10/16/2013 Live Update

[wayne0708]

short 172.11

Cover shorts now you be on the plus side j/k

[KENA]

posted this chart on my blog last night, well, I've seen this movie before, bears are death if 171 holds.

Yes..But after this Gov.hype is over maybe even today the mkt may reverse and may see a drop to maybe under 170.

[BullBear52x]

short 172.11

wish you make a dollar at least I see not much hope for bears right now.

[uempel]

Update:

[uempel]

OoB, can you pls show your rationale?

short 172.11

Cover shorts now you be on the plus side j/k

[BullBear52x]

posted this chart on my blog last night, well, I've seen this movie before, bears are death if 171 holds.

Yes..But after this Gov.hype is over maybe even today the mkt may reverse and may see a drop to maybe under 170.

crazy market, I am in the buy BTFD camp now.

[wayne0708]

VIX is free falling

[fehro]

SPX 15m closer

[BullBear52x]

most big cap are behave like this, sell the rip fails and in process of breaking out, how far up? I got no clue but this tells me to chase it up or wait for a new set up.

[fehro]

VIX daily..almost bounced off of the 50d SMA

[Cobra]

trend line, this pullback might have small legs.

[wayne0708]

Weekly SPX

[Denali92]

I have run out of analogs for this particularly opex week, as it is not like any opex weeks that we have seen during this bull market or that I have researched or read about....

Anyway, here is the latest study on opex Wednesday gap ups!

http://www.cobrasmarketview.com/2013/10 ... qus_thread


-D

[fehro]

VIX a lower low.. as indices make higher highs. INDEX 5m

[Out of Bounds]

OoB, can you pls show your rationale?

short 172.11

Cover shorts now you be on the plus side j/k

Looking at the market that was at east a bit extended - we opened up high and then extended so I'm looking for a pullback. At about 11:10 the adv line and declines both paused after huge moves, then Vix paused and $trin reversed. I figured this would be the retracement I was waiting for.

[BullBear52x]

OoB, can you pls show your rationale?

short 172.11

Cover shorts now you be on the plus side j/k

Looking at the market that was at east a bit extended - we opened up high and then extended so I'm looking for a pullback. At about 11:10 the adv line and declines both paused after huge moves, then Vix paused and $trin reversed. I figured this would be the retracement I was waiting for.

when you gone shorts I was still hoping you got the neg D. but the RSI went higher that's when I know it's not a bear day. well, I am out for a walk hope the dip will be good buy later in the day.

[Al_Dente]

They reached a deal
http://www.cnn.com/2013/10/16/politics/ ... -showdown/

[uempel]

Thanks Out of Bounds!

OoB, can you pls show your rationale?

short 172.11

Cover shorts now you be on the plus side j/k

Looking at the market that was at east a bit extended - we opened up high and then extended so I'm looking for a pullback. At about 11:10 the adv line and declines both paused after huge moves, then Vix paused and $trin reversed. I figured this would be the retracement I was waiting for.

[Al_Dente]

5 min internals

[MrMiyagi]

Senate deal to be done in minutes says CNN, I'm wondering though, is it all priced in so much that any tiny negative point may sell off the market?

Just a thought... no pBars today.