12/01/2011 Intraday Watering

[cougar]

VIX had a negated bullish butterfly. It is now under the acceleration band (blue) and just above the MA envelope (67, yellow).
TVIX might be on the way to the 138% extension support = 43.

For both : no action right now! Waiting for clarity…

TVIX hit support level:

I would like to see $VIX >27.5

Right! But for buying VIX calls* I would wait for it to go above 29 = safely inside of my Acceleration Band, on VIX 130 min, posted this morning.
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* VIX calls are quite risky and have a significant spread.

[Petsamo]

I guess this is the dip we're suppose to buy

[BullBear52x]

/ES here a pull back to 61.8% will be healthier than continue up right now.IMO

[Me XMan]

Oh yeah...$124.90 was right on cue.
Get yer cold out and watch that $126.

I guess this is the dip we're suppose to buy

[stingrey]

I guess this is the dip we're suppose to buy

lol...you first...

[Richarab]

Oh yeah...$124.90 was right on cue.
Get yer cold out and watch that $126.

I guess this is the dip we're suppose to buy

JBTFB

[Cobra]

Cobra,
New member here, big fan of your work. I have been reading everyone's comments in the last few months. You guys are great group, thanks for accepting me as a new member
Thanks!

Thanks and welcome aboard.

[BullBear52x]

see some support at 124.5 from there 123.5, below 123.5 is a screaming sell.

[Petsamo]

I guess this is the dip we're suppose to buy

lol...you first...

I made a partial buy

[jimme]

Hi Everyone,

In my last post on Tuesday, I had just bought SDS at the close. I had family problems yesterday, besides my goverment turning against my trade. WOW!! It is really getting hard to trade these "FREE MARKETS". Just venting and looking to add to my bearish position. Thanks to all for the comments and charts.

jimme

[BullBear52x]

every sell there's buy 124.5 last chance for bulls today

[soku]

damn. i did very bad today. wrong 3 times in a row. i give myself a time out. no more trading for today.

[SB73]

What would that be? SPX 1238?

I'll bet we test overnight lows before the next move.

I have it around 1237 to 1238 so lets just say 1240...then close near flat. I should however preface every comment going forward with a "barring massive intervention"

Closing out this mornings short.

[Dow Trader]

long 1240.50 ( scalping )

[uempel]

Today support

Like your clouds Dow Do you set them with the regular figures, stockcharts 9/25/52?

[cougar]

Bulls no more for me.

Yo BB: Let’s look at our Kool Aid Indicators:
Beyonce indicator says buy-the-dips… you know. Lets see what our Justin Bieber indicator says:
http://www.youtube.com/watch?v=oclYJWVr ... re=related
PS: Something happened last couple days. Your charts open larger and more clear, I mean like crystal clear, very nice, thanks
Oh, and the intraday internals
http://stockcharts.com/h-sc/ui?s=SPY&p= ... =249026794

what? a dog say no to justin b.

anyways, intraday sell. SELLSELL

YEP!
...but minutes ago UPRO hit an important support level:

[soku]

my double cloud chart

[Al_Dente]

intraday
http://stockcharts.com/h-sc/ui?s=SPY&p= ... =247748592
http://www.youtube.com/watch?v=0_LNkrlm7T0

[Me XMan]

Stop loss set for $124.5
Sell-stop for $124.4

Oh yeah...$124.90 was right on cue.
Get yer cold out and watch that $126.

I guess this is the dip we're suppose to buy

JBTFB

[Dow Trader]

Today support

Like your clouds Dow Do you set them with the regular figures, stockcharts 9/25/52?

yes regular setup 9/26/52