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03/01/2013 Live Update

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Out of Bounds
Posts: 5623
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Location: Miami

Re: 03/01/2013 Live Update

Post by Out of Bounds »

KeiZai wrote:
Out of Bounds wrote:
KeiZai wrote:
Out of Bounds wrote:
KeiZai wrote:Hello there I am taking some profit here

viewtopic.php?f=2&t=839&p=120260#p120260
ES-1.png

Have a good weekend everyone
Too early. This ain't over.
Capture1.JPG
Yes it's possible, just in case I booked some profit have a really big headache and my head hurts when I look at the computer screen :evil: So don't want to trade today and looks like I am going to miss a very enjoying day :cry:
UGH. I feel for you. Hope the weekend lets you recoup.
Thanks OB, it's my fault :roll: (hangover)
Bloody Mary and a cheeseburger with a fried egg. You'll be as good as new.
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skittlesmds
Posts: 592
Joined: Thu Aug 30, 2012 3:58 pm

Re: 03/01/2013 Live Update

Post by skittlesmds »

Anyone have any thoughts about the currency situation today? Seems a little wild.
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Cobra
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Re: 03/01/2013 Live Update

Post by Cobra »

pullback indeed. my wild-est-est-est guess for fun.
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Out of Bounds
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Re: 03/01/2013 Live Update

Post by Out of Bounds »

I thought the exact opposite was true. :shock:
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kenttown
Posts: 211
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Re: 03/01/2013 Live Update

Post by kenttown »

Watch how they turn this market green today. They don't want people to worry about how bad things really are over the weekend.
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Al_Dente
Posts: 28535
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Re: 03/01/2013 Live Update

Post by Al_Dente »

L_T wrote: If 151.09 holds then this bull has legs?......
Not sure that number boss
I’m looking at it the other way
As long as flags fail at 20ma,vwap, 50ma, the bear is alive
But needs a lower low NOT A HIGHER LOW here please
5min scalp intraday traders only
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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skittlesmds
Posts: 592
Joined: Thu Aug 30, 2012 3:58 pm

Re: 03/01/2013 Live Update

Post by skittlesmds »

kenttown wrote:Watch how they turn this market green today. They don't want people to worry about how bad things really are over the weekend.
I agree with you. Fed is working hard (85 billion a month) to prop things up.
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flrtrader
Posts: 477
Joined: Thu Aug 25, 2011 1:58 pm

Re: 03/01/2013 Live Update

Post by flrtrader »

GS Now Green, Not a good sign for US bears!!!
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L_T
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Re: 03/01/2013 Live Update

Post by L_T »

Al_Dente wrote:
L_T wrote: If 151.09 holds then this bull has legs?......
Not sure that number boss
I’m looking at it the other way
As long as flags fail at 20ma,vwap, 50ma, the bear is alive
But needs a lower low NOT A HIGHER LOW here please
5min scalp intraday traders only
New higher high......

Now at yesterday's close (gap fill).
Last edited by L_T on Fri Mar 01, 2013 11:33 am, edited 1 time in total.
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Mr. BachNut
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Re: 03/01/2013 Live Update

Post by Mr. BachNut »

Market Neutral.
Happy not to be in the crossfire here.

My composite trend indicator signal is down.
My summation index signal went mixed yesterday. The SPX component went up but the Nasdaq and R2K components remain down.
Needs the SPX to break yesterday's high or the other components to turn to trigger action.

Today's action may be important for me.
As Cobra noted in his outlook last night, Bears did a lot of price damage quickly signaling potential trend change per his N vs. N rule.
I see the same thing in my composite trend indicator where the internals got hit hard in the decline and only rebounded a little in the price recovery.
The recovery needs to continue for the bulls to repair technical damage. If today is a down day, the internals could get worse essentially confirming a downtrend.
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TraderGirl
Posts: 5031
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Re: 03/01/2013 Live Update

Post by TraderGirl »

TraderGirl wrote:Al, what do internals look like today...this bounce looks like it has legs....
Bounce had legs boys.... :D :D
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Out of Bounds
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Re: 03/01/2013 Live Update

Post by Out of Bounds »

This just made me even more bearish. Close that gap. Bulls just used their dry powder to get back to where they were. That was a whole lot of buying there.
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skittlesmds
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Re: 03/01/2013 Live Update

Post by skittlesmds »

TraderGirl wrote:
TraderGirl wrote:Al, what do internals look like today...this bounce looks like it has legs....
Bounce had legs boys.... :D :D
TraderGirl,

I agree with the comments that you made the other day about being hard to trade this due to the strong swings.
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Al_Dente
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Re: 03/01/2013 Live Update

Post by Al_Dente »

TraderGirl wrote:
TraderGirl wrote:Al, what do internals look like today...this bounce looks like it has legs....
Bounce had legs boys.... :D :D
Oh say let’s fill a gap shall we (but XIV didn’t fill gap yet)
Dang it’s all the bears fault…..wussies :arrow: :geek:
test 50ma 5min then we'll see
i better just shut up and follow snake
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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TraderGirl
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Re: 03/01/2013 Live Update

Post by TraderGirl »

skittlesmds wrote:
TraderGirl wrote:
TraderGirl wrote:Al, what do internals look like today...this bounce looks like it has legs....
Bounce had legs boys.... :D :D
TraderGirl,

I agree with the comments that you made the other day about being hard to trade this due to the strong swings.
Strong swings because of Mercury retrograde...but they are good for making money...if you are on the right side of the trade...but even if not, the market can reverse course to put you back in the money....
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Al_Dente
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Re: 03/01/2013 Live Update

Post by Al_Dente »

L_T wrote: New higher high......Now at yesterday's close (gap fill).
thx boss :D
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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skittlesmds
Posts: 592
Joined: Thu Aug 30, 2012 3:58 pm

Re: 03/01/2013 Live Update

Post by skittlesmds »

TraderGirl wrote:
skittlesmds wrote:
TraderGirl wrote:
TraderGirl wrote:Al, what do internals look like today...this bounce looks like it has legs....
Bounce had legs boys.... :D :D
TraderGirl,

I agree with the comments that you made the other day about being hard to trade this due to the strong swings.
Strong swings because of Mercury retrograde...but they are good for making money...if you are on the right side of the trade...but even if not, the market can reverse course to put you back in the money....
I guess I'm on the wrong side; hopefully, we will swing back down so I can get out! :lol: :lol:
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Al_Dente
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Re: 03/01/2013 Live Update

Post by Al_Dente »

aapl
(just sayin')
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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skittlesmds
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Re: 03/01/2013 Live Update

Post by skittlesmds »

Up Up UP and away!
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jarbo456
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Re: 03/01/2013 Live Update

Post by jarbo456 »

Vaamsy wrote:SLV double bottom and clear positive divergence. Ready to take off?
Not super confident, but took a low risk trade in SLV here.

1448 shares of SLV at 27.60 with a stop at 27.30

Break of 2/20 low of 27.35 should open the window to something lower.
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