12/27/2012 Live Update

[daytradingES]

SPY (Daily) 22-6-2011 - 28-12-2012C.jpg

turndate?

Thanks for the chart.

Why did you start with the low you did (versus the earlier lower low on your chart for example)?

[BullBear52x]

One nice thing to say about AAPL is the WEEKLY POS. D here. see it back in '08 trading side ways for months then take off hard.

[L_T]

I'm in IWM calls on a 1%+ down day. Ouch.

Hi LT,

I posted a review on IWM on the weekend for Clark and said that though it was in a steep uptrend the steepness was slowing (a fan of uptrend lines and that a possible top was in).
http://screencast.com/t/cgOgkkn4mbrN
Also on the weekend thread Cobra also posted something about the IWM possible top based on a weekly candle (as I recall).

NTA
IHIT

Geez I don't know if the charts/chatter on the weekend post could have been any clearer: danger for going long! Wish I had read through that. Now I'm sitting on a paper loss but I think we are very oversold now and will at least get a re-test of something higher (one of those p-bars Miyagi posted would be nice) and then I'll exit for a smaller loss and learn my lesson for the future.

[Al_Dente]

aapl
501.23 ish dome target and double bottom is pulling like a magnet
Volume does not indicate a bounce yet…..

[L_T]

VIXies Update:
Hope is good. But at the moment there is no hope for the bulls.
Sorry L_T

Any hope for a long signal soon?!? Now I need some stimulus!!!

[Al_Dente]

Aapl is going for low on day LOD
Spy is not yet
Xiv is not yet

AAPL is in 3rd time is the charm for bears. 470 is minimum target if break downs, well, WDIK?

Yes
But what I just said/showed about aapl volume not “telling” of a bottom
could just as easily be interpreted the opposite way: eg: selling volume is drying up, maybe (???)
WDIK

[daytradingES]

ES

NTA

[Al_Dente]

Oy
aapl LOD
Oy

[essessme]

Aapl is going for low on day LOD
Spy is not yet
Xiv is not yet

AAPL is in 3rd time is the charm for bears. 470 is minimum target if break downs, well, WDIK?

Agree BB I have 505.75 as critical support...cracking now

[Harapa]

VIXies Update:
Hope is good. But at the moment there is no hope for the bulls.
Sorry L_T

Any hope for a long signal soon?!? Now I need some stimulus!!!

Only hope is for a short term rebound (many indicators for equities are in oversold zone);long term signals are all for the bears.

[essessme]

For the long term bears some Christmas candy -

[Tabby]

I can't believe KFT changed to MDLZ. I must 've been sleeping while this happend.

daytrading ES,

Peace~~~

[daytradingES]

Geez I don't know if the charts/chatter on the weekend post could have been any clearer: danger for going long! Wish I had read through that. Now I'm sitting on a paper loss but I think we are very oversold now and will at least get a re-test of something higher (one of those p-bars Miyagi posted would be nice) and then I'll exit for a smaller loss and learn my lesson for the future.

Sorry for your loss.

I'm not really focused this week and so I've been sleeping in.
Not to worry - I'm sure you'll make it up on the next one.

I'll take a look at the ST chart for the short term. What was the IWM when you bought your call?

[Cobra]

good bull bar, let's see any follow through here. 100% MM target still is possible.

[Al_Dente]

I can't believe KFT changed to MDLZ. I must 've been sleeping while this happend.

daytrading ES,

Peace~~~

It was kicked out of Dow 30 (“Pluto-ed”) when it split apart
UNH replaced it in the dow, I think

[L_T]

Geez I don't know if the charts/chatter on the weekend post could have been any clearer: danger for going long! Wish I had read through that. Now I'm sitting on a paper loss but I think we are very oversold now and will at least get a re-test of something higher (one of those p-bars Miyagi posted would be nice) and then I'll exit for a smaller loss and learn my lesson for the future.

Sorry for your loss.

I'm not really focused this week and so I've been sleeping in.
Not to worry - I'm sure you'll make it up on the next one.

I'll take a look at the ST chart for the short term. What was the IWM when you bought your call?

I got in Monday at the close which I think was 83.78.

Funny looking at the chart now I actually don't like the Monday candlestick after the hollow red of Friday. I was following more of a timing model than a chart pattern which I won't be doing again as I like patterns much better.

[Me XMan]

I'm back and looking for SANTA RALLY!

Oops...did I miss it?

[MrMiyagi]

[Tabby]

I can't believe KFT changed to MDLZ. I must 've been sleeping while this happend.


It was kicked out of Dow 30 (“Pluto-ed”) when it split apart
UNH replaced it in the dow, I think

Thanks. I am speechless. I can't believe it.

[BullBear52x]

I know he will come.