Archive for October, 2009

• Weekend Linky Dinks
  UpsideTrader, October 31st, 2009 at 7:07 am, Comments: 0

  A bipolar dollar gave fits to both the longs and shorts this week, but the bears grabbed the brass ring on Friday, prompting nervousness into the weekend. Oil and materials imploded and the banks traded like the toxic, non lending shells that they really are. GDP was digested and puked and the market got hit [...]

• $2.2 Million a Word
  UpsideTrader, October 30th, 2009 at 6:57 am, Comments: 0

  U.S. stocks rallied on Thursday on relief the economy grew at a 3.5% clip during the third quarter, sending the Dow Jones Industrial Average up 200 points, the S&P 500 rose 13 points and the Nasdaq Composite up 38 points. It was a solid short covering rally as bears got cocky the prior two days. [...]

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  Update
  UpsideTrader, October 29th, 2009 at 8:28 pm, Comments: 0

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  The Wrap
  UpsideTrader, October 29th, 2009 at 8:14 pm, Comments: 0

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• The Wrap
  UpsideTrader, October 28th, 2009 at 9:18 pm, Comments: 0

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• Finally, the Breakdown
  UpsideTrader, October 28th, 2009 at 9:11 pm, Comments: 0

  It started brewing yesterday and it followed through today. My random thoughts.
  1-It’s still about the dollar, don’t let anyone convince you it’s not. The dollar has been up for four days and the market is down for four days…ain’t rocket science.
  2- We were overbought and needed a correction badly.
  3-Technical analysis beats the crap out of [...]

• Alert
  UpsideTrader, October 28th, 2009 at 9:36 am, Comments: 0

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  Update
  UpsideTrader, October 28th, 2009 at 9:20 am, Comments: 0

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• 1060
  UpsideTrader, October 28th, 2009 at 5:53 am, Comments: 0

  The S&P tested 1060 twice yesterday, almost three times, and held. We’ll see where we go today, but a further dollar rally should help crack that level like an egg. Visa beat their number last night mainly because of “debit” purchases, not credit card purchases,yes folks are still playing close to the vest. Consumer confidence [...]

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  The Wrap 10-27-09
  UpsideTrader, October 27th, 2009 at 7:22 pm, Comments: 0

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