04/17/2013 Live Update

[stlwater]

Revised.. If LOD holds green circle also possible.

[MrMiyagi]

Here is my beef. The first target to cover the commission and the second one is a wishful profit taking point

I'd like to see either of those! The higher of course, the better..

[flrtrader]

I wanted that wash out to 1530 so I could buy... My timing model shows a low at 3:45 EST Bottom may not be in...

[stlwater]

Why does that 50DMA (SPY) reek of a bull trap?

[gappy]

Bottom fish:

junr.png

JUNR Top Ten Holdings
Alumina Ltd (AWCMF): 3.37%
B2Gold Corp (BTO): 2.71%
HudBay Minerals, Inc. (HBM): 2.53%
AuRico Gold Inc (AUQ): 2.51%
Coeur D'Alene Mines Corporation (CDE): 2.48%
Alpha Natural Resources Inc (ANR): 2.38%
Shougang Fushan Resources Group Ltd (00639): 2.16%
Sherritt International Corp (SHERF): 2.13%
PanAust Limited (PNA): 1.89%
Hecla Mining Company (HL): 1.89%
% Assets In Top 10: 24.06% For the turn only.

[Vaamsy]

Why does that 50DMA (SPY) reek of a bull trap?

I covered my shorts an hour back. It looks like a bear trap to me. Today's low is the hit of a trendline (Nov 18th, Jan and today). Am not sure if we will get to 1540 as we are all expecting before a decent bounce to 1570+

[stlwater]

Bottom fish:

junr.png

JUNR Top Ten Holdings
Alumina Ltd (AWCMF): 3.37%
B2Gold Corp (BTO): 2.71%
HudBay Minerals, Inc. (HBM): 2.53%
AuRico Gold Inc (AUQ): 2.51%
Coeur D'Alene Mines Corporation (CDE): 2.48%
Alpha Natural Resources Inc (ANR): 2.38%
Shougang Fushan Resources Group Ltd (00639): 2.16%
Sherritt International Corp (SHERF): 2.13%
PanAust Limited (PNA): 1.89%
Hecla Mining Company (HL): 1.89%
% Assets In Top 10: 24.06% For the turn only.

Looking for a very strong bounce in the coming days. My GDX long-term channel support at $27.30. Getting close.

[BullBear52x]

Here is my beef. The first target to cover the commission and the second one is a wishful profit taking point

I'd like to see either of those! The higher of course, the better..

can't lose now. win here or win bigger there.

[stlwater]

Why does that 50DMA (SPY) reek of a bull trap?

I covered my shorts an hour back. It looks like a bear trap to me. Today's low is the hit of a trendline (Nov 18th, Jan and today). Am not sure if we will get to 1540 as we are all expecting before a decent bounce to 1570+

Sure can't blame you for that.

My chart (SPX) shows something different. Either way, I can't blame you for covering. I'm shorting SOX and covered 50% at measured move. Holding the rest.. building up a short position (right or wrong).

[Cobra]

updated guess, now the red route can be excluded.

[flrtrader]

I had a go short set up at 1549 FWIW

[BullBear52x]

I think double bottom will calm more buyers, so a pull back to form double bottom will not surprise me or fail there? taking half off the table will buy double bottom this time if we get there.

[flrtrader]

I think double bottom will calm more buyers, so a pull back to form double bottom will not surprise me or fail there? taking half off the table will buy double bottom this time if we get there.

Thx, Im holding longs as stated, under water but almost ready to push the button to buy south. You seeing any convincing signs?

[BullBear52x]

I think double bottom will calm more buyers, so a pull back to form double bottom will not surprise me or fail there? taking half off the table will buy double bottom this time if we get there.

Thx, Im holding longs as stated, under water but almost ready to push the button to buy south. You seeing any convincing signs?

for the south bound continuation will be triggered at new LOD.

[Mr. BachNut]

Market Neutral.

I have been on vacation for a little over a week.
The S&P is pretty much unchanged from when I left.

Did anything happen while I was gone?

[Tabby]

Market Neutral.

I have been on vacation for a little over a week.
The S&P is pretty much unchanged from when I left.

Did anything happen while I was gone?

The most important event that had happened since you were gone that was Mr Miygai sold his ----------.

[ClarkW]

Bottom fish:

The attachment junr.png is no longer available

JUNR Top Ten Holdings
Alumina Ltd (AWCMF): 3.37%
B2Gold Corp (BTO): 2.71%
HudBay Minerals, Inc. (HBM): 2.53%
AuRico Gold Inc (AUQ): 2.51%
Coeur D'Alene Mines Corporation (CDE): 2.48%
Alpha Natural Resources Inc (ANR): 2.38%
Shougang Fushan Resources Group Ltd (00639): 2.16%
Sherritt International Corp (SHERF): 2.13%
PanAust Limited (PNA): 1.89%
Hecla Mining Company (HL): 1.89%
% Assets In Top 10: 24.06% For the turn only.

Looking for a very strong bounce in the coming days. My GDX long-term channel support at $27.30. Getting close.

You have a chart for GDX, stlwater? Here's my weekly. Looks like we ARE THERE (trendline)

[ClarkW]

Why does that 50DMA (SPY) reek of a bull trap?

I covered my shorts an hour back. It looks like a bear trap to me. Today's low is the hit of a trendline (Nov 18th, Jan and today). Am not sure if we will get to 1540 as we are all expecting before a decent bounce to 1570+

Sure can't blame you for that.

My chart (SPX) shows something different. Either way, I can't blame you for covering. I'm shorting SOX and covered 50% at measured move. Holding the rest.. building up a short position (right or wrong).

spx1.png

I'm short $SOX (past couple days) as well via SOXS and looking to partially cover. Appreciate your $SOX charts!

[MrMiyagi]

The most important event that had happened since you were gone that was Mr Miygai sold his ----------.

[Out of Bounds]

The most important event that had happened since you were gone that was Mr Miygai sold his ----------.

My cat ate that kidney. I lost all my money.