01/23/2013 Live Update

[Al_Dente]

so that is a YES, correct? yes it is your vol term struct?

Yes

Boss I’m getting really bored with these higher lows and higher highs
mmmmmmm here’s a true story/time waster:

husband or cat.png

I'll take the husband, he's cute!!

OH, OK, NOW YOU POP IN
now we see what your true priorities are

[TraderJoe]

David Einhorn's 4Q Letter to Investors
http://c7.valuewalk.com/wp-content/uplo ... 012-04.pdf

[Royal Flush]

Top Trucking Economist Warns Q1 Will Be Weak
Truckers saw the Great Recession coming before anyone else. So it pays to pay close attention to what they have to say.

The above is true, I use to manufacture the air brakes for trucks and boy o boy did it slow down. I saw the recession coming at least 8 months prior.

Hi TraderJoe, The US Macro Index concurs with your warning. On a seasonal basis, this is the worst start to a year since the crisis began and the trend is for considerably further deterioration…

From: http://silveristhenew.com/2013/01/22/us ... -5-months/

[BullBear52x]

My new AD study give a sell alert, no go yet just an alert for now. Thanks to Mr. M for the use new high as a stop, so far this 20 day old new in the tool box were looking good in line with my other holy grail.

Boss try using 19/39/1 instead of the inverse 39/19/1
Rocket_Man 88 gave that to us last year
And Cobra confirmed it last year

Someone is really good. I want to see who pays attention now I know

[skittlesmds]

Anyone heard from TraderGirl recently? I haven't seen her post in a while.

YES, she is A-OK

Please tell her that we need some turn dates. Tired of this low vix.

Hi Skittles...sometimes in this bullish enviro...the turns don't have affect...when they start to take affect then they are more relevant...this week, the turns are Tues, Weds and Friday...

It seems that we could start to see some volatility after the 30th or so...which correlates with FOMC meeting 29/30th.

Maybe we see some negativity towards the end of the week...?? Jan-March 2011, I had so many turns, and nothing happened...

BUT!! My long term chart, which has been spot on for two years says we see a major top around 14,000 on the Dow..could overshoot or undershoot by a couple hundred points...

Thanks TraderGirl. I hope you are having a good day.

[KENA]

Here is a 15 min chart and it is topping the trend channel and also look at the stoh's..To me I will be getting my feet wet on some shorts (just a little bit for now )Have not been doing much but my project is getting close to being done..Took longer then I thought..GTTA

[Al_Dente]

My new AD study give a sell alert, no go yet just an alert for now. Thanks to Mr. M for the use new high as a stop, so far this 20 day old new in the tool box were looking good in line with my other holy grail.

Boss try using 19/39/1 instead of the inverse 39/19/1
Rocket_Man 88 gave that to us last year
And Cobra confirmed it last year

Someone is really good. I want to see who pays attention now I know

Wha? U know I never miss a bit of your stuff
“Rocket_Man88” worked hard on that one………and WE ALL stole it from him last year
(credit where credit due)

[TraderGirl]

Top Trucking Economist Warns Q1 Will Be Weak
Truckers saw the Great Recession coming before anyone else. So it pays to pay close attention to what they have to say.

The above is true, I use to manufacture the air brakes for trucks and boy o boy did it slow down. I saw the recession coming at least 8 months prior.

Hi TraderJoe, The US Macro Index concurs with your warning. On a seasonal basis, this is the worst start to a year since the crisis began and the trend is for considerably further deterioration…

20130122_USECO1.jpg

From: http://silveristhenew.com/2013/01/22/us ... -5-months/

It usually takes about 2 weeks from the start of earnings season for the shine to start to wear off...today is about two weeks from Jan 8/9th when AA was announced...so now it's on to the economy and debt ceiling...the real news...

[TraderGirl]

Anyone heard from TraderGirl recently? I haven't seen her post in a while.

YES, she is A-OK

Please tell her that we need some turn dates. Tired of this low vix.

Hi Skittles...sometimes in this bullish enviro...the turns don't have affect...when they start to take affect then they are more relevant...this week, the turns are Tues, Weds and Friday...

It seems that we could start to see some volatility after the 30th or so...which correlates with FOMC meeting 29/30th.

Maybe we see some negativity towards the end of the week...?? Jan-March 2011, I had so many turns, and nothing happened...

BUT!! My long term chart, which has been spot on for two years says we see a major top around 14,000 on the Dow..could overshoot or undershoot by a couple hundred points...

Thanks TraderGirl. I hope you are having a good day.

Thanks Skittles!!

[BullBear52x]

My new AD study give a sell alert, no go yet just an alert for now. Thanks to Mr. M for the use new high as a stop, so far this 20 day old new in the tool box were looking good in line with my other holy grail.

Boss try using 19/39/1 instead of the inverse 39/19/1
Rocket_Man 88 gave that to us last year
And Cobra confirmed it last year

Someone is really good. I want to see who pays attention now I know

Wha? U know I never miss a bit of your stuff
“Rocket_Man88” worked hard on that one………and WE ALL stole it from him last year
(credit where credit due)

OK, Sorry Mr.M, I will have to take that trophy back.

[Cobra]

nothing new, so far goes as planed.

[MrMiyagi]

Any opinions on SBUX? Earnings tomorrow.

[Al_Dente]

David Einhorn's 4Q Letter to Investors
http://c7.valuewalk.com/wp-content/uplo ... 012-04.pdf

Thanks boss I love einhorn and can rarely find his stuff
Here’s one 4 u:

An interesting take on WHO is buying all this stock…and HOW
1) Bank “excess reserves” …”…have been making their way into stocks. The steady increase in excess reserves since 2008 has a 0.84 correlation with the S&P 500 index during that period …. Indeed, the trend in excess reserves has seemed to lead the S&P 500 at several key points…”
2) “Total margin debt - …in margin accounts …- has been strongly related to the overall path of the stock market. While margin debt has rebounded by over $150 billion since February 2009 - to just over $350 billion at the end of November 2012 - it has still not come close to the high of over $400 billion in July 2007….. However…”

http://seekingalpha.com/article/1123761 ... view&ifp=0

[Cobra]

resistance. break above it then I need a new plan.

[CognitiveDissonance]

Yeah, me too lol

[Al_Dente]

Boss I’m getting really bored with these higher lows and higher high

GO long , stay long, and be happy
by the order of BB of FRB of USA

http://www.youtube.com/watch?v=yv-Fk1PwVeU

[BullBear52x]

Any opinions on SBUX? Earnings tomorrow.

TA side of thing.

[TraderGirl]

Any opinions on SBUX? Earnings tomorrow.

Here is earnings announcement reaction in last year...

Also clinging to 200dma on hourly...MACD below zero line...can't say what it will do...but could slip below 200dma...

[TraderJoe]

David Einhorn's 4Q Letter to Investors
http://c7.valuewalk.com/wp-content/uplo ... 012-04.pdf

Thanks boss I love einhorn and can rarely find his stuff
Here’s one 4 u:

An interesting take on WHO is buying all this stock…and HOW
1) Bank “excess reserves” …”…have been making their way into stocks. The steady increase in excess reserves since 2008 has a 0.84 correlation with the S&P 500 index during that period …. Indeed, the trend in excess reserves has seemed to lead the S&P 500 at several key points…”
2) “Total margin debt - …in margin accounts …- has been strongly related to the overall path of the stock market. While margin debt has rebounded by over $150 billion since February 2009 - to just over $350 billion at the end of November 2012 - it has still not come close to the high of over $400 billion in July 2007….. However…”

http://seekingalpha.com/article/1123761 ... view&ifp=0

Good stuff, Thanks

[MrMiyagi]

Thanks BB52x, TG.