06/13/2012 Live Update

[Cobra]

cobra how is the voting going ... you need more ? tells us ...

yes, if you can vote, please: http://stockcharts.com/public/1684859/tenpp. I feel really good sitting on the top. Thank you guys!

[ClarkW]

Short AIG on this move up. Small trade, not a recommendation for others....

Did you just put your stop slightly ahead of the high? Not a bad low risk trade

I did. We'll see how it goes. But agree, feel like low risk of AIG continuing up in the short term, it's pretty extended. But just in case, not risking much

[BullBear52x]

BARON:

To clarify
FOLLOW bub, Al Dente is ***TREND ****FOLLOWER***
I don't give a shite if i miss a point or 2............. i follow...........
Here, I’ll let Bobby explain it to you:
http://www.youtube.com/watch?v=xQmnSUOcZ5Q

Here is DBV, over bought, nice reversal on this last one, the pull back is due the dip (bigger dip) will be bought don't know until then.

[TraderGirl]

If this H&S does not play out, there is potential resistance at this downtrend channel that would limit the upside from here...

[Cobra]

aapl, the rebound so far only confirms my plan: http://stockcharts.com/public/1684859/c ... /260183775;

[grachu]

remember .... we are in the " YES WE CAN...... " market .. so sure do . always every day because YES WE CAN !!!! lol

[Al_Dente]

nyadv 1400 = advancing stocks are wussie
here’s how that looks in red and green (pink circle)
oooooooooooops now nyadv is 1300

[Cobra]

remember, no failure allowed here.

[Al_Dente]

TLT

[Cobra]

target.

[TraderGirl]

spx...??

[snakehead]

TLT

Al: what do you see in TLT (daily) chart: descending triangle? Bullish pennant formation (in fact, bullish pennant followed by another, current, bullish pennant)? Anyhoo, those BB's sure are tightening!!

[MrMiyagi]

Cheaper gas?

[ClarkW]

I have a feelin' GLD isn't going to hold the tl

[TraderGirl]

Cheaper gas?

That would break that support trend line.....

[Al_Dente]

TLT

Al: what do you see in TLT (daily) chart: descending triangle? Bullish pennant formation (in fact, bullish pennant followed by another, current, bullish pennant)? Anyhoo, those BB's sure are tightening!!

hi snake I just scalp using the five minute charts
i think u are on a more sane and sober time frame
I’m just scalping intraday here
When folks are buying TLT 5min, it just tells me they ain’t buying stocks, as u know.
ps when nyadv nydec is <2000 = chop or range day = everything likes to whip around, like TLT now, but u know all that too….. GL
ps respectfully request next avatar "Open the pod bay doors, Hal"

[MrMiyagi]

Cheaper gas?

That would break that support trend line.....

P-bars are above the law!!!!

[champix]

CL didn't reach my 84.34/84.42 target area (high of hte ascending channel/bear flag and pivot point on regular trading hours + electronic hours)
so I closed my long positions... it was just a rebound, once again...nothing more!

[snakehead]

TLT

Al: what do you see in TLT (daily) chart: descending triangle? Bullish pennant formation (in fact, bullish pennant followed by another, current, bullish pennant)? Anyhoo, those BB's sure are tightening!!

hi snake I just scalp using the five minute charts
i think u are on a more sane and sober time frame
I’m just scalping intraday here
When folks are buying TLT 5min, it just tells me they ain’t buying stocks, as u know.
ps when nyadv nydec is <2000 = chop or range day = everything likes to whip around, like TLT now, but u know all that too….. GL
ps respectfully request next avatar "Open the pod bay doors, Hal"

Sure!

I was going to say --- if that is indeed a bullish pennant or flag formation on the daily, then WATCH OUT if that bad boy breaks out to the upside (its GOT to break one way or the other in the next few days) !!! --- All HELL breaking loose ...

[snakehead]

Cheaper gas?

Myagi --- do me a gigantic favor ---- see if you see any P-bars on TLT (particularly to the upside!)