04/20/2011 Intraday Watering

[99er]

KENA: "Thanks for the info"

You're welcome. Doing your own charts will allow you to see through all the bullshit out there. It may prove to be the best investment (in time) that you've ever made.

No BS.

[Cobra]

Why do you say "I don't mean today"? Was it because your system in "sell" model?
BTW, I find when I am trading against you, I normally lost.

corba~ do you think there is another higher high later?

usually the very first pullback is buy. I don't mean today. I mean the rally isn't over yet.

today I'm not sure if we'll see a later rebound (may or may not). but in the following days, I think we'll see more rebound. A push up like this simply won't fade right away, so my guess is longs are pretty safe here.

[lostlamb98]

I see...thanks.
[/quote]

today I'm not sure if we'll see a later rebound (may or may not). but in the following days, I think we'll see more rebound. A push up like this simply won't fade right away, so my guess is longs are pretty safe here.[/quote]

[Thunder]

http://1.bp.blogspot.com/-0ZHXCg3ZN64/T ... ril+20.png

[BullBear52x]

Heads up short term traders, MACD is now crossed on ES hourly.

[bbc]

The Phantom bar spike mistery solved!!!! SOLVED!!! last 20 trading days all traded to the peak of the spikes interesting if not solve.

nice picture:)

[Cobra]

well, i sure hope the AAPL ER better be good, no, best, as everyone on this planet knows it cannot be bad, not a chance.

[BullBear52x]

well, i sure hope the AAPL ER better be good, no, best, as everyone on this planet knows it cannot be bad, not a chance.

Captain obvious head and shoulder ha? that's why it failed to break down right away.

[PLUNGE]

well, i sure hope the AAPL ER better be good, no, best, as everyone on this planet knows it cannot be bad, not a chance.

Cobra, Earnings whispers (http://www.earningswhispers.com/stocks.asp?symbol=AAPL) show whisper number at $6.37, while consensus is $5.35. If correct, this will drive the $NDX up hard tomorrow.

[Cobra]

well, i sure hope the AAPL ER better be good, no, best, as everyone on this planet knows it cannot be bad, not a chance.

Cobra, Earnings whispers (http://www.earningswhispers.com/stocks.asp?symbol=AAPL) show whisper number at $6.37, while consensus is $5.35. If correct, this will drive the $NDX up hard tomorrow.

I really doubt NDX would should up high tomorrow. we'll see.

[Cobra]

here's why I doubt if QQQ'd skyrocket high tomorrow: gravity. the only indicator that always works is when the price is too far away from its moving average. you think we have another 1% gap up tomorrow? Well, certainly some imaginations are needed here. I don't mean it's impossible but, well...

[AK84]

Cobra,

What do u make of the charts of CMG and PCLN....? CMG reports after the bell today

[JustTrading]

Cobra,
Not only have I enjoyed your posting, I think they have benefitted my trading tremendously. What you are doing by offering this free forum is very unselfish and I admire you for that. Thanks and best regards.

[Cobra]

Cobra,

What do u make of the charts of CMG and PCLN....? CMG reports after the bell today

all I can say are they both look good for now (some topping sign although) but nobody knows how people would react to ER.

[JTrader]

I'm going to go out on a limb and predict we finish near the high of the day. (sorry no chart!) There may be a shakeout sometime after 3pm though.

My system is saying we will go higher from here. If we see a red day tomorrow or Monday - buy it! (or cover if you're short)

[cletus]

Since we gapped over about 3 other gaps to get to today, the chance of a big gap down tomorrow is very small, but there is a chance of another ridiculous gap up simply because there isn't much overhead. But there is a turn date on April 26th, next tuesday, so the bulls might push hard into that date to new highs.

After April 26th also runs into the famous "end of the month" trade which is bearish, so some roadblocks for a huge rally from here.

[KENA]

Don't think I will buy in short today..This mkt may go up now to test the high of 1340. If we get an intra day pull back then I think I would buy in long for small run. Wait and see.

[AK84]

aapl daily not looking really good...abandoned baby ?

will they beat......or will they get beat ?

[ukarlewitz]

$SPY action similar to 3/21 so far - large gap up, consolidation. Over the next 2 days, there was a near gap fill. I think 132 before 134.

[KENA]

Just found a little stock MOTR that has pulled back off highs and is now looking good for 2-3 points. Got a small position for 13.43. This may be better then waiting for SPY.