Damn it.. dips are being bought again.

everyday red red only

This market still got good underlying support.

We need a bearish close below 1670 before bears can regain control here.

u got your wish dan....1670 broken...guess it is bear this week

It needs to close below it..otherwise it can be head fake.
Come bears.. show ya power!!! Growl!!!!

wake up wake up! bear bear!

Finally!!! Sp500 is now conquered! 1655!!!

Dow below 50ma (almost 200ma)
Sp500 below 50ma

Only Nasdaq remaining, right on top of 50ma.

Need one more day just like today to push this down.

This post has been edited by danmooncake: Oct 9 2013, 04:15 AM

then we can see 1630 tomorrow.....then bear will attack strongly ahead....

If 1630 tomorrow, then I can tapau... early.

Abalone soup reserved!

Yellen may spoil your abalone show....

Don't say that..lah. Hopefully, she's remains a mystery to the market, then it's all focus on Washington -
continue fighting shows between Obama and Boehner until next week.

Here's my levels for trading:

Ceiling: 1670 (short or sell area)
Floor: 1620 (cover or buy area)

Since I got shorted at around 1690, I got some leg room and I'll continue to hold here.

Bears need to take this down 1620~1630 by Friday or early next Monday.


Anyone noticed that the high flyers got smacked up pretty good yesterday?
FB, TSLA, LKND, P, LVS...

YUM = KFC not doing too good in China.

This post has been edited by danmooncake: Oct 9 2013, 09:21 PM

What time NYSE open? 9.30pm to 4am right?

lucky sold my FB few days ago ^^

wah YUM brand drop a lot ....

earning drops a lot as well.
need a much lower entry price....maybe 50?

Today not your day, Yellen rules.

stocks rebound, i don't like that.

Not worry yet. I'm holding my stop at 1671 or higher.
I think market should sell on her news..

Positive news in the econ-political fronts ...

Draghi of the ecb seen easing liquidity
Denmark banks may face lesser legal requirements
W Buffet : "they (republicans) shd not use Debt Limit as a weapon" (8/10)
US lawmakers will agree on compromise to avoid default
Only needs 5 republicans + full democrats to sign a clean (unconditional) debt limit bill

looking forward ...




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They'll try to regain the strength with anticipation that congress will get into resolution soon
but I'm think they sell off and taper down when no work being done.

Jack Lew (Treasury Sec is testifying..) trying to pursue them to solve the debt limit.

Just one more day before the weekend. I need the bears to stay strong here and hold that line at 1670!