04/11/2012 Live Update

[soku]

i am closing my hedged longs. i think the chance of dropping from here is getting higher.

[TWT]

SPX: Follow up of the short term EWP

[BullBear52x]

Thanks Cobra and everyone, I am done today, GLTA

TA note: how the hell anyone want to day trade this crappy internals.

[Cobra]

well, hopefully, it's not descending triangle for aapl.

[TraderGirl]

could head back down to 1366ish, but it looks like a buy at that point...

[wayne0708]

Cobra:
How does vix look today? it still slightly over upper band, do you see intermediate top in already and is heading down?

[Al_Dente]

...TA note: how the hell anyone want to day trade this crappy internals.

all volatility
stolen and tweaked
all I know is that it often leads….hmmmmmmmm
PS what time is beige book??

[SWalsh]

OLD NEWS… Oy…..April 9, 2012 4:46 pm

Banks eye insurers for funding stability
http://www.youtube.com/watch?v=S8rCy173 ... re=related

If by that (didn't read the article) it means that they are looking to buy into insurers, then we are going to see life, accident, and disability policy payments drop.

The dirty little secret in America is that insurance companies are the most very corrupt institutions in America. They must be pleased that the FBI targets organized crime while they buy judges.

Can judges be bought? Two just plead guilty to taking $1.6 million over 4 years from a privatized prison for juveniles to hand out harsher sentences to send the kids into their gulags.

[HuyVanLang]

If beige book mentions no EQ3 (I don't think there will be EQ3 this year, because if there will, Obama will have admitted his economy is a failure which opens door for Republican to attack him),so will the market test the yesterday low today or tomorrow?

[TraderGirl]

Check out VIX and XIV...
Edit: channel added for XIV...

[Richarab]

FINALLY! NG at 1.98! I am jumping in!

[snakehead]

Here's an interesting articles for all you gold bugs out there (I recently dumped the rest of my GDX when i broke critical support ... )

http://www.kitco.com/ind/Yu/20120410.html

[Cobra]

aapl 3rd touch on descending triangle bottom, no good, bulls need pray.

[SB73]

Bulls looking weaker by the moment closed out SPY longs with gain and GDX longs with a loss...

[Cobra]

volume surge, biggest bar, bulls still have hopes. let's wait.

[snakehead]

volume surge, biggest bar, bulls still have hopes. let's wait.

Flip a coin !!


BTW; great job, Cobra -- good charts !!!!

[Cobra]

you don't really want to see aapl break down here because it could be H&S top.

[Cobra]

hold your breath. the battle is still on.

[soku]

ey ceo is on bloomberg, saying companies with more women on board performed better.
cobra, i think it is yr job to recruit more women.
i vote for long legged blonde and i vote chinese for richarab

[Al_Dente]

TRIN volume is racing into ADVANCING STOCKS
While spy is trying for a double bottom?
Hello?
Did I mention how much the internals suck?