06/01/2012 Live Update

[TraderJoe]

Who wants to buy some GDX right here??

Would have to break out convincingly...Fib retracements on last pullbacks were around 61.8 to 71.8%...

GM TraderGirl,
You need to get up earlier

What do you mean, been up since 6:30 this morning...???

Been watching this "B" go down like I thought!! Didn't expect miners to shoot up like they did...

There is a turn for Gold on June 6th...don't know if it will cause a breakout or breakdown. The last turn on May 15th had Gold bottoming and turning up...so we'll see next week what happens...miners look tired here...

I certainly respect your opinion on this!

[ClarkW]

S2 Pivot appears to be providing support for IWM on the 5 min....for now

nice chart clark

Thanks! Looks like it could have been yours but I have it saved under "Quatzl" who was a regular on here before I believe. Even if from him he probably got from you. You have soo many

[KeiZai]

Update of CVX chart : viewtopic.php?f=2&t=491&p=67338#p67338

[ClarkW]

$BKX close to support on the daily? Could be a short break before continuation unless Uncle Ben revs up the helicopter soon

[KENA]

Good just broke thru the 200dma on spx.

[Al_Dente]

S2 Pivot appears to be providing support for IWM on the 5 min....for now

nice chart clark

Thanks! Looks like it could have been yours but I have it saved under "Quatzl" who was a regular on here before I believe. Even if from him he probably got from you. You have soo many

i especially like yr "area" grey trin 5m
i may need to "borrow" that

[Chrys]

Regarding miners...there is a divergence between gold (GDX) and silver (SIL) miners. More downside to come for the miners.

[KeiZai]

Regarding miners...there is a divergence between gold (GDX) and silver (SIL) miners. More downside to come for the miners.

It is because gold regained some save-haven status

[Richarab]

Good just broke thru the 200dma on spx.

and recovered... of course

[Richarab]

double bottom on ES? looks strong bottom there

[KeiZai]

europe closing - squeeze alert

[BullBear52x]

BB...Crude oil 82.5 met, your magic price?

The attachment CL.png is no longer available

It's now entering a buy-able zone. keep an eye on $RHNYA after close today. I posted this chart last week about something is missing.

[TraderGirl]

Who wants to buy some GDX right here??

Would have to break out convincingly...Fib retracements on last pullbacks were around 61.8 to 71.8%...

GM TraderGirl,
You need to get up earlier

What do you mean, been up since 6:30 this morning...???

Been watching this "B" go down like I thought!! Didn't expect miners to shoot up like they did...

There is a turn for Gold on June 6th...don't know if it will cause a breakout or breakdown. The last turn on May 15th had Gold bottoming and turning up...so we'll see next week what happens...miners look tired here...

I certainly respect your opinion on this!

Did you respect my opinion yesterday when I said the XIV said we needed another leg down in the market?? As I recall everyone was drinking the kool-aide...except, Big Al and BB of course...

As everyone knows here, not all calls are correct...it actually takes balls to put yourself out there and say what you see...

[Al_Dente]

europe closing - squeeze alert

Key: I just posted this EUzone a bit ago
Look what happened, last candle
I kno it doesn’t count as it’s “Amercia” ETFs only, but still dude
http://stockcharts.com/freecharts/candl ... WI,EWO|A|G

regardless of where we close today, $VIX may have just pierced her upper bolinger daily

Paging Baron
Where the FFF r u ?

[TraderJoe]

Who wants to buy some GDX right here??

Would have to break out convincingly...Fib retracements on last pullbacks were around 61.8 to 71.8%...

GM TraderGirl,
You need to get up earlier

What do you mean, been up since 6:30 this morning...???

Been watching this "B" go down like I thought!! Didn't expect miners to shoot up like they did...

There is a turn for Gold on June 6th...don't know if it will cause a breakout or breakdown. The last turn on May 15th had Gold bottoming and turning up...so we'll see next week what happens...miners look tired here...

I certainly respect your opinion on this!

Did you respect my opinion yesterday when I said the XIV said we needed another leg down in the market?? As I recall everyone was drinking the kool-aide...except, Big Al and BB of course...

As everyone knows here, not all calls are correct...it actually takes balls to put yourself out there and say what you see...

YES, I bought SPY 129 puts and sold them close at 128.90

[BullBear52x]

Picture perfect gap down like last time, kind of

[Petsamo]

An all-day sell off like Germany would be nice.

[Tek33]

Can't believe the VIX is down?

[BullBear52x]

Paging Baron
Where the FFF r u ?

I am somewhere where the trouble can not find me Not.....

[Al_Dente]

BB...Crude oil 82.5 met, your magic price?

CL.png

It's now entering a buy-able zone. keep an eye on $RHNYA after close today. I posted this chart last week about something is missing.

Sparky:
a) when did u sneak in?
b) WTF is that dang $RHNYA i’ve looked it up in the past, all over the place, nothing
Explain in plain ENGLISH what... how...why it is impt
Don’t u pull any complicated shite on me bud
ps: these are sqz goggles