06/06/2011 Intraday Watering

[cougar]

While AAPL is still green, it is gyrating without any precise target in sight.
Obviously, AAPL time spreads are doing well today.

[cletus]

Well 12 EST was a potential cycle high and we have bounced into that hour so beware of some kind of reverse lower here. The main reason I am doubtful is that we've had 5 moves of consolidation which typically ends the move down, so maybe we dip a little here but overall the trend will move higher.

[BullBear52x]

All I got to say about today's action is that it is too obvious too easy to play if it gonna move up from here, and look at intraday a new HH will give us RSI negative divergence, weak too weak for my taste so short on.....

[KENA]

The NYSE is still dn 36 points the Dow is 11 points.This mkt is not going anywhere unless the NYSE moves up.

[BullBear52x]

here is my usual sell and buy line (Yellow)

[Cobra]

tough call, bigger picture it's merely a bear flag. 5 min chart however, breakout then consolidating above breakout point may mean more on the upside. guess we'll have to wait and see.

[99er]

Commodity Updates

Gold http://99ercharts.blogspot.com/2011/06/gold_06.html
Silver http://99ercharts.blogspot.com/2011/06/silver_06.html
Crude http://99ercharts.blogspot.com/2011/06/crude_06.html

[stockcycle]

For those who want deep water fishing the valuation stocks
http://www.cnanalyst.com/2011/06/top-10 ... 03-20.html

[BullBear52x]

My magic market said 5 min or so will be able to tell if we are going anywhere. bearish bias still per chart not my feeling. waiting for DOW/DIA and Nasdaq/Qs

[cletus]

We are still waiting for DRN 78 to sell our long position since this level was guaranteed by the New York Federal Reserve.

[terranmn]

tough call, bigger picture it's merely a bear flag. 5 min chart however, breakout then consolidating above breakout point may mean more on the upside. guess we'll have to wait and see.

Hi Cobra,

How did you draw the 100% orange measured target bar in stockcharts? Any other programs/websites can easily draw such 100% measured target line or bar?

Many thanks.

[agnosia]

For those who want deep water fishing the valuation stocks
http://www.cnanalyst.com/2011/06/top-10 ... 03-20.html

i thought you were gonna say for those that want the deep web.... which is analogous to the fish buried deep down in the ocean.. in web speak it's stuff that isn't indexed so you can't search for it. It's an amazingly bizarre place if u know where to look

Still holding my 1294 long but i am losing hope..

[BullBear52x]

I see heavy selling starting now.

[Cobra]

tough call, bigger picture it's merely a bear flag. 5 min chart however, breakout then consolidating above breakout point may mean more on the upside. guess we'll have to wait and see.

Hi Cobra,

How did you draw the 100% orange measured target bar in stockcharts? Any other programs/websites can easily draw such 100% measured target line or bar?

Many thanks.

draw the first rect then ctrl click and drag to copy.

[terranmn]

tough call, bigger picture it's merely a bear flag. 5 min chart however, breakout then consolidating above breakout point may mean more on the upside. guess we'll have to wait and see.

Hi Cobra,

How did you draw the 100% orange measured target bar in stockcharts? Any other programs/websites can easily draw such 100% measured target line or bar?

Many thanks.

draw the first rect then ctrl click and drag to copy.

got it, thanks!

[kamukak]

Gone long gbp/usd dow jones aapl bidu. lets see make or break

[BullBear52x]

Line in the sand

[cletus]

Since the last cycle high at 12 EST seemed to work the next is at 2 PM EST, so maybe a bottom there?

[stockcycle]

For those who want deep water fishing the valuation stocks
http://www.cnanalyst.com/2011/06/top-10 ... 03-20.html

i thought you were gonna say for those that want the deep web.... which is analogous to the fish buried deep down in the ocean.. in web speak it's stuff that isn't indexed so you can't search for it. It's an amazingly bizarre place if u know where to look

Still holding my 1294 long but i am losing hope..

Don't lose your hope! It may be the most difficult moment of the day for the rebound players.

[Tabby]

I see heavy selling starting now.

BB52X,
very impressive call. As as you said it, Fas dropping.
FYI, I know about your fas rules. I buy in dip and sell high everyday with 1k share. It is working so far. I like BB indicator in Fas.
Thanks a lot for heads up warning.