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02/17/2012 Intraday Watering

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TraderGirl
Posts: 5028
Joined: Thu Dec 22, 2011 2:47 pm

Re: 02/17/2012 Intraday Watering

Post by TraderGirl »

FinancePhD wrote:
EvilTrader wrote:just read this

http://blogs.wsj.com/marketbeat/2012/02 ... d=yahoo_hs

Im moderately short.

Looking foward to Cobra´s analysis of this mad market this weekend ...topish or not ? Major forces are in play. :?
Thanks for the post, I am reading it now.
Here is a link re: Railroads....very interesting charts....

http://blog.kimblechartingsolutions.com ... ent-again/
FinancePhD
Posts: 76
Joined: Fri Dec 16, 2011 3:55 pm

Re: 02/17/2012 Intraday Watering

Post by FinancePhD »

TraderGirl wrote:VIX is 5.6% away from it's lows, and yet TVIX is about 15.5% from it's lows....
Since watching TVIX, that is usually where the smart money is. It's moves usually indicate where the market is going...and I think it is saying that it's not buying into this rally...IMHO

I am not saying we can't go higher on Tues/Weds, as that is my target for a potential top, (and maybe today was that top, who knows in this market) I just think that we will not continue to go up forever without a correction that takes people by surprise, since VIX is indicating there is not much protection out there...
In the next major correction, I think TVIX may go up to $30 and $VXX may go up to $35.
TraderGirl
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Re: 02/17/2012 Intraday Watering

Post by TraderGirl »

I think we stay here...1360...

Apple looks jittery....
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Al_Dente
Posts: 28535
Joined: Thu Jul 21, 2011 2:29 pm

Re: 02/17/2012 Intraday Watering

Post by Al_Dente »

Here’s a Colby’s refresher on Dow Theory
http://www.robertwcolby.com/dowtheory.html
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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Cobra
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Re: 02/17/2012 Intraday Watering

Post by Cobra »

well, guess that's it for today. No idea what the next Tuesday will be. The seasonality is of course bearish, but who cares, doesn't work anyway. thank you guys, I'll see you the next Tuesday!
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Al_Dente
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Re: 02/17/2012 Intraday Watering

Post by Al_Dente »

THANKS COBRA FOR A GREAT WEEK
Thanks to all boardies for yr valuable contributions
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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Richarab
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Re: 02/17/2012 Intraday Watering

Post by Richarab »

soku wrote:wanna guess the /es close price? my number is 1356.75
for fun only
i like you number
i just shorted it... 1359.25
TraderGirl
Posts: 5028
Joined: Thu Dec 22, 2011 2:47 pm

Re: 02/17/2012 Intraday Watering

Post by TraderGirl »

Have a great weekend everyone!!!

btw, apple looks like it has a descending triangle on the daily...
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btran874
Posts: 400
Joined: Tue Feb 07, 2012 11:41 am

Re: 02/17/2012 Intraday Watering

Post by btran874 »

I'm gonna play lottery and buy 100 shares of UPRO and hold over the weekend.
TraderGirl
Posts: 5028
Joined: Thu Dec 22, 2011 2:47 pm

Re: 02/17/2012 Intraday Watering

Post by TraderGirl »

Al_Dente wrote:Here’s a Colby’s refresher on Dow Theory
http://www.robertwcolby.com/dowtheory.html
Thanks Al, going to read this later...have a great weekend!! :D :D :D
SigmaEcho
Posts: 286
Joined: Fri Apr 08, 2011 12:09 pm

Re: 02/17/2012 Intraday Watering

Post by SigmaEcho »

ES 4h chart

bulkowski:

Price trend Can be up (66% have a rising price trend) or down (34%) leading to the pattern.
Shape A megaphone tilted up with the bottom horizontal.
Trendlines The bottom trendline is horizontal, the top one slopes upward.
Touches At least two peaks and two valleys should touch their respective trendline.
Volume Trends upward 54% of the time and downward 46% of the time.
Breakout Downward 66% of the time.
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ES17feb.JPG
TradingJackal
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Re: 02/17/2012 Intraday Watering

Post by TradingJackal »

TraderGirl wrote:I think we stay here...1360...

Apple looks jittery....
Good shot.
There are no bulls or bears in the market. Only wolves and sheep.
Twitter @TradingJackal
http://tradingjackal.blogspot.com/
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EvilTrader
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Re: 02/17/2012 Intraday Watering

Post by EvilTrader »

have a nice long weekend everyone !
thanos
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Re: 02/17/2012 Intraday Watering

Post by thanos »

1370 or bust! LOL. Long and strong.
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SWalsh
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Re: 02/17/2012 Intraday Watering

Post by SWalsh »

TraderGirl wrote:I love it when "Cramer" followers get so cocky when the market is up, think it goes up forever just cause "Cramer" is so bullish, pitching any stock he can get his hands on... then they whine when the market is down, wonder why they have lost so much money... boo-boo!! :cry: :cry:
I'd call Cramer a prostitute, but I'd have to apologize to the working girls. I loved John Stewart nailing him as a market manipulator when he appeared on his show. His 15 minutes have lasted far too long.
"I told you...................bring me everyone"...http://www.youtube.com/watch?v=MrTsuvykUZk
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