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09/09/2011 Intraday Watering

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Re: 09/09/2011 Intraday Watering

Postby StrikePrice » Fri Sep 09, 2011 2:55 pm

Anytime the Dow trades around triple 0's (11,000 right now) it's a difficult market. Don't be like Nick Leeson who made a bank go Bankrupt trying to keep the Nikkei above 19,000 in 1995. (watch the movie Rogue Trader)
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Re: 09/09/2011 Intraday Watering

Postby ukarlewitz » Fri Sep 09, 2011 2:59 pm

TRIN has spiked over 6. The last time it spiked like this was near the Aug 9 low in $SPY
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Re: 09/09/2011 Intraday Watering

Postby heavenskrow » Fri Sep 09, 2011 3:02 pm

heavenskrow wrote:For some reason I dont think we will hold the support of bear flag today.....(just feeling, no chart)


WTF FAKEOUT???
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Re: 09/09/2011 Intraday Watering

Postby BullBear52x » Fri Sep 09, 2011 3:06 pm

Until Tuesday gents if we close around here.
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Re: 09/09/2011 Intraday Watering

Postby Cobra » Fri Sep 09, 2011 3:06 pm

still some chances for a rebound to close. not sure as this is counter-trend call, not easy to be right.
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Re: 09/09/2011 Intraday Watering

Postby janez » Fri Sep 09, 2011 3:08 pm

Cobra wrote:I'm not saying low was in, there's a chance we might go like this because it could be 3 push down. Calling reversal on a strong trend day is difficult, so just for fun.


agree.
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Re: 09/09/2011 Intraday Watering

Postby Cobra » Fri Sep 09, 2011 3:08 pm

BullBear52x wrote:Until Tuesday gents if we close around here.


hmm, anyone has statistics about what happened thereafter when Mr BB52 posted happy pictures? :mrgreen: :roll:

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Re: 09/09/2011 Intraday Watering

Postby Tabby » Fri Sep 09, 2011 3:11 pm

Cobra wrote:
BullBear52x wrote:Until Tuesday gents if we close around here.


hmm, anyone has statistics about what happened thereafter when Mr BB52 posted happy pictures? :mrgreen: :roll:


They were yellow yesterday and they are white now. I am afraid they turn to be red bears ( bloody bears). :twisted:
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Re: 09/09/2011 Intraday Watering

Postby BullBear52x » Fri Sep 09, 2011 3:19 pm

Tabby wrote:
Cobra wrote:
BullBear52x wrote:Until Tuesday gents if we close around here.


hmm, anyone has statistics about what happened thereafter when Mr BB52 posted happy pictures? :mrgreen: :roll:


They were yellow yesterday and they are white now. I am afraid they turn to be red bears ( bloody bears). :twisted:


I posted this one picture too before. his time will come but not today.
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Re: 09/09/2011 Intraday Watering

Postby Al_Dente » Fri Sep 09, 2011 3:19 pm

May be near time to cover. Bloomberg is now chirping about how the mrkt is "going to break down here."
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Re: 09/09/2011 Intraday Watering

Postby janez » Fri Sep 09, 2011 3:20 pm

Just do not feel there is more down here. Take risk to go long.
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Re: 09/09/2011 Intraday Watering

Postby KENA » Fri Sep 09, 2011 3:20 pm

Closed out for the weekend.Cobra, thanks for the week.Everyone have a nice weekend.We can all buy back in Mon.
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i'm out and done

Postby qtipped » Fri Sep 09, 2011 3:21 pm

not sure if anybody's reading my messages...but i just covered my spy. closed my shorts. done for now. good luck all. not a bad first trade in 5 months. i don't think it'll go lower today.
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Re: 09/09/2011 Intraday Watering

Postby heavenskrow » Fri Sep 09, 2011 3:25 pm

I see weakness, cant close above 5min 20MA weighted by volume
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Re: 09/09/2011 Intraday Watering

Postby heavenskrow » Fri Sep 09, 2011 3:27 pm

maybe fill all these gaps and then BAM!
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Re: 09/09/2011 Intraday Watering

Postby MajorEasy » Fri Sep 09, 2011 3:32 pm

a trader on bloomberg just said:
the S&P's range is 1100 to 1200,
he said, 1100 will be tested
the market's goal is to distribute the wealth of many to as few hands as possible
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Re: 09/09/2011 Intraday Watering

Postby jaaawf » Fri Sep 09, 2011 3:33 pm

MajorEasy wrote:a trader on bloomberg just said:
the S&P's range is 1100 to 1200,
he said, 1100 will be tested


Kiss of Death
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Re: i'm out and done

Postby Al_Dente » Fri Sep 09, 2011 3:34 pm

qtipped wrote:not sure if anybody's reading my messages...but i just covered my spy. closed my shorts. done for now. good luck all. not a bad first trade in 5 months. i don't think it'll go lower today.


we are reading, just seldom responding
congrats on your great trade
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Re: 09/09/2011 Intraday Watering

Postby ukarlewitz » Fri Sep 09, 2011 3:38 pm

CPC will likely close to the recent high, 1.45 now
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Re: 09/09/2011 Intraday Watering

Postby MajorEasy » Fri Sep 09, 2011 3:40 pm

MajorEasy wrote:a trader on bloomberg just said:
the S&P's range is 1100 to 1200,
he said, 1100 will be tested


1100 and 1200 in purple
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