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08/29/2011 Intraday Watering

Re: 08/29/2011 Intraday Watering

Postby Mr. T » Mon Aug 29, 2011 3:59 pm

Look at that - it just broke it.

That theory is toast.
-T

"Treat Your Mother Right!!!!"
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Re: 08/29/2011 Intraday Watering

Postby heavenskrow » Mon Aug 29, 2011 4:02 pm

awesome day today, peace guys! :D
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Re: 08/29/2011 Intraday Watering

Postby tapesense » Mon Aug 29, 2011 4:03 pm

Thanks Cobra and all for a great forum 8-)
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Re: 08/29/2011 Intraday Watering

Postby sola » Mon Aug 29, 2011 4:09 pm

TICK closes above 1000 again...
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Re: 08/29/2011 Intraday Watering

Postby frankthetank » Mon Aug 29, 2011 4:28 pm

Finishing at the highs of the day and with no retracement signals a bear day for me. (not to mention stochatics are really over bought, momentum falling, short term chaikin falling) Add in Consumer confidence is at 10 am tomorrow are we going to have a bullish start to the day tomorrow?
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Re: 08/29/2011 Intraday Watering

Postby shumushu » Mon Aug 29, 2011 4:46 pm

frankthetank wrote:Finishing at the highs of the day and with no retracement signals a bear day for me. (not to mention stochatics are really over bought, momentum falling, short term chaikin falling) Add in Consumer confidence is at 10 am tomorrow are we going to have a bullish start to the day tomorrow?


The answer to your question: YES. Since there is no retracement, its a strong up day. Since its overbought and it keeps on rallying, it suggest the strength is still strong.
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