07/13/2012 Live Update

[KENA]

kena. me out. target is 1350ish but it is too fast too ob now. not worth holding.
my hedge on china gdp took away lots of my profit.
plan for the next move.

Sorry for the delay..Been away for short time..I will hold my swing trades over the week end and then see.My trades are stocks not indexes so they are not wild like the rest of the mkt but doing just fine..I have to leave a little early today so won't be at the computer much today .Have a great weekend Soku and GT.

[TraderGirl]

kena. me out. target is 1350ish but it is too fast too ob now. not worth holding.
my hedge on china gdp took away lots of my profit.
plan for the next move.

Sorry for the delay..Been away for short time..I will hold my swing trades over the week end and then see.My trades are stocks not indexes so they are not wild like the rest of the mkt but doing just fine..I have to leave a little early today so won't be at the computer much today .Have a great weekend Soku and GT.

Have a great weekend!! I will be in and out too, most likely not much to see here today...

[Jupiter]

KENA,

just curious what stocks are you trading.

Thx.

[Mr. T]

Another rip the face off the bears rally (on nothing).

Poor bears, it takes them three days of hard fighting to get down 150 points (and with terrible econ data to back it up).
The bulls recover that in 10 min without any good news.

But it can all be explained:
Cutting Italy's rating...... that's bullish for the Euro

quote from http://www.guardian.co.uk/business/2012 ... ded-moodys
"Italy auction strong, premium to market but low bid-cover suggest single very big buyer"

Thanks man - very cool.


"single very big buyer" = What a world be live in. In the past there was only Ben. That could've been the ECB, Ben, Merkill, Spain, Italy, Greece, the JPM whale trader, the crocodile hunter, easter bunny, Tony Blair, Obama, or Yasafer Arafat.

In the words of the Wicked Witch = "Oh, what a world.......... what a world..... melting......melting.....".

[Petsamo]

most likely not much to see here today...

The big move occurred in the first 30 - 45 min. Now it's boring

[KeiZai]

Here is the pullback,Europe still very strong going into close

Yeah but finally SP500 will underperform europe, strong currency is bad thing for the economy

outperforming trend broken

[KENA]

kena, u didn't deliver picks for ages. i am still waiting.
anybody wants to look at svu?

Hi Soku..Ok..Here they are..I'm in long swing trade on DRYS,GLUU,MLNX,DDD....Looking at (and they look good)INWK,ALXN,PKT,N...They all have good pull back off highs..I don't usually have more then 5 at one time..To hard to watch..Drys is a longer time trade for slow creep up and might be fun to watch.I have not done much with Cat for a couple weeks.These stocks may only be good for a few days so they need watching.I keep track of them on daily charts.Have GTTA.

[KENA]

KENA,

just curious what stocks are you trading.

Thx.

Just posted for soku and any one else.Have fun with them and GT.

[Al_Dente]

Here is the pullback,Europe still very strong going into close

Yeah but finally SP500 will underperform europe, strong currency is bad thing for the economy
outperforming trend broken

SP-st.png

Great chart thanks keizai

[Cobra]

I hope this is a real breakout. bulls must push hard here to avoid 3 push up pattern.

[Wanderlust]

hello there, i've been watching these discussions for about a week, have learned alot from it. decided to make an account in case i have questions or talk

@KENA Ive been following DDD, good uptrend in a promising industry. it seems to be basing right now at the 5 min chart coming off a 33.40 high. hopefully continuation

[Cobra]

hello there, i've been watching these discussions for about a week, have learned alot from it. decided to make an account in case i have questions or talk

@KENA Ive been following DDD, good uptrend in a promising industry. it seems to be basing right now at the 5 min chart coming off a 33.40 high. hopefully continuation

Welcome aboard!

[victorm]

kena, u didn't deliver picks for ages. i am still waiting.
anybody wants to look at svu?

Hi Soku..Ok..Here they are..I'm in long swing trade on DRYS,GLUU,MLNX,DDD....Looking at (and they look good)INWK,ALXN,PKT,N...They all have good pull back off highs..I don't usually have more then 5 at one time..To hard to watch..Drys is a longer time trade for slow creep up and might be fun to watch.I have not done much with Cat for a couple weeks.These stocks may only be good for a few days so they need watching.I keep track of them on daily charts.Have GTTA.

Kena, pay attention on NXT.to, big volume last weeks, I was able to pick up here more then 7k couple day ago, bought it again for 1.28.... very promising stock

[Al_Dente]

One minute
Nyadv still >2400
Not many neg ticks today (pink circle)
AAPL is NOT holding up very well...

[Cobra]

so far so good, but bulls still need do more. we're still on the very 1st up leg.

[johnnywa]

Friday afternoon probably push up to 1357-63,favoring 1360

[OverUnder]

Can you show the 2 pushes up we already have?

I hope this is a real breakout. bulls must push hard here to avoid 3 push up pattern.

[Cobra]

by the way, it's strong trend day, I assume it's strong uptrend day, so bears no fight today.

[OverUnder]

Euro in cobra formation:

[Cobra]

bulls, please keep on what you're doing as I'm out for about an hour then perhaps lunch, hopefully when I come back, the market up a lot again.