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Re: 08/21/2012 Live Update
Posted: Tue Aug 21, 2012 3:14 pm
by heavenskrow
Cobra wrote:support. I think it might hold the bears first attack here.
first attack in quite a while.
Re: 08/21/2012 Live Update
Posted: Tue Aug 21, 2012 3:15 pm
by toglesby27
QQQs and IWM blew right through that support line... would assume that SPYs will follow.
Re: 08/21/2012 Live Update
Posted: Tue Aug 21, 2012 3:16 pm
by fehro
bounce here? or break down further?
Re: 08/21/2012 Live Update
Posted: Tue Aug 21, 2012 3:17 pm
by heavenskrow
vxx
Re: 08/21/2012 Live Update
Posted: Tue Aug 21, 2012 3:18 pm
by MrMiyagi
GO DOWN YOU BASTARD!!!

Re: 08/21/2012 Live Update
Posted: Tue Aug 21, 2012 3:19 pm
by Cobra
break through the support but I still don't believe it's a valid break. usually the 1st break is not real because bears traveled to long to hit the support.
Re: 08/21/2012 Live Update
Posted: Tue Aug 21, 2012 3:22 pm
by Harapa
Note movement of sell into longer time frames. Not good for the BULLS
Re: 08/21/2012 Live Update
Posted: Tue Aug 21, 2012 3:23 pm
by MrMiyagi
I think the bottom is in for today.
Re: 08/21/2012 Live Update
Posted: Tue Aug 21, 2012 3:24 pm
by heavenskrow
tvix hourly FROM the JUNE 4th low in equities.....only if this resistance breaks, will the bears be able to really attack.
Re: 08/21/2012 Live Update
Posted: Tue Aug 21, 2012 3:24 pm
by Al_Dente
Brutal……..
Note red circle is down volume ratio DNV…
I was expecting to see more color here…….
Re: 08/21/2012 Live Update
Posted: Tue Aug 21, 2012 3:25 pm
by Harapa
IWM at support line that has the origin at the beginning of this rally. RED and green vertical bars are my VIXIES M05 signals.
Re: 08/21/2012 Live Update
Posted: Tue Aug 21, 2012 3:26 pm
by SigmaEcho
Cobra wrote:break through the support but I still don't believe it's a valid break. usually the 1st break is not real because bears traveled to long to hit the support.
hi Cobra,
today MDD? > up tomorrow?
Re: 08/21/2012 Live Update
Posted: Tue Aug 21, 2012 3:30 pm
by BlackThought
heavenskrow wrote:tvix hourly FROM the JUNE 4th low in equities.....only if this resistance breaks, will the bears be able to really attack.
i think it will as today's sell off will effect the european markets which will probably cause the SPY to gap down in the morning
Re: 08/21/2012 Live Update
Posted: Tue Aug 21, 2012 3:31 pm
by Mr. T
We're never going up again!!!!!

Re: 08/21/2012 Live Update
Posted: Tue Aug 21, 2012 3:33 pm
by TraderGirl
Gap down for EWG?
Re: 08/21/2012 Live Update
Posted: Tue Aug 21, 2012 3:35 pm
by Cobra
SigmaEcho wrote:Cobra wrote:break through the support but I still don't believe it's a valid break. usually the 1st break is not real because bears traveled to long to hit the support.
hi Cobra,
today MDD? > up tomorrow?
MDD? No way, we're just down 6 points, come on.

Re: 08/21/2012 Live Update
Posted: Tue Aug 21, 2012 3:36 pm
by MrMiyagi
Mr. T wrote:We're never going up again!!!!!

That made me laugh like a hobo!
Bought back a bunch of puts and calls I had written, change of guard may be near.
If not, I'll write some more, they were all good paychecks.
Re: 08/21/2012 Live Update
Posted: Tue Aug 21, 2012 3:36 pm
by Daniel-David
QQQ intraday double bottom 67.90
Re: 08/21/2012 Live Update
Posted: Tue Aug 21, 2012 3:39 pm
by Petsamo
TraderGirl wrote:Gap down for EWG?
That'll depend on whether they'll take US seriously. EWG was at 21.51 when Europe closed.
Re: 08/21/2012 Live Update
Posted: Tue Aug 21, 2012 3:40 pm
by fehro
purple channel?.. or another breakdown?