07/31/2012 Live Update

[jdow]

better

[quatzl]

1.05 million last sell on SPY.
Since we finished at the lows, who placed bets on a gap up ?

A very small bet.

[Al_Dente]

Jdow perfect thanks v much


PAGING DR. XFRADNEX re elders
Just give it to us straight, we can handle it
(I’ve alredy read yr disclaimer)

[MrMiyagi]

See you kids tomorrow.

[Al_Dente]

Here is something that never occurred 2 me
DROUGHT, corn, soft commodities = record high insurance payouts expected (“billions”)…WFC !!! ACE, AFG etc
http://www.bloomberg.com/news/2012-07-3 ... urers.html

[TraderGirl]

Charts apparently say big move tomorrow....as I said before, we could see a move similar to May 1, where we bounced heavily, then sold off....???

We will see....either way the move should be reversed on Thursday or Friday....IMHO...

Edit: Btw, the up move all happened intra-day on May 1...

[seeyou]

Charts apparently say big move tomorrow....as I said before, we could see a move similar to May 1, where we bounced heavily, then sold off....???

We will see....either way the move should be reversed on Thursday or Friday....IMHO...

Edit: Btw, the up move all happened intra-day on May 1...

If the Fed doesn't disappoint the market .....the ECB will do it on Thursday

[TraderGirl]

Charts apparently say big move tomorrow....as I said before, we could see a move similar to May 1, where we bounced heavily, then sold off....???

We will see....either way the move should be reversed on Thursday or Friday....IMHO...

Edit: Btw, the up move all happened intra-day on May 1...

If the Fed doesn't disappoint the market .....the ECB will do it on Thursday

Agree, that's what looks like may happen....

[joe-gamma]

See you kids tomorrow.

Mr P-Bar: is 7mln sell on close rather large?

I wonder if fat finger oversold/ too many, then got squeezed while covering the out-trade?

Have you seen the afterhours grey market gyrations? I am travelling and have lousy wireless connection but spy and iwm quotes on marktwatch seem nuts!
thx, joe

[EkOnkaar]

Charts apparently say big move tomorrow....as I said before, we could see a move similar to May 1, where we bounced heavily, then sold off....???

We will see....either way the move should be reversed on Thursday or Friday....IMHO...

Edit: Btw, the up move all happened intra-day on May 1...

Someone mentioned you have knowledge of and play the Bradley Sideograph. It was forcasting a turn on the 28th of July +/- 4 days. If I go - 4 days, I get bullish. +4 has not happened yet. Which way are you leaning? Given the time of the year, hard to play a rally from now until end of September, so I am thinking bearish from here..?

Ek

[Tabby]

It looks like a pbar on 5 min Russell 2000 fututre, pointing to around 785 in future, ? accuracy .

http://finviz.com/futures_charts.ashx?t=ER2&p=m5

[joe-gamma]

here is what happened on closing,per ZH,now for WHO? and WHY?
http://www.zerohedge.com/news/visualizi ... t-wipe-out

[Harapa]

These are for Dr. Al, who loves Vixies of all kinds.
Notice divergence between the price and PPO around Apr-Jul 2011 peak. Don't we have this happening now on RVX and VXN?

[xfradnex]

Daily Elders. World 10 of 15 green. Did not cheat and check futures. Volume up and greens down. Looks like down for us. I think everyone is positioned already for the B-Cranky Show(expect little movement). Disclaimer B-Cranky trumps all.....................logic.

[xfradnex]

B-Cranky pre-show http://www.youtube.com/watch?v=ipJTqCbETog.

[xfradnex]

Check this out- http://www.zerohedge.com/news/third-tim ... on-prayers. If true, then we know what the outcome is for the Ben Show.

[xfradnex]

"we expect the Federal Open Market Committee (FOMC) to ease at the upcoming July 31-August 1 meeting. The FOMC decision will be announced at 2:15pm on Wednesday August 1, and there will be no post-statement press conference", but no QE. See more jabber at: http://www.zerohedge.com/news/fomc-prev ... -no-new-qe.

[xfradnex]

More French pledging to save EURO. http://www.telegraph.co.uk/finance/fina ... ozone.html

[xfradnex]

China stepping up: http://www.telegraph.co.uk/finance/comm ... -Asia.html

[xfradnex]

What would be the outcome if Euro collapsed. http://www.telegraph.co.uk/finance/fina ... athom.html. A least some estimate of the damage by Dr. Doom of Europe.