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06/06/2011 Intraday Watering

millie
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Re: 06/06/2011 Intraday Watering

Post by millie »

trin on indu has doubled , now at 3. Does anyone follow/use them pls?
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Cobra
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Re: 06/06/2011 Intraday Watering

Post by Cobra »

volume surge, overshot, could be another rebound attempt here, the target is already set. :mrgreen:
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KENA
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Re: 06/06/2011 Intraday Watering

Post by KENA »

Sold my shorts for a good profit. will buy back short in the 1295 area or so.Wait and see
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Cobra
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Re: 06/06/2011 Intraday Watering

Post by Cobra »

nice signal bar, need H4 to confirm the rebound. the bigger picture however, the selling isn't over yet, beware.
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agnosia
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Re: 06/06/2011 Intraday Watering

Post by agnosia »

sorry to disturb you cobra :) lol... we all need our days off. thanks for the updates.... the sellers are bold today so i am gonna sit this one out.
cletus
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Re: 06/06/2011 Intraday Watering

Post by cletus »

Cobra wrote:volume surge, overshot, could be another rebound attempt here, the target is already set. :mrgreen:
That might not just be a rebound target. The main reason it might be a rebound target is that is resistance going back a few weeks, so maybe it backtests? But, I know those don't always mean what you'd think they mean.
Last edited by cletus on Mon Jun 06, 2011 3:27 pm, edited 1 time in total.
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BullBear52x
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Re: 06/06/2011 Intraday Watering

Post by BullBear52x »

OK I made up my mind, 1282 it is, tomorrow I will take some profit, not today. I am getting greedy again this is my bad habit.

I am out, so I wont change my mind. :D
My comments are for entertainment/educational purpose only. NOT a trade advice.
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99er
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Re: 06/06/2011 Intraday Watering

Post by 99er »

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KENA
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Re: 06/06/2011 Intraday Watering

Post by KENA »

BullBear52x wrote:OK I made up my mind, 1282 it is, tomorrow I will take some profit, not today. I am getting greedy again this is my bad habit.

I am out, so I wont change my mind. :D
When I get greedy I loose Just about all the time. I sold today. Good luckBB
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soku
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Re: 06/06/2011 Intraday Watering

Post by soku »

i think it is evil to reaffirm that i am perma bear today. :D
covered. party time. oh yeah oh yeah
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Cobra
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Re: 06/06/2011 Intraday Watering

Post by Cobra »

rebound as I said, still some room from the target.
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gator11
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Re: 06/06/2011 Intraday Watering

Post by gator11 »

KENA wrote:
BullBear52x wrote:OK I made up my mind, 1282 it is, tomorrow I will take some profit, not today. I am getting greedy again this is my bad habit.

I am out, so I wont change my mind. :D
When I get greedy I loose Just about all the time. I sold today. Good luckBB
kena is there any way to post your bullish perct chart (hopefully its through stockcharts.com) that had you calling for this correction a couple weeks ago. I would like to ad it to my box of tools if you dont mind. Thank you in advance.
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KENA
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Re: 06/06/2011 Intraday Watering

Post by KENA »

If you count the small dn day then today is the 4th dn day .The possibility of 5 in a row is very low.
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Cobra
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Re: 06/06/2011 Intraday Watering

Post by Cobra »

the bigger picture even with no bear flag, so any rebound from here will be a sell opportunity.
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Cobra
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Re: 06/06/2011 Intraday Watering

Post by Cobra »

KENA wrote:If you count the small dn day then today is the 4th dn day .The possibility of 5 in a row is very low.
SPY down 4 days in a row, buy at close, not much edge for the next day, but if you turn off the computer and hold until the very first green day, the odds are above 75%, if i remember correctly. :mrgreen:

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KENA
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Re: 06/06/2011 Intraday Watering

Post by KENA »

gator11 wrote:
KENA wrote:
BullBear52x wrote:OK I made up my mind, 1282 it is, tomorrow I will take some profit, not today. I am getting greedy again this is my bad habit.

I am out, so I wont change my mind. :D
When I get greedy I loose Just about all the time. I sold today. Good luckBB
kena is there any way to post your bullish perct chart (hopefully its through stockcharts.com) that had you calling for this correction a couple weeks ago. I would like to ad it to my box of tools if you dont mind. Thank you in advance.
I subscribe to the Dorsey Wright Point and Figure charts. We are not supposed to copy and repost.This could get me in trouble.I will post info on the charts as they change.
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Cobra
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Re: 06/06/2011 Intraday Watering

Post by Cobra »

well, I think that's it for today. sorry not much comment today, a friend asking for a long term investment plan, so did the homework for him. Thank you guys, I'll see you tomorrow.
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agnosia
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Re: 06/06/2011 Intraday Watering

Post by agnosia »

wow, more selling to come? we've been going down forever !!!
gator11
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Re: 06/06/2011 Intraday Watering

Post by gator11 »

I subscribe to the Dorsey Wright Point and Figure charts. We are not supposed to copy and repost.This could get me in trouble.I will post info on the charts as they change.[/quote]


sounds good thank you
HK88
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Re: 06/06/2011 Intraday Watering

Post by HK88 »

Friendly reminder, 2 MDD in 5 days, tradable bottom, might wanna cover here
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