts to pop of how much more upside again?

Daily $5-$10-$20 moves on stocks, this has been simply a free-for-all, all-you-can-eat smorgesborg
now my instincts say down from here once again, though they can still bounce the XLF back up all the way & tag 190.






To: Haim R. Branisteanu who wrote (104792)3/5/2014 8:52:22 AM
From: Fiscally Conservative  Read Replies (1) | Respond to of 218534
 
How about that Russell 2000 Index yesterday. Up almost 3%, 2.75 to be exact.
Has this Index ever capped such a gain in a single day ? I would think not.
Market manipulation knows no bounds in this market. Rational thought is completely absent.
Simply insane, imo.