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Re: 06/05/2012 Live Update

Posted: Tue Jun 05, 2012 11:38 am
by mocker
Cobra wrote:very good, let's see target. 100% MM and C&H.
Cobra,

when you draw target - is it possible to have grid extended?
It's hard to see the target number from the graph when it's getting out of grid space. :(

Re: 06/05/2012 Live Update

Posted: Tue Jun 05, 2012 11:39 am
by Cobra
goes as expected, now key time, bulls must hold here.

Re: 06/05/2012 Live Update

Posted: Tue Jun 05, 2012 11:41 am
by Cobra
mocker wrote:
Cobra wrote:very good, let's see target. 100% MM and C&H.
Cobra,

when you draw target - is it possible to have grid extended?
It's hard to see the target number from the graph when it's getting out of grid space. :(
not possible. and I don't trade on those targets, they're just for info, don't read too much, trading is not science, so rough idea is generally enough.

Re: 06/05/2012 Live Update

Posted: Tue Jun 05, 2012 11:41 am
by BullBear52x
Al_Dente wrote:PAGING BARON von BARON
Here’s unusual zh advise on how to frontrun the SEC. They speculate that the SEC is now preparing for an eventual circuit-breaker day,
and they suggest that if the SEC revises their breaker levels (7%), then we best be sure our stops are AHEAD of that, as being behind the curve on a circuit breaker day could rip-face.
http://www.zerohedge.com/news/did-sec-h ... ket-plunge
[zh = grain of salt]
:shock: What are you doing reading ZH? :lol:
yellow line in the sand. hourly still too weak also.

Re: 06/05/2012 Live Update

Posted: Tue Jun 05, 2012 11:46 am
by Al_Dente
BullBear52x wrote:
Al_Dente wrote:PAGING BARON von BARON
Here’s unusual zh advise on how to frontrun the SEC. They speculate that the SEC is now preparing for an eventual circuit-breaker day,
and they suggest that if the SEC revises their breaker levels (7%), then we best be sure our stops are AHEAD of that, as being behind the curve on a circuit breaker day could rip-face.
http://www.zerohedge.com/news/did-sec-h ... ket-plunge
[zh = grain of salt]
:shock: What are you doing reading ZH? :lol:
yellow line in the sand. hourly still too weak also.
I’m allowed to read zh in bear trends :mrgreen: :mrgreen:
Game over for bulls here?
Could u please forward that memo to the banks
thx bubba

Re: 06/05/2012 Live Update

Posted: Tue Jun 05, 2012 11:47 am
by TraderGirl
TraderJoe wrote:GM TraderGirl and everybody else,
When you get time, would you please show us a chart with your thoughts on UNG?
UNG is tough to predict, but it could be in a wave 4 which can retrace 24% or 38% of wave three, and sometimes 50%....but it looks like it could hit resistance around 17.29...IMHO.....

If it surpasses 50% and more than likely 38% then it could be an abc wave down, which completed around 16....

Re: 06/05/2012 Live Update

Posted: Tue Jun 05, 2012 11:48 am
by TraderJoe
Thank You!!!

Re: 06/05/2012 Live Update

Posted: Tue Jun 05, 2012 11:55 am
by uempel
louie wrote:Oh, and glad you are back Uempel. I watch your signals like a hawk!!!!
Tks louie, I have to get back into this before I can show anything (I guess I missed the big trade last week :D)

Re: 06/05/2012 Live Update

Posted: Tue Jun 05, 2012 11:57 am
by Cobra
1-2-3 formation target.

Re: 06/05/2012 Live Update

Posted: Tue Jun 05, 2012 11:58 am
by BullBear52x
I am eyeing XLF/FAS and SMH/TYH for the rebound play. so far daily positive D is clean, tomarooo I will be in bull camp with these guys, well,close to a buy today but still little too weak for my liking.

Re: 06/05/2012 Live Update

Posted: Tue Jun 05, 2012 11:58 am
by Al_Dente
uempel wrote:
louie wrote:Oh, and glad you are back Uempel. I watch your signals like a hawk!!!!
Tks louie, I have to get back into this before I can show anything (I guess I missed the big trade last week :D)
uemp are u doing a "drive by" or are u back 4 good?
sooooooooooo missed u
no joke

Re: 06/05/2012 Live Update

Posted: Tue Jun 05, 2012 12:07 pm
by louie
BullBear52x wrote:I am eyeing XLF/FAS and SMH/TYH for the rebound play. so far daily positive D is clean, tomarooo I will be in bull camp with these guys, well,close to a buy today but still little too weak for my liking.
XLF holding up very well today. I am soooo looking forward to taking the other side of your bet. Not today, probably not tomorrow, but it's on my radar :lol:

Re: 06/05/2012 Live Update

Posted: Tue Jun 05, 2012 12:11 pm
by Cobra
OK, I don't know 1-2-3 formation target and I don't care, the pullback we had simply proves what we have is just a rebound. the chart shows a relatively bullish route as you can see, I'd expect the rebound to fail eventually, may or may not today.

Re: 06/05/2012 Live Update

Posted: Tue Jun 05, 2012 12:14 pm
by TraderGirl
Al_Dente wrote:
uempel wrote:
louie wrote:Oh, and glad you are back Uempel. I watch your signals like a hawk!!!!
Tks louie, I have to get back into this before I can show anything (I guess I missed the big trade last week :D)
uemp are u doing a "drive by" or are u back 4 good?
sooooooooooo missed u
no joke
I miss you too!!! :D :D

Re: 06/05/2012 Live Update

Posted: Tue Jun 05, 2012 12:15 pm
by BullBear52x
louie wrote:
BullBear52x wrote:I am eyeing XLF/FAS and SMH/TYH for the rebound play. so far daily positive D is clean, tomarooo I will be in bull camp with these guys, well,close to a buy today but still little too weak for my liking.
XLF holding up very well today. I am soooo looking forward to taking the other side of your bet. Not today, probably not tomorrow, but it's on my radar :lol:
SPY intraday, last two sell signals didn't make new low, this is a sign of internal strength tomorrow will really clear up some more, close to clean out all of shorts position just to be safe.

Re: 06/05/2012 Live Update

Posted: Tue Jun 05, 2012 12:16 pm
by Al_Dente
Is that all the dollar needed? A one day pullback???
aud/jpy is up on RBA reserve bank Australia cutting rates by 25bps to 3.5% as expected
eur/usd is down…. errrrrrr….. up on ………….whatever……..
keizai are u here?
TG could u post /dx when u have a minute
thx

Re: 06/05/2012 Live Update

Posted: Tue Jun 05, 2012 12:17 pm
by MrMiyagi
There is no wind beneath SPY's wings.

Re: 06/05/2012 Live Update

Posted: Tue Jun 05, 2012 12:23 pm
by EvilTrader
BullBear52x wrote:
louie wrote:
BullBear52x wrote:I am eyeing XLF/FAS and SMH/TYH for the rebound play. so far daily positive D is clean, tomarooo I will be in bull camp with these guys, well,close to a buy today but still little too weak for my liking.
XLF holding up very well today. I am soooo looking forward to taking the other side of your bet. Not today, probably not tomorrow, but it's on my radar :lol:
SPY intraday, last two sell signals didn't make new low, this is a sign of internal strength tomorrow will really clear up some more, close to clean out all of shorts position just to be safe.
i agree.

counter-trend rallies can be violent spikes, taking away most profits from sleepy overconfident bears.

Re: 06/05/2012 Live Update

Posted: Tue Jun 05, 2012 12:24 pm
by fehro
trendlines.

Re: 06/05/2012 Live Update

Posted: Tue Jun 05, 2012 12:25 pm
by louie
BullBear52x wrote:
louie wrote:
BullBear52x wrote:I am eyeing XLF/FAS and SMH/TYH for the rebound play. so far daily positive D is clean, tomarooo I will be in bull camp with these guys, well,close to a buy today but still little too weak for my liking.
XLF holding up very well today. I am soooo looking forward to taking the other side of your bet. Not today, probably not tomorrow, but it's on my radar :lol:
SPY intraday, last two sell signals didn't make new low, this is a sign of internal strength tomorrow will really clear up some more, close to clean out all of shorts position just to be safe.
BB: I agree with you and please don't take that comment personally. I would love the see financials take off (up) so I can short them. I just don't like the current business models of the big banks and insurers. But I also really don't want our financial system to fail. Why can't they just straighten up and fly right?