04/04/2011 Live Update

[Cobra]

breakout then back tested the neckline I think this is a confirmed double bottom. maintain the target.

[MrMiyagi]

Power Hour. Obama has his credit card out.

[Cobra]

I see possible 3 push up here, so could be go like this, might not be a strong close I guess.

[BullBear52x]

breakout then back tested the neckline I think this is a confirmed double bottom. maintain the target.

Not my preferred DB, this could turn out to be a cup of something else too, not a good latte. today I will have to stay a little late.

[Al_Dente]

first benandlloyd renko buy signal of the day
With NYDEC >2400 the bears aren’t finished yet, but VIX is leaning bull spy
We’ll see

44benlloyd.png

If you are this confident, I will have to slow down

WTF?
1) confident? I can’t trust any bull with nydec still >2400; I’m not supposed to fight that skew (rules)
2) what on earth could slow u down?
PS: bots are buying AND selling this

[fehro]

Bear flag?

[Al_Dente]

XIV is clearly leading, and sqz

[Cobra]

speed is slow, so I have to limit 10 posts per page. maybe the server needs reboot now.

[Cobra]

so far goes as planed. maintain the plan.

[Cobra]

now the speed is OK now. I noticed every day around certain time, the system becomes very slow. anyone noticed that?

[Denali92]

REMEMBER the DJIA and SPX are NOT ALLOWED to close down more than 1% as it would freak out the WORLD - yes, they messed up on 6-march, but they corrected their error with a vengeance with the Hilsenrath leak....

In all seriousness, lots of turns associated with tomorrow, Friday and Monday....

It is fairly rare to fall in to the Easter holiday, but we have had bottoms after in 2005 (Tuesday) and 2006 (Monday) and we have the Employment report where our general trend has been to bottom on the day (if we are falling in to it...) when we are in these BULLISH QE markets - best two examples are Oct 09 and Jan 10 ..... Of course, August 2011 was the exception!

Still waiting for our first 50pt top to bottom SPX correction ..... normal April triggers are either post employment (2011) or around FOMC (2011 and 2010) or opex (2009).

-D

[Cobra]

made the 3rd score, it is 3 push up.

[THAT GUY]

Cobra, are u bearish for the short term ... if we close around here ?
Thanks!

[MrMiyagi]

Cobra, what is your near term outlook, about a week out.

[Kos]

Cobra,
I don't know if anybody has asked this question before. What is the price that we need to see to confirm that the 6.5% correction is on progress

[SigmaEcho]

now the speed is OK now. I noticed every day around certain time, the system becomes very slow. anyone noticed that?

must be HAARP

[Cobra]

Cobra, are u bearish for the short term ... if we close around here ?
Thanks!

maintain the plan.

[Cobra]

Cobra,
I don't know if anybody has asked this question before. What is the price that we need to see to confirm that the 6.5% correction is on progress

check last night report. the big picture evil plan, there's a red cycle there representing the adjust point.

[Cobra]

AAPL update, maintain the plan.

[KENA]

Cobra..Yes speed is a lot better now.