http://www.chartsandcoffee.com/2009/11/initial-jobless-claims-and-walmart/ Coffee, Charts and Technical Analysis Fri, 12 Mar 2010 01:59:22 +0000 http://wordpress.org/?v=2.9.2 hourly 1 http://www.chartsandcoffee.com/2009/11/initial-jobless-claims-and-walmart/comment-page-1/#comment-1047 chartsandcoffee Thu, 12 Nov 2009 22:38:39 +0000 http://www.chartsandcoffee.com/2009/11/initial-jobless-claims-and-walmart/#comment-1047 Osprey, glad you are back. I agree with your analysis. Osprey, glad you are back. I agree with your analysis.

]]> http://www.chartsandcoffee.com/2009/11/initial-jobless-claims-and-walmart/comment-page-1/#comment-1046 OspreyFlyer Thu, 12 Nov 2009 21:22:18 +0000 http://www.chartsandcoffee.com/2009/11/initial-jobless-claims-and-walmart/#comment-1046 Hi, haven't posted in awhile. Mostly sitting on sidelines watching the show. I have closed longs over the weeks in $AAPL & $GS. Still long $EWA $EWZ $CRM, but might get stopped out soon, lol. Here's my take on the market: The USD is already being defended, so I don't see a continuing downward spiral for USD, at least for now. USA (Fed's Bernanke & Treasury's Geithner) don't have to "do" anything. Russia, Thailand, South Korea, Phillipines, probably others are protecting their interests by supporting USD (WSJ reported this 11-12-09). It appears to me USD decline will be slowed or stopped, and assuming equities don't decouple from USD, the equities bull market will slow down and perhaps stop, for the short term at least, imho. My best guess is equities will trade sideways for some time to come, I think the big equities run up is over for awhile. Regardless, I'm mostly out of the market. Good luck to all :) Hi, haven't posted in awhile. Mostly sitting on sidelines watching the show. I have closed longs over the weeks in $AAPL & $GS. Still long $EWA $EWZ $CRM, but might get stopped out soon, lol. Here's my take on the market: The USD is already being defended, so I don't see a continuing downward spiral for USD, at least for now. USA (Fed's Bernanke & Treasury's Geithner) don't have to “do” anything. Russia, Thailand, South Korea, Phillipines, probably others are protecting their interests by supporting USD (WSJ reported this 11-12-09). It appears to me USD decline will be slowed or stopped, and assuming equities don't decouple from USD, the equities bull market will slow down and perhaps stop, for the short term at least, imho. My best guess is equities will trade sideways for some time to come, I think the big equities run up is over for awhile. Regardless, I'm mostly out of the market. Good luck to all

]]> http://www.chartsandcoffee.com/2009/11/initial-jobless-claims-and-walmart/comment-page-1/#comment-1049 chartsandcoffee Thu, 12 Nov 2009 20:05:15 +0000 http://www.chartsandcoffee.com/2009/11/initial-jobless-claims-and-walmart/#comment-1049 Well, I think there will be a consolidation at $22 and perhaps even a bounce that causes the market to pullback. However, long term the dollar has been in decline for a while so I think the odds are that it eventually plows through that support level. Well, I think there will be a consolidation at $22 and perhaps even a bounce that causes the market to pullback. However, long term the dollar has been in decline for a while so I think the odds are that it eventually plows through that support level.

]]> http://www.chartsandcoffee.com/2009/11/initial-jobless-claims-and-walmart/comment-page-1/#comment-1048 cliffynator Thu, 12 Nov 2009 18:30:55 +0000 http://www.chartsandcoffee.com/2009/11/initial-jobless-claims-and-walmart/#comment-1048 What do you think about UUP at 22.62 right now in pre-mkt? Also, you're pretty solid on it forming base around 22, then?<br>I feel that we might bottom around 22, simply as a contrarian to all the noise on the Dollar dropping further. What do you think about UUP at 22.62 right now in pre-mkt? Also, you're pretty solid on it forming base around 22, then?
I feel that we might bottom around 22, simply as a contrarian to all the noise on the Dollar dropping further.

]]> http://www.chartsandcoffee.com/2009/11/initial-jobless-claims-and-walmart/comment-page-1/#comment-327 chartsandcoffee Thu, 12 Nov 2009 16:38:39 +0000 http://www.chartsandcoffee.com/2009/11/initial-jobless-claims-and-walmart/#comment-327 Osprey, glad you are back. I agree with your analysis. Osprey, glad you are back. I agree with your analysis.

]]> http://www.chartsandcoffee.com/2009/11/initial-jobless-claims-and-walmart/comment-page-1/#comment-316 OspreyFlyer Thu, 12 Nov 2009 15:22:18 +0000 http://www.chartsandcoffee.com/2009/11/initial-jobless-claims-and-walmart/#comment-316 Hi, haven't posted in awhile. Mostly sitting on sidelines watching the show. I have closed longs over the weeks in $AAPL & $GS. Still long $EWA $EWZ $CRM, but might get stopped out soon, lol. Here's my take on the market: The USD is already being defended, so I don't see a continuing downward spiral for USD, at least for now. USA (Fed's Bernanke & Treasury's Geithner) don't have to "do" anything. Russia, Thailand, South Korea, Phillipines, probably others are protecting their interests by supporting USD (WSJ reported this 11-12-09). It appears to me USD decline will be slowed or stopped, and assuming equities don't decouple from USD, the equities bull market will slow down and perhaps stop, for the short term at least, imho. My best guess is equities will trade sideways for some time to come, I think the big equities run up is over for awhile. Regardless, I'm mostly out of the market. Good luck to all :) Hi, haven't posted in awhile. Mostly sitting on sidelines watching the show. I have closed longs over the weeks in $AAPL & $GS. Still long $EWA $EWZ $CRM, but might get stopped out soon, lol. Here's my take on the market: The USD is already being defended, so I don't see a continuing downward spiral for USD, at least for now. USA (Fed's Bernanke & Treasury's Geithner) don't have to “do” anything. Russia, Thailand, South Korea, Phillipines, probably others are protecting their interests by supporting USD (WSJ reported this 11-12-09). It appears to me USD decline will be slowed or stopped, and assuming equities don't decouple from USD, the equities bull market will slow down and perhaps stop, for the short term at least, imho. My best guess is equities will trade sideways for some time to come, I think the big equities run up is over for awhile. Regardless, I'm mostly out of the market. Good luck to all

]]> http://www.chartsandcoffee.com/2009/11/initial-jobless-claims-and-walmart/comment-page-1/#comment-315 OspreyFlyer Thu, 12 Nov 2009 14:22:18 +0000 http://www.chartsandcoffee.com/2009/11/initial-jobless-claims-and-walmart/#comment-315 Hi, haven't posted in awhile. Mostly sitting on sidelines watching the show. I have closed longs over the weeks in $AAPL & $GS. Still long $EWA $EWZ $CRM, but might get stopped out soon, lol. Here's my take on the market: The USD is already being defended, so I don't see a continuing downward spiral for USD, at least for now. USA (Fed's Bernanke & Treasury's Geithner) don't have to "do" anything. Russia, Thailand, South Korea, Phillipines, probably others are protecting their interests by supporting USD (WSJ reported this 11-12-09). It appears to me USD decline will be slowed or stopped, and assuming equities don't decouple from USD, the equities bull market will slow down and perhaps stop, for the short term at least, imho. My best guess is equities will trade sideways for some time to come, I think the big equities run up is over for awhile. Regardless, I'm mostly out of the market. Good luck to all :) Hi, haven't posted in awhile. Mostly sitting on sidelines watching the show. I have closed longs over the weeks in $AAPL & $GS. Still long $EWA $EWZ $CRM, but might get stopped out soon, lol. Here's my take on the market: The USD is already being defended, so I don't see a continuing downward spiral for USD, at least for now. USA (Fed's Bernanke & Treasury's Geithner) don't have to “do” anything. Russia, Thailand, South Korea, Phillipines, probably others are protecting their interests by supporting USD (WSJ reported this 11-12-09). It appears to me USD decline will be slowed or stopped, and assuming equities don't decouple from USD, the equities bull market will slow down and perhaps stop, for the short term at least, imho. My best guess is equities will trade sideways for some time to come, I think the big equities run up is over for awhile. Regardless, I'm mostly out of the market. Good luck to all

]]> http://www.chartsandcoffee.com/2009/11/initial-jobless-claims-and-walmart/comment-page-1/#comment-313 chartsandcoffee Thu, 12 Nov 2009 13:05:15 +0000 http://www.chartsandcoffee.com/2009/11/initial-jobless-claims-and-walmart/#comment-313 Well, I think there will be a consolidation at $22 and perhaps even a bounce that causes the market to pullback. However, long term the dollar has been in decline for a while so I think the odds are that it eventually plows through that support level. Well, I think there will be a consolidation at $22 and perhaps even a bounce that causes the market to pullback. However, long term the dollar has been in decline for a while so I think the odds are that it eventually plows through that support level.

]]> http://www.chartsandcoffee.com/2009/11/initial-jobless-claims-and-walmart/comment-page-1/#comment-312 cliffynator Thu, 12 Nov 2009 11:30:55 +0000 http://www.chartsandcoffee.com/2009/11/initial-jobless-claims-and-walmart/#comment-312 What do you think about UUP at 22.62 right now in pre-mkt? Also, you're pretty solid on it forming base around 22, then?<br>I feel that we might bottom around 22, simply as a contrarian to all the noise on the Dollar dropping further. What do you think about UUP at 22.62 right now in pre-mkt? Also, you're pretty solid on it forming base around 22, then?
I feel that we might bottom around 22, simply as a contrarian to all the noise on the Dollar dropping further.

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