04/26/2011 Intraday Watering

[99er]

ES
Update.
http://99ercharts.blogspot.com/2011/04/es_7388.html

[demon]

rebound will be failed ?

[Cobra]

rebound will be failed ?

too early to say

[cletus]

rebound as I said. the bar looks not bad, so assume this is at least the retest of the previous high?

could be descending triangle, no test of highs needed if so

[99er]

Cobra: "I had seafood today"

Lucky you. I'm concerned about the Iodine 131 found in seaweed in Vancouver and in Puget Sound. No more oysters or Dungeness crab for me. No more tuna.

I'm going Vegan.

[Cobra]

Cobra: "I had seafood today"

Lucky you. I'm concerned about the Iodine 131 found in seaweed in Vancouver and in Puget Sound. No more oysters or Dungeness crab for me. No more tuna.

I'm going Vegan.

I wonder what a mutant snake would like? Hmm, giant snake? We Chinese call that Dragon.

[jamesmith]

Cobra: "I had seafood today"

Lucky you. I'm concerned about the Iodine 131 found in seaweed in Vancouver and in Puget Sound. No more oysters or Dungeness crab for me. No more tuna.

I'm going Vegan.

I wonder what a mutant snake would like? Hmm, giant snake? We Chinese call that Dragon. :twisted:

mutant snake would be at least as powerful as godzilla :ugeek:

[99er]

"I'm going Vegan."

Oh...I forgot. The folks at Berkeley have found Iodine 131 in Bay Area-grown arugula, spinach, cilantro, strawberries and wild mushrooms.

I can't eat anything!

[StrikePrice]

rebound as I said. the bar looks not bad, so assume this is at least the retest of the previous high?

Hey Cobra,

Look at adding the 50MA to your 5-min chart. It's what's holding the line today, with the 200MA on the 5-min possible dip buy if Ben keeps easing away.

[AK84]

Hi Cobra,

What is seasonality for tomorrow ? third last trading day of the month ??
also FED FOMC day . what do u predict....red or greeen....lots of BIG tech's are not doing well today ....any thoughts ?

[Me XMan]

Get yer shorts on for tomorrow. Big red day coming?
It will be SELL THE NEWS

12:30PM: FOMC Meeting Announcement.
2:15 PM: Fed Chairman Ben Bernanke holds press briefing on FOMC meeting.

===

If Bears can get 134.53 I'll said top of some kind is in, but, 134.93 is where Bulls will take back the ball.

[FJoe]

Looks like the big breakout as DJI and DJT are hitting new highs together, as well now as the S&P...but it is exactly 1 year from the intraday high on April 26, 2010 and the market then sold off into the flash crash. Coincidence...or anyone find meaning with this.

[BullBear52x]

Bulls are back in charge, to the moon, I would not short anything new here, only way is up, I am done today. with small short positon sleep well.

[Cobra]

Hi Cobra,

What is seasonality for tomorrow ? third last trading day of the month ??
also FED FOMC day . what do u predict....red or greeen....lots of BIG tech's are not doing well today ....any thoughts ?

green.

[Me XMan]

Put down some bets on the short side.

Bulls are back in charge, to the moon, I would not short anything new here, only way is up, I am done today. with small short positon sleep well.

[lqiantobe]

Corba~ why DOW break out, TNA goes lower

[99er]

Me XMan: "Get yer shorts on for tomorrow."

Totally agree. Look at today's set-up.

SPX: http://99ercharts.blogspot.com/2011/04/spx_5993.html

[Cobra]

Corba~ why DOW break out, TNA goes lower

Dow is dow
TNA is 3x russell 2000

2 different things.

[Cobra]

no idea what the market is doing.

[Me XMan]

When the Oracle has doubts, stay on the sideline...

no idea what the market is doing.