06/15/2012 Live Update

Petsamo · Post by **Petsamo** » Fri Jun 15, 2012 11:34 am

ClarkW wrote:Just noticed your twitter handle, now following you...

Here's the disclaimer: No one is correct all the time

Harapa · Post by **Harapa** » Fri Jun 15, 2012 11:35 am

System is now in neutral mode.

Harapa wrote:Signal Update:
My VIX based model remain in sell mode, however, it is likely to change the direction if VIX fail to rise in next few hours. I will post an update if signal changes the direction.

TraderGirl · Post by **TraderGirl** » Fri Jun 15, 2012 11:38 am

RUT... break out....

ClarkW · Post by **ClarkW** » Fri Jun 15, 2012 11:39 am

Petsamo wrote:
ClarkW wrote:Just noticed your twitter handle, now following you...
Here's the disclaimer: No one is correct all the time

Disclaimer noted, I don't place trades blindly based on others, enjoy the data. Thanks

Richarab · Post by **Richarab** » Fri Jun 15, 2012 11:39 am

Anaconda wrote:
uempel wrote:Some guys have never been to a mosque in an arab country (much nicer buildings than our churches), don't know nothing about religion (believe what catholic, protestant, jewish or islamic militants say is the real thing) and consider themselves smart when they post dumb remarks here...
Some people read a single, 2-word comment from someone else (on a blog site no less), with no understanding of the context behind which that comment was written, and feel empowered to judge that person's motivations, cultural acumen, religious education/knowledge and racial views. Interesting...especially for a financial blog.

Perhaps Walsh was being humorous? You know, like Richarab's comments several months ago about banging some other blogger's wife? Rather bold for a supposedly "older man" wouldn't you say?

Now...please continue with the excellent financial analysis, which most of us love to check in for now and then!

GLTA.

Thanks for all the comments - I can say, based on PM rants I get from SWalsh that he is at best a cranky bastard, and at worst, well, something akin to those HFTs he's always complaining about...

Now about that wife - even at 80 I still have the two things you need in a bedroom to accomplish success, cocoa butter and a lot of technique ....

Now sell gold. Ain't no global easing gonna happen.

fehro · Post by **fehro** » Fri Jun 15, 2012 11:41 am

trendlines. top of channel? at neckline? will it pop?

KeiZai · Post by **KeiZai** » Fri Jun 15, 2012 11:41 am

bonds and stocks telling different stories here

Petsamo · Post by **Petsamo** » Fri Jun 15, 2012 11:41 am

ClarkW wrote:I don't place trades blindly based on others

Smart man

SWalsh · Post by **SWalsh** » Fri Jun 15, 2012 11:43 am

Tabby wrote:
Richarab wrote:
SWalsh wrote:
Richarab wrote:
EFA wrote:Good Morning, Cobra!
Nobody around this morning? Everybody went to church to pray for the Greeks and/or ourselves?
at the mosque
Khodeto Bokun

Pretty sure SWalsh is a racist (among other things)

Pray tell...what "other things"?

Hey Richarab, I like some of your comments and funny things you write. Plz don't be discouraged from some of the poor mannerism of the low level dirts members in here.

No one here offends me, not even your ignorance of Islam.

If you wish to start it, I will finish it. And it won't be a "dirt level" discussion. It will be one you find difficult to follow in your ignorance.

The RichArab decided he would insult me out of nowhere a few weeks ago. That's call drawing first blood. Unfortunately I did roll down into his dirt.

He can praise Allah here when Saudi Arabia allows Bibles into their country and we don't have to, as kafirs, wear gloves to hold their so-called "Holy Book".

cougar · Post by **cougar** » Fri Jun 15, 2012 11:44 am

TraderGirl wrote:VIX up and market up....put buying???

You said it, TG!

I also have an observation for the nimble few: $EWD (Spain Index) front-runs $SPX: not by much …but useful

Richarab · Post by **Richarab** » Fri Jun 15, 2012 11:46 am

SWalsh wrote:
Tabby wrote:
Richarab wrote:
SWalsh wrote:
Richarab wrote: at the mosque
Khodeto Bokun

Pretty sure SWalsh is a racist (among other things)
Pray tell...what "other things"?

Hey Richarab, I like some of your comments and funny things you write. Plz don't be discouraged from some of the poor mannerism of the low level dirts members in here.
No one here offends me, not even your ignorance of Islam.

If you wish to start it, I will finish it. And it won't be a "dirt level" discussion. It will be one you find difficult to follow in your ignorance.

The RichArab decided he would insult me out of nowhere a few weeks ago. That's call drawing first blood. Unfortunately I did roll down into his dirt.

He can praise Allah here when Saudi Arabia allows Bibles into their country and we don't have to, as kafirs, wear gloves to hold their so-called "Holy Book".

God save the "queen"
...now...sell gold!

fehro · Post by **fehro** » Fri Jun 15, 2012 11:49 am

1348ish? 50 day SMA so close above, wider channel forming? and/or bear wedge?

SWalsh · Post by **SWalsh** » Fri Jun 15, 2012 11:51 am

uempel wrote:Some guys have never been to a mosque in an arab country (much nicer buildings than our churches)

Nothing tops the Vatican as to architecture in the realm of religious construction.

uempel · Post by **uempel** » Fri Jun 15, 2012 11:52 am

Petsamo wrote:
uempel wrote:
Petsamo wrote:
uempel wrote:there's no sense in opening a longer term position, neither short nor long. Of course, the charts look quite bullish and everybody is talking about monetary easing/quantative easing. But Europe, the US and China don't look good...
Being in cash is a gamble.
Don't quite understand
If the markets rally from oversold conditions and you miss the rally, that's an increase in wealth you didn't get. It's also called opportunity cost.

Hey Petsamo, I miss five small trades every day, I miss five big trades every week

I couldn't care less. I try to focus on one or two smallish trades per day, one or two biggish trades per week. I avoid the big set-ups, the trades everybody is talking about. They tend to be 50/50 gambles. But note that I always have a very small position which follows 20 DMA and BPNYA - at the moment it's long.

Something else: I trade futures, using a margin of 5 - 25 percent of my trading capital. A 3% move against me Monday morning would cost me 10% of my capital

MrMiyagi · Post by **MrMiyagi** » Fri Jun 15, 2012 11:53 am

Cut this religion talk out please.

Richarab · Post by **Richarab** » Fri Jun 15, 2012 11:53 am

SWalsh wrote:
uempel wrote:Some guys have never been to a mosque in an arab country (much nicer buildings than our churches)
Nothing tops the Vatican as to architecture in the realm of religious construction.

You haven't seen my bedroom ... And no, that's not an invitation...

CognitiveDissonance · Fri Jun 15, 2012 11:55 am

MrMiyagi wrote:Cut this religion talk out please.

Yeah, can everyone call it a truce. Being dense I missed all the excitement and what exactly was said, but as I'm still trying to come back from an idiotic TVIX loss, can we get back to making money?

TraderGirl · Post by **TraderGirl** » Fri Jun 15, 2012 11:55 am

MrMiyagi wrote:Cut this religion talk out please.

I agree, some of us are atheists.....

BenAndLloyd · Post by **BenAndLloyd** » Fri Jun 15, 2012 11:58 am

Guys,
Pl don't talk about religion and politics. Its very distracting.

Hardy · Post by **Hardy** » Fri Jun 15, 2012 12:00 pm

Thank you so am I

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