Re: 10/01/2012 Live Update
Posted: Mon Oct 01, 2012 12:46 pm
thanks gap
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10/01/2012 Live Update
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Re: 10/01/2012 Live Update
Posted: Mon Oct 01, 2012 12:46 pm
hmm, we might have a small double bottom here. so I'm neutral now, wait.
Re: 10/01/2012 Live Update
Posted: Mon Oct 01, 2012 12:49 pm
"consolidates below the breakout point usually makes the breakout solid - i.e. the breakout is real" - don't think we can write this any better. What's your language Claire?Claire wrote:Cobra - I'm not sure I understand -- "consolidate below breakout makes breakout out real" -- are you saying it's real "resistance" or a real breakout? Are you expecting another move up, or below the breakout point??? Thanks.
Re: 10/01/2012 Live Update
Posted: Mon Oct 01, 2012 12:49 pm
overall, I was expecting a huge up day today judging by the morning push up. now it seems that the enthusiasm faded very quickly.
Re: 10/01/2012 Live Update
Posted: Mon Oct 01, 2012 12:50 pm
the last buy is failing. Wow, failed 
Re: 10/01/2012 Live Update
Posted: Mon Oct 01, 2012 12:50 pm
PAGING UEMPEL (I just saw yr disqus reply)
Money flows according to Baron’s
(Curious that Baron’s is reporting equity inflows while Morningstar reported equity outflows)
[u r right: they only address U.S. funds... FWIW… grain of salt]
Money flows according to Baron’s
(Curious that Baron’s is reporting equity inflows while Morningstar reported equity outflows)
[u r right: they only address U.S. funds... FWIW… grain of salt]
Re: 10/01/2012 Live Update
Posted: Mon Oct 01, 2012 12:51 pm
well, here goes out all my day trade long my swing long. I'm disappointed. I thought I caught another fish today despite the rough start. 
Re: 10/01/2012 Live Update
Posted: Mon Oct 01, 2012 12:52 pm
Cobra wrote:well, here goes out all my day trade long my swing long. I'm disappointed. I thought I caught another fish today despite the rough start.
I am not alone.Re: 10/01/2012 Live Update
Posted: Mon Oct 01, 2012 12:53 pm
I've got a very clear signal for 2:00 p.m
Re: 10/01/2012 Live Update
Posted: Mon Oct 01, 2012 12:53 pm
It's looking like a fake bear raid on IWM. WLT, CLF, X, etc are not racing down
Re: 10/01/2012 Live Update
Posted: Mon Oct 01, 2012 12:54 pm
triangle?.. as I mentioned before.. support on blue?
Re: 10/01/2012 Live Update
Posted: Mon Oct 01, 2012 12:54 pm
volume surge, hopefully a rebound here. then we'll see. usually this bear has legs.
Posted: Mon Oct 01, 2012 12:55 pm
I guess they don't like what Benny is saying..
Re: 10/01/2012 Live Update
Posted: Mon Oct 01, 2012 12:58 pm
From Furr over at Pretzles place. Look for a bounce off that lower trend.Petsamo wrote:It's looking like a fake bear raid on IWM. WLT, CLF, X, etc are not racing down
Re: 10/01/2012 Live Update
Posted: Mon Oct 01, 2012 12:59 pm
AAPL tests low on day?
September has ended
Someone wake Billy up
http://www.youtube.com/watch?v=JHa16644e-k
September has ended
Someone wake Billy up
http://www.youtube.com/watch?v=JHa16644e-k
Re: 10/01/2012 Live Update
Posted: Mon Oct 01, 2012 12:59 pm
support. no more pullback from here as it'd then looks like just a zigzag rebound which favors bears. so key time.
Re: 10/01/2012 Live Update
Posted: Mon Oct 01, 2012 12:59 pm
I don't know anything about planetary affects on markets...but a few months ago, someone on this site, I can't remember who, put up this mysterious and fascinating chart.TraderGirl wrote:More on Merriman...we are in a critical reversal period Oct 5-8th +/- 3 days....
"Well, the decline has now been two weeks since the Sept 14 crest, but in the NASDAQ Composite, only one week. Either it continues lower this week to a primary cycle trough, ideally October 5-8 +/- 3 trading days, or else we have another secondary rally into this Oct 5-8 reversal period, and then a stronger decline to new cycle lows. The idea of a rally first is supported by Jupiter turning retrograde October 4, and the Sun trine Jupiter on October 9, which can correspond to a secondary peak or new high within one week. Further along, we see a new moon October 15 in Libra. That too can correspond with a high from which prices then tend to decline."
I have added a little red circle (hard to see look closely) for where we would be now.
I can't trade something I don't understand...but I'll be watching.
Re: 10/01/2012 Live Update
Posted: Mon Oct 01, 2012 1:00 pm
Cobra - English is my first language. My confusion was with the word "breakout." If it were to go down below the breakout level, I thought that would be called "breakdown" -- not breakout.
Re: 10/01/2012 Live Update
Posted: Mon Oct 01, 2012 1:01 pm
OK Buy is ticking again. what a day.
Re: 10/01/2012 Live Update
Posted: Mon Oct 01, 2012 1:01 pm
normally it'd go like this. I'm not sure because the market is emotional, so wait.