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01/12/2013 Weekend Update

01/12/2013 Weekend Update

Postby Cobra » Fri Jan 11, 2013 8:31 pm

Begin with Algo chart from stocktiming. It's overbought, but sometimes it needs a negative divergence before a pullback of some kind becomes possible, so guess it just a little little bit favors bears.
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Re: 01/12/2013 Weekend Update

Postby Cobra » Fri Jan 11, 2013 8:36 pm

II and AAII.

II is a little too optimistic, but still not extreme enough.
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II.gif

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Re: 01/12/2013 Weekend Update

Postby Harapa » Fri Jan 11, 2013 9:03 pm

Ratio Adjusted Summation Index suggest more upside.
NYSI closed at 735.38, a rise above 500 is indicative of more upside. For details see this post.
http://www.mcoscillator.com/learning_ce ... ic_tricks/
Above is provided for informational purposes only and shouldn't be considered an investment advice or recommendation to buy or sell anything.
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Re: 01/12/2013 Weekend Update

Postby Cobra » Fri Jan 11, 2013 9:45 pm

The conclusion of this week's stock picks.
viewtopic.php?f=10&t=787&p=113276#p113276

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Re: 01/12/2013 Weekend Update

Postby Cobra » Fri Jan 11, 2013 10:04 pm

Stock picks for the next week.
viewtopic.php?f=10&t=794&p=113278#p113278

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Re: 01/12/2013 Weekend Update

Postby wayne0708 » Sat Jan 12, 2013 8:35 am

Good Morning Weekenders :mrgreen:
I suppose I am the early bird here. Anyway, I am going to take a wild swing and call for a LOWER LOW within next three months or sooner. So save your dry powder if you intend to short. By all means, I do not predict price to reverse from here. Price can go higher then zigzag its way down. However, my target is a LOWER LOW ( Less than 1343.35) within three months.

Normally, I would present my evidences through charts, but this time i am just posting a chart with just a reference of Nov. 2012 low.
Have a good weekend peepz and keep your powder dry for shorting soon. :mrgreen:
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Re: 01/12/2013 Weekend Update

Postby Royal Flush » Sat Jan 12, 2013 9:01 am

Expalaination of the market manipulation of Friday's ES last minute ramp & RTH green close.
http://www.zerohedge.com/news/2013-01-1 ... -june-2007
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Re: 01/12/2013 Weekend Update

Postby Bman69 » Sat Jan 12, 2013 11:18 am

Morning guys,

Still short UAL, I think I will have better luck this next week and will add to shorts pre-market if over 25.75. Negative divergence on RSI, outside BB on 1 yr chart/weekly frequency, weekly candle hang man. Expect drop to 25 this week.

Still short overall market, hedges saved me last week. Long VXX 26.50 per assignment yesterday. Will cash out quick on this one due to decay but I like how it was trading the last few days, seems to be finding support but it is also VIX expiration Weds morning so will try to be out with a profit prior as I've seen weird decay with roll.

Option plays: condor straddles on JPM and AAPL. Not disclosing actual contract size but true ratio of contracts...

Jan 18 expiration
JPM buying 1 43 put/selling 2 45 puts/buying 1 46 put for debit of 14 cents paired with buying 1 46 call/selling 2 47 calls/buying 1 49 call debt 17 cents, figure earnings will be decent this week bringing in some movement in the stock but not significant +/- $1 or $1.5

Feb 1 expiration
AAPL buying 1 510 put/selling 2 490 puts/buying 1 450 put for debit of 49 cents paired with buying 1 530 call/selling 2 550 calls/buying 1 590 call debt 60 cents. Max loss approx 2.1k if over 570/under 470, max gain 1.9k - figure 470 support and will likely adjust strategy if 555 is broken to the upside

These strategies also could result in long/short assignments which I would accept at such prices.
Any comments welcome, constructive of course. Thanks Cobra!
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Re: 01/12/2013 Weekend Update

Postby KeiZai » Sat Jan 12, 2013 1:14 pm

Morning folks, going through some older charts and big market picture looks unchanged

BKX, divergence is missing so likely more up ahead after consolidation, but the overall structure looks corrective

O: viewtopic.php?f=2&t=729&p=104206#p104206

BKX.png


Euro

viewtopic.php?f=2&t=672&p=95104#p95104 * ignore the text :lol: sp500 failed to break above high after small dip so we went then straight to big dip :lol: ignore the 1600+ too :o

euro3.png


Why I think we will see some weakness in euro soon? I think euro index can be the key
Euro.png


Regardless of ST weakness (if so) final target is pointing to around 1.38
Euro2.png
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Re: 01/12/2013 Weekend Update

Postby KeiZai » Sat Jan 12, 2013 1:34 pm

SOX, triangle is valid because is confirmed by RSI next dip is a buy for me

SOX.png
My satisfaction always came from beating the market, solving the puzzle. The money was the reward, but it was not the main reason I loved the market (Jess Livermore)
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Re: 01/12/2013 Weekend Update

Postby Out of Bounds » Sat Jan 12, 2013 3:18 pm

I am short now - holding over weekend.
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Re: 01/12/2013 Weekend Update

Postby KeiZai » Sat Jan 12, 2013 3:32 pm

Housing, pretty close to target but what then?

O: viewtopic.php?f=2&t=729&p=104209#p104209

HGX.png
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Re: 01/12/2013 Weekend Update

Postby KeiZai » Sat Jan 12, 2013 3:52 pm

CRB ready for take off? imo yes

crb01.png


september´s chart, this structure is likely done, if so fasten your seatbelts :twisted:
CRB-sept.png
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Re: 01/12/2013 Weekend Update

Postby BullBear52x » Sat Jan 12, 2013 4:38 pm

KeiZai wrote:CRB ready for take off? imo yes

The attachment crb01.png is no longer available


september´s chart, this structure is likely done, if so fasten your seatbelts :twisted:
The attachment CRB-sept.png is no longer available

To da moon....USO is stuck at 50% and $CRB/CCI is short term bottoming? I hope you are right on $CRB, great charts boss. I am looking at your lady, stubborn like hell, will post something on her soon.
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Re: 01/12/2013 Weekend Update

Postby Out of Bounds » Sat Jan 12, 2013 5:23 pm

Max Pain is 146.00
FYI, OptionCalc (http://www.option-calc.com) has an app for your Android phone.
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Re: 01/12/2013 Weekend Update

Postby gappy » Sat Jan 12, 2013 5:24 pm

[quote="KeiZai"]CRB ready for take off? imo yes.
usdcrb.png
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Re: 01/12/2013 Weekend Update

Postby BullBear52x » Sat Jan 12, 2013 5:51 pm

XIV, lots of money to be made, Cough! cough!
Lets pretend that we can chart the mood just like everything else that have EPS, my simple way is to to go at it at the high or the low using %B 1/0 line and day trade it until the MACD confirmed. for now, I'll do nothing base on the daily view.
3.JPG
as in the past, I rather use an hourly set up like this to trade TVIX or XIV, for now it's still look good on the buy side.
1.JPG
the regular swing set up I see a Neg. D here and it's realy questioning how much longer the market can be this calm
2.JPG
Zoomed in to the penny, so far the hedge were more right then the actual counter trend sell.
4.JPG
Last edited by BullBear52x on Sat Jan 12, 2013 5:58 pm, edited 1 time in total.
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Re: 01/12/2013 Weekend Update

Postby Cobra » Sat Jan 12, 2013 5:56 pm

Since a few members are asking for what the optimized Non-Stop looks like, and here's the quick peek. It need some logic to filter out whipsaws, so it's no longer a simple crossover anymore, I have to use program to generate signals and only report whenever signal changes.
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Re: 01/12/2013 Weekend Update

Postby BullBear52x » Sat Jan 12, 2013 6:45 pm

SLV, historical resistance is cleared for SLV
3.JPG
So is here a text book kissing.
1.JPG
last buy failed, reversal or trend follower to the down side is jumping back in
2.JPG
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Re: 01/12/2013 Weekend Update

Postby Al_Dente » Sat Jan 12, 2013 7:53 pm

“For what appears to be the first time ever, information technology companies in the …[SPX] … are paying more in dividends than companies in any other sector, S.& P. reported this week."
http://www.nytimes.com/2013/01/12/busin ... 30112&_r=0
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