01/06/2012 Intraday Watering

[99er]

So honey...what's for breakfast?

SPX http://99ercharts.blogspot.com/2012/01/spx_06.html

Care for toast garnished with lots of red sauce?

[SB73]

127.75 appears to be reasonable support. Need to see a power break through that support if I want to get too bearish.

[jarbo456]

127.75 appears to be reasonable support. Need to see a power break through that support if I want to get too bearish.

if we break below that, then i think a small .40 cent double top will be in affect.

[SB73]

127.75 appears to be reasonable support. Need to see a power break through that support if I want to get too bearish.

if we break below that, then i think a small .40 cent double top will be in affect.

That is what I am playing...nice eye

[Cobra]

double top?

[jarbo456]

i, like cobra, don't have imagination...but could this be yet another inside day? looking suspiciously like the past 2, but way too early to tell. i'll be watching for it though...

is doc al not up yet? did he stay up past his bedtime last night?

internals when you get a chance al...thanks!

[BullBear52x]

Line in the sand let see how the reaction here.

[Al_Dente]

i, like cobra, don't have imagination...but could this be yet another inside day? looking suspiciously like the past 2, but way too early to tell. i'll be watching for it though...
is doc al not up yet? did he stay up past his bedtime last night?
internals when you get a chance al...thanks!

A little early for internals, but anything for you jarbie
http://stockcharts.com/h-sc/ui?s=SPY&p= ... listNum=15

[stucap]

Channel or Currency? Who Wins?

[L_T]

Morning peeps
Off to Vegas today for wild card weekend - wish me luck

PS - jobs report still counting holiday temp work for high school kids at game stop, BS in my opinion


---
I am here: http://maps.google.com/maps?ll=29.751405,-95.453231

Houston? Weren't you just in Hawaii? Now Vegas? Wow you travel a lot.

[jarbo456]

dollar going gang busters...

[BullBear52x]

My read down move tops is in. bears can relax now. O yay

[Petsamo]

I wonder if we repeat yesterday, sell off the first 30 min, then rally the rest of the day. So, who's buying the dip?

[SB73]

double top?

bingo..now lets watch the rebound

[jarbo456]

I wonder if we repeat yesterday, sell off the first 30 min, then rally the rest of the day. So, who's buying the dip?

it's tempting...but risky. lot of room down below for a flush...

[Cobra]

double top target reached. some support here. could see rebound.

[Cobra]

I don't believe we'd see sharp reversal again the 3rd time. let's see.

[jarbo456]

i also say it's tempting because there some serious growing negD on the /DX chart...dollar will have to blow out to reverse the divergence...

[99er]

So honey...are we on for April in Paris?

EURUSD http://99ercharts.blogspot.com/2012/01/eurusd_06.html

You betcha.

[Al_Dente]

TRIN
http://stockcharts.com/h-sc/ui?s=$TRIN& ... =249247714