11/10/2011 Intraday Watering

[Mr. T]

Tomorrow's Vets day = should be no volume. So a miracle rocket? Or no one punching the clock and stopping the drop?

[pady]

Anybody think UCO ( oil ) is a huge short ?

[Dow Trader]

Now based on this 2 red candle, the ES 1237 is confirmed resistance again and the futures contract traded confirm it so far

[chodaboy19]

Watch 123.65..If we break below we have a good try at testing the lows today.

36min left

[MrMiyagi]

Watch 123.65..If we break below we have a good try at testing the lows today.

36min left

124.45$ in 8 minutes my guess.

[h2oskier]

For fun:
http://www.youtube.com/watch?v=GDA708Xl ... re=related

And a little Blue Rodeo:
http://www.youtube.com/watch?v=fHK4ygu2F1I

[CMT]

3-3-3-2 look like it is confirmed for today, 3-3-3-3 tomorrow should be one enormous ride down... My plate is set, going to be hard to sleep tonight!

you're all in shorts? may i ask what you're holding?

Please do not follow without researching this yourself... I'm never this leveraged in one direction but very confident we are about to see 3-3-3-3. Pretty much equal weight in all five

SKF
ZSL
SDS
SRS
EDZ

[MrMiyagi]

Watch 123.65..If we break below we have a good try at testing the lows today.

36min left

124.45$ in 8 minutes my guess.

Make that 3 minutes...

[Cobra]

good, here comes the retest of the previous high as I expected, a little later than I thought but better than nothing. now remember if indeed this is the last revisit, then it would fail at any time while if it breaks the previous high decisively, then we need a new plan, perhaps for tomorrow.

[Me XMan]

Kinda early for stick save? Now?

[BenAndLloyd]

MrMiyagi,
You did that 2 days in a row...congrats!

[MrMiyagi]

MrMiyagi,
You did that 2 days in a row...congrats!

Very short term calls like that are sometimes very evident, I need to start putting more faith and money into that instead of longer shots that I have not mastered yet.

[Dow Trader]

How come market have a succecful uptrend the day after 4% or more drop ? !!! lets wait and see ... by the way the PPo negative cross will clear the view ... for now, lets see how the ES will react to 1237 in the next hour or so ... flat and waiting

[waverider]

MrMiyagi,
You did that 2 days in a row...congrats!

Very short term calls like that are sometimes very evident, I need to start putting more faith and money into that instead of longer shots that I have not mastered yet.

It's hard to say, I would guess up is the path of least resistance short term.

[BlackThought]

cobra, do u have data on how the market performs on veterans day?? thanks. my stock trader's almanac book is at home..

[Petsamo]

F is very oversold relative to SPY or IWM. Anyone know what's going on with them?
If RIMM weren't beating me silly, I'd buy F.

[MrMiyagi]

F is very oversold relative to SPY or IWM. Anyone know what's going on with them?
If RIMM weren't beating me silly, I'd buy F.

Have you ever looked at F's shorts? There is a ton out there, granted there are a lot of shares out period.
They are selling cars like crazy though.

[jarbo456]

anyone know why BLK is kicking some serious butt today?

[silkway]

Fighting hard at 1241.

[L_T]

Weren't they holding a ton of Italian bonds?