06/05/2012 Live Update

[EvilTrader]

consolidation here means breakout, this bull still alive, cannot believe my plan is wrong, but well, let's see.

The Bear is Dead !

Long Live the Bull !

[Auole]

Look Jane. See book "The Big Short" by Michael Lewis. A very big matrix of subliminal UNintelligence is here. Has been for a long time. in 2005 - 08 some 99% of the biggest and bestest bank hedge/bond traders Believed what they were doing had absolutely no consequences

[OverUnder]

Let's downgrade some shtuff. I, Overunder, hereby downgrade .... the Straits of Magellan!

[Petsamo]

My Russia's draggin their tails. The comrades need to get it together.

[SWalsh]

SPX might top here today;

Who would u believe ?

SPX or SPY ?

because SPY is clearly above its 200 dma.

SPY is the one they key on to manipulate. But is that the right answer? Who knows, as it's manipulated.

GS Meeting During TARP Talks:

Okay....so we bury Lehman as we always hated those f**kers AND you give us unlimited money so no one ever has to do this again, right?

[MrMiyagi]

Rebound may be weak but smallies very strong other indices will play catch up tomorrow.Smallies lead up,smallies lead down

Smallies = RUT?

TZA/TNA?

[Al_Dente]

smallest
$SML

[Cobra]

well, guess that's it for today. I don't know tomorrow and I don't care. If you check my last night Market Outlook, you'd see the mini target was fulfilled today and unfortunately the other thing bulls did was to prove that they're weak, which I'll explain why in tonight's report. hopefully tomorrow they can change everything, I'm willing to give bulls more chances as, again, this is an era of YES WE CAN. Thank you guys, I'll see you tomorrow.

[MrMiyagi]

See ya tomorrow Cobra, thanks again.

[Petsamo]

3.03 million last buy on SPY

[SWalsh]

This is a concept called a Hidden Divergence. It doesn't happen often. But it should be taken seriously if it turns. Explanation on chart:

[johnnywa]

Rebound may be weak but smallies very strong other indices will play catch up tomorrow.Smallies lead up,smallies lead down

Smallies = RUT?

TZA/TNA?

yes

[MrMiyagi]

pbar SPY 128.30$

[TraderGirl]

GLD looks like it could have one more wave up for 5...? we'll see...

[TraderGirl]

pbar SPY 128.30$

Thanks Miyagi!

[ClarkW]

well, guess that's it for today. I don't know tomorrow and I don't care. If you check my last night Market Outlook, you'd see the mini target was fulfilled today and unfortunately the other thing bulls did was to prove that they're weak, which I'll explain why in tonight's report. hopefully tomorrow they can change everything, I'm willing to give bulls more chances as, again, this is an era of YES WE CAN. Thank you guys, I'll see you tomorrow.

Thanks Cobra! Great job today as always! Can't tell you how much it's appreciated. Thanks!!

[MrMiyagi]

Thanks Miyagi!

You're welcome.

[GlamTrader]

well, guess that's it for today. I don't know tomorrow and I don't care. If you check my last night Market Outlook, you'd see the mini target was fulfilled today and unfortunately the other thing bulls did was to prove that they're weak, which I'll explain why in tonight's report. hopefully tomorrow they can change everything, I'm willing to give bulls more chances as, again, this is an era of YES WE CAN. Thank you guys, I'll see you tomorrow.

Hi Cobra, the chart of SPY1 Min and SPY 5 Min are on different pages now. Is it possible to put them on the same page?
http://stockcharts.com/public/1684859/tenpp/3


BTW, thanks a lot for all your great work!!

[Cobra]

well, guess that's it for today. I don't know tomorrow and I don't care. If you check my last night Market Outlook, you'd see the mini target was fulfilled today and unfortunately the other thing bulls did was to prove that they're weak, which I'll explain why in tonight's report. hopefully tomorrow they can change everything, I'm willing to give bulls more chances as, again, this is an era of YES WE CAN. Thank you guys, I'll see you tomorrow.

Hi Cobra, the chart of SPY1 Min and SPY 5 Min are on different pages now. Is it possible to put them on the same page?
http://stockcharts.com/public/1684859/tenpp/3


BTW, thanks a lot for all your great work!!

Done. It's on the 2nd page now.

[xfradnex]

Talking heads on TV talking about crash and rebound at the same time. Alot of Elder indicators turning Blue again except for Dax