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Re: 08/09/2012 Live Update
Posted: Thu Aug 09, 2012 1:52 pm
by Cobra
triangle, so the bias is up?
Re: 08/09/2012 Live Update
Posted: Thu Aug 09, 2012 1:54 pm
by usctrojan99
jabberstoxx wrote:usctrojan99 wrote:Nothing bearish so far...
It depends on what time frame your in........there is plenty of bearish indicators......negative divergence all over the place and
positive divergence on the VIX.......will we get one last push......probably , they are trying to milk this for all they can before the drop......
the bulls are all set up to buy on any drops......
bears are ready to just get out even.........that is how down legs work
Agreed. Short-term (this week), I don't see anything bearish. Over the next week or two, I think it's a toss up. We're going to be range bound, and that's going to squeeze a lot of premium for those buying options. If you're writing options, you must be loving this.
Re: 08/09/2012 Live Update
Posted: Thu Aug 09, 2012 1:55 pm
by OverUnder
LET'S TURN THIS MOTHER OUT
I NEED TO BUY MORE CANDY
Re: 08/09/2012 Live Update
Posted: Thu Aug 09, 2012 1:56 pm
by MrMiyagi
Cobra wrote:triangle, so the bias is up?
Quit saying that!
Re: 08/09/2012 Live Update
Posted: Thu Aug 09, 2012 1:56 pm
by Al_Dente
I know…. I’m “beating a dead” wuss here
But….. as The Squid would say:
I am increasingly ineffective in dealing with the growth in the size and complexity of my portfolio…
[edit: oy]
Re: 08/09/2012 Live Update
Posted: Thu Aug 09, 2012 1:59 pm
by rc1269
lots of comments on TLT... trying to predict moves on the TLT without understanding the bond market is a little odd if you ask me. TLT the security is merely a passenger on the UST 30 bus. there was a 30yr auction today. see my post from earlier; the afternoon bounce was a 95% probability event.
Re: 08/09/2012 Live Update
Posted: Thu Aug 09, 2012 2:00 pm
by OverUnder
Triangle so the bias is up.
MrMiyagi wrote:Cobra wrote:triangle, so the bias is up?
Quit saying that!
Re: 08/09/2012 Live Update
Posted: Thu Aug 09, 2012 2:02 pm
by victorm
EvilTrader wrote:I vote for a lower high then retest of the lows, whos with me ?
and 1350 next week...
Re: 08/09/2012 Live Update
Posted: Thu Aug 09, 2012 2:04 pm
by quientuves
EvilTrader wrote:I vote for a lower high then retest of the lows, whos with me ?
Me too. But i'm usually wrong, so...
Re: 08/09/2012 Live Update
Posted: Thu Aug 09, 2012 2:05 pm
by HuyVanLang
I think market is going side way to the end of this week, that's because of the Olympic. Next week will be more actions. It's best to go fishing for now.
Re: 08/09/2012 Live Update
Posted: Thu Aug 09, 2012 2:07 pm
by davegordon14
Is VXX at an all-time low? Things can't be this boring forever, can they??
Re: 08/09/2012 Live Update
Posted: Thu Aug 09, 2012 2:08 pm
by noob
davegordon14 wrote:Is VXX at an all-time low? Things can't be this boring forever, can they??
Wait for the reverse split first
Re: 08/09/2012 Live Update
Posted: Thu Aug 09, 2012 2:17 pm
by MrMiyagi
noob wrote:davegordon14 wrote:Is VXX at an all-time low? Things can't be this boring forever, can they??
Wait for the reverse split first
Look at TVIX.
Re: 08/09/2012 Live Update
Posted: Thu Aug 09, 2012 2:18 pm
by Cobra
now it looks like a descending triangle. no strong conviction.
Re: 08/09/2012 Live Update
Posted: Thu Aug 09, 2012 2:21 pm
by jdow
Boy do I miss the dark pools and hft's moving the mrkt's 1 - 2 % per day....
Re: 08/09/2012 Live Update
Posted: Thu Aug 09, 2012 2:22 pm
by usctrojan99
Cobra wrote:now it looks like a descending triangle. no strong conviction.
Coiled spring and then higher? I lean on range bound until next week (1395-1405).
Re: 08/09/2012 Live Update
Posted: Thu Aug 09, 2012 2:25 pm
by KaZoom
CObra:
Can you take a look at this chart and tell me what you think?
TSX cumulative Adv-Dec volume shows a huge bullish divergence:
http://stockcharts.com/h-sc/ui?s=$TOUD& ... &cmd=print
Thanks.
Re: 08/09/2012 Live Update
Posted: Thu Aug 09, 2012 2:25 pm
by MrMiyagi
Buying back the September 30 calls I wrote on TZA.
Re: 08/09/2012 Live Update
Posted: Thu Aug 09, 2012 2:30 pm
by Nrsimha
Crude dropping
Re: 08/09/2012 Live Update
Posted: Thu Aug 09, 2012 2:30 pm
by Al_Dente
bot buying