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07/06/2012 Live Update

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SWalsh
Posts: 1266
Joined: Thu Dec 29, 2011 5:07 am

Re: 07/06/2012 Live Update

Post by SWalsh »

Anaconda wrote:
SWalsh wrote:Does this activity seem like we've seen it before?....maybe 7 days ago?
Nice fractal. Good catch. I will cover my SPY call options into the close anyway, but may open a position in SDS calls for August.

A.
I don't believe in some charts people drag-out from 1970 or earlier saying "here we are", but that was a week ago. Most of the 1970 players are either out or dead. But this is this market and last week and we did that three times in a row in a recent drop.
Good weekend,
You too
"I told you...................bring me everyone"...http://www.youtube.com/watch?v=MrTsuvykUZk
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SWalsh
Posts: 1266
Joined: Thu Dec 29, 2011 5:07 am

Re: 07/06/2012 Live Update

Post by SWalsh »

TraderGirl wrote:
Just know that every time I see a picture of a girls bun cheeks hanging out, I will post a picture of some guys "____" hanging out... You guys ok with that?? :lol: :lol:
As someone who feels sorry for other guys, I'm fine with it.... :lol: :lol: :lol: 8-) 8-)
"I told you...................bring me everyone"...http://www.youtube.com/watch?v=MrTsuvykUZk
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xfradnex
Posts: 632
Joined: Fri Sep 09, 2011 12:14 pm

Re: 07/06/2012 Live Update

Post by xfradnex »

Check out this old pitchfork on this page http://stockcharts.com/public/1173967/tenpp/2. down near bottom.
Flip that coin.

Legal note:Don't believe anything I say above. You may lose yourA$$..
My chart has Daily Elders (Close, High, and Low), MA-2, CCI, and ATR for each stock; all color coded.
TradingJackal
Posts: 565
Joined: Wed Feb 08, 2012 3:54 pm
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Re: 07/06/2012 Live Update

Post by TradingJackal »

http://marketmontage.com/2012/07/06/hil ... mediately/

It would be funny if it was not real money but at 3:14 PM Jon Hilsenrath (aka the Fed's mouthpiece at the WSJ) had a story put on the WSJ website about how QE3 is more probable now. Since then the S&P 500 has reflexively rallied 6 points
There are no bulls or bears in the market. Only wolves and sheep.
Twitter @TradingJackal
http://tradingjackal.blogspot.com/
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xfradnex
Posts: 632
Joined: Fri Sep 09, 2011 12:14 pm

Re: 07/06/2012 Live Update

Post by xfradnex »

http://online.wsj.com/article/SB1000142 ... TopStories. More wolf cries to interfere with your trading day.
Flip that coin.

Legal note:Don't believe anything I say above. You may lose yourA$$..
My chart has Daily Elders (Close, High, and Low), MA-2, CCI, and ATR for each stock; all color coded.
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