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Re: 11/07/2012 Live Update
Posted: Wed Nov 07, 2012 11:47 am
by KENA
Hi Al_D..Checked in late.. See you are now 1 year older..Have a great Birthday..They only happen once a year.
Re: 11/07/2012 Live Update
Posted: Wed Nov 07, 2012 11:48 am
by Petsamo
There's a p-bar on USO pointing to above $32
Re: 11/07/2012 Live Update
Posted: Wed Nov 07, 2012 11:50 am
by uempel
Jack12 wrote:uempel wrote:Yeah, and I bought some new longs at 7375, because I was expecting a good-bye kiss - a few minutes later I was lucky to get out without too much downside

im expecting a bounce then down to 7200ish
Yes, I've got support at 7200 too. But the weekly indicators are turning negative and I'm not sure 7200 is going to hold

Re: 11/07/2012 Live Update
Posted: Wed Nov 07, 2012 11:53 am
by jarbo456
uempel wrote:Jarbo, you were right yesterday:
Jarbo.png
Jarbo1.png
it's a good chart. i like your fib sequence averages you use.
Re: 11/07/2012 Live Update
Posted: Wed Nov 07, 2012 11:55 am
by ClarkW
Seasonality charts for oil and gasoline
Re: 11/07/2012 Live Update
Posted: Wed Nov 07, 2012 11:55 am
by fehro
touch lower for a bounce?
Re: 11/07/2012 Live Update
Posted: Wed Nov 07, 2012 11:56 am
by 1der
puke coming
Re: 11/07/2012 Live Update
Posted: Wed Nov 07, 2012 11:57 am
by Petsamo
I don't understand why the Hang Seng & India rallied last night. Obama's re-election was a lock long before their markets closed.
Re: 11/07/2012 Live Update
Posted: Wed Nov 07, 2012 11:59 am
by BananaStand
Well, there goes AAPL.....
Re: 11/07/2012 Live Update
Posted: Wed Nov 07, 2012 12:01 pm
by pezhead9000
What's the rule on catching falling knives??

Re: 11/07/2012 Live Update
Posted: Wed Nov 07, 2012 12:01 pm
by fehro
the neckline could be subject to revisions... could be more horizontal... and located here. fwiw... but looks like a clean break, but volume is lacking..
Re: 11/07/2012 Live Update
Posted: Wed Nov 07, 2012 12:02 pm
by johnnywa
Me XMan wrote:Am I the only bear here today?
Jack12 wrote:and you thought they were all
Shorted at high yesterday,then watching futes dive last night,then woke up to green futes thinking NOT AGAIN!!!
Re: 11/07/2012 Live Update
Posted: Wed Nov 07, 2012 12:02 pm
by ClarkW
Interesting chart on China (very long-term) from elliottwave.com
I'm not an EWT, sharing simply for the valuation aspect although I recognize the argument of not trusting China's data
Re: 11/07/2012 Live Update
Posted: Wed Nov 07, 2012 12:05 pm
by Cobra
volume surge, so another rebound here which should be larger than the previous one but still this rebound most likely would fail.
Re: 11/07/2012 Live Update
Posted: Wed Nov 07, 2012 12:07 pm
by TraderGirl
We are at the levels I thought we were going to get too...some are calling for 1380...??
Took my profits for now...
Re: 11/07/2012 Live Update
Posted: Wed Nov 07, 2012 12:09 pm
by Petsamo
ClarkW wrote:Interesting chart on China (very long-term) from elliottwave.com
I'm not an EWT, sharing simply for the valuation aspect although I recognize the argument of not trusting China's data
China does not have the mess that US & Europe have
Re: 11/07/2012 Live Update
Posted: Wed Nov 07, 2012 12:10 pm
by uempel
Update of the weekly with BB13/1:
Re: 11/07/2012 Live Update
Posted: Wed Nov 07, 2012 12:11 pm
by ClarkW
Petsamo wrote:ClarkW wrote:Interesting chart on China (very long-term) from elliottwave.com
I'm not an EWT, sharing simply for the valuation aspect although I recognize the argument of not trusting China's data
China does not have the mess that US & Europe have
True Petsamo but their room is not clean...just messy for other reasons
Re: 11/07/2012 Live Update
Posted: Wed Nov 07, 2012 12:18 pm
by silversurfer
Posted: Wed Nov 07, 2012 12:18 pm
by MrMiyagi
'mornin kids.