11/27/2012 Live Update

[laoguo]

I hope it's not just a breather before further collapse.

It took just one candle to reach your p-bar.

[Harapa]

PAGING HARAPA
Regarding the OLD honey badger MO5 set-up
(including XIV)

Buy since morning (you know it flip flop a lot), XIV was buy as well but is not part of the old matrix.

[wayne0708]

meeting @ 3 ET. Hope I wont miss anything.

[toddymc]

waiting for confirmation from XIV.

Trendline need to hold on an hourly basis --otherwise
Buh Bye !

and of course....

[Darkmatter]

lol they've got everybody brainwashed that the fiscal cliff now dictates market movements. One little comment and kablooey.

[Al_Dente]

PAGING HARAPA
Regarding the OLD honey badger MO5 set-up
(including XIV)

Buy since morning (you know it flip flop a lot), XIV was buy as well but is not part of the old matrix.

I have agree sell from 5min OLD MATRIX (honey badger 89) but including XIV
New one won’t issue sell until price goes lower (confirms)…….. which pizzzzzes me off.....

[MrMiyagi]

Habib called me, he says the camel's back is broken.

[BullBear52x]

paging KeiZai

$USD got hammer yesterday, panic! well XIV say so.

[TraderGirl]

XIV on the 15 minute broke below 34dma, if it can stay below, it stays on sell mode...

Formed an ascending broadening wedge...we'll see how it plays out...

[BullBear52x]

paging KeiZai

$USD got hammer yesterday, panic! well XIV say so.

Here is a chart for XIV that said it's hero time!

[Cobra]

members only update at 2:56pm
http://www.cobrasmarketview.com/2012/11 ... ve-update/

[Xian]

well, too bad, a failed Double Bottom, now the chart is hard to say. wait.

Sentor Reid said "LIttle Progress on Fiscal Cliff"

Too funny. I can't believe the stock market is so myopic to believe that something was going to happen here. They said yesterday "little progress". They said Sunday "little progress". They were gone for Thanksgiving all last week = little progress

What's going to happen is nothing. It's a Washington specialty and now that doing nothing is easiest for both parties, you can grow increasingly confident in that outcome.

Taxes will go up for everyone on Jan 1, then GOPers will be pressured to sign off on a middle class tax cut after the new congress comes in. Simple. GOPers don't have to violate their crazy pledge and the all the new congressmen get to go home and tell their districts they voted for a tax cut. Hooray!

So, tax rates can up without GOPers voting to raise taxes, and they get to keep their stupid pledges. Democrats get their rate increase on "the rich". Everybody wins (politically). Now how often does that happen?

Only other option is GOPers roll over prior to Jan 1, but must put up some kind of fight first, then roll over.That just depends on how bad the sh*tstorm gets before Christmas and how big a tantrum the market throws.

Compared to figuring out what's going on in the market, politics is like whiffle ball— easy, fun, and mildly stupid.

[Harapa]

I have agree sell from 5min OLD MATRIX (honey badger 89) but including XIV
New one won’t issue sell until price goes lower (confirms)…….. which pizzzzzes me off.....

Last trade by new setup is up 3.3% (SPY), what are you complaining about?

[KeiZai]

paging KeiZai

$USD got hammer yesterday, panic! well XIV say so.

I closed all risk currency trades at midnight (5PM in US) due to 4h hammer on USDCHF

DXY bounced strong from 80.11 so coming days should become interesting even if we get one more push up pullback is just matter of time, can´t wait for that pullback to see how deep will be

[Al_Dente]

Unreal
Wussie bears b covering
Adv = 1500
Dec = 1400
What else can u expect but CHOP
[edit: it's just a flag up to 5min 20, 50 ma and vwap until further notice............. nonetheless

[KeiZai]

paging KeiZai

$USD got hammer yesterday, panic! well XIV say so.

Here is a chart for XIV that said it's hero time!

Thx bud!, I am already in she need to chill a little

[skittlesmds]

Unreal
Wussie bears b covering
Adv = 1500
Dec = 1400
What else can u expect but CHOP
[edit: it's just a flag up to 5min 20, 50 ma and vwap until further notice............. nonetheless

I'm still short. I hope I didn't miss my exit.

[Al_Dente]

I have agree sell from 5min OLD MATRIX (honey badger 89) but including XIV
New one won’t issue sell until price goes lower (confirms)…….. which pizzzzzes me off.....

Last trade by new setup is up 3.3% (SPY), what are you complaining about?

I’m not complaining doc, I’m just……u know…..complaining…

Los Lonely Boys: http://www.youtube.com/watch?v=NPIWkzUaDvQ

[MrMiyagi]

!!!POWER HOUR!!!!

[BullBear52x]

paging KeiZai

$USD got hammer yesterday, panic! well XIV say so.

I closed all risk currency trades at midnight (5PM in US) due to 4h hammer on USDCHF

DXY bounced strong from 80.11 so coming days should become interesting even if we get one more push up pullback is just matter of time, can´t wait for that pullback to see how deep will be

The moon and the star guru saying we bottom on the 29th, well, I'll leave that to TG to tell us more? what say you miss TG?