08/03/2012 Live Update

[Cobra]

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Huge gap up so the gap might not be filled.

Key time on Global ES as this is the 2nd test of the previous high, so no failure is allowed, bulls must decisively break above the previous high to avoid any possible bearish pattern. Let's see.

[stucap]

Ha. Reaction to the "employment situation" was such a joke. No swings back and forth while we figure it out....just straight up....like they knew.

[KeiZai]

Yes exactly this happens when KeiZai broke his rule (stick to the plan) and underestimates the power of turn dates, I hope that at least late bears took my advice about very high probability of gap up

Too bad I closed longs yesterday but week was good shoulda be better but greed is not good I am satisfied with this week hope u all are

Opened some positions at Europe open and will let them fly so I am done for this week

Have a nice weekend

[pablorynx]

Did anyone see a p-bar on the SPY this morning? How already so quickly?

[BlackThought]

Calls gonna look good today

[EvilTrader]

Fade ! Fade ! Fade !

[Petsamo]

Ha. Reaction to the "employment situation" was such a joke. No swings back and forth while we figure it out....just straight up....like they knew.

Employment situation still sucks big

[stucap]

Ha. Reaction to the "employment situation" was such a joke. No swings back and forth while we figure it out....just straight up....like they knew.

Employment situation still sucks big

uh duh

[victorm]

Ha. Reaction to the "employment situation" was such a joke. No swings back and forth while we figure it out....just straight up....like they knew.

After “no stimulus” from Benmarke and Draghi, we should know that they prepared something also…, not so eagerly awaited and we have it this morning…, good I loaded with TNA yesterday.

[jdow]

Calls gonna look good today

Yahoo QQQ..

[Cobra]

the open. it's way too stretched, so might be a pullback first.

[OverUnder]

EFSF asks for repurchase facility, uncommitted secured and committed unsecured loan proposals.

[EvilTrader]

There's a reliable historical pattern for Employment data days, very well known.

If Big gap up, we top in the morning then trend down to close.

If Big Gap down its the reverse play.


Isnt that correct ? Someone may add some new info, cobra ?

Im fading it.

[jdow]

Calls gonna look good today

Yahoo QQQ..

sold QQQ Yahoo

[grachu]

Cobra can you say anything about the VIX so low ? ( I am actually looking at the VXX)

[L_T]

I drew these lines in on X weeks ago. Funny how they actually work sometimes.

[stucap]

Fade ! Fade ! Fade !

need prayer. no resi up where we plan to open. pray for a restest of some resi to get long.

[Mr. BachNut]

Market Neutral.
Another day, another zag or zig.
My signals are sided long.
Doing nothing as I will be out all day.
Market seems manic.
VIX opened at 16 this morning, which is low.
I know I don't feel as relaxed as Mr. VIX, but perhaps I should...

[Mr. BachNut]

Crude up big.

Russia escalating in Syria?

http://www.bbc.co.uk/news/world-europe-19108141

Never a dull moment.

[Tutti]

There's a reliable historical pattern for Employment data days, very well known.

If Big gap up, we top in the morning then trend down to close.

If Big Gap down its the reverse play.


Isnt that correct ? Someone may add some new info, cobra ?

Im fading it.

Not updated this year, but you get the gist..