12/11/2012 Live Update

[KENA]

Traderjoe..Thats a good one.

[KeiZai]

Dollar is coming back ?

[fehro]

trend lines 60m SPX long term

[Al_Dente]

High Frequency Trading HFT
“…31 [HFT firms] firms dominate the [S&P 500 E-mini] market, accounting for 47% of total trading volume and appearing on one or both sides of almost 75% of traded contracts…”

http://rajivsethi.blogspot.com/2012/12/ ... uency.html

[Mr. BachNut]

anybody got something bearish to post?

or a joke?
...:}
I here the Fiscal Cliff is now a sure thing.
You heard the rumour here first!

I have now got an overbought intraday McClellan Oscillator reading.
It can get more overbought...but it is something bearish to post...

[essessme]

anybody got something bearish to post?

or a joke?
...:}
I here the Fiscal Cliff is now a sure thing.
You heard the rumour here first!

Yeah that´s why big guys are closing shorts this year (short squeeze rally) check some heavily shorted stocks

Large bearish divergence continues to build in cumulative tick (red line lower pane) but first 1448 with non ratio adjusted nymo staying under 180 (current read 120) to see a decline get started

[daytradingES]

anybody got something bearish to post?

or a joke?
...:}
I here the Fiscal Cliff is now a sure thing.
You heard the rumour here first!

I have now got an overbought intraday McClellan Oscillator reading.
It can get more overbought...but it is something bearish to post...

Thanks Bachnut!

Perhaps you could fudge one.. a slight computational error...
Corzine did it for MFGloabl....

[Al_Dente]

[save for later… it’s 20 minutes long]
AAPL
The full two part Tim Cook video interview, including comments on Apple’s role in "re-imagining TV"
http://www.ritholtz.com/blog/2012/12/ap ... Picture%29

[L_T]

My favorite chart today: LOW

Trying to print its 7th red candle in a row today while maintaining its strong uptrend.

L_T or any Elliott Waver. I have zero knowledge on EWT, my eyeball sees that as 5th wave complete. Am I way off? Probably but curious to see others opinion

That's not my area of expertise either. What I like is that it is oversold but still holding within the up trend and bouncing off of EMA 20.

[TraderJoe]

Traderjoe..Thats a good one.

[Petsamo]

I decided to help out the PHK bears by buying some PHK. I can sell at anytime but I plan to hold it for some time.
11.32, 150 shares

[daytradingES]

Large bearish divergence continues to build in cumulative tick (red line lower pane) but first 1448 with non ratio adjusted nymo staying under 180 (current read 120) to see a decline get started

I don't understand a bit of it - but if it means DOWN I'm all for it !!!
(BTW all the lines are going up - a mistake - right??)

[KeiZai]

nasdaq looks tired especially 1h & 4h candlestick

[skittlesmds]

anybody got something bearish to post?

or a joke?
...:}
I here the Fiscal Cliff is now a sure thing.
You heard the rumour here first!

This is what I am watching on the daily. I have to watch the upper trendline to see if it is bearish.

[ClarkW]

Does all this bullish price movement leading into tomorrow's FOMC meeting increase likelihood the market will be disappointed with what's said?

[Petsamo]

Does all this bullish price movement leading into tomorrow's FOMC meeting increase likelihood the market will be disappointed with what's said?

Maybe the compromise to the fiscal cliff talks will be a sell-the-news event

[Tutti]

Does all this bullish price movement leading into tomorrow's FOMC meeting increase likelihood the market will be disappointed with what's said?

...it would be a perfect set up. Suck 'em in, spit em out...

[tradematti]

as soon as i saw cobras N V N bearish call last nite i knew we goona rally big to day .

[KeiZai]

Does all this bullish price movement leading into tomorrow's FOMC meeting increase likelihood the market will be disappointed with what's said?

imo yes I will likely close pos. today and will see what happens tomorrow (just my opinion)

[Cobra]

I'm neutral here. usually the day high will be revisited, but I'm not sure if this pullback need touch the EMA20 blue line first. wait.