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Re: 05/21/2012 Live Update

Posted: Mon May 21, 2012 3:41 pm
by trader_jay
understood, by the V-shape after the turn was scarely in the last occassion


Petsamo wrote:
trader_jay wrote:good piece on ZH on why the markets are rally today

http://www.zerohedge.com/news/why-we-are-rallying-today
That's a viewpoint of one Monday morning quarterback. We don't have a shortage of those.

Re: 05/21/2012 Live Update

Posted: Mon May 21, 2012 3:43 pm
by Cobra
trader_jay wrote:hi, cobra,

does the overnight low 1287.25 qualified as a lower low as mentioned in your report ? or are you looking for a lower low a few days or mabybe a few weeks later ?

thanks very much
you think the low was in today?

Re: 05/21/2012 Live Update

Posted: Mon May 21, 2012 3:45 pm
by victorm
rpccharts wrote:SOCIAL MEDIA 101 - WTF?

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Thanks, good to have it.

Re: 05/21/2012 Live Update

Posted: Mon May 21, 2012 3:50 pm
by Cobra
aapl update, should be more on the upside. http://stockcharts.com/public/1684859/c ... /260183775;

Re: 05/21/2012 Live Update

Posted: Mon May 21, 2012 3:52 pm
by ken_d17
Cobra wrote:
trader_jay wrote:hi, cobra,

does the overnight low 1287.25 qualified as a lower low as mentioned in your report ? or are you looking for a lower low a few days or mabybe a few weeks later ?

thanks very much
you think the low was in today?

one possibility: today is rebound day (some of it options related) . maybe some continuation tomorrow. new low later in the week.

Re: 05/21/2012 Live Update

Posted: Mon May 21, 2012 3:53 pm
by Cobra
today's rebound doesn't change anything. It's planet Earth. members should know what I mean.

Re: 05/21/2012 Live Update

Posted: Mon May 21, 2012 3:53 pm
by rpccharts
FED SELLING e - 8.5B in Treasuries tomorrow

http://www.newyorkfed.org/markets/tot_o ... edule.html

Re: 05/21/2012 Live Update

Posted: Mon May 21, 2012 3:54 pm
by Cobra
ken d wrote:
Cobra wrote:
trader_jay wrote:hi, cobra,

does the overnight low 1287.25 qualified as a lower low as mentioned in your report ? or are you looking for a lower low a few days or mabybe a few weeks later ?

thanks very much
you think the low was in today?

one possibility: today is rebound day (some of it options related) . maybe some continuation tomorrow. new low later in the week.
not a bad plan. :mrgreen:

Re: 05/21/2012 Live Update

Posted: Mon May 21, 2012 3:58 pm
by Cobra
well, guess that's it for today. the rebound is impressive but the breadth is not strong enough. My guess is a consolidation of some kind tomorrow, won't expect to up huge again. thank you guys, I'll see you tomorrow.

Re: 05/21/2012 Live Update

Posted: Mon May 21, 2012 4:01 pm
by dr659
Cobra wrote:today's rebound doesn't change anything. It's planet Earth. members should know what I mean.
There is gavity?

Re: 05/21/2012 Live Update

Posted: Mon May 21, 2012 4:05 pm
by ken_d17
dr659 wrote:
Cobra wrote:today's rebound doesn't change anything. It's planet Earth. members should know what I mean.
There is gavity?

Earthlings are never satisfied with a single attempt -- always repeat.

Re: 05/21/2012 Live Update

Posted: Mon May 21, 2012 4:07 pm
by btran874
dr659 wrote:
Cobra wrote:today's rebound doesn't change anything. It's planet Earth. members should know what I mean.
There is gavity?
No there's karma.

Re: 05/21/2012 Live Update

Posted: Mon May 21, 2012 4:12 pm
by MrMiyagi
Did today even FEEL like a 20 point gain day?

Re: 05/21/2012 Live Update

Posted: Mon May 21, 2012 4:15 pm
by giggleeyes
MrMiyagi wrote:Did today even FEEL like a 20 point gain day?
No, just like a 20 point healing day...

Re: 05/21/2012 Live Update

Posted: Mon May 21, 2012 4:16 pm
by snakehead
Last-minute buys/sells on SPY? (Where's Petsamo).


Also Miyagi: was that the only P-bar u saw today (the one going down?) :P

Re: 05/21/2012 Live Update

Posted: Mon May 21, 2012 4:30 pm
by MrMiyagi
snakehead wrote: Also Miyagi: was that the only P-bar u saw today (the one going down?) :P
There was another one later but not as low.

Re: 05/21/2012 Live Update

Posted: Mon May 21, 2012 4:36 pm
by dr659
ken d wrote:
dr659 wrote:
Cobra wrote:today's rebound doesn't change anything. It's planet Earth. members should know what I mean.
There is gravity?

Earthlings are never satisfied with a single attempt -- always repeat.
I knew that , We try 3 times

Re: 05/21/2012 Live Update

Posted: Mon May 21, 2012 4:47 pm
by Cobra
dr659 wrote:
ken d wrote:
dr659 wrote:
Cobra wrote:today's rebound doesn't change anything. It's planet Earth. members should know what I mean.
There is gravity?

Earthlings are never satisfied with a single attempt -- always repeat.
I knew that , We try 3 times
:mrgreen:

Re: 05/21/2012 Live Update P bars

Posted: Mon May 21, 2012 4:52 pm
by Medman
What is the significance of phantom bars or "p bars" During day trading and afterhours??

Re: 05/21/2012 Live Update P bars

Posted: Mon May 21, 2012 5:17 pm
by btran874
[email protected] wrote:What is the significance of phantom bars or "p bars" During day trading and afterhours??
Extremely significant but I think if you go to Vegas and play roulette and bet Red you might have a better chance.