Re: 04/19/2012 Live Update
Posted: Thu Apr 19, 2012 3:46 pm
DJIA broke upwards that bear flag.
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04/19/2012 Live Update
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Re: 04/19/2012 Live Update
Posted: Thu Apr 19, 2012 3:46 pm
Here's my chart. Bulls are in good shape if we close here. They ALWAYS find a way. That said, gap down tomorrow, things change. Not likely.
Re: 04/19/2012 Live Update
Posted: Thu Apr 19, 2012 3:46 pm
Al_Dente wrote:show meBullBear52x wrote:I spoke too soon, (like alwaysKeiZai wrote:Im with uBullBear52x wrote:RSI(5) weekly now back under 50 this time is different, I yelled shorts hands off once this was above 50 well, not any more.KeiZai wrote:I know we have one more day but so far strong bullish candle on weekly) now RSI is back above 50, well well well.......
Re: 04/19/2012 Live Update
Posted: Thu Apr 19, 2012 3:47 pm
some resistances here. 13 min to close, anything could happen, so no idea.
Re: 04/19/2012 Live Update
Posted: Thu Apr 19, 2012 3:48 pm
Back above the trendline on the daily:
Re: 04/19/2012 Live Update
Posted: Thu Apr 19, 2012 3:48 pm
as did ES by now I think.tomsky wrote:DJIA broke upwards that bear flag.
Re: 04/19/2012 Live Update
Posted: Thu Apr 19, 2012 3:49 pm
well, don't tell me we close green in the last 12 minutes. I saw this happened before, so I'm willing to accept anything happens here.
Re: 04/19/2012 Live Update
Posted: Thu Apr 19, 2012 3:51 pm
I know that you don't drink, but I'd buy you a beer if SPX closes below 1376/77...Cobra wrote:some resistances here. 13 min to close, anything could happen, so no idea.
Re: 04/19/2012 Live Update
Posted: Thu Apr 19, 2012 3:52 pm
intraday is way over bought, my lead man will not buy here.
Thanks Cobra and everyone, GLTA
TA NOTE: IWM, XLF, QQQ and IYT are NOT playing along the bulls game, Long beware!
Thanks Cobra and everyone, GLTA
TA NOTE: IWM, XLF, QQQ and IYT are NOT playing along the bulls game, Long beware!
Re: 04/19/2012 Live Update
Posted: Thu Apr 19, 2012 3:53 pm
bulls have 8 min to make a miracle. 
Re: 04/19/2012 Live Update
Posted: Thu Apr 19, 2012 3:53 pm
Re: 04/19/2012 Live Update
Posted: Thu Apr 19, 2012 3:54 pm
Gap up in the morning is what my Koi is telling me.
Re: 04/19/2012 Live Update
Posted: Thu Apr 19, 2012 3:55 pm
have my fingers crossed.uempel wrote:I know that you don't drink, but I'd buy you a beer if SPX closes below 1376/77...Cobra wrote:some resistances here. 13 min to close, anything could happen, so no idea.
I don't drink ONLY IF I HAVE TO PAY!
Re: 04/19/2012 Live Update
Posted: Thu Apr 19, 2012 3:56 pm
They are trying to hold the longer channels on SPX, NDX, and IWM. These were BIG STUFFS and it's why people are leaving and a few significant money managers I know are not happy with this kind of activity.Cobra wrote:so far still a bear flag though.
The larger on on DJI, which has been leading, is at 13027. But it is not like SPX as it went so far out of its channel it's no longer valid. The War Room will decide tonight whether to let this go or fight if for a few more weeks. They'd be better off shaking out some longs and putting in some shorts if they want to rally it. Corporate fascism, loved also by FDR, is like watching sausage or law made...ugly. I hope our future health has more credentials that this crap bidding and creating nothing:
Re: 04/19/2012 Live Update
Posted: Thu Apr 19, 2012 3:56 pm
well, guess that's for today. Need dig a little for tomorrow. the seasonality according to stock trader's almanac is bullish though. thank you guys, I'll see you tomorrow.
Re: 04/19/2012 Live Update
Posted: Thu Apr 19, 2012 3:58 pm
So who's placing bets for a gap down ?
Re: 04/19/2012 Live Update
Posted: Thu Apr 19, 2012 3:59 pm
Yes...MrMiyagi wrote:Gap up in the morning is what my Koi is telling me.
Re: 04/19/2012 Live Update
Posted: Thu Apr 19, 2012 4:00 pm
hmm, what did uempel say? close below 1377?
Re: 04/19/2012 Live Update
Posted: Thu Apr 19, 2012 4:00 pm
2.6 million last sell on SPY
Re: 04/19/2012 Live Update
Posted: Thu Apr 19, 2012 4:00 pm
I might but don't count as i trade also in european session and might change my position based on what happens then.