10/26/2012 Live Update

[gappy]

Cobra, any thoughts on Gold and Silver? Silver seems to be breaking out of the down channel while gold is still fighting the channel upper trend line. Thx.

Schaeffer monthly historical tendency. Prior performance doesn't guarantee future profits though. GL.

[BigChief]

Same day as yesterday, down in the morning, flat at lunch, then up for the close? How boring is this, we need conviction!

[Al_Dente]

PAGING CLARKw
If there is a god, this will turn down at resistance
Do u count waves? Is this supposed to bust up or down EW?
ps: ignore everything below the default RSI

1026god.png

Sorry for the delay Al. I see a breakdown as well. Bought a little more DUST an hour ago. Below is 60 min and 15, both showing breakdown imo
And sorry Al, I do not count waves. Maybe TraderGirl could give her opinion on that

thanks clark
the 15min looks kind of dome-ish

[Mr. T]

This is actually good if market wants to hit SPX 1500.

Friday's are typically not bearish, but if we have a red candlestick today, it'll be the 4th bearish Friday.

How?

[Al_Dente]

TLT/TMF says folks r buying bonds instead of stocks today……….at the moment

[Cobra]

It's only me, or the members only update page is having problems to charge?

you mean speed slow? Now is fine.

[Xian]

Re: APPL,

Who's expecting an obligatory bounce at the 200? Or was that 591 print close enough?

[jarbo456]

For those of you who keep asking about aapl: There are two kind of corrections after such huge upside, let's call em the PFE decline and the YHOO decline. My best guess is that aapl will see a PFE decline...

56.png

55.png

are you calling a top in aapl good sir?

[victorm]

Does anyone know what´s going on with MOTR? This crazy stock is up 20% almost every day...pity I didn´t buy more now is too late I assume

The last gulp or air when sinking... article driven...

[Al_Dente]

5 min internals
[now attempting a sqz up to vwap ]

[Xian]

APPL again: damn, guess I missed that squeeze.

[KeiZai]

Russell is trying to make 2xbottom, IMHO will fail very soon

[ClarkW]

Cobra, any thoughts on Gold and Silver? Silver seems to be breaking out of the down channel while gold is still fighting the channel upper trend line. Thx.

Schaeffer monthly historical tendency. Prior performance doesn't guarantee future profits though. GL.

Great stuff, Gap Up! Thanks for sharing

[Al_Dente]

PAGING TRADERGIRL
Do u have any short-term wave count on GDX

[Cobra]

nothing to say, just fibo info. this rebound is a little bit stronger because it exceeded the mini rebound target.

[fehro]

up against the channel once again.. breakout?.. orange line...1425ish? if it goes...

[jarbo456]

Cobra, any thoughts on Gold and Silver? Silver seems to be breaking out of the down channel while gold is still fighting the channel upper trend line. Thx.

Schaeffer monthly historical tendency. Prior performance doesn't guarantee future profits though. GL.

Great stuff, Gap Up! Thanks for sharing

thanks for noting this, but any idea what raw data went into this...for example how many years are averaged to plot this?

[KeiZai]

Does anyone know what´s going on with MOTR? This crazy stock is up 20% almost every day...pity I didn´t buy more now is too late I assume

The last gulp or air when sinking... article driven...

I didn´t find anything what would cause +20% almost each day I think they need to take stock above 1 to stay in nasdaq so maybe that´s the reason

thanks!

[Al_Dente]

up against the channel once again.. breakout?.. orange line...1425ish? if it goes...

why orange

[TraderGirl]

Here is the chart TraderLady was referring to. It points to Monday and it's countertrend. So the bulls better hope for some weakness today. As to the recent SPY trade with huge volume: the larger the bets are the more volatility we get And volatility is what feeds us - right?

ss.png

Do you have a time on that signal?? My chart says we open, go slightly lower then bounce....don't know what the rest of the day looks like, so waiting until the weekend to get updated...