02/11/2013 Live Update

[Harapa]

“The British Observer announced a few weeks ago that a cat named Orlando beat out three investment professionals, and one group of students, in a
year-long, feline vs. human stock picking contest. Orlando won simply by nudging his cat toy at a grid to make his random picks.”

[I’m withhold the link, as the rest of the article is quite boring, it just talks about how you DON’T need a money manager].

I thought I was the only one making such claims using VIXies, now I have the company

You don't talk TRIN any more, you were very strict on TRIN two years ago.

Because I only do EOD TA for TRIN;application of which is more suited to long term investments. Here on this forum/board most people are very short term focused. Nevertheless, here is my take. Bull SPY.

Thanks, so looks like it close to sell any time soon, I still use Trin on extreme intraday.

Yes, but beware it has a tendency to issue a sell much much earlier than the actual top especially after a long bulls run. So I treat this as a "cautionary indicator".

[Vaamsy]

UUP hits the upper BB/upper trendline and has a black toppy candle, if its ends this way S&P could get to 1552 easily in the next few days?

[Xian]

Was just about to post something on AAPL, but this seems far, FAR more important: From bespoke.....

http://www.bespokeinvest.com/thinkbig/2 ... bulls.html

[BullBear52x]

You don't talk TRIN any more, you were very strict on TRIN two years ago.

Because I only do EOD TA for TRIN;application of which is more suited to long term investments. Here on this forum/board most people are very short term focused. Nevertheless, here is my take. Bull SPY.

Thanks, so looks like it close to sell any time soon, I still use Trin on extreme intraday.

Yes, but beware it has a tendency to issue a sell much much earlier than the actual top especially after a long bulls run. So I treat this as a "cautionary indicator".

for long term bullish percent index (BP) do a really good job, it covers all the arm index and adv/dec issue that's why I don't use TRIN any more for long term chart.

[kenttown]

Was just about to post something on AAPL, but this seems far, FAR more important: From bespoke.....

http://www.bespokeinvest.com/thinkbig/2 ... bulls.html

Last week it was Ravens win is bad for the market. They'll get one of their guesses right eventually.

[Harapa]

for long term bullish percent index (BP) do a really good job, it covers all the arm index and adv/dec issue that's why I don't use TRIN any more for long term chart.

I started to study BP recently. Results are actually quite interesting. May be I will talk about this work (not here but in weekend forum) in the future. I am also watching your chart for BP.

[Harapa]

for long term bullish percent index (BP) do a really good job, it covers all the arm index and adv/dec issue that's why I don't use TRIN any more for long term chart.

OT, what is your take on TNA/IWM?

[Cobra]

A little overshot, so might see a rebound here first, then we'll see.

[BullBear52x]

for long term bullish percent index (BP) do a really good job, it covers all the arm index and adv/dec issue that's why I don't use TRIN any more for long term chart.

OT, what is your take on TNA/IWM?

Negative D on hourly is looking better for bears, now macd on 5 min. is in the red. good selling at the moment, this tells the consolidation buy low sell hi in the channel will continue.

[TraderGirl]

UUP hits the upper BB/upper trendline and has a black toppy candle, if its ends this way S&P could get to 1552 easily in the next few days?

UUP is actually holding above a breakout of resistance so far...

[uempel]

“The British Observer announced a few weeks ago that a cat named Orlando beat out three investment professionals, and one group of students, in a
year-long, feline vs. human stock picking contest. Orlando won simply by nudging his cat toy at a grid to make his random picks.”

[I’m withhold the link, as the rest of the article is quite boring, it just talks about how you DON’T need a money manager].

I thought I was the only one making such claims using VIXies, now I have the company

Instead of talking about cats - how about checking the move which should occur in 5 minutes

[Harapa]

for long term bullish percent index (BP) do a really good job, it covers all the arm index and adv/dec issue that's why I don't use TRIN any more for long term chart.

OT, what is your take on TNA/IWM?

Negative D on hourly is looking better for bears, now macd on 5 min. is in the red. good selling at the moment, this tells the consolidation buy low sell hi in the channel will continue.

Thanks.

[Cobra]

rebound indeed. now the next pullback is key to watch, if it can only make a small lower low or better even higher low, then the low was in for today.

[Harapa]

Instead of talking about cats - how about checking the move which should occur in 5 minutes

16.png

VIXies are taking afternoon nape at the moment.

[TWT]

$SPX: The Ending Diagonal option is still possible

[Cobra]

so far so good. now a higher low on the next pullback is more likely. lunch time, will be back.

[Al_Dente]

Instead of talking about cats - how about checking the move which should occur in 5 minutes

U 'DA MAN boss

[uempel]

Update:
(The reversal signal at 2:00 p.m. is the light blue vertical.)

[Vaamsy]

UUP hits the upper BB/upper trendline and has a black toppy candle, if its ends this way S&P could get to 1552 easily in the next few days?

UUP is actually holding above a breakout of resistance so far...

Thanks TraderGirl, I missed that perspective totally.

[TWT]

$KBE: It looks like a Rising Wedge