08/24/2012 Live Update

[Xian]

Resistance around 1409 has to be broken...

1.png

Hey, welcome back! You were missed.

[BullBear52x]

The new blue print, Dip will be bought intraday, see MACD hist.

[Cobra]

this pullback would be bought. the low of the big white bar now is the support.

[Harapa]

Longs be careful, this could just be Good Bye Kiss!

[uempel]

Resistance around 1409 has to be broken...

1.png

Hey, welcome back! You were missed.

Thanks! I'm not like Cobra, I need some rest now and then

[joe-gamma]

HARAPA
Do u have agree long INTRADAY ONLY with overbought already?
(my renko still calls it a flag, but the vixies are calling long?)

I just missed this.
I think there is more to go as this setup has moved to buy as well. Yes, vixies ST a buy but under negative pressure form higher time frames

same source Harapa: weekly spy never blinked on this downmove......
Anyone have thoughts on a dayly bullflag forming? Don't think I want to get long intermediate term at these levels here ....

[Tutti]

This market...well it reinforces the need to have a healthy sense of humor.

Tutti
Other day u said u were watching measured move on aapl chart
Could u post chart, pls ??

Sure. I don't know if I "believe" the larger target (too steal a Cobra saying )but 2 targets, one in blue one in black. Hope it helps, feel free to disagree.
*EDIT//I think you were asking for the move I was watching, not the target. The move is from 1/25 - 4/10.*

[uempel]

AAPL tied to 666, could this be a sign

Yeah, remember SPX 666? And we wre contemplating 500, at least I was

[BullBear52x]

Hahaha....DOW Theory, charting discount all news. All news, all of them, Ben or no Ben

[OverUnder]

Speaking of DOW theory, transports are red.

[Xian]

This market...well it reinforces the need to have a healthy sense of humor.

Tutti
Other day u said u were watching measured move on aapl chart
Could u post chart, pls ??

Sure. I don't know if I "believe" the larger target (too steal a Cobra saying )but 2 targets, one in blue one in black. Hope it helps, feel free to disagree.

AAPL MM 24AUG12.GIF

Love the chart, and I like a good bottom as much as the next guy ; but that 648 area doesn't bother you?

Very interested in your thoughts

[Harapa]

HARAPA
Do u have agree long INTRADAY ONLY with overbought already?
(my renko still calls it a flag, but the vixies are calling long?)

I just missed this.
I think there is more to go as this setup has moved to buy as well. Yes, vixies ST a buy but under negative pressure form higher time frames

same source Harapa: weekly spy never blinked on this downmove......
Anyone have thoughts on a dayly bullflag forming? Don't think I want to get long intermediate term at these levels here ....

bestweekspy.png

Few days-weeks, we still have up momentum in works. However, need a very disciplined approach to make some money at this juncture.
On my momentum block list daily signals are in buy mode. Aso most of the selling in VIXIES didn't pentrate hourly time frame. Real correction is not so close, but this time could be different.

[Al_Dente]

Hahaha....DOW Theory, charting discount all news. All news, all of them, Ben or no Ben

BenBullBear52x: I will no longer read any extra large type… gotta go check the news

[Cobra]

pullback indeed, there should be a rebound somewhere. perfectly if it could test EMA20 blue line first.

[joe-gamma]

T Girl and 67chevy: wish I could build perty charts like this...

[Al_Dente]

This market...well it reinforces the need to have a healthy sense of humor.

Tutti....Other day u said u were watching measured move on aapl chart.....Could u post chart, pls ??

Sure. I don't know if I "believe" the larger target (too steal a Cobra saying )but 2 targets, one in blue one in black. Hope it helps, feel free to disagree.
*EDIT//I think you were asking for the move I was watching, not the target. The move is from 1/25 - 4/10.*

thanks toot, VERY cool, I think I shall steal, pardon, borrow that one

[Harapa]

HARAPA
Do u have agree long INTRADAY ONLY with overbought already?
(my renko still calls it a flag, but the vixies are calling long?)

I just missed this.
I think there is more to go as this setup has moved to buy as well. Yes, vixies ST a buy but under negative pressure form higher time frames

THANKS BOSS

Post Postpartum:
The move didn't qualify as a good signal as not all vixies (VIX/VXO/RVX/VXN) issued a buy within 20 minutes and price ribbons didn't turn positive. May be a head fake!

[BullBear52x]

Hahaha....DOW Theory, charting discount all news. All news, all of them, Ben or no Ben

BenBullBear52x: I will no longer read any extra large type… gotta go check the news

I told you I ban reading fine print, so I really didn't see what you write there.

[joe-gamma]

pullback indeed, there should be a rebound somewhere. perfectly if it could test EMA20 blue line first.

paging the Kingsnake: does that blue line carry any weight for nonconfirmation ie divergence??

[Al_Dente]

Hahaha....DOW Theory, charting discount all news. All news, all of them, Ben or no Ben

BenBullBear52x: I will no longer read any extra large type… gotta go check the news

I told you I ban reading fine print, so I really didn't see what you write there.

http://www.youtube.com/watch?v=tqdeu_Th ... ure=relmfu