05/16/2013 Live Update

[Xian]

I know I haven't been around much lately, but where is Al— 2 hrs in and no posts from the pasta?

Also, I noticed no BP posts from Umepel in last night's trading signals.

Did I miss something? Or was it just a late night at Toto?

Dr. Rigatoni here lurking

Cool. Need my daily pasta intake.

[Out of Bounds]

That pic is only about 20 miles out of Miami. It gets better

Range day so I'm bored.

How is "traffic" when you are out that far? Are there many other people doing what you are doing or are you all alone and loving it?

A bit of both. On weekends, there are places that are one huge party and that can be fun. But you can still find secluded spots with great views. On weekdays, the really popular places will only have a couple of other boats around - if that.

[Cobra]

No update, I'm neutral. wait.

[Al_Dente]

I know I haven't been around much lately, but where is Al— 2 hrs in and no posts from the pasta?
Also, I noticed no BP posts from Umepel in last night's trading signals.
Did I miss something? Or was it just a late night at Toto?

Dr. Rigatoni here lurking

Cool. Need my daily pasta intake.

Where u been?
Uempel had too much champagne last nite at Toto, his chauffer had to roll him into his limo...
Internals (range day = anything can and will happen):

[Kato]

Is the Silver/Gold ratio pointing to another deflationary wave?

The last time the Silver/Gold ratio broke its upsloping support trend line was in August of 2007. Following that break the SPX rallied to a major top in October. The number of calendar days from that trend line break to the major top was 55.

This time the Silver/Gold ratio upsloping support trend line was broken in March of this year. Since that break the SPX has rallied to the current top at 1661. The number of days since the trend line break?? You guessed it - 55. Ever interesting.

[jarbo456]

fat finger on MRK?

anyone else see that?

[MrMiyagi]

1078.png (10.7 KiB) Viewed 4420 times

[Unique]

fat finger on MRK?

anyone else see that?

Don't see it on time and sales.

[Cobra]

my guess.

[Out of Bounds]

fat finger on MRK?

anyone else see that?

Don't see it on time and sales.

I see it 11:15 right? Big increase in volume also.

[jarbo456]

fat finger on MRK?

anyone else see that?

Don't see it on time and sales.

I see it 11:15 right? Big increase in volume also.

Yup. It's a bloody good thing I'm not trading MRK with a stop loss...fuckers.

[MrMiyagi]

fat finger on MRK?

anyone else see that?

Looks like it was a stock replacement trade; sold shares, bought July 47 calls. The pBar to 45.01$ is just that, a pBar, probably set of by a HFT bot due to the large trade block.

[Cobra]

we're here.

[Cobra]

lunch time, will be back. rebound so far weak, but I'd give bulls a little more time.

[Al_Dente]

what?
a lower low
paging Mr. T

[fehro]

SPX 15m... triangle...

[Cobra]

possible double bottom. rebound not over yet.

[Al_Dente]

For the first time since… whenever… bonds are cooperating with bear-spy
But TLT is double/triple topping here….

[Al_Dente]

TLT 15min heiken

[Cobra]

target on both side. wait.