11/20/2013 Live Update

[Al_Dente]

XIV 5min one day only
HALF DOME
now breaking under 20ma

[Cobra]

2nd leg down. must be fed minute.

[quientuves]

Yes, but that consensus is easier now... and they have been pressing...

Ok, is only the theory of a dumb aching bear...

not dumb at all, this is a great forum for exchange of ideas, my PnL would be greatful to see you right

Mine too... and look!!

[fehro]

break down.. or head fake... SPX 15m

[Royal Flush]

CPCE suggests the rally might be over.

CPCE 1120.png

$CPCE can be distorted by hedging, market makers and prop desks, why opening long only ISE ISEE can be more useful if we calculate VIX vs implied premium volatilities to see which side of the trade is undervalued

http://www.ise.com/market-data/isee-index/

In any event, put buying in past peaked at market lows

http://stockcharts.com/freecharts/perf.php?$CPCE,$SPX

Cobra's CPCE indicator has a confirmed top:
http://stockcharts.com/public/1684859/c ... /240122472;

[Cobra]

I actually don't understand why FOMC minute matters, QE will be forever, there's no turning back once on drug.

[fehro]

VIX 15m.. popped up into resistance...

[BullBear52x]

I actually don't understand why FOMC minute matters, QE will be forever, there's no turning back once on drug.

It's new normal, so's business model, if you can't compete take your competitor to court.

[fehro]

should this move stick.... lower lines... SPX 15m

[quientuves]

Fed Taper Likely in ‘Coming Months’, Minutes Show

Reuters.

[Cobra]

2nd target met. this bear might have legs.

[Al_Dente]

[few minutes old]
Nanex notes that gold futures have been halted for 20-seconds following the release of the FOMC minutes.

[MrMiyagi]

So... what did the Fed say?

[joegamma]

horly iwm possible h&s forming with neckline around 10930/40, pointing south toward 107 ish, older (1week?) Pbar 10721

[Al_Dente]

*FOMC SAW `SEVERAL SIGNIFICANT RISKS' REMAINING FOR ECONOMY
•*FED TAPER LIKELY IN COMING MONTHS ON BETTER DATA, MINUTES SHOW
•*FOMC SAW DOWNSIDE RISKS TO ECONOMY, LABOR MARKET `DIMINISHED'
•*FOMC SAW CONSUMER SENTIMENT REMAINING `UNUSUALLY LOW'
•*FOMC SAW RECOVERY IN HOUSING AS HAVING `SLOWED SOMEWHAT'

[fehro]

Fed Taper Likely in ‘Coming Months’, Minutes Show

Reuters.

The market reacts like a spoiled kid.... "pack up your things we are going to go"... we've heard this since Aug 2012... geez... but the big players/HTF's just blowing out stops on both sides...to squeeze out a few more dollars.

[joegamma]

So... what did the Fed say?

they said: Jamie: buy back your shorts when we hit last week's pbars (to fund the "slaponthewrist")

[Cobra]

members only update at 2:35 pm
http://www.cobrasmarketview.com/2013/11 ... ay-update/

[Al_Dente]

Speed-reader and alleged FED mouthpiece, WSJ’s Hilsenrath’s take here:
[click first story; it bypasses the subscription block]
https://www.google.com/search?hl=en&gl= ... rZQ4glgt5U

[Cobra]

2nd test of day low, 50% chances of reversal, so key time.