08/01/2012 Live Update

[Petsamo]

So who's placing bets on a gap down ?

[tigerwang9999]

Cobra, do you maintain the plan that we will have a higher high than 1392 ahead? Does the intraday drop to 1373 big enough to negate the call? Thanks

[Cobra]

well, guess that's it for today. tomorrow is the key day because we'll find out what "believe me, it'll be enough" mean. The SPY 60 min chart doesn't look bearish yet though. thank you guys, I'll see you tomorrow.

[BullBear52x]

lets pray

[KeiZai]

Fly babe , bulls failed u will never get my money 3 push-ups on broken channel...seeya at the gap

BB.png

Nice chart boss, GL.

Thanks BOSS what about SPY?

[BullBear52x]

Fly babe , bulls failed u will never get my money 3 push-ups on broken channel...seeya at the gap

BB.png

Nice chart boss, GL.

Thanks BOSS what about SPY?

more update tonight at my blog. taking a break now, will get back to the drawing board soon today, got a lot of data to sort thru.

[jdow]

So who's placing bets on a gap down ?

me IWM - W O W

[Al_Dente]

lets pray

ugly dog

[jdow]

SPX flat RUT tanking.

The small cap use to lead both ways, perhaps it wil do so again??

see my monthly chart earlier..

[Nrsimha]

No one knows.


Like I know ....


http://www.youtube.com/watch?v=B-3JiDVl1O4

[BlackThought]

SPY has a long way down to catch up to IWM

[KeiZai]

more update tonight at my blog. taking a break now, will get back to the drawing board soon today, got a lot of data to sort thru.

Thanks will check it in the morning take a break

[BullBear52x]

lets pray

ugly dog

it's lion

ask this guy

[BullBear52x]

more update tonight at my blog. taking a break now, will get back to the drawing board soon today, got a lot of data to sort thru.

Thanks will check it in the morning take a break

bear bars are not confirmed on SPY but sell the rip is on on all 4 indexes see my update. I am checking out now.

[Petsamo]

SPY has a long way down to catch up to IWM

Here's a much better, simpler view.



IWM is extremely weak relative to SPY.

[jdow]

SPY has a long way down to catch up to IWM

Here's a much better, simpler view.



IWM is extremely weak relative to SPY.

.."Here's a much better, simpler view."... what?

[KeiZai]

more update tonight at my blog. taking a break now, will get back to the drawing board soon today, got a lot of data to sort thru.

Thanks will check it in the morning take a break

bear bars are not confirmed on SPY but sell the rip is on on all 4 indexes see my update. I am checking out now.

WOW nice P-Bar love ur pics, great job buddy

[Petsamo]

SPY has a long way down to catch up to IWM

Here's a much better, simpler view.



IWM is extremely weak relative to SPY.

.."Here's a much better, simpler view."... what?

SPY divided by IWM
High numbers on the chart means the numerator is stronger than the denominator
If SPY tracked IWM perfectly, the line would be flat

[jdow]

SPY has a long way down to catch up to IWM

Here's a much better, simpler view.



IWM is extremely weak relative to SPY.

.."Here's a much better, simpler view."... what?

SPY divided by IWM
High numbers on the chart means the numerator is stronger than the denominator
If SPY tracked IWM perfectly, the line would be flat

thanx Petsamo.. See it now... Still hort IWM.. yeah baby

[xfradnex]

Daily Elders. 10 of 15 still green for world. Dr Al., look at new value on left. We have a good drop in volume,We have a good drop in greens. We are siting on resistance from 7-19. Should be limited range day down. I have a feeling Draghi will have more impact on the market than any TA. If they copy the US, Europe will drag their feet so nothing will happen until after the weekend.