Thread: coolhand's Account Talk

Just another day of good news and viola', the market is up!!! WooHoo, gonna make some more $$$

Originally Posted by RealMoneyIssues

Just another day of good news and viola', the market is up!!! WooHoo, gonna make some more $$$

Yep, the news is definitely helping support prices. No doubt about it.

Italy, Spain Cut by Moody’s; U.K. Top Rank at Risk

Italy, Spain Cut by Moody

BOJ Adds Stimulus, Sets 1% Inflation Target

BOJ Adds Stimulus, Sets 1% Inflation Target - Bloomberg

Market Volume Hits Fresh Non-Holiday Decade Lows

Market Volume Hits Fresh Non-Holiday Decade Lows | ZeroHedge

Pentagon working with FAA to open U.S. airspace to combat drones

Pentagon working with FAA to open U.S. airspace to combat drones - latimes.com

Greece must meet all terms to stay in euro zone

Greece must meet all terms to stay in euro zone-Frieden | Reuters

Greece faces death by a thousand cuts unless it leaves the euro

Greece faces death by a thousand cuts unless it leaves the euro - Telegraph

Britain could be stripped of AAA credit rating within a year

Britain could be stripped of AAA credit rating within a year - Telegraph

Greece Fights to Win Aid With Pledges to Counter EU Doubts

Greece Fights to Win Aid With Pledges to Counter EU Doubts - Bloomberg

Europe’s Economy Probably Shrank for First Time Since 2009 on Debt Turmoil

Europe

Paulson Sold His Stakes in Citigroup, Bank of America Ahead of Share Rally

Paulson Sold His Stakes in Citigroup, Bank of America Ahead of Share Rally - Bloomberg

Obama to End 'Dozens' of Business Tax Breaks: Geithner

News Headlines

Greek economy spirals down as EU forces final catharsis

Greek economy spirals down as EU forces final catharsis - Telegraph

I generally avoid talking about this on the board or in my blog, but I've been aware of its impact on the market for some time. Here's a MB thread that's talking about the Fed's POMO actions. I expect volatility as a result of POMO actions.

POMO schedule: big sales are coming up - Traders-Talk.com

BOE’s Bean Says Greek Deal Doesn’t Eliminate Risk of Disorderly Outcomes

BOE

Hollande Win in France Would Rattle Europe: George Magnus

Hollande Win in France Would Rattle Europe: George Magnus - Bloomberg

Everyone Is Freaking Out Over A New Survey That Shows Unemployment Surging Again

Everyone Is Freaking Out Over A New Survey That Shows Unemployment Surging Again

"Marginal Utility" Of Central Bank Intervention Is Rapidly Diminishing

"Marginal Utility" Of Central Bank Intervention Is Rapidly Diminishing | ZeroHedge

Greek Crisis Raises New Fears Over Credit-Default Swaps

Greek Crisis Raises New Fears Over Credit-Default Swaps - NYTimes.com

UN Nuclear Agency Reports Failed Iran Talks

UN Nuclear Agency Reports Failed Iran Talks - ABC News

Greek debt accord hostage to political passions

Greek debt accord hostage to political passions - Telegraph

Battle over EU financial firewall threatens to derail Greek bailout

Battle over EU financial firewall threatens to derail Greek bailout - Telegraph

The lack of positive reaction the "good" news in Greece leads me to believe the YTD rally is over. 10% correction coming.

Originally Posted by lacaprup

The lack of positive reaction the "good" news in Greece leads me to believe the YTD rally is over. 10% correction coming.

Got my sell signal today, so your move may have been quite timely. Good luck!

Originally Posted by coolhand

Got my sell signal today, so your move may have been quite timely. Good luck!

Oooh, another system moves to the sidelines. I'm not feeling so lonesome anymore.

Originally Posted by MrJohnRoss

Oooh, another system moves to the sidelines. I'm not feeling so lonesome anymore.

I'm thinking we may bounce tomorrow, which would be a good thing since the system won't get to the sidelines till COB. But we'll see.

The herd is already largely in cash. It'll be interesting to see how that plays out by the end of the week when I check the tracker stats.

Germany Rejects ‘Ever Bigger’ Firewalls, Schaeuble Says

Germany Rejects ‘Ever Bigger’ Firewalls, Schaeuble Says - Businessweek

Germany Crisis Role in Focus After G-20 Rebuff

Germany Crisis Role in Focus After G-20 Rebuff - Bloomberg

SEC Reviewing U.S. Trading Practices After Shift to Automation

SEC Reviewing U.S. Trading Practices After Shift to Automation - Businessweek

Gas Could Easily Go To $5 And Crush The National Economy

Gas Could Easily Go To $5 And Crush The National Economy

Nanny-State America Is Regulating Its Economy To Death

Nanny-State America Is Regulating Its Economy To Death

Confused By The Market? Here Is What The Smart Money Is Doing

Confused By The Market? Here Is What The Smart Money Is Doing | ZeroHedge

Auto Workers Tap Network for Obama

http://www.nytimes.com/2012/02/25/us...ef=todayspaper

It may well turn out that we are watching not a Greek but a euro tragedy

It may well turn out that we are watching not a Greek but a euro tragedy - Telegraph