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11/16/2011 Intraday Watering

Re: 11/16/2011 Intraday Watering

Postby ddd » Wed Nov 16, 2011 4:50 pm

Volume isn't bad...need more for a possible bottom.
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Re: 11/16/2011 Intraday Watering

Postby qtipped » Wed Nov 16, 2011 4:50 pm

kaiboliu wrote:anyone holding short over night?


I am and will jinx you all shorts!!

:lol:
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Re: 11/16/2011 Intraday Watering

Postby MrMiyagi » Wed Nov 16, 2011 4:50 pm

Downgrade news will be old news by tomorrow, should reverse and go green.
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Re: 11/16/2011 Intraday Watering

Postby SB73 » Wed Nov 16, 2011 4:50 pm

Cobra,

What does this mean?

"there's more and in case gap down again tomorrow, then better not to hope we have sharp reversal again, after all prime ministers are limited."
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Re: 11/16/2011 Intraday Watering

Postby rpccharts » Wed Nov 16, 2011 4:51 pm

Stocks getting hammered late

This is getting silly….the market is reacting to that story about Fitch seeing risks to the US banks from Europe. Duh.

Buying some calls at close on 3x etf bulls
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Re: 11/16/2011 Intraday Watering

Postby qtipped » Wed Nov 16, 2011 4:52 pm

my guess is that someone in congress already know the jobless claim numbers for tomorrow and have traded short in advance...their brokers and friends have learned about it as well and are all dumping their shares....
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Re: 11/16/2011 Intraday Watering

Postby fehro » Wed Nov 16, 2011 4:53 pm

Targets?... Grey Channel?.. H&S measures to 1215 ....then there's the triangle break..
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Re: 11/16/2011 Intraday Watering

Postby Petsamo » Wed Nov 16, 2011 4:54 pm

kaiboliu wrote:anyone holding short over night?

There are possible reasons for a gap up. SPY is still in the triangle, and overseas markets have had so many red candlesticks, they're due for a white candlestick, just like we were due for a red candlestick.
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Re: 11/16/2011 Intraday Watering

Postby gabor » Wed Nov 16, 2011 4:54 pm

SB73 wrote:Cobra,

What does this mean?

"there's more and in case gap down again tomorrow, then better not to hope we have sharp reversal again, after all prime ministers are limited."

It means "Game over for bulls".
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Re: 11/16/2011 Intraday Watering

Postby Dow Trader » Wed Nov 16, 2011 4:55 pm

Daily ( warning for bulls ) 8-)
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Re: 11/16/2011 Intraday Watering

Postby L_T » Wed Nov 16, 2011 4:55 pm

Have we fallen out of the triangle yet?
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Re: 11/16/2011 Intraday Watering

Postby Cobra » Wed Nov 16, 2011 4:55 pm

continue down after a pause as I said. no time now, just hopefully I could finally find something to say tonight.
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Re: 11/16/2011 Intraday Watering

Postby alvian33 » Wed Nov 16, 2011 4:55 pm

L_T wrote:Have we fallen out of the triangle yet?


we are just there
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Re: 11/16/2011 Intraday Watering

Postby PLUNGE » Wed Nov 16, 2011 4:56 pm

99er wrote:And here's Honey skiing today.

http://www.youtube.com/watch?v=6LCui2jqng0

And the team http://www.youtube.com/watch?v=Gy1MNJYQ6PA

Have a good one.


99er, That's what I'm talkin' bout! Honey lookin' good on snow.
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Re: 11/16/2011 Intraday Watering

Postby HappyFriday » Wed Nov 16, 2011 4:58 pm

You should love RMBS at $4
DOWN $14 !!!!!!!!
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Re: 11/16/2011 Intraday Watering

Postby Dow Trader » Wed Nov 16, 2011 4:58 pm

L_T wrote:Have we fallen out of the triangle yet?



8-)
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Re: 11/16/2011 Intraday Watering

Postby Cobra » Wed Nov 16, 2011 4:58 pm

well, guess that's it for today. we've seen 3 gap down in a row, so chances are for another gap down tomorrow is not high, but in case indeed, then better not to hope a reversal again. Thank you guys, I'll see you tomorrow.
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Re: 11/16/2011 Intraday Watering

Postby gabor » Wed Nov 16, 2011 4:59 pm

L_T wrote:Have we fallen out of the triangle yet?

Not yet. Tomorrow.
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Re: 11/16/2011 Intraday Watering

Postby Ed02 » Wed Nov 16, 2011 4:59 pm

Cobra wrote:continue down after a pause as I said. no time now, just hopefully I could finally find something to say tonight.


Cobra, for today's case, did your portfolio open a position for TNA?
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Re: 11/16/2011 Intraday Watering

Postby BullBear52x » Wed Nov 16, 2011 5:00 pm

Thanks Cobra and everyone, GLTA
My comments are for entertainment/educational purpose only. NOT a trade advice.
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