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11/11/2011 Intraday Watering

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Al_Dente
Posts: 28535
Joined: Thu Jul 21, 2011 2:29 pm

Re: 11/11/2011 Intraday Watering

Post by Al_Dente »

Cobra wrote:
Klarisskin wrote:Cobra, don't you think the law of inertia has been abolished? There should have been some follow through of Wednesday selling, There should have been be a lower close. Instead the market melted straight back up.
bears are not over yet. after an extremely low NYADV readings, there're some cases in the past the market rose 2 days in a row so the next Monday would be the key, another up day would mean there's never going to be a lower close, but now still early to say bears are dead.
Dearest Cobra: get some rest... It’s been a loooong week.
And in case u were wondering, I STILL LOVE YOU
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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Al_Dente
Posts: 28535
Joined: Thu Jul 21, 2011 2:29 pm

Re: 11/11/2011 Intraday Watering

Post by Al_Dente »

JARBO
Cup loud and clear
My daily shows it turned down at 200ma resistance on 10/27 (so testing that again is your 1.40 number?)
Here’s my 15 min (almost) perfect uptrend channel, that is dying to correct downward (?)
http://screencast.com/t/Ncr84BbXC

PS: don’t make me look it up... does cup handle “always” mean continue up or down??
PSS: remember, I only learned how to spell eur/usd last month…. so what am I talking about ?? (did u notice all the question marks in this one little post??)
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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jarbo456
Posts: 2218
Joined: Wed Aug 10, 2011 9:19 am
Location: New York, NY

Re: 11/11/2011 Intraday Watering

Post by jarbo456 »

Al_Dente wrote:JARBO
Cup loud and clear
My daily shows it turned down at 200ma resistance on 10/27 (so testing that again is your 1.40 number?)
Here’s my 15 min (almost) perfect uptrend channel, that is dying to correct downward (?)
http://screencast.com/t/Ncr84BbXC

PS: don’t make me look it up... does cup handle “always” mean continue up or down??
PSS: remember, I only learned how to spell eur/usd last month…. so what am I talking about ?? (did u notice all the question marks in this one little post??)
haha. C&H is a bullish pattern. the measured move i think is the measure from the bottom of the cup to the breakout level.
David Johnson
Posts: 2
Joined: Tue Nov 01, 2011 12:30 pm

Re: 11/11/2011 Intraday Watering

Post by David Johnson »

Cobra wrote:very typical Friday close: shooting high before the close and in AH, in anticipating some really good news in the weekend.
Cobra, I am a newbie. Can you tell me what "AH" means? Thanks.
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Cobra
Site Admin
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Joined: Sat Feb 12, 2011 10:29 pm

Re: 11/11/2011 Intraday Watering

Post by Cobra »

David Johnson wrote:
Cobra wrote:very typical Friday close: shooting high before the close and in AH, in anticipating some really good news in the weekend.
Cobra, I am a newbie. Can you tell me what "AH" means? Thanks.
Welcome aboard.

AH = after hour trading.

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trendfollower
Posts: 98
Joined: Thu Nov 03, 2011 9:58 am

Re: 11/11/2011 Intraday Watering

Post by trendfollower »

Stock market video: "My European Rant".

Major indexes, dollar, and some interesting chart analysis.

Located on video page-second video.

http://stk.ly/vy3Ji6
mozart
Posts: 126
Joined: Sat Oct 15, 2011 9:42 pm
Location: Toronto

Re: 11/11/2011 Intraday Watering

Post by mozart »

Silver, time for another pull back, not much risk of upside.
Some heavy selling at the end.
Just another opinion.
Last edited by mozart on Fri Nov 11, 2011 11:54 pm, edited 1 time in total.
tdo722
Posts: 953
Joined: Wed Oct 05, 2011 3:19 pm

Re: 11/11/2011 Intraday Watering

Post by tdo722 »

man no lower close would be very bad for me :(
tdo722
Posts: 953
Joined: Wed Oct 05, 2011 3:19 pm

Re: 11/11/2011 Intraday Watering

Post by tdo722 »

jarbo456 wrote:hope we get something to help the bears over the weekend.

i have to say i'm worried about the C&H that's forming on EUR/USD. if it does breakout, we could be seeing at least 1.4050/1.4100 - and that means another 30-40 S&P points.
damn it me too. that's the same thing happened to the usd on 10/31 and the usd broke out big time.
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