10/26/2012 Live Update

[uempel]

I can not judge this. What I can say is that 99 % of PM's have mandates, and their asset allocation has to be fullfilled within that mandate the client is giving them. So they just follow asset allocation rules set up by client

The PM's of Funds I am working with can not have high cash exposure because they are benchmarket followers. If they have too much cash they underperform, so highest cash holdings may be 7 %


There are very view asset managers who have the freedom to allocate by themselve.... Bruno is one of them

If you have the status of a "hedgie" you do not have to comply with any regulations which apply for funds. There are certain rules e.g. a minimum wealth of your clients but besides these very few limitations you can do as you wish...

[Al_Dente]

DR. AL Great chart on GDX last night in member's section. Added to my Al folder!

Thanks, I borrowstole your gold ratio but it’s a tough one
Then I found this on one of my old charts, which I borrowstole from someone off-board last year

[Petsamo]

IWM is close to busting yesterday's low

[ClarkW]

DR. AL Great chart on GDX last night in member's section. Added to my Al folder!

So you have an Al folder Do you also have binders full of women

Ha! No binders full of women for me!

[essessme]

Someone had been mentioned Deckers here a while back. It is now back to channel bottom of long term Log chart. Fish or cut bait time the bulls in this one...

[Al_Dente]

WHERE IS KENA ????
youwhooooooo...........

[BigChief]

USD needs to move higher from retest and oil needs to drop here to help bear case I think

[TraderGirl]

IWM...H&S? Is Miyagi here? any p-bars?

[Petsamo]

IWM...H&S? Is Miyagi here? any p-bars?

SPY has a p-bar pointing to 141.10

[Cobra]

nothing to say, yesterday's low obviously is the target. so key time now as this is the 2nd test so now no failure allowed for bears.

[Jack12]

DR. AL Great chart on GDX last night in member's section. Added to my Al folder!

So you have an Al folder Do you also have binders full of women

Ha! No binders full of women for me!

He keeps them in the cellar. With the wine

[KeiZai]

Very weak market too risky to be long

XIV

[Mr. T]

Did Ben stop printing????

I happened across his Christmas list last night:
"Dear Santa, I've been a good boy this year. I left you some milk and cookies. Please bring me:
1. Obama for another 4 years
2. Some toner for my beloved printer that you brought me
3. A gun to shoot all the those scary bears
4. Hair

[Out of Bounds]

Closed short from yesterday - neutral now

[Denali92]

WHAT a HUGE MOVE UP in the NQ futures since just before AAPL re-opened..... 2604 to 2664....

Now that is EMOTION!

I am always looking for emotion to indicate a real bottom or top..... Witness Friday, Sep 14th....

We are getting in the buy zone - doubt it is right now.... but could be later today or on Monday.... I am not short .... but looking for a spot to buy ...

-D

[Petsamo]

IWM looks like it's setting a bear flag on the 1 minute

[Mr. T]

Where's that P-Bar to 1500 Miyagi????

lol

[rola]

WHAT a HUGE MOVE UP in the NQ futures since just before AAPL re-opened..... 2604 to 2664....

Now that is EMOTION!

I am always looking for emotion to indicate a real bottom or top..... Witness Friday, Sep 14th....

We are getting in the buy zone - doubt it is right now.... but could be later today or on Monday.... I am not short .... but looking for a spot to buy ...

-D

I would call that MANIPULATION , not EMOTION

[Al_Dente]

Renko sso has been at triple bottom all morn
But renko tna just busted the triple bottom [edit: also busted the neckline of a H&S]
Renko doesn’t like Bulkowski: http://thepatternsite.com/tb.html

[Cobra]

resistance.