06/14/2012 Live Update

[SB73]

look at UNG

[jdow]

Cobra.

Re. your opening comment about the gap being filled.

I presume you've changed your mind now ?

Cheers

Also the gap is filled, why change mind? Did I have a typo? I should check...

gap fills are tradeble for me. Predicting gap up or own much harder. I made money on the QQQ reversal today.

[Mr. T]

Mr. T did you see what TraderGirl said about this weekend???

Nope.

[KENA]

I posted this chart yesterday after hours....RUT is underperforming...this doesn't look bullish....
unless it surpasses the upper channel above B....

But astro's say the dealings over the weekend are not pretty...we'll see....

I don't follow the moon/sun changes for mkt direction but don't discount it either..Do you have any idea of the % correctness of the astro calls.Thanks again .

[TraderGirl]

I posted this chart yesterday after hours....RUT is underperforming...this doesn't look bullish....
unless it surpasses the upper channel above B....

But astro's say the dealings over the weekend are not pretty...we'll see....

I don't follow the moon/sun changes for mkt direction but don't discount it either..Do you have any idea of the % correctness of the astro calls.Thanks again .

Kena, I've been a bad girl, I have not been tracking the performance...

[TraderJoe]

I do not know the % but I do know that TG is often either correct or very close to correct...

[KENA]

OK, everyone is bad sometimes..Thanks

[stucap]

Cobra, how long before consolidation here turns into something bearish....

[KENA]

I do not know the % but I do know that TG is often either correct or very close to correct...

Whats TG..Thanks

[TraderJoe]

TraderGirl

[uempel]

DAY TRADERS
Feeling whipsawed…?
Rorschack shows it might be less painful getting a root-canal.

The attachment 614rorshack.png is no longer available

Right Al_Dente, it's really difficult at the moment.

The only Trade I see today is to long Credit Suisse, but so far I haven't found any intstrument that I like. Eurex futures are illiquid, and I don't do warrants... Chart shows Credit Suiise in CHF, not USD

[rola]

Here comes my country http://www.zerohedge.com/news/slovenia- ... ailout-way

[Petsamo]

Here comes my country http://www.zerohedge.com/news/slovenia- ... ailout-way

New acronym, PIIGSS

[TraderGirl]

Here is a chart of RUT and the New Moon/Full Moon Schedule...

New moons have had small corrections into them, but then spurred a short term rally right after... the next New Moon in on June 19th, next week...I thought we may see a bottom around 20/21st...

But with Full Moons the market has gone down into them...which is what I have been expecting into earlyish July...we'll see if this still plays out....

[uempel]

Waiting for UEMPEL's noon change..Lets see.

Here you are:

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Thanks Uempel..I assume this is bearish..I never thought of this before but I like the Domes etc. and follow them when possible..But these domes are nothing more then circles and ovals like you chart..These may have the same outcome as your charts.What do you think. Thanks

Well, I'm very happy with ellipses. They work like channels but give more info - on the y-axis and the x-axis. As to domes - here a pix of my house!

[Al_Dente]

...Rorschack shows it might be less painful getting a root-canal. ...

The attachment 614rorshack.png is no longer available

Right Al_Dente, it's really difficult at the moment.
The only Trade I see today is to long Credit Suisse, but so far I haven't found any intstrument that I like. Eurex futures are illiquid, and I don't do warrants... Chart shows Credit Suiise in CHF, not USD

The attachment 60.png is no longer available

Old DAILY chart shows spread once again between us $bkx and euzone
CS is WAY down there looking kind of like a grey falling knife….. ouch

[Cobra]

Cobra, how long before consolidation here turns into something bearish....

no answer.

[victorm]

Here is a chart of RUT and the New Moon/Full Moon Schedule...

New moons have had small corrections into them, but then spurred a short term rally right after... the next New Moon in on June 19th, next week...I thought we may see a bottom around 20/21st...

But with Full Moons the market has gone down into them...which is what I have been expecting into earlyish July...we'll see if this still plays out....

Thank you AstroGirl

[Cobra]

Cobra,

Could interpretation of the 2 legged up could be 131.62 to 132.47 then 131.98 to 132.98? I am backing off trading for the week. Have some gains and am struggling with the volatility.

No, I don't read that is 2 legged up. I think this is still the 1st leg up.

[cougar]

To make this a successful beartrap, SPY has to go one more notch above SPY 133!
Then...DO NOT FORGET the futures markup tomorrow morning at opening!
In essence… color blind and shortsighted turkeys (not bears) painting waves down might be up for a surprise…unless they really know more…
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As I said before: the “risk” is on the upside…