08/13/2012 Live Update

[BullBear52x]

The two intraday routes, I chose the RED one. now lets pray.

[67Chevy]

Just an observation...the ADX has dropped below 10 on the hourly chart...this often portends volatile moves. Last time it was this low was early March.

Good observation. We should be going from trendless to trending soon.

Thx, Mr. B.

BTW, just finished booking plans to be with Peter again in Oct. By any chance are you going to be there?

No. I went out for June. It was good.
I am going to Spain in October to visit my son, who is doing a semester abroad.

Cool, that will be a great trip. Have fun with your son.

[KeiZai]

How Can the VIX Be 14 and Lower than VIN and VIF? : http://vixandmore.blogspot.sk/2012/08/h ... n-vin.html

[Harapa]

Per this setup IWM is now a BUY

[BullBear52x]

How Can the VIX Be 14 and Lower than VIN and VIF? : http://vixandmore.blogspot.sk/2012/08/h ... n-vin.html

so calm, too calm

[MrMiyagi]

AAPL hod.

[THAT GUY]

Cobra !!!! you really think this is going to make a lower low today!!!!??

[Mr. T]

Bears lose again.

They never push the advantage home.

[fehro]

cleaner lines. fwiw.

[Al_Dente]

PAGING ONLY BEARS, bulls go away
bears only, short-to-swing term, not intraday

PUT CALL RATIO...........INVERTED so it becomes the Call to Put Ratio
This is only INDEX options, daily, only EOD end of day so Friday’s close, and I only watch it bcuz Cobra says it is “smart money”
Anywhoooooooo I’ve been waiting for over 25+ trading days for the call buying to relax and signal a top.
ON AVERAGE (8ma) the call buying is finally relaxing a bit and is signaling a top ZONE.
FWIW kool-aid…. we’ll see if it turns around and spikes back up tonight eod.

[rc1269]

PAGING ONLY BEARS, bulls go away
bears only, short-to-swing term, not intraday

PUT CALL RATIO...........INVERTED so it becomes the Call to Put Ratio
This is only INDEX options, daily, only EOD end of day so Friday’s close, and I only watch it bcuz Cobra says it is “smart money”
Anywhoooooooo I’ve been waiting for over 25+ trading days for the call buying to relax and signal a top.
ON AVERAGE (8ma) the call buying is finally relaxing a bit and is signaling a top ZONE.
FWIW kool-aid…. we’ll see if it turns around and spikes back up tonight eod.

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"bears only, short-to-swing term, not intraday"

i didnt' realize there were any bulls on the site...?

[KeiZai]

Shorting XIV here, I don´t believe she can go much higher, the baby will be covered at 3$

[Cobra]

OK, forget about my 2nd leg down, I'm disappointed in bears. this kind of push up usually means more.

[BullBear52x]

It is what it is, now I move my buy target to the upper line. this roll up never trigger a buy for me. well, wait for next buy to close out the intraday short of mine. got to stick to what I know.

[nightlyhawk]

Another ST signal is still friendly on BULL side. With green line trading above its upper BB, I don't read it as a sign of bears striking any time soon. Note: this signal works for ST time-frame, not day/swing trading.

[Cobra]

here's what I mean more up. overshot, so might be a pullback here, then another leg up, USUALLY.

[MrMiyagi]

Bears have had no lungs lately. Of course this time of the year they are busy stuffing their faces before hibernation.

[EvilTrader]

Finally a lower high before plunging ?

any bets here ?

[rc1269]

here's what I mean more up. overshot, so might be a pullback here, then another leg up, USUALLY.

if bulls win today then i think the bears' hopes are dashed for a while longer. makes a run to 1420-1440 pretty easy. if bears aren't willing to hold the ground after an entire week at 1400 then they're hopeless. the MAs are all in the bulls' favor. and i think bears know it too; gutless bears are the ones with the tight stops and the bulls are happy to let things run

we'll keep going up as long as skittish bears cover every time we get a 2pt pop

[OverUnder]

EU and German GDP overnight.