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Re: 12/11/2012 Live Update
Posted: Tue Dec 11, 2012 11:45 am
by TraderJoe
Hi Mr. BachNut,
I also read all of your post.
Thanks,
Joe
Mr. BachNut wrote:Net Long.
Yesterday at the close my composite trend indicator signal turned up.
It is a little concerning it turned this late into the up cycle, but it is what it is.
My summation index signal remains up.
I got an ARMs sell warning signal at yesterday's close too.
So, there is a risk of a sell-off in the next week or so.
This signal has been exacerbated by this mornings action.
For the moment, I am honoring both signals assembling long and short positions.
Re: 12/11/2012 Live Update
Posted: Tue Dec 11, 2012 11:45 am
by Cobra
resistance here on the global ES.
Re: 12/11/2012 Live Update
Posted: Tue Dec 11, 2012 11:58 am
by Mr. BachNut
victorm wrote:Mr. BachNut wrote:Net Long.
Yesterday at the close my composite trend indicator signal turned up.
It is a little concerning it turned this late into the up cycle, but it is what it is.
My summation index signal remains up.
I got an ARMs sell warning signal at yesterday's close too.
So, there is a risk of a sell-off in the next week or so.
This signal has been exacerbated by this mornings action.
For the moment, I am honoring both signals assembling long and short positions.
Thank you BachNut, upreciate your opinion very much, great stuff for swing trading,,.
Whether you use my position notes as an indicator to trade with or as a contra-indicator to trade against, I am happy to help...
Just use stops!
My positions are real money. So, you'll know when I am taking it on the chin...or taking it to the bank.
Re: 12/11/2012 Live Update
Posted: Tue Dec 11, 2012 12:00 pm
by L_T
My favorite chart today: LOW
Trying to print its 7th red candle in a row today while maintaining its strong uptrend.
Re: 12/11/2012 Live Update
Posted: Tue Dec 11, 2012 12:03 pm
by KENA
Chart by Stocktiming showing His PS Indicator..Notice the drop yesterday..His comments are that the last times this happened the mkt took a big drop..Notice the other charts you can see the drop..Anything can happen so we just wait and see if the charts are correct this time.
Re: 12/11/2012 Live Update
Posted: Tue Dec 11, 2012 12:04 pm
by L_T
Also check out bio-tech names for some very nice-looking charts. CELG, GILD, AMGN, REGN, or via ETF IBB.
Re: 12/11/2012 Live Update
Posted: Tue Dec 11, 2012 12:12 pm
by KeiZai
Still a little room for after party?
Re: 12/11/2012 Live Update
Posted: Tue Dec 11, 2012 12:16 pm
by daytradingES
anybody got something bearish to post?
or a joke?
...:}
I here the Fiscal Cliff is now a sure thing.
You heard the rumour here first!
Re: 12/11/2012 Live Update
Posted: Tue Dec 11, 2012 12:18 pm
by Cobra
potential C&H target if indeed breakout. so far so good for bulls.
Re: 12/11/2012 Live Update
Posted: Tue Dec 11, 2012 12:19 pm
by KeiZai
daytradingES wrote:anybody got something bearish to post?
or a joke?
...:}
I here the Fiscal Cliff is now a sure thing.
You heard the rumour here first!
Yeah that´s why big guys are closing shorts this year
(short squeeze rally) check some heavily shorted stocks
Re: 12/11/2012 Live Update
Posted: Tue Dec 11, 2012 12:20 pm
by Cobra
on global es, it's clear why ES consolidates here.
Re: 12/11/2012 Live Update
Posted: Tue Dec 11, 2012 12:23 pm
by daytradingES
Mayan Prophecy confirmed!!!
End of world actually Fiscal Cliff.
Re: 12/11/2012 Live Update
Posted: Tue Dec 11, 2012 12:26 pm
by skittlesmds
daytradingES wrote: Mayan Prophecy confirmed!!!
End of world actually Fiscal Cliff.
End of the world to the moon on ES
Re: 12/11/2012 Live Update
Posted: Tue Dec 11, 2012 12:26 pm
by Cobra
target met. this bull has more legs.
Re: 12/11/2012 Live Update
Posted: Tue Dec 11, 2012 12:28 pm
by KENA
Cobra wrote:target met. this bull has more legs.
Can only have 4 legs...
Re: 12/11/2012 Live Update
Posted: Tue Dec 11, 2012 12:30 pm
by skittlesmds
Cobra wrote:target met. this bull has more legs.
Santa Claus Rally! or Santa Bernanke Rally?
Re: 12/11/2012 Live Update
Posted: Tue Dec 11, 2012 12:30 pm
by TraderJoe
KENA wrote:Cobra wrote:target met. this bull has more legs.
Can only have 4 legs...
Re: 12/11/2012 Live Update
Posted: Tue Dec 11, 2012 12:31 pm
by daytradingES
Quick somebody cut it's legs!!
Re: 12/11/2012 Live Update
Posted: Tue Dec 11, 2012 12:31 pm
by ClarkW
L_T wrote:My favorite chart today: LOW
Trying to print its 7th red candle in a row today while maintaining its strong uptrend.
L_T or any Elliott Waver. I have zero knowledge on EWT, my eyeball sees that as 5th wave complete. Am I way off? Probably but curious to see others opinion
Re: 12/11/2012 Live Update
Posted: Tue Dec 11, 2012 12:33 pm
by daytradingES
Go down baby,
go down
you can do it.
down, down, down....