02/09/2015 Live Update

[Xian]

yep, turned back. Whelp, maybe homies can get a W going in a few bars here. Hope that wasnt it for the day. Likewise hope none of the Europeans call anyone's mother a whore before EOD.

A little further out in the orchard would like to see a decisive move above $120 this week so a lot of that OI at the 120 strike can get closed out/rolled up/whatever before opex next week; otherwise we'll probably be sitting here for the couple weeks.

[fehro]

still mixed SPX

[Xian]

http://blogs.barrons.com/techtraderdail ... s&ru=yahoo

I like the last line here: "Will the speculated 13″ iPad Pro play into the enterprise push?"

Think I'll go for a run. As one of my favorite dudes on twitter likes to say: stops in, emotions out.

See you guys at the close

[fehro]

SPX 15m.. possible sloppy H&S should we chop around until late tomorrow.. neckline still could move...

[Cobra]

100% mm or double bottom.

[fehro]

SPX.. still mixed.. looking a tad weak tho.. may dabble short here soon

[soku]

Citi: Oil Could Plunge to $20, and This Might Be 'the End of OPEC'

[MrMiyagi]

Citi: Oil Could Plunge to $20, and This Might Be 'the End of OPEC'

OPEC MAKES the price of oil, is Citi dumber than I?

[fehro]

slipping.. lunch hour almost over..

[fehro]

INDEX days.. NDX battle @ 50d

[Trades with cats]

Using Bulkowski's math I calculate a 6 ES point rise on a breakout of the triangle pattern on the 5 minute chart, if it happens.

[fehro]

mid day gap on VIX 1m..

[Trades with cats]

If I drew my trendline correctly on the triangle (a big if for me, I am just the humble student) it looks like it is trying to break down, which would be about 5 ES points which would be back to the 11 AM low.

[uempel]

Citi: Oil Could Plunge to $20, and This Might Be 'the End of OPEC'

OPEC MAKES the price of oil, is Citi dumber than I?

Miyagi, you saw that long term CS chart showing extremely good support at 40/45 ...

[fehro]

SPX.. another gap.. VIX

[soku]

Citi: Oil Could Plunge to $20, and This Might Be 'the End of OPEC'

OPEC MAKES the price of oil, is Citi dumber than I?

if i remember correctly, from my old days as crude trader, OPEC has less than 50% market share. and OPEC is dumb @$$. if they let me manage their book, .... i will be rich

[cletus]

crude continues its coil...i think it will head down one more time in february...i hope, then I will buy more

[MrMiyagi]

spy

[uempel]

Bullish Percentages lost the bullish bias they had in early trading, now they are flat.

http://stockcharts.com/freecharts/candl ... BPENER|B|0

[BullBear52x]

Market up, page visit = 11
Market down page visit = 3

Now I understand, national debt is a nation blessing.

next sell wave bears want to see new LOD.