Slope of Hope with Tim Knight |
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Posted: 15 May 2009 01:39 PM PDT Well, at least the bulls kept their successful weeks to the single digits! The tenth week, and the spell is finally broken. Here are daily candlesticks of the /ES. If we can break this week's lows next week, I think we've got a clear path to 835. OK, off to the birthday party! |
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Posted: 15 May 2009 12:20 PM PDT I might - might - have a chance to do one scrawny post after the close, but more likely I'm going to disappear the rest of the day as my son's birthday celebration is this afternoon. We're going to be playing Laser Quest, and I shall be occupying myself with fantasies of being Jack Bauer in direct conflict with a conflagration of 8-year old terrorists.
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Posted: 15 May 2009 10:31 AM PDT |
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Posted: 15 May 2009 10:03 AM PDT I saw the above on the newsstand. Proof that life continues to be stranger than fiction. |
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Posted: 15 May 2009 08:52 AM PDT The weakest of my positions today are actually commodities-oriented, such as DBB, XME, and DBC. Those are, in fact, my top three dollar losers today out of 185 positions. Overall, as of this writing, I am down $200. That's something like 0.0001%. Ridiculous. Anyway, one interesting graph (which is my best dollar gainer today) is ERY, which I think has a pretty clear shot to $30. |
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Posted: 15 May 2009 08:07 AM PDT 897/879 seems to be the box in which /ES is struggling to escape. Energy (OIH in particular) is surprisingly weak.
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Posted: 15 May 2009 06:51 AM PDT Good morning, everyone. I got off to a late start this morning (6:25, as opposed to my preferred 5:25), but here are a few charts to consider as I try to get my act together for the day. |
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