01/09/2013 Live Update

[KENA]

Interesting chart of the Vix and SPX..The complete article can be seen on Sssking Alpha.

saupload_0107-21_thumb1.jpg

Typo..Sssking should be Seeking..Sorry..Just my typing.

[KeiZai]

yo same to u, I think indexes can go little higher but not sure in XIV so I am rather early this time
million of people ready the fund for VXX, are you ready to be one of them? I know it's almost too easy that's the scary part.

No they are either insolvent after fiscal cliff crap or they are shorting it entry price is good in worst case I will close it flat

But maybe u are right I will close it before close (or part of it) everywhere where I look is VIX...VIX...VIX

[BullBear52x]

This is when the TA guy go hmm....really? JPM another leader per se

[BullBear52x]

yo same to u, I think indexes can go little higher but not sure in XIV so I am rather early this time
million of people ready the fund for VXX, are you ready to be one of them? I know it's almost too easy that's the scary part.

No they are either insolvent after fiscal cliff crap or they are shorting it entry price is good in worst case I will close it flat

But maybe u are right I will close it before close (or part of it) everywhere where I look is VIX...VIX...VIX

I think even you do nothing with your position, you will make money in 3 months for sure nothing is a sure thing in stock market, but this one is almost 99.9%

[TraderGirl]

My charts indicate a top of some kind here.....it should not be "THE" top, but a top of some kind...

XLF is in a place where we have seen two tops of some kind...news on financials is getting more negative...

[Darkmatter]

Here's an article on the Portugal thing.

EUR/USD holds up after comments from Portugal

The Portuguese secretary of state, reacting to a report from the IMF, says that the Portuguese state is not sustainable as it is currently. In addition:
■We need to build a state that doesn’t weigh as much
■Reform of the state is crucial for sustainability

EUR/USD has taken the comments in stride and trades a shade firmer in the mid1.3050s.

_____________________


Here's more detail on the IMF report mentioned.

http://news.ph.msn.com/business/imf-say ... h-report-2

Bit of news -- Portugeuse minister says country is not sustainable as is.

I think it means he was saying the debt is not sustainable. Not able to find exact quote yet.

[Cobra]

support. breakdown would be bad, the high might be in for today.

[KeiZai]

yo same to u, I think indexes can go little higher but not sure in XIV so I am rather early this time
million of people ready the fund for VXX, are you ready to be one of them? I know it's almost too easy that's the scary part.

No they are either insolvent after fiscal cliff crap or they are shorting it entry price is good in worst case I will close it flat

But maybe u are right I will close it before close (or part of it) everywhere where I look is VIX...VIX...VIX

I think even you do nothing with your position, you will make money in 3 months for sure nothing is a sure thing in stock market, but this one is almost 99.9%

I hope for it too but fully loaded I want to be at around 21.80

[joeynickels]

FXE, HYG, JNK are acting as if there is further upside ahead. I think we might see $SPX 1470-72 before dropping to the 1433-1444 area.

[Cobra]

consolidate above the support, not good, might not hold.

[Unique]

Since AAPL is having consolidation week.

FAZ and SPXU looks good for a swing trade very soon...

[TWT]

SPX: Key time as as one more higher high would deny a larger correction

[Cobra]

not a valid breakdown yet, but here're two possible targets. Not sure as looks like today's a range day so no pattern could last long.

[BullBear52x]

yo same to u, I think indexes can go little higher but not sure in XIV so I am rather early this time
million of people ready the fund for VXX, are you ready to be one of them? I know it's almost too easy that's the scary part.

No they are either insolvent after fiscal cliff crap or they are shorting it entry price is good in worst case I will close it flat

But maybe u are right I will close it before close (or part of it) everywhere where I look is VIX...VIX...VIX

I think even you do nothing with your position, you will make money in 3 months for sure nothing is a sure thing in stock market, but this one is almost 99.9%

I hope for it too but fully loaded I want to be at around 21.80

[Unique]

Since AAPL is having consolidation week.

FAZ and SPXU looks good for a swing trade very soon...

FAZ above to confirm when above previous close, good for intraday easy money

[Cobra]

breakdown indeed, morning low is the next support.

[Darkmatter]

What good is a bull with only one leg anyway. Nothing left but led to slaughter.

[rc1269]

Hey TraderGirl - 10yr treasury is reallying pretty strong here into today's auction. I wonder if we'll get some dip buyers in bonds at some point...?

[BullBear52x]

What good is a bull with only one leg anyway. Nothing left but led to slaughter.

I will tone down on that part because there are group of good guys with unlimitted access of cash to take out the evil genius

[Cobra]

one target met. this bear may have legs, not sure.