07/19/2011 Intraday Watering

[soku]

As SPX is going up, AGQ coming down and ZSL going up.

also gold was beaten down below 1590

i have stops for /gc and /si based on /dx. apparently i understand the market wrong. with no big change in currency market, gold and silver got hard hit. and my stop was not triggered automatically. not sure what's going on. manually closed my metal positions.
today was a very profitable day. now only half left.

[99er]

SPX
Revised target is 1264.
http://99ercharts.blogspot.com/2011/07/spx_3761.html

Have a good one.

[ddd]

Hello, It's been a while since I made meaningful money from options trades, but my CRM Aug 145C bought yesterday and first thing today are doing surprisingly well. My original motive on the trade was for a potential short squeeze while the short interest on CRM was building up to > 5 days trading volume, the price was not coming down, and the market was potentially turning up again for its 5th wave.

Looking to close half position on the double at $166, and hold the remaining to $175, if the W5 is indeed materialize.

[Tabby]

As SPX is going up, AGQ coming down and ZSL going up.

also gold was beaten down below 1590

i have stops for /gc and /si based on /dx. apparently i understand the market wrong. with no big change in currency market, gold and silver got hard hit. and my stop was not triggered automatically. not sure what's going on. manually closed my metal positions.
today was a very profitable day. now only half left.

Soku,
Clutes was the pro when to buy silver or short it. I don't hvae a proper set up for silver. I read this article and I think it is worth of looking at later how this guy set up his chart with corrlation to $SPX.
http://www.safehaven.com/article/21709/ ... -to-stocks

I think JVA is worth of looking at it for daytrading as well. Coffee, Coffee for Cougar's espresso machine.

[KENA]

About time that Obama's pop up to come dn.Hype again.

[BullBear52x]

About time that Obama's pop up to come dn.Hype again.

check the vix spikes.

[Cobra]

OK, guys, I'm home. Seems not bad, I assume the push up isn't over yet?

[EvilTrader]

OK, guys, I'm home. Seems not bad, I assume the push up isn't over yet?

Hey Cobra, where do you live ( city ) ?

New York ?

[wandering196]

What about the pink line on the 5 minute chart (TLT)?

[luckystar2006]

Check out VIX. It suddenly spikes up big. Something is fishy here.

[Cobra]

Cobra:

generaly car dealers are scammers and a good private mechanic is better, BUT, this time your dealer IS correct in regards to a NEW car. The engine runs tight the first few thousand kms and therefore is more prone to initial wear, so its good to change the oil a few times in the first 5000 as you dont want those little metal shearings eating at your new engine, then, after the first 500 kms, your car is good to have the oil changed every 3500 to 5000 kms or even better, use good synthetic oil and its good for every 10000kms and so much better on the engine long term

congrats on the new car !
thanks for all your great work and accuracy here too , btw

Hmm, just saw this, thanks. I'm glad I checked the oil then.

[EvilTrader]

SPY close > 132.3 mean a close above the daily Ichimoku cloud.

Its a reliable buy signal, with a target of 134.30

[Cobra]

forgot to mention, the target reached. Although got a rough start today but still 75% chances are good enough. I sold most of my day position right at the target. I think there's more on the upside.

[Cobra]

OK, guys, I'm home. Seems not bad, I assume the push up isn't over yet?

Hey Cobra, where do you live ( city ) ?

New York ?

100Km around Toronto area, Ontario Canada.

[BullBear52x]

I am in cash, be safe first, too bad I can not buy at this point no guts. peace.

[sycamore]

welcome home (sweat home)

[Cobra]

volume surge and the 3rd push up, let's see the next few bars, pullback may around, I sold all the day positions here right at the high. I'll keep swing position overnight assume we close high of the day. Meanwhile still holding my short positions.

[soku]

market is in clearing trending mode. i think next target could be around 1324.
aapl is moving higher. per my calculation 378 is 100% target. we may wait here for er then shooting up to 420ish.

(disclaimer: i have aapl long)

this is unbelievable. we are at 1323 already? i see buying power

[Cobra]

What about the pink line on the 5 minute chart (TLT)?

forget about it nowadays until debt ceiling is lifted.

[EvilTrader]

volume surge and the 3rd push up, let's see the next few bars, pullback may around, I sold all the day positions here right at the high. I'll keep swing position overnight assume we close high of the day. Meanwhile still holding my short positions.

Didn´t your system stop the shorts yet ?