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08/16/2011 Intraday Watering

Re: 08/16/2011 Intraday Watering

Postby Mr. T » Tue Aug 16, 2011 12:24 pm

Euro shot up - why did stocks take a hit? = that's bullish.
-T

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Re: 08/16/2011 Intraday Watering

Postby newbie_77 » Tue Aug 16, 2011 12:24 pm

its all up and down :D
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Re: 08/16/2011 Intraday Watering

Postby Cobra » Tue Aug 16, 2011 12:24 pm

champix wrote:Sarkozy/Merkel press conference :
- new financial government in EU
- new "no deficit allowed" rule for all the UE members
- proposal of financial transactions tax


:lol: you must be kidding. :lol:

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Re: 08/16/2011 Intraday Watering

Postby uempel » Tue Aug 16, 2011 12:25 pm

Sarkozy/Merkel are talking about the taxation of financial transactions - that's why the market reacted nervously
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Re: 08/16/2011 Intraday Watering

Postby StrikePrice » Tue Aug 16, 2011 12:25 pm

Did someone say Megaphone? Pretty LOUD I might add...

So higher trading costs in Europe mean more money coming into US markets? Looks like the market is going to be digesting this one for a bit.
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Re: 08/16/2011 Intraday Watering

Postby Cobra » Tue Aug 16, 2011 12:27 pm

uempel wrote:Sarkozy/Merkel are talking about the taxation of financial transactions - that's why the market reacted nervously


just a proposal, those rich guys control everything, don't think they'll punish themselves. :mrgreen:

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Re: 08/16/2011 Intraday Watering

Postby BullBear52x » Tue Aug 16, 2011 12:28 pm

This the time when I have to walk away from the computer, do nothing is best.
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Re: 08/16/2011 Intraday Watering

Postby champix » Tue Aug 16, 2011 12:29 pm

uempel wrote:Sarkozy/Merkel are talking about the taxation of financial transactions - that's why the market reacted nervously

seems we gonna see your 1180 zone... :twisted:
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Re: 08/16/2011 Intraday Watering

Postby Cobra » Tue Aug 16, 2011 12:30 pm

that's no good. :cry:

I had a perfect long setup today (while Uempel still waiting for his entry :roll: ), had to close out with much smaller gains than I planed. Too bad. On 2nd thought, still better than Uempel who's empty handed anyway. :lol:
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Re: 08/16/2011 Intraday Watering

Postby uempel » Tue Aug 16, 2011 12:32 pm

Update:
SPX22.png
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Re: 08/16/2011 Intraday Watering

Postby StrikePrice » Tue Aug 16, 2011 12:33 pm

Looks like the Wave Count I posted earlier may have completed in an Ending Diagonal.
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Re: 08/16/2011 Intraday Watering

Postby BullBear52x » Tue Aug 16, 2011 12:34 pm

can some one post that one video"baby loss every thing" this got to be end of w4.
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Re: 08/16/2011 Intraday Watering

Postby Tabby » Tue Aug 16, 2011 12:35 pm

Cobra wrote:
uempel wrote:Sarkozy/Merkel are talking about the taxation of financial transactions - that's why the market reacted nervously


just a proposal, those rich guys control everything, don't think they'll punish themselves. :mrgreen:


Umpel,
where did you get the news from? could please post a site?
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Re: 08/16/2011 Intraday Watering

Postby cowboy » Tue Aug 16, 2011 12:39 pm

Cobra wrote:that's no good. :cry:

I had a perfect long setup today (while Uempel still waiting for his entry :roll: ), had to close out with much smaller gains than I planed. Too bad. On 2nd thought, still better than Uempel who's empty handed anyway. :lol:


Is it like Uempel said it's testing 1187 (which is his entry)? still bull or bear for this week?
Will you hold position over night?
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Re: 08/16/2011 Intraday Watering

Postby AK84 » Tue Aug 16, 2011 12:39 pm

Cobra wrote:that's no good. :cry:

I had a perfect long setup today (while Uempel still waiting for his entry :roll: ), had to close out with much smaller gains than I planed. Too bad. On 2nd thought, still better than Uempel who's empty handed anyway. :lol:



So Cobra youre not that bullish now for tomorrow and rest of the week ? Reccomend buying the dip today or not ?
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Re: 08/16/2011 Intraday Watering

Postby uempel » Tue Aug 16, 2011 12:40 pm

Cobra wrote:that's no good. :cry:

I had a perfect long setup today (while Uempel still waiting for his entry :roll: ), had to close out with much smaller gains than I planed. Too bad. On 2nd thought, still better than Uempel who's empty handed anyway. :lol:



Empty handed? Went short with minis yesterday at the close, covered today in the early morning at 1187 :D - a bit too early, my habitual mistake :roll:
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Re: 08/16/2011 Intraday Watering

Postby Cobra » Tue Aug 16, 2011 12:41 pm

that's wait for the dust to clear first.

NORMALLY should be at least another leg down. But there's a trick here: I had exactly the same 90%+ winning rate setup yesterday and today, while yesterday lost 2 of them, if another failure today, that'd be 3 in a row a 90%+ winning rate setup failed, which I think it's very rare if not impossible. Well, let's see.
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Re: 08/16/2011 Intraday Watering

Postby George H » Tue Aug 16, 2011 12:42 pm

Tabby wrote:
Cobra wrote:
uempel wrote:Sarkozy/Merkel are talking about the taxation of financial transactions - that's why the market reacted nervously


just a proposal, those rich guys control everything, don't think they'll punish themselves. :mrgreen:


Umpel,
where did you get the news from? could please post a site?


France, Germany to Propose Financial-Transaction Tax
http://www.bloomberg.com/news/2011-08-1 ... n-tax.html
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Re: 08/16/2011 Intraday Watering

Postby Cobra » Tue Aug 16, 2011 12:43 pm

uempel wrote:
Cobra wrote:that's no good. :cry:

I had a perfect long setup today (while Uempel still waiting for his entry :roll: ), had to close out with much smaller gains than I planed. Too bad. On 2nd thought, still better than Uempel who's empty handed anyway. :lol:



Empty handed? Went short with minis yesterday at the close, covered today in the early morning at 1187 :D - a bit too early, my habitual mistake :roll:


cover in the morning was the right thing to do. I was too greedy, kind hope a gap up today to short. :cry:

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Re: 08/16/2011 Intraday Watering

Postby BullBear52x » Tue Aug 16, 2011 12:44 pm

My gain got wiped out for the second time, third time before I give up :x Gap support is still there and strong, so, don't discount it. I am still wearing a bulls' cap.
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