Comments on: Look Out Below http://www.ritholtz.com/blog/2009/08/look-out-below-6/ Macro Perspective on the Capital Markets, Economy, Geopolitics, Technology, and Digital Media Tue, 14 Feb 2012 13:30:51 +0000 hourly 1 http://wordpress.org/?v=3.0.5 By: Fresno-Bankruptcy-Lawfirm.com http://www.ritholtz.com/blog/2009/08/look-out-below-6/comment-page-4/#comment-212798 Fresno-Bankruptcy-Lawfirm.com Mon, 07 Sep 2009 21:00:16 +0000 http://www.ritholtz.com/blog/?p=35661#comment-212798 [...] Look Out Below | The Big Picture – “Goldman Sachs, which helped finance the loan, now seems to be distancing itself from Art Capital and reaching out to Leibovitz. “We are deeply troubled by recent developments concerning Annie Leibovitz and Art Capital,” says Goldman ….. Readers Digest plans to file for Bankruptcy.. http://finance.yahoo.com/news/Readers-Digest-plans-to-file-rb-2943457922.html?x=0&sec=topStories&pos=3&asset=&ccode= As they say 2040 will be the last year for any printed content. … [...] [...] Look Out Below | The Big Picture – “Goldman Sachs, which helped finance the loan, now seems to be distancing itself from Art Capital and reaching out to Leibovitz. “We are deeply troubled by recent developments concerning Annie Leibovitz and Art Capital,” says Goldman ….. Readers Digest plans to file for Bankruptcy.. http://finance.yahoo.com/news/Readers-Digest-plans-to-file-rb-2943457922.html?x=0&sec=topStories&pos=3&asset=&ccode= As they say 2040 will be the last year for any printed content. … [...]

]]> By: call me ahab http://www.ritholtz.com/blog/2009/08/look-out-below-6/comment-page-4/#comment-205508 call me ahab Tue, 18 Aug 2009 02:51:09 +0000 http://www.ritholtz.com/blog/?p=35661#comment-205508 cvienne- third person??? okay leftback- by the way- redskins will suck this year by the way- bears look good for the playoffs- cardinals sketchy cvienne-

third person??? okay leftback- by the way-

redskins will suck this year by the way- bears look good for the playoffs- cardinals sketchy

]]> By: cvienne http://www.ritholtz.com/blog/2009/08/look-out-below-6/comment-page-4/#comment-205481 cvienne Tue, 18 Aug 2009 00:56:36 +0000 http://www.ritholtz.com/blog/?p=35661#comment-205481 Trade the tape that you SEE not the one that you WANT... Trade the tape that you SEE not the one that you WANT…

]]> By: cvienne http://www.ritholtz.com/blog/2009/08/look-out-below-6/comment-page-4/#comment-205479 cvienne Tue, 18 Aug 2009 00:55:49 +0000 http://www.ritholtz.com/blog/?p=35661#comment-205479 BTW - What's "disgusting" about that (8:29) post is, if it happens... It sets up a CLOSE on 12/31/09 of between 1052 and 1078... Right in the wheelhouse of the GS call of 1060... Grrr.... BTW –

What’s “disgusting” about that (8:29) post is, if it happens…

It sets up a CLOSE on 12/31/09 of between 1052 and 1078…

Right in the wheelhouse of the GS call of 1060…

Grrr….

]]> By: cvienne http://www.ritholtz.com/blog/2009/08/look-out-below-6/comment-page-4/#comment-205475 cvienne Tue, 18 Aug 2009 00:29:28 +0000 http://www.ritholtz.com/blog/?p=35661#comment-205475 @LB Yeah...I've been noticing a lot of crazy activity in the SPOOS in the AH...Mostly what cvienne believes to be "seek & destroy" initiatives... I count 11 in the last 40 trading days (with today's AH being the most violent)... Reading the tea leaves, the "notional" move tomorrow would be a bounce higher (I'm going to say 997-999 on the SPX, but about 100 on the SPY)...Then...look out below! We might be talking 950 by tomorrow or Wednesday... Andy T...GET ON IT Brah! (Including the AH prints that have been going on)...We just formed a PERFECT equilateral triangle where the point reaches September 21st @ 975.92 on the SPX (the Monday after Sept opex)... The top of the triangle starts at the 1018 high...The bottom starts at the 6/23/09 low and intersects the GAP opening of 7/15...IT'S AN EFFING PERFECT EQUILATERAL...976 is the finishing point on 9/21... cvienne thinks there is some meat on that bone... BTW - cvienne thinks a BREAK of that wedge will undoubtedly occur...to the downside...with the end of the break co-inciding with the tip of the wedge ... For those bubbas not interested in geometry...That's 919-920 on 9/18/09... Now I'm ready for some football! @LB

Yeah…I’ve been noticing a lot of crazy activity in the SPOOS in the AH…Mostly what cvienne believes to be “seek & destroy” initiatives…

I count 11 in the last 40 trading days (with today’s AH being the most violent)…

Reading the tea leaves, the “notional” move tomorrow would be a bounce higher (I’m going to say 997-999 on the SPX, but about 100 on the SPY)…Then…look out below!

We might be talking 950 by tomorrow or Wednesday…

Andy T…GET ON IT Brah!

(Including the AH prints that have been going on)…We just formed a PERFECT equilateral triangle where the point reaches September 21st @ 975.92 on the SPX (the Monday after Sept opex)…

The top of the triangle starts at the 1018 high…The bottom starts at the 6/23/09 low and intersects the GAP opening of 7/15…IT’S AN EFFING PERFECT EQUILATERAL…976 is the finishing point on 9/21…

cvienne thinks there is some meat on that bone…

BTW – cvienne thinks a BREAK of that wedge will undoubtedly occur…to the downside…with the end of the break co-inciding with the tip of the wedge …

For those bubbas not interested in geometry…That’s 919-920 on 9/18/09…

Now I’m ready for some football!

]]> By: leftback http://www.ritholtz.com/blog/2009/08/look-out-below-6/comment-page-4/#comment-205371 leftback Mon, 17 Aug 2009 20:20:50 +0000 http://www.ritholtz.com/blog/?p=35661#comment-205371 LB expects we will see a Turnaround Tuesday, and then would seek to re-engage with the market from the short side, perhaps around SPX 995-1000. We will not be getting involved on the long side here, at least not until we see the 875-910 area, where the 200DMA will be located. We will not fear the cold steel as much as we did in July. It would not be unexpected to see a rally in EUR:JPY, equities and commodities tomorrow. FXE was rallying all day from its morning lows. We would be selling into that rally, as we believe the dollar bulls have the upper hand now. Treasuries will probably see some profit-taking tomorrow, here we are at 1.00% on the 2-year. We will continue to check in with Giles Straightarrow and his quant buddy Gopal Sankaranaramakrishnan, down in the basement at at GS, for up-to-the minute reports direct from the Market Manipulators. LB expects we will see a Turnaround Tuesday, and then would seek to re-engage with the market from the short side, perhaps around SPX 995-1000. We will not be getting involved on the long side here, at least not until we see the 875-910 area, where the 200DMA will be located. We will not fear the cold steel as much as we did in July.

It would not be unexpected to see a rally in EUR:JPY, equities and commodities tomorrow. FXE was rallying all day from its morning lows. We would be selling into that rally, as we believe the dollar bulls have the upper hand now.
Treasuries will probably see some profit-taking tomorrow, here we are at 1.00% on the 2-year.

We will continue to check in with Giles Straightarrow and his quant buddy Gopal Sankaranaramakrishnan, down in the basement at at GS, for up-to-the minute reports direct from the Market Manipulators.

]]> By: manhattanguy http://www.ritholtz.com/blog/2009/08/look-out-below-6/comment-page-4/#comment-205361 manhattanguy Mon, 17 Aug 2009 20:07:45 +0000 http://www.ritholtz.com/blog/?p=35661#comment-205361 Nice solid black candle on S&P. Tomorrow will be either a repeat of today or a doji then followed by a slight recovery and then continue on with major declines. Nice solid black candle on S&P. Tomorrow will be either a repeat of today or a doji then followed by a slight recovery and then continue on with major declines.

]]> By: leftback http://www.ritholtz.com/blog/2009/08/look-out-below-6/comment-page-4/#comment-205360 leftback Mon, 17 Aug 2009 20:06:20 +0000 http://www.ritholtz.com/blog/?p=35661#comment-205360 Phew, what a relief. William Weaselheimer just told me what happened to the last trader who manned the NYSE market simulator in January. Can't tell the details but it involved John Thain, Charlie Gasparino and a commode. If the market didn't close above SPX 975, it would be bye-bye Giles... Wall Street is stressful, I tell you ! Phew, what a relief. William Weaselheimer just told me what happened to the last trader who manned the NYSE market simulator in January. Can’t tell the details but it involved John Thain, Charlie Gasparino and a commode.
If the market didn’t close above SPX 975, it would be bye-bye Giles… Wall Street is stressful, I tell you !

]]> By: Mike in Nola http://www.ritholtz.com/blog/2009/08/look-out-below-6/comment-page-4/#comment-205358 Mike in Nola Mon, 17 Aug 2009 19:57:23 +0000 http://www.ritholtz.com/blog/?p=35661#comment-205358 Such a nice way of putting it :) Such a nice way of putting it :)

]]> By: leftback http://www.ritholtz.com/blog/2009/08/look-out-below-6/comment-page-4/#comment-205356 leftback Mon, 17 Aug 2009 19:56:24 +0000 http://www.ritholtz.com/blog/?p=35661#comment-205356 Giles here, must pump, Mister Blankfein said.. must defend... 975, c'mon boys. Pump !! Giles here, must pump, Mister Blankfein said.. must defend… 975, c’mon boys. Pump !!

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