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09/06/2011 Intraday Watering

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frankthetank
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Re: 09/06/2011 Intraday Watering

Post by frankthetank »

Anybody figure out what changed on the trend today. Seems that the bulls have taken over
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BlackThought
Posts: 186
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Re: 09/06/2011 Intraday Watering

Post by BlackThought »

frankthetank wrote:Anybody figure out what changed on the trend today. Seems that the bulls have taken over
extreme retail pessimism.
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newbie_77
Posts: 300
Joined: Fri Jul 29, 2011 1:47 pm

Re: 09/06/2011 Intraday Watering

Post by newbie_77 »

i am seeing the HOD as 117.8324 and now its to 118 but cannot find on the 1minute or 5minute or any of the daily chart.
anyone else seeing it?
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jarbo456
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Re: 09/06/2011 Intraday Watering

Post by jarbo456 »

Cobra wrote:breakout indeed, almost reached the target. I see volume surge, so could be a pullback of some kind here. then we'll see.
target met and exceeded. next? more up?
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varaamo
Posts: 41
Joined: Tue Aug 02, 2011 2:04 pm

Re: 09/06/2011 Intraday Watering

Post by varaamo »

Any indicator that shows extreme retail pessimism?
BlackThought wrote:
frankthetank wrote:Anybody figure out what changed on the trend today. Seems that the bulls have taken over
extreme retail pessimism.
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Cobra
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Re: 09/06/2011 Intraday Watering

Post by Cobra »

target reached, seems more. :shock:
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heavenskrow
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Re: 09/06/2011 Intraday Watering

Post by heavenskrow »

frankthetank wrote:Anybody figure out what changed on the trend today. Seems that the bulls have taken over
Actually nothing much..Pretty easy actually. We opened on support of the bear flag and as long as we didnt break below, good day to be a bull....

However I am a swing trader.. so nothing but watch for me
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Cobra
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Re: 09/06/2011 Intraday Watering

Post by Cobra »

jarbo456 wrote:
Cobra wrote:breakout indeed, almost reached the target. I see volume surge, so could be a pullback of some kind here. then we'll see.
target met and exceeded. next? more up?
yes, looks like we'll close HOD today.

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stockcycle
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Re: 09/06/2011 Intraday Watering

Post by stockcycle »

I am fighting myself. I really want to joint the Bulls.
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ddd
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Re: 09/06/2011 Intraday Watering

Post by ddd »

Intraday breadth trending up...

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frankthetank
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Re: 09/06/2011 Intraday Watering

Post by frankthetank »

We haven't had an correction of this move. At least a pull back would be appropriate
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BullTart
Posts: 398
Joined: Thu Sep 01, 2011 12:23 pm

Re: 09/06/2011 Intraday Watering

Post by BullTart »

Market didn't do what I thought it might do so closed out TVIX longs and took profit.

Now in wait and see mode.
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BullBear52x
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Joined: Tue Feb 22, 2011 3:47 pm

Re: 09/06/2011 Intraday Watering

Post by BullBear52x »

Neg D.
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tapesense
Posts: 70
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Re: 09/06/2011 Intraday Watering

Post by tapesense »

EURUSD broke low of spike overnight, projects down to 1.39. Need to learn to project timeframes for my levels, they can be now or next year, pay a lot of theta rent on options
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jarbo456
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Re: 09/06/2011 Intraday Watering

Post by jarbo456 »

the market is levitating just slowly enough to allow the short term MA's to catch up and support the move. although i see weakening on the 3 minute chart, 6-12 minutes of consolidation around this level, and we're easily back up again. the math shows there's plenty of time to fill the gap today...which would be ridiculous.
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frankthetank
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Re: 09/06/2011 Intraday Watering

Post by frankthetank »

now were outside the bolliger bands on SPY...isn't this getting overbought territory
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silicon_beaver
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Re: 09/06/2011 Intraday Watering

Post by silicon_beaver »

heavenskrow wrote:
frankthetank wrote:Anybody figure out what changed on the trend today. Seems that the bulls have taken over
Actually nothing much..Pretty easy actually. We opened on support of the bear flag and as long as we didnt break below, good day to be a bull....

However I am a swing trader.. so nothing but watch for me
Right, good day to be a bull....
Thank guys.

Long FAS
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Tabby
Posts: 924
Joined: Tue Feb 15, 2011 5:09 pm

Re: 09/06/2011 Intraday Watering

Post by Tabby »

Phanton Bar SPY=117.8394 at 1421 on my screen.
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AK84
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Re: 09/06/2011 Intraday Watering

Post by AK84 »

bear flag on spx hourly!
dont b fooled by this up move!
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heavenskrow
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Re: 09/06/2011 Intraday Watering

Post by heavenskrow »

AK84 wrote:bear flag on spx hourly!
dont b fooled by this up move!
Exactly... thats why Im still holding my TMF :twisted:

but if I were a daytrader, I would be HELLA lONG from open.. too bad mines cash account
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