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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...??


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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
I closed my longs here and opened pilot shorts...good R/R :D
SP
SP
DAX
DAX

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 :D
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 :D
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 :D
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 :D copper is due for pullback see AUD/USD
AUD19.png

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:
SPX-close-up.png
44.png

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.
1.JPG
2.JPG

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. :shock:

Re: 06/19/2012 Live Update

Posted: Tue Jun 19, 2012 1:06 pm
by TraderGirl
Al_Dente wrote:SKEW signaled a bottom (?)
This is weekly; anyone else have a better read on the cboe SKEW?
http://screencast.com/t/45qWWUkAq
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. :shock:
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 :lol: 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. :D
1.JPG
Zoom up
2.JPG

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

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.