bullbear12
Posts: 20 Joined: Fri May 25, 2012 10:38 am
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by bullbear12 » Fri Jan 11, 2013 4:49 pm
INDU vs GE
CALLING FOR A TOP
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BullBear52x
Posts: 29596 Joined: Tue Feb 22, 2011 3:47 pm
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by BullBear52x » Fri Jan 11, 2013 4:49 pm
This double top is tempting, well, bulls is not as strong I would hope for, histro tells tell here.
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My comments are for entertainment/educational purpose only. NOT a trade advice.
MrMiyagi
Posts: 10328 Joined: Sun Oct 16, 2011 12:48 pm
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by MrMiyagi » Fri Jan 11, 2013 4:51 pm
Cobra wrote: MrMiyagi wrote: Any opinions on oil?
good, but better wait to buy pullback.
Thanks Cobra.
Cobra
Site Admin
Posts: 58538 Joined: Sat Feb 12, 2011 10:29 pm
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by Cobra » Fri Jan 11, 2013 4:51 pm
green close please.
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JFR
Posts: 10177 Joined: Sun Dec 02, 2012 7:24 pm
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by JFR » Fri Jan 11, 2013 4:51 pm
MrMiyagi wrote: Any opinions on oil?
Anyone?
Just closed out a slight winning position on USO. Dunno what to expect ...
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Last edited by
JFR on Fri Jan 11, 2013 4:55 pm, edited 1 time in total.
Charts posted are not recommendations. They are just a sharing of information.
TraderGirl
Posts: 5028 Joined: Thu Dec 22, 2011 2:47 pm
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by TraderGirl » Fri Jan 11, 2013 4:54 pm
MrMiyagi wrote: Cobra wrote: MrMiyagi wrote: Any opinions on oil?
good, but better wait to buy pullback.
Thanks Cobra.
UCO... I posted this chart earlier today...
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Cobra
Site Admin
Posts: 58538 Joined: Sat Feb 12, 2011 10:29 pm
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by Cobra » Fri Jan 11, 2013 4:55 pm
well, guess that's it for today. Please check
http://www.cobrasmarketview.com , top right side, the Trader's Calendar for the next week's seasonality. Thank you guys, I'll see you tomorrow.
Before the close, please take a little time to vote for me, thanks.
https://stockcharts.com/public/1684859/tenpp
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Like to read more of my commentaries? Please subscribe my Daily Market Report .
Subscribers can find all the members only posts HERE .
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MrMiyagi
Posts: 10328 Joined: Sun Oct 16, 2011 12:48 pm
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by MrMiyagi » Fri Jan 11, 2013 4:56 pm
Thanks,
I wrote a small amount of SCO February 37 puts.
SigmaEcho
Posts: 286 Joined: Fri Apr 08, 2011 12:09 pm
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by SigmaEcho » Fri Jan 11, 2013 4:56 pm
Cobra wrote: now bears best hope is a green close today. I'll explain to members if indeed.
DAX already knows next move?
not making new highs since first day of 2013.
[pyramid scheme algo's already have the direction.
I want You(r) (Money)!]
Last edited by
SigmaEcho on Fri Jan 11, 2013 4:57 pm, edited 1 time in total.
BullBear52x
Posts: 29596 Joined: Tue Feb 22, 2011 3:47 pm
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by BullBear52x » Fri Jan 11, 2013 4:57 pm
I am back in selling FAS
TNA and FAS over the weekend the evil way.
KeiZai, /NG 3.35 is needed to break through.
Have a great weekend everyone.
My comments are for entertainment/educational purpose only. NOT a trade advice.
skittlesmds
Posts: 592 Joined: Thu Aug 30, 2012 3:58 pm
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by skittlesmds » Fri Jan 11, 2013 4:57 pm
Thanks for a great week, Cobra. Thanks to everyone that posts on this board. Have a great weekend, everyone
JFR
Posts: 10177 Joined: Sun Dec 02, 2012 7:24 pm
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by JFR » Fri Jan 11, 2013 4:59 pm
Thanks, Cobra.
Good week. Just voted.
Charts posted are not recommendations. They are just a sharing of information.
MrMiyagi
Posts: 10328 Joined: Sun Oct 16, 2011 12:48 pm
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by MrMiyagi » Fri Jan 11, 2013 5:02 pm
My brain hurts
Thanks everyone for your contributions, enjoy your weekend.
Tabby
Posts: 924 Joined: Tue Feb 15, 2011 5:09 pm
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by Tabby » Fri Jan 11, 2013 5:09 pm
MrMiyagi wrote: My brain hurts
Thanks everyone for your contributions, enjoy your weekend.
Not to get political here. I think as long as there is sanction on Iran, price of oil won't go up very much due to more supply.
MrMiyagi
Posts: 10328 Joined: Sun Oct 16, 2011 12:48 pm
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by MrMiyagi » Fri Jan 11, 2013 5:14 pm
Tabby wrote: Not to get political here. I think as long as there is sanction on Iran, price of oil won't go up very much due to more supply.
Good point. I think it is probably a part of the reason, another one is that US is keeping a fat finger on the price rise to retard inflation.
Tabby
Posts: 924 Joined: Tue Feb 15, 2011 5:09 pm
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by Tabby » Fri Jan 11, 2013 5:28 pm
MrMiyagi wrote: Tabby wrote: Not to get political here. I think as long as there is sanction on Iran, price of oil won't go up very much due to more supply.
Good point. I think it is probably a part of the reason, another one is that US is keeping a fat finger on the price rise to retard inflation.
US oil production has been up since September, See the chart in this site,
http://www.hardassetsinvestor.com/weekl ... -cuts.html
It is possible oil stocks go up and down due to the pump and dump, I would be very cautious on oil and Gold, imo.
Have nice weekend all.