04/03/2013 Live Update

[TraderGirl]

Al, you still in this? Nice...DUST in parabolic move...

Scalping dust only
In and out, flat at close
Hedging little long gdx, oy
Appreciate u posting that chart
Double top here:

The attachment 43dust_png.png is no longer available

This kind of leg isn't done yet...IMHO...

[Tabby]

Last year if I recall right, the week of tax return was very bullish. Fed had 3x $8B and only one sell on that week. Next week is AA's report and following that on the week of Tax return we have $10-$13 B out $45 B for the month of April is the Fed's spending. I am still hoping we have another top to visit before major pullback, I don't mean correction.

[gappy]

kwk.png

http://www.youtube.com/watch?v=RBJhsQyCLpQ

[toddymc]

Do you find any useful info in the chart of the OPTION rather than the underlying? Just curious.

Sometimes they can give you a different view of support resistance levels vs. the underlying...
depending on indicators you use definitely an alternate view
for example the flipside call chart SPY here:

Just picked up some of these albeit a little early (1.05) Might just scalp in/out today on a bounce

[Cobra]

double bottom so possible rebound target.

[SigmaEcho]

double bottom so possible rebound target.

two legs down

[Al_Dente]

Al, you still in this? Nice...DUST in parabolic move...

Scalping dust only
In and out, flat at close
Hedging little long gdx, oy
Appreciate u posting that chart
Double top here:

The attachment 43dust_png.png is no longer available

This kind of leg isn't done yet...IMHO...

thanks boss
gdx 30 min

[BullBear52x]

/ES, lets see how far this buy will go, a break down I see 1545ish.

[Al_Dente]

SPY is failing
XIV is not… yet

[Cobra]

double bottom so possible rebound target.

two legs down

I have "WE ARE HERE" there, should be clear what I expect.

[BullBear52x]

SPY is failing
XIV is not… yet

this is what I got on XIV for a swing no sell I can see either.

[fehro]

RUT... finding support on the 50 day SMA?... or fill the gap first?

[MrMiyagi]

RUT... finding support on the 50 day SMA?... or fill the gap first?

[jademann]

If Bankers stealing deposits and talk of Nuclear war doesnt bring the market down past the first little support level then bears have got absolutely no hope whatsoever..

Insane bubble here we come brought to you by Economic Morons and Conmen are us (The FED)

[L_T]

Do you find any useful info in the chart of the OPTION rather than the underlying? Just curious.

Sometimes they can give you a different view of support resistance levels vs. the underlying...
depending on indicators you use definitely an alternate view
for example the flipside call chart SPY here:

SPY calls.png

Just picked up some of these albeit a little early (1.05) Might just scalp in/out today on a bounce

Ya just wondering what you thought of this since being a derivative it's an "indicator of an indicator" so to speak. Kind of like a dream within a dream ([Keanu Reeves voice] whoa heavy man).

[Cobra]

double bottom invalid but the rebound still is on. I'll clean the chart after this post.

[gappy]

If Bankers stealing deposits and talk of Nuclear war doesnt bring the market down past the first little support level then bears have got absolutely no hope whatsoever..

Insane bubble here we come brought to you by Economic Morons and Conmen are us (The FED)

[Al_Dente]

SPY is failing
XIV is not… yet

this is what I got on XIV for a swing no sell I can see either.

but boss if u open it up back to at least 2/19/13
I thought u liked double tops (?)

[BullBear52x]

Today all major indices futures are under 5 dma.

[uempel]

Signal in 3 minutes ...