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04/16/2012 Live Update

stucap
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Re: 04/16/2012 Live Update

Post by stucap »

this board has been rather quiet today? where is everyone?
uempel
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Re: 04/16/2012 Live Update

Post by uempel »

TraderGirl wrote:dollar via UUP...
TraderLady, I guess the USD/EUR game will be decided Tuesday 2:30 am EDT (auction of Spanish 12 and 18 month T-bills). Believe that success or failure of this auction will determine what SPX move tomorrow too.

http://www.bloomberg.com/news/2012-04-1 ... tions.html
Ed02
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Re: 04/16/2012 Live Update

Post by Ed02 »

stucap wrote:this board has been rather quiet today? where is everyone?
Bears are having a party ..., while Bulls are all crying :-)
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Cobra
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Re: 04/16/2012 Live Update

Post by Cobra »

well, target met.
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MrMiyagi
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Re: 04/16/2012 Live Update

Post by MrMiyagi »

Target net Cobra, nice.
stucap
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Re: 04/16/2012 Live Update

Post by stucap »

Ed02 wrote:
stucap wrote:this board has been rather quiet today? where is everyone?
Bears are having a party ..., while Bulls are all crying :-)
Maybe you reversed that? i think today is a big F$%^ YOU from the bulls to the bears --- "we don't need no stinkin' apple to BTFD"
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Cobra
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Re: 04/16/2012 Live Update

Post by Cobra »

volume surge, might see pullback here.
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Ed02
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Re: 04/16/2012 Live Update

Post by Ed02 »

stucap wrote:
Ed02 wrote:
stucap wrote:this board has been rather quiet today? where is everyone?
Bears are having a party ..., while Bulls are all crying :-)
Maybe you reversed that? i think today is a big F$%^ YOU from the bulls to the bears --- "we don't need no stinkin' apple to BTFD"
You said it. All long here since Friday ;)
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Cobra
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Re: 04/16/2012 Live Update

Post by Cobra »

update, no comments. I have to leave for about an hour.
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TraderGirl
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Re: 04/16/2012 Live Update

Post by TraderGirl »

uempel wrote:
TraderGirl wrote:dollar via UUP...
TraderLady, I guess the USD/EUR game will be decided Tuesday 2:30 am EDT (auction of Spanish 12 and 18 month T-bills). Believe that success or failure of this auction will determine what SPX move tomorrow too.

http://www.bloomberg.com/news/2012-04-1 ... tions.html

Agree with you. There are two turn dates this week Monday or Tuesday and Thursday... I thought maybe we would turn down today or tomorrow until Thursday, but that may not be the case, I guess this is the deciding factor...

Currencies make the market look bearish to me, but if you look at treasuries, this could be formidable resistance, but it doesnt mean we can't break through this resistance..??? tomorrow is the deciding factor...
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uempel
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Re: 04/16/2012 Live Update

Post by uempel »

Update:
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BullBear52x
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Re: 04/16/2012 Live Update

Post by BullBear52x »

My SPY intraday play.
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BullBear52x
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Re: 04/16/2012 Live Update

Post by BullBear52x »

Right now a retest resistance of 5 dma 137.61
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uempel
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Re: 04/16/2012 Live Update

Post by uempel »

I've got a signal for 14:30/14:40 pm - a few minutes to go.
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Kos
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Re: 04/16/2012 Live Update

Post by Kos »

I always thought market would break down very hard once Apple starts to to break down, but I was wrong and today I learn how big boys in this market manage everything.

I am watching the down trendline that connects the high of 4/2 and 4/13. inability to break above this line this week means a hard break down, but first lets see how big boys would test this trendlineh

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Mr. T
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Re: 04/16/2012 Live Update

Post by Mr. T »

This market is a sell. They're only holding it up on the chance that there'll be some earnings news to save the day.

They just haven't accounted for the possibility that the fake, cooked booked numbers could still come in bad.
-T

"Treat Your Mother Right!!!!"
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BullBear52x
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Re: 04/16/2012 Live Update

Post by BullBear52x »

This is a good gap down set up. I can smell it.
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stucap
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Re: 04/16/2012 Live Update

Post by stucap »

BullBear52x wrote:This is a good gap down set up. I can smell it.
bulls look pretty good here.......retesting the breakout now. green close? higher low in place? low risk long overnight with a stop at today's low? plenty of traders will take that risk/reward.
uempel
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Re: 04/16/2012 Live Update

Post by uempel »

Market is trying again and again to break 1374...
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BullBear52x
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Re: 04/16/2012 Live Update

Post by BullBear52x »

stucap wrote:
BullBear52x wrote:This is a good gap down set up. I can smell it.
bulls look pretty good here.......retesting the breakout now. green close? higher low in place? low risk long overnight with a stop at today's low? plenty of traders will take that risk/reward.
daily are showing a bear flag. I got after noon update on my blog.
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