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03/29/2011 Intraday Watering

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99er
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Re: 03/29/2011 Intraday Watering

Post by 99er »

SPX
Won't somebody step on the gas, please?
http://99ercharts.blogspot.com/2011/03/spx_5387.html
cletus
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Re: 03/29/2011 Intraday Watering

Post by cletus »

This week is historically pretty lame for upside potential. Therefore, since the week opened at 1312, it would seem to be favorable to be short over 1312 on the simple bet that this week will be down or flat.
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BullBear52x
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Re: 03/29/2011 Intraday Watering

Post by BullBear52x »

Update.
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Cobra
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Re: 03/29/2011 Intraday Watering

Post by Cobra »

Could be a rising wedge here.
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99er
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Re: 03/29/2011 Intraday Watering

Post by 99er »

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BullBear52x
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Re: 03/29/2011 Intraday Watering

Post by BullBear52x »

Take a look at FIB Fan channel.
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Cobra
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Re: 03/29/2011 Intraday Watering

Post by Cobra »

The previous high.
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cletus
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Re: 03/29/2011 Intraday Watering

Post by cletus »

bought some puts here, even in the bullish case the market should trade down to 1312 or so again, not huge short positions though, will add on weakness and double top breakdown should it occur
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TheGift
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Re: 03/29/2011 Intraday Watering

Post by TheGift »

@bullbear

On one of your last screen shots...Do you have software that takes exported time/sales and shows you if was on bid/ask then accumulates it?

orderflow is what I'm asking..Thanks
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Cobra
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Re: 03/29/2011 Intraday Watering

Post by Cobra »

Well, I guess that's it for today. Bull had a great day. Now it's bear's turn at least seasonality says so, I however didn't see any signs of bearishness in today's action YET (subject to change at anytime), so recommend at least not heavily bet on the bearish seasonality in the following 2 days. Thank you guys, I'll see you tomorrow!
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EkOnkaar
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Re: 03/29/2011 Intraday Watering

Post by EkOnkaar »

Wow ! Folks really piling onto AAPL here..
Ek
cletus
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Re: 03/29/2011 Intraday Watering

Post by cletus »

end of month seasonality rarely ever fails...why would it suddenly not work now?
cletus
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Re: 03/29/2011 Intraday Watering

Post by cletus »

and bears who shorted yesterday at these levels and closed out this morning (ME lol) made as much money as bulls did today on the way up, so bulls shouldn't be too arrogant yet
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BullBear52x
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Re: 03/29/2011 Intraday Watering

Post by BullBear52x »

TheGift wrote:@bullbear

On one of your last screen shots...Do you have software that takes exported time/sales and shows you if was on bid/ask then accumulates it?

orderflow is what I'm asking..Thanks
when I buy and sell, I just do it, the number I posted mostly filled order. no any special software.

Thank you all, holding SSO over night that's it. might buy FAS tomorrow.
My comments are for entertainment/educational purpose only. NOT a trade advice.
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TheGift
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Re: 03/29/2011 Intraday Watering

Post by TheGift »

Anyone aware of any programs that will export sale/size and have it check if it was on bid or ask then tally it?

So end of day result would be say on the ...SPY

Bid/Ask

50K/80K.....as an example
stocksage
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Re: 03/29/2011 Intraday Watering

Post by stocksage »

Ah, just got home, I see the bears got skinned again!
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