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Re: 10/23/2012 Live Update

Posted: Tue Oct 23, 2012 3:19 pm
by Cobra
well, hopefully this MM target could work. not sure, I'm neutral here.

Posted: Tue Oct 23, 2012 3:19 pm
by MrMiyagi
They are printing as fast as they can.

Re: 10/23/2012 Live Update

Posted: Tue Oct 23, 2012 3:21 pm
by Me XMan
It's a no-brainer. Market can't to go hell in a straight line. Also too much at stakes in election in 3 weeks time. Gotta keep the pawns in the game you know.
ClarkW wrote:BTW, great call earlier on going long Me XMan. Very nice!

Re:

Posted: Tue Oct 23, 2012 3:22 pm
by Me XMan
Benny has reputation to keep :D
MrMiyagi wrote:They are printing as fast as they can.

Posted: Tue Oct 23, 2012 3:23 pm
by MrMiyagi
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Re:

Posted: Tue Oct 23, 2012 3:24 pm
by fehro
MrMiyagi wrote:They are printing as fast as they can.
FOMC minutes released tomorrow at 2:15 ET.

Posted: Tue Oct 23, 2012 3:25 pm
by MrMiyagi
L_T wrote:
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.
That's what I was planning, bounce play.

Posted: Tue Oct 23, 2012 3:26 pm
by MrMiyagi
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Re: 10/23/2012 Live Update

Posted: Tue Oct 23, 2012 3:27 pm
by TraderGirl
It's very possible we are tracing out an ending diagonal on the SPX....there is support around 1390ish for d...'e' can fail, it doesn't have to make it to the top of the triangle, it can also overshoot slightly...but if in fact we head higher than the last high, there is resistance around 1495 at the channel and then again at the triangle around 1507 around Dec 24th (a potential time of a crest)...

Re: 10/23/2012 Live Update

Posted: Tue Oct 23, 2012 3:28 pm
by TraderJoe
Lot's of pbars today!!

Re: 10/23/2012 Live Update

Posted: Tue Oct 23, 2012 3:30 pm
by Harapa
PAGING AL
VIXiess may change their mind at the last minute before the close like yesterday. XIV is not budging at the moment, NYAD negative. Ignore signal if issued in the last 15 mins ?

Re: 10/23/2012 Live Update

Posted: Tue Oct 23, 2012 3:31 pm
by TWT
SPX: A terminal pattern could be delayed a few weeks

Posted: Tue Oct 23, 2012 3:31 pm
by MrMiyagi
TraderJoe wrote:Lot's of pbars today!!

Re:

Posted: Tue Oct 23, 2012 3:34 pm
by L_T
MrMiyagi wrote:
L_T wrote:
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.
That's what I was planning, bounce play.
Would it be possible (pretty please) for an Elliot Wave guru to post a chart of IWM? I'm curious about an oversold bounce as well.

Re: 10/23/2012 Live Update

Posted: Tue Oct 23, 2012 3:35 pm
by fehro
bear flag still in play..

Re: 10/23/2012 Live Update

Posted: Tue Oct 23, 2012 3:38 pm
by Cobra

Re: 10/23/2012 Live Update

Posted: Tue Oct 23, 2012 3:38 pm
by Cobra
guys, before the close, please take a little time to vote for me, thanks. http://stockcharts.com/public/1684859/tenpp

Re: 10/23/2012 Live Update

Posted: Tue Oct 23, 2012 3:39 pm
by Cobra
trend line support. I'm still neutral.

Re: 10/23/2012 Live Update

Posted: Tue Oct 23, 2012 3:41 pm
by fehro
Dow looks ugly.

Re: 10/23/2012 Live Update

Posted: Tue Oct 23, 2012 3:41 pm
by Al_Dente
Harapa wrote:PAGING AL
VIXiess may change their mind at the last minute before the close like yesterday. XIV is not budging at the moment, NYAD negative. Ignore signal if issued in the last 15 mins ?
i don't think it will get to "buy" unless we have a massive sqz at the close
renko says flag up to descending MA
if this is a bull, i will be late to the party, and i am fine with that
1023renko.png