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05/30/2012 Live Update

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Petsamo
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Re: 05/30/2012 Live Update

Post by Petsamo »

ken_d17 wrote:I have the idea that "reverse window dressing" exists. Window dressing is about the pro's getting their bonuses --- exceeding goal. In bad months, why not kill it to give next month a better chance?

Close at the lows ???
Not closing at the lows gives a better chance of a gap down
Twitter @jackwag0n
TraderGirl
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Joined: Thu Dec 22, 2011 2:47 pm

Re: 05/30/2012 Live Update

Post by TraderGirl »

snakehead wrote:
TraderGirl wrote:
snakehead wrote:
TraderGirl wrote:NUGT???...

I assume that you are not looking at the P&F charts.
What does P&F say?? You got a chart?

According to P&F (using 5% increments) there was recently a breakout (but not confirmed yet by Aroon indicator...)

http://stockcharts.com/def/servlet/SC.p ... ANRBO[P][D][F1!3!5!!2!20]&pref=G
From what I can read, P&F is designed for long term, rather than short term moves, looks like there may not be enough data here to determine a true "trend" as of yet...

Looks like resistance at $12 and support around $8 on the P&F...which is what a normal chart says as well....
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SWalsh
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Re: 05/30/2012 Live Update

Post by SWalsh »

ANNNNNND the computers just took 50+ SPY points out of the mkt.

Think they'll do an HFT IPO?

No computers, no movement, no market, no SEC.

Is it true that soon Channel 1 will soon be running all of Obama's speeches?... :lol: :lol: :lol:
"I told you...................bring me everyone"...http://www.youtube.com/watch?v=MrTsuvykUZk
knock
Posts: 338
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Re: 05/30/2012 Live Update

Post by knock »

gap up wrote:Devious! I likey. (reverse window dressing)
best ID i've seen!
TraderGirl
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Re: 05/30/2012 Live Update

Post by TraderGirl »

NUGT...??
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BullBear52x
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Re: 05/30/2012 Live Update

Post by BullBear52x »

Thanks Cobra and everyone, GLTA

TA note: Contrarian or Trend following??? STO said bears are back
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My comments are for entertainment/educational purpose only. NOT a trade advice.
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gappy
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Location: Peapatch Tx

Re: 05/30/2012 Live Update

Post by gappy »

knock wrote:
gap up wrote:Devious! I likey. (reverse window dressing)
best ID i've seen!
Thanks. In days of yore it represented a respectable turn of events, not an overnight manipulation. I hope to live long enough to see it again.
‘the petrodollar is our currency and our problem’....Gappy
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BullBear52x
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Re: 05/30/2012 Live Update

Post by BullBear52x »

Al_Dente wrote:
BullBear52x wrote:How do you spell P-A-N-I-C?
U short little guy :mrgreen:
I think I could still whop you, ya know :mrgreen:
http://www.youtube.com/watch?v=ZzU9FgNT ... re=related
:lol: :lol: :lol: I know PPT is still function as they should. later.
My comments are for entertainment/educational purpose only. NOT a trade advice.
TraderGirl
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Joined: Thu Dec 22, 2011 2:47 pm

Re: 05/30/2012 Live Update

Post by TraderGirl »

UVXY is interesting....
broke out of triangle, hitting resistance at 50dma....
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Mr. T
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Re: 05/30/2012 Live Update

Post by Mr. T »

Nothing matters.... only the dollar matters.
-T

"Treat Your Mother Right!!!!"
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snakehead
Posts: 352
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Re: 05/30/2012 Live Update

Post by snakehead »

TraderGirl wrote:
snakehead wrote:
TraderGirl wrote:
snakehead wrote:
TraderGirl wrote:NUGT???...
I assume that you are not looking at the P&F charts.
What does P&F say?? You got a chart?
According to P&F (using 5% increments) there was recently a breakout (but not confirmed yet by Aroon indicator...)

http://stockcharts.com/def/servlet/SC.p ... ANRBO[P][D][F1!3!5!!2!20]&pref=G
From what I can read, P&F is designed for long term, rather than short term moves, looks like there may not be enough data here to determine a true "trend" as of yet...

Looks like resistance at $12 and support around $8 on the P&F...which is what a normal chart says as well....

Yeah, I can't beat the machines at short-term movement so I go for intermediate-term/long-term.

Also -- I have been seeing positive divergence on the MACDs for GDX and NUGT.
"We got a runaway train boy, we got a billion Eddie Barzoons all jogging into the future. Every one of 'em getting ready to fist-#### God's ex-planet, lick their fingers clean as they reach out toward their pristine, cybernetic keyboards to tote up their f##ing billable hours. And then it hits home!"
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Me XMan
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Re: 05/30/2012 Live Update

Post by Me XMan »

SPX 1250 coming ?
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Mr. T
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Re: 05/30/2012 Live Update

Post by Mr. T »

Cancel Power hour....... Green light to "Power Minute"......... schedule to be revealed after the fact.
-T

"Treat Your Mother Right!!!!"
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Petsamo
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Re: 05/30/2012 Live Update

Post by Petsamo »

Me XMan wrote:SPX 1250 coming ?
Market Owl believes we'll drop to 1260
Twitter @jackwag0n
uempel
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Re: 05/30/2012 Live Update

Post by uempel »

After the close: if BPSPX breaks to the downside it might be a bearish omen for tomorrow. And vice versa...
89.png
OverUnder
Posts: 477
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Re: 05/30/2012 Live Update

Post by OverUnder »

Can we start with 1280?
Petsamo wrote:
Me XMan wrote:SPX 1250 coming ?
Market Owl believes we'll drop to 1260
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snakehead
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Re: 05/30/2012 Live Update

Post by snakehead »

How can SPY be above 132 right now???

This is complete and utter bull-crap. :lol:
"We got a runaway train boy, we got a billion Eddie Barzoons all jogging into the future. Every one of 'em getting ready to fist-#### God's ex-planet, lick their fingers clean as they reach out toward their pristine, cybernetic keyboards to tote up their f##ing billable hours. And then it hits home!"
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Cobra
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Re: 05/30/2012 Live Update

Post by Cobra »

looks like we'll have a strong close but it doesn't change the fact it's a bear flag on the spy 60 min chart.
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Cobra
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Re: 05/30/2012 Live Update

Post by Cobra »

well, guess that's it for today, I don't know tomorrow but the big picture I've already given my opinion. Thank you guys, I'll see you tomorrow.
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TraderGirl
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Re: 05/30/2012 Live Update

Post by TraderGirl »

Yeah, I can't beat the machines at short-term movement so I go for intermediate-term/long-term.

Also -- I have been seeing positive divergence on the MACDs for GDX and NUGT.[/quote]

Be careful on a break below $43 on GDX IMHO...
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