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01/09/2012 Intraday Watering

Re: 01/09/2012 Intraday Watering

Postby Mr. BachNut » Mon Jan 09, 2012 4:30 pm

TVAMFI1912.jpg


Update of a chart I posted over the weekend.
Money Flow Index pump faked. Looked like a peak on Friday, but marched on up this mutual fund Monday. This is bullish as it can go higher before getting overbought.
Time Volume Accumulation still on the soft side. Mr. Market showing some price dicipline at resistance?
Visually, I have to say, it looks like prices are inclined to rise or maybe put in a pop rather than roll over.
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Re: 01/09/2012 Intraday Watering

Postby BullBear52x » Mon Jan 09, 2012 4:31 pm

what a day, Thanks Cobra and everyone GLTA

TA note: Da bears didn't get the last red arrow. 50/50 chance for the diehard counter trend. vix is picking up a speed that's about it.
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Re: 01/09/2012 Intraday Watering

Postby stucap » Mon Jan 09, 2012 4:33 pm

Anyone have a guess for the close? > or < 1280 SPX?

My gut is over but I wouldn't be surprised if under. No position.
Last edited by stucap on Mon Jan 09, 2012 4:35 pm, edited 1 time in total.
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Re: 01/09/2012 Intraday Watering

Postby HappyFriday » Mon Jan 09, 2012 4:33 pm

Poor GOOG, down 28 points !
:lol: :D :lol:
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Re: 01/09/2012 Intraday Watering

Postby Al_Dente » Mon Jan 09, 2012 4:36 pm

Speaking of blabbing too much, here’s a POP QUIZ, circle one
Why is ag one of the strongest sectors today? (DBA)
a) because soybeans are good for you
b) because Dennis Gartman said so
c) because these market are all wacky

http://www.youtube.com/watch?v=AW6NVcqc ... re=related
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Re: 01/09/2012 Intraday Watering

Postby Tabby » Mon Jan 09, 2012 4:36 pm

99er wrote:Just woke up from a nap...

SPX http://99ercharts.blogspot.com/2012/01/spx_3342.html

Dreaming of Butterflies.


:lol:
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Re: 01/09/2012 Intraday Watering

Postby Cobra » Mon Jan 09, 2012 4:38 pm

still not look bad. :roll:
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Re: 01/09/2012 Intraday Watering

Postby jarbo456 » Mon Jan 09, 2012 4:39 pm

Al_Dente wrote:Speaking of blabbing too much, here’s a POP QUIZ, circle one
Why is ag one of the strongest sectors today? (DBA)
a) because soybeans are good for you
b) because Dennis Gartman said so
c) because these market are all wacky

http://www.youtube.com/watch?v=AW6NVcqc ... re=related


soybeans and corn are main ingredients in the majority of animal feed. more people, more protein eating population, more fast food joints, more such ags are needed...prices go up.

and other reasons...
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Re: 01/09/2012 Intraday Watering

Postby CognitiveDissonance » Mon Jan 09, 2012 4:40 pm

waverider wrote:
CognitiveDissonance wrote:I am loving the VIX dropping along with TVIX following suit :mrgreen:


Why are you short TVIX?


I should be but not on the last wave down, don't want to risk truncation. Per TA, I think it has room to hit 40 on the first wave up. It's tough to predict how well it will correlate to the VIX exactly but the vix has another 2-3 points to go lower before it pops. The idea of getting in on TVIX in time for a correction is pretty damn exciting but I do realize that may be odd :geek:
@cognitivebias1
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Re: 01/09/2012 Intraday Watering

Postby stucap » Mon Jan 09, 2012 4:41 pm

jarbo456 wrote:
Al_Dente wrote:Speaking of blabbing too much, here’s a POP QUIZ, circle one
Why is ag one of the strongest sectors today? (DBA)
a) because soybeans are good for you
b) because Dennis Gartman said so
c) because these market are all wacky

http://www.youtube.com/watch?v=AW6NVcqc ... re=related


soybeans and corn are main ingredients in the majority of animal feed. more people, more protein eating population, more fast food joints, more such ags are needed...prices go up.

and other reasons...


i say c but there was probably a crop report or crazy weather somewhere or something this morning....
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Re: 01/09/2012 Intraday Watering

Postby jarbo456 » Mon Jan 09, 2012 4:43 pm

stucap wrote:
jarbo456 wrote:
Al_Dente wrote:Speaking of blabbing too much, here’s a POP QUIZ, circle one
Why is ag one of the strongest sectors today? (DBA)
a) because soybeans are good for you
b) because Dennis Gartman said so
c) because these market are all wacky

http://www.youtube.com/watch?v=AW6NVcqc ... re=related


soybeans and corn are main ingredients in the majority of animal feed. more people, more protein eating population, more fast food joints, more such ags are needed...prices go up.

and other reasons...


i say c but there was probably a crop report or crazy weather somewhere or something this morning....


sorry...totally misread your thing. i don't know but /CC was a good buy last night...
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Re: 01/09/2012 Intraday Watering

Postby waverider » Mon Jan 09, 2012 4:44 pm

cl.png


/CL
"The only way to get a real education in the market is to invest cash, track your trade, and study your mistakes"

-Jesse Livermore
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Re: 01/09/2012 Intraday Watering

Postby noob » Mon Jan 09, 2012 4:44 pm

Cobra wrote:still not look bad. :roll:


Thanks Cobra, any thought on AA earnings?
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Re: 01/09/2012 Intraday Watering

Postby Al_Dente » Mon Jan 09, 2012 4:46 pm

Jarbo and Stucap both won $64,000.00 and a plate of soy spagetti
Do you want to try for the grand prize, a squeeze into the close???????
1 min
http://stockcharts.com/h-sc/ui?s=SPY&p= ... listNum=15
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Re: 01/09/2012 Intraday Watering

Postby jarbo456 » Mon Jan 09, 2012 4:48 pm

alright, who's holding short overnight?
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Re: 01/09/2012 Intraday Watering

Postby mozart » Mon Jan 09, 2012 4:49 pm

jarbo456 wrote:alright, who's holding short overnight?

Silver, since last week.
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Re: 01/09/2012 Intraday Watering

Postby nikman » Mon Jan 09, 2012 4:50 pm

Cobra wrote:still not look bad. :roll:


Today's consolidation has come on the lowest NYSE volume of the last 5 days. Amazing! SPY won't even break 100 million shares today.
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Re: 01/09/2012 Intraday Watering

Postby nikman » Mon Jan 09, 2012 4:50 pm

Cobra wrote:still not look bad. :roll:


Today's consolidation has come on the lowest NYSE volume of the last 5 days. Amazing! SPY won't even break 100 million shares today.
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Re: 01/09/2012 Intraday Watering

Postby Cobra » Mon Jan 09, 2012 4:50 pm

the high has been tested some many times, should breakout. I'd be surprised that the market simply topped here.
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Re: 01/09/2012 Intraday Watering

Postby waverider » Mon Jan 09, 2012 4:51 pm

jarbo456 wrote:alright, who's holding short overnight?


QQQ is super weak, Cougar hit it dead on friday. I am
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