06/07/2012 Live Update

[Mr. T]

BTFD or not???

Flip a coin

It's a double headed coin - Cramer gave it to me, and he called "heads".

I lose?

[cguirguis]

Double bottom here in the SPY?

[Petsamo]

BTFD or not???

Flip a coin

It's a double headed coin - Cramer gave it to me, and he called "heads".

I lose?

If we go to a lower low, WLT looks good. It's underbought.

[gappy]

ClarkW, FED meeting 19th and if form follows, gold might pop and drop befor and after on expectations just like silver did this morning. And as accolades are noted here, I would like to thank all you posters for your considerate posts making this forum of king Cobra's the best of the rest!

[Al_Dente]

OK. FYI. ....

Bachnutty I LOVE all yr posts… blabla

BTW, to the Irishman who loves pasta, I use some of your charts every night to gauge what is happening. And of course BB52, Uempel, Kena, etc. are very helpful as well. So thanks to all.

hopefully u watch this meat-grinder too
http://stockcharts.com/h-sc/ui?s=UDN&p= ... listNum=15

[3DM]

Hi everyone, Cobra i noticed a change on Day Trader's Lounge today. Attachments were not displaying at all. Had to disable AdBlock Plus. Was this a deliberate change. I cant understand why attachments are seens as ads because they are not and were not seen as such yesterday. thanks

[KENA]

Al.. sorry for the delay but here is the liquidity chart (chart by stocktiming)

[KeiZai]

VXX is totally SICK instrument

howgh

[Cobra]

again, consolidation here usually means continue down, so not good.

[Richarab]

finally on the right side of gold. patience. i finally executed patience. knowing today would be a definitive day with all the prehype gold was exhibiting, the big move was the priced in move for QE3. brilliant. i was finally patient today. i need to remember if you miss a trade, another is always just around the corner...dont chase it, let it come to you..

[louie]

OK. FYI. ....

Bachnutty I LOVE all yr posts… blabla

BTW, to the Irishman who loves pasta, I use some of your charts every night to gauge what is happening. And of course BB52, Uempel, Kena, etc. are very helpful as well. So thanks to all.

hopefully u watch this meat-grinder too
http://stockcharts.com/h-sc/ui?s=UDN&p= ... listNum=15

Love your language here: meat grinder! How appropriate!

[Al_Dente]

CLARK
u don’t get tooooo many +14% moves in one single day
what a gift

[gappy]

There is bookoo liquity, it is just sitting in the coffers though. Just like my hip national.

[Cobra]

Hi everyone, Cobra i noticed a change on Day Trader's Lounge today. Attachments were not displaying at all. Had to disable AdBlock Plus. Was this a deliberate change. I cant understand why attachments are seens as ads because they are not and were not seen as such yesterday. thanks

I don't see the problem on my side. I've changed a few machines, don't see the problem yet.

[Mr. T]

Double bottom here in the SPY?

Looks like a bull flag to me......

[MrMiyagi]

finally on the right side of gold. patience. i finally executed patience. knowing today would be a definitive day with all the prehype gold was exhibiting, the big move was the priced in move for QE3. brilliant. i was finally patient today. i need to remember if you miss a trade, another is always just around the corner...dont chase it, let it come to you..

So are you buying gold here?

[3DM]

hi, sorry i just fixed it on my end. occasionally i add an avatar if its especially annoying (sorry folks) and yesterday i guess i messed up when doing so and accidently blocked the whole downloads directory. again, sorry and please disregard.

[Al_Dente]

it is always nice to be appreciated
speaking of which
where the F is the Baron ?
did he fall asleep on his keyboard listening to Ben?

ps cobra I luv u

[TWT]

DAX Future: Impulsive decline off hod = The bounce can be over

[ClarkW]

CLARK
u don’t get tooooo many +14% moves in one single day
what a gift

Completely out of DUST. Will look to buy back on any weakness as my initial timeframe WAS days-2 weeks. Hope I don't give back my gains from today