12/19/2012 Live Update

[Harapa]

HARAPA
Off topic:
Note my oldie-but-goodie 5min renko longed on 12/17 also, and is happy long here…for now….can change quickly…..

1219renko.png

Could you exchange SSO with XIV on this chart.
I got a sell for XIV.

u mean exchange it on my RENKO or what?

yes , make Renko for XIV

[MrMiyagi]

SPY 60 min channel. Courtesy of Gann360.

[Cobra]

ok, double top target. not sure. and key time, if breakdown, we'll have H&S top and target.

[Jupiter]

HARAPA
Off topic:
Note my oldie-but-goodie 5min renko longed on 12/17 also, and is happy long here…for now….can change quickly…..

1219renko.png

Could you exchange SSO with XIV on this chart.
I got a sell for XIV.

Harapa, what's the support on XIV for good entry? Thx.

[TradersF]

Just exited my TNA long.
Things feel a bit toppy here.

[daytradingES]

Some thoughts on FLSR

http://screencast.com/t/88k99XFRGj

NTA
IHIH

[Harapa]

HARAPA
Off topic:
Note my oldie-but-goodie 5min renko longed on 12/17 also, and is happy long here…for now….can change quickly…..

1219renko.png

Could you exchange SSO with XIV on this chart.
I got a sell for XIV.

Harapa, what's the support on XIV for good entry? Thx.

Sorry Boss, I only trade SPY/IWM family with the guidance of VIXies. So have no clue of support/resistance for XIV.

[Al_Dente]

HARAPA...Off topic:...Note my oldie-but-goodie 5min renko longed on 12/17 also, and is happy long here…for now….can change quickly…..

Could you exchange SSO with XIV on this chart. I got a sell for XIV.

u mean exchange it on my RENKO or what?

yes , make Renko for XIV

Girl has her own renko with her own settings
Sell
But she’s always secondary to SSO,SPY
Why?
Because occasionally the options traders and futures-volatility traders are wrong
While SPY,SSO is never wrong

[Harapa]

PAGING BB52X
HA ribbon on 3 minute "ding ding" looks better than the original bars.
Are you now sell the rip?

[Harapa]

Because occasionally the options traders and futures-volatility traders are wrong
While SPY,SSO is never wrong

True, that is why we have the EMA of the price, "Price is the King", unless you want to trade XIV.
Thanks for the chart.

[TraderGirl]

TNA....in terms of symmetry, 22 bars from the low on June 4 yielded a ST top...we are at 22 bars again...and a resistance point...

[fehro]

Press Conference at 2:15PM ET with Speaker Boehner.

http://www.reuters.com/article/2012/12/ ... 0L20121219

[Al_Dente]

Because occasionally the options traders and futures-volatility traders are wrong
While SPY,SSO is never wrong

True, that is why we have the EMA of the price, "Price is the King", unless you want to trade XIV.
Thanks for the chart.

DOC
I have the teenager on site…… he says I gotta go down while he tinkers w computer
Don’t front-run your own dang set-up
Eat bon bons and wait for confirmation
We’ll know REAL soon
So what if we miss a point or…….
C u later

[BullBear52x]

PAGING BB52X
HA ribbon on 3 minute "ding ding" looks better than the original bars.
Are you now sell the rip?

Yes, sell the rip mode is on.

[flrtrader]

http://speaker.gov/live

[gappy]

silv.png

Out last DSLV. No bounce and I'll short it again. http://www.youtube.com/watch?v=sS-MPx06Mm8

[TraderJoe]

John Boehner Gives One Minute Fiscal Cliff Press Conference, And Then Storms Off Without Taking Questions

[flrtrader]

What the heck did he say! I was watching live feed and saw NADA

[Cobra]

not a valid breakdown yet, wait. I consider the double top target met though.

[TraderJoe]

In one of the strangest moments of the fiscal cliff debate so far, House Speaker John Boehner delivered an abrupt statement Wednesday, warning President Barack Obama to "get serious" about negotiations.
The 50-second "press conference" was which Boehner plans to bring to a floor vote, would extend the Bush-era tax cuts for everyone making under $1 million — far above the $250,000 income threshold demanded by President Barack Obama. It's a tactical move by the Speaker, who has been frustrated with the pace of negotiations with the White House.
On Wednesday, the White House slammed the strategy, blasting out a four-page analysis of the "Plan B" legislation for not going far enough to help the middle class, and for "perversely" leaving out any spending cuts. Obama confirmed Wednesday that he would veto the bill.
Boehner's office has hit back, calling the White House's opposition to the bill "bizarre and irrational."
But Boehner's "Plan B" has also come under serious fire from conservatives in his own party who oppose any increase in marginal tax rates. Both Heritage Action and the Club For Growth — two major grassroots conservative groups — sent memos to Republican members of Congress Wednesday, urging them to vote against "Plan B."
Democrats have also signaled that they won't vote for the bill, despite having proposed similar legislation themselves earlier this year.
"You can't turn back the clock," New York Sen. Chuck Schumer, the third-ranking Democrat in the Senate, said Wednesday. "The political landscape has changed. The Pres. ran on $250k."