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12/07/2011 Intraday Watering

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Cobra
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Re: 12/07/2011 Intraday Watering

Post by Cobra »

well, guess that's it for today. will have to reassess the chart, daily seems a consolidation before a breakout on the upside now, so bears be careful. I'm not bullish but just don't front run. Thanks you guys, I'll see you tomorrow.
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chocobee
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Re: 12/07/2011 Intraday Watering

Post by chocobee »

Al_Dente wrote:
chocobee wrote:Anyone else shorting oil?
WOW: now THAT’S what I call an AVATAR
BTW chocobee, you married ? 8-)

PS: thanks quatzl/BB52x/tapesense for GREAT songs, i got distracted there for a minute by that new (?) avatar
….. while most of our dow “squeezable” stocks are squeezing into the close.
Who needs a man when you can trade your own money? :lol:
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Me XMan
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Re: 12/07/2011 Intraday Watering

Post by Me XMan »

BTW, look at that long tail (reversal) on daily chart and that's bullish signal IMO.
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jarbo456
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Re: 12/07/2011 Intraday Watering

Post by jarbo456 »

hahaha...look at this sell off in the last 90 seconds.

fucking market thieves. :)
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quatzl
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Re: 12/07/2011 Intraday Watering

Post by quatzl »

stucap wrote:
quatzl wrote:Oh good, now we have a quadruple top on the SPY.
not for long, it'll break the top into close.....
That didn't work out. :D
SB73
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Re: 12/07/2011 Intraday Watering

Post by SB73 »

SB73 wrote:Jumped a short on higher high...first position in a day.
Chaching
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Anaconda
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Re: 12/07/2011 Intraday Watering

Post by Anaconda »

Me XMan wrote:At least my squirrel got couple :D
heavenskrow wrote:Who has balls?
Old trader saying: "If it looks like sh*t, smells like sh*t and tastes like sh*t, it's probably sh*t."
This market is screwier than I've seen it in 20 years of trading. I doubled my short position at the quad top. We'll see if I have big balls, or no balls, tomorrow.
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heavenskrow
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Re: 12/07/2011 Intraday Watering

Post by heavenskrow »

one of the more interesting trading days in a while.
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jarbo456
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Re: 12/07/2011 Intraday Watering

Post by jarbo456 »

wow! very close to my overall plan.

close was a little high...ran out of time. 126.65 :( i was hoping for 126.30/40
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jarbo456
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Re: 12/07/2011 Intraday Watering

Post by jarbo456 »

heavenskrow wrote:one of the more interesting trading days in a while.
today was almost a mirror of yesterday.
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CognitiveDissonance
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Re: 12/07/2011 Intraday Watering

Post by CognitiveDissonance »

IMF rumor about 600b dollar bailout caused that move - denied by IMF. Some a$$ turdbag is laughing his a$$ off

I'd like a chat with him :twisted:
Last edited by CognitiveDissonance on Wed Dec 07, 2011 5:02 pm, edited 1 time in total.
@cognitivebias1
michelangelo
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Re: 12/07/2011 Intraday Watering

Post by michelangelo »

IMF denies the Nikkei report.
SB73
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Re: 12/07/2011 Intraday Watering

Post by SB73 »

SB73 wrote:
SB73 wrote:Jumped a short on higher high...first position in a day.
Chaching
holding short overnight...IMO the top is very, very close
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Me XMan
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Re: 12/07/2011 Intraday Watering

Post by Me XMan »

My prediction is I'm gonna have 2 legged sleep tonight! :D
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soku
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Re: 12/07/2011 Intraday Watering

Post by soku »

CognitiveDissonance wrote:IMF rumor about 600b dollar bailout caused that move - denied by IMF. Some a$$ turdbag is laughing his a$$ off

I'd like a chat with him :twisted:
cc me on that. :D
last time ft, today nikkei. i am sure there will be a next time
The goal is not uniformity. It is understanding and idea exchange.
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Al_Dente
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Re: 12/07/2011 Intraday Watering

Post by Al_Dente »

chocobee wrote:
Al_Dente wrote:
chocobee wrote:Anyone else shorting oil?
WOW: now THAT’S what I call an AVATAR
BTW chocobee, you married ? 8-)
PS: thanks quatzl/BB52x/tapesense for GREAT songs, i got distracted there for a minute by that new (?) avatar
….. while most of our dow “squeezable” stocks are squeezing into the close.
Who needs a man when you can trade your own money? :lol:
:lol: :lol: :lol: :lol:
please post more often
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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jarbo456
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Re: 12/07/2011 Intraday Watering

Post by jarbo456 »

michelangelo wrote:IMF denies the Nikkei report.
of course it did. who the fuck is the nikkei? in fact, the "english" version of it is a joint venture with McGraw Hill Company.

if the IMF was going to make an announcement, why the hell would it choose a publication with a readership of about 10 that consists of sloppy expats living in japan?
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chocobee
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Re: 12/07/2011 Intraday Watering

Post by chocobee »

cougar wrote:
chocobee wrote:
cougar wrote:
chocobee wrote:Anyone else shorting oil?
Got a signal to short CRR, which was for a long time my favorite oil Co.
Now it is subjected to "fear of fracing"..
Awesome. Sold DGP and bought SCO today - just 1000 shares but plan to hold overnight.
Sounds good! Good luck!
Here is CRR:
Thanks - I love your TA.
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dcurban1
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Re: 12/07/2011 Intraday Watering

Post by dcurban1 »

This market gets more and more confusing. It is like 'WE CAN'T LET THIS GO DOWN!!!!' with all these BOD and EOD spikes.

As for the IMF, I read that the ECB will not be funding whatever they have planned but the EU member states through the IMF. Big difference here as if Europe breaks up it will be easy to figure out what debt belongs to whom.

It is on their wiki:

http://en.wikipedia.org/wiki/European_F ... ommitments

"The table below shows the current maximum level of joint and several guarantees for capital given by the Eurozone countries. The amounts are based on the European Central Bank capital key weightings. "

"In addition to the capital guarantees shown in the table, the enlarged EFSF agreement holds the guarantor countries responsible for all interest costs of the issued EFSF bonds, in contrast to the original EFSF structure, significantly expanding the potential taxpayer liabilities."
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TWT
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Re: 12/07/2011 Intraday Watering

Post by TWT »

DAX : Tomorrow we shall know if the bottom is in place ..........

Double ZZ or ABC completed ????? it will depend if the strong bounce is impulsive or corrective ........
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