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11/14/2012 Live Update

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Claire
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Re: 11/14/2012 Live Update

Post by Claire »

does anyone know why the $ dropped suddenly?
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TraderJoe
Posts: 881
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Re: 11/14/2012 Live Update

Post by TraderJoe »

Al_Dente wrote:zzzzzzzzzzzzzzzz
fomc minutes due in a minute
post link when u see them pls
:arrow: :geek:
Live Update here -- http://www.businessinsider.com/fomc-oct ... es-2012-11
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Me XMan
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Re: 11/14/2012 Live Update

Post by Me XMan »

More QE QE QE QE
TraderJoe wrote:
Al_Dente wrote:zzzzzzzzzzzzzzzz
fomc minutes due in a minute
post link when u see them pls
:arrow: :geek:
Live Update here -- http://www.businessinsider.com/fomc-oct ... es-2012-11
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MrMiyagi
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Joined: Sun Oct 16, 2011 12:48 pm

Post by MrMiyagi »

Mmmmmkkkay... So SPY hit the 137.45$.. 15 min chart still good to go, 1,3,5 topped.
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TraderJoe
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Re: 11/14/2012 Live Update

Post by TraderJoe »

FOMC minutes are out.
The headline is that the Fed says a number on the FOMC favored more QE after Operation Twist. No big surprise there.
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TraderGirl
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Re: 11/14/2012 Live Update

Post by TraderGirl »

Claire wrote:does anyone know why the $ dropped suddenly?
Technically..losing rel strength on up move...testing 50dma, and most likely channel support...

If support doesn't hold, could go down to test 200dma (black line)
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Me XMan
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Re: 11/14/2012 Live Update

Post by Me XMan »

More down side coming IMO... :(
TraderJoe wrote:FOMC minutes are out.
The headline is that the Fed says a number on the FOMC favored more QE after Operation Twist. No big surprise there.
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fehro
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Re: 11/14/2012 Live Update

Post by fehro »

TraderGirl wrote:FAS...??
longer term XLF
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MrMiyagi
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Post by MrMiyagi »

Yep... Cancel Christmas, cancel Thanksgiving, cancel all.
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Cobra
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Re: 11/14/2012 Live Update

Post by Cobra »

testing the low more than 3 times, I don't think the low would hold.
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TraderGirl
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Re: 11/14/2012 Live Update

Post by TraderGirl »

fehro wrote:
TraderGirl wrote:FAS...??
longer term XLF
Nice chart...its very possible, financials have topped out...I think FAS has see it's last high before we head lower...maybe attempt for another high...but resistance will most likely be too strong...
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Cobra
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Re: 11/14/2012 Live Update

Post by Cobra »

not a valid breakdown yet, wait.
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Anaconda
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Re: 11/14/2012 Live Update

Post by Anaconda »

I still show p-bar to SPY 137.79 from earlier this afternoon. Fits with a ramp into the close. This bear is about to take a powder, before jumping back on the snowboard.
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Cobra
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Re: 11/14/2012 Live Update

Post by Cobra »

breakdown indeed. here's the target.
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pezhead9000
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Re: 11/14/2012 Live Update

Post by pezhead9000 »

:o :shock:
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Al_Dente
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Re: 11/14/2012 Live Update

Post by Al_Dente »

THANKS TRADERJOE

And here’s the zerohedge spin on the fomc minutes
http://www.zerohedge.com/news/2012-11-1 ... twist-ends
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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Me XMan
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Re:

Post by Me XMan »

They may have late turkey rally and x-mas rally together.
MrMiyagi wrote:Yep... Cancel Christmas, cancel Thanksgiving, cancel all.
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Me XMan
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Re: 11/14/2012 Live Update

Post by Me XMan »

Careful there...
pezhead9000 wrote::o :shock:
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MrMiyagi
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Post by MrMiyagi »

RUT just collapsing here...
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fehro
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Re: 11/14/2012 Live Update

Post by fehro »

couple of dailies... fwiw.
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