10/01/2012 Live Update

[Cobra]

If you're StockCharts member, please do me a little favor by "vote" and the most importantly "follow" my public chart list HERE. You need "follow" only once but vote can be done everyday, so whenever you have time, please vote for me, thanks! If you're not StockCharts member, you can also help boosting my rank by clicking the link once everyday.

Please, again, all my calls in the daily live update is for intra-day only, they're absolutely invalid when the closing bell rings. If you're interested in the forecast for days and weeks, Please subscribe my Daily Market Report.

Personal attack on any board members won't be tolerated. Please limit your topic to trade related only.

I'm very busy during the trading hour, so your question posted on board might not be answered. For a guaranteed answer to your question please send email to [email protected].


Gap up alone Friday's high, so not sure if the gap will be filled.

Global ES, the overnight turnaround looks strong, so this bull may have legs. The 100% MM target is 1448.25.

[Cobra]

weekly stock picks: viewtopic.php?f=10&t=687&p=97488#p97488

[Cobra]

DAX had a strong turnaround. I don't know if the pullback is over, it's no surprising anyway, the previous high will be tested, sooner or later, then it's the moment of truth.

[scout_lt]

THe banner is in the front page, but in case you haven't seen this I would highly recomend to take a free week on EW analysis:
http://www.wavetrack.com/news/announcing-free-week.html

[TradersF]

Good morning!

Does anyone else see this as a soon to be great shorting opportunity?

Good luck today.

[rc1269]

Good morning!

Does anyone else see this as a soon to be great shorting opportunity?

Good luck today.

unless of course we bust through that upper trend line by 9:50 this morning

[Cobra]

the open.

[Cobra]

resistance and target is clear on this chart.

[Mr. T]

I've said it before and I'll say it again.......

"We're never going down again!!!"


So repetitive......
Poor bears - screwed again.

[noob]

resistance and target is clear on this chart.

Wow already reached.

[Mr. T]

Where is everyone?

"Wake up, wake up....... it's the firsssstt of the month......"

Man I hate that song, and everything it stands for.

[Al_Dente]

AAPL

[quientuves]

Speechless...

[pezhead9000]

Mike Bergen ‏@BergenCapital
ISM Manuf. internals are pretty positive. New orders 52.3 vs. 47.1 in Aug; Inventory 50.5 vs. 52.5 in August.

[Cobra]

target met, very strong.

[fehro]

close to resistance. triangle upper target almost tagged.

[pezhead9000]

HOWEVER, Prices paid 58 vs 55.7 est & 54 last #MaRgiNs

[Cobra]

now another possible target.

[Cobra]

Unfortunately I'm out of the game very fast today: my buy stop on ES is at 1443.75, the breakout was too fast, my buy order was filled at 1445.75, 2 points higher, so I have to close most of the position to reduce the risks...

[Cobra]

this bull shall have legs.