03/21/2011 Intraday Watering

zombiebraingoo · Post by **zombiebraingoo** » Mon Mar 21, 2011 12:57 pm

http://gicharts.blogspot.com/2011/03/sp ... level.html

Nice simple chart from Alpha Investors

Post by **Cobra** » Mon Mar 21, 2011 1:02 pm

This kind of consolidation is more likely to breakout on the upside. Just for now, pink line suddenly spike up and the green line is not so bullish, something going on.

simpletrade · Post by **simpletrade** » Mon Mar 21, 2011 1:14 pm

11:07 a.m. Monday ET, 12:23 a.m. Tuesday Tokyo] Tokyo Electric Power Co. (TEPCO) said it has no plans to use a concrete pump engine to place a mixture of mortar and water into the containment vessel and spent nuclear fuel pool at the No. 4 reactor. Instead, the pump would be used to pour only water. Japan's Nuclear and Industrial Safety Agency said earlier Monday that it expected to conduct tests on what it called a "concrete pump engine," which the agency initially said would pump a mix of mortar and water.

[10:23 a.m. Monday ET, 11:23 p.m. Monday Tokyo] The U.S. Navy is moving the aircraft carrier USS George Washington from its port at Yokosuka Naval Base near Yokohama to avoid radiation exposure.

Wonder if the nuclear issue is worse than what's been told.

My thesis of long solar is not working well, pretty much flat since last week(I bought some on Monday, which is good, didn't sell on Tuesday, now it's lower again). Still I think the Japan nuclear issue, middle east, both will be good for solar in 2011. But again, you get better price if you're buying the solar stocks now than the high of last week.

Bought SPY put.

zombiebraingoo · Post by **zombiebraingoo** » Mon Mar 21, 2011 1:15 pm

1297.50 - rsi breaking down on 15 min

dr659 · Post by **dr659** » Mon Mar 21, 2011 1:16 pm

Cobra wrote:This kind of consolidation is more likely to breakout on the upside. Just for now, pink line suddenly spike up and the green line is not so bullish, something going on.

I tend to agree, covered my SDS that I entered near its low of the day for a very small profit.

jasmine · Post by **jasmine** » Mon Mar 21, 2011 1:19 pm

Cobra wrote:
agnosia wrote:hey cobra - trin is not a great indicator anymore since most of the volume comes from the top 10 stocks which happen to be financials. if u take a look at c and bac there is heavy institutional selling and they make up a big part of TRIN

agnosia, can u please explain why you see that as selling but not buying? thansk a lot!

agnosia · Post by **agnosia** » Mon Mar 21, 2011 1:19 pm

yep this could be a base and break. we are probably just waiting for the 10ema to catch up to price on the 60min . great risk/reward day trade, go long the 10ema with a tight stop below...

Rezito · Post by **Rezito** » Mon Mar 21, 2011 1:23 pm

Oversold short term bounces aren't being bought into, feels like we're seeing distribution. Watching 55.50 on the Q's.

agnosia · Post by **agnosia** » Mon Mar 21, 2011 1:23 pm

jasmine wrote:
Cobra wrote:
agnosia wrote:hey cobra - trin is not a great indicator anymore since most of the volume comes from the top 10 stocks which happen to be financials. if u take a look at c and bac there is heavy institutional selling and they make up a big part of TRIN
agnosia, can u please explain why you see that as selling but not buying? thansk a lot!

there is still selling pressure but since most of that volume is concentrated in only a few stocks it doesn't give an accurate view of the overall market..

BullBear52x · Post by **BullBear52x** » Mon Mar 21, 2011 1:28 pm

YES! Nice signs for the Bears now.

zombiebraingoo · Post by **zombiebraingoo** » Mon Mar 21, 2011 1:30 pm

15 min broke - 233ema is downside trigger IMO...

zombiebraingoo · Post by **zombiebraingoo** » Mon Mar 21, 2011 1:38 pm

I love this guy! (makes me look normal!) - I never discount what he says though as he was a high level insider in the FORBES organization...It's just sort of hard to know
if it's medication or mushrooms!

http://benjaminfulford.net/

The United States occupation forces in Japan are staging a major strategic defeat because they know the Japanese defense establishment knows it was elements of the US military that set off the March 11, (311) tsunami attack against Japan. This attack used nuclear weapons drilled into the seabed by submarines and not HAARP according to senior Pentagon Sources. In addition, four months ago they overruled Japanese authorities and placed deadly plutonium into the number 3 reactor at Fukushima, according to the governor of Fukushima prefecture. This was to provide a nuclear cover story for the seabed atomic attack, pentagon sources say. Needless to say, the ring-leaders of this attack are now in hiding and know they will be found.

Rezito · Post by **Rezito** » Mon Mar 21, 2011 1:44 pm

zombiebraingoo wrote:I love this guy! (makes me look normal!) - I never discount what he says though as he was a high level insider in the FORBES organization...It's just sort of hard to know
if it's medication or mushrooms!

http://benjaminfulford.net/

The United States occupation forces in Japan are staging a major strategic defeat because they know the Japanese defense establishment knows it was elements of the US military that set off the March 11, (311) tsunami attack against Japan. This attack used nuclear weapons drilled into the seabed by submarines and not HAARP according to senior Pentagon Sources. In addition, four months ago they overruled Japanese authorities and placed deadly plutonium into the number 3 reactor at Fukushima, according to the governor of Fukushima prefecture. This was to provide a nuclear cover story for the seabed atomic attack, pentagon sources say. Needless to say, the ring-leaders of this attack are now in hiding and know they will be found.

hm...does he ever provide any evidence for his theories? After 9/11 I don't look at the world the same way.

BullBear52x · Post by **BullBear52x** » Mon Mar 21, 2011 1:46 pm

Intraday LL, VIX cleeping up the continuation of uncertainty at hand. Market will contnue it's sideways action to down if fear still persisted.

99er · Post by **99er** » Mon Mar 21, 2011 1:48 pm

Copper
Hinting down.
http://99ercharts.blogspot.com/2011/03/copper_21.html

maldini · Post by **maldini** » Mon Mar 21, 2011 1:51 pm

what a boring day....

agnosia · Post by **agnosia** » Mon Mar 21, 2011 1:55 pm

so far a perfect little bounce off the 10ema on the 60 @ 1291.25.. lets see if it holds.

zombiebraingoo · Post by **zombiebraingoo** » Mon Mar 21, 2011 1:56 pm

Rezito wrote:
zombiebraingoo wrote:I love this guy! (makes me look normal!) - I never discount what he says though as he was a high level insider in the FORBES organization...It's just sort of hard to know
if it's medication or mushrooms!

http://benjaminfulford.net/

The United States occupation forces in Japan are staging a major strategic defeat because they know the Japanese defense establishment knows it was elements of the US military that set off the March 11, (311) tsunami attack against Japan. This attack used nuclear weapons drilled into the seabed by submarines and not HAARP according to senior Pentagon Sources. In addition, four months ago they overruled Japanese authorities and placed deadly plutonium into the number 3 reactor at Fukushima, according to the governor of Fukushima prefecture. This was to provide a nuclear cover story for the seabed atomic attack, pentagon sources say. Needless to say, the ring-leaders of this attack are now in hiding and know they will be found.

hm...does he ever provide any evidence for his theories? After 9/11 I don't look at the world the same way.

he is on RENSE radio - look up on you tube - here is a link that deals with the above http://www.youtube.com/watch?feature=pl ... eBOZYD8KWA

tradersu · Post by **tradersu** » Mon Mar 21, 2011 2:09 pm

DX didn't find support. So most likely we are going higher. May be ES 1302

Post by **Cobra** » Mon Mar 21, 2011 2:17 pm

Still looks like the breakout will be on the upside.

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03/21/2011 Intraday Watering

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