12/01/2011 Intraday Watering

[MrMiyagi]

L_T;
What setting is that TNA chart on?

[Me XMan]

Sideway (consolidation) and rocket tomorrow? Careful there friend.

Based on 5-min cloud, now market needs a new big wave up or we go down from here

[Me XMan]

Hmmm...not a bad range

buy stop spy $125.35. stop loss 124.90. target $125.85 a=c

[MrMiyagi]

Pathetic SPY volume action

[quientuves]

Based on 5-min cloud, now market needs a new big wave up or we go down from here

Agree and say more. 1185 next.... 50 points up or down... yeah, i'm that good.

CObra, 3 push up now 2 push down?? oh, say yeah! nah, nah, nah!...

[Me XMan]

Easy there paper tiger.

1376-1245 = 130

only 130 spx points to go. damn it, missed the damn train from 1158. who's crying with me?

[cougar]

Yo Baron von SantaBB52x: real dudes don’t “go shopping”
http://www.youtube.com/watch?v=ewx0kWCp ... re=related

they do however need frequent updates on chop days
http://stockcharts.com/h-sc/ui?s=SPY&p= ... =245360380

Great, Al!
Today was a day-traders’ paradise!

I used the UPRO 1 min chart, not to day trade, but to slowly construct a new time spread:
Long SPY Dec 17 puts
Short SPY Dec 09 puts

UPRO update:

[luckystar2006]

Not sure anybody noticed this pattern. 8 green boxes on uptrend and followed by 8 red boxes on downtrend. Now, we just completed green box #2. Yet, market spiked up huge for green box #1 and #2 similar to those in the past.

[BullBear52x]

Yo Baron von SantaBB52x: real dudes don’t “go shopping”
http://www.youtube.com/watch?v=ewx0kWCp ... re=related

they do however need frequent updates on chop days
http://stockcharts.com/h-sc/ui?s=SPY&p= ... =245360380

Great, Al!
Today was a day-traders’ paradise!

I used the UPRO 1 min chart, not to day trade, but to slowly construct a new time spread:
Long SPY Dec 17 puts
Short SPY Dec 09 puts

UPRO update:

Nice! Cougar, you need to post more often.

[Cobra]

too bad, failed on the 2nd try and the 2nd try failed at its own 2nd try.

[MrMiyagi]

So what do you expect now Cobra?

[cougar]

Thanx BullBear!
Yes, I'll try!

[soku]

i think i deleted my avatar.
how to change it?

[BullBear52x]

You know? what the Doji will tell the world at this level? bring more yuan?

[jarbo456]

Yo Baron von SantaBB52x: real dudes don’t “go shopping”
http://www.youtube.com/watch?v=ewx0kWCp ... re=related

they do however need frequent updates on chop days
http://stockcharts.com/h-sc/ui?s=SPY&p= ... =245360380

Great, Al!
Today was a day-traders’ paradise!

I used the UPRO 1 min chart, not to day trade, but to slowly construct a new time spread:
Long SPY Dec 17 puts
Short SPY Dec 09 puts

UPRO update:

you're long SPY DEC 117 puts?
short SPY DEC 109 puts?

a bearish debit of .50?

[L_T]

It's a daily Renko style with the bars being 2 points in size rather than the ATR setting. I like it because it's time independent meaning you only get a new bar when the price moves whatever number you set the bar sizing to. Makes spotting inflection points and therefore trend changes and therefore entries/exits much easier.

L_T;
What setting is that TNA chart on?

[Cobra]

So what do you expect now Cobra?

no clue, the bias is still up.

[noob]

So what do you expect now Cobra?

no clue, the bias is still up.

Cobra is waiting for red farm roll day for reversal down

[tdo722]

man, gotta love the high/low overlapping aka corrective nature of human being. wake me up when spy go above $125.34 so I can cash out. or wake me up when spy hits below 124.67 so I can cry.

[KENA]

Welll..Made some breakfast bucks..But thats better then a loss..Now what..Short???? Don't know yet..