I already told you the truth

but you guys don’t believe it.

Then you will lost again and will be wrong side of the river again.

today’s data

Stocks started the week higher after China pledged to ease the yuan's peg against the U.S. dollar, a move that was warmly received by the U.S. and other trading partners. China insisted on gradual change and kept the yuan's official exchange rate unchanged, but investors viewed the move as likely to increase the currency's long-term appreciation.
There was no new economic data Monday, but traders looked ahead toward a slew of reports later this week, including home sales, durable orders, and an FOMC rate decision.

 

(tomorrow will show you the good data)

Pig-bull-bear's conference call -- 2010-06-18

No drama, No waterfall, No dragonfly. nothing, only thing is piggie

 

Pig A said:” what need I say?”
Pig B said:” say something, better than nothing  @<@”
Pig A said:” today is good, we are still in bull trend”
Pig B said:” this is not what I want to hear”
Pig A said:” ok, market will be going down!”
Pig B said:” No. I don’t want to hear it NEITHER.”
Pig A said:” yeah, the truth is market prefer to pig and bull. nothing wrong!”
Pig B said:” Everything is wrong! I need sweet three words! ”

…

…

…

Pig A said:”  ok, got it, I will say it ”
Pig B     @?@.

…

Pig A said:”  Dragon Will Fly!”
Pig B     >!<.

--------------------------------------------.

”We won’t attack bears today, today is OE day. wait to next week.”, king said. 
the General said,”yeah, we did watch TV.”
“oh, how’s the score?” king asked.
”it’s Pig day. 0:0, 2:2 and Germany lost”
“Euro have a problem again”, king said.
the General said, “No, it’s soccer game”.

----------------------------------------------.

Bears said: “we are doing good.”
Marshal of Bears said: “Laker won again!”
King of Bears said: “Nice, although I don’t like laker, Celtics is even worse.”
Silly Solider of Bears said: “can we make a celebration?”
“celebration for what? 2 day small green? “

…----------------------------------------------.

Drama market is gone, direction is kind of clear!
Market already goes back to the market which we are familiar with.
Follow the trend, enjoy your trade. 

 

but where is the trend?
Yeah, as we know, table turns to bulls.

Kind of silly, but it’s life

Want to buy dip?

发信人: afang2009 (miggie miggie o i ni), 信区: Stock
标  题: want to buy on dip?
发信站: BBS 未名空间站 (Wed Jun 16 19:37:02 2010, 美东)
please wait to another run.

eehha~!

 

踏空地将再次踏空！  事实每一次都一样。 大MM敲响了上船的钟， 但是大家却认为这是又一个圈套！

 

（  I made tons of errors. but trend is always in my head. bull market is coming. and we are already in the bull market. )

Pig-bull-bear's conference call -- 2010-06-04

drama continue showing.  now it’s 11 days in a box. did box break?
NO! so still we prefer to bull side.

Bears said: “ho, ho, hoo, hohoo, hoohoo, auchi, we won big today”
Marshal of Bears said: “Trend are changed AGAIN? ”
King of Bears said: “yeah, Every animal has his spring! are we animals? of course we are.”
Silly Solider of Bears said: “Am I right once?”

”are we losing control? ”, king said. 
the General said,”yeah, we did lose.”
“oh, are we too Optimistic?” king asked.
”maybe, my king”
“no, just be patient”, king said.

Pig A said:” drama comes again and again. I lost tons of my gains”
Pig B said:” but, i really like drama. ”
Pig A said:” it’s not good to us, since we are in bull side right now”
Pig B said:” but, I like drama, more dramatic more better”
Pig A said:” ok, if you like it, we can do it again and again”
Pig B said:” Really?”
Pig A said:” yeah, but not this week. since weekday is all gone for this week.”
Pig A said:” no matter what, life is going on, lets have a party”
Pig B said:” really, you are so adorable. ”
Pig A said:”  Na~, you are so adorable”
….
All three indices went down almost more than 3%. it’s a if*ck damn drama market. But it’s already goes back to the market which we are familiar with.
Follow the trend, enjoy your trade. 

but where is the trend?
Yeah, as we know, table turns to bulls.

Kind of silly, but it’s life

today's data 2010-06-03 from CNN

http://money.cnn.com/2010/06/03/markets/markets_newyork/index.htm

 

The market advanced Wednesday as energy shares bounced back from the recent drubbing sparked by the BP (BP) oil spill in the Gulf.

But energy shares were mixed Thursday as investors mulled BP's latest efforts to plug the massive oil leak, nearly 7 weeks after its Deepwater Horizon rig exploded. Two ratings agencies downgraded BP, citing the financial impact and hit to its reputation as a result of the explosion.

Jobs market: Reports on the labor market were released before the market open that showed some improvement. However results were shy of economists' expectations.

The number of Americans filing new claims for unemployment fell to 453,000 last week from a revised 463,000 the previous week. Economists expected 455,000 new claims. But continuing claims, a measure of those receiving benefits for a week or more, rose to 4,666,000 versus forecasts for a decline to 4,600,000 from 4,635,000 the previous week.

Payroll services firm ADP said private-sector employers added 55,000 jobs to their payrolls in May after adding 65,000 in April, short of forecasts for a gain of 60,000.

Economy: Another report from the Commerce Department showed that factory orders increased 1.2% in April, short of the forecast for a rise of 1.7%. Orders grew 1.7% in March

The Institute for Supply Management's services sector index for May held steady at 55.4, missing forecasts for a rise to 55.6. However, any reading over 50 still shows expansion in the sector.

In other economic news, retailers reported the ninth straight month of gains in May, with discounters such as Costco (COST, Fortune 500) leading the charge.

Euro: The European currency inched lower versus the dollar after touching a four-year low of $1.2111 on Tuesday.

The dollar rose 0.4% against the yen.

World markets: Markets in Europe rallied. Britain's FTSE 100 gained 1.9%, Germany's DAX gained 1.7% and France's CAC 40 gained 2%.

Asian markets ended higher. Japan's Nikkei rallied 3.2% and Hong Kong's Hang Seng added 1.6%.

Commodities: U.S. light crude oil for July delivery rose 43 cents to $73.29 a barrel on the New York Mercantile Exchange.

COMEX gold for August delivery fell $1.90 to $1,219.60 an ounce.

Bonds: Treasury prices fell, pushing the yield on the 10-year note to 3.39% from 3.34% late Wednesday. Treasury prices and yields move in opposite directions.

Trading volume: Market breadth was narrowly positive. On the New York Stock Exchange, winners beat losers by a slim margin on volume of 500 million shares. On the Nasdaq, advancers topped decliners by seven to six on volume of 1 billion shares.

 

http://money.cnn.com/2010/06/03/markets/markets_newyork/index.htm

(not bad to US stock market at all)

Pig-bull-bear's conference call -- 2010-06-02

 

This is the first conference we hold after May 10, 2010 at which the market topped.

Drama market jumped down and up for NINE trading days in a narrow area 1070-1100. It’s a very strong technology sign which market trying to land here.  1070 is the line which pointed by the “Accident” finger. You know, we posted several posts with “test water”.

Can bears be surfing with the Trend? Could the market go down further? Almost you guys should know bear market is end! At least period bear market is gone. 

so What’s the trend right now?

”what happened today”, king said. 
the General said,”all bulls are scared to death yesterday, but just like last time, Market goes up straight. more than 2.5% gains.”
“ok, let the bears know, don’t short the market, it’s our turn now” king asked.
”Yeah, but I am still so scared, need I sell some shares in this week, my king”
“no, just be clam”, king said.

Bears said: “ho, ho, hoo, hohoo, hoohoo, auchi”
Marshal of Bears said: “Trend are really changed. ”
King of Bears said: “yeah, Every animal has his spring!”
Silly Solider of Bears said: “do we charge?”

Pig A said:” drama came again.”
Pig B said:” Yeah, i like drama. ”
Pig A said:” it’s not good to another investor”
Pig B said:” but, I like drama, more dramatic more better”
Pig A said:” ok, if you like it, we can do it again”
Pig B said:” Really?”
Pig A said:” yeah, but not this week.”
Pig B said:” really, you are so adorable. ”
Pig A said:”  Na~, you are so adorable”
….

All three indices went up more than 2%. it’s a if*ck damn drama market. But it’s already goes back to the market which we are familiar with.

Follow the trend, enjoy your trade.  but where is the trend?
Yeah, as we know, table turns to bulls.

Kind of silly, but it’s life

today’s data 2010-06-02

 

Pending home sales surged 6% in April, surpassing the consensus 4.3% estimate as buyers scrambled to collect their tax credits. Fears remained that home sales would suffer after the expiration of the credit, but the strong gain was taken as an encouraging sign of remaining demand in the housing market.

Car and truck sales data will be released at 2PM ET. Edmunds reported ahead of the data that U.S. auto makers' average incentives spending per vehicle fell 1% as inventory levels dropped and sales rebounded.
Meanwhile, the dollar gained ground after Yukio Hatoyama resigned as Japan's prime minister. The three-month dollar Libor edged higher, but remained short of the 10-month peak it reached last week.

 

(not that good, but also is not that bad")

Second Call: BUY Later

Chart looks bad again.  but we know the bottom is around here. 

The  S&P 500 should bottom around 1040 – 1070 (this is my personal opinion). and I also pretty sure around 1000 is hard to touch in this year.

From economic data and news, everything looks fine. Nothing should we worry about. it’s the key.

 

We can say it’s a buy signal if SP is lower than 1070.

and it will be a strong buy if it’s lower than 1050.

1040 will be , ok, we won’t say 1040, we say 1035 is a ALL IN line.

On other hand, if I am chart reader, or TA player, I should sell some shares which I bought at same point. Since the trend in my eyes is very bearish. This time I will break my familiar tools. and hold my shares. 

if you are new on stock, please don’t follow this trip. it will be hard to you. go rebalance your position if you followed me last time on may 26th. and don’t use margin if you can’t handle it and didn’t have an experience with margin calls. :)

It’s bottomed, but you need patient to see it

today’s data 2010-06-01

Stocks quickly erased early losses but remained mixed today as investors weighted a better than expected reading of the ISM manufacturing index and higher construction spending against weak Chinese economic data and the Gulf oil spill.

Construction spending rose 2.7% in April with a 4.5% boost in residential spending. Economists had expected overall spending to be flat. The surprise increase bodes well for sustainability of the economic recovery, as constriction spending is an important signal of economic growth.

The closely watched ISM manufacturing index edged down to 59.7 from 60.4 in April--a smaller decrease than expected. Any reading over 50 indicates the manufacturing sector is expanding.

 

(not bad news today, it’s good for this whole week)