Wrap – Week Ended 5/20/11

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8 Responses to “Wrap – Week Ended 5/20/11”

  1. 1
    zman Says:

    The world didn't end. See you guys tomorrow.

  2. 2
    zman Says:

    Follow us on twitter by clicking the "follow me" button on the right side of the screen

  3. 3
    zman Says:

    Got someone you know who should be a subscriber? Send them to us and if they sign up we'll give you a free month for quarterly sign up and a free quarter for an annual (cash or time, your choice). Caveat would be that it’s got to be claimed at the time of signup. No backsies (other than the ones I already know about).

  4. 4
    RB Says:

    re:1…vendor at Pimlico/Preakness was going through the stands yelling….
    "Get Your Black-Eyed Susan's….Let's Celebrate the End of the World"…..

  5. 5
    Zorgnak Says:

    XLE has 74.66 as short term acceptance after the last 3 days
    of choppy trading since the 5/17 swing low. Below at 74 is longer term acceptance. Between the two areas of acceptance a tight trading range has developed twith 75.36 as resistance and 73.89 as minor support. Volume flow remain supportive of these levels but 74 is the key area to watch. A break below the 74 level with increased selling
    pressure suggests a retest of recent lows and then acceptance further below.
    Areas of interest are.
     75.36        Resistance,CLVN
     74.66        Acceptance,MinorCHVN,MCHVN
     74              Acceptance, Major CHVN, VPOC 5/12
     73.89        Support
     72.25-.75 Major Support, Swing Low 5/17
     71.24        Acceptance,CHVN
    XLE Short Term
    XLE Long term

  6. 6
    zman Says:

    Euro getting crunked:


    Asian stocks falling hard. 

    Oil off $0.70 and back below $100

    S&P Fut off 5

  7. 7
    zman Says:

    re 4 – too funny, hope he made a killing on the lack of everything being killed off. 

  8. 8
    zman Says:

    Revised WHX model in the morning, along with some other energy yielder name comments

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