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Re: 11/25/2011 Intraday Watering

Posted: Fri Nov 25, 2011 1:58 pm
by wayne0708
Cobra wrote:it's H1 long and possible double bottom, looks promising. praying............................. :roll:
i am praying hard

Re: 11/25/2011 Intraday Watering

Posted: Fri Nov 25, 2011 1:59 pm
by Cobra
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!

Re: 11/25/2011 Intraday Watering

Posted: Fri Nov 25, 2011 2:00 pm
by HighRev
Earth people bears selling (or shorting?) the low volume, holiday hole.

Inverted hammer on the daily.

Re: 11/25/2011 Intraday Watering

Posted: Fri Nov 25, 2011 2:00 pm
by CH37
today, in red, then, Monday would not have another downside gap.
8-) 8-)

Re: 11/25/2011 Intraday Watering

Posted: Fri Nov 25, 2011 2:01 pm
by tdo722
Who's brave enough to hold long over the weekend? lol.

Re: 11/25/2011 Intraday Watering

Posted: Fri Nov 25, 2011 2:02 pm
by MrMiyagi
Not even close to my 116.94$ call today.

Re: 11/25/2011 Intraday Watering

Posted: Fri Nov 25, 2011 2:03 pm
by HighRev
Ouch! Market on close orders!

Add: Marubozo on the weeklies with a gap at the top. Ain't a pretty sight.

Re: 11/25/2011 Intraday Watering

Posted: Fri Nov 25, 2011 2:04 pm
by Cobra
HighRev wrote:uempel, how do you duplicate objects in StockCharts?
click and hold control key.

Re: 11/25/2011 Intraday Watering

Posted: Fri Nov 25, 2011 2:07 pm
by HighRev
Thanks!

Re: 11/25/2011 Intraday Watering

Posted: Fri Nov 25, 2011 2:14 pm
by mac769
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:

Re: 11/25/2011 Intraday Watering

Posted: Fri Nov 25, 2011 2:29 pm
by dcurban1
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.

Re: 11/25/2011 Intraday Watering

Posted: Fri Nov 25, 2011 2:33 pm
by dcurban1
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.

Re: 11/25/2011 Intraday Watering

Posted: Fri Nov 25, 2011 2:49 pm
by Me XMan
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:

Re: 11/25/2011 Intraday Watering

Posted: Fri Nov 25, 2011 3:55 pm
by mozart
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.

Re: 11/25/2011 Intraday Watering

Posted: Fri Nov 25, 2011 10:22 pm
by rpccharts
Buy? EUROPE IS TOAST...... 400 ES is a decent buy target :idea: