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01/11/2013 Live Update

Re: 01/11/2013 Live Update

Postby ocassional observer » Fri Jan 11, 2013 3:22 pm

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Re: 01/11/2013 Live Update

Postby Mr. BachNut » Fri Jan 11, 2013 3:22 pm

deeko wrote:violent action. I don't like this at all. hard to make sense of things. Extreme actions make me uncomfortable. So ridiculous.


Equities actually seem comparatively gentle to me at the moment.

The moves in currency (yen, euro) and metals in particular seem violent to me the last few days.
There is internet chatter about very massive positions being unwound, which would make sense.

Perhaps when the knife wielders have finished flaying their victim(s), these markets will settle down.
However, moves like this suggest that landscapes may be shifting. More to come.
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Re: 01/11/2013 Live Update

Postby Royal Flush » Fri Jan 11, 2013 3:23 pm

TraderGirl wrote:Weekly chart says down into the 18th, with a possible big move down on the 14 or 15th....leaning more towards the 15th...

Hi TG, some time ago I posted that I had a turn high on the 15th. :lol:
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Re: 01/11/2013 Live Update

Postby Mr. BachNut » Fri Jan 11, 2013 3:26 pm

BullBear52x wrote:lots of foul smell :lol:


Very artistic work on that chart there Bull Bear! A veritable Picasso... :lol:
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Re: 01/11/2013 Live Update

Postby deeko » Fri Jan 11, 2013 3:29 pm

Mr. BachNut wrote:
deeko wrote:violent action. I don't like this at all. hard to make sense of things. Extreme actions make me uncomfortable. So ridiculous.


Equities actually seem comparatively gentle to me at the moment.

The moves in currency (yen, euro) and metals in particular seem violent to me the last few days.
There is internet chatter about very massive positions being unwound, which would make sense.

Perhaps when the knife wielders have finished flaying their victim(s), these markets will settle down.
However, moves like this suggest that landscapes may be shifting. More to come.



good point regarding the moves in currency. on a relative basis the SPY moves are muted. That said, if you look at SPY today, or the last few days for that matter, the reversals have been pretty sharp.

BTW, the "buy" orders are starting to pick up on the SPY, so maybe we won't drive lower, but who knows?
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Re: 01/11/2013 Live Update

Postby Cobra » Fri Jan 11, 2013 3:30 pm

now the bias is up. could be an ascending triangle in the forming. Friday, usually closes strong, so bulls got a little bit better chances here.
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Re: 01/11/2013 Live Update

Postby Out of Bounds » Fri Jan 11, 2013 3:31 pm

New 1.02 is making me crazy, Cobra!
...
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Re: 01/11/2013 Live Update

Postby KeiZai » Fri Jan 11, 2013 3:33 pm

Mr. BachNut wrote:
deeko wrote:violent action. I don't like this at all. hard to make sense of things. Extreme actions make me uncomfortable. So ridiculous.


Equities actually seem comparatively gentle to me at the moment.

The moves in currency (yen, euro) and metals in particular seem violent to me the last few days.
There is internet chatter about very massive positions being unwound, which would make sense.

Perhaps when the knife wielders have finished flaying their victim(s), these markets will settle down.
However, moves like this suggest that landscapes may be shifting. More to come.


Moves in currency landscape are imo mainly because of Yen, there is big printing coming in Japan soon
Chronology
1.
http://www.telegraph.co.uk/finance/econ ... world.html
2.
http://www.bloomberg.com/news/2013-01-0 ... n-yen.html
3.
http://money.cnn.com/2013/01/10/news/ec ... -stimulus/
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Re: 01/11/2013 Live Update

Postby deeko » Fri Jan 11, 2013 3:39 pm

not looking good for the bears.
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Re: 01/11/2013 Live Update

Postby Al_Dente » Fri Jan 11, 2013 3:40 pm

Here’s the long and the short of it… on simple overlay
Except ooops, the aapl is hugging the short side

111longshort.png
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Re: 01/11/2013 Live Update

Postby Out of Bounds » Fri Jan 11, 2013 3:51 pm

.....and right back to the sticky line again. Ugh.
...
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Re: 01/11/2013 Live Update

Postby Cobra » Fri Jan 11, 2013 3:53 pm

still is bullish biased.
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Re: 01/11/2013 Live Update

Postby KENA » Fri Jan 11, 2013 3:54 pm

Here is one that in mid Dec would have been a good buy but my mind was on the bearish side way to much.This is what can happen when you get to one sided.No mater how long one has been trading this type of mental state seem to happen. :) :)
sc.png
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Postby MrMiyagi » Fri Jan 11, 2013 3:57 pm

!!!!!!!!!!POWER HOUR!!!!!!!!!
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Re:

Postby deeko » Fri Jan 11, 2013 3:58 pm

MrMiyagi wrote:!!!!!!!!!!POWER HOUR!!!!!!!!!



I've been waiting all day to see this. :lol: :P
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Postby MrMiyagi » Fri Jan 11, 2013 4:01 pm

deeko wrote:I've been waiting all day to see this. :lol: :P


Just check around this time instead of all day :lol: :lol:
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Re:

Postby deeko » Fri Jan 11, 2013 4:03 pm

MrMiyagi wrote:
deeko wrote:I've been waiting all day to see this. :lol: :P


Just check around this time instead of all day :lol: :lol:


I should've said I've been looking forward to seeing this all day. Which is the absolute truth. I can't wait for this week to be over. I've been all sorts of wrong this week.
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Re: 01/11/2013 Live Update

Postby TraderGirl » Fri Jan 11, 2013 4:03 pm

Royal Flush wrote:
TraderGirl wrote:Weekly chart says down into the 18th, with a possible big move down on the 14 or 15th....leaning more towards the 15th...

Hi TG, some time ago I posted that I had a turn high on the 15th. :lol:


Actually, you should go back and read it, because I remember that you said it would be a low.... :D :D
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Re:

Postby Out of Bounds » Fri Jan 11, 2013 4:04 pm

MrMiyagi wrote:
deeko wrote:I've been waiting all day to see this. :lol: :P


Just check around this time instead of all day :lol: :lol:

I laughed. :lol:
...
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Re: 01/11/2013 Live Update

Postby BullBear52x » Fri Jan 11, 2013 4:07 pm

a red candle today will look good for bears, A hanging man candle will have a chance, but seeing low of day will be a bless.
:)
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