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11/29/2012 Live Update
Posted: Thu Nov 29, 2012 10:03 am
by Cobra
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Gap up above yesterday's high so the gap might not be filled.
The current 2nd leg up on Global ES still looks fresh and strong therefore this bull has legs. I believe it may challenge the previous high at 1430ish.
Re: 11/29/2012 Live Update
Posted: Thu Nov 29, 2012 10:07 am
by Cobra
Re: 11/29/2012 Live Update
Posted: Thu Nov 29, 2012 10:21 am
by Claudio.dicorato
Hi cobra, you see a possible open to blue line and then up?
Re: 11/29/2012 Live Update
Posted: Thu Nov 29, 2012 10:29 am
by gappy
Claudio.dicorato wrote:Hi cobra, you see a possible open to blue line and then up?
Welcome Claudio. As Cobra indicated, market will open 1414 and rise. Check that: 1412. Good luck.
Re: 11/29/2012 Live Update
Posted: Thu Nov 29, 2012 10:30 am
by TradersF
Hi!
Following on from yesterday. Yes i was stopped out and took the loss. My signal late in the day turn up to give a buy signal ( long TNA @ 55,53 ).
As you can see on the chart it was right up at resistance. I trade with my head,' my signal i follow,' and TNA broke up and out and is set to open @ 57.70ish.
Lessen from yesterday, take hits as they come as no trading strategy is perfect, and follow your trading rules.
Good luck today to all
Re: 11/29/2012 Live Update
Posted: Thu Nov 29, 2012 10:30 am
by Cobra
Claudio.dicorato wrote:Hi cobra, you see a possible open to blue line and then up?
Welcome aboard!
Futures decide how SPY opens, so it's already opened above the blue line.
Re: 11/29/2012 Live Update
Posted: Thu Nov 29, 2012 10:31 am
by Cobra
the open.
Re: 11/29/2012 Live Update
Posted: Thu Nov 29, 2012 10:36 am
by Al_Dente
Nyadv >2100 right out of the gate
Re: 11/29/2012 Live Update
Posted: Thu Nov 29, 2012 10:44 am
by Al_Dente
That is an all time high on XIV
Re: 11/29/2012 Live Update
Posted: Thu Nov 29, 2012 10:48 am
by Harapa
Al_Dente wrote:That is an all time high on XIV
This bull has legs

Re: 11/29/2012 Live Update
Posted: Thu Nov 29, 2012 10:49 am
by Cobra
Re: 11/29/2012 Live Update
Posted: Thu Nov 29, 2012 10:51 am
by Xian
Good morning Cobra,
any TA reason for the big gap in AAPL this morning? I understand the reason behind "buy above $592" (been waiting for it to clear this hurdle— though with OI on the weeklies don't know if it'll hold). But why the big gap?
Don't see any AAPL specific news: iTunes 11? Pulll-ease. People dancing on Forstall's grave? no. That piece in WSJ? Doubt it. So I'm looking at something I may be missing in TA.
Unloading most all my overnight naked calls this am. (leave a small runner with a 590 stop) Shoot first, make money, ask questions later. (Downside means that for sure, no doubt about it, guaranteed gap 'n go today)
Thanks in advance for any insight. (Should I be asking this in member's area?)
Re: 11/29/2012 Live Update
Posted: Thu Nov 29, 2012 10:52 am
by Mr. T
"We;re never going down again!!!!!!"
Miyagi's P-Bar to SPX 1600 should show up today (i wish).
Re: 11/29/2012 Live Update
Posted: Thu Nov 29, 2012 10:53 am
by uempel
A good-bye kiss is a possibility

Re: 11/29/2012 Live Update
Posted: Thu Nov 29, 2012 11:02 am
by gappy
drunk.jpg
Mr. T wrote:"We;re never going down again!!!!!!"
Miyagi's P-Bar to SPX 1600 should show up today (i wish).
Re: 11/29/2012 Live Update
Posted: Thu Nov 29, 2012 11:02 am
by Harapa
uempel wrote:A good-bye kiss is a possibility

ii.png
VIXies don't think so.
Re: 11/29/2012 Live Update
Posted: Thu Nov 29, 2012 11:04 am
by Al_Dente
Harapa wrote:Al_Dente wrote:That is an all time high on XIV
This bull has legs

XIV is only 2 years old
WEEKLY
Re: 11/29/2012 Live Update
Posted: Thu Nov 29, 2012 11:06 am
by Cobra
nothing to say. consolidation here instead of a pullback is not bad for bulls.
Re: 11/29/2012 Live Update
Posted: Thu Nov 29, 2012 11:08 am
by TraderGirl
Been long, waiting for a pullback to add , but yesterday must have been it, and I missed the boat...but thinking of taking some profits here because I can't deny the negative divergences I am seeing on this move up and tomorrow is a turn day with negative aspects, so we will see...
Re: 11/29/2012 Live Update
Posted: Thu Nov 29, 2012 11:09 am
by Xian
Well, that's that. Stopped out.