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Re: 06/28/2012 Live Update

Posted: Thu Jun 28, 2012 2:58 pm
by Cobra
target for this rebound. maybe, not sure.

Re: 06/28/2012 Live Update

Posted: Thu Jun 28, 2012 2:59 pm
by MrMiyagi
I'm sure some grubby hands will slam down "El Button" in a few seconds.

Image

Re: 06/28/2012 Live Update

Posted: Thu Jun 28, 2012 3:00 pm
by RZRsharp
3 min and 5 min in TNA / IWM in (upper right and upper left resp.) show bullish uptrend ATM with a green candlestick.

Broad intraday trend (SPY 15 min) still negative though can see current trend readings (lower left pane) in the 40s show consolidation, not trending conditions.

TLT (lower right) painfully flat still, no break yet

Re: 06/28/2012 Live Update

Posted: Thu Jun 28, 2012 3:02 pm
by SWalsh
Possible EW count....I say possible as we need more humans. if this is correct we could see us between 132.10 and 132.60 SPY tomorrow. I want to be short Friday night based on this move today:

Re: 06/28/2012 Live Update

Posted: Thu Jun 28, 2012 3:03 pm
by Cobra
so far so good, on the way to the target. this market feels very reluctant to go down.

Re: 06/28/2012 Live Update

Posted: Thu Jun 28, 2012 3:03 pm
by snakehead
TraderGirl wrote:spx...

The power of the PPT never ceases to amaze me. :roll:

Re: 06/28/2012 Live Update

Posted: Thu Jun 28, 2012 3:05 pm
by louie
Sooooo glad I exited TVIX at 5.93!

Re: 06/28/2012 Live Update

Posted: Thu Jun 28, 2012 3:05 pm
by Cobra
2 legged rebound at least.

Re: 06/28/2012 Live Update

Posted: Thu Jun 28, 2012 3:05 pm
by TraderGirl
SWalsh wrote:Possible EW count....I say possible as we need more humans. if this is correct we could see us between 132.10 and 132.60 SPY tomorrow. I want to be short Friday night based on this move today:
I agree that this could have just been a wave 1 down of C.... :D :D

Re: 06/28/2012 Live Update

Posted: Thu Jun 28, 2012 3:06 pm
by MrMiyagi
Cobra wrote:2 legged rebound at least.
Enough time? It's already POWER HOUR..

Re: 06/28/2012 Live Update

Posted: Thu Jun 28, 2012 3:07 pm
by lilitulip
TraderJoe wrote:
lilitulip wrote:
TraderJoe wrote:
MrMiyagi wrote:
louie wrote:took a pos in tvix (I know, stupid move) yesterday @ 5.50. So many other ways to go. I really need to learn how and where to place my bets. Finger is on the trigger!!!
They broke TVIX a few months ago, stay away. Try TZA instead.
By the way, if you bought at 5.50$, you're up 40 cents.
If you want to buy the vix, watch UVXY, it is a 2x vix.

but vix up 7%, uvxy only up 3%?
$vix is only up 1.48%
i am confused, vix closed at 19.45 yesterday, now is 20.71, isn't it?

Re: 06/28/2012 Live Update

Posted: Thu Jun 28, 2012 3:07 pm
by KeiZai
SWalsh wrote:Possible EW count....I say possible as we need more humans. if this is correct we could see us between 132.10 and 132.60 SPY tomorrow. I want to be short Friday night based on this move today:
same page

Re: 06/28/2012 Live Update

Posted: Thu Jun 28, 2012 3:07 pm
by gappy
original.jpg
Overnight?

Re: 06/28/2012 Live Update

Posted: Thu Jun 28, 2012 3:09 pm
by Petsamo
Did we have a fake sell off today ?

Re: 06/28/2012 Live Update

Posted: Thu Jun 28, 2012 3:10 pm
by KENA
Al_Dente wrote:
KENA wrote:See the blue line at 1308.Must break..Then dn thru the June lows.Mkt breaks that ,then the fun begins.Had a busy day today and yesterday.The stocktrading charts and Dorsey Wright all inproved very,very little.on yesterdays green day..The TA just does not belive the mkt.Out of my long 2 days ago with only 1 point,was looking for 4 but thats trading I guess.Who knows maybe GS may be right.
sc.png
:mrgreen: :mrgreen:
KENA
When u say GS u mean 1285 ?
thx :mrgreen:
That and lower.Goldman came out and said to short the mkt and now I have heard 2 others say we could be heading to 1220.Not to many belive it so maybe it could happen.With July about here and July is not usually a good month so we wait and see..I have one problem, some say we will peak in july and then go dn .So as always we waite and see.

Re: 06/28/2012 Live Update

Posted: Thu Jun 28, 2012 3:11 pm
by Cobra
target met, I see biggest bar, volume surge, so might be a pullback here, then more up.

Re: 06/28/2012 Live Update

Posted: Thu Jun 28, 2012 3:15 pm
by MrMiyagi
377.png

Re: 06/28/2012 Live Update

Posted: Thu Jun 28, 2012 3:20 pm
by louie
RE: Goldman's calls... this is for SWalsh in particular! Old but still valid IMHO.
http://classicalcapital.com/Goldman_Sachs__Dog.html

Re: 06/28/2012 Live Update

Posted: Thu Jun 28, 2012 3:22 pm
by KENA
MrMiyagi wrote:
377.png
When you get those P bars I check my charts and they are usually there.But today I have not not seen any.Mabe TD Ameritrade platform is not the same as TD Waterhouse.

Re: 06/28/2012 Live Update

Posted: Thu Jun 28, 2012 3:23 pm
by MrMiyagi
KENA wrote: When you get those P bars I check my charts and they are usually there.But today I have not not seen any.Mabe TD Ameritrade platform is not the same as TD Waterhouse.
I don't think they are from what I have been told. Do they look the same?