04/17/2012 Live Update

[victorm]

Cobra, what's your view on gold? thanks

I'd like your view on gold also.

I second that.

Cobra is going to say " short it from 1670"...

[MrMiyagi]

Oops looks like she's broke for today. No rebound but maybe last half of Power Hour?

[BullBear52x]

Last chart for the road. intraday run about to end, but I don't hope much for da bears.

[h2oskier]

Cobra, what's your view on gold? thanks

I'd like your view on gold also.

I second that.

here here

How about silver instead? When gold moves, silver moves except you can make a lot more on silver moves....

BTW Cobra, thanks for adding AAPL to your posts. I really appreciate your insight.

[Cobra]

Cobra, what's your view on gold? thanks

I'd like your view on gold also.

I second that.

here here

I'm neutral on gold now. The chart is ambiguous, so need wait for a few weekly bars. the chart below gave bearish explanation but technically until it breaks the green line below, it's still a neutral chart.

on the other hand, if you think gold and silver are related, silver chart is more bullish than gold. so I'll say I'm neutral to a little little bullish biased on gold.

[dr659]

Cobra, Sentiment Trader Intraday charts, lots of overbought readings, mean anything to you?

[stucap]

Cobra, Sentiment Trader Intraday charts, lots of overbought readings, mean anything to you?

isn't an all green day? hourly bars..bearish for next day?

[Cobra]

possible C&H in the forming, let's see.

[Cobra]

Cobra, Sentiment Trader Intraday charts, lots of overbought readings, mean anything to you?

isn't an all green day? hourly bars..bearish for next day?

not all up day. dollar, gold and bond are all down.

[Al_Dente]

PAGING AL DENTE
http://screencast.com/t/UVmlHN05QT1X

[Cobra]

Cobra, Sentiment Trader Intraday charts, lots of overbought readings, mean anything to you?

forget about the overbought, they mostly don't work.

[Cobra]

Cobra. is pull back imminent in AAPL? It is reaching 50% Fib level

no, I don't see.

[dr659]

Cobra, Sentiment Trader Intraday charts, lots of overbought readings, mean anything to you?

isn't an all green day? hourly bars..bearish for next day?

not all up day. dollar, gold and bond are all down.

was looking at the S&P and Nasdaq

[Petsamo]

If we finish at the highs, any bears here gonna place bets for a gap down ?

[TraderJoe]

YEP

[Mr. T]

Nope

[OverUnder]

Thinking of getting more bullish on gold here after this morning's selloff and recovery, not sure. Sticking so hard against that upper trendline for a while week now, seems like it wants to break out. Thoughts?

[alvian33]

Thinking of getting more bullish on gold here after this morning's selloff and recovery, not sure. Sticking so hard against that upper trendline for a while week now, seems like it wants to break out. Thoughts?

I hope so! I would have thought it would run more up after a consolidation, but it never did

[Cobra]

key time. break down below would be double top.

[MrMiyagi]

Intel, IBM and Yahoo report after hours; IBM alone with a good report can carry the DOW higher tomorrow.

I think we are on an up bias here but it is report dependent.