07/26/2012 Live Update

[MrMiyagi]

I found out he owns it at .70 cents, so I don't really care anymore... He made a boatload....

Ah, one of the "in crowd".
You should punch his sack and say "thanks for letting me in on the REAL IPO, you sheister...".

[TraderGirl]

Interesting chart of TLT...could be, I reiterate could be that it broke out of channel and is backtesting...we'll see what happens next....

The only thing is that we have neg d...

Edit: F!! new chart below

[Al_Dente]

FB conference call just started
i don't have link

[TraderGirl]

I found out he owns it at .70 cents, so I don't really care anymore... He made a boatload....

Ah, one of the "in crowd".
You should punch his sack and say "thanks for letting me in on the REAL IPO, you sheister...".

He is not my favorite neighbor, he's a Fox News watcher... I would like to punch him in the sack, and here I was caring about his trade.... dumb me...

[jdow]

FB conference call just started
i don't have link

FB getting wacked ... . FB is evil. Quit using it... http://live.cnet.com/Event/Facebook_qua ... rence_call

[CH37]

I would buy or short FB now.
FB is not worth $20+ ...

[xfradnex]

Tired of wacking sacks Here is a good read. http://www.telegraph.co.uk/finance/debt ... -2012.html

[xfradnex]

Nice Dollar EURO chart. http://www.zerohedge.com/contributed/20 ... ghi-effect. Near top of channel.

[xfradnex]

It looks like bond buying in Europe is only a temporary solution http://www.zerohedge.com/news/quick-rem ... ond-buying, and has parallel outcomes to our QEs.

[xfradnex]

Make your own conclusions from the graph; see the slope the last 5 minutes and what happens overnight. does it continue?

[Al_Dente]

Hi Dr X
Big day but we need 2 c follow thru
What is the prognosis from the elders?

[xfradnex]

Daily Elders. Moved from 15 reds to 2 out of 15 markets. Volume is way up. Normally next day would be a down move (big green in middle of a strong Red trend). The Big Ben and Mario Brothers show may deposit excrement on this call. Draghi may have kicked this down trend hard enough for a full reversal.

[xfradnex]

Dr. Al what do you think about my last 5 minute of the Day slope chart?

[xfradnex]

Hi Dr X
Big day but we need 2 c follow thru
What is the prognosis from the elders?

726spy.png

Dr. Al. Although Spy is in a good position above the 50ma, the other charts have made the 3rd touch of the top channel. Spy has not (yet).

[xfradnex]

I show SPY this morn was a few cents short of filling that 7/20 gap @ 136.32
(needs double check)
Not sure what that implies
15 min

726fifteen.png

On your mid day gap fill chart, do you have a conclusion?

[xfradnex]

Check out the chart this guy is using http://robocod.blogspot.co.uk/2012/07/e ... peech.html. There seems to be some utility in it.

[Al_Dente]

Dr X
Intervention trumps all
We need another day or two green MAYBE a few days to “bake it in” at least until Mario issues a “clarification” or “correction” and Ben does the blabla.
(note maybe is in CAPS)

The spy gap was filled and bested with HH higher hi, that’s bullish, we’ll see
I’m bullish until 9:30 am ET tomorrow morning, then we’ll see

“last five minutes” selloff… I see as just normal profit taking into the close, with no implication 4 tomorrow (?)

I’m still studying yr elders…….. thanks

[xfradnex]

Dr X
Intervention trumps all
We need another day or two green MAYBE a few days to “bake it in” at least until Mario issues a “clarification” or “correction” and Ben does the blabla.
(note maybe is in CAPS)

The spy gap was filled and bested with HH higher hi, that’s bullish, we’ll see
I’m bullish until 9:30 am ET tomorrow morning, then we’ll see

“last five minutes” selloff… I see as just normal profit taking into the close, with no implication 4 tomorrow (?)

I’m still studying yr elders…….. thanks

If last 5 minute slope is up, then up over night. If last 5 minute slope is down, then down overnight. It will change of course when I catch on. Slope today is negative.

[xfradnex]

GDP at 830. Should be down. http://mam.econoday.com/. If too much down = QE3.

[Nrsimha]

Dr X
Intervention trumps all
We need another day or two green MAYBE a few days to “bake it in” at least until Mario issues a “clarification” or “correction” and Ben does the blabla.
(note maybe is in CAPS)

The spy gap was filled and bested with HH higher hi, that’s bullish, we’ll see
I’m bullish until 9:30 am ET tomorrow morning, then we’ll see

“last five minutes” selloff… I see as just normal profit taking into the close, with no implication 4 tomorrow (?)

I’m still studying yr elders…….. thanks

Yes, very bullish.

Especially with such LOW VOLUME!

http://www.zerohedge.com/news/equities- ... -size-year