06/27/2012 Live Update

cli · Post by **cli** » Wed Jun 27, 2012 11:40 am

Cobra wrote:
cli wrote:Hey Cobra, any thoughts on CAT?
not good looking.

thanks, do you think it'll visit the October lows?

KeiZai · Post by **KeiZai** » Wed Jun 27, 2012 11:41 am

euro denominated silver on the bottom of the triangle, usually show the road 4 silver in dollars

and we have squeeze as well EDIT: bad chart (now it´s OK)

gvg · Post by **gvg** » Wed Jun 27, 2012 11:41 am

KeiZai wrote:
gvg wrote:
KeiZai wrote:GM
Natural gas
Seems like a long term bottom is in?
higher highs and higher lows....
exactly

How are you playing? i am in GASL and UPL
Also, anyone, what is the best ETF may be 3X for playing CRB index? thanks

TraderJoe · Post by **TraderJoe** » Wed Jun 27, 2012 11:43 am

gvg wrote:
KeiZai wrote:
gvg wrote:
KeiZai wrote:GM
Natural gas
Seems like a long term bottom is in?
higher highs and higher lows....
exactly
How are you playing? i am in GASL and UPL
Also, anyone, what is the best ETF may be 3X for playing CRB index? thanks

UGAZ is good....

Post by **Cobra** » Wed Jun 27, 2012 11:44 am

key time, bulls must be up and up and up from here otherwise the rebound high might be in or close.

Post by **Cobra** » Wed Jun 27, 2012 11:46 am

target, hopefully.

Richarab · Post by **Richarab** » Wed Jun 27, 2012 11:54 am

I am short again ES
Same I got bought out for
Hoping double top

But probably up and away
Don't feel good
And no ... It's not the Thai food

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TraderGirl · Post by **TraderGirl** » Wed Jun 27, 2012 11:58 am

Al_Dente wrote:
TraderGirl wrote:SPX...??
TG does that suggest we may be done at 5 (top of grey zone) ??
Or at B double top ?

Top of grey zone....we could be done with 5, or we are still tracing out the wave 4 with a little more up to 5, but these look like very small moves....

(B) would label the entire move from (A), then we go down to (C)??

KeiZai · Post by **KeiZai** » Wed Jun 27, 2012 12:00 pm

Richarab wrote:I am short again ES
Same I got bought out for
Hoping double top

But probably up and away
Don't feel good
And no ... It's not the Thai food

---
I am here: http://tapatalk.com/map.php?03r0dx

Richarab better wait for +- 12660 in Dow Jones then go short, maybe we are forming left shoulder JM2C EDIT: right shoulder

PICTURE

Richarab · Post by **Richarab** » Wed Jun 27, 2012 12:07 pm

KeiZai wrote:
Richarab wrote:I am short again ES
Same I got bought out for
Hoping double top

But probably up and away
Don't feel good
And no ... It's not the Thai food

---
I am here: http://tapatalk.com/map.php?03r0dx
Richarab better wait for +- 12660 in Dow Jones then go short, maybe we are forming left shoulder JM2C EDIT: right shoulder

Totally
Have tight stop
Looks like it will bust shortly
Will come back to short
When s and p is 130000

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I am here: http://tapatalk.com/map.php?2alxaj

Mr. BachNut · Post by **Mr. BachNut** » Wed Jun 27, 2012 12:08 pm

There is a volume hole above 1336, a level where a big dump occurred a few days ago.
Hard to see SPX getting above that without a fight.

Petsamo · Post by **Petsamo** » Wed Jun 27, 2012 12:10 pm

Maybe the market is pricing in the defeat of Obamacare tomorrow

TraderGirl · Post by **TraderGirl** » Wed Jun 27, 2012 12:10 pm

still in zone...

ClarkW · Post by **ClarkW** » Wed Jun 27, 2012 12:11 pm

Still long ERX (not a recommendation). This move continues to mirror beginning of June. Appears to be fighting the 50% level right now. Will likely be out by the end of the day.

SWalsh · Post by **SWalsh** » Wed Jun 27, 2012 12:11 pm

$75 million stolen from 60 banks

"What they have done differently from routine attacks is that they have got into the bank servers and constructed software that is automated.

"It can get around some of the mechanisms that alert the banking system to abnormal activity."

http://news.sky.com/story/952931/fraud- ... n-60-banks

Imagine if the HFT programmers get their profits stolen from hackers?

fehro · Post by **fehro** » Wed Jun 27, 2012 12:14 pm

trendlines

TraderGirl · Post by **TraderGirl** » Wed Jun 27, 2012 12:15 pm

SPX...

TraderJoe · Post by **TraderJoe** » Wed Jun 27, 2012 12:16 pm

Nice chart...

OverUnder · Post by **OverUnder** » Wed Jun 27, 2012 12:16 pm

Also Merkel and Hollande PR at 1:15 EST today, maybe hoping for something good from that.

Petsamo wrote:Maybe the market is pricing in the defeat of Obamacare tomorrow

Richarab · Post by **Richarab** » Wed Jun 27, 2012 12:21 pm

fehro wrote:trendlines

uh
Tag?
I'm it

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