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12/27/2011 Intraday Watering

uempel
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Re: 12/27/2011 Intraday Watering

Post by uempel »

uempel wrote:
uempel wrote:15 min chart shows a signal in the afternoon. SPX' action until then? I have no idea. Breakout to the upside in order to pull in bears? Or vice versa? My guess is a sideways move and then a liftoff. But it's a mere guess...
The attachment 2.png is no longer available
Signal is at 13.45 pm or 14.00 pm...
Difficult to bet this one, but I'm with the bulls...
4.png
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silicon_beaver
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Re: 12/27/2011 Intraday Watering

Post by silicon_beaver »

SB73 wrote:
silicon_beaver wrote:
SB73 wrote:
waverider wrote:Where are the boys? I think this is the lowest volume monday of the year... :roll:
Volume is totally gone. If Waddell and Reed executed a short here we would have a flash crash.

No vol means high cost for bear, Cobra mentioned.
Are you still short or did you cover. I am sitting this one out. If I am really disciplined I won't trade until January.
Last Friday, I sold all of my TZA positions.
Today, I reloaded them at lower price. This pig is in red whole day but FAZ has been green almost whole day.
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BullBear52x
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Re: 12/27/2011 Intraday Watering

Post by BullBear52x »

KENA wrote:Here is something to chew on..Since Oct/Nov 2010 to now we have been buiding a H & S Pattern on the NYA Monthly chart.It is now just about complete.Thing to remember is long time building and if it breakes to the dn side it will be a long time going dn.If so, long live the Perma Bears. 2012 will be in trouble..Lets wait and see.Take note BB52x and others. Let me know what you think.
I am bearish into 2012, the retailer are scared, before the 1st their inventory ( with 50% off price tag) still stack up, but then again if Market down Obama is Bye bye one termer, so.... uncle Ben and Timmy will have to be working over time to ensure bears will have no easy days. I will be prepared and focus in shorter term trade and be extremely nimble in 2012 that's the plan so far. on NYA monthly? too far out for me to want to comment.
Last edited by BullBear52x on Tue Dec 27, 2011 3:11 pm, edited 1 time in total.
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SB73
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Re: 12/27/2011 Intraday Watering

Post by SB73 »

silicon_beaver wrote:
SB73 wrote:
silicon_beaver wrote:
SB73 wrote:
waverider wrote:Where are the boys? I think this is the lowest volume monday of the year... :roll:
Volume is totally gone. If Waddell and Reed executed a short here we would have a flash crash.

No vol means high cost for bear, Cobra mentioned.
Are you still short or did you cover. I am sitting this one out. If I am really disciplined I won't trade until January.
Last Friday, I sold all of my TZA positions.
Today, I reloaded them at lower price. This pig is in red whole day but FAZ has been green almost whole day.
Small caps are getting toasted today. It almost looks like TZA went 5 minutes without a trade.
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silicon_beaver
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Re: 12/27/2011 Intraday Watering

Post by silicon_beaver »

TZA is in its 3rd leg down this morning. strange.
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BullBear52x
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Re: 12/27/2011 Intraday Watering

Post by BullBear52x »

silicon_beaver wrote:TZA is in its 3rd leg down this morning. strange.
I am shorting TNA so here is IWM chart sellable zone I think, start to load up a little here and there.
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99er
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Re: 12/27/2011 Intraday Watering

Post by 99er »

Last edited by 99er on Tue Dec 27, 2011 6:15 pm, edited 1 time in total.
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Cobra
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Re: 12/27/2011 Intraday Watering

Post by Cobra »

could be 3 push up here, so again, bulls must not fail here.
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Cobra
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Re: 12/27/2011 Intraday Watering

Post by Cobra »

forgot to say, TBT and AUDJPY and RSP are catching up, so bulls not bad despite the possible 3 push up pattern. Anyway, no failure allowed here.
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silicon_beaver
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Re: 12/27/2011 Intraday Watering

Post by silicon_beaver »

BullBear52x wrote:
silicon_beaver wrote:TZA is in its 3rd leg down this morning. strange.
I am shorting TNA so here is IWM chart sellable zone I think, start to load up a little here and there.
It's hard, if impossible, to borrow 3x ETF to short from my broker.
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BullBear52x
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Re: 12/27/2011 Intraday Watering

Post by BullBear52x »

silicon_beaver wrote:
BullBear52x wrote:
silicon_beaver wrote:TZA is in its 3rd leg down this morning. strange.
I am shorting TNA so here is IWM chart sellable zone I think, start to load up a little here and there.
It's hard, if impossible, to borrow 3x ETF to short from my broker.
Shorting couple hundred at a time is easier.
My comments are for entertainment/educational purpose only. NOT a trade advice.
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BullBear52x
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Re: 12/27/2011 Intraday Watering

Post by BullBear52x »

Last chart I got to go out, this is how I see thing base on NYUPV/NYDNV
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Cobra
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Re: 12/27/2011 Intraday Watering

Post by Cobra »

trend line support, but it's clear 3 push up now, so we might see 2 legged down here.
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99er
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Re: 12/27/2011 Intraday Watering

Post by 99er »

Oh...almost forgot.

http://www.youtube.com/watch?v=yge311sFhC8

That jump video.
tdo722
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Re: 12/27/2011 Intraday Watering

Post by tdo722 »

I bought some TZA calls to hedge my long position but so far it does absolutely nothing. Jan 21 expiration.
wayne0708
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Re: 12/27/2011 Intraday Watering

Post by wayne0708 »

99er wrote:Oh...almost forgot.

http://www.youtube.com/watch?v=yge311sFhC8

That jump video.
What a whipsaw! still another leg down Cobra?
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Cobra
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Re: 12/27/2011 Intraday Watering

Post by Cobra »

wayne0708 wrote:
99er wrote:Oh...almost forgot.

http://www.youtube.com/watch?v=yge311sFhC8

That jump video.
What a whipsaw! still another leg down Cobra?
Yes. this rebound is common in 3 push up pattern, if cannot make a higher high then the real pullback begins. A decisive higher high would invalidate the pattern.
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KENA
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Re: 12/27/2011 Intraday Watering

Post by KENA »

Now lets see if we go dn to the 126.38 P bar that showed up at 12:50.
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Cobra
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Re: 12/27/2011 Intraday Watering

Post by Cobra »

key time, bulls cannot fail here because if so, it's clear the failed last push up (4th push) as I said before. Watch the green line below.
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cougar
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Re: 12/27/2011 Intraday Watering

Post by cougar »

99er wrote:Oh...almost forgot.

http://www.youtube.com/watch?v=yge311sFhC8

That jump video.
Volpinacci just said: "Pffffsss..sell! [P=0.7] for close"...
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