10/26/2012 Live Update

Post by **Cobra** » Fri Oct 26, 2012 3:52 pm

noob wrote:
Cobra wrote:I'm not comfortable with this pullback as it could be 3 Push Up therefore due for 2 legged pullback.
But VIX buy is confirmed today if we close here?

It's confirmed yesterday. I think I mentioned this in the nightly report already.

Post by **Cobra** » Fri Oct 26, 2012 3:54 pm

guys, more votes please. it's weekend and I'm not marginally leading the rank 2 player, thanks: http://stockcharts.com/public/1684859/tenpp

Post by **Cobra** » Fri Oct 26, 2012 3:57 pm

well, guess that's it for today, I think I've made it clear what's to expect next in the members only update, so no blah blah here. Thank you guys, I'll see you TOMORROW. Enjoy your weekend!

Jack12 · Post by **Jack12** » Fri Oct 26, 2012 3:58 pm

Al_Dente wrote:
Jack12 wrote:
Al_Dente wrote:i'm out
THANKS COBRA
THANKS BOARD
good weekend 2 all

Have a good one
PS if you have nothing to do you can always mow my lawn, its more exciting than Mr. M's Dud Hour
jack:
does "Faciamus et nos proelium et succedunt, ubi multi defecerunt" mean "mow my lawn, please" in Latin?

Yes and trim the edges

Jack12 · Post by **Jack12** » Fri Oct 26, 2012 4:00 pm

Out of Bounds wrote:Closed that last short

Noooo dont leave me alone

Post by **Cobra** » Fri Oct 26, 2012 4:00 pm

I don't like this close. rebound is weak and not determined.

Jack12 · Post by **Jack12** » Fri Oct 26, 2012 4:02 pm

TraderGirl wrote:
Jack12 wrote:
TraderGirl wrote:SPX...
Will we hold the IH&S. your opinion please
Pullback as expected...how low?? Monday's chart says open and then go slightly lower before a bounce...

5 waves up usually means more up after pullback...

The question is do we go lower later in the week?? I'll see what updates I have on Sunday...

Thanks Have a good one

MrMiyagi · Post by **MrMiyagi** » Fri Oct 26, 2012 4:02 pm

VIX + SPX red = bullish?

Petsamo · Post by **Petsamo** » Fri Oct 26, 2012 4:03 pm

Jack12 wrote:
Out of Bounds wrote:Closed that last short
Noooo dont leave me alone

Based on the SPY & DAX daily, the downleg is still intact. IWM didn't buy the bull.

Post by **Cobra** » Fri Oct 26, 2012 4:03 pm

MrMiyagi wrote:VIX + SPX red = bullish?

58% chances only.

Hubon · Post by **Hubon** » Fri Oct 26, 2012 4:16 pm

Thanks for the great forum.

thanks for the outstanding reports.

Great come back by the Panda's this afternoon

Have a nice weekend

MrMiyagi · Post by **MrMiyagi** » Fri Oct 26, 2012 4:42 pm

Cobra wrote:
MrMiyagi wrote:VIX + SPX red = bullish?
58% chances only.

Didn't realize there were real stats on this, thanks Cobra, have a good weekend everyone.

TraderGirl · Post by **TraderGirl** » Fri Oct 26, 2012 7:15 pm

indicators showing a big move on Monday, and I just got an updated chart, Monday says down so far into Tuesday, bounce on Weds....either my count is wrong or the chart is wrong...but so far I will trust the chart over my count....

This matches another chart that says we are down beginning on the 29th, and another chart that says we may see a low 29/30th...

Not sure if the low will be the 30th, or Nov 1/2nd...?? will wait for updated chart...

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