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09/13/2011 Intraday Watering

Re: 09/13/2011 Intraday Watering

Postby KENA » Tue Sep 13, 2011 3:19 pm

DO YOU FEEL LIKE WE ARE BEING CONTROLLED???
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Re: 09/13/2011 Intraday Watering

Postby Me XMan » Tue Sep 13, 2011 3:19 pm

:lol: It was first the Chinese then Russian then BRIC?
Soon it's gonna be Martian.

BullTart wrote:"BRICS COUNTRIES IN "VERY PRELIMINARY" TALKS TO COORDINATE PURCHASES OF EURO ZONE SOVEREIGN DEBT - BRAZIL GOV'T SOURCE"

Hmmm... looks like the same type or "rumor" that spiked the market yesterday at around the same time.

But unlike yesterday, the spike has not happened.

Could we have actually run out of chasers to sell the rumors to? That would be very bad.

Or, have we run out of bears with tight triggers for stops? That would be even worse.

Still some time left but not the expected outcome for the rumor news...
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Re: 09/13/2011 Intraday Watering

Postby jarbo456 » Tue Sep 13, 2011 3:20 pm

KENA wrote:DO YOU FEEL LIKE WE ARE BEING CONTROLLED???


again, have to laugh at how obvious this market is running people's positions at the end of the day.
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Re: 09/13/2011 Intraday Watering

Postby Cobra » Tue Sep 13, 2011 3:21 pm

volume surge plus biggest red bar, hopefully a rebound of some kind here.
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Re: 09/13/2011 Intraday Watering

Postby BullTart » Tue Sep 13, 2011 3:22 pm

LULZ.. zero hedge saying the same thing I was alluding to...

http://www.zerohedge.com/news/rumor-fat ... one-minute

While I am long TVIX which is essentially short the market, this is getting dangerous here... I don't want a full blown systemic meltdown, but I am starting to actually worry somewhat with the behavior being exhibited by the markets lately.
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Re: 09/13/2011 Intraday Watering

Postby cougar » Tue Sep 13, 2011 3:24 pm

Very simple: SPY couldn't pass the line in the sand!
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Re: 09/13/2011 Intraday Watering

Postby auger » Tue Sep 13, 2011 3:28 pm

SPY testing rising trendline, near term support.

SPY_RT.png
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Re: 09/13/2011 Intraday Watering

Postby Cobra » Tue Sep 13, 2011 3:30 pm

rebound as I expected but it's much stronger than I thought. Another very strong close? Unbelievable. :roll:
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Re: 09/13/2011 Intraday Watering

Postby jarbo456 » Tue Sep 13, 2011 3:31 pm

or is THIS the end of day short squeeze move once again? 60 cent move in the SPY in 5 minutes.
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Re: 09/13/2011 Intraday Watering

Postby BullBear52x » Tue Sep 13, 2011 3:31 pm

BOOM! got ya moment.

Thanks Cobra and everyone here for great insights

Let it runs, as long as you know where your money is GLTA
My comments are for entertainment/educational purpose only. NOT a trade advice.
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Re: 09/13/2011 Intraday Watering

Postby cougar » Tue Sep 13, 2011 3:33 pm

Yes, unbelievable!
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Re: 09/13/2011 Intraday Watering

Postby mac769 » Tue Sep 13, 2011 3:34 pm

Cobra wrote:volume surge plus overshot, another pullback is possible here, then we'll see, key time as it's the revisit of the previous high.


imho, this is nothing short of insanity

now the inmates are in charge of the asylum

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Re: 09/13/2011 Intraday Watering

Postby StrikePrice » Tue Sep 13, 2011 3:35 pm

Cobra wrote:rebound as I expected but it's much stronger than I thought. Another very strong close? Unbelievable. :roll:


Looks to me like every Wave we have been getting terminates as an Ending Diagonal. One more leg up then the bigger pullback. Probably bad news tomorrow.
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Re: 09/13/2011 Intraday Watering

Postby BullTart » Tue Sep 13, 2011 3:36 pm

WOW!!!!!
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Re: 09/13/2011 Intraday Watering

Postby biotrader » Tue Sep 13, 2011 3:36 pm

Any news?
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Re: 09/13/2011 Intraday Watering

Postby jarbo456 » Tue Sep 13, 2011 3:38 pm

better yet, let's run up 90 cents, to then fall again a dollar. hahaha...we'll just have to wait and see what happens...they're looking for a direction that will make the most people lose the most money.
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Re: 09/13/2011 Intraday Watering

Postby bushwaffle » Tue Sep 13, 2011 3:40 pm

MFHFTM
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Re: 09/13/2011 Intraday Watering

Postby cougar » Tue Sep 13, 2011 3:40 pm

Da Boyz sold zillions of Sep puts at a HUGE premium, due to the high VIX. Now ...they want all the guys who bought them to lose big time at OpEx , when those puts would expire out of the money.
Makes sense???
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Re: 09/13/2011 Intraday Watering

Postby chickencoop » Tue Sep 13, 2011 3:42 pm

cougar wrote:Da Boyz sold zillions of Sep puts at a HUGE premium, due to the high VIX. Now ...they want all the guys who bought them to lose big time at OpEx , when those puts would expire out of the money.
Makes sense???

the wagon is hard to move when there are too many passengers on board. WS tries to dump little bears, it seems.
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Re: 09/13/2011 Intraday Watering

Postby stockcycle » Tue Sep 13, 2011 3:49 pm

If Bulls can make 118 at the close I think they will still keep the ball for the tomorrow match.
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