«
»

Thursday’s Trading – 7/15/2010

On Wednesday, the IWM printed an NR7 day. So, how will it be resolved? Roll or ramp? TWM or UWM?

Post to Twitter Tweet This Post

This entry was posted on Thursday, July 15th, 2010 at 4:24 am and is filed under Investing. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

21 Responses to “Thursday’s Trading – 7/15/2010”

  1. Dressguard says:
    July 15, 2010 at 6:17 am

    Thanks Matt for the easy homework assignment: UWM!!!
    :cool:

  2. George says:
    July 15, 2010 at 9:11 am

    Look at the volume pattern on this SPY 30min chart. Is that a hoot, or what? BBs are compressed too.

    http://i27.tinypic.com/w84zm8.jpg

  3. George says:
    July 15, 2010 at 10:10 am

    UYG gap filled from Tuesday. SPY getting there. Tale of the tape for this morning’s session.

  4. George says:
    July 15, 2010 at 10:19 am

    SPY daily gap closed (just barely).

  5. George says:
    July 15, 2010 at 10:29 am

    Here’s MOO/DOO with the gap fill. I’ve changed the MAs to 50/200 for the Golden’s and Death’s: This is a 60min time frame so that may not be as important.

    http://i28.tinypic.com/id55r4.jpg

  6. Mitch says:
    July 15, 2010 at 1:22 pm

    String,

    With great regret, I wouldn’t support a measure of the type you outlined.

  7. Stringm says:
    July 15, 2010 at 1:57 pm

    Mitch

    I will not put you in my grass root campaign, I did have a cabinet post for you, oh well. Does this mean you are happy with the status quo?, or do you prefer another approach to effect change?

    String

  8. 2thfixr says:
    July 15, 2010 at 1:58 pm

    I prefer complete government overthrow, but that is a bit extreme! :-)

  9. Mitch says:
    July 15, 2010 at 2:30 pm

    String,

    I just couldn’t support a net worth threshold to hold public office.

  10. Mitch says:
    July 15, 2010 at 2:52 pm

    String,

    The vote was November 2008. Various leaders were installed through the typical process. We get to grade them upon their completion of the term for their performance. Like a Methodist minister though, one has to move along in 8 no matter the performance. The vision bestowed upon this one must also come with an expiration date. Clocks, calendars, arbitrary limits and proxies all set up by man irrespective of talent or beauty.

  11. George says:
    July 15, 2010 at 3:12 pm

    Senate passes financial reform bill. (Source: CNBC-RT).

  12. 2thfixr says:
    July 15, 2010 at 3:49 pm

    The lobbyists must have gotten their way, ’cause 11 SPX points in 25 minutes is movin’ the market….

  13. George says:
    July 15, 2010 at 3:53 pm

    Short covering just in case that was perceived as good news.

  14. Dressguard says:
    July 15, 2010 at 3:54 pm

    S&P is stealing the round in best UFC style.
    :mrgreen:

  15. George says:
    July 15, 2010 at 3:55 pm

    That was a bounce of SPY off the 200MA.

  16. George says:
    July 15, 2010 at 4:00 pm

    SPY daily dropped down to its 36MA and bounced from there.

  17. George says:
    July 15, 2010 at 4:04 pm

    The gap fill turned out to be the tale of the tape. After it filled, SPY wiggled its way back into positive territory.

    Too many bears around for this market to not go up.

  18. Stringm says:
    July 15, 2010 at 5:27 pm

    Matt

    Have you heard this from somewhere before?

    String

    http://tinyurl.com/27ku5bn

  19. admin says:
    July 15, 2010 at 5:49 pm

    String,

    It sounds like he has been reading my blog.

    Matt

  20. Stringm says:
    July 15, 2010 at 5:56 pm

    Matt

    My thoughts exactly, and let’s put more rich folks in office, then let them go on to be lobbyist, I am sure that will turn things around.

    String

  21. stringm says:
    July 15, 2010 at 7:26 pm

    http://www.opensecrets.org/revolving/