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11/25/2011 Intraday Watering

Re: 11/25/2011 Intraday Watering

Postby wayne0708 » Fri Nov 25, 2011 1:58 pm

Cobra wrote:it's H1 long and possible double bottom, looks promising. praying............................. :roll:

i am praying hard
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Re: 11/25/2011 Intraday Watering

Postby Cobra » Fri Nov 25, 2011 1:59 pm

a failed double bottom would mean continue down hard because all those bulls who took the bait would have to cut when the pattern failed thus a sharp breakdown below double bottom low. I think that's it for today, the bottom line, the low wasn't in yet, even though we may see huge rebound soon. Thank you guys, I'll see you the next Monday. Have a great Thanksgiving holiday!
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Re: 11/25/2011 Intraday Watering

Postby HighRev » Fri Nov 25, 2011 2:00 pm

Earth people bears selling (or shorting?) the low volume, holiday hole.

Inverted hammer on the daily.
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Re: 11/25/2011 Intraday Watering

Postby CH37 » Fri Nov 25, 2011 2:00 pm

today, in red, then, Monday would not have another downside gap.
8-) 8-)
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Re: 11/25/2011 Intraday Watering

Postby tdo722 » Fri Nov 25, 2011 2:01 pm

Who's brave enough to hold long over the weekend? lol.
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Re: 11/25/2011 Intraday Watering

Postby MrMiyagi » Fri Nov 25, 2011 2:02 pm

Not even close to my 116.94$ call today.
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Re: 11/25/2011 Intraday Watering

Postby HighRev » Fri Nov 25, 2011 2:03 pm

Ouch! Market on close orders!

Add: Marubozo on the weeklies with a gap at the top. Ain't a pretty sight.
Last edited by HighRev on Fri Nov 25, 2011 2:06 pm, edited 1 time in total.
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Re: 11/25/2011 Intraday Watering

Postby Cobra » Fri Nov 25, 2011 2:04 pm

HighRev wrote:uempel, how do you duplicate objects in StockCharts?


click and hold control key.

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Re: 11/25/2011 Intraday Watering

Postby HighRev » Fri Nov 25, 2011 2:07 pm

Thanks!
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Re: 11/25/2011 Intraday Watering

Postby mac769 » Fri Nov 25, 2011 2:14 pm

Anaconda wrote:A break of 2 standard deviations from the mean, within 2 days? If so, this market really, really wants to go lower. Watch closely... And good luck.


I agree, we still have some days left for the LOW, somewhere around 1120, and IF this fails, then we can go much much lower....

Also, the bulls look REALLY weak, they cannot even get their act together on a very low volume day with very positive historical performance :ugeek:
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Re: 11/25/2011 Intraday Watering

Postby dcurban1 » Fri Nov 25, 2011 2:29 pm

tdo722 wrote:Who's brave enough to hold long over the weekend? lol.


I nibbled at a gold stock. Valuations are just ridiculous at these levels.
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Re: 11/25/2011 Intraday Watering

Postby dcurban1 » Fri Nov 25, 2011 2:33 pm

The late day selloff came on news the Belgium has been downgraded.

Portugal yesterday and Belgium today.

Let's hope this is all the bad news and we can get a rally next week.
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Re: 11/25/2011 Intraday Watering

Postby Me XMan » Fri Nov 25, 2011 2:49 pm

Buy when others are afraid?

mac769 wrote:
Anaconda wrote:A break of 2 standard deviations from the mean, within 2 days? If so, this market really, really wants to go lower. Watch closely... And good luck.


I agree, we still have some days left for the LOW, somewhere around 1120, and IF this fails, then we can go much much lower....

Also, the bulls look REALLY weak, they cannot even get their act together on a very low volume day with very positive historical performance :ugeek:
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Re: 11/25/2011 Intraday Watering

Postby mozart » Fri Nov 25, 2011 3:55 pm

The closing doesn't look promising for next week. More downside.
Some heavy selling in last 15min on Dow, just like Wed.
Dow, last minute, volume was 17.89 mil, big red bar.
It looks like liquidation on the way to me.
Liquidity is drying up, failed auction of German bonds the other day.
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Re: 11/25/2011 Intraday Watering

Postby rpccharts » Fri Nov 25, 2011 10:22 pm

Buy? EUROPE IS TOAST...... 400 ES is a decent buy target :idea:
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