08/18/2011 Intraday Watering

[varaamo]

I have pm'd u.can u pm ur better volume indicator in tos?

Thanks in advance

Trendline from 8/8 and 38% fib breached.

[soku]

Cobra. Do you believe in Death Cross? People were talking about this 50MA crossing down on 200MA and it's time to sell.

that happened couple days ago. right and i have some discussion on it.

[Out of Bounds]

Time for a first bounce

SPY _2011-08-18 094914 1.GIF (10.7 KiB) Viewed 4342 times

[Me XMan]

SPX 1100 is a given now IMO. I think it may go down harder depending on EU problems.

wow it's coming, it's coming. on chart 1146 is a weak one. i am more expecting 1100

[debossman08]

Someone yesterday said that we will have a gap down today. How did you know?

[v1stock.com]

watch that long don t let turn red

[Out of Bounds]

Bounce stalling

SPY _2011-08-18 095322 1.GIF (11.4 KiB) Viewed 4343 times

[shumushu]

Testing broken trendline from the previous downtrend and potential channel in this bear flag.

[BullBear52x]

bullbear52x I hope you've got out in time

Nope, I got spank, my uncle no help this time. all things turn bearish all sudden.

[agnosia]

actually my bots just saying es 1150 83% chance for reversal

yes thanks.. maybe target won't be reached today. depends on the news at 10 i think.

[Cobra]

Cobra. Do you believe in Death Cross? People were talking about this 50MA crossing down on 200MA and it's time to sell.

Mostly death cross is buy not sell, occasionally such a cross could be right.

[jarbo456]

i think part of the warning has to include the fact that the market couldn't hold it's gains even on a weak dollar day yesterday. i think that was indicative for me to consider holding my short spy position, which i did...thankfully.

[soku]

supports: if 1190 area cannot hold, we will see 1180-1177 very soon. if still cannot hold, then it will be party time for bears.

this is my projection from y'day. current measure stays at es 1150 (actual low 1150.25). i am not saying it will no go down anymore or it will rebound here. it's just the area we should exit shorts and waiting for next one. at this area risk/reward is significantly dropping. not worth the time and effort.
party time!!!

[Cobra]

cobra, 1146 target is spy or /es?

ES

[barbaragull]

Holy cow, all my VIXY, after suffered such a long time in deep water, were all dumped in such cheap prices

[BullBear52x]

we are now back to square one.

[Out of Bounds]

News is the last nail in the coffin.

[soku]

shit phi data beat the market down another 10 points

add: expect +2, actual -30? wow where is ppt? i heard they were just fired yesterday.

[KENA]

actually my bots just saying es 1150 83% chance for reversal

yes thanks.. maybe target won't be reached today. depends on the news at 10 i think.

I posted yesterday that the elevator was going dn,basted on some TA I follow that turned and did not look good.Sold out and went short on TSA.I have to win once and awhile.Lets see.

[agnosia]

ok another 48 on /es for me ...

europe down huge
http://finance.yahoo.com/intlindices?e=europe

here we go again...