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07/31/2012 Live Update

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Cobra
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07/31/2012 Live Update

Post by Cobra »

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Flat open, so any gap will be filled. The market simply waits for the FOMC and ECB, I just hope it won't be too boring today.

The Global ES still consolidates above the breakout point therefore favors bulls for now.
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KeiZai
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Re: 07/31/2012 Live Update

Post by KeiZai »

GM boardies

few weeks ago I said I´m bullish on silver in short-term, still think target for corrective pattern should be 30$
Silver.png
My view on russell, short term reversal is likely IMO
RUss.png
My satisfaction always came from beating the market, solving the puzzle. The money was the reward, but it was not the main reason I loved the market (Jess Livermore)
CarlosDK
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Re: 07/31/2012 Live Update

Post by CarlosDK »

Cobra:

Where do you think DAX could top ? Any good levels ?
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Cobra
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Re: 07/31/2012 Live Update

Post by Cobra »

CarlosDK wrote:Cobra:

Where do you think DAX could top ? Any good levels ?
No idea. DAX now is strong.

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KENA
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Re: 07/31/2012 Live Update

Post by KENA »

KeiZai wrote:GM boardies

few weeks ago I said I´m bullish on silver in short-term, still think target for corrective pattern should be 30$
Silver.png
My view on russell, short term reversal is likely IMO
RUss.png
GM KeiZai..The name of the book is Point and Figure Charting..By Thomas J. Dorsey.
shubertatlas
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Re: 07/31/2012 Live Update

Post by shubertatlas »

NEW GUY, First posting.
Poll taken by Invested Central (newsline).
Opinion of readers as to investment plans this week.

I'm laying low into the Fed announcement 61.76%


The Fed's not going to spoil my party! 38.24%
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Cobra
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Re: 07/31/2012 Live Update

Post by Cobra »

the open.
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KeiZai
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Re: 07/31/2012 Live Update

Post by KeiZai »

KENA wrote:
KeiZai wrote:GM boardies

few weeks ago I said I´m bullish on silver in short-term, still think target for corrective pattern should be 30$
Silver.png
My view on russell, short term reversal is likely IMO
RUss.png
GM KeiZai..The name of the book is Point and Figure Charting..By Thomas J. Dorsey.
Thanks KENA! Already in a shopping cart :D looks like a really GREAT book THANKS AGAIN!
My satisfaction always came from beating the market, solving the puzzle. The money was the reward, but it was not the main reason I loved the market (Jess Livermore)
shaca
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Re: 07/31/2012 Live Update

Post by shaca »

CarlosDK wrote:Cobra:

Where do you think DAX could top ? Any good levels ?
this is interesting, megaphone pattern
not sure if this is enough to see it falling down, or maybe 100 more points up to 6880

Image
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Cobra
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Re: 07/31/2012 Live Update

Post by Cobra »

cold be an ascending triangle, so the bias is a little bit on the upside.
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Cobra
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Re: 07/31/2012 Live Update

Post by Cobra »

shubertatlas wrote:NEW GUY, First posting.
Poll taken by Invested Central (newsline).
Opinion of readers as to investment plans this week.

I'm laying low into the Fed announcement 61.76%


The Fed's not going to spoil my party! 38.24%
Thanks and welcome aboard! :mrgreen:

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knock
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Re: 07/31/2012 Live Update

Post by knock »

Cobra wrote:cold be an ascending triangle, so the bias is a little bit on the upside.
momentum indicator is not favoring this. sto is turning south.
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KENA
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Re: 07/31/2012 Live Update

Post by KENA »

GM..The wife and I will be taking off to the big city of Seattle for the day in about 1/2 hr for something a little different etc..Hope the mkt is not to boreing today.GTTA.
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joe-gamma
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Re: 07/31/2012 Live Update

Post by joe-gamma »

GM esteemed Board Members!
Thanks Keizai,appears russels should have a bit of downside next 1-2 days....unless this is a bull flag forming, then all indexes may have another push up....stillnot strength in discretionary and smalls....any views on TRANS out there?
thanks, joe
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joe-gamma
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Re: 07/31/2012 Live Update

Post by joe-gamma »

seems the markets just said NO FED :lol:
GL trading today
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Al_Dente
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Re: 07/31/2012 Live Update

Post by Al_Dente »

“Fed Seen Forgoing Next Round of Asset Purchases Until September”
http://www.bloomberg.com/news/2012-07-3 ... ember.html
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
knock
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Re: 07/31/2012 Live Update

Post by knock »

es 5min looks like forming a new small resistance. 1374 next?
dr659
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Re: 07/31/2012 Live Update

Post by dr659 »

So its good news is bad news and bad news is good news ? Or is all news good news? :? :|
knock
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Re: 07/31/2012 Live Update

Post by knock »

Al_Dente wrote:“Fed Seen Forgoing Next Round of Asset Purchases Until September”
http://www.bloomberg.com/news/2012-07-3 ... ember.html
i bet commercials knew this in advance. It seems like a bull trap during past days.
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Al_Dente
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Re: 07/31/2012 Live Update

Post by Al_Dente »

Advancers 1300
Decliners 1400
Starting out “choppy” day ….until nydec gets >2000
bear bias…TRIN and VIX are bear
731one.png
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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