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Re: 06/19/2012 Live Update
Posted: Tue Jun 19, 2012 12:30 pm
by MrMiyagi
Mr. T wrote:So how much has been priced in........ 150% ?!?!?!?!?
Looks like a suckers rally today - tomorrow the bubble goes "pop" again.
Everyone just jumping on so they don't miss anything........ they won't miss the drop, that's the name of the game.
I am thinking the same. Everyone is expecting Benny and the Feds to speak and gold/silver to drop mirroring the past. What if it doesn't? No one seems to be thinking that, at least not too many.
I'll wax "
The Button".
Re: 06/19/2012 Live Update
Posted: Tue Jun 19, 2012 12:31 pm
by TraderGirl
Richarab wrote:TraderGirl wrote:ClarkW wrote:TraderGirl wrote:Does anyone else see a smack down for PM's??
Yup, find it odd GLD and SLV are down while Dollar is down and market ripping higher. Seems to be a disconnect.... Anyone have thoughts as to why?
What do your charts look like?? I guess if no QE announced then that would not be good for commodities....
No way!
Opposite !!!!!!!!!
Sounds like conflicting messages....you are saying
no money printing = GLD gets smacked down hard,
no QE, the opposite = good for GLD..???
yet you are short GLD...??? What's up RA...??
---
I am here:
http://tapatalk.com/map.php?0f2nfl
Re: 06/19/2012 Live Update
Posted: Tue Jun 19, 2012 12:34 pm
by KeiZai
Re: 06/19/2012 Live Update
Posted: Tue Jun 19, 2012 12:38 pm
by BullBear52x
KeiZai wrote:I closed my longs here and opened pilot shorts...good R/R
SP.png
DAX.png
Nice rising wedge but I don't believe it until uncle think so, see Dr. Copper.
Re: 06/19/2012 Live Update
Posted: Tue Jun 19, 2012 12:43 pm
by Al_Dente
Compression of bolingers on 5min $VIX again; usually precedes a big move
SPY and XIV have been diverging all morning; if XIV is leading today, the move would be down
Other internals (nyadv >2500) says the bull is intact
Re: 06/19/2012 Live Update
Posted: Tue Jun 19, 2012 12:44 pm
by Mr. T
BullBear52x wrote:KeiZai wrote:I closed my longs here and opened pilot shorts...good R/R
SP.png
DAX.png
Nice rising wedge but I don't believe it until uncle think so, see Dr. Copper.
Dr. Copper called in sick today........ we're stuck with Dr. Pepper
Re: 06/19/2012 Live Update
Posted: Tue Jun 19, 2012 12:45 pm
by Cobra
consolidation here is not bad for bulls.
Re: 06/19/2012 Live Update
Posted: Tue Jun 19, 2012 12:48 pm
by KeiZai
BullBear52x wrote:KeiZai wrote:I closed my longs here and opened pilot shorts...good R/R
The attachment SP.png is no longer available
The attachment DAX.png is no longer available
Nice rising wedge but I don't believe it until uncle think so, see Dr. Copper.
Yeah just pilot for small play

copper is due for pullback see AUD/USD
Re: 06/19/2012 Live Update
Posted: Tue Jun 19, 2012 12:52 pm
by uempel
I've got a signal which points to 2:00 pm - first chart is the close-up:
Re: 06/19/2012 Live Update
Posted: Tue Jun 19, 2012 12:54 pm
by BullBear52x
Here a look at Gaps, gap right above 135 previous gap. let it runs, I will not shorting this move until 135 is broken back down. I am moving swing long stop to that area, a trade back under will be a bearish reversal. other indicator like CCI still got more room to go.
Re: 06/19/2012 Live Update
Posted: Tue Jun 19, 2012 12:57 pm
by Cobra
breakout, I hope this time is real as I have some sell limit above it to lock profit. Praying...
Re: 06/19/2012 Live Update
Posted: Tue Jun 19, 2012 12:58 pm
by Al_Dente
SKEW signaled a bottom (?)
This is weekly; anyone else have a better read on the cboe SKEW?
http://screencast.com/t/45qWWUkAq
Re: 06/19/2012 Live Update
Posted: Tue Jun 19, 2012 1:05 pm
by Cobra
clear 3 push up on 1 min chart. I just wish this last push up could overshot the trend line.

Re: 06/19/2012 Live Update
Posted: Tue Jun 19, 2012 1:06 pm
by TraderGirl
Look back at Aug/Oct 2011, bottom in Aug, then another in Oct...lower low....
Re: 06/19/2012 Live Update
Posted: Tue Jun 19, 2012 1:09 pm
by MrMiyagi
Cobra wrote:clear 3 push up on 1 min chart. I just wish this last push up could overshot the trend line.

It would be nice, I have some trash to unload.
Re: 06/19/2012 Live Update
Posted: Tue Jun 19, 2012 1:09 pm
by BullBear52x
For educational purpose, see MACD who said TA doesn't work? she is still going strong

elder system turn blue will indicate weakness, not now, CCI is due for pull back, so's RSI, wait a day or two more at most for a good turn.

Zoom up
Re: 06/19/2012 Live Update
Posted: Tue Jun 19, 2012 1:10 pm
by TraderGirl
Price objective could be 1360-61...??
Re: 06/19/2012 Live Update
Posted: Tue Jun 19, 2012 1:10 pm
by CognitiveDissonance
MrMiyagi wrote:Cobra wrote:clear 3 push up on 1 min chart. I just wish this last push up could overshot the trend line.

It would be nice, I have some trash to unload.

Re: 06/19/2012 Live Update
Posted: Tue Jun 19, 2012 1:12 pm
by OverUnder
Guardian article: "Angela Merkel is poised to allow the Eurozone $750B bailout fund to buy troubled countries debt".
Re: 06/19/2012 Live Update
Posted: Tue Jun 19, 2012 1:18 pm
by MrMiyagi
Tapping into a 1/4 position TZA here, probably early.