06/04/2012 Live Update

[Cobra]

well, guess that's it for today. Not sure about tomorrow, guess it's up to the mini target I mentioned awhile ago. thank you guys, I'll see you tomorrow.

[Cobra]

maintain the plan.

Cobra...what does that mean? I see multiple directions each day as the mkt progresses and when I read that I'm really not sure of what "the plan" is that you refer to. Is it just the last thought you posted?

Thanks

didn't you see I have blue arrow on the chart? That's the plan. it went as planed but too bad I didn't insist this time.

[theRASPYone]

Good Calls Today, Cobra!
Shout out, to Taggard dropping much knowledge, as usual, very loaded comments!
Not actually trading myself just following the board, very interesting.
Good work everyone keep it up.

[MrMiyagi]

SPY closed 128.29$. Today's p-bars... 128.28$...
Catch you kids tomorrow.

[EvilTrader]

A sharp, if short-lived, rebound here is needed.

couldnt close below 200 dma.

Bears not so strong. Bad news priced in.

McClellan Osc visible divergence never fails at bottoms.

t

[Cobra]

Good Calls Today, Cobra!
Shout out, to Taggard dropping much knowledge, as usual, very loaded comments!
Not actually trading myself just following the board, very interesting.
Good work everyone keep it up.

Thanks.

[TWT]

DAX: If Double ZZ off March 16 top then we are in the final Zig Zag off May 29 lower high

[snakehead]

Wow, $SPX never spent a second above 200 d ma today. How pathetic!!

[SWalsh]

Big News today....some on MoveOn.org are calling their Kenyan leader a psychopath as he kills by drones and continues the war he said he would end immediately while breaking his promises and feeding Wall Street. Unless you were living in the dark, it is of no surprise. We little people get to see the market's demise begin and the increasingly less powerful HFTs stuff quotes in the new game of, "Trading For Pennies: Or, I made all the Bids I Could So Please Don't Indict Me". They will attempt to save the pig whose lipstick is smudged and missing....

The collapse is setting itself up nicely in all traded vehicles. Some H&S projections are for new lows. Still, they will give it a try for a kick-save. It will fail as 2008 Redux starts to meld into place. I suggest guns & ammo, canned good, and bottles of Jack as investments. King Ludwig II has been on a bender and it will be one helluva hangover:

I like those asset classes

I had my boonie hat on all weekend trying to make that Bill Murray face....

[SWalsh]

Big News today....some on MoveOn.org are calling their Kenyan leader a psychopath as he kills by drones and continues the war he said he would end immediately while breaking his promises and feeding Wall Street. Unless you were living in the dark, it is of no surprise. We little people get to see the market's demise begin and the increasingly less powerful HFTs stuff quotes in the new game of, "Trading For Pennies: Or, I made all the Bids I Could So Please Don't Indict Me". They will attempt to save the pig whose lipstick is smudged and missing....

The collapse is setting itself up nicely in all traded vehicles. Some H&S projections are for new lows. Still, they will give it a try for a kick-save. It will fail as 2008 Redux starts to meld into place. I suggest guns & ammo, canned good, and bottles of Jack as investments. King Ludwig II has been on a bender and it will be one helluva hangover:

Chaz!!!
Don't fall for the hype of the snow-monkey, schnitzel-face...... we're going up!!!

SPX 1500!!!!

I pity the fool who tries to dance against my Kimber!

[SWalsh]

BB, I'm not even close to normal Think that damn Vietnam war screwed me up (just a little). Take WAY too many chances!

wars sucks, what about " me love you long time part?" I joke.

"Me so horny"...

[SWalsh]

Navy BM Petty Officer running the brown rivers 65-68. All we saw was bullets and rockets.

Thank you for your service...Semper Fi


P.S. You didn't run into John Kerry in Cambodia did you? It is SEARED in my memory.

[SWalsh]

maintain the plan.

Cobra...what does that mean? I see multiple directions each day as the mkt progresses and when I read that I'm really not sure of what "the plan" is that you refer to. Is it just the last thought you posted?

Thanks

didn't you see I have blue arrow on the chart? That's the plan. it went as planed but too bad I didn't insist this time.

There is no such thing as a dumb question, so I asked.

CAVEAT....if asked a question and you wish to break balls, telling the person, "That was a really dumb question", is always allowed...

[SWalsh]

A sharp, if short-lived, rebound here is needed.

couldnt close below 200 dma.

Bears not so strong. Bad news priced in.

McClellan Osc visible divergence never fails at bottoms.

t

On noooo! Not the NEVER word?

Cramer tomorrow at 5 PM: "The mkt was doing just fine until some EvilTrader guy said the market NEVER fails to bottom, so blame him....and blame him for Bear Sterns too....he told me they'd NEVER go out of business"

[xfradnex]

http://www.forbes.com/sites/johndobosz/ ... r=yahootix wave crap