11/13/2012 Live Update

[uempel]

Overview with bearish bias - bye guys, I earned my money in the early morning and I'm tired now...

[Auole]

ClarkW, all goldbugs, between TDamerTOS and Firefox, I have to conserve satellite giga stuff; back woods mountain Ltd. Ugh. Thus can't blog much.
Here's where think I'm at on GDX.
See notes on charts.
TICK on gold (8 min. ago). Did move down. OOPS Silver...gold doing the same.
GDX hourly.
GVX -
CBOE's gold volatility. I'm th thinkin' it's about to reverse....

[uempel]

Did someone here just say QE3 starts tomorrow??! Please confirm

That was me. A couple people mentioned it here over the past couple weeks, don't know who. Here is an article http://www.minyanville.com/business-new ... ?page=full

Buy the news, sell the execution?

[Al_Dente]

ATTENTION BEARS
Need to sell more here
Go for it already
Quit dickin’ around
U got the ball (s)
This is not the time for a double bottom or sqz attempt

[Harapa]

PAGING AL
I think I figured out how to interpret signals given by your girlfriend. For long you go if price is in positive momentum (ribbon behind price and HA bar below are white), for short it doesn't matter. Entries marked with * are no go signals!
OK for trading but performance 50% of CCI setup with no improvement in win/loss ratio.
Settings in your PM
Comments

[TraderGirl]

Tomorrow is also FOMC minutes which have been moving markets...

...downwards...?

this is possible..Dow sitting at a support...we haven't pulled back to 61% fib yet..we have negativity into the 15th, so this is my "possible" projection...depends on the kind of rally we get after the 15th into the 20/21st...IMHO...

[Cobra]

small double bottom here? wait.

[Out of Bounds]

small double bottom here? wait.

The mrket reacted to your post.

[Cobra]

double bottom indeed. tinted area the target.

[Al_Dente]

AAPL tests low and then flags up to 50ema resistance

[Daniel-David]

Both SLV and GLD exactly at daily VWAP. Metals market is consolidating, intraday.

[jarbo456]

hey Petsamo...

i see you're looking at some of those high yielding mREITs...

besides saying the space has some major macro overhangs...i do own a couple of those names.

i'm digging CYS as my pick after doing some leg work in the space.

take a look...i know you're a pure yield hunter, and it gives you that.

[Cobra]

members only update at 1:25pm
http://www.cobrasmarketview.com/2012/11 ... ay-update/

[usctrojan99]

AAPL tests low and then flags up to 50ema resistance

1113aapl.png

If it can break up $552-555, I may consider going long. But there is signficant resistance at starting $570, $585..won't be easy.

[Cobra]

I consider double bottom target met. will need see another pattern before calling the next. lunch time, will be back.

[TraderGirl]

Last Apple correction in 2008/2009 had a correction into the 61.8% fib retracement, from the beginning of wave to the high

[Al_Dente]

PAGING HARAPA
Thanks doc
I need 2 study it more
Right now I’m heading out to my favorite joint:

free beer.png (326.39 KiB) Viewed 3010 times

[TraderGirl]

That same 61% retrace takes Apple to $320 eventually....

[rusrod]

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
[does that help?]

Thanks, Al. I was trying to find a source of long history of 5min data for some backtesting. Thanks for checking.

You can get upto 6 months of intraday historical data for free from here.
http://www.stockrageous.com

Thanks, Harapa! For some reason it wouldn't give me RUT but I did get last six months of IWM.

[TraderGirl]

Apple currently consolidating around support...

Still has additional support around 515-520 should it break support...