07/23/2012 Live Update

[Cobra]

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Big gap down, so chances are the gap won't be filled.

The Global ES is simply, the down leg is too strong, so rarely it's just 1 legged, therefore the very first rebound most likely would fail.

[KeiZai]

Chart is a mess for "an observer from outside" , but watch the blue channel

[Cobra]

the open. it's way too stretched, so might be a rebound first.

[heavenskrow]

yawnnnn.... China and Eur/Usd had already broke support while financials looked weak.
Housing hits major resistance last week.

[KeiZai]

tick-tock

[Petsamo]

RIMM is green, fellas

[joe-gamma]

Paging BullBear: June 12 eh?

Your vol indicators are awesome!

[BlackThought]

Hmmm.. Sold remainder of my puts here

[wayne0708]

the open. it's way too stretched, so might be a rebound first.

Bear attack!!!
Should I join them

[heavenskrow]

Wayne if u missed out....keep an eye on ZSL.... I have 80% confidence silver is going to break support.

[KeiZai]

Wayne if u missed out....keep an eye on ZSL.... I have 80% confidence silver is going to break support.

It will be difficult without support from dollar but not impossible

[heavenskrow]

Wayne if u missed out....keep an eye on ZSL.... I have 80% confidence silver is going to break support.

It will be difficult without support from dollar but not impossible

I like your sig from Jesse Livermore.
Imma keep that quote

[KeiZai]

Wayne if u missed out....keep an eye on ZSL.... I have 80% confidence silver is going to break support.

It will be difficult without support from dollar but not impossible

I like your sig from Jesse Livermore.
Imma keep that quote

[TradingJackal]

Wow. Went a lot lower than I was expecting. The LD option is almost finished while the stochastics have room to keep going down. Waiting to see what the market unfolds now.

[Al_Dente]

15 min [edit: 30 min sorry]

[wayne0708]

Wayne if u missed out....keep an eye on ZSL.... I have 80% confidence silver is going to break support.

Thanks for the tips, but i rather long XIV after this run down is complete, that is if I had to play a leveraged instrument. Hopefully, SPX does not break 1325ish.

[su_root]

Does anybody have any backtesting what to expect for short term & mid term when VIX >20% in a single day?

Thanx in advance!

[KeiZai]

funny now bonds and german bunds are saying again different story going down with the market

[dr659]

This consolidation here can not be good for bulls ? No?

[Cobra]

This consolidation here can not be good for bulls ? No?

consolidation here is not good for bulls. bull need show some strength to make it a double bottom here.