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10/05/2012 Live Update

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scout_lt
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Re:

Post by scout_lt »

MrMiyagi wrote:
Cobra wrote:aapl goes as expected, ;
Thanks Cobra, last time AAPL went down before earnings (which are due October 25th), it rocketed back up.
Maybe insiders are getting the price down to buy cheaper. Then again, insiders probably have options that they pay ten cents for.
Speaking about Apple:)
We still think that the long-term uptrend is incomplete...
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kongen
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Re: 10/05/2012 Live Update

Post by kongen »

AAPL forming serious-looking H&S on daily. MM to about 605, if there is follow-through.
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Petsamo
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Re: 10/05/2012 Live Update

Post by Petsamo »

XME has an inverted H&S on the 1 minute
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SB73
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Re: 10/05/2012 Live Update

Post by SB73 »

Cobra wrote:I hate to say this since nowadays it mostly doesn't work, but, well, let's try again: this bear has legs.
Would be interesting if bears could close the gap and bulls are sitting on 5 straight gaps higher going into Monday
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TWT
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Re: 10/05/2012 Live Update

Post by TWT »

AAPL: Potential Triple ZZ in progress
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daytradingES
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Re: 10/05/2012 Live Update

Post by daytradingES »

TWT wrote:
daytradingES wrote:
TWT wrote:GOLD: The Ending Diagonal project
Does the ending diagonal have a target price?
Tks
If the ED plays out then it could complete a wave (A) or (W) off the May 16 low. Then I would expect a pullback in the range 1719-1688, with the rising 50 d MA as a potential bottoming area
Thank-you.
That seems to be 38.2% retrace level?
Educational only and not trading advice (EO&NTA) :)
Good trading to all
SB73
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Re: 10/05/2012 Live Update

Post by SB73 »

SB73 wrote:
Cobra wrote:I hate to say this since nowadays it mostly doesn't work, but, well, let's try again: this bear has legs.
Would be interesting if bears could close the gap and bulls are sitting on 5 straight gaps higher going into Monday
Alright stop the crazy talk...must close near the highs of the week.
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MrMiyagi
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Post by MrMiyagi »

Here comes the bounce... this will all come apart Monday or Tuesday.
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Cobra
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Re: 10/05/2012 Live Update

Post by Cobra »

fib info.
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Petsamo
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Re: 10/05/2012 Live Update

Post by Petsamo »

HPQ might have a bottom
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Petsamo
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Re:

Post by Petsamo »

MrMiyagi wrote:Here comes the bounce... this will all come apart Monday or Tuesday.
Tuesday for US south of the border
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TradingJackal
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Re: 10/05/2012 Live Update

Post by TradingJackal »

DOW set a higher high. SPX will follow.
There are no bulls or bears in the market. Only wolves and sheep.
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KeiZai
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Re: 10/05/2012 Live Update

Post by KeiZai »

Too early to say but here we have one island reversal candidate

XIV
XIV.png
I might short it at the end of day to hedge some long stocks
My satisfaction always came from beating the market, solving the puzzle. The money was the reward, but it was not the main reason I loved the market (Jess Livermore)
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Al_Dente
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Re: 10/05/2012 Live Update

Post by Al_Dente »

SB73 wrote:
SB73 wrote:
Cobra wrote:I hate to say this since nowadays it mostly doesn't work, but, well, let's try again: this bear has legs.
Would be interesting if bears could close the gap and bulls are sitting on 5 straight gaps higher going into Monday
Alright stop the crazy talk...must close near the highs of the week.
senor sb
u r funny when u talk to yrslf :mrgreen:
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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Cobra
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Re: 10/05/2012 Live Update

Post by Cobra »

I'm tired, don't tell me the same pattern repeats everyday, another reversal up?
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Al_Dente
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Re: 10/05/2012 Live Update

Post by Al_Dente »

KeiZai wrote:Too early to say but here we have one island reversal candidate
XIV...........I might short it at the end of day to hedge some long stocks
thanks 4 that one boss
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
TraderGirl
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Re: 10/05/2012 Live Update

Post by TraderGirl »

TWT wrote:AAPL: Potential Triple ZZ in progress
Could that first wave down be 5 waves to make A, now we are down into C?
victorm
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Re: 10/05/2012 Live Update

Post by victorm »

daytradingES wrote:
TWT wrote:
daytradingES wrote:
TWT wrote:GOLD: The Ending Diagonal project
Does the ending diagonal have a target price?
Tks
If the ED plays out then it could complete a wave (A) or (W) off the May 16 low. Then I would expect a pullback in the range 1719-1688, with the rising 50 d MA as a potential bottoming area
Thank-you.
That seems to be 38.2% retrace level?
Thanks TWT.
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MrMiyagi
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Post by MrMiyagi »

Petsamo wrote:Tuesday for US south of the border
..Down Mexico way?
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Me XMan
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Re: 10/05/2012 Live Update

Post by Me XMan »

I think so.
TradingJackal wrote:DOW set a higher high. SPX will follow.
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