05/16/2012 Live Update

[MrMiyagi]

Dang it.. sold my SLW puts a few ticks too soon.

[Cobra]

Cobra are you seeing that descending triangle on the 2 minute chart?

yes.

[Petsamo]

X just got excited

[Petsamo]

They're gonna finish this at the lows so we gap up.

[rola]

nasty

[MrMiyagi]

AAPL making a feeble attempt at digging its way out of the grave.

[Cobra]

this break down should make my last night evil plan a little bit clear, but still I prefer a little more.

[TraderGirl]

5 minute TSI support still has not broken to the downside....

[Petsamo]

3.7 million last sell on SPY

[Cobra]

well, guess that's it for today. check last night market outlook, you should have the answer for tomorrow, although not decisive enough I'd like to say but still the odds favor the "" side. Thank you guys, I'll see you tomorrow.

[MrMiyagi]

favor the "" side..

OK, the quote side it is then..

[Al_Dente]

FB
Wedbush target was FB $44, and they underwrote half the Valley (as Wedbush Noble Cook), and they are really good at publicity/promo…

FB is “well on its way to ubiquity” … single biggest challenge is “government regulation”
http://wn.com/wedbush's_kerner_intervie ... rby=rating

[Al_Dente]

Full text of FRB minutes
Yes, these are from the Apr 24-25 meeting, RELEASED TODAY
http://www.federalreserve.gov/monetaryp ... 120425.htm

[Mr. T]

well, guess that's it for today. check last night market outlook, you should have the answer for tomorrow, although not decisive enough I'd like to say but still the odds favor the "" side. Thank you guys, I'll see you tomorrow.

The "*" side.......

You mean the "dark side"

"One you start down the dark path, forever will it dominate your destiny........"

Chaz Bono,,, save us!!!!

[TWT]

DAX (Future): Overlapping down side action could be forming an Ending Diagonal. Something to watch tomorrow

[SWalsh]

The "*" side.......

You mean the "dark side"

"One you start down the dark path, forever will it dominate your destiny........"

Chaz Bono,,, save us!!!!

AARRGGHH....I can't.....I've been staring at this all day and while there is a possibility that this is all a running correction and it will be the REAL Dark Side. But if you didn't tell me what this was and asked me to label this chart from the top it would take me 5 minutes at the most because it's clear. Well, the 128s were only 5 cents and I have been selling the trendline highs in this move.

P.S. Lose the Chaz....my friend is a CAD engineer at Northrup-Grumman. He can do ANYTHING with a Mr-T picture...LOL

P.P.S. Not to duplicate Liam Neeson, but my "Special Skills" are more honed than his
This is my weapon, this is my gun. This is for shooting, this is for fun

[Petsamo]

DAX (Future): Overlapping down side action could be forming an Ending Diagonal. Something to watch tomorrow

The daily chart on the DAX looks like a descending wedge, which is suppose to be bullish.

[snakehead]

Pass the hopium pipe -- Japan just printed a higher-than-expected GDP ( grew an annualized 4.1% in the January-March quarter ).

[ronrico]

Want to buy an ugly open in AAPL