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10/20/2011 Intraday Watering

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Cobra
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10/20/2011 Intraday Watering

Post by Cobra »

Gap up but within yesterday's range so chances are the gap will be filled.

Global ES rebounds to test the previous support now resistance, let's see. If somehow the ES manages to test the previous highs around 1230 again, it's the 3rd touch, chances are we'll see a breakout.
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jarbo456
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Re: 10/20/2011 Intraday Watering

Post by jarbo456 »

pretty large downside move right now. there's a chance this market will open flat.
cougar
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Re: 10/20/2011 Intraday Watering

Post by cougar »

“Germany might postpone the EU Summit!” (Die Welt)
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99er
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Re: 10/20/2011 Intraday Watering

Post by 99er »

Good Morning.

So honey...how are our plans for Europe?
EURUSD http://99ercharts.blogspot.com/2011/10/eurusd_20.html

Lookin' good (for today).
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ramram
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Re: 10/20/2011 Intraday Watering

Post by ramram »

HI Cobra -- I am confused -- are you still saying the pullbacj should be 2 legged? Does that mean target of about 1190?
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99er
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Re: 10/20/2011 Intraday Watering

Post by 99er »

And the market?
ES http://99ercharts.blogspot.com/2011/10/es_20.html

Lookin' good (for bears). At least for today.
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GreedyKojiro
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Re: 10/20/2011 Intraday Watering

Post by GreedyKojiro »

Morning Cobra and everyone! Today will be an interesting day, hopefully!
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Cobra
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Re: 10/20/2011 Intraday Watering

Post by Cobra »

ramram wrote:HI Cobra -- I am confused -- are you still saying the pullbacj should be 2 legged? Does that mean target of about 1190?
it was testing the resistance, no breakout yet, so still the pullback should be 2 legged.

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Al_Dente
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Re: 10/20/2011 Intraday Watering

Post by Al_Dente »

Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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silicon_beaver
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Re: 10/20/2011 Intraday Watering

Post by silicon_beaver »

good morning Cobra and everyone.
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jarbo456
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Re: 10/20/2011 Intraday Watering

Post by jarbo456 »

morning al. did you get a chance to decipher much on the http://www.freestockcharts.com/? it looks pretty good.
cougar
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Re: 10/20/2011 Intraday Watering

Post by cougar »

cougar wrote:“Germany might postpone the EU Summit!” (Die Welt)
...and immediately reflected in the moves of QLD pre-market:
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AK84
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Re: 10/20/2011 Intraday Watering

Post by AK84 »

Morning All.

As mentioned yday, H&S on bidu is playing out nicely. Already down $3.70 pre market. Should be more to the 118 area at least.

WYNN daily gap at 121 so watch for that. AMZN 20 DMA at 229 ...break below means more weakness.

Will load up on ISRG on any pullback.

Liking a straddle play on NFLX . Looking for PCLN to break 479 for more down.

Liking CLB as a short under $100 . Liking Chubb Corp (CB) as a long for eranings. trading BWLD as a long above 60$

GLTA!
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GreedyKojiro
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Re: 10/20/2011 Intraday Watering

Post by GreedyKojiro »

Two days ago I mentioned about Libya's social politics. Now Libya's National Transitional Council says Gadhafi dead. Watch on movement on oil companies. They will move back there to reopen business. Libya's the largest oil reserve in Africa and 9th largest in the world.
http://www.google.com/url?sa=t&rct=j&q= ... cdFZ2Uzupg
http://en.wikipedia.org/wiki/Oil_reserves_in_Libya
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Al_Dente
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Re: 10/20/2011 Intraday Watering

Post by Al_Dente »

jarbo456 wrote:
morning al. did you get a chance to decipher much on the http://www.freestockcharts.com/? it looks pretty good.
5 min (spy just for test)
>add indicator
>volatility stop
then >v stop > edit (tweak it to 104/2.0)
still watching and studying, nothing 2 report yet
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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BullBear52x
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Re: 10/20/2011 Intraday Watering

Post by BullBear52x »

GM,
a look at financial, I use XLF as a talking point. see number noted on chart.
1. MA195/200 broke.
2. Sell signal triggered.
3. Sell confirmed.....well turned out to be a bear trap.
4. Retest broken trend line and double top at the same time.

My read, XLF is in short term consolidation phase, to be or not to be I will pay attention to break out or break down 12.97/12.26 zone. why this importance? I believe the move in financial will lead the tells of the future of SPX or the market in near future. What say you?
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Last edited by BullBear52x on Thu Oct 20, 2011 9:28 am, edited 1 time in total.
My comments are for entertainment/educational purpose only. NOT a trade advice.
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GreedyKojiro
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Re: 10/20/2011 Intraday Watering

Post by GreedyKojiro »

GreedyKojiro wrote:Two days ago I mentioned about Libya's social politics. Now Libya's National Transitional Council says Gadhafi dead. Watch on movement on oil companies. They will move back there to reopen business. Libya's the largest oil reserve in Africa and 9th largest in the world.
http://www.google.com/url?sa=t&rct=j&q= ... cdFZ2Uzupg
http://en.wikipedia.org/wiki/Oil_reserves_in_Libya
Just one inside information I want to disclose... I know we are day traders, but one of the factor investors are looking into oil companies is rig count when evaluating the value...
stucap
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Re: 10/20/2011 Intraday Watering

Post by stucap »

Anyone else just see that insane thrust into open? WTF?
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trader0303
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Re: 10/20/2011 Intraday Watering

Post by trader0303 »

Jesus that was insane open move....
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mac769
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Re: 10/20/2011 Intraday Watering

Post by mac769 »

Good morning all

Rumour driven market on the verge of collapsing lower

<script src='http://img443.imageshack.us/shareable/? ... u.png&p=tl' type='text/javascript'></script><noscript>Image</noscript>
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