12/14/2012 Live Update

[gappy]

http://www.youtube.com/watch?v=25mLJSC1oUQ

[KENA]

please stop both side, otherwise, I'll start to delete comments or close this thread.

Sorry COBRA but some of these comments just piss me off.

[BullBear52x]

IWM still has not busted yesterday's low.

the weekly candle of IWM what worry the bulls.

[Mr. T]

What are people targeting for Apple below $500???

I know the general idea is $470-480, so wouldn't that mean the big boys will grab it right before then...... forcing the small fish to chase?

Apple is so far holding nicely a double bottom to the one month ago low...
If it holds - the pattern that no one expects maybe in store - is the completion of a broadening top formation with new highs yet ahead is possible...

Hmmm, that would throw a lot of people off (myself included). Have to watch that.

[TradersF]

This does not look bullish to me.

Comments.......

[wayne0708]

Week;y candle

[Mongoose]

There isnt any country in the world who has a monopoly on peace.

so lets lead by example and have some peace here.

thank you.

[wayne0708]

[Cobra]

members only update at 3:50pm
http://www.cobrasmarketview.com/2012/12 ... ay-update/

[wayne0708]

closing

[Petsamo]

IWM still has not busted yesterday's low.

the weekly candle of IWM what worry the bulls.

The misleading signal of a red candlestick is what motivated me to developing my spreadsheet. Unfortunately, it doesn't have an attractive track record.

[BullBear52x]

This does not look bullish to me.

Comments.......

I am bearish in all windows short term

[TraderGirl]

TG and others. Would love to hear/see your thoughts on $SOX on the 60 min.

Thanks

Looks like it's not completely oversold yet...

[Cobra]

well, guess that's it for today. please check http://www.cobrasmarketview.com (right side) for the next Monday's seasonality. Thank you guys, I'll see you TOMORROW.

Before the close, please take a little time to vote for me, thanks. https://stockcharts.com/public/1684859/tenpp

[Cobra]

guess finally people realized not until the last minute and asking for several extensions, there's no deal.

[TraderGirl]

SOXS sitting right under this wedge...

[skittlesmds]

1 or 2 more red days and I'll probably turn bullish. Have to wait and see.

[TWT]

SPX: Maybe in the last wave (C) (of the DZZ) with a potential target at the 20 dma = 1407

[skittlesmds]

Thanks to everyone for the comments on stocks and markets today and all week. Hope everyone can have a good weekend (with the horrible news; it will be hard).

[ClarkW]

SOXS sitting right under this wedge...

Thanks TG! I bought a lil bit of SOXL a couple hours ago. Not feeling extremely confident about it going into the weekend but it is what it is. Looking for a bounce to exit.