10/08/2013 Live Update

[MrMiyagi]

need miyagi p-p-p-p-barrrr to da moon!

No kidding.. it would be nice if 3-4 popped up, especially on SPY!

[Out of Bounds]

Internals say that this bounce could possibly turn into a squeeze

108internals3.png

YEP

[knock]

Whooppss, naughty vixie chick!

[Xian]

Obama is all over the map.

Day 1: This is about ObamaCare
Day 2: This is no big deal
Day 3: The National Parks and War Memorial! 'Merica!
Day 4: Obama will do anything to get his way (Anything— including stuff that is "no big deal"? The humanity!)
Day 5: It's about being disrespected
Day 6: It's about the deficit. Wait— wasn't this about ObamaCare? Wha???? No! We have always been at war with Eastasia!
Day 7: Super Committee! — Now w/ 30% more committee than before!

John Boehner last week: "This isn't some damn game!"
John Boehner this morning: "We need to put some points on the board"

Yeah, It's Obama who's all over the place.

[Al_Dente]

Internals say that this bounce could possibly turn into a squeeze

YEP

REALLY weak for a sqz boss…. we’ll see…..

Here’s Bill Luby’s latest today
“A History of the VIX During Recent Debt Ceiling and Sequestration Battles”
http://vixandmore.blogspot.com/2013/10/ ... nd+More%29

[Cobra]

partially fulfilled the double bottom. this pullback implies the rebound still is weak.

[BullBear52x]

I got my map out, I am going for a walk. big map to cover.

[Cobra]

phantom bar implies rebound target in the following days, I guess.

[Al_Dente]

MR MIYAGI can u confirm a monster p-bar on spy?
[edit: ooops, Cobra saw it first]

[MrMiyagi]

spy

[Out of Bounds]

MR MIYAGI can u confirm a monster p-bar on spy?
[edit: ooops, Cobra saw it first]

108pbar_png.png

I see it also. 167.51 Maybe a fat finger.

also:
VIX almost fell below 20

[Cobra]

members only update at 3:45 pm
http://www.cobrasmarketview.com/2013/10 ... ay-update/

[KENA]

need miyagi p-p-p-p-barrrr to da moon!

No kidding.. it would be nice if 3-4 popped up, especially on SPY!

Yes I got one up to 167.51 and 2 smaller ones up to 166.38 and 166.80..Let see what now happens.

[Cobra]

day low has been tested many times, so probably will breakdown on this test.

[Al_Dente]

The Wall Street Journal's Jon Hilsenrath [the alleged FED mouthpiece] has a lengthy account of how the Fed ended up sending mixed messages to the market about the future of its bond buying program. "In the three months following the June meeting, the economic reports confounded officials. The unemployment rate fell faster than expected, to 7.4% in July and 7.3% in August. But employment growth, economic growth and inflation were slower than expected. The Fed faced a dilemma: Should it focus on the drop in unemployment, or other evidence the economy remained weak and might still need support?"

Click on the first article here (it bypasses the subscription block)
https://www.google.com/search?hl=en&gl= ... EXIfkIgYCI

[stlwater]

MR MIYAGI can u confirm a monster p-bar on spy?
[edit: ooops, Cobra saw it first]

108pbar_png.png

I see it also. 167.51 Maybe a fat finger.

also:
VIX almost fell below 20

Even I got that one on TC-2000

[simpletrader]

MR MIYAGI can u confirm a monster p-bar on spy?
[edit: ooops, Cobra saw it first]

108pbar_png.png

I see it also. 167.51 Maybe a fat finger.

also:
VIX almost fell below 20

Even I got that one on TC-2000

TRIN is above 2.

[Cobra]

still think breakdown is likely.

guess that's it for today. thank you guys, I'll see you tomorrow.

before the close, please take a little time to vote for me, thanks. http://stockcharts.com/public/1684859/tenpp

[knock]

Vixie's Secret fashion show!

[Cobra]

breakdown indeed.