07/19/2012 Live Update

[johnnywa]

the FEELING is one more leg down to test the previous low at least.

That does not look good

[Petsamo]

I guess resistance is SPY's H&S neckline

[nicha]

Funny lol.

You can't think when ur dead so why wud u feel you need a tree on ur grave.

You know what's bad, man? Being dead, that's what's bad, man.

Being dead, you can't eat any cookies. You sure can't bake any cookies for anybody else so they can tell you how great your cookies are.

You can't go swimming, you can't throw a football, you can't hug and kiss your significant other, you can't screw up some recipe by putting in too many herbs, or too much salt.

Being dead sucks. You can't dig yourself out of it. You can't plant a flamingo on your own grave, even if you think there should be one there.

You can't even get down on yourself for not composiing your first symphony.
W
Unless Apple comes up with a new device, there's not a person here who's gonna be alive in 100 years. Maybe not in 50 years? Maybe a couple.

The stock market is the worst video game you'll ever play. Do something else now and then. Go for a walk in the park, eat a fantastic burrito, make french toast for breakfast. It's a lot easier than second guessing the annoying assholes who run the joint.

Oh, yeah, and don't listen to any gurus. They'll scream to the high heavens when they're right. And when they're wrong, expect them to pretend it never happened, but for all their friends to crawl out of the four corners and talk about how great they are, and how stupid you are for not following your own advice.

It's a cool world, isn't it? Maybe we could bullshit each other a little bit less, I dunno, might save some time.

You don't like this? Shouldn't have read it, then. Wouldn't have been able to if you were dead. Welcome.

[kamukak]

Time to add to longs again, power hour might have started earlier today!!!

[BullBear52x]

Here is my read on intraday:

The last two buys, no new high so bear have a chance at next sell to prove themselves. and I expect to see new low.

[Mr. BachNut]

Here is what a drought looks like...

Here is what filling up your tank looks like...

[Cobra]

OK, I'll shut up. no idea what the market is doing. it's a range day.

[noob]

OK, I'll shut up. no idea what the market is doing. it's a range day.

It's a catch up day for many stocks who lagged the market. Not sure whether it is broad enough.

[Petsamo]

We have an hour & 10 min for da bears to make themselves known

[SWalsh]

FWIW, we are on an NDX T-Time:

[Daniel-David]

"Here is what a drought looks like..." LOL, Mr. Bachnut. PRICE is truth!

[Cobra]

not a strong rebound as it's already 2 legged, so bears may still have chances.

[SWalsh]

Here is my read on intraday:

The last two buys, no new high so bear have a chance at next sell to prove themselves. and I expect to see new low.

While I guess the odds are always 50/50 (up/down) this has "be careful" stamped on it:

[BullBear52x]

I must be Honey badger like how Dr. Al sees me, I am too active today

[Daniel-David]

qqq holding above 20period & 50, 5min bars...

[MrMiyagi]

POWER HOUR

[BullBear52x]

POWER HOUR

can I hold the cord, and you hold the button panel.

[KeiZai]

2 squeezes for power hour?

euro

SP

[SWalsh]

When we are in a strong trend up, the HFTs bury these. Their activity is seen at every turn today:

[wayne0708]

OK, I'll shut up. no idea what the market is doing. it's a range day.

Cobra:
How does spy look on hourly so far?