08/17/2011 Intraday Watering

[BullBear52x]

OK, buy the DIP crew, this is it. or is it? Pos D

[Al_Dente]

spy - psar sell on 5min also - erx-

Thanks a lot, because what I really needed was another indicator; I just added the parabolic SAR to my 5m charts. Quit it already.
PS: I liked your spy stop at 118.30 from yesterday

[uempel]

This linear chart looks real ugly for the bulls: axis/centerline of black channel is about at the same spot as the DMA 377 (75.4 on the weekly). The implications of this chart really put me off, as I prefer to trade with the bulls...

[heavenskrow]

these are my charts...what do u guys think?

[soku]

Long XME 56.74; I have to hold for 3 days; I'm using unsettled funds.

Ouch petsamo. You should be able to open a margin account, then you can sell whenever you dammmm want (unless it's IRA). No, you DON'T have to load up on margin, they just charge you a few dollars margin interest if you sell before settlement.

With less than 25K,only 3 trades per 5 bussiness day (for daytrading). He still needs to wait 3 days for 4th trade unless he buys it before or after market hours.

u worried wrong thing for him.
he is trading his ira account which has the 3 day rule for unsettled fund. if cannot day trade, u can at least sell the next day.
pet, it's time to think of protective option strategy.

[AK84]

Long XME 56.74; I have to hold for 3 days; I'm using unsettled funds.

Ouch petsamo. You should be able to open a margin account, then you can sell whenever you dammmm want (unless it's IRA). No, you DON'T have to load up on margin, they just charge you a few dollars margin interest if you sell before settlement.

With less than 25K,only 3 trades per 5 bussiness day (for daytrading). He still needs to wait 3 days for 4th trade unless he buys it before or after market hours.

That sucks Tabby

Gotta hate FINRA!!!!

So many times I have not been able to close nice gainzzzz coz of this stupid DT rule!! and then the next day its a loss But i always hedge my overnight riskkk

[shumushu]

Trendline needs to hold for more downside action.

[grachu]

Cobra, is this just an intra day second leg down or the real thing we been waiting for ? testing the lows 1170 or less . thanks you . u r the man

[Al_Dente]

Okay, price lower low, but VIX lower high indicates bull for the moment

[soku]

obama on tv now. breaking news, he said economy is better than when he started.
if he can say that way, then he can also say economy under his administration is better than most of the american history with only exception to clinton and early bush years. so he will be the nation's 3rd most successful president in economy only next to clinton and bush. since all problem we have now are inherited from bush, and clinton is on his team, so he is actually #1. yeah we win again

[uempel]

Cobra, is this just an intra day second leg down or the real thing we been waiting for ? testing the lows 1170 or less . thanks you . u r the man

Very good support at 1160...

[agnosia]

trying a short here at /es 1189, stop 1192

[99er]

RUT
Update.
http://99ercharts.blogspot.com/2011/08/rut_17.html

[AK84]

So Cobra Impulse is now officially in short mode

[Cobra]

could be small push down here, so may rebound. Lunch time, will be back.

[Dow Trader]

3 charts for ES and SPY traders :
weekly, daily and hourly to show how this area is important and worth fighing

[99er]

DWCF
Weekly.
http://99ercharts.blogspot.com/2011/08/dwcf_17.html

Long Hot Summer.

[jarbo456]

been short all day, and finally looking like it's working out.

[wxstone]

these are my charts...what do u guys think?

frog is cobra's favourite.

[v1stock.com]

if flash crash what to do?

plan a
set low buys - spy 111.00 & 106.00 & 101.00

plan b
remove all stops

plan c
sit on hands

please ad to this.