Maybe after a rest.  Energizer had decent earnings and guidance was not bad a well ($7 for 2013 on the high end).   The upper range for ENR might only be $90ish but this definitely could be a name to consider  on dips.

never really liked the stock all that much although I love the business idea, Zip Car, up today on a big earnings beat after the close yesterday.  This stock is down from all time high of $31.50 and the fibs off the recent divergent low seem to match many previous key levels.  Could it be on its way to $12?  There will definitely be many fits and start between now and then but definitely one for the watch list (speculative).

Looks like it has been respecting the 100Day which comes in $140.60 so a nice break and hold of that should continue your pattern nicely!

Last night's Newsletter should now be fine in both the Original and New player.  Sorry for any inconvenience.

Hello everyone,

The BPGDM  Closed yesterday above the 5 day MA which initiated a new long trade and closing of the current short at the price of $51.41.  The GDX is currently quotes slightly lower than that price so you should be able to enter at, around or better than the trigger price today if you didn't see the signal yesterday.  We will be updating the section to reflect the trade this morning.  Thank you.

Here's a dynamic chart URL if you wish to see an update version this evening. 

Also here's a link to the Section on the website for the system:

I will check on that this morning and see if we can fix it.

The system is the system and then you can deviate in any way that suits you and your style best!

No Trade today as we ended up below the lower range!

I'm neither morton or Steve but I personally wouldn't be looking at it long.  Maybe if you have a feel for the stock or like it fundamentally etc. but I would gladly pay higher to have a better technical set-up and very well might get it at lower prices.

11/08/12:

The SPY Swing System will execute a new Long position today at the close if the SPY closes below $139.09 and above $138.59.

This Long trade will represent 100% position for the Single en try system and 40% for those following the Multi En try.  As always please trade as you see fit.  We will send another alertONLY if the trigger price changes.  Otherwise you should consider this alertthe official alert.  As always we will also be answering questions and making comments on the SPY section of the Trading Community.

Thank you, So we have the major Euro news out of the way for the week it seems as well as the US baring the unexpected.

We have Nat Gas numbers at 10:30 am EST and a 30 year bond auction around 1pm EST.  Otherwise Consumer Sentiment tomorrow and that's really it.  Something I missed?

a slightly longer term view to look back although not perfect because of how I had to normalize it and index changes.

Good Morning Traders,

Very lack luster.  Almost looks like the futures chart posted in Matt's Newsletter last night.

The Bank of England held rates steady as expected and I didn't see if they released but the ECB is expected to not make any changes as well.

Surprisingly no strong move in the McClellan after today's action.

I believe the Greek vote can take place anytime between now and tonight EST.  I see it slated as early as 2pm EST but I also remember it not happening until much later than these slated times and again IDK if that's due to protocols or time for discussion etc.

At this point we are currently not in a buy.  If we see the SPY start to retrace again then a long is possible and I will update everyone.

Its possible.  I want to get a better range and need some additional trading to have a price level I can lock in.  I will be reviewing the numbers around noon -1pm EST and if there is an alert then I will advise officially via the regular channels.

the moon chart will mark a bottom instead.  Off the 200day MA?

AAPL definitely has some work to do and seems like it is in "show me" mode where new capital is waiting for a catalyst they just don't have.  No new products and no earnings until Late January.  If AAPL and tech can start to lead again it may not be something we see until very late this year or early next.

FSLR came up on a scan of mine a while back and I think it was due for a bounce but I am not a big solar fan.  Solar ultimately needs demand and I want to see them show they can have consistent sales and have it bleed through to the bottom line.  If I were taking a shot long here or on the breakout, I would be using the major MA's as support.