11/01/2012 Live Update

[L_T]

Anyone else like the looks of GDX here? I mean holding for several days not just intraday.

http://screener.fidelity.com/ftgw/etf/g ... ymbols=GDX

Sorry I meant from a technical/chart point of view. Not to hold for years!

[Me XMan]

Benny and company are defending that SPX 1400 line to the death.
Bears can't win unless a big blow financial blow up somewhere in Europe.

"We're never going down again!!!!!"

Ben was just waiting for the bears to get on the 'merry go round. now He's going to throw them all off...... at high speed.
No one messes with "bully Ben"....... the nastiest kid in the playground.

[silversurfer]

10/26 Low? Hmm http://timeandcycles.blogspot.com/2012/ ... e-has.html

[Al_Dente]

Anyone else like the looks of GDX here? I mean holding for several days not just intraday.

http://screener.fidelity.com/ftgw/etf/g ... ymbols=GDX

GDX is down today because its biggest holding, ABX, is down 7% on lower earnings.

thanks mr m

[Mr. T]

Gotta pump this right into Tuesday........ Tomorrow they really cook the books.

Jack Welch might have a heart attack this time.

[Me XMan]

I wouldn't mind seeing SPX +20 today. That would change Cobra's short-term view from down to up.
He will always have two legs up!

Gotta pump this right into Tuesday........ Tomorrow they really cook the books.
Jack Welch might have a heart attack this time.

[Petsamo]

China, India, & the DAX rallied from a gap down. If we finish this high, overseas markets might sell off from their gap up, then we should gap down tomorrow.

[ClarkW]

Sorry I meant from a technical/chart point of view. Not to hold for years! [/quote]

Hey LT. Below are some charts of mine on GDX. I'm long DUST so please kep in mind they are through my bear lense

[Al_Dente]

trin suggests a breather

[L_T]

Sorry I meant from a technical/chart point of view. Not to hold for years!

Hey LT. Below are some charts of mine on GDX. I'm long DUST so please kep in mind they are through my bear lense[/quote]

What do you think of the breakout on the daily with yesterday's bar? If we don't get further down today we'll have two consecutive closes above the daily 20 EMA. That's one of my shorter-term triggers that a new trend is starting.

[Al_Dente]

Sorry I meant from a technical/chart point of view. Not to hold for years!

Hey LT. Below are some charts of mine on GDX. I'm long DUST so please kep in mind they are through my bear lense

thanks clark
what is your thick black line behind price?

[ClarkW]

Sorry I meant from a technical/chart point of view. Not to hold for years!

Hey LT. Below are some charts of mine on GDX. I'm long DUST so please kep in mind they are through my bear lense

thanks clark
what is your thick black line behind price?

PALL. Cougar has talked in the past that PALL is a good tell on metals. Haven't back-tested....it's on the list. Keep it on there as a reminder

[Me XMan]

Breather? That was a short breather!

trin suggests a breather

111trin.png

[ClarkW]

Sorry I meant from a technical/chart point of view. Not to hold for years!

Hey LT. Below are some charts of mine on GDX. I'm long DUST so please kep in mind they are through my bear lense

What do you think of the breakout on the daily with yesterday's bar? If we don't get further down today we'll have two consecutive closes above the daily 20 EMA. That's one of my shorter-term triggers that a new trend is starting. [/quote]

Agree that's certainly bullish. This is always said by everyone I know BUT "the next couple days will be telling in my opinion." If there's follow through on the downside tomorrow and Monday one could argue yesterday was just another lower high on the daily. But seasonally November appears to be a good month for Gold/Silver and TraderGirl has a turn date for them now I think.
Not trading advice obviously

[uempel]

Long term resistance overhead:

[Me XMan]

My long sell got triggered. Now back to wait-n-see.

[Al_Dente]

Breather? That was a short breather!

trin suggests a breather

111trin.png

problem is trin has been suggesting that all morning
let's see if spy will hold the 20ema on 5min
nyadv is still >2200 bull at the moment

[SB73]

My long sell got triggered. Now back to wait-n-see.

I am on the sideline as well. I will take the rest of the day off and check in right before close for a possible end of day ramp.

[Cobra]

this pullback may touch EMA20 blue line, then we'll see if any H2 long there.

[Petsamo]

I see an H&S on SPY 1 minute, but the neckline has about a 15 degree slant