09/25/2012 Live Update

[TraderGirl]

I guess the end of day will be crucial today....looking at UVXY has bull flag, and XIV bear flag...so see how it resolves later....

[fehro]

careful.. right on support

[MrMiyagi]

Do you dare?

[knock]

Do you dare?

i got the small p on QQQ

[noob]

cobra are we tradying on a bear fla on the 5 ,1o minutes spy?

I assume he'll say consolidate here without sharp rebound is good for bears

I guess you have to take a look at volumes too..

True, don't see spike tho.

[MrMiyagi]

i got the small p on QQQ

Makes two of us!

[fehro]

breakdown

[Cobra]

more down as I said. here's the target. I think yesterday's low will be tested.

[noob]

more down as I said. here's the target. I think yesterday's low will be tested.

Finally we had a sell on the news day.

[MrMiyagi]

[Cobra]

support is clear on the 60 min chart. go bears go!

[Petsamo]

The best chance for a gap up tomorrow is if we finish at the lows.

(The gap down prediction for this morning didn't come true, but it may as well have been because we're currently negative.)

[Cobra]

guys, I had very unlucky day today, the ES hit my bull target but unfortunately the sell limit order not triggered, so I lost a few thousands and still not got back yet. so my heart is broken, please offer me some stimulus package by voting for me so that I can concentrate on the market instead of mourning my losses today. thanks. http://stockcharts.com/public/1684859/tenpp

[TraderGirl]

Just saw this in CNBC about this guy in Russia who crashes in his truck, lands on his feet....

did he even have a windshield??

http://www.autoevolution.com/news/extre ... 49780.html

[Petsamo]

SPY finally busted yesterday's low. (Yesterday's high was busted this morning.)

[Cobra]

generally, I won't think this rebound is buy.

[Me XMan]

Just so close there...maybe next time.

guys, I had very unlucky day today, the ES hit my bull target but unfortunately the sell limit order not triggered, so I lost a few thousands and still not got back yet. so my heart is broken, please offer me some stimulus package by voting for me so that I can concentrate on the market instead of mourning my losses today. thanks. http://stockcharts.com/public/1684859/tenpp

[noob]

guys, I had very unlucky day today, the ES hit my bull target but unfortunately the sell limit order not triggered, so I lost a few thousands and still not got back yet. so my heart is broken, please offer me some stimulus package by voting for me so that I can concentrate on the market instead of mourning my losses today. thanks. http://stockcharts.com/public/1684859/tenpp

Target 146.24 was perfectly hit, too perfect. Pad pad. I thought you always trade a bit shy of target?

I hope you switched to shorts when the blue line was taken out .

[Cobra]

guys, I had very unlucky day today, the ES hit my bull target but unfortunately the sell limit order not triggered, so I lost a few thousands and still not got back yet. so my heart is broken, please offer me some stimulus package by voting for me so that I can concentrate on the market instead of mourning my losses today. thanks. http://stockcharts.com/public/1684859/tenpp

Target 146.24 was perfectly hit, too perfect. Pad pad. I thought you always trade a bit shy of target?

I hope you switched to shorts when the blue line was taken out .

My sell order at exactly ES 1457, it's hit but to guarantee a sell, a 1457.25 is needed. I've already a few ticks ahead of my normal target.

Yes, of course you bet I switched to the downside when I had the failure, but remember, I was with eye doctor, so had to out partial before I talk to him.

[TraderGirl]

SPY...support coming up where it broke out of LT wedge.....144.80

Today we had a fake-out indeed....