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02/27/2013 Live Update

jademann
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Re: 02/27/2013 Live Update

Post by jademann »

TraderGirl wrote:I posted this VIX chart a ways back comparing the very tight BBands squeezing to the same period back in May of 2011...we got a similar spike up in the VIX...what happened next was a bounce off of the 50dma to a lower high...

It's just an analog...don't always follow the same plan...but the similarities are interesting...

TG, you get chart of the year award with that chart. Brilliant! thanks!
My comments were dictated to me by homie the clown
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Out of Bounds
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Re: 02/27/2013 Live Update

Post by Out of Bounds »

Added shorts. I am fully short. Hatefully so. End of world expected.
Wild swings do not indicate the trend will continue.
...
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Hubon
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Re: 02/27/2013 Live Update

Post by Hubon »

Thanks for the info :)

Yeah this is true

http://switchboard.nrdc.org/blogs/epepp ... _bear.html
taggard
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Re: 02/27/2013 Live Update

Post by taggard »

pure specuation--

assuming we use the spx top at 1530 and the bottom ball park 1485 we have a nice 45 point range to flip to 1575. this of course is very close to the last major high on a monthly and is entering the interesting area for a major top sort of 1550 to 1650. ideally with the dow jones in-dust-reals and rut breaking out nicely.

the confluence of opinion on central banks--will result in sorrow as does all confluence of opinion in the markets. These outsized price bars on a daily also look interesting. the retirement money continues in march which is often a decent month.

if you like the qs then we measure ballpark 70.70 or so--just over the last top (if and when). on a monthly chart this would more or less be a third hit of an upper wedge line--making it a very key moment.

looking the monthly stuff every once in a while allows a different perspective
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Nrsimha
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Re: 02/27/2013 Live Update

Post by Nrsimha »

Paging Myagi:

There are still a few open P-bars way down below? Aren't there? :twisted:
TraderGirl
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Re: 02/27/2013 Live Update

Post by TraderGirl »

Both SPX and Dow sitting at a resistance point...but need to see some selling here to get a pullback...

I still believe with this price action Dow is currently forming wave (5)...

as well as other indices...
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Screen Shot 2013-02-27 at 12.08.59 PM.png
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Out of Bounds
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Re: 02/27/2013 Live Update

Post by Out of Bounds »

...
StudentBill
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Re: 02/27/2013 Live Update

Post by StudentBill »

So far so good.
scCAJ0S7TC.png
jademann
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Re: 02/27/2013 Live Update

Post by jademann »

TraderGirl wrote:Both SPX and Dow sitting at a resistance point...but need to see some selling here to get a pullback...

I still believe with this price action Dow is currently forming wave (5)...

as well as other indices...

TG, Looks like a megaphone pattern which I thought was bearish but it prob depends on which direction it breaks
My comments were dictated to me by homie the clown
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Nrsimha
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Re: 02/27/2013 Live Update

Post by Nrsimha »

jademann wrote:
TraderGirl wrote:Both SPX and Dow sitting at a resistance point...but need to see some selling here to get a pullback...

I still believe with this price action Dow is currently forming wave (5)...

as well as other indices...

TG, Looks like a megaphone pattern which I thought was bearish but it prob depends on which direction it breaks

'Feels' overbought to me.
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TWT
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Re: 02/27/2013 Live Update

Post by TWT »

$DOW: New higher high congrats to BEN
skittlesmds
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Re: 02/27/2013 Live Update

Post by skittlesmds »

TWT wrote:$DOW: New higher high congrats to BEN
Endless bids higher!!!!
TraderGirl
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Re: 02/27/2013 Live Update

Post by TraderGirl »

Tomorrow I have a turn date....don't know if we turn down, or accelerate up...??
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Cobra
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Re: 02/27/2013 Live Update

Post by Cobra »


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Hubon
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Re: 02/27/2013 Live Update

Post by Hubon »

:oops: Dow tripple top break out
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Hubon
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Re: 02/27/2013 Live Update

Post by Hubon »

Here it is
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Xian
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Re: 02/27/2013 Live Update

Post by Xian »

From today's TED event: Nerd with computer strapped to his head tells audience smartphones are "emasculating." :lol: :lol: :lol:

I don't get these guys. They write ONE algorithm 15 yrs ago and now they "know" the future? Please. Just make one other product that makes money, take that stupid shit off your face, and we'll talk.

http://news.cnet.com/8301-1035_3-575716 ... sculating/
TraderGirl
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Re: 02/27/2013 Live Update

Post by TraderGirl »

XIV stopped at resistance..
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BullBear52x
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Re: 02/27/2013 Live Update

Post by BullBear52x »

/ES hourly RSI = 89 11 more point to go to hit a perfect 100 :lol: sure I am going to get squeeze.
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My comments are for entertainment/educational purpose only. NOT a trade advice.
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Apple
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Re: 02/27/2013 Live Update

Post by Apple »

Out of Bounds wrote:Added shorts. I am fully short. Hatefully so. End of world expected.
Wild swings do not indicate the trend will continue.

Probably right, but I'm not there yet... :?
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