03/01/2012 Intraday Watering

[stucap]

watch 1368ish.. could still be in a triangle (blue)

all it needed was a kiss and BTFD BTFD BTFD. yawn saudi explosion, non event. ism miss non event.

[Denali92]

COME ON DOWN!

Do you realize that ALMOST every time you write that..... we go right back up......

it is amazing....

-D

[btran874]

COME ON DOWN!

Do you realize that ALMOST every time you write that..... we go right back up......

it is amazing....

-D

His big balls jinxed us.

[SB73]

wow...a red close could set up something more permanent. I doubt it, but I will be watching carefully.

Senor Al,
Did you see that stick on TVIX...I am part of that one...my .10 is back in the game.

WOW WOW
Now that’s what I call a BIG STICK
Keep yr face on senor…

"Speak softly and carry a big stick; you will go far." [President Theodore Roosevelt, 1901]

Paging taggard
http://www.youtube.com/watch?v=td3SE3zE ... re=related

Senor Al,

Nothing looks tradeable to me...only scalpable

[Cobra]

rebounded from support, very strong, interesting.

[taggard]

Nothing looks tradeable to me...only scalpable SB73

certainly in shorter time frames--wonder if this statement is a clue.

[SB73]

rebounded from support, very strong, interesting.

I rarely consider this, but I must say it here...the invisible hand stepped in on this one.

[soku]

COME ON DOWN!

Do you realize that ALMOST every time you write that..... we go right back up......

it is amazing....

-D

His big balls jinxed us.

yes blame him for all that.
cnbc said the pipeline explosion is not confirmed. i think this is the reason caused oil down to 109

[KENA]

They really tried to suck in the bears then they give them the popup.

[btran874]

Was meant to be funny.

[stucap]

rebounded from support, very strong, interesting.

support doesn't break --- ever.

[Cobra]

well, that's it for day. indeed it is bullish bearish engulfing, 100% the next day closes in green. As for tomorrow, I need dig a little more but Friday is the most bearish weekday since the Oct 2011. Thank you guys, I'll see you tomorrow.

[KENA]

The NYSI has been going dn since Feb 8 so it is only a matter of time .Lets see.

[btran874]

No way I'm going shorts overnight. This thing wants to make a new high tomorrow morning then drop 15 points.

[soku]

who is on bloomberg? saudi gov said the attack is untrue.
do u hear that? i am going to change my windows password to dow14000.

edit: it is matt miller of bloomberg said the pswd thing. not me. don't even guess my password.

[Me XMan]

Damn it!

COME ON DOWN!

Do you realize that ALMOST every time you write that..... we go right back up......

it is amazing....

-D

[The Hook]

Look what IWM did in the last 30 mins vs QQQ/SPY. Don't believe I have ever seen anything like it.

[btran874]

Hahhaa, this is a scamturd market. Now they said it's not true and /es shot up to the moon. 1384 baby, it has to be 1384.

[TWT]

SPX: I don´t give up
Below a possible count within the idea of a F..... Ending Diagonal. It seems that price is willing to attempt another Zig Zag higher

(thewavetrading.com)

[taggard]

Hahhaa, this is a scamturd market. Now they said it's not true and /es shot up to the moon. 1384 baby, it has to be 1384.

just jumping outside the short term action for a second--what we appear to have is spx qqq and indu breaking over the prior mulit month highs. this is bullish however you want to explain it. however the odds of testing this area are huge if in fact we can go up and hold over it.

i will defer to your 1384 idea since i have no exact concept. but the over all idea is that we have gotten over the key highs from 2011 and held so far. stops (such as they were/are) have largely been hit. and nobody sees any reason to sell hard yet.

if we look ahead--assuming the idea above is correct if we test and hold 1-2x they are going to go bat shit for spx 1500-1600. i know others here see this as rigged or dishonest--but so far all i see is everyone just playing the direction (up). also near major tops you get crazy action so the whole thing more or less fits the typical psychology (and the idea that nothing counts other than today's math).

bottom line the closer we get to your 1384 to say 1405 the more we can look for a test of this last breakout from the upside--if that holds beware the usual crowd buying like crazy as we approach 1500-1600 area.

maybe oil on a weekly is a hint (eg that it can get to the top of a range flip and at that point something happens)

good luck to all