01/28/2013 Live Update

[Xian]

TG,

wherever you are, you nailed DDD. Thanks for that one

[kenttown]

BTU short idea, Australian operations hit by floods yesterday.

[TraderJoe]

BTU short idea, Australian operations hit by floods yesterday.

btu.png

I sure wish it woult drop, I have been short this stock for over 2 weeks..

[Omnilayer]

Good short opportunity if hourly close below 149.26

[/url]

[Al_Dente]

% performance of some favorite juiced shorts, 10 days

[Cobra]

mini rebound target? I'm neutral.

[Harapa]

VIXies Equity Bearish

[L_T]

BTU short idea, Australian operations hit by floods yesterday.

The attachment btu.png is no longer available

Just based on technicals BTU to keep grinding lower IMHO.

[TraderGirl]

TG,

wherever you are, you nailed DDD. Thanks for that one

Your welcome! What goes up must come down This kind of move up is a bubble waiting to be bursted....

[KENA]

Liquidity is still very high..As long as the monery flows into the mkt any pull back will be minor and may be bought.Mkt closed above 1500 so this sets up the ralley to 1545 +/-..The charts for the 3 peaks and Domed House for Dec and Jan were blown out. But now we have to see if the 9500 on the Dow for June will hold or not.The point 27 on the chart has been pushed very high.So we follow the trend and be nimble.

chart by stocktiming

[KENA]

Market strength is still tending up and has not shown that it is turning as yet.

Chart by stocktiming

[BullBear52x]

BB52, you see /NG or UNG this morning???

Ouch!

[BullBear52x]

$VIX: Gap + MACD signal cross = Oversold bounce in progress

Nice TWT, MACD can tell a a lot even with $VIX.

[Al_Dente]

Finally the other measures have caught up with aapl, I mean caught down with aapl

But QQQ has been inching up since 24 jan
I wonder why…hmmm

[KENA]

The strong stocks are tending high and the weaker stocks are tending low..Maybe soon we will not have any weak stocks left..Everything will be high,strong and going higher.

Chart by stocktiming

[TraderGirl]

Turns this week are Monday and Weds...this week there is the possibility we see some action..

Merriman: "The Jan 28 period usually contains at least one trading day of triple digits losses in the DJIA +/- 3 trading days."

That window is open until Thurs, Jan 31st...there are negative aspects at the end of this week that would support a move down...

So I am inclined to think we see a topping pattern the next couple days, then a move down Weds or after...

[TraderGirl]

ZQK..Here is another potential short I am watching...don't see a topping pattern yet..

But a lot of retail has been getting beaten down...and yet the market is ignoring it...retail is 70% of the economy and they ignore it?

[Al_Dente]

Turns this week are Monday and Weds...this week there is the possibility we see some action..

Merriman: "The Jan 28 period usually contains at least one trading day of triple digits losses in the DJIA +/- 3 trading days."

That window is open until Thurs, Jan 31st...there are negative aspects at the end of this week that would support a move down...

So I am inclined to think we see a topping pattern the next couple days, then a move down Weds or after...

does that coincide with FOMC
cobra's been reminding us about FOMC
what was that date? [edit: wednesday 30 jan = fomc]

[bushwaffle]

announcement Wed. 2:15

[Al_Dente]

I think that has to count as a higher low
And two little green squeeze bars
Spy 5min intraday ONLY