Wrap – Week Ended 7/08/11

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Good to be back, comments in the Monday post.

17 Responses to “Wrap – Week Ended 7/08/11”

  1. 1
    zman Says:

    Well this should give VQ an interesting day tomorrow:


  2. 2
    zman Says:

    SSN out with a financial table describing cash requirements of its 3 programs through year end. Comments in the morning post.

  3. 3
    Zorgnak Says:


  4. 4
    zman Says:

    Zorg – All OK now?

  5. 5
    zman Says:

    Futures off decent size tonight, presumably on debt ceiling talks breakdown. President Obama to address the nation tomorrow morning.

  6. 6
    Zorgnak Says:

    Life is good!

  7. 7
    Zorgnak Says:

    SSN 2.75 has been the rejection area for SSN to the south.  3 still the ceiling…

  8. 8
    zman Says:

    re 6 – yes it is, had a great trip, updating the ZLT for the Monday post and some of the moves are, well, moving. I watched it all happen thanks to various Apple devices but I hadn't updated the spreadsheet manually since 6/24 and my oh my that's quite the little V shape move … once we got traction, we really got traction. Much more of this and I'll lose some trading positions prior to earnings.

  9. 9
    Zorgnak Says:

    Good for you. Any vacation that I survived with my two wild spawn was a good one…

  10. 10
    Zorgnak Says:

    30.50 Support
    28.50 Support 50 SMA 28.75

  11. 11
    zman Says:

    Re 9 – Hear ya on that one. It's not the age, its the mileage!

  12. 12
    Zorgnak Says:

    6.50 Resistance
    6.25 Support

  13. 13
    zman Says:


  14. 14
    zman Says:

    Zorg – the VQ chart is interesting.

  15. 15
    Zorgnak Says:

    k..I'll check it out.later..hear the Mrs calling now….

  16. 16
    Zorgnak Says:

    NOG ran up to resistance at 24 on low volume thru a very low volume area on the chart. Expecting 21.75 to be far support with 23.25 and 22.50 as minor support if the market is in a more energy friendly mood.

  17. 17
    Zorgnak Says:

    B4 I forget thanks for mentioning END the other day..I caught a part of that breakout for a nice trade..ok  gone now

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