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04/09/2013 Live Update

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MrMiyagi
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Post by MrMiyagi »

Image
gasprice
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Re: 04/09/2013 Live Update

Post by gasprice »

TOP or BOTTOM? (sentiment at 2003 bear market LOW levels)
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BullBear52x
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Re: 04/09/2013 Live Update

Post by BullBear52x »

Today Fib extensions gets over stretch :lol: got to have faith.
My comments are for entertainment/educational purpose only. NOT a trade advice.
johnnywa
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Re: 04/09/2013 Live Update

Post by johnnywa »

uempel wrote:Cobra, let's see if he ellipses can hold back SPX :o
77.png
If it holds ,do your charts have pullback target???
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BullBear52x
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Re: 04/09/2013 Live Update

Post by BullBear52x »

gasprice wrote:TOP or BOTTOM? (sentiment at 2003 bear market LOW levels)
Ha ha take the best out of it while you can. what if someone see it like this?
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TWT
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Re: 04/09/2013 Live Update

Post by TWT »

$VIX: So long to the bearish flag
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Al_Dente
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Re: 04/09/2013 Live Update

Post by Al_Dente »

Everyone on the net is debating whether to buy or not buy the BOJ stimulus
As long as it holds the breakout gap…. It’s a long……
49ewj_png.png
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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Cobra
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Re: 04/09/2013 Live Update

Post by Cobra »

testing the previous high, key time. I won't hope much for bears though. may pullback or consolidate here but this bull has legs.
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THAT GUY
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Re: 04/09/2013 Live Update

Post by THAT GUY »

so much for "boring day"! :geek:
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Richarab
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Re: 04/09/2013 Live Update

Post by Richarab »

Exactly - not boring
This is the great battle today!
Waged on the streets of wall!
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TWT
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Re: 04/09/2013 Live Update

Post by TWT »

$SPX: If correct the ED option will be more complex
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Cobra
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Re: 04/09/2013 Live Update

Post by Cobra »


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MrMiyagi
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Post by MrMiyagi »

Image

Massive short covering. Stock halted.
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stlwater
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Re: 04/09/2013 Live Update

Post by stlwater »

They way I'm looking at this is... Technically, we are overbought here at massive psychological resistance which I think WILL be destroyed by bulls.. The question is, now or later? If now, this is a mighty tight Handle of the cup.. I want to see that take a few months and be a lot larger than this.. This doesn't feel right and if we do take off.. the correction from whatever high we do reach will be sickening and will be lurking around every corner. I don't think it will be something you'll be able to prepare for unless you're constantly hedged. If we correct now.. a nice spring correction, then we'll have a much safer climb into new territory.

As someone posted yesterday, we've seen gains this year that exceed the average gains for the entire 12 months already is this sustainable on an economy running on fumes and inflated dollars?

So the question is, what do the market makers want to see? A set-up for a massive crash (currency bubbles) because we all know how much money there is to be made in crashes when you know they're coming.. or do they keep retail around.. sucking their blood every once in a while rather than killing them for good.

Because if this thing rallies hard from here on into the summer the correction will likely be a crash and retail will never come back. Just my two cents. Of course the scorched earth policy maybe just what the plan is anyway. Destroy the economy once and for all, God help us.

No, I'm not a perma-bear but this market is full of funny money and we all know it. Just a matter of time before the music stops and how few of us will find a door to exit through? Wouldn't surprise me if they lock the doors.
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Richarab
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Re: 04/09/2013 Live Update

Post by Richarab »

stlwater wrote:They way I'm looking at this is... Technically, we are overbought here at massive psychological resistance which I think WILL be destroyed by bulls.. The question is, now or later? If now, this is a mighty tight Handle of the cup.. I want to see that take a few months and be a lot larger than this.. This doesn't feel right and if we do take off.. the correction from whatever high we do reach will be sickening and will be lurking around every corner. I don't think it will be something you'll be able to prepare for unless you're constantly hedged. If we correct now.. a nice spring correction, then we'll have a much safer climb into new territory.

As someone posted yesterday, we've seen gains this year that exceed the average gains for the entire 12 months already is this sustainable on an economy running on fumes and inflated dollars?

So the question is, what do the market makers want to see? A set-up for a massive crash (currency bubbles) because we all know how much money there is to be made in crashes when you know they're coming.. or do they keep retail around.. sucking their blood every once in a while rather than killing them for good.

Because if this thing rallies hard from here on into the summer the correction will likely be a crash and retail will never come back. Just my two cents. Of course the scorched earth policy maybe just what the plan is anyway. Destroy the economy once and for all, God help us.

No, I'm not a perma-bear but this market is full of funny money and we all know it. Just a matter of time before the music stops and how few of us will find a door to exit through? Wouldn't surprise me if they lock the doors.
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uempel
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Re: 04/09/2013 Live Update

Post by uempel »

I'm off, I'll look in before the close :ugeek: :ugeek: :ugeek:
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toddymc
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Re:

Post by toddymc »

MrMiyagi wrote:Image

Massive short covering. Stock halted.
How bout a quick 50X your money in an Hour... Low was .10!!
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KeiZai
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Re: 04/09/2013 Live Update

Post by KeiZai »

gasprice wrote:The Dow just made a new all time high.

I'm panicked in my SPY call leaps which are up nicely as the buy the dip strategy works perpetually so far in 2013 (no trading losses). But, what to do?

WAS THAT THE TOP?????
Hahaa go buy the dip mate :lol: I just made the opposite : viewtopic.php?f=2&t=879&p=125650#p125650


sorry no GL to u :mrgreen:
My satisfaction always came from beating the market, solving the puzzle. The money was the reward, but it was not the main reason I loved the market (Jess Livermore)
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Unique
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Re: Re:

Post by Unique »

toddymc wrote:
MrMiyagi wrote:Image

Massive short covering. Stock halted.
How bout a quick 50X your money in an Hour... Low was .10!!
Faded the Greedy traders and profited before the HALT, I'm one lucky bastard today

Fastest 800 bucks in awhile for stock...(futures don't count)

Candlestick method really does work well for day trading... :mrgreen:
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Major
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Re:

Post by Major »

MrMiyagi wrote:Image

Massive short covering. Stock halted.
From Seeking Alpha - Market Currents

1:41 PM First Solar (FSLR +23.8%) guides on its analyst day for 2013 revenue of $3.8B-$4B and EPS of $4-$4.50, far above a consensus of $3.15B and $3.46. Shares have spiked higher on the news, and were shortly halted due to volatility.

Update (1:56): First Solar shares are now up 48.2%, and have been halted again.
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