05/20/2013 Live Update

[uempel]

Presumably quite an important day and nobody posting here - or is everybody busy opening up short positions

ES is moving new highs already...

So much resistance up at 1667 - I don't think it will be pierced these next days. I see SPX lingering in 1650 area until Bernanke talks on Wednesday 10:00 a.m.

Interestingly DAX is at an interesting pivot too - 1000 points above its 7420 low a few weeks ago.

Whatever, I'm glad that a bit of nervousness is crawling back into the market - I don't like those boring days when the market cruises to new highs, I prefer volatility

[jarbo456]

Thanks for setting up the investors lounge. NOW LET's GET SOME PEOPLE IN THERE!

Where do you click to get in..Thanks

viewtopic.php?f=11&t=926&p=130956#p130956

What's that?

Longer term/long term investors lounge.

I'm personally interested in both investments under 1 year, as well as enterprise value, asset based value, and or special situations type investment opportunities. Share your ideas.

[jarbo456]

looks like AAPL is about to change the medium term direction back to up.

[Richarab]

Presumably quite an important day and nobody posting here - or is everybody busy opening up short positions

ES is moving new highs already...

So much resistance up at 1667 - I don't think it will be pierced these next days. I see SPX lingering in 1650 area until Bernanke talks on Wednesday 10:00 a.m.

Interestingly DAX is at an interesting pivot too - 1000 points above its 7420 low a few weeks ago.

Whatever, I'm glad that a bit of nervousness is crawling back into the market - I don't like those boring days when the market cruises to new highs, I prefer volatility

you certainly have been excited about this resistance.. i love the enthusiasm (charts).. naturally i am heavy short, which is the leading indicator that more up is not just possible but likely...

[Unique]

BIDU BREAKOUT!!! ASK QUESTIONS LATER, TRADE NOW

Is your target gap resistance at 99.65?

Yes, but bidu is a battered and bruised stock so it's higher risk than trains like goog and pcln.

[jarbo456]

GOOG revisit to previous high. Still heavily long via $910 call options - hope no double top here.

[Unique]

AAPL Update - Need a 5min Close above 441, next level is 445 then 450. Patience pays well

[Unique]

GOOG revisit to previous high. Still heavily long via $910 call options - hope no double top here.

Lol, rocket has been a train since the 818/826 breakout

[uempel]

Me excited? I'm just convinced - and if this level is broken soon I'm kind of clueless and my neat little systems are out of order. I'm not calling for a huge correction here, but my analysis says that SPX should make a pause now What I also like about 1667 is that hardly anybody sees it as a temporary top..

Presumably quite an important day and nobody posting here - or is everybody busy opening up short positions

ES is moving new highs already...

So much resistance up at 1667 - I don't think it will be pierced these next days. I see SPX lingering in 1650 area until Bernanke talks on Wednesday 10:00 a.m.

Interestingly DAX is at an interesting pivot too - 1000 points above its 7420 low a few weeks ago.

Whatever, I'm glad that a bit of nervousness is crawling back into the market - I don't like those boring days when the market cruises to new highs, I prefer volatility

you certainly have been excited about this resistance.. i love the enthusiasm (charts).. naturally i am heavy short, which is the leading indicator that more up is not just possible but likely...

[Richarab]

Well your analysis is convincing let's see how this plays out, as we do B-)

[jarbo456]

Me excited? I'm just convinced - and if this level is broken soon I'm kind of clueless and my neat little systems are out of order. I'm not calling for a huge correction here, but my analysis says that SPX should make a pause now What I also like about 1667 is that hardly anybody sees it as a temporary top..

Presumably quite an important day and nobody posting here - or is everybody busy opening up short positions

ES is moving new highs already...

So much resistance up at 1667 - I don't think it will be pierced these next days. I see SPX lingering in 1650 area until Bernanke talks on Wednesday 10:00 a.m.

Interestingly DAX is at an interesting pivot too - 1000 points above its 7420 low a few weeks ago.

Whatever, I'm glad that a bit of nervousness is crawling back into the market - I don't like those boring days when the market cruises to new highs, I prefer volatility

you certainly have been excited about this resistance.. i love the enthusiasm (charts).. naturally i am heavy short, which is the leading indicator that more up is not just possible but likely...

Well if VMW is any indicator of market beta, then it's saying we're about to drop. LOL

[Cobra]

the consolidation pattern is bullish.

[uempel]

Well your analysis is convincing let's see how this plays out, as we do B-)

Well, let's see. And for visitors who did not check in on the weekend here one of the charts Richarab and I are referring to:

[Denali92]

We are definitely due for the opex turn - no later than Wednesday and generally when it is post opex it is Monday or Tuesday - Given every Tuesday (save for one) have been up this year - I am sure everyone is comfortable with the idea that there is no need to sell today - though possibly tomorrow....

The post opex Tuesday high that no one remembers??? August 25th, 1987

The most famous Tuesday post opex LOW that no one remembers as post opex? October 20th, 1987

Not that I am comparing this market to 1987 - just thought I would provide a little post opex turning point history....

-D

Me excited? I'm just convinced - and if this level is broken soon I'm kind of clueless and my neat little systems are out of order. I'm not calling for a huge correction here, but my analysis says that SPX should make a pause now What I also like about 1667 is that hardly anybody sees it as a temporary top..

Presumably quite an important day and nobody posting here - or is everybody busy opening up short positions

ES is moving new highs already...

So much resistance up at 1667 - I don't think it will be pierced these next days. I see SPX lingering in 1650 area until Bernanke talks on Wednesday 10:00 a.m.

Interestingly DAX is at an interesting pivot too - 1000 points above its 7420 low a few weeks ago.

Whatever, I'm glad that a bit of nervousness is crawling back into the market - I don't like those boring days when the market cruises to new highs, I prefer volatility

you certainly have been excited about this resistance.. i love the enthusiasm (charts).. naturally i am heavy short, which is the leading indicator that more up is not just possible but likely...

[Unique]

GS broke 159.

[Cobra]

breakout as expected. here's the target.

[Unique]

AAPL Update - Need a 5min Close above 441, next level is 445 then 450. Patience pays well

We're here at first resistance, good job bulls.

[fehro]

SPX 15m not loving those bearish rising wedge lines I drew, too messy.. but there they are. Anyhow.. ascending triangle target still higher... red dashed.

[fehro]

oh, and still in the longer blue channel... SPX 15m, 1 month.

[Unique]

GS broke 159.

Train indeed. XLF cleared 20 as well.