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10/02/2012 Live Update

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spo
Posts: 2
Joined: Fri Dec 02, 2011 10:59 pm

Re:

Post by spo »

MrMiyagi wrote:Nothing new to report.
Very cool, MrMiyagi.
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fehro
Posts: 22880
Joined: Fri Sep 02, 2011 2:06 pm

Re: 10/02/2012 Live Update

Post by fehro »

Me XMan wrote:Watch the bounce back up into the channel.
fehro wrote:longer term trends.. a tad messy. a little bullish descending wedge within possible descending triangle. fwiw.
true.. but here's a even longer look back at a wider channel. fwiw.
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Screen shot 2012-10-02 at 10.00.32 AM.png
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Al_Dente
Posts: 28535
Joined: Thu Jul 21, 2011 2:29 pm

Re: 10/02/2012 Live Update

Post by Al_Dente »

BullBear52x wrote:
Mr. BachNut wrote:I put some short on yesterday.
My summation index signal and my composite indicator signals went sell at the Friday close.
Yesterday's action started to whipsaw them in the morning but stayed in line.
While price was dramatic yesterday, the internals seemed comparatively quiet.
So, while I have a position, the technicals are more ambiguous than I would like.
I am anticipating there should be some rally in the days ahead.
Across markets a lot of stuff seems to be at support/resistance areas.
So, counter moves or consolidation would be natural.
I plan to work this position a bit rather than let it sit. Try and lift the basis.
I'll have a short bias though as long as my signals say so (with stops).
There is mounting evidence that we are in the neighborhood of a high of some kind.
I looked at SI also, using Elder impulse, it suggests a weakness ahead. so now we get weakening trend and price on both SPX and NDX per Elder impulse system.
Honey Boo Boo:
Could u post yr chart of nysi elder?
pls, thx
http://www.youtube.com/watch?v=0IA3ZvCkRkQ
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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Al_Dente
Posts: 28535
Joined: Thu Jul 21, 2011 2:29 pm

Re: Re:

Post by Al_Dente »

spo wrote:
MrMiyagi wrote:Nothing new to report.
Very cool, MrMiyagi.
new guy
hello
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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MrMiyagi
Posts: 10343
Joined: Sun Oct 16, 2011 12:48 pm

Post by MrMiyagi »

daytradingES wrote:
MrMiyagi wrote:Nothing new to report.
MrMiyagi,
From watching the p-bars do they always fill in order?
No they don't follow any order, they just get tagged as the market moves.
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spo
Posts: 2
Joined: Fri Dec 02, 2011 10:59 pm

Re: Re:

Post by spo »

Al_Dente wrote:
spo wrote:
MrMiyagi wrote:Nothing new to report.
Very cool, MrMiyagi.
new guy
hello
Yes and no. I have been a regular visitor for a while and just decide to login and say hello to this board.
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TraderJoe
Posts: 881
Joined: Mon Apr 02, 2012 7:08 am
Location: USA

Re: 10/02/2012 Live Update

Post by TraderJoe »

Mr. BachNut wrote:Paging uempel.

I am wondering how your BPSPX Renko is looking.
Anything noteworthy on that front?
Thanks!
Mr. BachNut. he gave me a copy of the above chart, I want to hear his opinion, I see it as long a tad bit or still down???
Last edited by TraderJoe on Tue Oct 02, 2012 1:13 pm, edited 1 time in total.
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Cobra
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Re: 10/02/2012 Live Update

Post by Cobra »

lunch time, will be back. the bias is still on the downside.
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TraderGirl
Posts: 5031
Joined: Thu Dec 22, 2011 2:47 pm

Re: 10/02/2012 Live Update

Post by TraderGirl »

The turns this week were Monday and Thur/Friday...They line up with my charts that are going as plan...turn down on Monday...bounce on thurs, then down again on Friday...

On my charts, tomorrow is down...
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BullBear52x
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Joined: Tue Feb 22, 2011 3:47 pm

Re: 10/02/2012 Live Update

Post by BullBear52x »

ClarkW wrote:Anyone playing NATURAL GAS? Looking for signs of going to the dark side and buy a little GASX but not frontrunning...
my update on UNG.
Attachments
1.JPG
My comments are for entertainment/educational purpose only. NOT a trade advice.
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uempel
Posts: 8685
Joined: Tue Feb 15, 2011 6:38 am

Re: 10/02/2012 Live Update

Post by uempel »

Mr. BachNut wrote:Paging uempel.

I am wondering how your BPSPX Renko is looking.
Anything noteworthy on that front?
Thanks!
Mr. BachNut, not sure if this chart is much help. There are too many shorts out there and I guess that's why the market won't correct...
162.png
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uempel
Posts: 8685
Joined: Tue Feb 15, 2011 6:38 am

Re: 10/02/2012 Live Update

Post by uempel »

TraderGirl wrote:The turns this week were Monday and Thur/Friday...They line up with my charts that are going as plan...turn down on Monday...bounce on thurs, then down again on Friday...

On my charts, tomorrow is down...
You sure about tomorrow down? I've got a signal for the opening, but my inkling is that the market will rise :roll:
Last edited by uempel on Tue Oct 02, 2012 1:22 pm, edited 1 time in total.
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BullBear52x
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Joined: Tue Feb 22, 2011 3:47 pm

Re: 10/02/2012 Live Update

Post by BullBear52x »

Al_Dente wrote:
BullBear52x wrote:
Mr. BachNut wrote:
Honey Boo Boo:
Could u post yr chart of nysi elder?
pls, thx
http://www.youtube.com/watch?v=0IA3ZvCkRkQ
For that song you can ask for more charts :lol:
Attachments
1.JPG
My comments are for entertainment/educational purpose only. NOT a trade advice.
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joe-gamma
Posts: 444
Joined: Fri Jul 13, 2012 9:04 am

Re: 10/02/2012 Live Update

Post by joe-gamma »

uempel wrote:
Mr. BachNut wrote:Paging uempel.

I am wondering how your BPSPX Renko is looking.
Anything noteworthy on that front?
Thanks!
Mr. BachNut, not sure if this chart is much help. There are too many shorts out there and I guess that's why the market won't correct...
The attachment 162.png is no longer available
Thanks Uempel....here are a few more to ponder and scare some nervous longs? (these from (freeloaders') stckcharts)
bpspxrenko1002.png
financls a BIG portion of IWM...
bpfin1002.png
and a slightly more reactive QQ...
bpqqq1002.png
good luck to us humans

ANY THOUGHTS on when markets start "predicting" friday's NFP data?
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TraderGirl
Posts: 5031
Joined: Thu Dec 22, 2011 2:47 pm

Re: 10/02/2012 Live Update

Post by TraderGirl »

uempel wrote:
TraderGirl wrote:The turns this week were Monday and Thur/Friday...They line up with my charts that are going as plan...turn down on Monday...bounce on thurs, then down again on Friday...

On my charts, tomorrow is down...
You sure about tomorrow up? I've got a signal for the opening, but my inkling is that the market will rise :roll:
Well, so far it has followed my chart tick by tick....

The chart shows a bounce up in the premarket on Sunday, and abc down on Monday....bounce up early this morning, a move down mid-day, then a slight bounce at eod today, then at the open tomorrow it has a biggish move down....
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ClarkW
Posts: 1325
Joined: Wed Aug 10, 2011 11:28 am

Re: 10/02/2012 Live Update

Post by ClarkW »

BullBear52x wrote:
ClarkW wrote:Anyone playing NATURAL GAS? Looking for signs of going to the dark side and buy a little GASX but not frontrunning...
my update on UNG.
As always great stuff BullBear! Thanks for sharing!
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MrMiyagi
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Post by MrMiyagi »

918.png
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BullBear52x
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Joined: Tue Feb 22, 2011 3:47 pm

Re: 10/02/2012 Live Update

Post by BullBear52x »

ClarkW wrote:
BullBear52x wrote:
ClarkW wrote:Anyone playing NATURAL GAS? Looking for signs of going to the dark side and buy a little GASX but not frontrunning...
my update on UNG.
As always great stuff BullBear! Thanks for sharing!
:D
My comments are for entertainment/educational purpose only. NOT a trade advice.
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Petsamo
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Joined: Thu Jun 30, 2011 2:22 pm

Re: 10/02/2012 Live Update

Post by Petsamo »

The lawsuit on JPM is being ignored
Twitter @jackwag0n
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TraderGirl
Posts: 5031
Joined: Thu Dec 22, 2011 2:47 pm

Re:

Post by TraderGirl »

MrMiyagi wrote:
918.png
Any new SPY p-bars?
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