11/29/2012 Live Update

[uempel]

Hidden patterns all over the place...

[Petsamo]

My spreadsheet's predicting a gap down tomorrow if we finish at current levels

[KENA]

TG..Thanks,that's a new one for me.

[Claudio.dicorato]

If cobra have right from tomorrow we are in red arrows direct to New low

[skittlesmds]

Waiting for another politician to speak. Coming up soon.

[KENA]

Waiting for another politician to speak. Coming up soon.

Yes and they know what the mkt wants to hear.

[TraderJoe]

Out of my SPY long, lost

[Petsamo]

Waiting for another politician to speak. Coming up soon.

So you can place bets on the opposite move ?

[TWT]

SPX: We could even make the case of a rising wedge in progress

[Al_Dente]

PAGING HARAPA
When I said I’d be patient I was just kidding

The Blues: http://www.youtube.com/watch?v=oHowqKYS ... re=related

[skittlesmds]

Waiting for another politician to speak. Coming up soon.

So you can place bets on the opposite move ?

I'm short right now but negative on the position.. Looking to get out!

[Claudio.dicorato]

SPX: We could even make the case of a rising wedge in progress

This seems the same graph of cobra short term devil plan...

[Harapa]

PAGING HARAPA
When I said I’d be patient I was just kidding
The Blues: http://www.youtube.com/watch?v=oHowqKYS ... re=related

Early read:
Gapper in Upswing,
Risk of gap down < 12%

[uempel]

Long term chart of 15 years shows the action of the last two days quite nicely...

[MrMiyagi]

[uempel]

If cobra have right from tomorrow we are in red arrows direct to New low

Why are you so bearish?

[Claudio.dicorato]

I'm waiting red arrows to lower Low...

[skittlesmds]

Petsamo,

I have been getting whipsawed today. I have had some gains today but currently have a short position and unrealized loss of $600 right now. Looking at my trades for the week to see how much I want to risk before taking the loss.

[uempel]

Out of my SPY long, lost .03 each..

[Petsamo]

Petsamo,

I have been getting whipsawed today. I have had some gains today but currently have a short position and unrealized loss of $600 right now. Looking at my trades for the week to see how much I want to risk before taking the loss.

I'm thinking of getting some TZA. I can't possibly do worse than my disasters of UNG, AMD, MCP, etc