04/01/2011 Intraday Watering

[Cobra]

Fib again. I really wish we could close low of the day, as close here would have us wait for the next week for the conclusion, too bad.

[cletus]

Coil update, a breakdown will measure macd down to about -2.5

[KENA]

Thanks for the week cobra. See you Mon.

[Cobra]

Well, I guess, that's if for today, you now know my evil plan, so bulls are far from over yet, although the good news is bears could live for another day, no, weekend, , thank you guys, I'll see you the next Monday. I'll have to drive my father to see doctor, so can only post until 11am ET then a pause and resume, say, 1pm ET?

[ddd]

This could be just a teasing sell to get bears excited. Many stocks I'm interested / held are not bearish at this point.

[cletus]

I expect a slow Monday trade that will grind higher, and we should be at new highs by Tuesday, but after that, beware of a market top at any time.

[Travelfrog]

Strong feeling Eur is going to peak against Usd next week (Mon/Tues). I expect the Dollar then to rally and the markets should go lower. Expect Eur to push higher and SPX to retest previous high first before drop.

Have agood weekend everyone.

[ddd]

Monday could be a rebound up followed by another leg down like today's magnitude, and we will be ready to go up again.