05/31/2011 Intraday Watering

[stockcycle]

I've got feeling that today's high will be visited again by tomorrow.

[cougar]

Although the US economy is stagnant, the rest of the industrial world is moving forward…As expected, PALL (Physical Palladium) is leading the charge. My EW count suggests that we are in wave 5 (green) UP. For commodities, such a wave is often extended, which brings an additional bullish note to this recent PALL uptrend.

[shooker]

Yes, I'm currently short oil, gold and silver via puts on the ETFs. The whole commodity complex should fall here soon in the next week or so.

Of all of them, I actually think gold is the most vulnerable.

I also own a large position in ZSL.

Any price target for oil?

[Bencat]

i'll temporarily maintain the downside target as illustrated below. there's not without a doubt though as a normal consolidation should be with decreased volume, but look at the volume surge here, so there're some chances of a rebound here. we'll have to wait and see.

still think the gap will be filled today?

[Cobra]

i'll temporarily maintain the downside target as illustrated below. there's not without a doubt though as a normal consolidation should be with decreased volume, but look at the volume surge here, so there're some chances of a rebound here. we'll have to wait and see.

still think the gap will be filled today?

yes, maintain the target FOR NOW.

[uempel]

Yes, I'm currently short oil, gold and silver via puts on the ETFs. The whole commodity complex should fall here soon in the next week or so.

Of all of them, I actually think gold is the most vulnerable.

I also own a large position in ZSL.

Any price target for oil?

Medium term going up, target for 2012 USD 140 (Brent)

[cletus]

Yes, I'm currently short oil, gold and silver via puts on the ETFs. The whole commodity complex should fall here soon in the next week or so.

Of all of them, I actually think gold is the most vulnerable.

I also own a large position in ZSL.

Any price target for oil?

I've mapped out some paths for oil here but it is going down short term. Highest probability short exit would be at USO 39.

[Cobra]

breakdown as expected, let's see how far this breakdown can go. Not necessarily reach the highlighted target area which is the max 100% measured move.

[KENA]

Still heading dn for the day. We are in a dn trend ...Next stop 1300/1305 then 1290/1295.Wait and see. I have not been doing any intraday trades as yet. Wait and see.Let go bears.

[uempel]

Looking at SPX:

[Cobra]

Yes, I'm currently short oil, gold and silver via puts on the ETFs. The whole commodity complex should fall here soon in the next week or so.

Of all of them, I actually think gold is the most vulnerable.

I also own a large position in ZSL.

Any price target for oil?

Medium term going up, target for 2012 USD 140 (Brent)

cannot afford my dream yacht anymore.

[Cobra]

here's my current boat:

[chickencoop]

here's my current boat:

antique from 1867?

[Mr. T]

Is that the USS Minnow?

[99er]

Gold
Update.
http://99ercharts.blogspot.com/2011/05/gold_31.html

[99er]

Silver
Update.
http://99ercharts.blogspot.com/2011/05/silver_31.html

[99er]

Crude
Update.
http://99ercharts.blogspot.com/2011/05/crude_31.html

[Cobra]

tough call: breakdown, pullback, L1, so kind of short setup. not sure.

[99er]

30-Year Bond
Update.
http://99ercharts.blogspot.com/2011/05/30y_31.html

[cletus]

here's my current boat:

that is a terd lol