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03/27/2013 Live Update

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KeiZai
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Re: 03/27/2013 Live Update

Post by KeiZai »

TraderGirl wrote:SPX...lower high....
Looks good but still it could be just c-wave before another spike u know this cat have so many lives :lol:

viewtopic.php?f=2&t=869&p=124146#p124146

possible that first leg was A yesterday B and now we are in c down...we will see
My satisfaction always came from beating the market, solving the puzzle. The money was the reward, but it was not the main reason I loved the market (Jess Livermore)
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Out of Bounds
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Re: 03/27/2013 Live Update

Post by Out of Bounds »

short - not for a scalp, see how long i can hold.
...
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TumblingDice
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Re: 03/27/2013 Live Update

Post by TumblingDice »

http://finance.yahoo.com/advances

Internals look really bad. When it's around 1:4 advances declines there is usually follow through.
TraderGirl
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Re: 03/27/2013 Live Update

Post by TraderGirl »

That's right b-atches!! we got what looks like a possible impulsive 5 wave structure on TMF... hehe :D :D
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Screen Shot 2013-03-27 at 6.53.56 AM.png
ClarkW
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Re: 03/27/2013 Live Update

Post by ClarkW »

GDX holding up well this morning, outperforming both SLV and GLD as I type this: GDX +0.64% SLV -1.26% GLD +0.18%
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GDX 1 hour.png
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toddymc
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Re: 03/27/2013 Live Update

Post by toddymc »

Don't get too complacent Bears... Scalpers unite!! 8-)
Bot SPY Calls @ 1.3 looking to exit between 9-10 pst am will update to see if we have a fractal from 2/28 area
SPY calls.png
Last edited by toddymc on Wed Mar 27, 2013 10:03 am, edited 2 times in total.
TraderGirl
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Re: 03/27/2013 Live Update

Post by TraderGirl »

KeiZai wrote:
TraderGirl wrote:SPX...lower high....
Looks good but still it could be just c-wave before another spike u know this cat have so many lives :lol:

viewtopic.php?f=2&t=869&p=124146#p124146

possible that first leg was A yesterday B and now we are in c down...we will see
Possibly...but tomorrow I have another turn date, so if we get another lower high... :mrgreen: :mrgreen: :mrgreen:
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KeiZai
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Re: 03/27/2013 Live Update

Post by KeiZai »

TraderGirl wrote:
KeiZai wrote:
TraderGirl wrote:SPX...lower high....
Looks good but still it could be just c-wave before another spike u know this cat have so many lives :lol:

viewtopic.php?f=2&t=869&p=124146#p124146

possible that first leg was A yesterday B and now we are in c down...we will see
Possibly...but tomorrow I have another turn date, so if we get another lower high... :mrgreen: :mrgreen: :mrgreen:
OK today's is playing out very well! yep yep but lower low first would be sweeter :D
My satisfaction always came from beating the market, solving the puzzle. The money was the reward, but it was not the main reason I loved the market (Jess Livermore)
kenttown
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Re: 03/27/2013 Live Update

Post by kenttown »

TraderGirl wrote:EWG busted long term support....
Kind of like a wolf wave forming, no space on chart for target.
Screen Shot 2013-03-27 at 6.49.20 AM.png
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Al_Dente
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Re: 03/27/2013 Live Update

Post by Al_Dente »

End of quarter portfolio rebalancing

Stocks outperformed bonds by about 10+% this quarter, so managed portfolios that are under contract to maintain a fixed percentage in stocks/bonds, must (it is not optional) sell stocks and buy bonds …. through Monday.
“UBS expects US defined benefit funds to do sizable Q1 quarter-end rebalancing - anticipating $29-35 billion of equity outflows and perhaps as much as $15-19 billion of fixed income inflows. “
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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Mr. BachNut
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Re: 03/27/2013 Live Update

Post by Mr. BachNut »

Net long. Carrying longs and shorts.
I put on some shorts at yesterday's close.

My composite trend signal is up.
My summation index signal is neutral. It will go to a sell for the R2K if Monday's low is broken (by a margin or on a closing basis). Other indexes unclear.

Nothing to say today really.
The trading range continues. Sell the highs and buy the lows.
Eventually that will stop. Probably any day now.
Until I get a signal change, I'll try and work hedges on the swings.
The SPX flirted again with all time highs yesterday.
I am not sure the bulls are ready to quit so close to the mountain top, but they may have to rest and wait until April to summit.
ClarkW
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Re: 03/27/2013 Live Update

Post by ClarkW »

Al_Dente wrote:End of quarter portfolio rebalancing

Stocks outperformed bonds by about 10+% this quarter, so managed portfolios that are under contract to maintain a fixed percentage in stocks/bonds, must (it is not optional) sell stocks and buy bonds …. through Monday.
“UBS expects US defined benefit funds to do sizable Q1 quarter-end rebalancing - anticipating $29-35 billion of equity outflows and perhaps as much as $15-19 billion of fixed income inflows. “
Would be interesting to see statistics of how stocks and bonds perform in the last few trading days during extreme quarters (big up and down)
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toddymc
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Re: 03/27/2013 Live Update

Post by toddymc »

VIX for comparison...Possibly EOQ Lunacy :roll: :P ( pun intended)
VIX Chart target.jpg
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Out of Bounds
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Re: 03/27/2013 Live Update

Post by Out of Bounds »

Al_Dente wrote:End of quarter portfolio rebalancing

Stocks outperformed bonds by about 10+% this quarter, so managed portfolios that are under contract to maintain a fixed percentage in stocks/bonds, must (it is not optional) sell stocks and buy bonds …. through Monday.
“UBS expects US defined benefit funds to do sizable Q1 quarter-end rebalancing - anticipating $29-35 billion of equity outflows and perhaps as much as $15-19 billion of fixed income inflows. “
Nicest tidbit find I have seen in a long time. You get "Indiana Jones Award". Watch for Nazis though.
...
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Al_Dente
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Re: 03/27/2013 Live Update

Post by Al_Dente »

GDX 30 min
Bounce
327gdx30.png
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
TraderGirl
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Re: 03/27/2013 Live Update

Post by TraderGirl »

XIV possible count...

Have not yet made a higher high above what could be wave 5....so A down, B up?? EW followers know what this means...
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Screen Shot 2013-03-27 at 7.12.09 AM.png
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gappy
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Re: 03/27/2013 Live Update

Post by gappy »

ClarkW wrote:GDX holding up well this morning, outperforming both SLV and GLD as I type this: GDX +0.64% SLV -1.26% GLD +0.18%
I know. :cry: Junior short is killin me. But the AGQ scalp is more than helpful. GLTY. http://www.youtube.com/watch?v=x6DC-w9U4pk
‘the petrodollar is our currency and our problem’....Gappy
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Al_Dente
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Re: 03/27/2013 Live Update

Post by Al_Dente »

Out of Bounds wrote:
Al_Dente wrote:End of quarter portfolio rebalancing

Stocks outperformed bonds by about 10+% this quarter, so managed portfolios that are under contract to maintain a fixed percentage in stocks/bonds, must (it is not optional) sell stocks and buy bonds …. through Monday.
“UBS expects US defined benefit funds to do sizable Q1 quarter-end rebalancing - anticipating $29-35 billion of equity outflows and perhaps as much as $15-19 billion of fixed income inflows. “
Nicest tidbit find I have seen in a long time. You get "Indiana Jones Award". Watch for Nazis though.
:lol:
“I made a lot of special modifications”
[Han Solo]
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Daniel-David
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Re: 03/27/2013 Live Update

Post by Daniel-David »

Strategic SLV trade stopped out, this AM, with "any reasonable stop". Price ran down to clean out all the stops and then reversed and is currently headed for a gap fill if not done already. People enjoy doing this to other people.
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Al_Dente
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Re: 03/27/2013 Live Update

Post by Al_Dente »

Global banks
Simple overlay
I keep opening this chart up as EuroBanks decline; this is extended to the past 7 months, also added BBVA (blue)
This chart implies that Spain is next
327global banks_png.png
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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