03/12/2013 Live Update

[L_T]

Well. Remember fellas, this first drop will be bought so don't go shorting at the bottom.

Please define "bottom"

That place where you change your mind only to find you were right before.

Love that.

[Harapa]

/NQ H&S

Is XIV still buy the dip?

for short term swing set up yes,

Thanks. I like it.

The most important gauge for XIV is this. Vixies MA

This too.
Cross get ready, kiss back go.
Adaptation of StudentBill chart
15 minute chart

[Cobra]

members only update at 11:48 am
http://www.cobrasmarketview.com/2013/03 ... ay-update/

[Cobra]

members only update at 11:54 am
http://www.cobrasmarketview.com/2013/03 ... ay-update/

[Cobra]

biggest bull bar on volume surge, so might see pullback here. If I say this bear has legs, how many of them would make fun of me?

[Cobra]

OK, forget what I said. this bear has no legs.

[fehro]

SPX 5m

[Unique]

SPY: That was fun..now we're back at backtest resistance

[Cobra]

still expect a pullback here though, if cannot make a decisive new low then bears indeed are over again.

[champix]

GMA,
Crude up 1%... Let see if any short here could be a good idea...

My prayers are with you.
viewtopic.php?f=2&t=850&start=120#p121769

Thx Harapa. Intraday : short @ 93.21 stop @ 93.39 tp @ 92.60... finger crossed...

Pullback indeed... then strong rebound....tssssss, closed position @ 92.97 for 24 cents gain...
(NB : we saw 93.47 high, so with a stop loss placed in the market, I would have been stoped... then we saw 92.66, 3 cents above my limit... a lot of pain for small reward, be trully carefull when dealing with commos...)
I am off, GLTA.

[BullBear52x]

Bottom shoper TLT got a bullish price reversal today. not yet a buy for me, next dip on RSI + price HL will be a go

[Harapa]

a lot of pain for small reward.

Now you know why I offered you my prayers. In my mind you were running against a very good signal of mine. Credit goes to signal, not to me. I am just its slave.

[Nage]

still expect a pullback here though, if cannot make a decisive new low then bears indeed are over again.

if indeed the bull will take over, it will be similar to your 15 min chart on mar 11
which is likely

[Nage]

Bottom shoper TLT got a bullish price reversal today. not yet a buy for me, next dip on RSI + price LH will be a go

thank you, am watching it closely the TLT to jump in.

[billrider321]

Harapa,

Were you stopped out of XIV as per M05 setup. I am thinking of reentering if the setup presents itself.

Thanks
Bill

[Harapa]

Harapa,

Were you stopped out of XIV as per M05 setup. I am thinking of reentering if the setup presents itself.

Thanks
Bill

Short answer NO.
Why?
Look at the chart I posted for VXV:VIX ratio for an answer.
viewtopic.php?f=2&t=851&sd=d&sid=63fbff ... 28#p121841
This is also an answer to your comments on my blog.

[BullBear52x]

Bottom shoper TLT got a bullish price reversal today. not yet a buy for me, next dip on RSI + price LH will be a go

thank you, am watching it closely the TLT to jump in.

I meant to say HL fast fingers

[StudentBill]

[quote="HarapaCross get ready, kiss back go.
Adaptation of StudentBill chart
15 minute chart[/quote]

Hmm... I don't see much of mine in there but what ever you can take and improve you're welcome to it. Yesterday I mentioned an "indicator" telling me to buy vxx. Well It's really supposed to be an EOD indicator and I jumped the gun and mistimed it. It's the spx:vix part of the chart. i am looking for bodies completly out of the kelter channels looking for extremes. I need to improve the filtering process but It, or something like it has potential I think.

[Unique]

SPY Update

[Cobra]

pullback indeed, now key time, if cannot make a decisive new low, then bears are over.