03/22/2013 Live Update

[Cobra]

mini pullback target, I guess.

Hi Cobra, what do you think of DAX?
Tnx

Cannot say chart is bad yet.

[Xian]

Thanks Taggard!

[stlwater]

I'm too close to this trade. Someone take a look at FSL here / SOX and tell me if you think it'll bounce. It looks to me like a descending triangle but it also looks like bullish flag. It tried to break out and failed at 1:30pm. It's like watching paint dry. SOX is trying to close above a long term trend line (top of pennant). I'm looking at holding over the weekend IF SOX can close above the pennant and FSL breaks out of its triangle to the upside, otherwise I'm gonna have to eat it.

[TraderGirl]

LNKD...Can't tell if this is a 3 or C wave...but once (5) is finished looks like potential pullback...needs to see a negative setup on the hourly...not there yet...

[gappy]

Cypruss rag; http://famagusta-gazette.com/

[Al_Dente]

...island....

th.jpg

http://www.youtube.com/watch?v=RgcJyZA- ... re=related

[MrMiyagi]

Good enough or is there another surge coming?

[rocket]

Mr. Miyagi, they have never been short of the UP p-bars, always short of DOWN p-bars. I don't think this will be an exception. They will honor it at the close??

[Cobra]

I consider this fulfilled my rebound call. now key time, if this rebound can make a new high then my last call will be invalid.

[gappy]

...island....

th.jpg

http://www.youtube.com/watch?v=RgcJyZA- ... re=related

(as an aside: This guy drunk and cuttin up one high school dance in Littlefield, so my big brother took him outside and put a big ole can of old fashioned wupp ass on him..)

[MrMiyagi]

garbage stock

[TraderGirl]

Could someone please post chart of this "island reversal" GLD
I don't see it
thanks

Here it is....

[stlwater]

garbage stock

[Xian]

Paging EVERYBODY

This board has it together.... I'm conflicted. Very interested in thoughts.

Select one for this weekend's fun:

1. Cyprus leaves Euro.

2. EU backs down, gives 'em an extension

3. They make a deal.

Seems to me one of these three WILL happen this weekend.

Thanks!

[MrMiyagi]

Mr. Miyagi, they have never been short of the UP p-bars, always short of DOWN p-bars. I don't think this will be an exception. They will honor it at the close??

If I knew the answer to that question, i would be very rich.
There is an event that occurs in 14 minutes, stay tuned to see how it plays out..

[TumblingDice]

LNKD...Can't tell if this is a 3 or C wave...but once (5) is finished looks like potential pullback...needs to see a negative setup on the hourly...not there yet...

Yeah with the move today being so strong it makes less sense to bet on the double top.

This stock has nothing but herd crowd mentality going for it. With that kind of mentality there are very few sideways movements. If it isn't going up it is going down. That said maybe it could use a weekly RSI divergence before it runs out of steam.

[Xian]

garbage stock

+1 on that Miyagi

[stlwater]

Could someone please post chart of this "island reversal" GLD
I don't see it
thanks

Here it is....

Island reversal shouldn't have overlapping price action, no? At least not ideally.

[TraderGirl]

garbage stock

BBRY....

[gasprice]

The following effects have caused the S&P to never be down once during the period of March options expiration to April 4th every year since 2009:

1. End of quarter window dressing and lack of selling
2. Good friday holiday
3. Beginning of the month April inflows
4. Tax refunds put to work in the market

Combine all these effects and it would be unusual to see much selling until after april 4th.