11/23/2012 Live Update

wayne0708 · Post by **wayne0708** » Fri Nov 23, 2012 11:06 am

SPX is trying to win over the battle of 1400

Heck · Post by **Heck** » Fri Nov 23, 2012 11:09 am

cheese wrote:Could you please comment a little on AAPL? I shorted some at open, considering to cover...

Nice (profitable) short.

PnF charts flipped and diverge, with AAPL popular PnF Target 695:

http://stockcharts.com/webcgi/Pnf.asp?S=AAPL

and Average True Range (20) Target 298.07:

http://stockcharts.com/webcgi/Pnf.asp?S ... =A&B=1&N=C

Take yer pick.

I prefer the ATR PnF.

wayne0708 · Post by **wayne0708** » Fri Nov 23, 2012 11:09 am

Cobra:
SPX is on target for 5 green days. if indeed 6/7 green days, would you say lower low still? please advise!

Post by **Cobra** » Fri Nov 23, 2012 11:09 am

volume surge, biggest bar, might see a little pullback here, then should be more up.

ClarkW · Post by **ClarkW** » Fri Nov 23, 2012 11:10 am

$SPX Daily: A different trendline

Petsamo · Post by **Petsamo** » Fri Nov 23, 2012 11:14 am

Heck wrote:
Petsamo wrote:We close at noon EST.
NYSE said they close at 1 PM EST today:

http://www.nyx.com/holidays-and-hours/nyse

Darn, I gotta sit around one more hour ?

Petsamo · Post by **Petsamo** » Fri Nov 23, 2012 11:16 am

GDX finally figured out what direction up is

daytradingES · Post by **daytradingES** » Fri Nov 23, 2012 11:23 am

Friday, Nov 23
1215 CT – Early CME Globex close for trade date Friday, Nov 23

1400 ES or 140.6 Spy?

Post by **Cobra** » Fri Nov 23, 2012 11:24 am

very strong, this bull has legs.

Post by **Cobra** » Fri Nov 23, 2012 11:26 am

volume surge, biggest bar, so might see a little pullback or at least consolidation here first.

Heck · Post by **Heck** » Fri Nov 23, 2012 11:29 am

Just bought QQQ Dec puts.
Might be a little early here.

Heck · Post by **Heck** » Fri Nov 23, 2012 11:31 am

OT:

Lincoln packed theaters since opening.
May be movie for the times and year...

ClarkW · Post by **ClarkW** » Fri Nov 23, 2012 11:37 am

Heck wrote:OT:

Lincoln packed theaters since opening.
May be movie for the times and year...

You see the new Lincoln movie? Looks amazing, have to see it soon

victorm · Post by **victorm** » Fri Nov 23, 2012 11:39 am

Heck wrote:OT:

Lincoln packed theaters since opening.
May be movie for the times and year...

No politics here ...

daytradingES · Post by **daytradingES** » Fri Nov 23, 2012 11:40 am

what price are you in GDX at Petsamo?

Post by **Cobra** » Fri Nov 23, 2012 11:42 am

members only update at 10:42 am
http://www.cobrasmarketview.com/2012/11 ... ay-update/

ClarkW · Post by **ClarkW** » Fri Nov 23, 2012 11:44 am

Petsamo wrote:GDX finally figured out what direction up is

You jinxed it Petsamo

Post by **Cobra** » Fri Nov 23, 2012 11:44 am

pullback as expected, should be bought soon. this bull is strong, bears, no fight at least today.

daytradingES · Post by **daytradingES** » Fri Nov 23, 2012 11:46 am

possible top? 1402.25
(140.87 spy)

cheese · Post by **cheese** » Fri Nov 23, 2012 11:49 am

AAPL looks like to shoot at the end

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