07/15/2011 Intraday Watering

[pablorynx]

AAPL ytd high

[Cobra]

Cobra, will your short term model hold short overnight based on today's price action?

yes, it will hold until stop loss triggered because no matter how market closes today, it's another short, I'll pass this short, but this means the current short at hand should hold until it's failed which equals to I shorted today at close. You understood?

[soku]

i am crazy i know. anyway i chased at 1308. cobra, what's yr target of this move?

this is very strange oe day. put in a stop at 1310.5 and see what happens. i will not hold anything over weekend

[Cobra]

very strong close, speechless. got to be some good news in the weekend.

[greenback]

Cobra, will your short term model hold short overnight based on today's price action?

yes, it will hold until stop loss triggered because no matter how market closes today, it's another short, I'll pass this short, but this means the current short at hand should hold until it's failed which equals to I shorted today at close. You understood?

Thanks!

[99er]

Caution
SPX http://99ercharts.blogspot.com/2011/07/spx_4626.html
Head fake.

TGIF.

[Cobra]

well, I guess, that's it for today, thank you guys, I'll see you the next Monday. this market certainly needs some imagination, for 3 days in a row, we had a big gap up open, now it tries to tell us, that big gap up open would go in 4 days in a row?

[soku]

wow not ended yet. es is trying new high now

[dr659]

very strong close, speechless. got to be some good news in the weekend.

Short covering? I dont think anyone wants to be short over weekend, I also think NOTHING will get done about the debt ceiling.

[soku]

very strong close, speechless. got to be some good news in the weekend.

Short covering? I dont think anyone wants to be short over weekend, I also think NOTHING will get done about the debt ceiling.

i don't think it is short covering. it seems buy bots to me. people r front running good news is my guess too

[Anaconda]

This looks very positive for bulls;

[soku]

AAPL ytd high

i'm proud to tell u, if u search my name and aapl, u will find i yelled long aapl on 6/21. lucky

[Anaconda]

Caution
SPX http://99ercharts.blogspot.com/2011/07/spx_4626.html
Head fake.

TGIF.

That's one ugly looking chart! Hope you're right, personally. Although I'm mostly in cash at this point.
Have a good one, 99.
A

[soku]

wow not ended yet. es is trying new high now

1315.25 i am out. need to leave now. no position for weekend. will check the market sunday night.
have a good weekend

[cougar]

This looks very positive for bulls;

Anaconda: YES...short term...

[dr659]

very strong close, speechless. got to be some good news in the weekend.

Short covering? I dont think anyone wants to be short over weekend, I also think NOTHING will get done about the debt ceiling.

i don't think it is short covering. it seems buy bots to me. people r front running good news is my guess too

Maybe, we will see, Republicans would have to agree to raise some taxes , I cant see that happning, Have a good weekend all

[pablorynx]

I know, I remember. I bot nas ~ that time. bot some yest too.