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Re: 07/29/2013 Live Update
Posted: Mon Jul 29, 2013 11:03 am
by L_T
Al_Dente wrote:“Developed” markets, plus Emerging
One month, percentage performance
729developed_png.png

SPAIN!

Re: 07/29/2013 Live Update
Posted: Mon Jul 29, 2013 11:06 am
by Al_Dente
L_T wrote:Al_Dente wrote:“Developed” markets, plus Emerging
One month, percentage performance
729developed_png.png

SPAIN!

14 Charts FedEx CEO Fred Smith Watches When He Thinks About The US Economy
http://www.businessinsider.com/fedex-ec ... 013-7?op=1
Re: 07/29/2013 Live Update
Posted: Mon Jul 29, 2013 11:08 am
by PanamaJack
gappy wrote:Hightower a.m. blurb, same o, ease or not barf. GLTA.
gold.PNG
Gappy,
Thanks for the heads up.

Last week I noticed NUGT drop - and took advantage of the buying opportunity. I guess they dropped it for the big boys to get in.
Good Trades,
PanamaJack
Re: 07/29/2013 Live Update
Posted: Mon Jul 29, 2013 11:09 am
by L_T
Glad I'm still short from the breakdown bar a while ago (and still falling...)
Re: 07/29/2013 Live Update
Posted: Mon Jul 29, 2013 11:11 am
by Cobra
pullback as expected, now let's see any rebound as volume surge. I don't like this big bear bar but I'll give bulls a little more time.
Re: 07/29/2013 Live Update
Posted: Mon Jul 29, 2013 11:13 am
by Al_Dente
nydec 2000
Re: 07/29/2013 Live Update
Posted: Mon Jul 29, 2013 11:13 am
by user13
Lol yea we are in really big trouble. The Question is when does that trouble become more powerful than the FED
Re: 07/29/2013 Live Update
Posted: Mon Jul 29, 2013 11:14 am
by L_T
L_T wrote:Glad I'm still short from the breakdown bar a while ago (and still falling...)
Out at 168.39. Way below BB and reached my Fib target.
However as Cobra says this bear may have legs.

Re: 07/29/2013 Live Update
Posted: Mon Jul 29, 2013 11:15 am
by Al_Dente
user13 wrote: Lol yea we are in really big trouble. The Question is when does that trouble become more powerful than the FED

- oy bears.png (127.23 KiB) Viewed 7993 times
Re: 07/29/2013 Live Update
Posted: Mon Jul 29, 2013 11:18 am
by fehro
possible H&S, neckline subject to revisions, or blue channel bounce SPX 5m
Re: 07/29/2013 Live Update
Posted: Mon Jul 29, 2013 11:18 am
by Cobra
forget about blue arrow, this bear may still have small legs.
Re: 07/29/2013 Live Update
Posted: Mon Jul 29, 2013 11:19 am
by Al_Dente
Re: 07/29/2013 Live Update
Posted: Mon Jul 29, 2013 11:20 am
by user13
Al_Dente wrote:user13 wrote: Lol yea we are in really big trouble. The Question is when does that trouble become more powerful than the FED
oy bears.png
Haha exactly! I think the sentiment will change so fast to the point where people will realize the FED is actually doing massive damage with its QE programs
Re: 07/29/2013 Live Update
Posted: Mon Jul 29, 2013 11:33 am
by L_T
L_T wrote:L_T wrote:Glad I'm still short from the breakdown bar a while ago (and still falling...)
Out at 168.39. Way below BB and reached my Fib target.
However as Cobra says this bear may have legs.

What a poorly chosen exit. What is that people say about letting winners run?

Re: 07/29/2013 Live Update
Posted: Mon Jul 29, 2013 11:33 am
by Al_Dente
nydec 2100
third time testing the 22 may high 168.18
we may need a bounce near here…………..[guess based only on momentum lifting]
Re: 07/29/2013 Live Update
Posted: Mon Jul 29, 2013 11:35 am
by user13
2 bar reversal but with internals so weak I'm going to pass
Re: 07/29/2013 Live Update
Posted: Mon Jul 29, 2013 11:36 am
by Al_Dente
L_T wrote:L_T wrote:L_T wrote:Glad I'm still short from the breakdown bar a while ago (and still falling...)
Out at 168.39. Way below BB and reached my Fib target.
However as Cobra says this bear may have legs.

What a poorly chosen exit. What is that people say about letting winners run?

nothing wrong with exiting a bit early on a SCALP boss
gl2u

Re: 07/29/2013 Live Update
Posted: Mon Jul 29, 2013 11:51 am
by L_T
I was on vaca last week so maybe everyone has seen this already. SPY is pretty popular around here so this is an informative and quick read.
http://etfdb.com/2013/complete-history-of-spy/ (I saw this at Barry's blog The Big Picture)
Re: 07/29/2013 Live Update
Posted: Mon Jul 29, 2013 11:54 am
by fehro
now is here where we bounce.. and fill the gap? climb for two next days, window month end dressing, yet still forming an overall larger bearish rising wedge?
Re: 07/29/2013 Live Update
Posted: Mon Jul 29, 2013 12:05 pm
by Al_Dente
fehro wrote:now is here where we bounce.. and fill the gap? climb for two next days, window month end dressing, yet still forming an overall larger bearish rising wedge?
boss if we continue this bounce, it would make a beautiful inverse H&S right there on yr 5min
right now it’s still just a flag up to 20ma
I would like to see spy fail near the 20ma or vwap