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10/19/2011 Intraday Watering

10/19/2011 Intraday Watering

Postby Cobra » Wed Oct 19, 2011 9:01 am

Flat open plus most gaps after a Major Accumulation Day got filled the same day so most likely the gap should be filled.

Global ES is having the 2nd try, well, the 3rd try on the previous high so kind of key time, bulls need a decisive breakout which if indeed, I bet most bears would give up in despair. This market is designed to upset bears the most, so usually what bears are most afraid of the market does what, well, let's see.
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Re: 10/19/2011 Intraday Watering

Postby simpletrader » Wed Oct 19, 2011 9:05 am

Cobra wrote:Flat open plus most gaps after a Major Accumulation Day got filled the same day so most likely the gap should be filled.

Global ES is having the 2nd try, well, the 3rd try on the previous high so kind of key time, bulls need a decisive breakout which if indeed, I bet most bears would give up in despair. This market is designed to upset bears the most, so usually what bears are most afraid of the market does what, well, let's see.



hard to be a bear, I guess
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Re: 10/19/2011 Intraday Watering

Postby msbinter » Wed Oct 19, 2011 9:07 am

Usd . mismo patron que el 2008 .
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Re: 10/19/2011 Intraday Watering

Postby Al_Dente » Wed Oct 19, 2011 9:07 am

Morning Boss
Look how much CASH CASH appl has, oy
http://www.zerohedge.com/news/apple-tot ... e-9-months
Now MS beats estimate
Now Bloomberg anchor: “watch the bond market… Italy, spain, greece…” hope someone on board will chirp updates on that one…I can hardly keep up and mkt not even near open
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Re: 10/19/2011 Intraday Watering

Postby Dow Trader » Wed Oct 19, 2011 9:08 am

GM,
looks like we will have a boring day 8-)
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Re: 10/19/2011 Intraday Watering

Postby agnosia » Wed Oct 19, 2011 9:11 am

morning guys. yesterday some of us were interested in how much each sector weighed on the s+p ( for those that trade the spy and /es futures ) and i found this from bespoke. as you can see financials are only second to technology which is why the XLF and BAC were able to lift the indexes yesterday. you'll note from cobra's report yesterday that rsp was lagging and this would explain that ...

http://www.bespokeinvest.com/thinkbig/2 ... cials.html
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Re: 10/19/2011 Intraday Watering

Postby AK84 » Wed Oct 19, 2011 9:12 am

GM Cobra and everyone!

Rainy and gloomy here in Manhattan ! Reminds me of London :x
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Re: 10/19/2011 Intraday Watering

Postby Dow Trader » Wed Oct 19, 2011 9:13 am

For today, I think ES will see more active trades if above 1230 or below 1213 . trading between those level will not have much volume 8-)
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Re: 10/19/2011 Intraday Watering

Postby stucap » Wed Oct 19, 2011 9:13 am

Dow Trader wrote:GM,
looks like we will have a boring day 8-)


I hope I'm sensing sarcasm
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Re: 10/19/2011 Intraday Watering

Postby Al_Dente » Wed Oct 19, 2011 9:14 am

agnosia wrote:morning guys. yesterday some of us were interested in how much each sector weighed on the s+p ( for those that trade the spy and /es futures ) and i found this from bespoke. as you can see financials are only second to technology which is why the XLF and BAC were able to lift the indexes yesterday. you'll note from cobra's report yesterday that rsp was lagging and this would explain that ...

http://www.bespokeinvest.com/thinkbig/2 ... cials.html

Thanks for that… also BAC is still at TOP of our list of “highest short interest” stocks again this month
Did bberg “senior analyst” just say “20 million” folks will be upgrading their i-phone…. 20m??
And me still on rotary dial
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Re: 10/19/2011 Intraday Watering

Postby stucap » Wed Oct 19, 2011 9:14 am

Dow Trader wrote:For today, I think ES will see more active trades if above 1230 or below 1213 . trading between those level will not have much volume 8-)


I think everyone is watching the NQ today --- if the ES makes a new high without the NQ we'd have divergence...
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Re: 10/19/2011 Intraday Watering

Postby 99er » Wed Oct 19, 2011 9:15 am

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Re: 10/19/2011 Intraday Watering

Postby cougar » Wed Oct 19, 2011 9:17 am

AAPL’s Gann squares updated…where the rejection at the top of the 3rd square is now obvious.
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Re: 10/19/2011 Intraday Watering

Postby tdo722 » Wed Oct 19, 2011 9:19 am

Is copper still considered an indicator for the economy? It dropped very badly since yesterday's high. But then again, the EUR broke out.
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Re: 10/19/2011 Intraday Watering

Postby cougar » Wed Oct 19, 2011 9:20 am

QLD’s dependence on AAPL was obvious in the after-hours trades.
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Re: 10/19/2011 Intraday Watering

Postby cougar » Wed Oct 19, 2011 9:22 am

NDX should be ready for a breakout…but will it happen, in the present international mess?
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Re: 10/19/2011 Intraday Watering

Postby 99er » Wed Oct 19, 2011 9:25 am

Mess? What mess?
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Re: 10/19/2011 Intraday Watering

Postby Al_Dente » Wed Oct 19, 2011 9:27 am

Are germany and eur/usd dumping?
Per streaming link u got yest
http://www.forexpros.com/charts/real-ti ... res-charts
am not good enuf reading futures yet, help?
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Re: 10/19/2011 Intraday Watering

Postby Dow Trader » Wed Oct 19, 2011 9:28 am

stucap wrote:
Dow Trader wrote:GM,
looks like we will have a boring day 8-)


I hope I'm sensing sarcasm

Check the circle area, and check the red ( resistance ) and the green ( support ), when you have a pattern like that with last 3 trading day's have a big candle in the daily, and traders are waiting to see a big action today, but I think the market will stay near the circle area at least for today, but as I saud, above 1230 or below 1213 in ES will see more volume activity and then we might see some real action.
bottom line, ES in a strong small range now so far.
this is what I ment by saying " looks like we will have a boring day " 8-)
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Re: 10/19/2011 Intraday Watering

Postby cougar » Wed Oct 19, 2011 9:29 am

99er wrote:Mess? What mess?



Europe?!...or this is now just one country? LOL!
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