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Re: 09/09/2011 Intraday Watering

Posted: Fri Sep 09, 2011 2:55 pm
by StrikePrice
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)

Re: 09/09/2011 Intraday Watering

Posted: Fri Sep 09, 2011 2:59 pm
by ukarlewitz
TRIN has spiked over 6. The last time it spiked like this was near the Aug 9 low in $SPY

Re: 09/09/2011 Intraday Watering

Posted: Fri Sep 09, 2011 3:02 pm
by heavenskrow
heavenskrow wrote:For some reason I dont think we will hold the support of bear flag today.....(just feeling, no chart)
WTF FAKEOUT???

Re: 09/09/2011 Intraday Watering

Posted: Fri Sep 09, 2011 3:06 pm
by BullBear52x
Until Tuesday gents if we close around here.

Re: 09/09/2011 Intraday Watering

Posted: Fri Sep 09, 2011 3:06 pm
by Cobra
still some chances for a rebound to close. not sure as this is counter-trend call, not easy to be right.

Re: 09/09/2011 Intraday Watering

Posted: Fri Sep 09, 2011 3:08 pm
by janez
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.

Re: 09/09/2011 Intraday Watering

Posted: Fri Sep 09, 2011 3:08 pm
by Cobra
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:

Re: 09/09/2011 Intraday Watering

Posted: Fri Sep 09, 2011 3:11 pm
by Tabby
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:

Re: 09/09/2011 Intraday Watering

Posted: Fri Sep 09, 2011 3:19 pm
by BullBear52x
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.

Re: 09/09/2011 Intraday Watering

Posted: Fri Sep 09, 2011 3:19 pm
by Al_Dente
May be near time to cover. Bloomberg is now chirping about how the mrkt is "going to break down here."

Re: 09/09/2011 Intraday Watering

Posted: Fri Sep 09, 2011 3:20 pm
by janez
Just do not feel there is more down here. Take risk to go long.

Re: 09/09/2011 Intraday Watering

Posted: Fri Sep 09, 2011 3:20 pm
by KENA
Closed out for the weekend.Cobra, thanks for the week.Everyone have a nice weekend.We can all buy back in Mon.

i'm out and done

Posted: Fri Sep 09, 2011 3:21 pm
by qtipped
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.

Re: 09/09/2011 Intraday Watering

Posted: Fri Sep 09, 2011 3:25 pm
by heavenskrow
I see weakness, cant close above 5min 20MA weighted by volume

Re: 09/09/2011 Intraday Watering

Posted: Fri Sep 09, 2011 3:27 pm
by heavenskrow
maybe fill all these gaps and then BAM!

Re: 09/09/2011 Intraday Watering

Posted: Fri Sep 09, 2011 3:32 pm
by MajorEasy
a trader on bloomberg just said:
the S&P's range is 1100 to 1200,
he said, 1100 will be tested

Re: 09/09/2011 Intraday Watering

Posted: Fri Sep 09, 2011 3:33 pm
by jaaawf
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

Re: i'm out and done

Posted: Fri Sep 09, 2011 3:34 pm
by Al_Dente
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

Re: 09/09/2011 Intraday Watering

Posted: Fri Sep 09, 2011 3:38 pm
by ukarlewitz
CPC will likely close to the recent high, 1.45 now

Re: 09/09/2011 Intraday Watering

Posted: Fri Sep 09, 2011 3:40 pm
by MajorEasy
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