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01/03/2012 Intraday Watering

Re: 01/03/2012 Intraday Watering

Postby waverider » Tue Jan 03, 2012 3:55 pm

I'd be long notes here, nice bull flag at horizontal support.

Apparently there are some new doves at the FOMC. More inflation would be nice...
Last edited by waverider on Tue Jan 03, 2012 4:07 pm, edited 1 time in total.
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Re: 01/03/2012 Intraday Watering

Postby BullBear52x » Tue Jan 03, 2012 4:02 pm

Here is the gaps, I will not call failed break out until we drop back below so far so good for the bulls, I see no reason to short with no hedge here. I am done today.
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Re: 01/03/2012 Intraday Watering

Postby Al_Dente » Tue Jan 03, 2012 4:10 pm

BullBear52x wrote:Here is the gaps, I will not call failed break out until we drop back below so far so good for the bulls, I see no reason to short with no hedge here. I am done today.

Dude, whatever happened to yr chaise lounge indicator?
Now that yr on stockcharts you’ve forgotten all yr old favorites, heiniken hibachi etc
http://www.youtube.com/watch?v=Tth-8wA3 ... re=related


more chop, even my “stable” new tick guideline is chopping around today
1min http://stockcharts.com/h-sc/ui?s=SPY&p= ... listNum=15
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Re: 01/03/2012 Intraday Watering

Postby Al_Dente » Tue Jan 03, 2012 4:13 pm

silver underwater
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Re: 01/03/2012 Intraday Watering

Postby 99er » Tue Jan 03, 2012 4:15 pm

Well...so much for the January Effect.

AUDJPY http://99ercharts.blogspot.com/2012/01/audjpy.html

It's Risk Off.
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Re: 01/03/2012 Intraday Watering

Postby Petsamo » Tue Jan 03, 2012 4:17 pm

It's looking like another gap up, fellas.
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Re: 01/03/2012 Intraday Watering

Postby SB73 » Tue Jan 03, 2012 4:27 pm

Petsamo wrote:It's looking like another gap up, fellas.


Last 11 years 2nd trading day of the year 7 gaps up and 4 gaps down. Gap up average 0.85%, Gap down average -0.24%. 7 closes in green, 7 closes in red. I don't like the percentages and have closed long...sitting cash now since I know the bulls will make 50 runs at today's high. If you are bear remember you have 30 seconds to close your positions. One thing that is interesting on the hourly chart a triple divergence appears to be setting up on the MACD 12,26,9 plus the hourly RSI and hourly Stoch are overbought. Not good percents for further gains for bulls.
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Re: 01/03/2012 Intraday Watering

Postby jarbo456 » Tue Jan 03, 2012 4:27 pm

Petsamo wrote:It's looking like another gap up, fellas.


basis?

vix is really bothering me today.
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Re: 01/03/2012 Intraday Watering

Postby BullBear52x » Tue Jan 03, 2012 4:32 pm

Al_Dente wrote:
BullBear52x wrote:Here is the gaps, I will not call failed break out until we drop back below so far so good for the bulls, I see no reason to short with no hedge here. I am done today.

Dude, whatever happened to yr chaise lounge indicator?
Now that yr on stockcharts you’ve forgotten all yr old favorites, heiniken hibachi etc
http://www.youtube.com/watch?v=Tth-8wA3 ... re=related


more chop, even my “stable” new tick guideline is chopping around today
1min http://stockcharts.com/h-sc/ui?s=SPY&p= ... listNum=15

I use stocharts.com now, I see lots of advantages, I can save my drawing longer than a month unlike TOS they wiped your notes and drawing once a month or so to redraw anything it's getting old. well, I still post my Fib fan and fib stuff on TOS.

I think we see HOD/LOD today nothing will change here too much, I am net short with hedge new high will really get me going long from here. GLTA

Cobra get well soon.
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Re: 01/03/2012 Intraday Watering

Postby jarbo456 » Tue Jan 03, 2012 4:35 pm

MAD followed by MDD?
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Re: 01/03/2012 Intraday Watering

Postby Al_Dente » Tue Jan 03, 2012 4:38 pm

jarbo456 wrote:
Petsamo wrote:It's looking like another gap up, fellas.

basis?
vix is really bothering me today.

VIX only bothers me when she “crimps”
5 min
http://stockcharts.com/h-sc/ui?s=SPY&p= ... listNum=15

PS: I miss Cobra
http://www.youtube.com/watch?v=UiJaNSXlYuQ
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Re: 01/03/2012 Intraday Watering

Postby proteus46 » Tue Jan 03, 2012 4:40 pm

Petsamo wrote:It's looking like another gap up, fellas.


Hope your're right, the folks that were not long over the holiday may jump in
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Re: 01/03/2012 Intraday Watering

Postby BullTart » Tue Jan 03, 2012 4:41 pm

proteus46 wrote:
Petsamo wrote:It's looking like another gap up, fellas.


Hope your're right, the folks that were not long over the holiday may jump in


I think that might be the bait.
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Re: 01/03/2012 Intraday Watering

Postby 90ufo » Tue Jan 03, 2012 4:42 pm

BullBear52x wrote:Here is the gaps, I will not call failed break out until we drop back below so far so good for the bulls, I see no reason to short with no hedge here. I am done today.

IWM, MDY(mid-cap) close < open, weaker than major indicies.
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Re: 01/03/2012 Intraday Watering

Postby waverider » Tue Jan 03, 2012 4:44 pm

proteus46 wrote:
Petsamo wrote:It's looking like another gap up, fellas.


Hope your're right, the folks that were not long over the holiday may jump in


Not me, thanks.
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Re: 01/03/2012 Intraday Watering

Postby trendfollower » Tue Jan 03, 2012 4:45 pm

Interesting and relevant video in light of what is happening in the markets.

http://goo.gl/eaNQu
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Re: 01/03/2012 Intraday Watering

Postby jarbo456 » Tue Jan 03, 2012 4:45 pm

just entered an odd hedge, sold Jan. 28 calls on SLV.
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Re: 01/03/2012 Intraday Watering

Postby Petsamo » Tue Jan 03, 2012 4:47 pm

jarbo456 wrote:
Petsamo wrote:It's looking like another gap up, fellas.


basis?

vix is really bothering me today.

ETFs of China, India, Japan, Turkey, Brazil, etc are sitting high. Personally, I'd like a gap down.
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Re: 01/03/2012 Intraday Watering

Postby 99er » Tue Jan 03, 2012 4:49 pm

So honey...what are you planning for dinner?

NQ http://99ercharts.blogspot.com/2012/01/nq_7355.html

How about some gap fill.
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Re: 01/03/2012 Intraday Watering

Postby jarbo456 » Tue Jan 03, 2012 4:51 pm

trendfollower wrote:Interesting and relevant video in light of what is happening in the markets.

http://goo.gl/eaNQu


this guy already got stopped out of his /CL position...if he had any stops on it.
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