04/08/2013 Live Update

[BullBear52x]

TLT will most likely to retest the all time high.

[Mr. BachNut]

Market Neutral.
Looking to manage between neutral and short going forward.

My composite trend indicator signal went negative after the close Friday.
At this point it is vulnerable to whipsaw if we get some bullish days here.

My summation index signal is negative.
It was rebounding from an oversold condition during Friday's rally.
Typically, the McClellan Oscillator likes to rebound closer to zero before resuming trend.
So, there could be some more up ahead before more down.

My signals are saying a correction has begun.
It is possible last week's low was it but probably not.
Given the strength of the bull run however and infinite QE forever from both the Fed and the BoJ, I don't expect a correction to trend cleanly or be easy to trade.
Also, I believe SPX all time highs remain unfinished business. So, bulls will mount another charge at some point.
I'll be looking to short some high spots this week if we get them, and I'll leave some room for drawdown until a reasonable correction low gets made or my signals change.

[Al_Dente]

100 of the highest paid CEOs:
http://www.nytimes.com/interactive/2013 ... ecutivepay

[1der]

Way off topic, but it is slow:

FYI - Costco has the Panasonic Plasma P55UT50 55" 3D HDTV (no glasses included) for US$749.00 great deal, great TV. (Only In Store, not available online as far as I can tell).

I picked one up last week and have been very impressed. Some limitations on connections, and typical plasma washout in a room with lots of light. But if you have a room with light that can be controlled, it is a really good TV.

[gappy]

spy.png

[BullBear52x]

boring? here some silly target, a fight for support at 61.8 on hourly chart, I am seeing 1539 intraday for bears or 1548 for bulls from here, let see. intraday on a sell right now but if /ES trade above 1547 I will switch to longs

[L_T]

Cobra hope you don't mind me pointing out to others your non-stop model could be moving to SELL in the days ahead. It's very reliable.

[Al_Dente]

“CBOE Futures Exchange plans to expand CBOE Volatility Index (VIX index) futures trading hours … in two phases, beginning in May”
http://www.hedgeweek.com/2013/04/05/182 ... ding-hours

[Unique]

boring? here some silly target, a fight for support at 61.8 on hourly chart, I am seeing 1539 intraday for bears or 1548 for bulls from here, let see. intraday on a sell right now but if /ES trade above 1547 I will switch to longs

Boring, can't make $2 on SPY today like on Friday.

[Cobra]

rebound indeed. now key time since it's 2nd test of the morning high.

[Cobra]

Cobra hope you don't mind me pointing out to others your non-stop model could be moving to SELL in the days ahead. It's very reliable.

Sure, you can point out. members would have another story anyway. as the formal version is a little different than the trial version.

don't forget, a typical trend following system such as non-stop has below 50% winning rate. those systems rely on long lasting trend to make profit.

[BullBear52x]

boring? here some silly target, a fight for support at 61.8 on hourly chart, I am seeing 1539 intraday for bears or 1548 for bulls from here, let see. intraday on a sell right now but if /ES trade above 1547 I will switch to longs

Boring, can't make $2 on SPY today like on Friday.

LOL,

[PhilM]

Cobra, where do I find the formal version of the non-stop model?

[gappy]

Cobra, where do I find the formal version of the non-stop model?

In LIVE UPDATE NO! Make that in DAILY COMMENTARIES under HOME. Sorry.

[Cobra]

Cobra, where do I find the formal version of the non-stop model?

a simple introduction here: http://www.cobrasmarketview.com/2013/02 ... top-model/ (in the later part of the report).

the formal version will be for members only.

[Cobra]

MM target, hopefully. overall, a range day, so probably no pattern works.

[BullBear52x]

for the longer term trade beside intraday sell the rip is still going strong. so I don't hope my intraday will make more than $2 either

[Unique]

for the longer term trade beside intraday sell the rip is still going strong. so I don't hope my intraday will make more than $2 either

SPY not ES

ES 2 handles is easy!

[BullBear52x]

for the longer term trade beside intraday sell the rip is still going strong. so I don't hope my intraday will make more than $2 either

SPY not ES

ES 2 handles is easy!

I hope this long on /ES got me 5 handles that will be prenty

[Al_Dente]

currency pairs
15 min