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Re: 12/11/2012 Live Update
Posted: Tue Dec 11, 2012 4:45 pm
by essessme
A different look at the ARMs index
Re: 12/11/2012 Live Update
Posted: Tue Dec 11, 2012 4:45 pm
by Cobra
joeynickels wrote:Cobra wrote:target met, now the morning low is the next point to watch.
Nice call Cobra. On the longer hourly time frame are we possibly looking at 3 push up pattern from the Nov 16 low and maybe 2 legged down if retest of the high today fails?
I'll talk about this in tonight's report. There's one criteria to check if indeed it's 3 push up - a pullback target, until that target is exceeded, this bull still is roaring.
Re: 12/11/2012 Live Update
Posted: Tue Dec 11, 2012 4:48 pm
by Mr. T
Bears have no hopes.......
Even that fool talking couldn't bring the market down.
Fiscal Cliff???? That's where they throw the bear carcases into the water.
Re: 12/11/2012 Live Update
Posted: Tue Dec 11, 2012 4:49 pm
by Al_Dente
The futures-volatility traders
XIV
are trying for HOD hi on day
Re: 12/11/2012 Live Update
Posted: Tue Dec 11, 2012 4:50 pm
by Darkmatter
Re: 12/11/2012 Live Update
Posted: Tue Dec 11, 2012 4:51 pm
by Cobra
Re: 12/11/2012 Live Update
Posted: Tue Dec 11, 2012 4:52 pm
by Darkmatter
LOL tweet Bloomberg and see if they put that on the air
Mr. T wrote:Bears have no hopes.......
Even that fool talking couldn't bring the market down.
Fiscal Cliff???? That's where they throw the bear carcases into the water.
Re: 12/11/2012 Live Update
Posted: Tue Dec 11, 2012 4:55 pm
by Cobra
well, guess that's it for today. FOMC tomorrow, usually is bull friendly, about 60% chances to close in green. Thank you guys, I'll see you tomorrow.
Before the close, please take a little time to vote for me, thanks.
https://stockcharts.com/public/1684859/tenpp
Re: 12/11/2012 Live Update
Posted: Tue Dec 11, 2012 4:56 pm
by TraderGirl
Tomorrow is a turn day...
Re: 12/11/2012 Live Update
Posted: Tue Dec 11, 2012 4:57 pm
by Al_Dente
Re: 12/11/2012 Live Update
Posted: Tue Dec 11, 2012 4:58 pm
by flrtrader
TraderGirl wrote:Tomorrow is a turn day...
You expect a turn down from higher, Or not? I was thinking we put the high in tomorrow around 1438es
Re: 12/11/2012 Live Update
Posted: Tue Dec 11, 2012 5:00 pm
by ClarkW
Re: 12/11/2012 Live Update
Posted: Tue Dec 11, 2012 5:02 pm
by TWT
SPX: So far a 3-wave down leg. But I need more !!!!
Re: 12/11/2012 Live Update
Posted: Tue Dec 11, 2012 5:05 pm
by TraderGirl
flrtrader wrote:TraderGirl wrote:Tomorrow is a turn day...
You expect a turn down from higher, Or not? I was thinking we put the high in tomorrow around 1438es
I think we saw a high today....but another turn on Friday...so possible for another high 14th/17th...but technicals might set up a nice neg d for down move next week...
Re: 12/11/2012 Live Update
Posted: Tue Dec 11, 2012 5:06 pm
by Al_Dente
WTF
I didn’t even notice SOXL was at the top of my [narrow] leader board today
TQQQ and XIV were close behind
