10/24/2012 Live Update

[Cobra]

If you're StockCharts member, please do me a little favor by "vote" and the most importantly "follow" my public chart list HERE. You need "follow" only once but vote can be done everyday, so whenever you have time, please vote for me, thanks! If you're not StockCharts member, you can also help boosting my rank by clicking the link once everyday.

Please, again, all my calls in the daily live update is for intra-day only, they're absolutely invalid when the closing bell rings. If you're interested in the forecast for days and weeks, Please subscribe my Daily Market Report.

Personal attack on any board members won't be tolerated. Please limit your topic to trade related only.

I'm very busy during the trading hour, so your question posted on board might not be answered. For a guaranteed answer to your question please send email to [email protected].


Small gap up, along yesterday's high, so the gap might be filled.

FOMC announcement at 2:15 PM ET, might be not as exciting as before but still should be interesting to here what Helicopter Ben would say.

Possible Double Bottom on Global ES, so we might see more rebound here. Text book target could be as far as 1424.75.

[Cobra]

members only update starts here: http://www.cobrasmarketview.com/2012/10 ... ay-update/

[louie]

Hope this is permissible. charts & etc. from Springheel Jack for today

http://www.channelsandpatterns.com/2012 ... ences.html

[Pagat]

No matter how the market will end this week, I believe that market will fall at least to nov, 6th.
after last debate Romney - Obama, the market has already decided the President
No more QE: (yesterday picture) GLD down, SLV down, USO Down, JJC down, UNG (??)
I'm expecting even more downside on all other markets (EUROPE, ASIA, BRIC).
I once read an article that in times of uncertainty all investors want to have money at home (home = US).

[Cobra]

the open.

[Al_Dente]

FB opened up 21%

[jarbo456]

not sure if it was mentioned but ISEE equities closed below 100 yesterday.

if you don't know what that means, there are plenty of blogs out there talking about it.

[Cobra]

cannot decisively break above the blue line, then this rebound would go far as it's typical 3 push up pattern. so wait.

[Petsamo]

Anyone have news on NAV ?
Anyone thinking of playing USO ?

[TraderJoe]

Petsamo,
Here is a 10% dividend for you if you are interested --- $2.50 div --- HCA

[uempel]

Checking the weekly BB13/1:

[Cobra]

not good, the rebound mostly overlaps.

[Petsamo]

Petsamo,
Here is a 10% dividend for you if you are interested --- $2.50 div --- HCA

Thanks, I'll look into it.
I also looked into ARR (17.6% yield), CFP (20.4% yield), WHX (37.1% yield). WHX is looking good technically, has a bottom.

[TraderJoe]

It is a 10% one time div. But remember, the stock will drop by that amount on ex date

[Al_Dente]

NUGT renko is at a triple bottom fwiw

[Cobra]

members only update at 10:06am
http://www.cobrasmarketview.com/2012/10 ... ay-update/

[Petsamo]

It is a 10% one time div. But remember, the stock will drop by that amount on ex date

That's not good. From 2000 - 2012, it gave only one dividend.
http://finance.yahoo.com/q/hp?s=HCA&a=0 ... f=2012&g=v

[TraderJoe]

That is what I said, a one time 10% div of $2.50

[Petsamo]

Anyone going into GDX or NUGT ?

[uempel]

Check out the time signal at noon