tsptalk's Market Talk

[BooDog]

Bounce continues from yesterdays lows? Thinking it may be worth the risk. Adding to I and C. FYI, TSP users need to answer a set of security questions so make sure you plan ahead to allow a couple minutes to answer them. Can't do anything till you do.

[tsptalk]

Big night in Japan- with 1:20 left in their trading day.

[tsptalk]

The Transports are taking a little intraday pause at the moment, but technically it broke to some important levels. This is a bear market and failed rallies are common so it must hold above those breakout levels. If so, a move to 7000 would be next.

[k0nkuzh0n]

DOW recaptured the 16000 level, an seemingly significant level since late 2013

[tsptalk]

It's all about oil... which is falling today.

[tsptalk]

Oil up, stocks up. I don't know if anybody else has noticed, but I'm starting to see a pattern here.

[DreamboatAnnie]

Why does the chart say March 16? Are these futures for March 2016?

[nnuut]

I think that's where the current contract ends, I don't know if contract is the right word BUT, it's something like that.

[nnuut]

I think that's where the current contract ends, I don't know if contract is the right word BUT, it's something like that.

Yep, I was right for a change!!
Barchart.com - Futures Prices for Crude Oil WTI

[RealMoneyIssues]

original_48729744.jpg

[BooDog]

targeted wk of 19 May 2014 $IBB support. 234-240 who knows what really happens. February is usually pretty good for bio's so thinking we bounce starting next week though that's a "hope".

[weatherweenie]

Interesting that we're getting this pop, in spite of oil.