03/16/2011 Intraday Watering

[Cobra]

Again, this what I was trying to say, it's no accumulation only an emotional knee jerk action.

[alvian33]

cobra would you go long at the close for gap up possible play for tomorrow, if you think its unusual to have 7 gap days, so chances are good tomorrow we open a bit higher? thnax

[Travelfrog]

The Fib 161.8% extension for an ABC correction on the S&P is approx 1250 which we hit today. Would not surprise me if we tested the low again for double bottom.

[99er]

SPX
Daily chart with Wolfe Wave target of 1200.
http://99ercharts.blogspot.com/2011/03/spx_3717.html

[Cobra]

here is what I hope, a low close today enough to keep VIX close higher (above 18%+ rises) then 80% chances we'll have a green day tomorrow.

[Cobra]

cobra would you go long at the close for gap up possible play for tomorrow, if you think its unusual to have 7 gap days, so chances are good tomorrow we open a bit higher? thnax

I never front run, so the answer is always no.

[Cobra]

Well, I guess that's it for today. Bears finally made a little progress by making bulls have only half V shape day so as a reward, I won't say "disappoint" words in today's recap. Thank you guys, I'll see you tomorrow.

[thelefteyeguy]

Well, I guess that's it for today. Bears finally made a little progress by making bulls have only half V shape day so as a reward, I won't say "disappoint" words in today's recap. Thank you guys, I'll see you tomorrow.

noooo don't break the trend....rag on the bears for a little longer finally awaken from hibernation, and you want them to go back to sleep

[Me XMan]

I'm buying below SPX 1220.

SPX
Daily chart with Wolfe Wave target of 1200.
http://99ercharts.blogspot.com/2011/03/spx_3717.html

[stocksage]

surprise surprise.. we are hanging around my predicted closing price of 1260.50... odds of closing here are now 97% must be some algo because this happens all the time.

doink!