12/13/2012 Live Update

[Al_Dente]

OOB:
Just bcuz I put on my squidgy goggles doesn’t mean it’s gonna sqz
it means momo is lifting slightly (so what?)
and could bounce to test/fail at MAs
plus the snakes many targets all met
next watch is for higher low (?)
this is grizzly territory, not wussies...
All imho
All intraday scalping only
C u all tomorrow

[uempel]

Update:

[uempel]

bonds.png

Don't quite understand There was a T auction a few minutes ago which went ok, not super but ok, don't know why corporates are so weak

[essessme]

cumulative tick back in waterfall mode bulls need to arrest that before looking for positive divergence in upper pane tick to work

[Harapa]

Bears are in charge,
VIXies are marching with them.

Note: Last post of the day, Bye!

[fehro]

it's Thursday... sentiment day
http://www.aaii.com/sentimentsurvey/sent_results

[uempel]

If SPX breaks 1422 and stays above that level bulls may smile Hey Harapa, you still with the shorts...

[gappy]

bonds.png

Don't quite understand There was a T auction a few minutes ago which went ok, not super but ok, don't know why corporates are so weak

Think that's a P-bar boss. Just a shadow of someone's ghost. Santelli rated the bond sale at c-, as you say, so; ?.

[TraderGirl]

Another turn day tomorrow...

[essessme]

bonds.png

wow scary GU

from zerohedge

From our friends at Nanex, in case you missed it, there were numerous algo-inspired flash-crashes this morning right before the open... HPQ (traded down to $3 from $14 in about 100ms), S (from $5.50 to $2.75 in 150ms), GS (from $117 to $94 in 45ms) and C (from $36.00 to $20.00 in 90ms) are among the NOT fat-finger moves we saw as the charts below show.
http://www.zerohedge.com/news/2012-12-1 ... lash-crash

[KeiZai]

Decline looks in mature phase huh? plus I don´t like 1h hammer in XIV and doji in TNA on support...but no worries just put ur squeeze goggles on

[gappy]

bonds.png

wow scary GU

from zerohedge

From our friends at Nanex, in case you missed it, there were numerous algo-inspired flash-crashes this morning right before the open... HPQ (traded down to $3 from $14 in about 100ms), S (from $5.50 to $2.75 in 150ms), GS (from $117 to $94 in 45ms) and C (from $36.00 to $20.00 in 90ms) are among the NOT fat-finger moves we saw as the charts below show.
http://www.zerohedge.com/news/2012-12-1 ... lash-crash

Yesterday TLAB traded down to 2.25 and stood for a few minutes. (premarket) Today others trying to copy that crap. Why I wait til opening range prints, but one of these days some outfit is gonna make a mess that can't be sorted out. Cash is good, it's value holds despite screwballs.

[Mr. BachNut]

The ARMs sale may have engaged, but so far, this has simply been a move to close the Monday/Tuesday gap.
Perhaps the bulls make a stand and end the decline around here.
However, the jackals haven't flushed a rich sell stop zone yet.
There are still weak longs out there.
It would be out of character for them to let the herd resume its upward migration without culling the weak and the straggling...

Just a guess...I don't know what will happen.

[KeiZai]

This looks to me like bear flag

Dollar

[tigerwang9999]

tradergirl,

you said tomorrow will be a turn date means tomorrow SPY up?

[Cobra]

channel.

[uempel]

Update:

[TraderJoe]

I like this chart

Update:

556.png

[TraderGirl]

Dow backtested broken trend line and upper resistance on daily...now sitting at up trending support on hourly...if support holds maybe we bounce here....

[gappy]

dolla.png

This looks to me like bear flag

Dollar

Coiling.