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Re: 07/10/2012 Live Update
Posted: Tue Jul 10, 2012 4:17 pm
by ClarkW
dr659 wrote:TraderGirl wrote:ClarkW wrote:snakehead wrote:I get the impression that very few people on this board have lived through a real bear market.

2008 felt a little bearish to me
2000 bear market...anyone remember tech crashing all around?? I had clients worth 50 million in one minute, the next minute they were worth, $50....told them to diversify, but they kept saying "but it's going to go higher"...famous last words...
Is a crash and a Bear the same thing? , Maybe he means a real Bear like the one that lasted from 1966 to 1982 were stocks went nowhere.
Even using that definition we've all been in one right? 1998-now?
Maybe he's speaking of the Great Depression because he's 100 years old. Probably also blabbers about walking 10 miles uphill in the snow to school

(JUST KIDDING)
Re: 07/10/2012 Live Update
Posted: Tue Jul 10, 2012 4:20 pm
by Al_Dente
Mr. BachNut wrote:Al_Dente wrote:ClarkW wrote:snakehead wrote:I get the impression that very few people on this board have lived through a real bear market.

2008 felt a little bearish to me
1987 for me
I would not want to do another 1987. When we had the flash crash (May 6, 2010), I was thinking here we go again.
Mr. Bnut
how about 1929 ouch that one wiped me out

Re: 07/10/2012 Live Update
Posted: Tue Jul 10, 2012 4:22 pm
by TraderGirl
Re: 07/10/2012 Live Update
Posted: Tue Jul 10, 2012 4:22 pm
by MrMiyagi
Last minute Hopium;
Re: 07/10/2012 Live Update
Posted: Tue Jul 10, 2012 4:22 pm
by jdow
Yep, I’m flipping the coin, at least I’m up now...
Petsamo wrote:jdow wrote:QQQ < 20 day ema. I’ll hold short ...
Daniel-David wrote:SPY trying to close above the 20day sma
Since the Nikkei & Hang Seng dumped, they might rally tonight.
Since India & Europe rallied, they'll likely dump. Maybe I should've sold my EWP (Spain).
Re: 07/10/2012 Live Update
Posted: Tue Jul 10, 2012 4:24 pm
by TraderGirl
Re: 07/10/2012 Live Update
Posted: Tue Jul 10, 2012 4:26 pm
by MrMiyagi
Does it work into your plans?
TRIN says reversal, TLT says reversal, TBT says reversal. NYMO says either way.
Re: 07/10/2012 Live Update
Posted: Tue Jul 10, 2012 4:34 pm
by snakehead
Petsamo wrote:jdow wrote:QQQ < 20 day ema. I’ll hold short ...
Daniel-David wrote:SPY trying to close above the 20day sma
Since the Nikkei & Hang Seng dumped, they might rally tonight.
Since India & Europe rallied, they'll likely dump. Maybe I should've sold my EWP (Spain).
So, day N is always negatively correlated to day N+1 ?
That's the model you're using?
Re: 07/10/2012 Live Update
Posted: Tue Jul 10, 2012 4:42 pm
by snakehead
ClarkW wrote:dr659 wrote:TraderGirl wrote:ClarkW wrote:snakehead wrote:I get the impression that very few people on this board have lived through a real bear market.

2008 felt a little bearish to me
2000 bear market...anyone remember tech crashing all around?? I had clients worth 50 million in one minute, the next minute they were worth, $50....told them to diversify, but they kept saying "but it's going to go higher"...famous last words...
Is a crash and a Bear the same thing? , Maybe he means a real Bear like the one that lasted from 1966 to 1982 were stocks went nowhere.
Even using that definition we've all been in one right? 1998-now?
Maybe he's speaking of the Great Depression because he's 100 years old. Probably also blabbers about walking 10 miles uphill in the snow to school

(JUST KIDDING)
Yeah, sure, and I also consider myself to be the "Chris Christie" of this board.
http://www.youtube.com/watch?v=Kj16vHTXMxo
Re: 07/10/2012 Live Update
Posted: Tue Jul 10, 2012 4:42 pm
by TraderGirl
MrMiyagi wrote:
Does it work into your plans?
TRIN says reversal, TLT says reversal, TBT says reversal. NYMO says either way.
I don't see a reversal in treasuries yet...
Re: 07/10/2012 Live Update
Posted: Tue Jul 10, 2012 5:05 pm
by snakehead
TraderGirl wrote:MrMiyagi wrote:
Does it work into your plans?
TRIN says reversal, TLT says reversal, TBT says reversal. NYMO says either way.
I don't see a reversal in treasuries yet...
Yup ---- more like a breakout ....
Re: 07/10/2012 Live Update
Posted: Tue Jul 10, 2012 5:16 pm
by SWalsh
Cobra wrote:well, guess that's it for today. now we have the answer for my short-term evil plan, so no bother to blah blah here, this is on a little bit longer time frame than the next couple of days of course. for very short-term in the next couple of days, I won't be too bearish which I'll explain in tonight's report. Thank you guys, I'll see you tomorrow.
is it my eyes or are they not parallel lines?
Re: 07/10/2012 Live Update
Posted: Tue Jul 10, 2012 5:20 pm
by SWalsh
Re: 07/10/2012 Live Update
Posted: Tue Jul 10, 2012 5:59 pm
by MrMiyagi
TraderGirl wrote:
I don't see a reversal in treasuries yet...
Re: 07/10/2012 Live Update
Posted: Tue Jul 10, 2012 7:49 pm
by xfradnex
Re: 07/10/2012 Live Update
Posted: Tue Jul 10, 2012 8:01 pm
by Al_Dente
Dr. X
Here’s another….a $VIX wedge alert (top panel), not quite descending triangle, but $VIX is at bolinger centerline resistance… so we’ll see…
What do yr elders say?
[ps what are Cutters?]
Re: 07/10/2012 Live Update
Posted: Tue Jul 10, 2012 8:05 pm
by xfradnex
Al_Dente wrote:Dr. X
Here’s another….a $VIX wedge alert (top panel), not quite descending triangle, but $VIX is at bolinger centerline resistance… so we’ll see…
What do yr elders say?
[ps what are Cutters?]
710vixwedge.png
A reference to Mr. T's need for sharp objects after reading Zero Hedge. Cutters are people who cut themselves for pleasure( go figure).
Dr Al. I found your place of birth; I did not know you were swiss.
http://www.youtube.com/watch?v=GXmaS1ZzpA8

More than money can grow from trees.

Re: 07/10/2012 Live Update
Posted: Tue Jul 10, 2012 8:12 pm
by xfradnex
Al_Dente wrote:Dr. X
Here’s another….a $VIX wedge alert (top panel), not quite descending triangle, but $VIX is at bolinger centerline resistance… so we’ll see…
What do yr elders say?
[ps what are Cutters?]
710vixwedge.png
I saw other graphs today , with the bollingers, however those earlier Bollinger exceedences were much stronger than todays? But a bounce is more than possible.
Re: 07/10/2012 Live Update
Posted: Tue Jul 10, 2012 8:28 pm
by xfradnex
Daily Elders, More Red in the World markets. Still not enough for a convencing Bear move.
Re: 07/10/2012 Live Update
Posted: Tue Jul 10, 2012 8:42 pm
by xfradnex