01/25/2013 Live Update

[BullBear52x]

now the bear XIV finally got her MACD turning.

[TWT]

$FAZ: Potential ending pattern complete

[Al_Dente]

PAGING UEMPEL

McClellan compares AAPL with RCA in the 1920s and 1930s, and also compares it to MSFT
[he must have been reading your posts]
http://www.mcoscillator.com/learning_ce ... e_and_rca/

[JFR]

Neutral.
A personal matter has had me distracted all week. So, Mr. Market has run without me.
I am not inclined to chase this at the moment and need to study things over the weekend.
Some day there will be a down day again... I think.... maybe...

My trend and summation index signals remain steadfastly up.
I have seen a handful of statistics suggesting a probable decline get blown through, which is bullish.
Looking around the web last night, I saw a lot of major top calling going on. Mr. Market will probably play with heads and bank accounts.

Yesterday was fascinating. The Street bought Apple at a big mark down (no surprise) and sold a lot of everything else at a big mark up (at least in the morning). Ka Ching!
That suggests to me that Funds feel compelled to stay fully invested chasing performance, which is bullish.
Barring a game changing event, corrections are likely to be bought and new highs are likely to be bought.
The sharks will not be released until every last $ is back in the pool.

The currency markets are also interesting.
While the $ index (UUP) hasn't been doing much, the $ has actually been rising against several currencies and gold and many commodities (oil being big exception).
The issue with the $ index is that the Euro, which is heavily weighted in the index, is rising faster than the $.
Perhaps we are shifting to a stronger $ = strong equity regime, but I have doubts.
Dr. Copper suggests otherwise. So, technically equity bull goes on but suspicion is warranted.

Sorry for the ramble...

Au contraire, the "ramble" is much appreciated ...

[Wallstreetrader]

Possible HS formation 1m. chart will work these time ?

[Al_Dente]

GDX is collapsing

[Harapa]

now the bear XIV finally got her MACD turning.

How is ST (5-15 mins) chart looking for XIV?

[TWT]

$SPX: Potential Double Top (the missing reversal pattern)

[Wallstreetrader]

GDX is collapsing

125gdx.png

The bobble, I am expecting that for long time.

[BullBear52x]

now the bear XIV finally got her MACD turning.

How is ST (5-15 mins) chart looking for XIV?

Next dip will not be bought. posted this chart last night.

[Al_Dente]

Thanks Mr. Bachnut
FYI: Often I cut/paste your gems….like for example today:
“”"Some day there will be a down day again... I think.... maybe...””"
“””The sharks will not be released until every last $ is back in the pool.”””

[Harapa]

now the bear XIV finally got her MACD turning.

How is ST (5-15 mins) chart looking for XIV?

Next dip will not be bought. posted this chart last night.

Thanks for the updated version
I am long VXX since yesterday

[BullBear52x]

GDX is collapsing

The attachment 125gdx.png is no longer available

yes, scary for GOLD Bulls, but GLD here is last buy the dip, finding best entry around here,so is SLV. last buy!
posted this chart last weekend here.

[ClarkW]

GDX is collapsing

125gdx.png

Holy Shat! That's a serious move, now -3%!

[TraderJoe]

now the bear XIV finally got her MACD turning.

How is ST (5-15 mins) chart looking for XIV?

Next dip will not be bought. posted this chart last night.

Thanks for the updated version
I am long VXX since yesterday

I am long UVXY since yesterday

[Cobra]

OR low as resistance.

[Al_Dente]

I am long VXX since yesterday

The face-ripper renko chart
I’m not worried about you Doc, as I know you have TIGHT stops and YOU HONOR THEM
I’m not ready for her just yet
[imho: NOT FOR NEWBIES, plus NOT designed for overnight holds, as mentioned a dozen times in the prospectus]
Luv u
GL

[chetas]

Cobra ,

As per the usual pattern, this dip should be bought and SPY will rally till the end of the day correct ?

or should we should have alternate plans , like if breaks neckline of DT then can go to xxxx ,oh sorry these things never happen why bother

[Wallstreetrader]

easy money lol my limit is 1504 will see, classic movie

[TraderJoe]

Cobra ,

As per the usual pattern, this dip should be bought and SPY will rally till the end of the day correct ?

or should we should have alternate plans , like if breaks neckline of DT then can go to xxxx ,oh sorry these things never happen why bother

Or, it will rally until the end of the world