04/05/2012 Live Update

[soku]

uempel, where are u going for vacation? i may go to UK the week after.

i am thinking of a quick short before lunch. the bulls played terribly. i will watch 1392 for the plan.

[stucap]

Bulls look to be finding some support here.....

[grachu]

cobra could you be so kind to comment on the QQQ. ...???

[knurbs]

If Appl breaks through the approaching mild resistance at 634ish it will likely jump to 640 in short order. Of course, a six point move for Apple is nothing these days.

[knurbs]

But, if Apple can't make a meaningful move up from here it could bea double top.

[KENA]

Looks like yesterdays close is showing good support..With that and Cobra's 140.35 up side target I think I will go and work out..PS..Who will be holding short over weekend?????

[Cobra]

AAPL new high as expected, now the next line to watch.

[uempel]

uempel, where are u going for vacation? i may go to UK the week after.

i am thinking of a quick short before lunch. the bulls played terribly. i will watch 1392 for the plan.

Thanks soku, hope you'll have a great Easter Holiday. We're not going on vacation - unless 4 days off are a vacation It's a spa which is about a two hours drive from our home. My lady likes that kind of thing, I'm more into walking/mountaineering/biking, but I sure need some sleep and I'm looking forward to be away for 3 nights. By the way, Cobra should also take some time off, he should put his daughter in charge of Marketview at Easter and do nothing for a few days: I believe our friend is exhausted

[Cobra]

very critical time for SPY, break down below then it's double top otherwise it's double bottom the pullback is over, so hold your breath.

[Al_Dente]

Folks that have already gone home for the weekend:
Bots
TMF, DIG, DGP, TYH, UUP, UDN, etc etc (no bats trades for ages)
Which is why we hate trading illiquid k-rap

[btran874]

an apple a day, keeps the bears away? no? I believe fat chance we see new high on SPX but NDX, yes definitely.

[trendfollower]

Article update on gold stocks:

http://goo.gl/QHF3z

[MrMiyagi]

SPY hanging on by fingertips with a fat lady dragging it down. Now if she starts singing...

[Cobra]

double top target.

[Cobra]

Article update on gold stocks:

Please I told you several times, don't post link to your own blog here. You can put your link as signature but you have to comment with full contents otherwise if everybody does the same like you, this forum will be dead. Apparently, you only post here but not read any other comments otherwise you'd have seen my replies awhile ago.

[snakehead]

Does anybody on this board follow the 60-min and 15-min MACD's ?

[TraderGirl]

Article update on gold stocks:

Please I told you several times, don't post link to your own blog here. You can put your link as signature but you have to comment with full contents otherwise if everybody does the same like you, this forum will be dead. Apparently, you only post here but not read any other comments otherwise you'd have seen my replies awhile ago.

We don't really pay much attention anyways....
Send a PM...

[uempel]

I'm still intrigued that the signal did not work... Bye guys

[noob]

double top target.

Cobra, upside nullified? Thanks!

[tomsky]

Is it me or bulls switched roles with bears? Till a few days ago we would have a down move at the open followed by an up drift all day. Or just everybody is on holiday?