08/30/2011 Intraday Watering

[heavenskrow]

GO! GO ! GO!

[shumushu]

got really lucky with the short covering for me in the morning. I really thought the market would pull back a little more than this AM, but I was wrong.

[BullBear52x]

Bigger picture folks, approaching the area where salmon spawning like Cougar mentioned. Bulls never out of the wood in bigger BIGGER picture.....

[nasa1100]

Spy 123-126

[BullBear52x]

a reminder, where is Cash? I posted this last week.

DBV here, lots of money folks.

[keesa]

Bigger picture folks, approaching the area where salmon spawning like Cougar mentioned. Bulls never out of the wood in bigger BIGGER picture.....

1210 - 1240 is no-man-land. No resistance to vrrrrooooom

[soku]

since the ind call last bottom right, i want to update it.

add: it is the zigzag indicator i am showing. it has repaint problem.

[BullBear52x]

since the ind call last bottom right, i want to update it.

Thanks I am shorting now too, Counter trend this lot will be a swing short position see you all next week. my ultimate bearish view telling me to take the short side and enjoy time off no stop.

Good luck all, short term don't fight the FED as the old saying......

[BullBear52x]

Last chart, looking for Neg D? here you go.

[soku]

I'm out of GMCR shorts first thing this morn.It opened in the red this morn but the trend was pushing up.At this time I have no positions.If I do add I will buy some put/calls for protection for swing trades.

don't touch my coffee.

[Anaconda]

Hi everyone. Have been monitoring off and on (digesting baby bull over past 2 days), and thought I'd pop in. Almost ready for another bite of Angus. Since yesterday's closing phantom bars (I saw 2 on my screen - 1 high at 122 SPY and 1 lower at 118.5), I have been waiting to see how the morning plays out. I'm targeting a touch of 122 first, before we head down. I will add to my short position at that point.
GL.
A

[Cobra]

I see exhaustion bar here, so could be a pullback of some kind.

[cougar]

SPX holding the course:

[Al_Dente]

a reminder, where is Cash? I posted this last week.

DBV here, lots of money folks.

BB52x: How do you use DBV? Leading indicator for SPX or what

[soku]

http://www.zerohedge.com/news/uncle-war ... hopping-14

Uncle Warren Unhappy With WSJ Claims He Pays Only 10.5% Tax On BofA Dividend; He Really Is Paying A Whopping 14.175%
the same news is on rtrs as well. any tips comments suggestions on how to get 14% tax rate (legal liability free)?

[uempel]

Guys, who's going long here, who's going short?

[silkway]

Guys, who's going long here, who's going short?

SPX13.png

Nice chart! Thanks. It loos 08-09 coming back.

[heavenskrow]

Guys, who's going long here, who's going short?

SPX13.png

uempel, you have the craziest charts.... u should write a book!

[Cobra]

H2 long on EMA20, hopefully the rebound could bring us to a new intraday high.

[Al_Dente]

In order for this market to go much higher, folks have to start selling bonds, and they are not yet. See TBT divergence (TBT is the green line behind SPY in the chart).

Selling bonds = buying stocks. Not enough conviction yet.

http://stockcharts.com/h-sc/ui?s=SPY&p= ... =242754645