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09/14/2011 Intraday Watering

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qtipped
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Re: 09/14/2011 Intraday Watering

Post by qtipped »

Cobra wrote:target reached, still think there should be a pullback of some kind here.
on the weekly candle sticks 118 is a pretty strong resistance.
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MajorEasy
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Re: 09/14/2011 Intraday Watering

Post by MajorEasy »

bullish but just barely bullish
3,000 tick bar
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914 bullish.png
the market's goal is to distribute the wealth of many to as few hands as possible
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KENA
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Re: 09/14/2011 Intraday Watering

Post by KENA »

I can't see the mkt pushing up much.The Futures are still red and the USD is up .23.Anything can happen so wait and see.
Tabby
Posts: 924
Joined: Tue Feb 15, 2011 5:09 pm

Re: 09/14/2011 Intraday Watering

Post by Tabby »

proteus46 wrote:
Tabby wrote:
BullBear52x wrote:You know our world is changing when you see the capitalists societies turns to communist China for hand outs.
That was excatly my thoughts. How come all these who don't like cummunism, they ask for help from China.Obviously capitalist don't know how to check and balance.
I love my country, however, the nature of capitalism is to allow all to take the path of maximum wealth. Unfortunately, it allowed complex
financial structures that few understood and it allowed many to become too wealthy too soon (buying large homes that were out of their price range).

The collapse was inevitable as we lost our manufacturing base and we lost jobs to other countries in the past 10+ years.

Ironically, the SPX has gone nowhere since 2000.
Your country is my country too and I love it as well but I don't understand when everything fails why U.S, Italy , Greece and etc are all heading to China to borrow money? Something is wrong in this equation. If China decides not bailout , who else will be?
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BullBear52x
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Re: 09/14/2011 Intraday Watering

Post by BullBear52x »

Tabby wrote:
proteus46 wrote:
Tabby wrote:
BullBear52x wrote:You know our world is changing when you see the capitalists societies turns to communist China for hand outs.
That was excatly my thoughts. How come all these who don't like cummunism, they ask for help from China.Obviously capitalist don't know how to check and balance.
I love my country, however, the nature of capitalism is to allow all to take the path of maximum wealth. Unfortunately, it allowed complex
financial structures that few understood and it allowed many to become too wealthy too soon (buying large homes that were out of their price range).

The collapse was inevitable as we lost our manufacturing base and we lost jobs to other countries in the past 10+ years.

Ironically, the SPX has gone nowhere since 2000.
Your country is my country too and I love it as well but I don't understand when everything fails why U.S, Italy , Greece and etc are all heading to China to borrow money? Something is wrong in this equation. If China decides not bailout , who else will be?
China just say no to Spain.
My comments are for entertainment/educational purpose only. NOT a trade advice.
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Al_Dente
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Joined: Thu Jul 21, 2011 2:29 pm

Re: 09/14/2011 Intraday Watering

Post by Al_Dente »

The bears like this chart … I mean the bulls
http://stockcharts.com/h-sc/ui?s=SPY&p= ... listNum=15
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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waverider
Posts: 863
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Re: 09/14/2011 Intraday Watering

Post by waverider »

proteus46 wrote:
Tabby wrote:
BullBear52x wrote:You know our world is changing when you see the capitalists societies turns to communist China for hand outs.
That was excatly my thoughts. How come all these who don't like cummunism, they ask for help from China.Obviously capitalist don't know how to check and balance.
I love my country, however, the nature of capitalism is to allow all to take the path of maximum wealth. Unfortunately, it allowed complex
financial structures that few understood and it allowed many to become too wealthy too soon (buying large homes that were out of their price range).

The collapse was inevitable as we lost our manufacturing base and we lost jobs to other countries in the past 10+ years.

Ironically, the SPX has gone nowhere since 2000.
It's not capitalistm in general, it's the american financial institutions that should have restricted leverage, and paid their creative employees based on their performance. Hence taking on less risk and trading, perhaps as if it was their own account.

Anyways picked up some TNA at 41.1 and sold @41.79 after it went sideways @42. Perhaps too early but no ones ever lost money taking a profit. :D

Thanks for the great charts Cobra and all
"The only way to get a real education in the market is to invest cash, track your trade, and study your mistakes"

-Jesse Livermore
laoguo
Posts: 65
Joined: Wed Sep 14, 2011 9:16 am

Re: 09/14/2011 Intraday Watering

Post by laoguo »

where is heavenskrow? :?:
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BullBear52x
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Re: 09/14/2011 Intraday Watering

Post by BullBear52x »

Al_Dente wrote:The bears like this chart … I mean the bulls
http://stockcharts.com/h-sc/ui?s=SPY&p= ... listNum=15
Bulls can not afford a daily Doji, RED or Black can dle of any form.
My comments are for entertainment/educational purpose only. NOT a trade advice.
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bushwaffle
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Re: 09/14/2011 Intraday Watering

Post by bushwaffle »

did we just get lower high on 5min, 3 push up? Pullback now?
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KENA
Posts: 2996
Joined: Tue Feb 15, 2011 1:54 pm

Re: 09/14/2011 Intraday Watering

Post by KENA »

It looks like right now the mkt direction is all about Europe and the telephone call between the countries taking place now.I guess we are the tail of the dog.Whatever that saying is.
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proteus46
Posts: 190
Joined: Mon Jun 06, 2011 4:12 pm

Re: 09/14/2011 Intraday Watering

Post by proteus46 »

BullBear52x wrote:
Tabby wrote:
proteus46 wrote:
Tabby wrote:
BullBear52x wrote:You know our world is changing when you see the capitalists societies turns to communist China for hand outs.
That was excatly my thoughts. How come all these who don't like cummunism, they ask for help from China.Obviously capitalist don't know how to check and balance.
I love my country, however, the nature of capitalism is to allow all to take the path of maximum wealth. Unfortunately, it allowed complex
financial structures that few understood and it allowed many to become too wealthy too soon (buying large homes that were out of their price range).

The collapse was inevitable as we lost our manufacturing base and we lost jobs to other countries in the past 10+ years.

Ironically, the SPX has gone nowhere since 2000.
Your country is my country too and I love it as well but I don't understand when everything fails why U.S, Italy , Greece and etc are all heading to China to borrow money? Something is wrong in this equation. If China decides not bailout , who else will be?
China just say no to Spain.
China has recently told a lot of countries to get their house in order. They won't sacrifice their own country to save the world. So either, the world
will change, meaning, accept less wealth and drop their standard of living or riots may grow towards revolutions.
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heavenskrow
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Re: 09/14/2011 Intraday Watering

Post by heavenskrow »

laoguo wrote:where is heavenskrow? :?:
right here sitting in slight pain!
Nasdaq 100 is about to break some big resistance.
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Cobra
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Re: 09/14/2011 Intraday Watering

Post by Cobra »

no comments, let's see how this 3rd push up goes.
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BullTart
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Re: 09/14/2011 Intraday Watering

Post by BullTart »

Approaching a very important point here... failed at the first attempt.

Bulls need to break through this resistance to set a new trend upwards. Let's see if they can do it.

Still holding long TVIX positions from yesterday- if we blow through this resistance on volume, will be forced to close my positions.
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99er
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Re: 09/14/2011 Intraday Watering

Post by 99er »

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BullBear52x
Posts: 29511
Joined: Tue Feb 22, 2011 3:47 pm

Re: 09/14/2011 Intraday Watering

Post by BullBear52x »

Ironically, the SPX has gone nowhere since 2000.[/quote]
Your country is my country too and I love it as well but I don't understand when everything fails why U.S, Italy , Greece and etc are all heading to China to borrow money? Something is wrong in this equation. If China decides not bailout , who else will be?[/quote]
China just say no to Spain.[/quote]

China has recently told a lot of countries to get their house in order. They won't sacrifice their own country to save the world. So either, the world
will change, meaning, accept less wealth and drop their standard of living or riots may grow towards revolutions.[/quote]
Spain is too big to fail, over 100 million people. Greece is dingy problem in comparison.
My comments are for entertainment/educational purpose only. NOT a trade advice.
laoguo
Posts: 65
Joined: Wed Sep 14, 2011 9:16 am

Re: 09/14/2011 Intraday Watering

Post by laoguo »

heavenskrow wrote:
laoguo wrote:where is heavenskrow? :?:
right here sitting in slight pain!
Nasdaq 100 is about to break some big resistance.
I see a neg div on SPY 30min, and H&S on 5min. Hope your pain will ease soon.
BTW, I read your blog; very intuitive! :)
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