11/09/2012 Live Update

[Al_Dente]

re: “Three Peaks and a Grass Shack”
seems lots of folks on the net are """expecting""" a right shoulder on SPY (and AAPL too)
hopefully some of our “smarty pants” boardies will give us more info on the weekend board…

[Wallstreetrader]

If the line brokes will be ugly

[Cobra]

members only update at 12:53pm
http://www.cobrasmarketview.com/2012/11 ... ay-update/

[KENA]

Paging KENA…or whomever has been updating us on George Lindsay’s “Three Peaks and a Domed House”

Here’s Dougie Kass’s fresh chart on it

http://www.ritholtz.com/blog/2012/11/th ... Picture%29

Thanks Al_D..The chart I posted earlier today is based on the 3 peaks and Domed House.

[Al_Dente]

wow on SOXL too
(too thin to day trade)

Loaded with juice AND internationals: http://etfdb.com/etf/SOXL/holdings/

[gappy]

ThreePeaksandtheDomedHouse4pm_20121108.png

Paging KENA…or whomever has been updating us on George Lindsay’s “Three Peaks and a Domed House”

Here’s Dougie Kass’s fresh chart on it

http://www.ritholtz.com/blog/2012/11/th ... Picture%29

Wow.

[KENA]

AL_D..Wouldn't that be nice if the spy would form a dome now..To early to tell.

[Al_Dente]

AL_D..Wouldn't that be nice if the spy would form a dome now..To early to tell.

Gulp
hmmmm I think I see what you mean
Retrace to june dome base at 126ish? …. OY, OY....
But it looks like a SLOW dome
hmmmmm I’m going to work on that one
Thanks dome king

[Jack12]

If the line brokes will be ugly

Like my friends sister?

[Cobra]

I won't be worried about this pullback until the ema20 blue line are decisively broken. lunch time, will be back.

[Out of Bounds]

That explains it, Al.

[Out of Bounds]

That explains it, Al.

or:
Al, that explains it.

[CH37]

Hi, Cobra,

question for you.
SPX is LL, but VIX did not have LL, any thought ?
thx...

Yes, eventually, it'll work, SPX would rise but it takes time.

thanks a lot...

[Out of Bounds]

Anyone get to trade that little Obama flutter? To fast for me. I got a little long near the bottom but only 1/10th my order.

[fehro]

messy.. sloping neckline?

[Petsamo]

2.12 million buy on SPY

[TraderGirl]

Yesterday we got ned g on RSI...currently sitting at fib fan support...ROC still sitting above bear market territory...

Two cycles I follow said we would see a low on 8th, the other around 13-15th...I guess the 8th will not be the low...

[Wallstreetrader]

ugly hs formed and actived imo !

[Al_Dente]

PAGE KENA
Here is a DOUBLE spooky honey badger
But as u say: “too early to tell”
Q: does the top/apex of the dome have to correspond to the price high, or can u draw a wacky dome whatever way u want to??

[MrMiyagi]

Already?