01/17/2012 Intraday Watering

[Green Prince]

TZA gaining traction [long term]

2min http://4.bp.blogspot.com/-UDEnIGkriYA/T ... 00/t+2.png

15 min http://3.bp.blogspot.com/-i0AuAYclZPg/T ... 00/t+3.png

30 min http://1.bp.blogspot.com/-4qGzAmWG48o/T ... 00/t+4.png

60min http://3.bp.blogspot.com/-zlnq-rGCOFo/T ... 00/t+5.png

[cougar]

Food For Thought

Steen Jakobsen, chief economist for Saxo Bank in Denmark, has some very interesting thoughts to share on the sovereign debt crisis in Europe. His six major points are:

More austerity cannot possibly work.
Voters have lost the faith and willingness needed to repair the current EU and Eurozone construct
Credit and debt cycle is busted. Irving Fisher's Debt-Deflation Model is in progress.
The end-game is near for Europe. Prepare for a meeting of the cardinals
Nicolas Sarkozy is falling apart and likely to lose to Marine Le Pen in the first round of French elections
The "Hope Trade" in equities is in Extreme Overvaluation. Be nimble and cash-rich now to be able to take advantage of deep discounts coming up later.


http://globaleconomicanalysis.blogspot. ... etary.html

Even if she wins the first, she has no chance in the second round…
However, if the Le Pen gang gets elected, all gypsies will be “repatriated” to India and all Moslems will get “repatriated” to Israel…and I’ll go back to Boul. St. Mich’ to have some fun with the “flics”…

[waverider]

FAZ new highs, trend line break, plenty of calls.

[fehro]

VIX maybe breaking out.... see RSI

[Cobra]

fib 38.2% retracement.

[TraderGirl]

TZA gaining traction [long term]

2min http://4.bp.blogspot.com/-UDEnIGkriYA/T ... 00/t+2.png

15 min http://3.bp.blogspot.com/-i0AuAYclZPg/T ... 00/t+3.png

30 min http://1.bp.blogspot.com/-4qGzAmWG48o/T ... 00/t+4.png

60min http://3.bp.blogspot.com/-zlnq-rGCOFo/T ... 00/t+5.png

Nice Charts, looks like it's trading in a triangle waiting for a higher low on the 60 minute...

[knock]

fib 38.2% retracement.

Cobra, the fib points are from where to where? Thanks.

[trendfollower]

Chart video on SP 500, oil, gold, silver, dollar.

http://bit.ly/wOl9e0

[DRL]

TZA gaining traction [long term]

2min http://4.bp.blogspot.com/-UDEnIGkriYA/T ... 00/t+2.png

15 min http://3.bp.blogspot.com/-i0AuAYclZPg/T ... 00/t+3.png

30 min http://1.bp.blogspot.com/-4qGzAmWG48o/T ... 00/t+4.png

60min http://3.bp.blogspot.com/-zlnq-rGCOFo/T ... 00/t+5.png

GP,
What is the make up of your blue line? Just trying to understand how to interpret. Thanks

[BullBear52x]

Here is Fib ext. 129.14

[Green Prince]

The SPY 15 min chart tells the story behind the bearish wedge and false breakout, orange indicator "if" in confirmation should be hitting new highs on this important time frame, instead it is leading negative to new lows.

http://3.bp.blogspot.com/-9-6GMN9_qo0/T ... 00/s+1.png

[BullBear52x]

Talking Fib, dead on golden line.

[99er]

cougar

ES http://www.99ercharts.com/archives/82

See you in the 5th!

[Green Prince]

TZA gaining traction [long term]

2min http://4.bp.blogspot.com/-UDEnIGkriYA/T ... 00/t+2.png

15 min http://3.bp.blogspot.com/-i0AuAYclZPg/T ... 00/t+3.png

30 min http://1.bp.blogspot.com/-4qGzAmWG48o/T ... 00/t+4.png

60min http://3.bp.blogspot.com/-zlnq-rGCOFo/T ... 00/t+5.png

GP,
What is the make up of your blue line? Just trying to understand how to interpret. Thanks

DRL it is a special developed indicator

[Cobra]

I believe the 2nd target has been met too.

[Me XMan]

Gonna hold shorts overnight

[Green Prince]

TZA gaining traction [long term]

2min http://4.bp.blogspot.com/-UDEnIGkriYA/T ... 00/t+2.png

15 min http://3.bp.blogspot.com/-i0AuAYclZPg/T ... 00/t+3.png

30 min http://1.bp.blogspot.com/-4qGzAmWG48o/T ... 00/t+4.png

60min http://3.bp.blogspot.com/-zlnq-rGCOFo/T ... 00/t+5.png

Nice Charts, looks like it's trading in a triangle waiting for a higher low on the 60 minute...

TraderGirl... Thx !

[waverider]

lol, come on in investors, the waters fine!

[cougar]

cougar

ES http://www.99ercharts.com/archives/82

See you in the 5th!

Got it! Thanx!

[BullBear52x]

lol, come on in investors, the waters fine!