03/13/2013 Live Update

Post by **Cobra** » Wed Mar 13, 2013 2:13 pm

Kato wrote:TSX down move accelerating

Interesting divergence with SPX

Screen Shot 2013-03-13 at 2.06.38 PM.png

Hmm, indeed. I actually read (read-ed I mean) the TSX chart as bullish, now it looks like a Double Top but still bulls have 50% chances until the range broken.

MrMiyagi · Post by **MrMiyagi** » Wed Mar 13, 2013 2:13 pm

Kato wrote:TSX down move accelerating
Interesting divergence with SPX

TSX is heavily weighted with commodities, namely gold miners.

uempel · Post by **uempel** » Wed Mar 13, 2013 2:14 pm

Last chart for today

StudentBill · Post by **StudentBill** » Wed Mar 13, 2013 2:15 pm

I think XIV will push up over the red andrew fork line here.

Out of Bounds · Post by **Out of Bounds** » Wed Mar 13, 2013 2:16 pm

tsf, see that low at 1PM? If we fall, that should act as support and let you out of your position with a very small loss. Put your limit order in now and adjust the price later according to any change in expectations. If we break to the upside, then you may be stuck for some time.

Good luck.

Denali92 · Post by **Denali92** » Wed Mar 13, 2013 2:19 pm

Ok - was asked about when do MAJOR TOPS occur in opex - there have been 19 of them since Jan 2007 - though none in the month of March.

Info is here in the comments:

http://www.cobrasmarketview.com/2013/03 ... ay-update/

-D

MrMiyagi · Post by **MrMiyagi** » Wed Mar 13, 2013 2:21 pm

White smoke, new Pope, same mentality.

Kato · Post by **Kato** » Wed Mar 13, 2013 2:22 pm

MrMiyagi wrote:
Kato wrote:TSX down move accelerating
Interesting divergence with SPX

TSX is heavily weighted with commodities, namely gold miners.

Agree - golds getting hit today, but other sectors also selling off

Unique · Post by **Unique** » Wed Mar 13, 2013 2:22 pm

http://online.wsj.com/article/BT-CO-201 ... 13452.html

http://www.sacbee.com/2013/03/12/525653 ... ading.html

Mini Options gonna launch on the 18th next week, free commissions, this is gonna be fun.

Post by **Cobra** » Wed Mar 13, 2013 2:24 pm

the pullback is too large. if bulls are lucky to have another push up then it might be the last push up and it may not make a new day high.

Out of Bounds · Post by **Out of Bounds** » Wed Mar 13, 2013 2:27 pm

short 156.02

Post by **Cobra** » Wed Mar 13, 2013 2:27 pm

bulls need pray for the last push up.

Post by **Cobra** » Wed Mar 13, 2013 2:29 pm

: praying-cat1.jpg (40.66 KiB) Viewed 3272 times

Post by **Cobra** » Wed Mar 13, 2013 2:31 pm

you should see how I pray here: http://www.youtube.com/watch?v=eB-2v4nhmc0

fehro · Post by **fehro** » Wed Mar 13, 2013 2:32 pm

SPX 15m in the wedge... still one more pop up?

Out of Bounds · Post by **Out of Bounds** » Wed Mar 13, 2013 2:32 pm

Snake will make you pray!

MrMiyagi · Post by **MrMiyagi** » Wed Mar 13, 2013 2:34 pm

Cobra wrote:you should see how I pray here

Ahahaaa... how cute...

gasprice · Post by **gasprice** » Wed Mar 13, 2013 2:35 pm

Questions:

1. Who will predict the next 10 point move in the Dow?
2. Will my profits on that trade even exceed the commissions?

fehro · Post by **fehro** » Wed Mar 13, 2013 2:38 pm

MrMiyagi wrote:White smoke, new Pope, same mentality.

it's a sell the news moment

Nrsimha · Post by **Nrsimha** » Wed Mar 13, 2013 2:42 pm

Prayer..... worship ...

Jaya jaya Sri Nrsimhadeva !!!

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03/13/2013 Live Update

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