04/02/2012 Live Update

[noob]

ES goes as planed, could be just to test the overnight high before rollover.

Thanks, let me guess, if goes above overnight high decisively, then bears over. :D

[Buckethead]

RBC Chief Economist says QE3 in June. Op Twist concludes in June.

[Richarab]

ok. Natural Gas NOW! the low MUST be in FINALLY!

May I ask which stocks you are looking at or considering?

-Valance

BOIL, UNG, and NG_f <-- natural gas futures --- and i aint just looking.... I am losing!

[SWalsh]

This rally is being brought to you by, "QuoteStuffings-R-Us!"

Here's an article from Nanex on manipulation and orders avoiding the best market will letting trades at prices outside the bid/ask stand.

http://www.nanex.net/aqck/2970.html

I think we've seen corruption at all levels of government long enough that we must accept that laws apply only to the little guy.

My guess is that they will do everything possible to get this market much higher by election time. Yeah, I know how that tends to happen. But when you see steady HFT action like this morning to turn the mkt you just know how corrupt the mkt really is. Anyone remember the PPT? It seems they are the RET..."Rally Enforcement Team" now.

[Richarab]

RBC Chief Economist says QE3 in June. Op Twist concludes in June.

can we just get these energy idiots to say, "all buses now to use natural gas..."
wait.. sorry forgot.. America doesnt use buses... everyone issued one of these right?

[noob]

ES goes as planed, could be just to test the overnight high before rollover.

rebound is strong though, won't be two legged this time?

[Kos]

Cobra, do you have any analysis on market cycle short cycle and longer term cycle forecast?

[Cobra]

Cobra, do you have any analysis on market cycle short cycle and longer term cycle forecast?

I used do that, but mostly they don't work, so I stopped doing that.

[gappy]

Nat gas: "The reality here is we have this huge supply overhang. It seems inevitable that we are going to get a one (dollar) handle on this thing." Matt Smith, analyst, Summit Energy.

[f-stop]

Freestockcharts shows a strange TVIX chart...

[Cobra]

the feeling is another leg up, not sure.

[Petsamo]

ok. Natural Gas NOW! the low MUST be in FINALLY!

This is what I prefer to look at:



The formula is EWZ / UNG x 45. Relative to EWZ (or IWM or SPY), UNG is extremely weak.

Break

Something's going on at Europe, EWG (Germany) is rallying big.

[stucap]

the feeling is another leg up, not sure.

i don't see us advancing much above 1409.50 ES --- so upside IMHO is limitied here. Would I short? No way.

[Cobra]

key time. so far goes as planed.

[Cobra]

ES update, still on the way to test the overnight high.

[BullBear52x]

BUY

[TraderGirl]

There is only one turn date this week, it is Tuesday or Wednesday, and it looks like it could start tomorrow morning...

[dumamay]

ES update, still on the way to test the overnight high.

Cobra what is the point spread between ES and SPX ??

[BullBear52x]

This rising wedge and Neg D only bears game left in town, TVIX is still a buy hmm..

[uempel]

Update: