01/28/2013 Live Update

[BullBear52x]

C nice double top
BAC nice roll down

BKX consolidates

[TraderGirl]

Turns this week are Monday and Weds...this week there is the possibility we see some action..

Merriman: "The Jan 28 period usually contains at least one trading day of triple digits losses in the DJIA +/- 3 trading days."

That window is open until Thurs, Jan 31st...there are negative aspects at the end of this week that would support a move down...

So I am inclined to think we see a topping pattern the next couple days, then a move down Weds or after...

does that coincide with FOMC
cobra's been reminding us about FOMC
what was that date? [edit: wednesday 30 jan = fomc]

Meeting is 29/30th..

[Xian]

TG,

wherever you are, you nailed DDD. Thanks for that one

Your welcome! What goes up must come down This kind of move up is a bubble waiting to be bursted....

Off another 4% since I posted that.

You Da Girl

[Al_Dente]

C nice double top
BAC nice roll down
BKX consolidates

Off topic OT:
bb I liked your XIV ratios/21 that u posted last week, thanks
I “borrowstole” them

[BullBear52x]

C nice double top
BAC nice roll down
BKX consolidates

Off topic OT:
bb I liked your XIV ratios/21 that u posted last week, thanks
I “borrowstole” them

[Cobra]

mini target reached, I'm still neutral as I cannot believe we simply have a sharp reversal up every day.

[SigmaEcho]

mini target reached, I'm still neutral as I cannot believe we simply have a sharp reversal up every day.

Dax near Fri morning (NY) low. prob. spx reverse back down ?

[Cobra]

members only update at 11:51 am
http://www.cobrasmarketview.com/2013/01 ... ay-update/

[BullBear52x]

wait for the turn here, the day is still young, I think we might see the turn today.

[Al_Dente]

AAPL is testing stuff here (like my patience)
Did anyone try to short the fruit today? Please report if brokers are/are not allowing shorts (rhetorical question??)

[ClarkW]

BB52, you see /NG or UNG this morning???

Ouch!

No ouch, I'm long KOLD. I thought you were on the evil side as well

[BullBear52x]

BB52, you see /NG or UNG this morning???

Ouch!

No ouch, I'm long KOLD. I thought you were on the evil side as well

nice....

[BullBear52x]

AAPL is testing stuff here (like my patience)
Did anyone try to short the fruit today? Please report if brokers are/are not allowing shorts (rhetorical question??)

The attachment 128fruit.png is no longer available

next dip with HL will get some scalper bites on AAPL

[MrMiyagi]

Mornin' everyone..

[Al_Dente]

AAPL is testing stuff here (like my patience)
Did anyone try to short the fruit today? Please report if brokers are/are not allowing shorts (rhetorical question??)

128fruit.png

next dip with HL will get some scalper bites on AAPL

Sure because that’s how folks in the fruit meet their margin calls
They buy WTF

[cue the song: who you gonna call: “Ghostbusters”]

[TraderGirl]

For upcoming turns...my ideal scenario would be to be down into the 1st, up into around the 4th, then back down into the 8/9th of Feb...

Then we may get a rally into the 14th...

[TWT]

$SPX: It looks like it has been a bear´s trap

[TraderJoe]

I forgot, who reads the rounded bottoms???

[kenttown]

Lots of chatter on the news feeds on Spanish economy.

[fehro]

moon phases. fwiw.