11/13/2012 Live Update

[toddymc]

highly speculative at this point. Invs H&S?

Hope you're right ... I fell asleep right before the open..didn't get a fill on these calls ...yet.-- SH****T!

[Out of Bounds]

Shorting just because of Al's hate.

[moreno]

Be very careful because we have the same information from many sources and there are unconfirmed rumor ransom demand by Spain imminently.

[TWT]

USD INDEX: The SPX wave (B) bounce should be aligned with a wave (B) pullback of the USD Index

[Mr. BachNut]

Saw this chart the other day..SKEW/VIX comparison...is anyone able to reproduce to update??

The whole idea is that we would not see a bottom until we reach 4.5. Wondering what this chart looks like for the last three years..??

Al, you are the pro....???

Interesting chart TG. Thanks.

There is something going on with VIX. I am not sure what, but it seems like it should have popped more in the recent decline.
This would have brought SKEW/VIX ratio down. Then again maybe the pop is yet to come.

Check out how realized vol rose from mid-October relative to implied vol.

[Al_Dente]

Shorting just because of Al's hate.

but i luv GDX for "sell the rips"

[ps clarkw: “channel”]

[Al_Dente]

OOB: forgot to thank u for div yesterday
That was a cool site which I saved to peruse at a later date
(peruse? wtf)

[fehro]

There is a turn Tues night or Weds....FOMC minutes are tomorrow...

I see negativity into the 15th, so my chart showed a bounce at end of day today or overnight, maybe it came a day early...my charts have been a day off lately...but the astro's are negative on the 15th, my chart says another low is coming, and there is a turn tonight or tomorrow...

New moon today... Full moon/New moon daily chart fwiw.

[ClarkW]

Shorting just because of Al's hate.

but i luv GDX for "sell the rips"

[ps clarkw: “channel”]

1113gdx.png

Sorry, in and out today, but you and I are on the same page Dr. Al!

[Cobra]

H4 or H2 long on EMA20, let's see.

[Out of Bounds]

Closed Al's angry short. Thanks Al!

[Al_Dente]

This is dick arms “equivolume” type chart
Volume is built into each price bar
When the price bars “schrinch” together it means those bars aren’t getting much volume
Like now, the bars aren’t getting much selling volume
Conversely big fat bars mean big fat volume

More on equivolume here: https://stockcharts.com/school/doku.php ... equivolume

[L_T]

This is dick arms “equivolume” type chart
Volume is built into each price bar
When the price bars “schrinch” together it means those bars aren’t getting much volume
Like now, the bars aren’t getting much selling volume
Conversely big fat bars mean big fat volume

More on equivolume here: https://stockcharts.com/school/doku.php ... equivolume

1113dickarms.png

To me that chart supports Cobra's EMA20 long (intraday). Interesting perspective on volume either way.

[Al_Dente]

CLARKW
Here’s how I see channels
First clue is BREAK of previous channel (blue circle)
Then it starts tagging (or almost tagging) the new channel (red arrows)
But I think a decent MA or two can tell the same thing
Plus a lot depends on yr timeframe
We b very short term

[ClarkW]

Here's my 30 min. chart on GDX.
My expectation is it's nothing more than another short-term pop but tomorrow begins QE3 and I believe seasonality is favorable for metal bulls so we shall see

[Cobra]

failed H4 long, now H5 long, it's rare for a strong up day to fail on H2 long at EMA20. strange. wait.

[Xian]

Also FYI
i hate this rally
hate the vixes
am quite on the fence about the shite internals today
nyadv = 1500
nydec = 1300
luv this board

Al, you've been a bit more saucy with your spaghetti lately— like it.

"I'm mad, like Sonny Liston":

http://www.youtube.com/watch?v=XpXPcnKWztU

[uempel]

Log chart has a slightly different trend line than the numerical, but bears don't want the 1392 - 1404 area to be busted. I'm also watching the 1400 level due to Friday's expiry, max puts at this level (chart schaeffersresearch)

[MrMiyagi]

SPY oversold 10 minute. 138.50$ here it come..

[Al_Dente]

PAGING RUSROD
I only get 20 days on 5min charts
But when I click “past data” from the 5min page, I get a zillion numbers from today back to 1993
BUT IT IS DAILY DATA, NOT 5MIN DATA
Then they give me the option to download it daily weekly monthly
This is just the bottom part:
Columns are: open/high/low/close/volume on SPY
[does that help?]