04/25/2013 Live Update

[Cobra]

27 min to go, let's see if bulls can make another miracle which frankly nowadays bulls never lack, so bears too early to happy now.

<< let's see if bulls can make another miracle which frankly nowadays bulls never lack, so bears too early to happy now.>>

bulls?

You mean algos?

ah, I see. I've got what you mean.

[KeiZai]

OK that's it we will see what tomorrow brings but DAX looks tired here gap down would be sweet...GN all

[Cobra]

well, guess that's it for today. need see how exactly SPY/SPX closed and sometimes toss a coin before being able to call tomorrow, so no blah blah here. Thank you guys, I'll see you tomorrow.

before the close, please take a little time to vote for me. it's important as it severs as a free ad, as long as people keeping coming to this forum and occasionally someone enrolled as my member, I'd keep this forum free. Some of you do know how a real time call services would cost if it's not free. so please if possible vote for me, thanks. https://stockcharts.com/public/1684859/tenpp

[JFR]

NORMALLY, this rebound should be sold but 17 min to close now, anything is possible. I'm neutral.

Rebound sold indeed. Nice call, Cobra.

[Cobra]

well, looks like bears are using the coupon. there's no miracle today.

[Out of Bounds]

Volume was a little bit heavier than usual at the close.

[Cobra]

No one responded to me about the cycles or other possible reasons.... but given the size of this pullback is decent, I thought I would just repeat the comment....

and REMIND people about about those Thursday tops every 2 weeks!

(using IJH)

Thursday, Feb 28th 111.00 pullback on March 1st to 108.49 2.50pts

Thursday, March 14th 114.40 pullback to March 19th at 112.59 1.80pts

Thursday, March 28th 115.22 pullback to April 5th at 110.50 4.70 pts

Thursday, April 11th 115.49 pullback to 109.87 on April 18th 5.60pts

I have NEVER seen something this regular - I have NO Turning points to explain.....

ANYONE out there have any helpful perspective?

-D

I always like your post. Don't be discouraged. I post a lot everyday, most of them don't get any responses at all, right? So you're not the only one.

Thanks for your update, really!

[shaca]

1,0180 support on USD/CAD

[Zane]

what news triggered today's pull back from the highs?

[MrMiyagi]

what news triggered today's pull back from the highs?

"Bundesbank rejects OMT in opinion for top court according to Handelsblatt -- German high court ruling are due to vote on the Eurozone permanent bailout fund the ESM in June, and will rule whether it is constitutional under German law. This vote on the OMT will be alongside the vote on the ESM.

OMT was the creation of ECB to stop Italian and Spanish bond yields from rising at rapid speed again. "

[ALdaytrade]

No one responded to me about the cycles or other possible reasons.... but given the size of this pullback is decent, I thought I would just repeat the comment....

and REMIND people about about those Thursday tops every 2 weeks!

(using IJH)

Thursday, Feb 28th 111.00 pullback on March 1st to 108.49 2.50pts

Thursday, March 14th 114.40 pullback to March 19th at 112.59 1.80pts

Thursday, March 28th 115.22 pullback to April 5th at 110.50 4.70 pts

Thursday, April 11th 115.49 pullback to 109.87 on April 18th 5.60pts

I have NEVER seen something this regular - I have NO Turning points to explain.....

ANYONE out there have any helpful perspective?

-D

I always like your post. Don't be discouraged. I post a lot everyday, most of them don't get any responses at all, right? So you're not the only one.

Thanks for your update, really!

This is an interesting read on the same general topic:
http://blogs.wsj.com/moneybeat/2013/04/ ... ull-swing/

[ALdaytrade]

This chart is interesting as well:

Please note, this is NOT my chart.
https://securecdn.disqus.com/uploads/me ... iginal.jpg

[Out of Bounds]

WTF is going on with gold in the afterhours? Are we in Syria?

[stlwater]

70% Chance the market will trade lower over the next 5 weeks? That's he says and it's based on IBM's ER. Apologies if it has already been posted.

http://www.minyanville.com/business-new ... 3/id/49457

[uempel]

This is for MrMiyagi and Denali92

[uempel]

This chart is interesting as well:

Please note, this is NOT my chart, I saved it and did not provide a footnote as to where it came from or who it came from, which means that it was on another blog and did not have a name attached to it. I hope I do not get into trouble for re-posting it. One never knows these days.
https://securecdn.disqus.com/uploads/me ... iginal.jpg

ALday, do you know that one of the pillars for the success of western capitalism is strict copyright legislation Hey, you might end up in prison

(We tend to refer to the origin of a chart/spreadsheet.)

[ALdaytrade]

This chart is interesting as well:

Please note, this is NOT my chart, I saved it and did not provide a footnote as to where it came from or who it came from, which means that it was on another blog and did not have a name attached to it. I hope I do not get into trouble for re-posting it. One never knows these days.
https://securecdn.disqus.com/uploads/me ... iginal.jpg

ALday, do you know that one of the pillars for the success of western capitalism is strict copyright legislation Hey, you might end up in prison

(We tend to refer to the origin of a chart/spreadsheet.)

Thank you, I do know about copyright. That is why I correctly revealed that it was not my chart.
I guess, I did not explain myself properly, The chart, came from a person registered as "Guest" on another blog, that is what I wrote down in my footnote. Should I delete it then?

[stlwater]

This chart is interesting as well:

Please note, this is NOT my chart, I saved it and did not provide a footnote as to where it came from or who it came from, which means that it was on another blog and did not have a name attached to it. I hope I do not get into trouble for re-posting it. One never knows these days.
https://securecdn.disqus.com/uploads/me ... iginal.jpg

ALday, do you know that one of the pillars for the success of western capitalism is strict copyright legislation Hey, you might end up in prison

(We tend to refer to the origin of a chart/spreadsheet.)

Good luck enforcing Copyright infringement. Seriously good effing luck. As a publisher I can assure you that it's nearly impossible. Sure you can scare people with DMCA notices but there is not a damn thing you can do to them unless you're willing to drop 80k on a federal lawsuit.

[stlwater]

This chart is interesting as well:

Please note, this is NOT my chart, I saved it and did not provide a footnote as to where it came from or who it came from, which means that it was on another blog and did not have a name attached to it. I hope I do not get into trouble for re-posting it. One never knows these days.
https://securecdn.disqus.com/uploads/me ... iginal.jpg

ALday, do you know that one of the pillars for the success of western capitalism is strict copyright legislation Hey, you might end up in prison

(We tend to refer to the origin of a chart/spreadsheet.)

P.S. Prison? LOL! Maybe, MAYBE, if you've cost a big company millions of dollars in lost income MAYBE then... Otherwise the FBI will literally LAUGH at a blogger who phones them about copyright infringement. How do I know? Because I had a case myself where a copy of one of the books I publish was stolen and sold as PLR (private licensing rights) and we suddenly on every torrent, website, and popping up on Amazon, BN.com with different titles and covers. The FBI, after being informed of the crime argued on the person who stole from me behalf. He said what proof do you have? I said, "my book is registered with the us copyright office!" he said but how do you know this person is the one who copied it, "I said I have an email from her admitting to it!" He coughed and then said "well, we just don't have the resources for something like this..." Yeah. I could go on and on and on.. but you get the idea. I wouldn't worry about it.

I don't mean to sound harsh but you've hit a button with me and I'm just a tad bit resentful. Ideally nobody would infringe or plagiarize someone's work but it happens and I just thought a splash of reality was in order. I suppose I shouldn't argue against it, folks having a healthy fear of repercussions is about the only thing stopping rampant infringement.. it's a real problem and dates back to the 18th century.

[TWT]

$EURUSD: The pattern is corrective. Maybe a ZZ with an ED wave (c)