10/22/2012 Live Update

[jack black]

Hi everyone!

Could someone clue me in why there is a divergence between VIX and XIV?
IE: Both are making higher lows and higher highs since mid Sept, yet they should be the opposite?

Thanks!

[TraderGirl]

SPX not making new low for today so far...

Daily chart says down, then up, then down again....

Good morning TraderLady, down and up, down and up - you still feeling dizzy after Friday's party

chart just says down, up and then down, doesn't give levels...so no requirement to make new low...

[daytradingES]

Daytrader, I am so sorry to hear what you are going through...thank you for the information.

Thanks Trader Girl
I hope others can avoid the journey (1 million new each year in the USA)

[gappy]

Borrowed (stolen) some settings from BB52x and made a couple adjustments. UNG hourly has negative D and is close to switching to "sell the rips" mode. No position yet, I've been interested in shorting Nat Gas for a couple weeks but haven't take a position, still monitoring

CBOE margins lowered last week.

[Cobra]

nothing to say, wait for the range breakout (either up or down) first.

[L_T]

re: UNG and CHK
http://www.nytimes.com/2012/10/21/busin ... 5_20121021
[How to access any article if u are not a subscriber: Copy and paste the headline in the search window at news.google.com
Click the search button. It should come up as a clickable article that you can fully read. (hat tip: overunder)]

Interesting article. I find the nat gas business interesting and the sketchy backroom deals of McLendon even more interesting. Thanks for posting it.

[KeiZai]

GM quite boring day

DAX too early to say but more of the same?

So far I am long euro but looks like rising wedge

[KENA]

Weekly up date on Mkt Strength..Still on rounding dn..We may have some mkt problems a little later.

Chart by Stocktiming

[L_T]

If any of you are interested, one of Cobra’s picks on his short list – CSTR. I just received an email from another service I subscribe to and it said to do the same. It also said they expect their earnings this week to be terrible.. Play at your risk!!!!!

Lottery ticket?

[Al_Dente]

VIX broke above that 600ma friday (hourly chart); now we’ll see if it is a valid breakout or a trap
[ps: jack black: I overlaid spy (purple) and XIV (orange) behind $VIX price, 4 u]

[KENA]

Up date on strong stocks and weak stocks movement.

Chart by Stocktiming

[fehro]

trend lines.

[Me XMan]

Uh oh...not good. SPX making new today's low...

[KENA]

Algo may turn dn a bit after today???

Chart by Stocktiming

[Cobra]

failed double bottom target.

[TraderGirl]

SPX Potential count....

[KENA]

Looks like the mkt will remain in the area of low distribution for a bit.

Chart by stocktiming

[Al_Dente]

Paging harapa
NOT PART OF YOUR 5min SET-UP, hence not important:
Notice your CCI 168 diverging a bit (although still in bear zone)
Also, just fyi: the red dots on XIV are actually $ONE:VXX

[Petsamo]

small gamble on MCP, long 10.74, 70 shares

[KENA]

One of the Stocks i watch is JOY for mkt strength and turns..Early this morn it was up green very good but it is now tending dn in the lower green area..Maybe we test 1420/25 today???