Back to www.cobrasmarketview.com

06/20/2012 Live Update

Post Reply
User avatar
Mr. T
Posts: 995
Joined: Tue Apr 12, 2011 12:50 pm

Re: 06/20/2012 Live Update

Post by Mr. T »

Bulls can't be pleased with that performance.

Doesn't sound like QE3 could come in July either = multi months of bad data needed from here.
-T

"Treat Your Mother Right!!!!"
Top
User avatar
BullBear52x
Posts: 32006
Joined: Tue Feb 22, 2011 3:47 pm

Re: 06/20/2012 Live Update

Post by BullBear52x »

TraderGirl wrote:Still need to see XIV fail here to see the move lower, got lower highs so far....
I think they are ready to take her down.
Attachments
1.JPG
Last edited by BullBear52x on Wed Jun 20, 2012 3:06 pm, edited 1 time in total.
My comments are for entertainment/educational purpose only. NOT a trade advice.
Top
TraderGirl
Posts: 5031
Joined: Thu Dec 22, 2011 2:47 pm

Re: 06/20/2012 Live Update

Post by TraderGirl »

Turn date is today or tomorrow...
Top
User avatar
Al_Dente
Posts: 28535
Joined: Thu Jul 21, 2011 2:29 pm

Re: 06/20/2012 Live Update

Post by Al_Dente »

They are banging bonds around like toys
Right now TLT = selling stock and buying bonds
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Top
User avatar
MrMiyagi
Posts: 10343
Joined: Sun Oct 16, 2011 12:48 pm

Re: 06/20/2012 Live Update

Post by MrMiyagi »

Perhaps one more nice bounce and then down is my feeling but I am sure the "market" will surprise me and tank tomorrow.
Top
User avatar
BullBear52x
Posts: 32006
Joined: Tue Feb 22, 2011 3:47 pm

Re: 06/20/2012 Live Update

Post by BullBear52x »

134.11 my bear confident number.
My comments are for entertainment/educational purpose only. NOT a trade advice.
Top
ClarkW
Posts: 1325
Joined: Wed Aug 10, 2011 11:28 am

Re: 06/20/2012 Live Update

Post by ClarkW »

I'm short via DZZ, SMN, EDZ....can't see how the market is higher this time next week.
Top
User avatar
MrMiyagi
Posts: 10343
Joined: Sun Oct 16, 2011 12:48 pm

Re: 06/20/2012 Live Update

Post by MrMiyagi »

BullBear52x wrote:134.11 my bear confident number.
And then higher or lower?
Top
User avatar
Mr. T
Posts: 995
Joined: Tue Apr 12, 2011 12:50 pm

Re: 06/20/2012 Live Update

Post by Mr. T »

MrMiyagi wrote:Perhaps one more nice bounce and then down is my feeling but I am sure the "market" will surprise me and tank tomorrow.

I think the flush starts today.

SPX to 1310 in the next week.
-T

"Treat Your Mother Right!!!!"
Top
TraderGirl
Posts: 5031
Joined: Thu Dec 22, 2011 2:47 pm

Re: 06/20/2012 Live Update

Post by TraderGirl »

Yep, BB here is a breach...
Attachments
Screen Shot 2012-06-20 at 12.10.39 PM.png
Top
User avatar
BullBear52x
Posts: 32006
Joined: Tue Feb 22, 2011 3:47 pm

Re: 06/20/2012 Live Update

Post by BullBear52x »

MrMiyagi wrote:
BullBear52x wrote:134.11 my bear confident number.
And then higher or lower?
a penny below I will bet on 133.64
Attachments
1.JPG
My comments are for entertainment/educational purpose only. NOT a trade advice.
Top
TraderGirl
Posts: 5031
Joined: Thu Dec 22, 2011 2:47 pm

Re: 06/20/2012 Live Update

Post by TraderGirl »

If holds......???
Attachments
Screen Shot 2012-06-20 at 12.14.19 PM.png
Top
User avatar
KENA
Posts: 2996
Joined: Tue Feb 15, 2011 1:54 pm

Re: 06/20/2012 Live Update

Post by KENA »

Strange the VIX is still red when the S&P is dn this much.
Top
User avatar
KeiZai
Posts: 2827
Joined: Tue Nov 29, 2011 6:16 pm
Location: EUROPE

Re: 06/20/2012 Live Update

Post by KeiZai »

I don´t know if you have noticed but russell failed on a possible neckline of iH&S with double top btw
Attachments
RS.png
My satisfaction always came from beating the market, solving the puzzle. The money was the reward, but it was not the main reason I loved the market (Jess Livermore)
Top
User avatar
jarbo456
Posts: 2218
Joined: Wed Aug 10, 2011 9:19 am
Location: New York, NY

Re: 06/20/2012 Live Update

Post by jarbo456 »

SPY starting to look double bottom'ish.
Top
User avatar
Cobra
Site Admin
Posts: 64719
Joined: Sat Feb 12, 2011 10:29 pm

Re: 06/20/2012 Live Update

Post by Cobra »

fib info, I'm still neutral. bears better expect bulls to rebound until close otherwise it'd be guaranteed up tomorrow. so wait.
Attachments
1.png

Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
Top
TraderGirl
Posts: 5031
Joined: Thu Dec 22, 2011 2:47 pm

Re: 06/20/2012 Live Update

Post by TraderGirl »

KENA wrote:Strange the VIX is still red when the S&P is dn this much.
Somethin's up....
Top
User avatar
Petsamo
Posts: 3339
Joined: Thu Jun 30, 2011 2:22 pm

Re: 06/20/2012 Live Update

Post by Petsamo »

Oh crap, they're gonna make a run to set a white candlestick
Twitter @jackwag0n
Top
User avatar
BullBear52x
Posts: 32006
Joined: Tue Feb 22, 2011 3:47 pm

Re: 06/20/2012 Live Update

Post by BullBear52x »

Thanks Cobra and everyone, GLTA

TA note: I see no over sold intraday to suggest that the bulls will attempt higher close. more room to go down yet.IMHO
Attachments
1.JPG
My comments are for entertainment/educational purpose only. NOT a trade advice.
Top
PGM
Posts: 7
Joined: Thu Dec 01, 2011 7:30 am

Re: 06/20/2012 Live Update

Post by PGM »

Cobra wrote:fib info, I'm still neutral. bears better expect bulls to rebound until close otherwise it'd be guaranteed up tomorrow. so wait.
Cobra, why would it be up tomorrow? Thanks.
Top
Post Reply

Return to “Traders Lounge”