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06/29/2011 Intraday Watering

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soku
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Re: 06/29/2011 Intraday Watering

Post by soku »

endangered510 wrote:Cramer of all people made a good point yesterday. He said that window dressing does not end on Friday but rather several days before b/c fund managers fear being investigated by the SEC (as if that would ever happen). I would not be surprised to see a selloff to end the week.
i agree the window dressing won't last to friday, but i think friday will be light. i don't expect sell off.
somebody mentioned 7/4 was bullish on average. i think it is cobra. i don't plan to hold position over the long weekend, tho.
The goal is not uniformity. It is understanding and idea exchange.
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Cobra
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Re: 06/29/2011 Intraday Watering

Post by Cobra »

multiple support here.
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jamesmith
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Re: 06/29/2011 Intraday Watering

Post by jamesmith »

Cobra wrote:don't read me wrong: my plan is clear - I'd buy the very first pullback.
Yes Sir~ Roger~ :mrgreen:
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uempel
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Re: 06/29/2011 Intraday Watering

Post by uempel »

Update:
SPX13.png
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shumushu
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Re: 06/29/2011 Intraday Watering

Post by shumushu »

uempel, are you bullish or bearish towards the end of june and early july?
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Cobra
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Re: 06/29/2011 Intraday Watering

Post by Cobra »

the next bar is important, let's wait.
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Cobra
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Re: 06/29/2011 Intraday Watering

Post by Cobra »

shumushu wrote:uempel, are you bullish or bearish towards the end of june and early july?
Uempel is mostly snakeish cuz Uempel is snake's friend. :lol:

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Nomorework
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Re: 06/29/2011 Intraday Watering

Post by Nomorework »

Do we test the low today? :shock:
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Cobra
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Re: 06/29/2011 Intraday Watering

Post by Cobra »

the previous bar could be an exhaustion bar, this current bar will tell.
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Tabby
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Re: 06/29/2011 Intraday Watering

Post by Tabby »

US market will be closed on 7/4( total 3 days).
Last edited by Tabby on Wed Jun 29, 2011 2:33 pm, edited 1 time in total.
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99er
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Re: 06/29/2011 Intraday Watering

Post by 99er »

SPX
Bear Flag broken.
http://99ercharts.blogspot.com/2011/06/spx_7095.html
Down the flag pole we go.
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BullBear52x
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Re: 06/29/2011 Intraday Watering

Post by BullBear52x »

this my "Me so simple" chart.
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Cobra
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Re: 06/29/2011 Intraday Watering

Post by Cobra »

i see chances for a rebound, bulls need a H1 here to confirm the rebound.
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Mr. T
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Re: 06/29/2011 Intraday Watering

Post by Mr. T »

Just when you think it's safe to go back in the water.......

[que Jaws theme]
-T

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soku
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Re: 06/29/2011 Intraday Watering

Post by soku »

Cobra wrote:i see chances for a rebound, bulls need a H1 here to confirm the rebound.
i decide to listen to cobra this time.
damn. took half of my position off at 1298.5.
my calculated next stop is still 1295-1296
The goal is not uniformity. It is understanding and idea exchange.
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endangered510
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Re: 06/29/2011 Intraday Watering

Post by endangered510 »

12x normal volume selling VB small cap ETF. Game over for bulls.
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BullBear52x
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Re: 06/29/2011 Intraday Watering

Post by BullBear52x »

Will not allow lower close than the open ha?
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Cobra
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Re: 06/29/2011 Intraday Watering

Post by Cobra »

H1, but I believe nobody would long here. the chart below shows what I mean for 2 legged pullback.
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Anaconda
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Re: 06/29/2011 Intraday Watering

Post by Anaconda »

Doji for sure. Which way now? After long white candlestick (blended), good chance we change direction tomorrow, friends.
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uempel
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Re: 06/29/2011 Intraday Watering

Post by uempel »

The more I look at this thing the less bullish it is...
Zigzag.png
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