08/30/2013 Live Update

Post by **Cobra** » Fri Aug 30, 2013 2:35 pm

good bull bar, but need follow through.

TWT · Post by **TWT** » Fri Aug 30, 2013 2:39 pm

$SPX: I stll think that price has not began yet the wave 7

JFR · Post by **JFR** » Fri Aug 30, 2013 2:41 pm

MrMiyagi wrote:
Al_Dente wrote:what did he say boss?
No idea, I don't listen to politicians or priests.

LOL

Spoken like a man who was a good Catholic boy. It can be advantageous to learn cynicism at a young age.

Thanks for the chuckle.

JFR · Post by **JFR** » Fri Aug 30, 2013 2:49 pm

Out of Bounds wrote:
Al_Dente wrote:Raise your hand if u will hold longs over the weekend
No, I didn’t think so
I rest my case………..
Shorts?

| might have to move from flat to short by the end of the day. One has to follow one's signals, does one not?

xfradnex · Post by **xfradnex** » Fri Aug 30, 2013 2:51 pm

Is it Twerking time yet. Hints if you want to do it right: http://www.youtube.com/watch?v=NgoyVRO0A0E.

rhight · Post by **rhight** » Fri Aug 30, 2013 2:51 pm

Has anyone looked at HYG today?
bullishly divergent to spx

No UPV. Although NYUD has a good bullish divergence on the daily.

Al_Dente · Post by **Al_Dente** » Fri Aug 30, 2013 2:57 pm

2 min

TraderGirl · Post by **TraderGirl** » Fri Aug 30, 2013 2:57 pm

MrMiyagi wrote:
TraderGirl wrote:Thanks Mr. Miyagi...appreciate it...
No problem... You have my email info for the lifetime free membership gift ?

MrMiyagi · Post by **MrMiyagi** » Fri Aug 30, 2013 3:00 pm

!!!!! POWER HOUR !!!!!

rhight · Post by **rhight** » Fri Aug 30, 2013 3:00 pm

This could be important - TL drawn through closes.

rhight · Post by **rhight** » Fri Aug 30, 2013 3:03 pm

Price is at the launch point - going up?

Post by **Cobra** » Fri Aug 30, 2013 3:05 pm

blue line has been tested many times, so we might see breakout here. is the usual strong friday close back?

rhight · Post by **rhight** » Fri Aug 30, 2013 3:07 pm

It's either blow above 1636, dive below 1633, or call it a draw.

rhight · Post by **rhight** » Fri Aug 30, 2013 3:08 pm

tacking on 10 points to spx wouldn't take much with this low volume. And it would turn some indicators bullish.

rhight · Post by **rhight** » Fri Aug 30, 2013 3:11 pm

euro/yen and euro/usd crosses are bearish.

MrMiyagi · Post by **MrMiyagi** » Fri Aug 30, 2013 3:15 pm

Hmm... no power this hour... Feels like a bunch of scaredy-cats out there.
Hedging with a bit of IWM September 6 98 puts.

Post by **Cobra** » Fri Aug 30, 2013 3:16 pm

not a valid breakout but looks not bad.

fehro · Post by **fehro** » Fri Aug 30, 2013 3:16 pm

SPX 15m.. double bottom?.. but we are still just sitting on long term support 60m SPX... the key word is sitting.. not terribly bullish in my eyes. fwiw.

xfradnex · Post by **xfradnex** » Fri Aug 30, 2013 3:18 pm

Spy PBar Met for a second at 164.21 on the nose.

StudentBill · Post by **StudentBill** » Fri Aug 30, 2013 3:18 pm

3 day weekend decay, low realized volatility, and little more said on Syria by the Pres? I think they're gonna kill VXX here into the close.

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