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09/09/2011 Intraday Watering

09/09/2011 Intraday Watering

Postby Cobra » Fri Sep 09, 2011 9:02 am

Flat open, so any gap will be filled. The Global ES looks like a Bull Flag, and I don't see any bear strength on this 2 legged pullback so the chart doesn't look bearish to me yet. Plus we might have the 911 patriotic rally today.
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Re: 09/09/2011 Intraday Watering

Postby silkway » Fri Sep 09, 2011 9:11 am

Good morning.
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Re: 09/09/2011 Intraday Watering

Postby agnosia » Fri Sep 09, 2011 9:11 am

bull flag on crude has broken... look out below.. gap 86.45 taken out usually means continuation to the downside.
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Re: 09/09/2011 Intraday Watering

Postby gabor » Fri Sep 09, 2011 9:13 am

On my chart ES is down by almost a percent, do you call it flat?
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Re: 09/09/2011 Intraday Watering

Postby BullBear52x » Fri Sep 09, 2011 9:13 am

GM, Job bill
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Re: 09/09/2011 Intraday Watering

Postby mac769 » Fri Sep 09, 2011 9:15 am

Good morning

The Euro plunges like a stone and what happens with GOLD?

down -2.5% in minutes...

http://img718.imageshack.us/img718/8449 ... lation.png

probably due to CME raising margin requirements...

it's the wild west out there, be careful
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Re: 09/09/2011 Intraday Watering

Postby BullBear52x » Fri Sep 09, 2011 9:16 am

gap making chart, this one is from cobra chart book.
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Re: 09/09/2011 Intraday Watering

Postby Cobra » Fri Sep 09, 2011 9:17 am

gabor wrote:On my chart ES is down by almost a percent, do you call it flat?


When I wrote the opening statement it was flat. :mrgreen: But anyway, the Bull Flag is still valid.

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Re: 09/09/2011 Intraday Watering

Postby nonabear » Fri Sep 09, 2011 9:17 am

Why does a business channel not mention the futures have dropped 1% in the last half hour...no explanation...they will tell us after the market closes today probably.

any news out there for this drop? I know Europe is going down again.
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Re: 09/09/2011 Intraday Watering

Postby KENA » Fri Sep 09, 2011 9:17 am

gabor wrote:On my chart ES is down by almost a percent, do you call it flat?


When Cobra posted the mkt was flat..In the last 5min the mkt took a dive.
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Re: 09/09/2011 Intraday Watering

Postby 99er » Fri Sep 09, 2011 9:18 am

Good Morning.

So honey...have you bought our tickets yet?
EURUSD http://99ercharts.blogspot.com/2011/09/eurusd_09.html

They're getting cheaper by the hour.
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Re: 09/09/2011 Intraday Watering

Postby ramram » Fri Sep 09, 2011 9:20 am

Europe and European banks are the culprit. Some French banks have hit lower lows than the Lehman low.
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Re: 09/09/2011 Intraday Watering

Postby gabor » Fri Sep 09, 2011 9:20 am

KENA wrote:
gabor wrote:On my chart ES is down by almost a percent, do you call it flat?


When Cobra posted the mkt was flat..In the last 5min the mkt took a dive.


Oh yeah, I noticed! I was just joking, how quickly a statement can be out of date ... :lol:
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Re: 09/09/2011 Intraday Watering

Postby 99er » Fri Sep 09, 2011 9:21 am

So honey...how was TOTUS' speech?
ES http://99ercharts.blogspot.com/2011/09/es_09.html

Right Shoulder down.
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Re: 09/09/2011 Intraday Watering

Postby pidge66 » Fri Sep 09, 2011 9:22 am

Cobra wrote:Flat open, so any gap will be filled. The Global ES looks like a Bull Flag, and I don't see any bear strength on this 2 legged pullback so the chart doesn't look bearish to me yet. Plus we might have the 911 patriotic rally today.


Except this time we have an actual terrorist threat. It's a bit trickier this time -- would people want to hold stocks through the 911 weekend?
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Re: 09/09/2011 Intraday Watering

Postby janez » Fri Sep 09, 2011 9:26 am

BullBear52x wrote:gap making chart, this one is from cobra chart book.



This looks like a H&S, doesn't it?
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Re: 09/09/2011 Intraday Watering

Postby BullBear52x » Fri Sep 09, 2011 9:26 am

pidge66 wrote:
Cobra wrote:Flat open, so any gap will be filled. The Global ES looks like a Bull Flag, and I don't see any bear strength on this 2 legged pullback so the chart doesn't look bearish to me yet. Plus we might have the 911 patriotic rally today.


Except this time we have an actual terrorist threat. It's a bit trickier this time -- would people want to hold stocks through the 911 weekend?

Nothing going to happen, this time they just try to make a news out.
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Re: 09/09/2011 Intraday Watering

Postby gabor » Fri Sep 09, 2011 9:27 am

pidge66 wrote:
Cobra wrote:Flat open, so any gap will be filled. The Global ES looks like a Bull Flag, and I don't see any bear strength on this 2 legged pullback so the chart doesn't look bearish to me yet. Plus we might have the 911 patriotic rally today.


Except this time we have an actual terrorist threat. It's a bit trickier this time -- would people want to hold stocks through the 911 weekend?


What is the news, I do not know anything, what sort of threat?
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Re: 09/09/2011 Intraday Watering

Postby Cobra » Fri Sep 09, 2011 9:27 am

gabor wrote:
KENA wrote:
gabor wrote:On my chart ES is down by almost a percent, do you call it flat?


When Cobra posted the mkt was flat..In the last 5min the mkt took a dive.


Oh yeah, I noticed! I was just joking, how quickly a statement can be out of date ... :lol:



:lol: :mrgreen:

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Re: 09/09/2011 Intraday Watering

Postby BullBear52x » Fri Sep 09, 2011 9:27 am

janez wrote:
BullBear52x wrote:gap making chart, this one is from cobra chart book.



This looks like a H&S, doesn't it?

yes, more and more so
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