08/23/2011 Intraday Watering

[99er]

BB52X

Hey dude...where've you been?

[uempel]

Many possible outcomes, here are two. I've got a bearish bias, but I give the bullish scenario equal odds:

[cougar]

QQQ update: as discussed early this morning

[General doofus]

TLT (20yr treasury) showing a solid RSI bearish divergence on the daily chart. short-term positive for equities.

[BullBear52x]

BB52X

Hey dude...where've you been?

taking long weekend off, wasn't going to trade today or wait until my uncle spoke but my itching fingers got me start, new HOD only going to give us DT neg. D

[Cobra]

Cobra

Do you expefct the rebound to last at least a few days or is this just a one day thing ? CI is now in buy mode so with the 80% success rate should be at least a few more days on the upside correct?


Just wondering as I went long today on a lot of single stocks with trendline breaks on hourly and would like to know if I need to tighten stop loss in case this is a one day thing and tom we are down huge....that would suckkkkk

Thank U !!

I don't know. people are betting on Friday's QE3 announcement?

[99er]

BB52x

Hope you enjoyed the weekend. Missed you at the Weekend Watering Hole.

Your uncle is some dude! When he speaks...people listen.

[BullBear52x]

My first official sell the RIP spot

[cougar]

SPY update and a very risky call: after crossing “the blue line in the sand” SPY target = 116.40
This is the approx. crossing of the Fan line and the bottom of the 08/18 gap horizontal extension.

[AK84]

Cobra

Do you expefct the rebound to last at least a few days or is this just a one day thing ? CI is now in buy mode so with the 80% success rate should be at least a few more days on the upside correct?


Just wondering as I went long today on a lot of single stocks with trendline breaks on hourly and would like to know if I need to tighten stop loss in case this is a one day thing and tom we are down huge....that would suckkkkk

Thank U !!

I don't know. people are betting on Friday's QE3 announcement?

If that is the case, then why is GOLD fallling ?

[Tabby]

Sell sell sell.

BB, I hope you are doing OK and making $$$$$$$$$$$$$$$.

[BullBear52x]

BB52x

Hope you enjoyed the weekend. Missed you at the Weekend Watering Hole.

Your uncle is some dude! When he speaks...people listen.

Thank to you and Cougar, I never skip reading it even when not posting.

[BullBear52x]

Sell sell sell.

BB, I hope you are doing OK and making $$$$$$$$$$$$$$$.

no trade when I was gone today is my first. this time I load up some SRS and UNG today.

[Cobra]

Cobra

Do you expefct the rebound to last at least a few days or is this just a one day thing ? CI is now in buy mode so with the 80% success rate should be at least a few more days on the upside correct?


Just wondering as I went long today on a lot of single stocks with trendline breaks on hourly and would like to know if I need to tighten stop loss in case this is a one day thing and tom we are down huge....that would suckkkkk

Thank U !!

I don't know. people are betting on Friday's QE3 announcement?

If that is the case, then why is GOLD fallling ?

then there's no QE3. so it's just a rebound, isn't it?

[AK84]

Cobra

Do you expefct the rebound to last at least a few days or is this just a one day thing ? CI is now in buy mode so with the 80% success rate should be at least a few more days on the upside correct?


Just wondering as I went long today on a lot of single stocks with trendline breaks on hourly and would like to know if I need to tighten stop loss in case this is a one day thing and tom we are down huge....that would suckkkkk

Thank U !!

I don't know. people are betting on Friday's QE3 announcement?

If that is the case, then why is GOLD fallling ?

then there's no QE3. so it's just a rebound, isn't it?

[uempel]

We're going down.

Yeah, gold is going down

[99er]

Go cougar!

or...Go Volpanacci!

[EvilTrader]

Hello Bears

Feeling squeezed lately ??

[Cobra]

the next resistance.

[Tabby]

AK,

If that is the case, then why is GOLD fallling ?[/quote]

Gary Savage,
The gold trader wrote a week ago that when stock market beat up this, he prefers to move money from gold stocks to some beaten stocks. When stocks get overbought, I'm assuming money will be shifted again to gold/silver stocks.