08/02/2012 Live Update

[auger]

DIA 5min

[Petsamo]

It makes wonder, not showing any platform. It is showing in everywhere, in granny's purse and P bars coming out of granpa's ears too.

P-bars happen much more often with TD Ameritrade's platform, less frequently on Scottrade's. P-bars on Scottrade's app appear on marketwatch.com

[kongen]

It is Obama's birthday, Do you think Wall Street boys make it as ugly as last year, 500 points drop in Dow in one day?

Ha ha.. yeah stick it the Man from Kenya!

"He's" clearly not a human being, "it" was designed to kill and destroy the middle class and extend the prosperity gap..come on guys

Racist comment

And everyone but you recognizes that it is the Republicans who are killing and destroying the middle class.

[Al_Dente]

MIYAGI
THE BUTTON......Heres yr favorite “crook”
http://www.bloomberg.com/news/2012-08-0 ... -exit.html

Mark Zuckerberge's sister is working for Google, that tells you how much faith she got in her brother's company...

Oh yea? Well i heard that yo mama works at facebook

[Al_Dente]

Even the NYT is flogging this story
“Flood of Errant Trades Is a Black Eye for WallStreet”....

I liked the story better when I told it! also there is the possibility of a counter HFT program and some shorts put against Knight Capital !?

i think u did tell it better, now everybody is on yr bandwagon
ps doctor x, do u have any relatives that work at facebook?

[BullBear52x]

MIYAGI
THE BUTTON......Heres yr favorite “crook”
http://www.bloomberg.com/news/2012-08-0 ... -exit.html

Mark Zuckerberge's sister is working for Google, that tells you how much faith she got in her brother's company...

Oh yea? Well i heard that yo mama works at facebook

I just finished with my update, if you got nothing to do why don't check it out instead of hanging here calling people's name. Long weekend for me.

PS. I hate face book first time I signed up, never went back again. I bought I-pad to spoiled my kids but don't use it either. GL2U

[Al_Dente]

MIYAGI
THE BUTTON......Heres yr favorite “crook”
http://www.bloomberg.com/news/2012-08-0 ... -exit.html

Mark Zuckerberge's sister is working for Google, that tells you how much faith she got in her brother's company...

Oh yea? Well i heard that yo mama works at facebook

I just finished with my update, if you got nothing to do why don't check it out instead of hanging here calling people's name. Long weekend for me.
PS. I hate face book first time I signed up, never went back again. I bought I-pad to spoiled my kids but don't use it either. GL2U

i forgot 2 tell u: good catch on that DBV p-bar last night
[name name name name]

[tkvprasad]

Thanks Cobra and everyone, GLTA

TA note: I am sell the rip crew, so here's what I am eyeing.

Excellent, thanks for the chart and afternoon updates. Have a nicetime tomorrow wherever u r going

Write a long term update on markets if possible, a request!

[xfradnex]

Even the NYT is flogging this story
“Flood of Errant Trades Is a Black Eye for WallStreet”....

I liked the story better when I told it! also there is the possibility of a counter HFT program and some shorts put against Knight Capital !?

i think u did tell it better, now everybody is on yr bandwagon
ps doctor x, do u have any relatives that work at facebook?

My wagon is very small( the red one with the pull handle My sista works at Facebook and she has faith in Shorting Facebook

Will there be a counter counter program next. The HFTer must keep programmers employed

[Al_Dente]

isn't today called a "spinning top" maybe candle?

[xfradnex]

Draghi http://www.forbes.com/sites/afontevecch ... r=yahootix

[xfradnex]

Super Mario Quotes http://www.forbes.com/sites/davidwismer ... k: :oops: He waiting on the Germans. So what ever the Germans say will move the market; forget about Draghi.

[xfradnex]

Daily Elders. Red up 8 of 15 in the world. Volume way up. Looks like Bounce to "low up" tomorrow; if " low up", then down the day after.

[TradingJackal]

Most likely, we had a correction to the upside this afternoon. So far, we have had three waves. If this turns into 5 waves, then it may become interesting. Frankly, no one in their right mind thinks P3 is upon us. 2 days ago, it was on Radio that Fed is printing in Sept citing Banks, etc. Who will short now knowing that easing is around the corner? Even if we fall, rallies to the upside will be brutal as a lot of them now expect the savior to print next month so they will try and front run by buying the dips. There is no fear of the drop. Look at VIX!

Expect to get whipsawed this month just as the last couple, perhaps with lower lows and lower highs but without losing too much ground.

[xfradnex]

"The Draghi plan is on hold until eurozone leaders activate the EU’s twin bail-out funds (the EFSF and ESM), which requires Spain – and perhaps Italy – to request a formal rescue and sign a memorandum ceding control over fiscal policy. “It is a necessary condition. Governments have to go to the EFSF. It is up to the relevant countries,” said Mr Draghi.

The eurozone is now in limbo, with intense pressure building on Spain’s premier, Mariano Rajoy, to fall on his sword and request the EFSF package needed to set the Draghi plan in motion. Mr Rajoy said the proposals had “positive aspects” but deflected further questions. " see http://www.telegraph.co.uk/finance/debt ... -2012.html . So we need to see a EFSF from Mariano Rajoy for something to break free, so we can go to the up. And More: http://acosta14.typepad.com/blog/2012/0 ... bonds.html

[xfradnex]

Dr. Al. Knowing that PBars do happen. Is it feasable to place a limit order out in the stratosphere, and have some HFTer pick it up?

[xfradnex]

Very good HFT article: http://www.zerohedge.com/news/what-happ ... pital-bill. Flip the wrong bit and your company could go to $hit. It is like the Bernie Madoff story, but compressed into a few minutes, but no one knows exactly who got screwed.

[BullBear52x]

Thanks Cobra and everyone, GLTA

TA note: I am sell the rip crew, so here's what I am eyeing.

Excellent, thanks for the chart and afternoon updates. Have a nicetime tomorrow wherever u r going

Write a long term update on markets if possible, a request!

Thanks tkvprasad, long term? how could I guess long term when I got no clue of what tomorrow will bring. long term is more of a fundamental than anything else. geeky way of TA if buying here is nothing more than counter short term momentum. I'll see what I can do before I head out tomorrow.

[BullBear52x]

isn't today called a "spinning top" maybe candle?

this is something else

[xfradnex]

For Europe, this is what was driving the markets: http://finance.yahoo.com/news/spain-inc ... 51448.html. If Spain asks for help, then this triggers Euro QE.