11/03/2012 Weekend Update

[Xian]

my brother passed away Wednesday evening.
conventional medical treatment all the way.
Cancer spread like wildfire once he had his first chemo and he's gone within a couple of months.

I would like to thank those that gave support.
A special thank-you to those who prayed for him.

Jesus, that's horrible. How old was he?

[ClarkW]

Not original artwork by me, borrowed but don't know from where. $VIX Swing chart showing sell the rips

[ClarkW]

International outperforming U.S.A. lately

[ClarkW]

Sell signal given on $SPX:$VIX ratio

[ClarkW]

A week or two ago I showed a POSSIBLE bullish Gartley for Unleaded Gasoline ($GASO). It's not playing out that well so far and if negated we could see a substantial drop

[toddcobbmd]

DayTradingES,

I'm sorry to hear of your loss. I know that your love for your brother will continue to point to the part of him that is eternal, and will point to the part of yourself that is your own highest self and is closest to him.

I know that our hardest times are the times when we grow the most, and I hope that helps instead of offends.

My prayers are with you and your family.

[ClarkW]

To me NAT GAS looks to be running up against resistance on the weekly over the next couple weeks as it comes up to top of long-term channel top. But on the daily it's interesting ChiOsc has went from overextended on the upside to overextended on the downside in a short span while still hovering around the top of the channel. Past couple times ChiOsc was this low he rallied but it was much lower.
Sold all my KOLD on Friday. Will reassess this week but not likely to take any positions

[Cobra]

Thanks Cobra and greetings from Poland

Thanks and welcome aboard!

[Cobra]

Thanks Cobra.

Strange, where's everybody today?

Everybody queuing up for gas

[ClarkW]

Big move for $USD Friday but has 200 sma ($80.63) and 38% fib ($80.68) as resistance

[ClarkW]

Wouldn't be surprised if GDX moves up nicely on Monday. ChiOsc is low on 2 hour chart plus up against possible support. Also, it's leaning against last Fib Fan line on Daily. Might be looking to get back into DUST this coming week, sold most on Friday.
Also notice how far it is away from 34 ma on 60 min (Pink line below using 1,34,1 setting on PPO)

[Al_Dente]

I believe Harapa was a victim of Sandy and is now struggling to get back online
In his absence I’ll post his 5min VIXie setup, which favored bears mid-Friday and does/will change with the winds of the short-term market
[per Harapa: “…Also, in daily mode there is no signs of improvement in the behavior of VIXies so intermediate term picture remains bearish....”

[Al_Dente]

Also, The Weather Channel, which has offered superior coverage of Sandy, has a secure link (on the right side here) to Red Cross donations,
plus they are MATCHING the donations:
http://www.weather.com/

[KeiZai]

I believe Harapa was a victim of Sandy and is now struggling to get back online
In his absence I’ll post his 5min VIXie setup, which favored bears mid-Friday and does/will change with the winds of the short-term market
[per Harapa: “…Also, in daily mode there is no signs of improvement in the behavior of VIXies so intermediate term picture remains bearish....”

The attachment 113disqharapa.png is no longer available

Thanks for charts folks, btw I am watching TRAN´s price action closely, I would say that is in consolidation process before big move (in which direction? just flip a coin but I think this is bullish consol. with short-term weakness)

any thoughts?

[Cobra]

The conclusion for this week's stock picks.
viewtopic.php?f=10&t=718&p=103094#p103094

[Cobra]

Stock picks for the next week.
viewtopic.php?f=10&t=723&p=103096#p103096

[Mr. T]

my brother passed away Wednesday evening.
conventional medical treatment all the way.
Cancer spread like wildfire once he had his first chemo and he's gone within a couple of months.

I would like to thank those that gave support.
A special thank-you to those who prayed for him.

I'm very sorry. My prayers go out to you and your family.
We lost someone in my family this last year to cancer: Diagnosed on Christmas day with Leukemia = two months later to the day..... gone.

That's some scary stuff.

[Jack12]

A week or two ago I showed a POSSIBLE bullish Gartley for Unleaded Gasoline ($GASO). It's not playing out that well so far and if negated we could see a substantial drop

I used to use them and had some major collapses, I found that they must be used in conjunction with a wave count, to me that looks like a b wave with 1down complete and a major fall commin soon

[uempel]

Uempel, isn't DAX already priced in USD?

The DAX with the "$DAX" code at stockcharts is in €, and the FDAX I trade at Eurex (kind of European CME) is also in €. There are $ denominated DAX ETFs in the US, but I don't trade them.

[KeiZai]

A week or two ago I showed a POSSIBLE bullish Gartley for Unleaded Gasoline ($GASO). It's not playing out that well so far and if negated we could see a substantial drop

I used to use them and had some major collapses, I found that they must be used in conjunction with a wave count, to me that looks like a b wave with 1down complete and a major fall commin soon

Good point Jack, here is my take