02/13/2013 Live Update

[BullBear52x]

IYR and HD what a coincident?

Are you going evil on HD at (around) $68.15? Seems there should be a stop above in case counter trend doesn't play out.

This is more of mid to long term set up, stop will be when my MACD histogram turns positive. on short term swing set up, dip will be bought, I will hedge at the dip there.

[Nrsimha]

Throw it into reverse Miyagi!!!

Gears are rusted in "OVERDRIVE" my gold-laden friend.

I'm dreaming of HUGE negative P-bar.

Then I will go full evil.

[MrMiyagi]

I'm dreaming of HUGE negative P-bar.

Then I will go full evil.

The ones we did get over the past month or so on SPY were so low that I thought "NEVER!!!".
I think only one was not hit within 10 day timeframe.

[Nrsimha]

Oh, man, look at crude now.
Bottom is falling out on the minute charts.






Link added: http://www.pmbull.com/oil-price/

[Mr. T]

Throw it into reverse Miyagi!!!

Gears are rusted in "OVERDRIVE" my gold-laden friend.

They're trying to steal my gold chains......

That's ok. I swapped them with Foo's gold

[Nrsimha]

BTW, Myagi, I was thinking of pulling the trigger and buying some SCO today.

Keep a tight leash if you do.

It is Looking like $97 is once again resistance for WTIC, my wise friend.

[Cobra]

testing the day low, volume surge, so might see rebound here first but this pullback shall have legs.

[MrMiyagi]

It is Looking like $97 is once again resistance for WTIC, my wise friend.

No complaints form here

[L_T]

IYR and HD what a coincident?

Are you going evil on HD at (around) $68.15? Seems there should be a stop above in case counter trend doesn't play out.

This is more of mid to long term set up, stop will be when my MACD histogram turns positive. on short term swing set up, dip will be bought, I will hedge at the dip there.

Do you have "special" (magical) MACD settings?

[Cobra]

another possible target that has very low successful rate.

[MrMiyagi]

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[BullBear52x]

IYR and HD what a coincident?

Are you going evil on HD at (around) $68.15? Seems there should be a stop above in case counter trend doesn't play out.

This is more of mid to long term set up, stop will be when my MACD histogram turns positive. on short term swing set up, dip will be bought, I will hedge at the dip there.

Do you have "special" (magical) MACD settings?

I am simple, standard MACD on daily over lay on hourly and big guts

[Nrsimha]

Bear Trap?


Anyone have any thoughts?

[1der]

Been looking for an ES 1512.xx and possibly a 1506.xx print today. We will see.....

[BullBear52x]

Bear Trap?


Anyone have any thoughts?

breakdown is bull trap
support is a needed support that must hold.

[TraderGirl]

Bear Trap?


Anyone have any thoughts?

Astro wise tomorrow could continue the negativity...but Friday could be positive which combines with the potential count...

[Unique]

SPY...

[TWT]

$SPX: A Zig Zag off today´s hod could satisfy the required overlap (ED Project)

[Nrsimha]

Bear Trap?


Anyone have any thoughts?

breakdown is bull trap
support is a needed support that must hold.

<<breakdown is bull trap>> but head-fake (where it looks like it broke down) is "bear-trap."

[Unique]

First try at major support trend lines on SPY are usually bear traps...looking at the past 3 weeks...time to scalp SPY calls instead of AAPL now.