01/09/2013 Live Update

[BullBear52x]

145.42 SPY

If bears mean business, anything higher will not satisfy me.

[Cobra]

now key time as it's the 2nd test of the day low, cannot decisively breakdown then bears are over.

[Unique]

145.42 SPY

If bears mean business, anything higher will not satisfy me.

Too high. 144.5

[BullBear52x]

145.42 SPY

If bears mean business, anything higher will not satisfy me.

Too high. 144.5

that will be plenty for today for me.

[Unique]

145.42 SPY

If bears mean business, anything higher will not satisfy me.

Too high. 144.5

that will be plenty for today for me.

It's a consolidation week, don't expect much. If it was a normal week, we would have been at 144.75 by Tuesday

[Cobra]

members only update at 2:04pm on aapl.
http://www.cobrasmarketview.com/2013/01 ... ay-update/

[Cobra]

again, as long as VIX close > open today, it favors bears at least in the short-term. I'll explain why to members if indeed. https://stockcharts.com/public/1684859/ ... /122111957;

[BullBear52x]

145.42 SPY

If bears mean business, anything higher will not satisfy me.

Too high. 144.5

that will be plenty for today for me.

It's a consolidation week, don't expect much. If it was a normal week, we would have been at 144.75 by Tuesday

yeap, Bears last sell the rip short term here, so it either do it now or never. lets hit the Elvis song Dr. Al.

[Bman69]

Might want to check out airlines guys. Look very overbought to me and over upper BBs. Not sure on timing but long term these are excellent prices to build shorts. I'm short UAL $25.75.

[joeynickels]

SPX: Sideways could mean a Triangle instead of a ZZ / DZZ

I like the 4th wave triangle count as well.

[Cobra]

maybe a 3 push up here.

[KeiZai]

Might want to check out airlines guys. Look very overbought to me and over upper BBs. Not sure on timing but long term these are excellent prices to build shorts. I'm short UAL $25.75.

Agree not sure about US, but I am short on Lufthansa (not in full position atm waiting for confirmation to add more ?tomorrow?) looks very extended

[flrtrader]

145.42 SPY

If bears mean business, anything higher will not satisfy me.

Too high. 144.5

that will be plenty for today for me.

Whats up with that!

I thought we were in the same boat, yesterday when I was about to abandon ship you said NAaaaa were ok.. now I noticed you slipped out of the boat when I was not looking! No wonder I was just going in circles!

FT

[joeynickels]

$SPX 30 min the 13 MA crossed the 20 and now the 50 MA. Currently acting as support above 1460.

[Unique]

UAL 25.7->24.3 is 5%, and they don't have weekly options, only monthlies.

Let's see how the UAL Jan 2013 25 Puts do @ 0.29

[Cobra]

rebound as expected. bears must act around here now otherwise the pattern would turn into favoring bulls.

[jarbo456]

missed my full 135 target exit on FAS this morning, but not going to be greedy and going to take half off the table here.

12% return for the first week of 2013 isn't terrible.

[BullBear52x]

145.42 SPY

If bears mean business, anything higher will not satisfy me.

Too high. 144.5

that will be plenty for today for me.

Whats up with that!

I thought we were in the same boat, yesterday when I was about to abandon ship you said NAaaaa were ok.. now I noticed you slipped out of the boat when I was not looking! No wonder I was just going in circles!

FT

Plenty of target meet, not total bailing, my swing position still on 100%. I will not take the 80% out until we hit 143ish. for intraday day/scalp trade any penny counts.

[Cobra]

good, but need do more. bears still in danger only not dead.

[Unique]

missed my full 135 target exit on FAS this morning, but not going to be greedy and going to take half off the table here.

12% return for the first week of 2013 isn't terrible.