12/27/2012 Live Update

[Cobra]

members only update at 10:40am
http://www.cobrasmarketview.com/2012/12 ... ay-update/

[Cobra]

target met. this bear shall have legs. let's wait to see how first rebound goes.

[gappy]

What made these gaps?

Maybe the dividend price adjustment

That gap is not present at marketwatch.com or stockcharts.com[/quo I think you are correcto mundo. Now I don't have to worry my little reptile pea-brain about it.

[Cobra]

Cobra would this chart follow the rule of buying the first touch of EMA 20 because of the strong uptrend? Thanks.

Yes. Every time frame can follow the same rule. The key is to dodge the attacker's first blow, you FOLLOW the 2nd or 3rd counter-strike attempt. http://www.cobrasmarketview.com/h2-long ... ort-setup/

[Petsamo]

I sold my GDX for a 0.03% gain (not a typo). I bought it too early. I'll be getting the dividend, though.

Time to buy into GDX, fellas.

[Cobra]

fib info.

[Mr. T]

Miyagi!!!! P-bar us bro!!!

[doji]

Anyone has some taste of AAPL?

It's hovering around and above the 500 mark for a while...

Can't resist the temptation for a bite...

[gappy]

I sold my GDX for a 0.03% gain (not a typo). I bought it too early. I'll be getting the dividend, though.

Time to buy into GDX, fellas.

In NUGT on 12/20, cost basis 9.60, but have my doubts on miner fundamentals going forward. China gold diggers might be a play if frontrun, (very casino like). http://english.caixin.com/2012-12-27/100477531.html

[gappy]

Anyone has some taste of AAPL?

It's hovering around and above the 500 mark for a while...

Can't resist the temptation for a bite...

Almost bought in at 585 after the earnings dump. Thought this stock was a bargain at any price. Boy was i wrong. If you can see maestro Cobra's updates, you have a roadmap. After a sure bottom, I'll pick it up for the options plays.

[Petsamo]

I sold my GDX for a 0.03% gain (not a typo). I bought it too early. I'll be getting the dividend, though.

Time to buy into GDX, fellas.

In NUGT on 12/20, cost basis 9.60, but have my doubts on miner fundamentals going forward. China gold diggers might be a play if frontrun, (very casino like). http://english.caixin.com/2012-12-27/100477531.html

Miners in general (XME) are beat up relative to IWM.
GDX is in a different world, though. I might rebuy below $45. I'm thinking of playing XME today.
I also have my eye on REM & AGNC. I have way too much cash.
Maybe Santa Claus will show up ...

[Petsamo]

Anyone has some taste of AAPL?

It's hovering around and above the 500 mark for a while...

Can't resist the temptation for a bite...

Almost bought in at 585 after the earnings dump. Thought this stock was a bargain at any price. Boy was i wrong. If you can see maestro Cobra's updates, you have a roadmap. After a sure bottom, I'll pick it up for the options plays.

QQQ is AAPL with diversification. That's a joke, well sort of ...

[Petsamo]

After this downleg, I thought the DAX would have a decent-size red candlestick

[Al_Dente]

thirty min

[cheese]

Anyone has some taste of AAPL?

It's hovering around and above the 500 mark for a while...

Can't resist the temptation for a bite...

I do a few day trades on AAPL recently. Mostly shorts

[doji]

I see FCX got quite some buy after the recent 20% dive.. Some big guys are collecting chips around here..

[Cobra]

not a powerful 2nd leg down, so here's my wild-est-est-est guess for fun.

[Mr. BachNut]

Dow has one of the cleanest charts at the moment IMO.

Nicked 200 day MA this morning. A close below 200 MA is a big problem I think.

Convergence of 50 day MA and 200 is also concerning, but it should be a support zone, at least temporarily.

The red trend line is the rising bottoms line from the October 2011 low. Looks like this has been kissed goodbye with a double top and a wedge break.

Bulls have to convincingly bust the green three point declining tops line or else. Me thinks we'll flirt with it but fail.

[gappy]

af1.png

Here comes POTUS back. Malarky alert!

[Petsamo]

It's another one of those double bottoms on IWM