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03/04/2013 Live Update

PostPosted: Mon Mar 04, 2013 9:50 am
by Cobra
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Small gap down within Friday's range so the gap might be filled.

I see small and big Symmetrical Triangle on the Global ES chart, so the bias is a little bit on the upside.

Re: 03/04/2013 Live Update

PostPosted: Mon Mar 04, 2013 9:52 am
by Cobra

Re: 03/04/2013 Live Update

PostPosted: Mon Mar 04, 2013 9:54 am
by Cobra

Re: 03/04/2013 Live Update

PostPosted: Mon Mar 04, 2013 10:12 am
by Al_Dente
Good morning





"No more movies, no more out-to-dinners, no more fun."

[Robin Roberts, a civilian employee of the Defense Department, describing the preparations she and her husband made for the effects of the budget cuts]

Re: 03/04/2013 Live Update

PostPosted: Mon Mar 04, 2013 10:19 am
by Out of Bounds
Al_Dente wrote:Good morning





"No more movies, no more out-to-dinners, no more fun."

[Robin Roberts, a civilian employee of the Defense Department, describing the preparations she and her husband made for the effects of the budget cuts]


Good morning.

Re: 03/04/2013 Live Update

PostPosted: Mon Mar 04, 2013 10:20 am
by Cobra
Al_Dente wrote:Good morning





"No more movies, no more out-to-dinners, no more fun."

[Robin Roberts, a civilian employee of the Defense Department, describing the preparations she and her husband made for the effects of the budget cuts]



I just saw news that politicians might make a new deal to revert the cut. I think this is why the market doesn't care about the cut because people still don't believe the cut is real. Rather they think it's just a negotiation method, eventually, it'll be voided. Let's see.

Momentum Block

PostPosted: Mon Mar 04, 2013 10:26 am
by Harapa
:geek: Momentum Block :geek:
Global Equity Futures: Neutral with bullish slant
Key Currency Pairs: Neutral with Bearish slant (Bearish SPY)
I see some signs of thaw in the currencies market but no concentrate evidence of change in trend. In my view US equities will remain under pressure as long as currency world remains in this mode.
Note: I just opened my blog to public, please take a peak when you have time.

Re: 03/04/2013 Live Update

PostPosted: Mon Mar 04, 2013 10:26 am
by Al_Dente
“Among the $85 billion in cuts for the fiscal year ending Sept. 30: $3 million less for Pacific coastal salmon recovery; $148 million less for the patent office; a $1 million cut in support by the Defense Department for international sporting competitions; $289 million less for the Centers for Disease Control and Prevention; a $1 million cut in the Interior Department’s helium fund; and $16 million less for the Sept. 11 victim compensation fund.”

Re: 03/04/2013 Live Update

PostPosted: Mon Mar 04, 2013 10:31 am
by Cobra
the open.

Re: Momentum Block

PostPosted: Mon Mar 04, 2013 10:32 am
by joegamma
Harapa wrote::geek: Momentum Block :geek:
Global Equity Futures: Neutral with bullish slant
Key Currency Pairs: Neutral with Bearish slant (Bearish SPY)
I see some signs of thaw in the currencies market but no concentrate evidence of change in trend. In my view US equities will remain under pressure as long as currency world remains in this mode.
Note: I just opened my blog to public, please take a peak when you have time.



Thanks Harapa! let us know when credit exits southbound...
GM all boardies, lets see if we can get above the high volume area near last nights es highs...

Re: 03/04/2013 Live Update

PostPosted: Mon Mar 04, 2013 10:33 am
by Out of Bounds
Al_Dente wrote:“... and $16 million less for the Sept. 11 victim compensation fund.”



WHAT? Explain why we are still... nevermind. I really don't want to come out against widows and orphans.

Re: 03/04/2013 Live Update

PostPosted: Mon Mar 04, 2013 10:38 am
by Unique
viewtopic.php?f=2&t=840&p=120496#p120496

GOOG broke above, immediate 5 dollar squeeze, 1 dolla risk for 5 done deal.

Re: 03/04/2013 Live Update

PostPosted: Mon Mar 04, 2013 10:39 am
by kenttown
Unique wrote:http://bbs.cobrasmarketview.com/viewtopic.php?f=2&t=840&p=120496#p120496

GOOG broke above, immediate 5 dollar squeeze, 1 dolla risk for 5 done deal.


You buying AAPL?

Re: Momentum Block

PostPosted: Mon Mar 04, 2013 10:41 am
by Harapa
joegamma wrote:Thanks Harapa! let us know when credit exits southbound....

Sure, I will.

Re: Momentum Block

PostPosted: Mon Mar 04, 2013 10:42 am
by TraderJoe
Harapa wrote::geek: Momentum Block :geek:
Global Equity Futures: Neutral with bullish slant
Key Currency Pairs: Neutral with Bearish slant (Bearish SPY)
I see some signs of thaw in the currencies market but no concentrate evidence of change in trend. In my view US equities will remain under pressure as long as currency world remains in this mode.
Note: I just opened my blog to public, please take a peak when you have time.


Hi, I looked at your blog this morning and I now have it bookmarked.
Thanks :D :D

Re: 03/04/2013 Live Update

PostPosted: Mon Mar 04, 2013 10:46 am
by Unique
kenttown wrote:
Unique wrote:http://bbs.cobrasmarketview.com/viewtopic.php?f=2&t=840&p=120496#p120496

GOOG broke above, immediate 5 dollar squeeze, 1 dolla risk for 5 done deal.


You buying AAPL?


Nah, short it for now, good for cash flow purposes

Re: 03/04/2013 Live Update

PostPosted: Mon Mar 04, 2013 10:51 am
by joegamma
Wise AL: was that :geek: :arrow: fail yet?
tia

Re: 03/04/2013 Live Update

PostPosted: Mon Mar 04, 2013 10:54 am
by Daniel-David
variation on a Theme by Jarbo..

Buy SLV, 27.59, strategic stop (AND REVERSE!) at 27.30... downside target 26 on weekly chart. Upside target same as Jarbo.

Re: 03/04/2013 Live Update

PostPosted: Mon Mar 04, 2013 11:01 am
by jarbo456
Daniel-David wrote:variation on a Theme by Jarbo..

Buy SLV, 27.59, strategic stop (AND REVERSE!) at 27.30... downside target 26 on weekly chart. Upside target same as Jarbo.


wow, i'm flattered...and gl. i hope it works out for both of us.

Re: 03/04/2013 Live Update

PostPosted: Mon Mar 04, 2013 11:02 am
by TraderGirl
This week it's possible to see a low of some kind on the 5th or morning of 6th, then we could head up into the 11th or 12th.

I have an intraday turn around 10am...could extend to 10:30am (pacific) 1-1:30 pm (eastern)...possible for a crest of some kind...we'll see....

Merriman has a turn on currencies on the 4/5th..could see a crest of some kind....

Here is a possible count on UUP....