05/10/2012 Live Update

[Mario TR]

Divergence. Maybe we start the next move up.

Wanna see a move up? I'm about the press the sell button

I see the same divergence with the mcclellan oscilator

[KeiZai]

enchanted channel

[Petsamo]

We're dropping because I didn't press the sell button

[SWalsh]

Note the mkt closed at 1354+ which is under the H&S of 1369+/- and below the trend line..Today so far it is still well under..Again favors the bears

vix.png

SPX went bearish on the point-and-figure chart. I try not to mess with those and they have this uncanny ability to be right....eventually. I think it needs a new high to reverse.

[Cobra]

tinted area might be the min pullback target.

[TWT]

IT LOOKS LIKE BEN HAS A PROBLEM = DIP BUYERS ARE GONE

[Petsamo]

IT LOOKS LIKE BEN HAS A PROBLEM = DIP BUYERS ARE GONE

We're still green, and we're still way above yesterday's low

[TWT]

IT LOOKS LIKE BEN HAS A PROBLEM = DIP BUYERS ARE GONE

We're still green, and we're still way above yesterday's low

Of course the market is oversold and due for a bounce but the internal structure of the rebund is not so inspiring so far

[Mr. T]

Where's the P-Bars.......

Or better yet - Where's the B-Bars (Ben bars).

[johnnywa]

Short at 1365,see ya at 1350

At 1365 shorted market by buying tza 19.50,looking good so far.Looking for a low on 5/15

[TraderGirl]

potential support??

[MrMiyagi]

Where's the P-Bars.......

Or better yet - Where's the B-Bars (Ben bars).

None so far today.

[KeiZai]

Commodities anyone?

How I see AUDUSD

[Cobra]

I consider it as fulfilled the min pullback target. now volume surge, may see rebound here, then we'll see. overall, not good looking for bulls.

[KENA]

Al Dente..Have you seen that nice dome from premkt open on the 1 min.Line..Its doing everything it should do.

[Major]

I awoke to The Blue Screen of Death and rebooted. I am 30 days late with Carbonite, which seems to have had problems since they day I read they dropped advertising on Limbaugh. They can't figure why my back-ups are dead slow (it's a slow service to begin with but it's about $60 a year so you get what you pay for).

I didn't hook-up any new hardware. Do these things just happen, or is this a warning about an imminent HD issue? IOW, is there a day my HD will be toast and I'm biding time?

Thanks in advance if you know about this stuff.

If your HD is fairly old, you might have a computer tech check it out. I believe they can run some test routines that enable them to see any weakness.

As an alternate to offsite backups you might consider the following approach with 8 GB or larger thumb drives (TD) -

1) On one TD backup all your programs and program upgrades. These are programs either from a software source, a custom program written to your specifications, or any source code you may have written. Duplicate this TD with a second one. This will give you some protection in case either one of the TDs develops a problem.

2) Next, backup all data files to a third TD; mark this TD as backup #1. These files are the ones that tend to change on a daily basis and probably are the most critical if lost. This backup can be done at the end of the day or more frequently depending upon how often the files change and the importance of their content.

3) Then, add two more TDs marking them as backup #2 and backup #3 respectively. Each time you do a backup, take the next backup TD and use it. After you have done the third backup, you will now have three separate backups each successive one being more recent that the prior one. By rotating through the three TDs, you will always have a current backup and, if necessary, can go back to a prior one to restore a single file or set of files.

The two program TDs probably will change infrequently. They basically supplement the original software CDs but have all the upgrades together.

The three backup TDs enable you quickly restore lost files with the most recent ones. Unlike offsite backup systems, both the backup and restore processes are very fast and only cost the price of the initial five thumb drive purchase.

I do a fair amount of programming and have successfully used the system outlined in #3 above for years. Often, during the program development process, I can hammer critical files and this system enables me to restore the last good version very quickly.

Beware that if your problem is a bad HD or a virus that has hit the HD and corrupted files, you may end up having to completely erase the HD and reload the basic operating system. The thumb drives will not help you reload the basic operating system but will make fast work of reloading program and data files.

NOTE: The size of the TDs used in the three drive data backup set should be large enough that all of the data can be contained on one drive. Having to use more than one drive for a single backup set is a real pain and requires more than just the basic three drive set.

[Ed02]

Cobra,
Is AAPL forming an ascending triangle since yesterday?

[Al_Dente]

Commodities anyone?

au10.png

hi keizai
PM
“Fear miners set to fall off ‘supercycle’ “
“...Not everyone believes the supercycle is dead...”
http://www.ft.com/intl/cms/s/0/a172a9b0 ... z1uTn30R7Y

[Al_Dente]

Al Dente..Have you seen that nice dome from premkt open on the 1 min.Line..Its doing everything it should do.

[Mr. T]

From "we're never going down again" to "we're never going up again".

This is crazy. Is it real volatility or just mad cow in only one direction from now on?