07/25/2012 Live Update

[TraderGirl]

Check out the long term chart of GM, if it breaks this support level...next level could be around $10-13, and then around $5...

[Petsamo]

Possible inverted H&S on IWM intraday

[heavenskrow]

Here is an updated F chart....5th wave now below 3rd wave (sometimes 5 waves could be double zig zag as well). Looks like some support at 8.60-8.70, seeing pos d...but overall looks like could be forming a large H&S...

Tradergirl, look at GM too breaking down from support today.
Also Ford had a weekly close below the red weekly candles giving us an earlier hint

GM sitting at support created by the Oct and Dec 2011 lows....

just used TDAmeritrade to chart it. ProRealtime shows different things.
ProRealtime=breaking support
TDAmeritrade=holding support. =p

[jarbo456]

Hi,
From what I read, it trades like a stock, moving with buyers & sellers, not the vix..

yeah it definitely does not track the $VIX 100%. It's like playing with the devil.

HK, were you around when the whole TVIX issue happened?? CS stopped supporting the etf, the shares tumbled....

http://www.businessweek.com/news/2012-0 ... -low-price

http://www.marketwire.com/press-release ... 664061.htm

wow i had no idea whatsoever. maybe that's why my other friend was saying he preferred UVXY than TVIX. thank you so much for sharing

yeah, you totally missed the whole episode where retailers were brutally abused by the evil inner workings of these ETN's.

my personal advice would be to know what you're trading...aka ETF's vs ETN's. it's something that MOST retailers have no idea about and something they assume to be completely the same...very much NOT.

i'd encourage you to read from this post onward for the next couple of weeks - http://vixandmore.blogspot.com/2012/02/ ... units.html

this guy also does some independent studies and analysis on volatility products: http://sixfigureinvesting.com/blog/

[TraderGirl]

Here is an updated F chart....5th wave now below 3rd wave (sometimes 5 waves could be double zig zag as well). Looks like some support at 8.60-8.70, seeing pos d...but overall looks like could be forming a large H&S...

Tradergirl, look at GM too breaking down from support today.
Also Ford had a weekly close below the red weekly candles giving us an earlier hint

GM sitting at support created by the Oct and Dec 2011 lows....

just used TDAmeritrade to chart it. ProRealtime shows different things.
ProRealtime=breaking support
TDAmeritrade=holding support. =p

Interesting....you ever see that difference in the past?

[Cobra]

Al, do you remember your baby... I use it daily
http://stockcharts.com/h-sc/ui?s=SPY&p= ... =250236810

Oy, what a handsome chart
btw: My intraday renko says the flag turned down at downward sloping MA resistance... again
INTRADAY ONLY; CAN CHANGE QUICKLY
[“My” chart stolen from benandlloyd]

725renko.png

Al, I like your intraday Renko, here a daily with exotic settings - not my idea, but it was love at first sight
PS: What are the settings of your Renko?

Renko1.png

uemp
Just send me a PM.
Am happy to share my settings with any on board who practice “mutual respect” (like u do).
I’m not posting settings any more on board as I don’t really want the “haters” and negative folks to find any value in my posts….…so there……

Old Al Dente strategy: block folks who can’t comprehend what “mutual respect” is.
But Cobra’s blocking feature is inadequate, so ….
New Al Dente strategy: block anyone who responds to mean-spirited posts
I apologize in advance to all nice folks for missing your posts….just quit replying to negative soap-opera loops already…
Pretty soon I’ll have everyone blocked except Cobra ! ………hmmmmm……actually not a bad idea

snakehead was banned yesterday.

[MrMiyagi]

Relative to the past two crazy whacky days, there are very very few pbars today.

[Cobra]

I'm neutral.

[louie]

Al, do you remember your baby... I use it daily
http://stockcharts.com/h-sc/ui?s=SPY&p= ... =250236810

Oy, what a handsome chart
btw: My intraday renko says the flag turned down at downward sloping MA resistance... again
INTRADAY ONLY; CAN CHANGE QUICKLY
[“My” chart stolen from benandlloyd]

725renko.png

Al, I like your intraday Renko, here a daily with exotic settings - not my idea, but it was love at first sight
PS: What are the settings of your Renko?

Renko1.png

uemp
Just send me a PM.
Am happy to share my settings with any on board who practice “mutual respect” (like u do).
I’m not posting settings any more on board as I don’t really want the “haters” and negative folks to find any value in my posts….…so there……

Old Al Dente strategy: block folks who can’t comprehend what “mutual respect” is.
But Cobra’s blocking feature is inadequate, so ….
New Al Dente strategy: block anyone who responds to mean-spirited posts
I apologize in advance to all nice folks for missing your posts….just quit replying to negative soap-opera loops already…
Pretty soon I’ll have everyone blocked except Cobra ! ………hmmmmm……actually not a bad idea

snakehead was banned yesterday.

Have no idea as to why you did this... and don't really care. Bottom line is "you can't afford for anyone to distract from your business model. So, good for you Cobra!

[heavenskrow]

Here is an updated F chart....5th wave now below 3rd wave (sometimes 5 waves could be double zig zag as well). Looks like some support at 8.60-8.70, seeing pos d...but overall looks like could be forming a large H&S...

Tradergirl, look at GM too breaking down from support today.
Also Ford had a weekly close below the red weekly candles giving us an earlier hint

GM sitting at support created by the Oct and Dec 2011 lows....

just used TDAmeritrade to chart it. ProRealtime shows different things.
ProRealtime=breaking support
TDAmeritrade=holding support. =p

Interesting....you ever see that difference in the past?

yeah a couple of times. I use TDameritrade for mainly futures charting and afterhours visuals. Most of the trend lines depend solely on the user seeing the patterns/support/resistance and then drawing them with a tool.
Whereas Prorealtime it kind of clicks right onto the lowest closes/bars on the candlestick which helps a lot.

[uempel]

TraderLady, you like cars. Is this you

[BullBear52x]

I expect a stronger day internal wise, but this is suspiciously weaker then I anticipated.

[heavenskrow]

Hi,
From what I read, it trades like a stock, moving with buyers & sellers, not the vix..

yeah it definitely does not track the $VIX 100%. It's like playing with the devil.

HK, were you around when the whole TVIX issue happened?? CS stopped supporting the etf, the shares tumbled....

http://www.businessweek.com/news/2012-0 ... -low-price

http://www.marketwire.com/press-release ... 664061.htm

wow i had no idea whatsoever. maybe that's why my other friend was saying he preferred UVXY than TVIX. thank you so much for sharing

yeah, you totally missed the whole episode where retailers were brutally abused by the evil inner workings of these ETN's.

my personal advice would be to know what you're trading...aka ETF's vs ETN's. it's something that MOST retailers have no idea about and something they assume to be completely the same...very much NOT.

i'd encourage you to read from this post onward for the next couple of weeks - http://vixandmore.blogspot.com/2012/02/ ... units.html

this guy also does some independent studies and analysis on volatility products: http://sixfigureinvesting.com/blog/

Hey Jarbo!
Thank you a lot for this. I am one of those retailers who had no idea about the product I'm trading.... (just charts)
Vix and More is a great blog site...but I will read into sixfigureinvesting. cheers!

[Al_Dente]

[quote="Al_Dente

snakehead was banned yesterday.[/quote]
THANK YOU
THANK YOU
THANK YOU

[Mr. BachNut]

Triangle?

[Mr. BachNut]

I expect a stronger day internal wise, but this is suspiciously weaker then I anticipated.

Agree.

[Cobra]

THANK YOU
THANK YOU
THANK YOU

I cannot watch here every second so if you feel hurt, please do not hesitate to let me know. at least I need do something to protect MY OWN INTEREST as this forum for me is not for fun only. anyone trying to ruin the forum is considered to ruin my business so I'd take it seriously.

[BullBear52x]

[quote="Al_Dente

snakehead was banned yesterday.

THANK YOU
THANK YOU
THANK YOU[/quote]
A trader normally has a high noise filtering capability, of what being said on this board will not distract me, my account balance maters if the foul mouth can help be it, I agreed with uncle Ben all the time because he got deep pocket, It would not be smart to put him in my foe list. ( I have no one in my foe list by the way)

[Al_Dente]

THANK YOU
THANK YOU
THANK YOU

I cannot watch here every second so if you feel hurt, please do not hesitate to let me know. at least I need do something to protect MY OWN INTEREST as this forum for me is not for fun only. anyone trying to ruin the forum is considered to ruin my business so I'd take it seriously.

Thanks again cobra
Or, to put it in a vulgar way….

The message is now clear:
If you need to take a dump, go to the toilet.
DO NOT DUMP ON COBRA’S BOARD

[CarlosDK]

Cobra ,, what is your wildest guess from here ??