10/16/2012 Live Update

[Me XMan]

Actually I like this retreat so it can ramp up again tomorrow.

hold your breath. I don't know I should be happy or unhappy seeing breakdown

[Harapa]

Mometum Block Update:
Currencies market seems to disagree with the equity markets

[Al_Dente]

VIXies M05 sell watch ON
This is just a watch

On the stockcharts platform I am a breath away from a 5 min spy sell signal (inverted RVX must go below signal line)
ps It’s all your fault “Boss.” I’m totally joking, see

[Cobra]

target I'm not sure.

[Al_Dente]

Nice chart Al. Kind of looks like a possible cup and handle could form with upside target closer to 50% fib retrace.

yup [edit: thanks for the comment, joey ]
also, monkeys might fly out of my chart
[caveat: i am wrong HALF-ish the time on aapl ]

[Harapa]

VIXies M05 sell watch ON
This is just a watch

On the stockcharts platform I am a breath away from a 5 min spy sell signal (inverted RVX must go below signal line)
ps It’s all your fault “Boss.” I’m totally joking, see

1016harapa5.png

Fire the gun when it is ready to "GO". Its takes me some extra time to publish here.

[essessme]

just a quick chart - a retrace or impulse down doesn't seem out of place here...

[daytradingES]

well out at be
poor trading - oh well.
(nap time)

[Petsamo]

The Hang Seng sold off a little from their open. India sold off big. But the big boys are buying them up.
My spreadsheet is predicting a gap up tomorrow, unless this thing goes south real quick.

[MrMiyagi]

The Hang Seng sold off a little from their open. India sold off big. But the big boys are buying them up.
My spreadsheet is predicting a gap up tomorrow, unless this thing goes south real quick.

Up to 1470 would not be crazy by Friday.

[Al_Dente]

VIXies M05 sell watch ON
This is just a watch

On the stockcharts platform I am a breath away from a 5 min spy sell signal (inverted RVX must go below signal line)
ps It’s all your fault “Boss.” I’m totally joking, see

1016harapa5.png

Fire the gun when it is ready to "GO". Its takes me some extra time to publish here.

Doctor Boss: it just fired a sell signal this 5 minute period
quite fresh, it might want to do the honey-badger macarena so i'll give her a minute
chart soon

[Cobra]

nothing new, only the targets are not valid.

[TraderGirl]

Bears might have to wait another week or two

70.png

I have a trough expected for that time frame...

You see weakness for the next few days and more strength after the election? Ahhh, TraderLady, I don't see things that way. Let's make a bet, ok? I'll buy you a bottle of Champagne, you buy me a beer

We may get a pullback tomorrow, but then more up...

I don't see weakness until after the 22nd/23rd, next week...

I am seeing a potential trough around Nov 1st (+/- 3 days)...

It looks like another pullback around the elections but I don't believe it has the potential for a new low...the low around Nov 1st has the potential for a new low...whether we get it or not is questionable...??

There is a big turn for oil on Nov 9th, which is the other pullback in the markets I was speaking of around the time of the election...possibly oil moves up with the market around that time...

After the trough at the end of Oct, the market could be generally up into early January....

The bet is on!!

[TWT]

SPX: short term update

[TraderGirl]

Financials not participating in this rally too much...Just read the news about Vikram Pandit resigning from Citi....must be some problems over there....

[TraderJoe]

Financials not participating in this rally too much...Just read the news about Vikram Pandit resigning from Citi....must be some problems over there....

They are saying he was fired....

[Al_Dente]

PAGING DOCTOR BOSS H
Here’s what my sell spy signal looks like on the 5min vix system
Show me yours pls (5 minute only) thx
[chart updated at EOD]

[TraderGirl]

Financials not participating in this rally too much...Just read the news about Vikram Pandit resigning from Citi....must be some problems over there....

They are saying he was fired....

These days, isn't resigning being fired?? Yes, you are right, he 'technically' resigned, but in all actuality he was pushed out....he left like a gentleman....

[uempel]

TraderLady, you are an oracle

[MrMiyagi]

IBM and INTC report AH.