07/06/2011 Intraday Watering

[BullBear52x]

EDZ and FXP are better buy than TZA, TZA is a buy again just now.

[Mr. T]

You were right yesterday BullBear..... and I wasn't. No $30 first (too bad).

I'm long TZA now.

[dmid]

futures still hold, but looks like it'd breakdown.

Any evil plan for today?

[BullBear52x]

You were right yesterday BullBear..... and I wasn't. No $30 first (too bad).

I'm long TZA now.

still in its early stage, so I will take profit as soon as I can with tight stops until the swing trend confirmed.

[agnosia]

very strange that futures can't even fill the gap from yesterday @ 1333.25. could be bear bait....

[cougar]

My espresso machine suggested:: “Some Dow-pixy-dust in your coffee, Sir?…Excellent for your basic longs…"

[BullBear52x]

I look at this first bullish divergence seriously, Bulls need to succeed and taking back the ball right here or else.

[Cobra]

futures still hold, but looks like it'd breakdown.

Any evil plan for today?

no evil plan for boring day.

[BullBear52x]

Look at ES 5min. here, I think bears will have their say today.

[agnosia]

futures still hold, but looks like it'd breakdown.

Any evil plan for today?

no evil plan for boring day.

lol. i think you hit the nail on the head i am going out to play with my nephews who are visiting. have fun today guys + gals(?) ....

[cougar]

The VIX inverted H&S, suggested yesterday, is now confirmed. The next leg up could take us to the 18.8-19 zone.

[Tabby]

Look at ES 5min. here, I think bears will have their say today.

BB52X,
When you have time (off the market hours), could you please post a chart on $RVX with BB for past 20 days?
I see based my chart TZA is good for day trading but I am not sure if my data is accurate.
Thanks alot.

[I_Got_Prechterized]

bear trap laid again this morning. all you have to do is watch the high beta garbage, none of which sold off.

[Cobra]

still nothing to say, but since the push down is overlapping, so I assume the price action so far is not bearish.

[BullBear52x]

Look at ES 5min. here, I think bears will have their say today.

BB52X,
When you have time (off the market hours), could you please post a chart on $RVX with BB for past 20 days?
I see based my chart TZA is good for day trading but I am not sure if my data is accurate.
Thanks alot.

I'll look into it some more, here MA band, Bullish base.

[BullBear52x]

short term you got to be bearish when RSI is below 50, this is why I said Bulls need to take back the ball back right here or else.

[cheech]

Financials have dropped 2% the past few days. That's not bearish? lol

[Tabby]

Thanks BB.
I see $RVX spiked out of BB 6/16, 20,,23,27,and 7/05 and 6. It was good only for quick trade on TZA. Market cap on TZA is going down. It seems, it is a trap. One could make a quick profit but got have a FAsT finger.

[rola]

Cobra what about head and sholders formation¨?
Thanks

[BullBear52x]

Look at Transportation, leading indicator?