01/10/2013 Live Update

[Al_Dente]

UEMPEL
aapl 70
for real?
Did I misunderstand u boss ???
Ah, 470 ??

[Cobra]

members only update at 3:16 pm about AAPL.
http://www.cobrasmarketview.com/2013/01 ... ay-update/

[deeko]

I'm not sure why the strong move today. Yes, China had a great trade report, but debt ceiling negotiations to come, along with unimpressive claims report today. I thought we'd just hover around, and not go so directional

[gappy]

Bullard hurt my play. http://www.reuters.com/article/2013/01/ ... 5J20130110 http://www.youtube.com/watch?v=Zww7FQILQec

[Cobra]

reversal of reversal of reversal, next bar is key, wait.

[deeko]

anybody going short right about now?

[rc1269]

I'm not sure why the strong move today. Yes, China had a great trade report, but debt ceiling negotiations to come, along with unimpressive claims report today. I thought we'd just hover around, and not go so directional

it's called algorithms. has nothing to do with economic reality. maybe they'll switch into sell mode the closer we get to the debt ceiling talks. but on jan 10 it's much too soon for the bots to care. will suck in the retail thinking that it's truly no big deal. then when everyone is sucked in at new highs in mid to late Feb, they'll go the other way and shake out all the weak hands. yet again. rinse, repeat

[BullBear52x]

anybody going short right about now?

what is your time frame?

[joeynickels]

Looks squeezy. If SPY is ascending triangle then it could run quite a bit higher.

[Cobra]

no follow-through, so bulls are ok.

[deeko]

anybody going short right about now?

what is your time frame?

1 week

[KeiZai]

Some daily candlesticks are looking really good, but still early to be too aggressive for me

“The key to everything is patience. You get the chicken by hatching the egg, not by smashing it.”
Arnold H. Glasgow


next week is going to be RED

[BullBear52x]

Folks, I just got something to look into, $NYMO, $NAMO, and $AMMO are all negative.
I'll be really careful for the next over night holding, just saying. WDIK?

[Mr. T]

"We're never going down again!!!!"

[BullBear52x]

anybody going short right about now?

what is your time frame?

1 week

a trade back below 146.61 will be a good sell, anything above I will wait for new set up. 146.61 is the line in the sand right now for me SPY

[MrMiyagi]

[Mr. T]

This has turned into a bull week. Nothing can stop the bull except the weekend.

[deeko]

anybody going short right about now?

what is your time frame?

1 week

a trade back below 146.61 will be a good sell, anything above I will wait for new set up. 146.61 is the line in the sand right now for me SPY

Thanks.

I found it just so strange to start strong, then fall off (which has been normal) only to reverse again, and have such a strong move.

[BananaStand]

What does anyone make of AAPL's pop up just now?

76.4% retrace of recent up, completed a decending wedge. just like the last move from 501-535-504

Thanks!!

[uempel]

374.png

Yeah, at the mom the bulls don't have a story. Without no news it's diffiuclt to keep the rally going.