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02/02/2012 Intraday Watering

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Unique
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Re: 02/02/2012 Intraday Watering

Post by Unique »

Cobra, make a bear vs bull poll :)
Restarted the AAPL blog into E-mini S&P 500 Trading Blog , see here: http://aapltechnicals.blogspot.ca/
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BullBear52x
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Re: 02/02/2012 Intraday Watering

Post by BullBear52x »

Thanks Cobra and everyone, GLTA

TA note: DBV missing higher high. more on the upside? I am bear back to 30% mark on the evil side. :twisted:
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Petsamo
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Re: 02/02/2012 Intraday Watering

Post by Petsamo »

The last time UNG finished this strong, it gapped up the following day. I allowed it to rally in the morning, then I sold. The strategy worked. I repurchased 22 cents lower, and that worked.

Tomorrow, I will place bets that history will repeat itself.
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stucap
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Joined: Thu Jul 14, 2011 12:25 pm

Re: 02/02/2012 Intraday Watering

Post by stucap »

Petsamo wrote:The last time UNG finished this strong, it gapped up the following day. I allowed it to rally in the morning, then I sold. The strategy worked. I repurchased 22 cents lower, and that worked.

Tomorrow, I will place bets that history will repeat itself.
I'm still with ya Petsamo. Gap up tomorrow would be perfect selling opportunity. Unless of course it rockets up to $3 overnight :)
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Cobra
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Re: 02/02/2012 Intraday Watering

Post by Cobra »

Unique wrote:Cobra, make a bear vs bull poll :)
tomorrow.

I can see still bears > bulls.

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TraderGirl
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Re: 02/02/2012 Intraday Watering

Post by TraderGirl »

Looks like TMV could be a bear flag..??? needs to hold support for the bull case. If it breaks support, better for bears...
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SWalsh
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Re: 02/02/2012 Intraday Watering

Post by SWalsh »

L_T wrote:
SWalsh wrote:
Al_Dente wrote:Watch 5 min VIX bolingers compress a bit more into the close, predicting a big gap tomorrow on open (?)
But if everyone is expecting a non farm payroll gap open…………............
http://stockcharts.com/h-sc/ui?s=SPY&p= ... listNum=15
Al...there are about 35 pewople online and 200+ visitors. If not a member of stockcharts one can't see any chart you post. Can you easily make them public?

Thanks
When I open that link I get this crazy huge chart showing 3 days worth of candles. I can see it's a 5 minute chart from the post but because I'm not a member it defaults to daily view.
That's what I get so it might be our setting. Al would know if they are public or not but I think he blocked me the other day for some reason. :o
"I told you...................bring me everyone"...http://www.youtube.com/watch?v=MrTsuvykUZk
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Unique
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Re: 02/02/2012 Intraday Watering

Post by Unique »

Al needs to screen cap his charts or else won't show up properly.

BAC, GS, JPM still all daily triple top resistance.....
Restarted the AAPL blog into E-mini S&P 500 Trading Blog , see here: http://aapltechnicals.blogspot.ca/
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Petsamo
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Re: 02/02/2012 Intraday Watering

Post by Petsamo »

stucap wrote:
Petsamo wrote:The last time UNG finished this strong, it gapped up the following day. I allowed it to rally in the morning, then I sold. The strategy worked. I repurchased 22 cents lower, and that worked.

Tomorrow, I will place bets that history will repeat itself.
I'm still with ya Petsamo. Gap up tomorrow would be perfect selling opportunity. Unless of course it rockets up to $3 overnight :)
Opens at 5.41 + 3 = 8.41 -> SELL
Opens at $3.00 -> Ouch !
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fusuke
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Re: 02/02/2012 Intraday Watering

Post by fusuke »

So, do you think the market will rally tomorrow on bad jobs numbers in anticipation of QE3?
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Petsamo
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Re: 02/02/2012 Intraday Watering

Post by Petsamo »

I wish I knew
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pidge66
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Re: 02/02/2012 Intraday Watering

Post by pidge66 »

Head & shoulder pattern should be tossed. http://wp.me/p269BP-48

If the job number beat tomorrow, I'll be shorting the resulting rally with both hands. I think the market is getting ripe for the bears next week.
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