08/20/2012 Live Update

[Cobra]

at least another leg up.

[joe-gamma]

stock charts very slow, so my update will be slow too. now rebound to Fib 61.8 so it's bear's last chances. I've already given up any hopes on bears though.

maybe its the temperature?

[Cobra]

volume surge, overshot, so hopefully a pullback of some kind here. then usually should be another leg up.

[BullBear52x]

Ding ding ding

[Cobra]

pullback as expected, I don't know how far this pullback could go but normally it would be bought. if bulls can simply consolidate here then it's even more bullish.

[BullBear52x]

Here something for the stressfree crew.

[BullBear52x]

Bear flag all over the places, but from the look of the internals, I think bulls still mean business. lets see

[joe-gamma]

wise DR AL: nice breakout in slvr....whom is manipulating what? will the CME allow vintage coins as margin soon?

and the rusls priced in slvr, could point to a lil downside in the overall market? or looks like Mr Rogers can buy more slv as ingots move up in price?

[btran874]

1409 coming later today?

[Al_Dente]

I think QQQ fell about .10 cents shy of its march high……….will it try again?

[Al_Dente]

wise DR AL: nice breakout in slvr....whom is manipulating what? will the CME allow vintage coins as margin soon?

slv-pf-820.png

and the rusls priced in slvr, could point to a lil downside in the overall market? or looks like Mr Rogers can buy more slv as ingots move up in price?

slv iwm820pf.png

Hi joe joe, thx 4 yr charts
I still get nervous when u call me “wise”
Why not call me ALfredo or ALbondigas…. just DO NOT call me “noodles.” I’m very sensitive about that. .........
[edit: I don't understand the rationale behind pricing russell in silver......could u elaborate? thx]

[Cobra]

here comes the 3rd leg up. lunch time, will be back.

[Al_Dente]

Here something for the stressfree crew.

my new fave

[MrMiyagi]

Not sure what button to pull out for today...

[BenAndLloyd]

Miyagi,
Pull out the button that says "PANIC"

[Al_Dente]

What?
U.S. Banks have been buying longer treasurys? And they are “lending at below pre-recession level.”
http://www.bloomberg.com/news/2012-08-2 ... hases.html

We know Ben has been buying longer treasurys (“Twist”), and the ICI says money has been flowing into, buying, bond funds.
SO WHO HAS BEEN SELLING ALL THE LONG TREASURYS IN THE PAST TWO+ WEEKS?
Clearly they have been buying stocks with the proceeds…. will that continue... or not?

[MrMiyagi]

Miyagi,
Pull out the button that says "PANIC"

That one is built-in!

[Al_Dente]

Miyagi,
Pull out the button that says "PANIC"

That one is built-in!

PERFECT

[BlackThought]

will this strong trendline hold..

[Petsamo]

Anyone familiar with AMD ?