05/10/2013 Live Update

[Out of Bounds]

Now indicators are flat and starting to flash green.

[uempel]

My first post here!
Year to date, TLT seems doing much better than I thought
I keep selling TLT out-of-money Puts to fund SPY or DIA Calls. Any thought on this strategy?
Cheers

Well, Bill Gross believes bonds/treasuries might have topped...

[BullBear52x]

Now indicators are flat and starting to flash green.

really? here is my simple

[Out of Bounds]

Now indicators are flat and starting to flash green.

really? here is my simple

Confusing day for my bag of tricks. They never relly get to "BUY" or "SELL", they just keep getting ready to do something and then just don't do anything.

[Cobra]

no follow up after strong bull bar so bulls are not strong either. here's my wild-est-est-est guess for fun.

[TraderGirl]

Let's face it...Japan IS affecting our market...but this parabolic wave is starting to see weakness...this is the small cap etf (SCJ)...possible count...

I think we see a pullback from (3) to (4) that could equate to a wave similar in size as wave (1) to (2). But if this is the correct wave count then we are not there yet...

Is the US market driving the Japanese market? or is the Japanese market driving ours...I suspect we follow Japan for a while....

[Cobra]

we're here.

[Cobra]

we're here? key time, strong up here, the forget my guess.

[buy2sell]

My first post here!
Year to date, TLT seems doing much better than I thought
I keep selling TLT out-of-money Puts to fund SPY or DIA Calls. Any thought on this strategy?
Cheers

Well, Bill Gross believes bonds/treasuries might have topped...

That's what I believe, too. However, money is not rotated from treasuries to stocks as many thought to be. If it does happen, so the stock market should have another run. Just my 2-cents.
I guess I have so many things to learn from you guys/gals.

[Cobra]

we're here.

[Cobra]

we're here. but I'm not sure about the last push down anymore because it looks like a triangle which is bullish biased.

[ALdaytrade]

$VIX, could not get through the 50ma for two days in a row. A great deal of resistance at the 20ma and 100ma which both happen to be at 14.06ish.

http://stockcharts.com/h-sc/ui?s=$VIX&p ... 1056209945

What formation is this? Maybe an island in the sun, I know someone will post a song for this!

[Cobra]

ascending triangle bias is up.

[Al_Dente]

GLD “garnered investor inflows of $127 million on Thursday, the largest since March 19. It was also the first time investors added to their positions since that date, ending a remarkable string of redemptions spanning almost two months.”
http://seekingalpha.com/article/1423921 ... icle_title

[MrMiyagi]

!!!!! POWER HOUR !!!!!

[Nrsimha]

!!!!! POWER HOUR !!!!!

Any new P-bars today, Sensei?

[Out of Bounds]

It's like Sisyphus.

[MrMiyagi]

Any new P-bars today, Sensei?

No, the BOTs figure they don't need to probe higher and there's no reason to probe lower

[Al_Dente]

Can anyone give me a link where I can get those GLD inflows/outflows directly?

[Out of Bounds]

Any new P-bars today, Sensei?

No, the BOTs figure they don't need to probe higher and there's no reason to probe lower

Obviously not alien bots.