01/03/2013 Live Update

[MrMiyagi]

I have to take care of something for a bit, so here it is... early today..

!!!!!!POWER HOUR!!!!!!

[Out of Bounds]

Closed short SPY145.72

Curious, why not 2x or 3x SPY etfs?

Actually I use SSO or SDS but I say SPY because those levels determine when I trade and since that is what most people here are tracking the SPY, it's easier for them to relate.

[Unique]

Closed short SPY145.72

Curious, why not 2x or 3x SPY etfs?

Actually I use SSO or SDS but I say SPY because those levels determine when I trade and since that is what most people here are tracking the SPY, it's easier for them to relate.

I've always like UPRO and SPXU better, good volume too

[Tabby]

New direction or just a pit stop?

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You had another one from few days ago. R2K isn't over with pullback yet, one more down and then one more up and then R2K done with this wave,imo.

[Out of Bounds]

Closed short SPY145.72

Curious, why not 2x or 3x SPY etfs?

Actually I use SSO or SDS but I say SPY because those levels determine when I trade and since that is what most people here are tracking the SPY, it's easier for them to relate.

I've always like UPRO and SPXU better, good volume too

I'm moving some fairly large positions and need that extra volume.

[fehro]

dk report

[Unique]

Closed short SPY145.72

Curious, why not 2x or 3x SPY etfs?

Actually I use SSO or SDS but I say SPY because those levels determine when I trade and since that is what most people here are tracking the SPY, it's easier for them to relate.

I've always like UPRO and SPXU better, good volume too

I'm moving some fairly large positions and need that extra volume.

Bid to Ask is 1 cent, loose change. 3x makes up for it.

[Cobra]

might be another leg down and here's the target I don't believe.

[Unique]

might be another leg down and here's the target I don't believe.

Never forget August 9 2012, the market always reminds us anything is possible.

If don't remember, last 30mins, Dow jones popped 400+ points due to oversoldness

[Out of Bounds]

Bid to Ask is 1 cent, loose change. 3x makes up for it.

That's not the issue. I would wipe out the bid or ask and not get full execution of my order. They are just not deep enough.

[fehro]

moment of truth... careful

[TraderJoe]

moment of truth... careful

I like your charts

[EvilTrader]

MIghty Cobra, do u see a nice correction in front of us next week ??

[loveleo]

1st touch of EMA20 for long long time, let's see any H2 long buy here. definitely not H1 buy I think.

New here. What does H1 and H1 mean? Thanks,

starting pull back, out of BB quite a bit yesterday.

[wayne0708]

VIX is at low 14s so who is still long XIV?

Wayne, I am still hold XIV... planning to sell them today. Have you sold yours?

Sorry for late response. got meeting to go
sold last batch this morning

[Cobra]

another possible target that usually doesn't work.

[Cobra]

1st touch of EMA20 for long long time, let's see any H2 long buy here. definitely not H1 buy I think.

New here. What does H1 and H1 mean? Thanks,

starting pull back, out of BB quite a bit yesterday.

Welcome aboard!

Please check the other forum (Getting Started) for H1/H2. Or just click the "Newcomers ..." topic, I believe it's the 3rd topic of this forum.

[Cobra]

MIghty Cobra, do u see a nice correction in front of us next week ??

Maintain the evil plan hatched in the last night's report. I'm not sure the time yet though.

[fehro]

another channel should things accelerate down

[KENA]

If this top is in then a weekly cl 142.95 and below will confirm this..So lets wait and see.