10/16/2012 Live Update

[Me XMan]

Looking like any dips will get bought big time! SPX 1500 is target.

well, guess that's it for today. bulls are strong, so normally should be more up ahead. thank you guys, I'll see you tomorrow.

[Al_Dente]

minor divergence in the VIX.

nice one thnx fehro

[Petsamo]

2.22 million last sell on SPY

[Al_Dente]

doctor harapa
it's flip/flopping now
last time this signaled so near the close it was a false signal (?)
could u repeat what u said about signals soooo near the close (eg predicted gap or something?)

Gap in the direction of the signal. Look at what currencies markets MOMO is telling.

just to clarify
"""Gap in the direction of the signal"""
signal was sell so gap expected down?? correct???

[Out of Bounds]

RIO http://stockcharts.com/h-sc/ui?s=RIO&p= ... 9892875026

[Mr. T]

Just wait till the debate is over tonight. We always run up into those.

[Harapa]

doctor harapa
it's flip/flopping now
last time this signaled so near the close it was a false signal (?)
could u repeat what u said about signals soooo near the close (eg predicted gap or something?)

Gap in the direction of the signal. Look at what currencies markets MOMO is telling.

just to clarify
"""Gap in the direction of the signal"""
signal was sell so gap expected down?? correct???

affirmative, but just an observation.

[L_T]

VIXies M05 sell watch ON
This is just a watch

On the stockcharts platform I am a breath away from a 5 min spy sell signal (inverted RVX must go below signal line)
ps It’s all your fault “Boss.” I’m totally joking, see

1016harapa5.png

Al question for you:
Do you use this in your "live" trading?
Also do you hold at the end of the day through to the next or do you close out every afternoon?

LT I have different time frames
For intraday scalping I exited early today, midday, when I saw all those weakness signs that I posted. scalping = flat by end of day.
I use the harapaVIX system for swing and try to hold on as long as it allows
Then I have a couple bucks long term that is another story
That is why I am crazy person: too many timeframes
How ‘bout u?
When u first came on board u were LT long term
Now I see u messin’ around w quickie stuff
GL2u

Gotcha. Just trying to be as accurate as I can no matter the time frame and always looking to borrow (steal) effective ideas!

[uempel]

PAGING DOCTOR BOSS H
Here’s what my sell spy signal looks like on the 5min vix system
Show me yours pls (5 minute only) thx

1016harapa5b.png

Al and Harapa, so your VIX system is in sell mode?

[Harapa]

Gotcha. Just trying to be as accurate as I can no matter the time frame and always looking to borrow (steal) effective ideas!

Al, you have a company

[Me XMan]

Red day tomorrow? I would welcome that idea so Thursday and Friday would be up days.

2.22 million last sell on SPY

[Al_Dente]

doctor harapa
it's flip/flopping now
last time this signaled so near the close it was a false signal (?)
could u repeat what u said about signals soooo near the close (eg predicted gap or something?)

Gap in the direction of the signal. Look at what currencies markets MOMO is telling.

just to clarify
"""Gap in the direction of the signal"""
signal was sell so gap expected down?? correct???

affirmative, but just an observation.

thx doc boss

[Harapa]

doctor harapa
it's flip/flopping now
last time this signaled so near the close it was a false signal (?)
could u repeat what u said about signals soooo near the close (eg predicted gap or something?)

Gap in the direction of the signal. Look at what currencies markets MOMO is telling.

just to clarify
"""Gap in the direction of the signal"""
signal was sell so gap expected down?? correct???

affirmative, but just an observation.

thx doc boss

Show me the final signal

[TraderGirl]

this price action in the XIV reminds me of end of May 2011 when there was a bull flag fakeout XIV broke out but on heavy negative divergence, then the market continued down...
edit: I guess I don't have to compare SPX twice..

[Al_Dente]

PAGING DOCTOR BOSS H
Here’s what my sell spy signal looks like on the 5min vix system
Show me yours pls (5 minute only) thx

The attachment 1016harapa5b.png is no longer available

Al and Harapa, so your VIX system is in sell mode?

uemp: General Bonkers says yes, that was a confirmed sell spy signal on the 5minute harapaVIX system

gen bonkers.png (172.68 KiB) Viewed 4510 times

[Al_Dente]

Show me the final signal

do we agree?

[Harapa]

Show me the final signal

do we agree?

The attachment 1016harapfinal.png is no longer available

Yes, we do.

[TraderGirl]

Show me the final signal

do we agree?

1016harapfinal.png

Nice chart guys!!