07/31/2012 Live Update

[gappy]

closed 2/5 of the shorts i opened today.

Out DSLV 40.30

[OverUnder]

Headline just crossing: Spain's De Guindos said to win Schnauble's aid for help in bond market.

Caveat, the version I thought I originally heard was that he was "attempting" to win his support by making further budget cuts.

[Cobra]

still rebound is weak. lunch time, will be back.

[KeiZai]

30 min

731thirty.png

Sir do you have similiar fancy chart for russell as well?

No, but just 4 u sir ………
(Only changed two things: replaced invertVIX with invertRVX, and adjusted the top/bottom lines on orange PPO 1/39/1 below the price panel
….quick guess lines only…needs work)

731iwm.png

Thank you sir

http://www.youtube.com/watch?v=Zx1dq1IIPDs

[BullBear52x]

137 is floating round on my crystal ball, well, chow time

Thanks Cobra and everyone, GLTA

TA note: I can feel the wind of change, ECB and FED are needed.

[jdow]

I'm short IWM... here is a fancy chart for russell ...

[KeiZai]

Stalking this stock like this cat http://www.youtube.com/watch?v=fzzjgBAa ... re=mh_lolz

[ClarkW]

FWIW I sold out of most of my NUGT this morning at +12%. The bullish Gartley is still there, extremely low $BPGDM is still there. Just afraid of/expecting Uncle Ben and/or EU disappointing this week. If I'm wrong, I'm happy to buy back at higher level as if that happens it'll likely be a huge up....but just my opinion

[MrMiyagi]

FWIW I sold out of most of my NUGT this morning at +12%.

Coincidentally, I bought back the GLD puts I had written. Will write some more as soon as I see a bounce.

[BenAndLloyd]

MrMiyagi,
Any p-bars today on IWM?

Thanks

[MrMiyagi]

MrMiyagi,
Any p-bars today on IWM?

Thanks

None so far. The only bar on indexes was earlier today on QQQ down to 64.80$ and that got tagged shortly after.

[Al_Dente]

PAGING Maestro Keizai, soothing piano, thx
On the daily, 39 is the 5% trend… I use it to catch ob/os
Don’t know what it is on the 30min; I know it works on SPY 30min, but it is OFTEN EARLY real-time on 30min, and it’s bouncy on SPY,
so I use the STO for confirmation………
This is the first time I’ve looked at it this way on IWM….. THX

http://screencast.com/t/R51oNekm

[stucap]

Hey bulls, where's the juice?

[BullBear52x]

Last chart for the road.

GLD is now on the sell-able list, unless it trades over 158.

[MrMiyagi]

[Petsamo]

Hey bulls, where's the juice?

The bulls are in highly beat up stocks & sectors, like X, SID, CLF, F, XME, & KOL. The sell off could be a bear trap.

If we finish here, though, it looks like we're in for a several days downleg

[Al_Dente]

I'm short IWM... here is a fancy chart for russell ...

jdow
simpler IS ALWAYS BETTER
I watch ALL yr updates
Don’t be tempted to add a unicorn in there
THANKS

[MrMiyagi]

[TraderGirl]

546.png

Nice visual Miyagi!!

[Al_Dente]

546.png

Thanks MrMi YOU ROCK
[I promise I will never call u “P-Boy” again]