03/26/2013 Live Update

[Cobra]

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Gap up, within yesterday's range, so the gap might be filled.

Global ES may look like a Bear Flag in the forming, so for now the bias is a little little bit on the downside.

[Cobra]

members only update starts here: http://www.cobrasmarketview.com/2013/03 ... ay-update/

[KeiZai]

Morning guys this is what I see in SPY


SPY 5m

ES working on the c-wave rebound

O: viewtopic.php?f=2&t=868&p=124120#p124120

(morning chart )not updated

[Out of Bounds]

holding longs from yesterday - slightly in the black.

[Cobra]

the open.

[Out of Bounds]

holding longs from yesterday - slightly in the black.

Out 155.69

[Out of Bounds]

starting short 155.80

[Out of Bounds]

starting short 155.80

covered 155.64

[Cobra]

members only update at 10:04 am
http://www.cobrasmarketview.com/2013/03 ... ay-update/

[Al_Dente]

Ned Davis Research
“… foreign investors continued to purchase bonds at a fairly steady rate.”
http://screencast.com/t/QqVMeDnof5

[Mr. BachNut]

Long.
No change.

My composite trend signal remains up. It is inching to a negative crossover but it can be quite a flirt. Have to wait and see.
My summation index signal is neutral but would go negative on a break of last Thursday's low.

This is a swing traders market it seems.
Sell the highs and buy the lows.
I can imagine both new highs as well as a corrective low beyond the current range in the days ahead though.
Not my thing. I get flaked out by the whipsaws if I try to trade them.
That said, I may hedge a bit at new highs or if my summation signal triggers on a downside move.

[nikolaihoffn]

Peter, do your stop-losses ever fail to trigger because of gapping, high volatility etc. If so, how frequently and how do you handle if you are away from yr computer/phone? Stops seem to be a little unreliable with Scottrader software.
Thanks!

[Out of Bounds]

Ned Davis Research
“… foreign investors continued to purchase bonds at a fairly steady rate.”
http://screencast.com/t/QqVMeDnof5

326ned bonds_png.png

i went to look at a house yesterday that is in foreclosure. 1700 sq. ft. duplex each is a 2bed/1bath in a nice workig class neighborhood. It needs a lot of work - new kitchens, floors, baths. the eaves are ripped away and pigeons are living in the attic. Bank wants $150k. Foreign bidders have already pushed it $165. Probably 175 to win. It will need 50-75k in repairs and the rent will not be high enough to justify the expenses.

Foreigners just want some hard assets in $USD.

[TraderGirl]

Rally came a day earlier than I thought...may see some sort of crest today...

[Al_Dente]

Ned Davis Research
“… foreign investors continued to purchase bonds at a fairly steady rate.”
http://screencast.com/t/QqVMeDnof5

326ned bonds_png.png

i went to look at a house yesterday that is in foreclosure. 1700 sq. ft. duplex each is a 2bed/1bath in a nice workig class neighborhood. It needs a lot of work - new kitchens, floors, baths. the eaves are ripped away and pigeons are living in the attic. Bank wants $150k. Foreign bidders have already pushed it $165. Probably 175 to win. It will need 50-75k in repairs and the rent will not be high enough to justify the expenses.

Foreigners just want some hard assets in $USD.

[L_T]

Ned Davis Research
“… foreign investors continued to purchase bonds at a fairly steady rate.”
http://screencast.com/t/QqVMeDnof5

326ned bonds_png.png

i went to look at a house yesterday that is in foreclosure. 1700 sq. ft. duplex each is a 2bed/1bath in a nice workig class neighborhood. It needs a lot of work - new kitchens, floors, baths. the eaves are ripped away and pigeons are living in the attic. Bank wants $150k. Foreign bidders have already pushed it $165. Probably 175 to win. It will need 50-75k in repairs and the rent will not be high enough to justify the expenses.

Foreigners just want some hard assets in $USD.

I was watching a Florida real estate auction on TV last night. Seems there is a never-ending stream of cheap beat up properties for sale there. Being a northerner the construction always looks shoddy to me though---no foundation and cinder block construction? Funny how different standards are within the same country.

[Al_Dente]

behind the curtain
internals weak at the moment

[Cobra]

consolidates here would be good for bulls, let's see if bulls can do.

[uempel]

Rally came a day earlier than I thought...may see some sort of crest today...

Here the 60min chart suggesting a move tomorrow...

[uempel]

Rally came a day earlier than I thought...may see some sort of crest today...

Here the 60min chart suggesting a move tomorrow...

45.png