10/22/2012 Live Update

[MrMiyagi]

[MrMiyagi]

USO possible intraday entry here.

[Petsamo]

Check this out.

Nice one

[Cobra]

nothing to say, seems a weak rebound so far.

[MrMiyagi]

[rpccharts]

beware - carl futia

December S&P E-mini Futures: Today's range estimate is 1416-1432. Friday's break was a high volume, wide range drop after a low volume, relatively narrow range rally. This is a warning that support in the 1420-25 range is likely to fail. If it does the prognosis will be for a drop which at least matches the size of the 157 point March-June drop earlier this year.

[Cobra]

the very unique thing is usually after 5 red hourly bars, there's a rebound. now we have 12, yet, still no rebound.

[Petsamo]

NAV slammed me Friday. Today it doesn't wanna retreat

[L_T]

Completely off topic from The Big Picture (Ritholtz blog) that someone somewhere will find useful:

http://shialabeowulf.tumblr.com/post/33 ... ife-easier

PS if you like infographics his blog is a great one to check out every now and then.

[gappy]

the very unique thing is usually after 5 red hourly bars, there's a rebound. now we have 12, yet, still no rebound.

No naked shorting the Euro commodities come Nov.

[Cobra]

2 possible targets.

[Al_Dente]

“Fed considers upping QE3 size and language
Central bank could alter guidance at this week’s meeting”
http://www.marketwatch.com/story/fed-co ... =rss&rss=1

[ClarkW]

Just sold out of my KOLD for a nice +6.9% intraday profit. Off to meeting, afraid she'll ramp down into the close. Also afraid this could simply be a higher low on UNG/NATGAS. Don't think it is but just in case... Will look to buy back KOLD on strength in NATGAS over the next couple days

[gappy]

“Fed considers upping QE3 size and language
Central bank could alter guidance at this week’s meeting”
http://www.marketwatch.com/story/fed-co ... =rss&rss=1

Next rate hike will launch gold to the moon.

[Me XMan]

Damn! I knew the Feds won't let this market down.
Once you're hooked on printing/cocaine, it just never ends.

“Fed considers upping QE3 size and language
Central bank could alter guidance at this week’s meeting”
http://www.marketwatch.com/story/fed-co ... =rss&rss=1

[fehro]

trend lines... still a tad lower? divergence building on the 15m .. lacking on the 60m

[KENA]

Not trading but the pic speaks for it's self.

536353_10150631622875922_1284368329_n.jpg (33.69 KiB) Viewed 2943 times

[Cobra]

another good bull bar, seems C&H (2nd) target is possible.

[Me XMan]

I think the Feds just launched another rocket. SPX 1500 is possible now.

another good bull bar, seems C&H (2nd) target is possible.

[bullbear12]

well planned OBAMA debate bounce