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by StrikePrice
Mon Apr 04, 2011 2:35 pm
Forum: Traders Lounge
Topic: 04/04/2011 Intraday Watering
Replies: 106
Views: 68298

Re: 04/04/2011 Intraday Watering

FYI...I've been studying DeMark Indicators...not sure if anyone uses or cares but... SPY - TD SEQUENTIAL TD SELL SETUP completed 3/31/2011. TD SELL COUNTDOWN is in progress with today being BAR 2 of 13 if CLOSE >= HIGH 2 days earlier. (132.96) - Only count bars that match the above criteria. - Cance...
by StrikePrice
Fri Apr 01, 2011 3:32 pm
Forum: Traders Lounge
Topic: 04/01/2011 Intraday Watering
Replies: 247
Views: 142245

Re: 04/01/2011 Intraday Watering

I'm a trapped short so take my post with a grain of salt. :) Looking at this chart, it's hard to imagine being a buyer at these levels. Especially considering the glaring resemblance to Feb 18th. http://img215.imageshack.us/img215/8491/tnaw.png You could also say today looks like December 7, 2010. ...
by StrikePrice
Fri Apr 01, 2011 2:19 pm
Forum: Traders Lounge
Topic: 04/01/2011 Intraday Watering
Replies: 247
Views: 142245

Re: 04/01/2011 Intraday Watering

uempel wrote:

Uempel writes: Growth cycles point to Emerging Markets...
FXI INP and EWZ all look to be gaining in strength to me. No?
by StrikePrice
Fri Apr 01, 2011 1:59 pm
Forum: Traders Lounge
Topic: 04/01/2011 Intraday Watering
Replies: 247
Views: 142245

Re: 04/01/2011 Intraday Watering

Some food to think about.. The jobs report was good but the whole job/labor pool too much debt + low comsumers = no good not bennefit in the long run, high debt payments and homeless in the street. who will buy anything with no jobs. How much debt does aapl have? How many billions have they made? H...
by StrikePrice
Fri Apr 01, 2011 12:48 pm
Forum: Traders Lounge
Topic: 04/01/2011 Intraday Watering
Replies: 247
Views: 142245

Re: 04/01/2011 Intraday Watering

Does the weakness in SMH mean anything going forward? Seems to be the only sector not participating today? Also, I'm new to EWT but does anyone else think this is the completion of a wave 5 starting from 3/16? Fib levels seems to match up pretty well from 1249 to 1338. Thanks to everyone for great c...
by StrikePrice
Fri Apr 01, 2011 9:50 am
Forum: Traders Lounge
Topic: 04/01/2011 Intraday Watering
Replies: 247
Views: 142245

Re: 04/01/2011 Intraday Watering

QQQ gap getting filled fast!
by StrikePrice
Thu Mar 31, 2011 3:36 pm
Forum: Traders Lounge
Topic: 03/31/2011 Intraday Watering
Replies: 145
Views: 67427

Re: 03/31/2011 Intraday Watering

Am I crazy to think I should hold my short position overnight? (Currently sitting +0.02%) What are the odds tomorrow is a large gap up and run? What is everyone thinking at this point? Let's say, why tomorrow gap up huge? The unemployment rate drops below 8%? Well, good news, so gap up huge, but wa...
by StrikePrice
Thu Mar 31, 2011 3:24 pm
Forum: Traders Lounge
Topic: 03/31/2011 Intraday Watering
Replies: 145
Views: 67427

Re: 03/31/2011 Intraday Watering

Am I crazy to think I should hold my short position overnight? (Currently sitting +0.02%)

What are the odds tomorrow is a large gap up and run?

What is everyone thinking at this point?
by StrikePrice
Thu Mar 31, 2011 11:15 am
Forum: Traders Lounge
Topic: 03/31/2011 Intraday Watering
Replies: 145
Views: 67427

Re: 03/31/2011 Intraday Watering

I think we could go nowhere today...market will wait to break one way or the other on jobs report. Already looks to be playing out that way.

What you say?
by StrikePrice
Wed Mar 30, 2011 1:40 pm
Forum: Traders Lounge
Topic: 03/30/2011 Intraday Watering
Replies: 167
Views: 83365

Re: 03/30/2011 Intraday Watering

Hi,

My first post...

Rinse and repeat?

1332 pivot holds?