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Re: 05/22/2012 Live Update
Posted: Tue May 22, 2012 3:43 pm
by snakehead
News ???
(wtf????)
Re: 05/22/2012 Live Update
Posted: Tue May 22, 2012 3:45 pm
by Carlos
gap down tomorrow?
Re: 05/22/2012 Live Update
Posted: Tue May 22, 2012 3:46 pm
by Carlos
gap down tomorrow? I see huge RED volume spike on the spy 15 min chart...
Re: 05/22/2012 Live Update
Posted: Tue May 22, 2012 3:47 pm
by Cobra

more selling here, no sign of rebound.
Re: 05/22/2012 Live Update
Posted: Tue May 22, 2012 3:48 pm
by Cobra
descending triangle target reached.
Re: 05/22/2012 Live Update
Posted: Tue May 22, 2012 3:49 pm
by Me XMan
Selling hard on Greece exiting EU zone....
Re: 05/22/2012 Live Update
Posted: Tue May 22, 2012 3:49 pm
by Mr. BachNut
A down VIX today would have generated a buy signal for a lot of bulls but it is not to be.
Smackdown tomorrow to decide fate of the rally...
Re: 05/22/2012 Live Update
Posted: Tue May 22, 2012 3:49 pm
by Petsamo
Carlos wrote:gap down tomorrow? I see huge RED volume spike on the spy 15 min chart...
I placed my bets
Re: 05/22/2012 Live Update
Posted: Tue May 22, 2012 3:50 pm
by cguirguis
Do you consider that a double top on today's chart or would we normally have to retest the day's high?
Re: 05/22/2012 Live Update
Posted: Tue May 22, 2012 3:55 pm
by Cobra
cguirguis wrote:Do you consider that a double top on today's chart or would we normally have to retest the day's high?
that's just an 5 min chart double top, and target already met, so means nothing for tomorrow.
Re: 05/22/2012 Live Update
Posted: Tue May 22, 2012 3:55 pm
by Carlos
Petsamo,
Betting down tomorrow?
Re: 05/22/2012 Live Update
Posted: Tue May 22, 2012 3:56 pm
by TraderGirl
MrMiyagi wrote:Mr. T wrote:No Chaz and no Pat Morita's Ghost today?
I was wondering if there's any P-Bars......
p-bars on SPY down to 131.24$ and a small one on IWM to 76.45$
Here's Chaz!

Who says p-bars don't work??? P-bar to 1312, and we got to 1313 so far on spy.....hmmmmm.....
Re: 05/22/2012 Live Update
Posted: Tue May 22, 2012 3:58 pm
by Cobra
well, guess that's it for today. I'm not happy with what I see for bulls but still too early to declare bulls are dead. The only thing I know is, at least I won't expect a gap up tomorrow because we've already got 5 gap up in a row, which is very close to the max 6 consecutive ups in the most bullish phases of the past 2 years. Thank you guys, I'll see you tomorrow.
Re: 05/22/2012 Live Update
Posted: Tue May 22, 2012 3:58 pm
by fehro
bounce? or forming a triangle?
05/22/2012 Live Update
Posted: Tue May 22, 2012 4:01 pm
by Richarab
Re: 05/22/2012 Live Update
Posted: Tue May 22, 2012 4:02 pm
by Petsamo
1.3 million last buy on SPY
Re: 05/22/2012 Live Update
Posted: Tue May 22, 2012 4:02 pm
by TraderGirl
Re: 05/22/2012 Live Update
Posted: Tue May 22, 2012 4:05 pm
by cguirguis
TraderGirl wrote:
both SPX and VIX up....
What does that usually indicate?
Re: 05/22/2012 Live Update
Posted: Tue May 22, 2012 4:06 pm
by MrMiyagi
TraderGirl wrote:
Who says p-bars don't work??? P-bar to 1312, and we got to 1313 so far on spy.....hmmmmm.....
Re: 05/22/2012 Live Update
Posted: Tue May 22, 2012 4:08 pm
by CognitiveDissonance
cguirguis wrote:TraderGirl wrote:
both SPX and VIX up....
What does that usually indicate?
If both SPX and VIX are green on close then one is lying, but they can lie for more than one day.