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08/03/2011 Intraday Watering

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99er
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Re: 08/03/2011 Intraday Watering

Post by 99er »

Honey...look at the Butterfly.
SPX http://99ercharts.blogspot.com/2011/08/spx_5329.html

Wait while I switch gears.

Vroom.
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BullBear52x
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Re: 08/03/2011 Intraday Watering

Post by BullBear52x »

No Neg D. this is smooth buying,you see? :lol: just kidding, tight stop that is......
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soku
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Re: 08/03/2011 Intraday Watering

Post by soku »

possible buy program kicked in. all shorts are closed.
this market is not easy.
The goal is not uniformity. It is understanding and idea exchange.
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Anaconda
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Re: 08/03/2011 Intraday Watering

Post by Anaconda »

Yes, this is what the candlestick portends...Reversal imminent. More up, short term (maybe 1-2 days):
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simpletrade
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Re: 08/03/2011 Intraday Watering

Post by simpletrade »

Run, forest, run! V shape bottom?
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BullBear52x
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Re: 08/03/2011 Intraday Watering

Post by BullBear52x »

MACD and RSI from 1min to 60min agreed with me that this short term counter trend is good :D have a good one all. Thanks to the master Cobra.
My comments are for entertainment/educational purpose only. NOT a trade advice.
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EvilTrader
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Re: 08/03/2011 Intraday Watering

Post by EvilTrader »

Anaconda wrote:Yes, this is what the candlestick portends...Reversal imminent. More up, short term (maybe 1-2 days):
Next stop ma200. After that, who knows ? :roll:
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Cobra
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Re: 08/03/2011 Intraday Watering

Post by Cobra »

good, but not enough, the renewed strength should push the price over the tinted area, the bad thing is I see volume surge here. let's see the next bar.
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EvilTrader
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Re: 08/03/2011 Intraday Watering

Post by EvilTrader »

Watchout tomorrow for a massive shortsqueeze pushing this thing higher....V-shaped... Don´t play with volatility unless you know your stuff.... :ugeek:

remember, bears and bulls make money, pigs are slaughtered :lol:
fuddleduddle
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Re: 08/03/2011 Intraday Watering

Post by fuddleduddle »

Well let's hope for the run into tomorrow... I just wish jobless claims report wasn't tomorrow. NFP on Friday.
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99er
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Re: 08/03/2011 Intraday Watering

Post by 99er »

SPX
Selling into the close.
http://99ercharts.blogspot.com/2011/08/spx_7058.html

Have a good one!
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Cobra
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Re: 08/03/2011 Intraday Watering

Post by Cobra »

key time, a little bigger pullback here, then the rebound is about to over, may have one last push though, but this one last push may not have higher high, so key time, cannot pullback too much here.
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Cobra
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Re: 08/03/2011 Intraday Watering

Post by Cobra »

overall, no good, price overlapping. a little bit bigger picture it's bear flag.
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seeyou
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Re: 08/03/2011 Intraday Watering

Post by seeyou »

HAMMER LOW ON THE SPYS
AK84
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Re: 08/03/2011 Intraday Watering

Post by AK84 »

cobra bullish for tomorrow ?
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Cobra
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Re: 08/03/2011 Intraday Watering

Post by Cobra »

don't know if you see what I see: I see 2 3 push up here. bigger one on 5 min chart, smaller one is more clear on 1 min chart, so my wild-est-est-est-est-est guess is the rebound ends here, we may see pullback at least tomorrow morning. Thank you guys, I'll see you tomorrow.
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shumushu
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Re: 08/03/2011 Intraday Watering

Post by shumushu »

Today's intraday sell-off has much bigger volume then even the closing of today. A sign of climax sell-off; IE short term bottom.
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Anaconda
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Re: 08/03/2011 Intraday Watering

Post by Anaconda »

Thanks for today, Cobra and company. Bigger picture, I see more up, based on both candlestick formation for daily, and the following:
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blacklotus
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Re: 08/03/2011 Intraday Watering

Post by blacklotus »

just saw a phantom bar around 125 for the SPY...
rpccharts
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Re: 08/03/2011 Intraday Watering

Post by rpccharts »

Interesting tweet regarding JP Morgan and gold/silver note last night as US dollar spiked

$JPM Liquidity crunch to effect $USDX and every commodity but $GC_F $SI_F $SLV $GLD - JP Morgan note on investing on the rising Dollar and overweight gold and silver
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