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Re: 08/23/2012 Live Update

Posted: Thu Aug 23, 2012 11:03 am
by Mr. T
stucap wrote:
Mr. T wrote:Why can't the market A-holes just let the SPX drop 20 points each day for a week.... then it could make some sense to buy.
It goes down 2 points and people run in "buy the dip!!!!!!!"
Dude, just BTFD. Seriously, you f'cking idiot. Just BTFD. See dip, buy it. Doesn't matter what kind of dip -- ranch, honey mustard, hummus, spoos -- F'KING BUY THE F'KING DIP.

[closes eyes]

I don't see the dip!!!!! Only dip I like is French onion........ although roast beef with swiss is very tasty :lol:

Re: 08/23/2012 Live Update

Posted: Thu Aug 23, 2012 11:04 am
by Cobra
pullback as expected, now key time, if bears only make a higher low then chances are the game is over for bears today.

Re: 08/23/2012 Live Update

Posted: Thu Aug 23, 2012 11:05 am
by Al_Dente
stucap wrote:
Mr. T wrote:Why can't the market A-holes just let the SPX drop 20 points each day for a week.... then it could make some sense to buy.
It goes down 2 points and people run in "buy the dip!!!!!!!"
Dude, just BTFD. Seriously, you f'cking idiot. Just BTFD. See dip, buy it. Doesn't matter what kind of dip -- ranch, honey mustard, hummus, spoos -- F'KING BUY THE F'KING DIP.
:lol: :lol: :lol: :lol:
BREAKING NEWS: Tropical Storm Isaac attacks SPY

Re: 08/23/2012 Live Update

Posted: Thu Aug 23, 2012 11:05 am
by Out of Bounds
Mario TR wrote:Is the SPY will recover trendline?
I think no.
Capture.JPG
Capture.JPG (30.37 KiB) Viewed 3695 times

Re: 08/23/2012 Live Update

Posted: Thu Aug 23, 2012 11:06 am
by Al_Dente
joe-gamma wrote:
Al_Dente wrote:renko
823renko.png
Dr Al: minor divergence?
any uptick in your Renko yet?
not enough yet.....just a li'l flag at the mom.........

Re: 08/23/2012 Live Update

Posted: Thu Aug 23, 2012 11:06 am
by joe-gamma
NOT Intraday or swing view, L/T.......
politic aside (can we be nondenominational on this board?)
the ZH read on consumer comfort chart here http://www.zerohedge.com/news/whats-wrong-chart is interesting, but it does not point out that consumer comfort trended down for 3-4 months before major selloff in equity markets...

here is a chart for election year monthly seasonals againhttp://www.cxoadvisory.com/3724/calenda ... ion-years/
elections-and-average-return-by-calendar-month1.png


and the spike in VOL for august during election years...
elections-and-average-return-by-calendar-month1.png

Re: 08/23/2012 Live Update

Posted: Thu Aug 23, 2012 11:07 am
by Mr. T
EvilTrader wrote:
Mr. T wrote:Why can't the market A-holes just let the SPX drop 20 points each day for a week.... then it could make some sense to buy.
It goes down 2 points and people run in "buy the dip!!!!!!!"
shut up and just BTFD ! :lol:

You guys are such comedians!!! :twisted:

Re: 08/23/2012 Live Update

Posted: Thu Aug 23, 2012 11:09 am
by 1der
ES P Bar this morning at 1414.25 fwiw

Re: 08/23/2012 Live Update

Posted: Thu Aug 23, 2012 11:09 am
by OverUnder
Hey they re-released this classic:

Re: 08/23/2012 Live Update

Posted: Thu Aug 23, 2012 11:11 am
by joe-gamma
sounds like a new hiphop band? <;)

Re: 08/23/2012 Live Update

Posted: Thu Aug 23, 2012 11:14 am
by fehro
long term XLF. fwiw. Looks like the volume graph is giving us the finger. :lol:
Anyhow a move out of this region will see a big move.

Re: 08/23/2012 Live Update

Posted: Thu Aug 23, 2012 11:17 am
by OverUnder
That's hysterical.
fehro wrote:long term XLF. fwiw. Looks like the volume graph is giving us the finger. :lol:
Anyhow a move out of this region will see a big move.

Re: 08/23/2012 Live Update

Posted: Thu Aug 23, 2012 11:18 am
by joe-gamma
fehro wrote:long term XLF. fwiw. Looks like the volume graph is giving us the finger. :lol:
Anyhow a move out of this region will see a big move.
ahh! creative like BullBear and his adaptation of a classic Dr Al chart into a bird...

Re: 08/23/2012 Live Update

Posted: Thu Aug 23, 2012 11:19 am
by scout_lt
Bunds confirming short/medium term bearish outlook for global stock indices:
http://blog.wavetrack.com/bund-3/

Re: 08/23/2012 Live Update

Posted: Thu Aug 23, 2012 11:20 am
by Cobra
possible rebound target.

Re: 08/23/2012 Live Update

Posted: Thu Aug 23, 2012 11:21 am
by stucap
Please be a bear flag --- pulllllleeeeeeeez

Re: 08/23/2012 Live Update

Posted: Thu Aug 23, 2012 11:25 am
by 1der
Dip Sh*t - Definition: Me, because I say sh*t everyone time I do not BTFD. :lol:

Re: 08/23/2012 Live Update

Posted: Thu Aug 23, 2012 11:26 am
by Al_Dente
2 min
The volume scale is all screwed up due to yesterdays honey badge volume so u have to go to one day view to c vol better
Bears don’t like that higher low HL
823two.png

Re: 08/23/2012 Live Update

Posted: Thu Aug 23, 2012 11:31 am
by joe-gamma
dow10mindiverg.png
dow 10minute showing bullish divergence


seems like prime time for PPT to persuade BTFD!!]

Re: 08/23/2012 Live Update

Posted: Thu Aug 23, 2012 11:36 am
by Al_Dente
If bears want to sell the rip they may do so………aaaaaaa………..right about here......