02/10/2014 Live Update

[Al_Dente]

5 min

[BullBear52x]

UNG, buy until it fails, so it did failed. no buy until >24. sell first ask question later.

[Nrsimha]

UNG, buy until it fails, so it did failed. no buy until >24. sell first ask question later.

Buy DGAZ ??

[uempel]

The penguins never see it coming

penguins_png.png

Looks as though you are bearish, if I read you correctly. My bias is bullish, but I'm (more or less) out of the market until I see what happens tomorrow. Tomorrow might be very volatile and fun

[Xian]

The penguins never see it coming

penguins_png.png

Looks as though you are bearish, if I read you correctly. My bias is bullish, but I'm (more or less) out of the market until I see what happens tomorrow. Tomorrow might be very volatile and fun

It's very stressful for me when my parents disagree.

How you guys been? Hope all is well

[Cobra]

failed breakout but the bias still is up as long as it's a consolidation.

[BullBear52x]

I see why market is confusing. Home builder kind of bullish where IYR breaks out, so people flock out and buy new home instead of repair the old ones which tanks hardware store like HD? for all these to sustain low interest will have to be low and low dollar. I am trying to be and analyst not a trader now got to stick to what works I guess.

[Al_Dente]

The penguins never see it coming

Looks as though you are bearish, if I read you correctly. My bias is bullish, but I'm (more or less) out of the market until I see what happens tomorrow. Tomorrow might be very volatile and fun

I’m neutral, I need to see a break up or down, don’t care which way

Boss: there is a new browser plugin called Downworthy that replaces hyperbolic headlines from bombastic viral websites
with a slightly more realistic version. For example:
"Will Blow Your Mind" becomes "Might Perhaps Mildly Entertain You For a Moment"
"One Weird Trick" becomes "One Piece of Completely Anecdotal Horseshit"
"Go Viral" becomes "Be Overused So Much That You'll Silently Pray for the Sweet Release of Death to Make it Stop"
"Can't Even Handle" becomes "Can Totally Handle Without Any Significant Issue"
"Incredible" becomes "Painfully Ordinary"
"You Won't Believe" becomes "In All Likelihood, You'll Believe"
"Wow" becomes "Oh GOD This is SO Boring. Please Kill Me"
"You Didn’t Know Existed" becomes "No One Gives a Shit About"
... and so on……..

[Al_Dente]

The penguins never see it coming

Looks as though you are bearish, if I read you correctly. My bias is bullish, but I'm (more or less) out of the market until I see what happens tomorrow. Tomorrow might be very volatile and fun

It's very stressful for me when my parents disagree.
How you guys been? Hope all is well

missed u

[MrMiyagi]

TRIN bear 1.5 = volume is going into declining stocks
I don’t expect selling volume to flood in unless we breach the day’s low 179.21
It’s chop until then

Yet NYADV is creeping higher.... Confusing..

[Al_Dente]

XHB is LOADED with retail
ITB is closer to a pure “builders” view

[BullBear52x]

a break down below 5DMA will put a creaming sell on /ES or histogram turns back bullish will shut the bear up for a day or two more.

[Al_Dente]

TRIN bear 1.5 = volume is going into declining stocks
I don’t expect selling volume to flood in unless we breach the day’s low 179.21
It’s chop until then

Yet NYADV is creeping higher.... Confusing..

Thanks boss
Adv 1646 is what we call “bupkis”
When r u going to bite the bullet and get a subscription for intraday?
YOU ARE RIGHT it’s the slope that counts
Here’s 3 minute UP-TO-DOWN VOLUME ratio, neon greened just 4 u
1-to-1 is also bupkis but it’s the slope that counts
That can change in a hot minute on a chop day

[BullBear52x]

either you use $VIX or $VIX future, new selling signal to the market intraday is at hand. give it 5 min. the most.

[MrMiyagi]

Thanks boss
Adv 1646 is what we call “bupkis”
When r u going to bite the bullet and get a subscription for intraday?

Yep, NYADV over 2200 is high, we had Two days with 2300+ so today's mild SPX is not a surprise to me.

Are you going to gift me a subscription ?

[Al_Dente]

Thanks boss
Adv 1646 is what we call “bupkis”
When r u going to bite the bullet and get a subscription for intraday?

Yep, NYADV over 2200 is high, we had Two days with 2300+ so today's mild SPX is not a surprise to me.
Are you going to gift me a subscription ?

Second panel = rocketman’s tick
Bottom panels = Al Dente "where's the beef"

[Al_Dente]

The history of (inverted) TRIN in 12 days
[CAVEAT: the minute I am convinced that these various internal setups demand bear, the bulls come out of the woodwork, just to faulk with me,
like today for example]

[BullBear52x]

It's just a law of gravity, /ES intraday here, cash SPX intraday= buy the next dip.

[uempel]

The penguins never see it coming

Looks as though you are bearish, if I read you correctly. My bias is bullish, but I'm (more or less) out of the market until I see what happens tomorrow. Tomorrow might be very volatile and fun

I’m neutral, I need to see a break up or down, don’t care which way

Boss: there is a new browser plugin called Downworthy that replaces hyperbolic headlines from bombastic viral websites
with a slightly more realistic version. For example:
"Will Blow Your Mind" becomes "Might Perhaps Mildly Entertain You For a Moment"
"One Weird Trick" becomes "One Piece of Completely Anecdotal Horseshit"
"Go Viral" becomes "Be Overused So Much That You'll Silently Pray for the Sweet Release of Death to Make it Stop"
"Can't Even Handle" becomes "Can Totally Handle Without Any Significant Issue"
"Incredible" becomes "Painfully Ordinary"
"You Won't Believe" becomes "In All Likelihood, You'll Believe"
"Wow" becomes "Oh GOD This is SO Boring. Please Kill Me"
"You Didn’t Know Existed" becomes "No One Gives a Shit About"

... and so on……..

Ahh, I misread your pix of the Killer Whale picking out penguins. Photo looked bearish to me. Small investors heading downwards as the big bullish whale shoots out of the water...

Your photo of the Killer Whale reminded me: many years ago we visited a huge cave with thousands of bats hanging to the ceiling and two huge pythons living happily on the floor of the cave. This isn't my photo, but it's the same cave

http://www.flickr.com/photos/34223057@N00/271690850

[DellGriffith]

Heh everyone is speakng in code and vague pics everyone is getting confused. XD

Maybe ill post an escher drawing.