08/29/2011 Intraday Watering

[keesa]

Does anyone know when part of Greece's debt payment is due ? Wasnt it supposed to be end of this month ??? Wonder if this is a fake out in case they cannot pay .....who knowzzzzz~~~

Qatar investors basically bought 2nd and 3rd largest banks in Greece. So the debt situation is resolved.

[KENA]

It is looking like it is getting time to short GMCR again. Lets see...Some of the other leaders are pulling back also.

[Cobra]

retest of the morning high, hopefully it'd bring us a new high.

[AK84]

Does anyone know when part of Greece's debt payment is due ? Wasnt it supposed to be end of this month ??? Wonder if this is a fake out in case they cannot pay .....who knowzzzzz~~~

Qatar investors basically bought 2nd and 3rd largest banks in Greece. So the debt situation is resolved.

Interesting...I did not know. Thank you so much!

[MajorEasy]

last 16 trading days ES 60 minute continuous contract.

[silicon_beaver]

looks Ben is good at killing bears. He did similar when running QE2.

[cougar]

If the “bearishness” of this triangle was negated, 1208 is the next target. Then...1231.

[shumushu]

Here comes the breakout to the upside

[rocstocktrader]

1,204 looks like the next level to watch on S&P 500. rocstocktrader.webs.com

[BullBear52x]

If the “bearishness” of this triangle was negated, 1208 is the next target. Then...1231.

I am buying sso just to hedge my short etf untill it decides to turn south again if it will.

[Cobra]

breakout, tinted area are different measured target, both pointing to the size. Let's see.

[uempel]

Update

[BullBear52x]

The attachment SPX4.png is no longer available

Update

yes, I don't see this as bullish but who know? another gap up over 61.8% will seal the deal?

[JustTrading]

Cobra,

Do you still maintain that this is a rising bearish wedge or flag as long as S&P does not exceed 1215 ish? Thanks

[cougar]

If the “bearishness” of this triangle was negated, 1208 is the next target. Then...1231.

I am buying sso just to hedge my short etf untill it decides to turn south again if it will.

…and the Bear says: “Don’t worry about me…The salmon started to spawn up the Klondike river…and I’ll be there real soon!”

[Cobra]

Cobra,

Do you still maintain that this is a rising bearish wedge or flag as long as S&P does not exceed 1215 ish? Thanks

Do you see anything that should change my mind? Gap up and flat here is enough to change my mind?

[Cobra]

ChiOsc is still high.

[JustTrading]

Cobra,

Do you still maintain that this is a rising bearish wedge or flag as long as S&P does not exceed 1215 ish? Thanks

Do you see anything that should change my mind? Gap up and flat here is enough to change my mind?

That's why I asked = I don't know- I am just a novice. So I am guessing your answer is no change in your view. thanks.

[Cobra]

Cobra,

Do you still maintain that this is a rising bearish wedge or flag as long as S&P does not exceed 1215 ish? Thanks

Do you see anything that should change my mind? Gap up and flat here is enough to change my mind?

That's why I asked = I don't know- I am just a novice. So I am guessing your answer is no change in your view. thanks.

no change for now.

[uempel]

Update: