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10/13/2011 Intraday Watering

Re: 10/13/2011 Intraday Watering

Postby rola » Thu Oct 13, 2011 3:29 pm

BULL TRAP??
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Re: 10/13/2011 Intraday Watering

Postby SB73 » Thu Oct 13, 2011 3:30 pm

1208 stop barely worked...this is setting up for one helluva nasty reversal...It may make a new high yet, but the bull bet is getting very scary. I have removed all hedges.
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Re: 10/13/2011 Intraday Watering

Postby ddd » Thu Oct 13, 2011 3:32 pm

If we finish around here or higher tomorrow could be another range bound day, much like today. If we go down to end LOD, tomorrow could be an up day.
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Re: 10/13/2011 Intraday Watering

Postby spuderik » Thu Oct 13, 2011 3:32 pm

just got a text from a friend who works at Amgen. 10% layoffs across the board in R&D are coming by end of month. they broke the news to employees today, not known yet in media. i doubt anyone here is trading biotech, but just in case.
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Re: 10/13/2011 Intraday Watering

Postby BullTart » Thu Oct 13, 2011 3:32 pm

Once again, big money selling into the close. Reminiscent of yesterday.

Ignore this activity at your own peril. Big money unloading after spending the whole day dragging the price up to where they want to kick in the sell proggies.

I expect more unloading to happen into the close here.

Still holding TVIX, actually added some more, and now I am all-in.
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Re: 10/13/2011 Intraday Watering

Postby Cobra » Thu Oct 13, 2011 3:33 pm

well, this should be the lesson when I got too excited. :lol: :shock:
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Re: 10/13/2011 Intraday Watering

Postby Al_Dente » Thu Oct 13, 2011 3:34 pm

little piggy wrote:o'o', breaking failed.. :(
That's right, too soon to call it.

not too soon to call a major dump here.... 3 BIG red bars spy....mmm....unreal
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Re: 10/13/2011 Intraday Watering

Postby Cobra » Thu Oct 13, 2011 3:36 pm

support area now. green line must hold. bulls pray please... :shock:
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Re: 10/13/2011 Intraday Watering

Postby AK84 » Thu Oct 13, 2011 3:36 pm

anyone playing GOOG? if so , how ?
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Re: 10/13/2011 Intraday Watering

Postby Al_Dente » Thu Oct 13, 2011 3:37 pm

spuderik wrote:just got a text from a friend who works at Amgen. 10% layoffs across the board in R&D are coming by end of month. they broke the news to employees today, not known yet in media. i doubt anyone here is trading biotech, but just in case.

ooooooooo, can't touch that, can't trade that
if true "not known yet in media" that is the definition of insider trading
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Re: 10/13/2011 Intraday Watering

Postby silicon_beaver » Thu Oct 13, 2011 3:39 pm

AK84 wrote:anyone playing GOOG? if so , how ?


too late. or at high costs.

typical method is start a straddle if big swing expected.
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Re: 10/13/2011 Intraday Watering

Postby spuderik » Thu Oct 13, 2011 3:41 pm

I don't think it is tradeable anyway, but certainly a good macro point to note on jobs. If biotech is cutting jobs the US is in TROUBLE. Healthcare and its associated industries seem to be the only real safe haven given the aging demographic of US population.
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Re: 10/13/2011 Intraday Watering

Postby Cobra » Thu Oct 13, 2011 3:41 pm

feels no good, may continue down from here. :(
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Re: 10/13/2011 Intraday Watering

Postby agnosia » Thu Oct 13, 2011 3:42 pm

be careful guys this is what just happened in the crude market, they filled the gaps on the charts and sold it hard into the close
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Re: 10/13/2011 Intraday Watering

Postby MM111 » Thu Oct 13, 2011 3:42 pm

Cobra, is it the case you are bullish in the context that we should test the highs again today/tomorrow and then going short.
You just don't want it to go down prematurely before you have time to load up?

Myself, 1220 looked so good!
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Re: 10/13/2011 Intraday Watering

Postby wayne0708 » Thu Oct 13, 2011 3:43 pm

Cobra:
Your evil plan seems too bullish. I am not sure it can happen today or tomorrow.
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Re: 10/13/2011 Intraday Watering

Postby kamukak » Thu Oct 13, 2011 3:44 pm

we going down into close big time
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Re: 10/13/2011 Intraday Watering

Postby silicon_beaver » Thu Oct 13, 2011 3:44 pm

wayne0708 wrote:Cobra:
Your evil plan seems too bullish. I am not sure it can happen today or tomorrow.


If not working this week, it won't work. :D
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Re: 10/13/2011 Intraday Watering

Postby chodaboy19 » Thu Oct 13, 2011 3:44 pm

BullTart wrote:Once again, big money selling into the close. Reminiscent of yesterday.

Ignore this activity at your own peril. Big money unloading after spending the whole day dragging the price up to where they want to kick in the sell proggies.

I expect more unloading to happen into the close here.

Still holding TVIX, actually added some more, and now I am all-in.


What's a good entry point for TVIX?
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Re: 10/13/2011 Intraday Watering

Postby wayne0708 » Thu Oct 13, 2011 3:44 pm

I think if it breaks down of 1200 level, tomorrow will be easily below 1190.
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