06/11/2012 Live Update

[rpccharts]

DOLLAR TO 89

SELL EVERYTHING

viewtopic.php?f=2&t=575&p=79636#p79635

[Cobra]

well, guess that's it for today, not good looking for bulls. Thank you guys, I'll see you tomorrow.

[Mr. BachNut]

Brutal close.

[MrMiyagi]

$TRIN zoomed to 2.66 from 1.14 in about an hour.

[Petsamo]

3 million last sell on SPY
571 K last buy on IWM

What, one guy didn't get the memo ?

[Mr. BachNut]

Price looked panicky but volume actually seems on the light side.
I may work my position a bit after hours.

[fehro]

$VIX ...if things get really ugly.

[xfradnex]

Daily Elders. Everything did not cave in; German, France, Spain and England are green. It looks like Canada, GSPTSE, led the way on today's move. Higher High, Lower Close( $.01), Higher low on SPY. A little stretched on this move today.

[Al_Dente]

Daily Elders. Everything did not cave in; German, France, Spain and England are green. It looks like Canada, GSPTSE, led the way on today's move. Higher High, Lower Close( $.01), Higher low on SPY. A little stretched on this move today.

X
Thx that’s what I was waiting for
Canada? Friggin' Canada?
It’s all Cobra’s fault then…

Now I’m waiting for Chicago time to check my P/C ratios, $CPCI shows wacky now at 7:18 pm ET but I can’t remember WHAT TIME it is safe to check them….
GL bud

[xfradnex]

Daily Elders. Everything did not cave in; German, France, Spain and England are green. It looks like Canada, GSPTSE, led the way on today's move. Higher High, Lower Close( $.01), Higher low on SPY. A little stretched on this move today.

X
Thx that’s what I was waiting for
Canada? Friggin' Canada?
It’s all Cobra’s fault then…

Now I’m waiting for Chicago time to check my P/C ratios, $CPCI shows wacky now at 7:18 pm ET but I can’t remember WHAT TIME it is safe to check them….
GL bud

Thanks. I would like to check your charts out when you get them. And yes, the rot usually starts in the great white north.

[Al_Dente]

xfran
Still waiting on put/call ratios, in the meantime
This is based on a Murphy chart: he calls it relative strength (which it is), I call it rotation (which it is).
In any case it’s a ziggie zaggie hot mess.
ALL WE CARE ABOUT IS WHAT’S STRONG RIGHT NOW
XLP grey, defensives (risk off)
XLV brown, placebo defensive (risk off)
XLU not on this chart (risk off)
http://stockcharts.com/h-sc/ui?s=$SPX&p ... listNum=15
of course all that can change with a big sqz
I haven’t gone over to cobra’s joint yet; can’t wait to hear what he says about MDD

[snakehead]

Equity trader's problem with RR's great book is the timing of market dislocations. For necessary and reasonable market adjustments it's impossible to set a date...

I think this is how the European Bailout discussions went:

http://www.youtube.com/watch?v=qMm1ewxA ... ure=topics

<<I think this is how the European Bailout discussions went:>>

I think it went more like this:

http://www.youtube.com/watch?v=JlQhDN1Onho

[snakehead]

3 million last sell on SPY
571 K last buy on IWM

What, one guy didn't get the memo ?

Drugs.