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Re: 08/24/2012 Live Update

Posted: Fri Aug 24, 2012 1:27 pm
by Mr. T
Who wants to hold over the weekend???

The damage has been done...... red next week. This rally is on fumes, only the Ben Hole meeting can save it.

Re: 08/24/2012 Live Update

Posted: Fri Aug 24, 2012 1:28 pm
by Al_Dente
[save for later?]
Corey has an interesting lesson for an intraday “hard shift” from bear to bull. His example: the 22nd FOMC day (his post dated 8/23)
http://blog.afraidtotrade.com/a-second- ... om+Blog%29

Posted: Fri Aug 24, 2012 1:30 pm
by MrMiyagi
Al_Dente wrote: Need early button
2:45 ish for uempel’s 2:50 signal
pls
thx
Is this the one for the signal?

Image

Re: 08/24/2012 Live Update

Posted: Fri Aug 24, 2012 1:30 pm
by OverUnder
Oddly the VIX has been steadily marching up since the big green candle on S&P. Maybe that's normal and it was oversold at the time?

Re: 08/24/2012 Live Update

Posted: Fri Aug 24, 2012 1:31 pm
by Al_Dente
67Chevy wrote:That's bizarre.
But Cobra is NOT scared of anyone wearing a neon blue skirt like that guy...
oy :!: :!: :!:
ok so how do i get a zing screenshot inline here, instead of just linking it?
thanx boss :mrgreen:

Re: 08/24/2012 Live Update

Posted: Fri Aug 24, 2012 1:34 pm
by Cobra
this kind of consolidation favors bulls, so the target still is possible.

Re: Re:

Posted: Fri Aug 24, 2012 1:34 pm
by Tabby
[quote="67Chevy"]

This little rally is not going far because Ben, Angela or Mario don't move markets.

The market only has BIG moves when the snake starts yelling "Ole, Ole, Ole"


If I only could have a PH D in EW as you do, I could guess the direction of this market up or down too.

Re: 08/24/2012 Live Update

Posted: Fri Aug 24, 2012 1:35 pm
by Travelfrog
Squeeze is on expect breakout soon.
SP500-24-08-12.png

Re:

Posted: Fri Aug 24, 2012 1:36 pm
by Al_Dente
MrMiyagi wrote:
Al_Dente wrote:.Need early button...2:45 ish for uempel’s 2:50 signal...pls...thx
Is this the one for the signal?
hard to know…..too early yet……but “almost always reversal” is the rule
prepare both pls……we have hour+ to figure it out
:mrgreen:

Re: 08/24/2012 Live Update

Posted: Fri Aug 24, 2012 1:36 pm
by Petsamo
Mr. T wrote:Who wants to hold over the weekend???

The damage has been done...... red next week. This rally is on fumes, only the Ben Hole meeting can save it.
It's looking like a bullish engulfing candlestick

Re: 08/24/2012 Live Update

Posted: Fri Aug 24, 2012 1:40 pm
by OverUnder
Good timing for me to say that exactly when the VIX pulls back! Exactly what I meant to do. Yeah.
OverUnder wrote:Oddly the VIX has been steadily marching up since the big green candle on S&P. Maybe that's normal and it was oversold at the time?

Re: 08/24/2012 Live Update

Posted: Fri Aug 24, 2012 1:41 pm
by TraderGirl
Petsamo wrote:
Mr. T wrote:Who wants to hold over the weekend???

The damage has been done...... red next week. This rally is on fumes, only the Ben Hole meeting can save it.
It's looking like a bullish engulfing candlestick
Potential bearish harami on VIX...

Re: 08/24/2012 Live Update

Posted: Fri Aug 24, 2012 1:42 pm
by joe-gamma
67Chevy wrote:That's bizarre.

But Cobra is NOT scared of anyone wearing a neon blue skirt like that guy...
in the 1980s, a stroll thru the open air night markets in taipei always had cobra blood and cobra venom on the menu....there now exist 0 snakes in Taiwan...the "cobra venom soup'
had a nice Wang! to it

Re: 08/24/2012 Live Update

Posted: Fri Aug 24, 2012 1:44 pm
by TraderGirl
TraderGirl wrote:
Petsamo wrote:
Mr. T wrote:Who wants to hold over the weekend???

The damage has been done...... red next week. This rally is on fumes, only the Ben Hole meeting can save it.
It's looking like a bullish engulfing candlestick
Potential bearish harami on VIX...
Bullish engulfing on XIV...

Re: 08/24/2012 Live Update

Posted: Fri Aug 24, 2012 1:44 pm
by joe-gamma
OverUnder wrote:Oddly the VIX has been steadily marching up since the big green candle on S&P. Maybe that's normal and it was oversold at the time?
why would vix march up on a friday?

Re: 08/24/2012 Live Update

Posted: Fri Aug 24, 2012 1:46 pm
by Al_Dente
RELATIVE strength
824relative.png

Posted: Fri Aug 24, 2012 1:47 pm
by MrMiyagi
Nice timing uempel...

Re: 08/24/2012 Live Update

Posted: Fri Aug 24, 2012 1:48 pm
by Mr. T
Ok, I give up.

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

;)

Re: 08/24/2012 Live Update

Posted: Fri Aug 24, 2012 1:50 pm
by 67Chevy
Al_Dente wrote:
67Chevy wrote:That's bizarre.
But Cobra is NOT scared of anyone wearing a neon blue skirt like that guy...
oy :!: :!: :!:
ok so how do i get a zing screenshot inline here, instead of just linking it?
thanx boss :mrgreen:
All pics are stored on my hard drive so are the zing screenshots on your pc or the zing site?

I use "upload attachment", "choose file", then "add the file". After that it gives the option to place the file inline as shown below...

Re: 08/24/2012 Live Update

Posted: Fri Aug 24, 2012 1:50 pm
by Cobra
target met. this is still the very 1st leg up, so should be more up ahead.