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Re: 10/23/2012 Live Update
Posted: Tue Oct 23, 2012 2:46 pm
by ClarkW
Me XMan wrote:
Mr. T wrote:They're making it sound like the Ben put is dead and buried since he's leaving in 2014.
Hmmm, that's a little ways away right?
Aren't Ben and his cronies talking about increasing QE today and tomorrow?
Smells crooked to me. "Sell Sell Sell" in todays panic, and tomorrow "Buy Buy Buy!!!! 100 billion a month forever" announcement.
BTW, great call earlier on going long Me XMan. Very nice!
Re: 10/23/2012 Live Update
Posted: Tue Oct 23, 2012 2:48 pm
by Cobra
hmm, the 3rd try on the high, usually should breakout. let's see.
Re: 10/23/2012 Live Update
Posted: Tue Oct 23, 2012 2:51 pm
by Me XMan
Rising from the dead...
Cobra wrote:hmm, the 3rd try on the high, usually should breakout. let's see.
Re: 10/23/2012 Live Update
Posted: Tue Oct 23, 2012 2:51 pm
by Cobra
not a valid breakout yet, wait.
Re:
Posted: Tue Oct 23, 2012 2:52 pm
by Me XMan
PPPPPPOWER HOUR!
MrMiyagi wrote:Today, it might be a real one.....
Re: 10/23/2012 Live Update
Posted: Tue Oct 23, 2012 2:52 pm
by Harapa
VIXies Update
VIXies 5 min setup Buy Watch ON
Posted: Tue Oct 23, 2012 2:54 pm
by MrMiyagi
Harapa wrote:VIXies Update
VIXies 5 min setup Buy Watch ON
When you say that, is it in reference to buy VIX (bear) or buy market (bull)?
Re: 10/23/2012 Live Update
Posted: Tue Oct 23, 2012 2:59 pm
by TraderGirl
Transports seem like they are looking to break out for a blow off top?
Re:
Posted: Tue Oct 23, 2012 3:01 pm
by Harapa
MrMiyagi wrote:Harapa wrote:VIXies Update
VIXies 5 min setup Buy Watch ON
When you say that, is it in reference to buy VIX (bear) or buy market (bull)?
" buy market (bull)" but this is just a primer and not actual signal.
Re: 10/23/2012 Live Update
Posted: Tue Oct 23, 2012 3:02 pm
by Cobra
good, let's see if target is a dream or not.
Posted: Tue Oct 23, 2012 3:05 pm
by MrMiyagi
Cobra,
I'm sure you have covered this before, what equity or ETF do you trade with your calls; SPY, futures..?
Re: 10/23/2012 Live Update
Posted: Tue Oct 23, 2012 3:07 pm
by Me XMan
You know the bulls will pull SPY over 143 before crashing again.
Cobra wrote:good, let's see if target is a dream or not.
Re: 10/23/2012 Live Update
Posted: Tue Oct 23, 2012 3:08 pm
by Me XMan
Is that bull flag?
TraderGirl wrote:Transports seem like they are looking to break out for a blow off top?
Posted: Tue Oct 23, 2012 3:09 pm
by MrMiyagi
Of course, it works better when it finishes weaker.... Almost there (I think).
Re: 10/23/2012 Live Update
Posted: Tue Oct 23, 2012 3:10 pm
by Cobra
volume surge, so may see pullback here.
Re: 10/23/2012 Live Update
Posted: Tue Oct 23, 2012 3:11 pm
by fehro
couple of VIX charts...
Re: 10/23/2012 Live Update
Posted: Tue Oct 23, 2012 3:13 pm
by TraderGirl
Me XMan wrote:Is that bull flag?
TraderGirl wrote:Transports seem like they are looking to break out for a blow off top?
Looks like it to me...after we see a trough, we could go higher into the end of the year, so transports have been holding this whole time, so I can see them breaking out...
Re:
Posted: Tue Oct 23, 2012 3:15 pm
by L_T
MrMiyagi wrote:Thanks TraderGirl.
I'll leave it then.
Smallies are showing relative strength if you are looking to simply go long for an oversold bounce.
Re: 10/23/2012 Live Update
Posted: Tue Oct 23, 2012 3:17 pm
by rpccharts
Re:
Posted: Tue Oct 23, 2012 3:17 pm
by TraderGirl
MrMiyagi wrote:Of course, it works better when it finishes weaker.... Almost there (I think).
The dollar could have made a 5 wave move up, so if we see a pullback in the dollar, it could head higher before we could see a crest in the dollar (trough in the market) fwiw...
There is a turn for the dollar around Nov 1...
