Wednesday’s Trading – 11/4/09

On Larry Kudlow’s CNBC show Tuesday night, Steve Leisman reported that high government officials said that they are content with the dollar’s “orderly” decline. So, it looks like The Fly just got the punch-in-the-face that he requested.

115 Responses to “Wednesday’s Trading – 11/4/09”

  1. Julie says:

    Mitch,
    Adam usually posts his record. It has been
    awhile since I looked at it. I think that if
    you have a day job,
    you need to look into his auto-trade.
    You can track him for a month free…just
    make sure you cancel before the month is
    up.

  2. Julie says:

    K,
    Almost a perfect gravestone candlestick on
    the SPX daily chart today.

  3. K says:

    Julie,
    Now I’m going for the dump. would that help? then you can manage my account for a week :D

  4. Julie says:

    K,
    A dump would be nice…and then I can
    get back to my account full time.

  5. K says:

    Julie,
    Yes almost. 50EMA is at 1046.92 and it closed at 1046.50
    Thats even more bearish because it wasn’t support today but actually resistance. so we have the 20EMA that knocks it down and then the 50 slides right over it at the close. Very bearish

  6. K says:

    The weekly 10EMA is at 1044.58 so that’s still support. if we close the week below that then it would be something.

  7. Randall says:

    Great Oil Drum article Yerk, nice graphs, Stoneleigh and Prechter seem to have alot in common.

  8. Julie says:

    K,
    I’m turning in.
    Hope you get plenty of sleep tonight
    …make a ton…brinks is standing by.

  9. K says:

    Night Julie,
    It will be an amazing end of week thats for sure :D I want 0.5% of your account value when you make a ton on -30 pt move coming up

  10. K says:

    RWR deals primarily with commercial real estate.
    I hate that it’s barely tradeable in the options world lol I needed a put on it.

  11. Randall says:

    Great dollar chart K, comments courtesy of I think Daneric, lightning may soon strike again for Prechter…

    Prechter interview today with Maria:

    http://www.cnbc.com/id/15840232?video=1319011626&play=1