01/07/2013 Live Update

[MrMiyagi]

This one has volume with it.

[Me XMan]

Cashing out and wait here.

[BullBear52x]

so far NYAD, NAAD, and AMAD are pointing down. (daily)

[MrMiyagi]

so far NYAD, NAAD, and AMAD are pointing down. (daily)

I was hoping that NYMO would go up one more time to hit the upper BBand. Maybe it is done for now though, it got close, maybe close enough for a few day's worth of decline.

Oh and by the way,

!!!!POWER HOUR!!!!

[flrtrader]

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ok now what, One filling the gap on IWM and this one...

[fehro]

a little divergence possibly forming on % Stocks above the 50/200 day.. making new highs, yet SPX is not. fwiw.

[rc1269]

Gonna see another rally again...just a matter of time...[/quote]
haha really? show me the money. [/quote]

I don't think you should track bonds by charting the TLT. it just doesn't perform the same over a long timeframe. here's the 10yr tresury yield over the last 10 years. looks to me like nothing more than a little bear flag in a long term trend of lower yields. we're a long way away from confirming a breakout.[/quote]

I watch both TLT and TNX...and I use TMF to trade...but in order to trade it, you have to look at the chart of either TLT or TMF...

To me time is more important that price...so when the technicals are setting up the trade at the right TIME on the chart of what I am trading (TMF), then I trade it...I can't trade off of the 10 year treasury yield....[/quote]

i hear ya. my point being - if I and the other treasury traders see a buy signal on the 30yr, we're going to buy it, regardless of what TLT says. then TLT will be forced to rip, despite what retail flows into and out of TLT are doing. ultimately TLT is still formulated to track 20+ year treasuries, regardless of its own technical setups. if it doesn't i can just arb it all day long, just like guys do on equity ETFs. just my view. cheers[/quote]

I'm not looking to day trade TLT...I'm looking for a longer more profitable swing, so maybe we are looking at it differently...[/quote]


i could have mistaken your initial post, but i was attempting to agree with your view that longer term TLT still had another rally in it

[MrMiyagi]

Double-double

[Cobra]

ascending triangle, looks like we'll have a strong close today.

[TraderGirl]

Gonna see another rally again...just a matter of time...

haha really? show me the money. [/quote]

I don't think you should track bonds by charting the TLT. it just doesn't perform the same over a long timeframe. here's the 10yr tresury yield over the last 10 years. looks to me like nothing more than a little bear flag in a long term trend of lower yields. we're a long way away from confirming a breakout.[/quote]

I watch both TLT and TNX...and I use TMF to trade...but in order to trade it, you have to look at the chart of either TLT or TMF...

To me time is more important that price...so when the technicals are setting up the trade at the right TIME on the chart of what I am trading (TMF), then I trade it...I can't trade off of the 10 year treasury yield....[/quote]

i hear ya. my point being - if I and the other treasury traders see a buy signal on the 30yr, we're going to buy it, regardless of what TLT says. then TLT will be forced to rip, despite what retail flows into and out of TLT are doing. ultimately TLT is still formulated to track 20+ year treasuries, regardless of its own technical setups. if it doesn't i can just arb it all day long, just like guys do on equity ETFs. just my view. cheers[/quote]

I'm not looking to day trade TLT...I'm looking for a longer more profitable swing, so maybe we are looking at it differently...[/quote]


i could have mistaken your initial post, but i was attempting to agree with your view that longer term TLT still had another rally in it[/quote]

Maybe we're married....isn't that what couples do?...fight about something they agree on...

[BullBear52x]

so far NYAD, NAAD, and AMAD are pointing down. (daily)

I was hoping that NYMO would go up one more time to hit the upper BBand. Maybe it is done for now though, it got close, maybe close enough for a few day's worth of decline.

Oh and by the way,

!!!!POWER HOUR!!!!

short sellers has to be nimble, I am with you consolidate down to mid BB in couple days then move up unless it fails to regain strength.

[TraderJoe]

Maybe we're married....isn't that what couples do?...fight about something they agree on...

[MrMiyagi]

High close today, gap down in the morning?

Bets anyone?

[KeiZai]

so far NYAD, NAAD, and AMAD are pointing down. (daily)

I was hoping that NYMO would go up one more time to hit the upper BBand. Maybe it is done for now though, it got close, maybe close enough for a few day's worth of decline.

Oh and by the way,

!!!!POWER HOUR!!!!

Hoping for same I think we will get it...I am looking to reshort russell again

Tomorrow´s marketwatch headline? "Banks drag Europe stocks lower in volatile session"

Europe 600 Banks

[gappy]

High close today, gap down in the morning?

Bets anyone?

Gap down against the odds, yes. And i will short silver again at 30.40/oz for the big take down.

[Cobra]

C&H target.

[Out of Bounds]

Closed the short from earlier before the bleeding turned into a serious loss.

[Xian]

members only update at 2:51pm
http://www.cobrasmarketview.com/2013/01 ... ay-update/

Great call here Cobra. Unbelievable timing. I guess that's why you're the snake

Thanks!

[gappy]

members only update at 2:51pm
http://www.cobrasmarketview.com/2013/01 ... ay-update/

Great call here Cobra. Unbelievable timing. I guess that's why you're the snake

Thanks!

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[gappy]

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