tsptalk's Market Talk

[tsptalk]

Watching 1060 and 1048 for support today on the S&P.

[JTH]

Watching 1060 and 1048 for support today on the S&P.

Just read your weekly commentary, great stuff Tom!!!

[tsptalk]

The weekly wrap up? Thanks!

[tsptalk]

The Transports are strong again today (up about 1%). Good sign.

[mayday]

The Transports are strong again today (up about 1%). Good sign.

Forward looking indicator.

http://stockcharts.com/charts/gallery.html?$tran

[tsptalk]

Another huge day for stocks.

Time to sell, or stay the course?

Will the S&P 500 make a new high, or just complete a right shoulder in an H&S pattern, and move down?

Are investors too bearish or too bullish?

Can the strong Nov/Dec seasonality keep the rally going?

[KevinD]

Dang, I thought YOU knew the answers to all those questions.

[JTH]

Another huge day for stocks.

Time to sell, or stay the course?

Will the S&P 500 make a new high, or just complete a right shoulder in an H&S pattern, and move down?

Are investors too bearish or too bullish?

Can the strong Nov/Dec seasonality keep the rally going?

Spent the day doing nothing at home except sitting on my bottom. Those CNBC folks are Bullish as was everyone they interviewed throughout the day. EVERYONE said we will close higher at the end of the year. Hedge fundies are boarding the "don't miss out" train and ripping out the brakes.

I'm already invested so I could care less. But I am watching the transports and small caps looking for my confirmation.

[tsptalk]

Dang, I thought YOU knew the answers to all those questions.

Oh, I do have the answers. This is a quiz for you. I will mark your papers when you're done. No cheating.

[KevinD]

[tsptalk]

Looks like the old rising wedge is giving a little support again.

[tsptalk]

Beware Monday morning gap openings. This one looks like it will be a big / tough one to fill, but Monday morning gaps can be traps.