09/08/2011 Intraday Watering

[Cobra]

Paging Tabby.
SPX http://99ercharts.blogspot.com/2011/09/spx_5561.html

Calling AAA towing company. The Car not starting today. I keep telling the engine " Yes, we can."
10-4

[heavenskrow]

These markets are so boring.....so predictable recently with the highs and lows within the bear flag...
Yawwwn =p

[KENA]

Paging Tabby.
SPX http://99ercharts.blogspot.com/2011/09/spx_5561.html

Calling AAA towing company. The Car not starting today. I keep telling the engine " Yes, we can."
10-4

I did not know they Obama engines.Ha

[99er]

Vroom vroom.
SPX http://99ercharts.blogspot.com/2011/09/spx_3371.html

[stockcycle]

1200 broken down! Not good for Bulls or today is a high volatility day and good for nimble day traders.

[BullBear52x]

I see very importance sign development, /ES open interest dip below 1 today. a trade back up above 1230 (/ES) a new yearly high is most likely, sell now until it breaks up before back up a truck for the long side.

That does look like a really interesting chart. There does seem to be a rally after each highlighted spot but sometimes after a new low and sometimes not. I am not sure how to interpret. Does this mean that institutions are on the sidelines and neither long or short but that they will move soon?

this is daily, longer term out look, we should retest recent low before a real short squeeze, but since last time OI low we could not take out new yearly high, this tells me a long term top is in, but for short term trade a big fight will happen here, do or die time. a trade blow august low is dangerous for bulls.

The change in the OI is due to contract switch over from Sept to Dec. No significant meaning, I think.

Just register and been enjoyed this board a lot. Nice posts from all of you here.

OEX, moth end, quarter end, and year end. the price proceed from these date can tell a lot. but that just me.

[sniffer]

I have a little doubt about today's rally as it's not broad based. Tech is leading. I'd be very interested to see when gas is at $5 a gallon how many people are willing to upgrade their iPad.

No money to buy gas to travel around, buy an iPad to surf shops and chat with people on net

[99er]

Greek One Year...

http://4.bp.blogspot.com/-v8jcM3zjn5I/T ... -09-07.png

Yielding 97%.

[BullBear52x]

Greek One Year...

http://4.bp.blogspot.com/-v8jcM3zjn5I/T ... -09-07.png

Yielding 97%.

scary, but hey! print/borrow more to prevent social unrest. they just can not take the truth.

[aleatoric]

I'd like to go long around 1185 ES. Uempel you still looking to go long?

[BullBear52x]

Intraday line in the sand.

[CognitiveDissonance]

These markets are so boring.....so predictable recently with the highs and lows within the bear flag...
Yawwwn =p

Wish I had the skills to follow it that well, still learning.

[agnosia]

These markets are so boring.....so predictable recently with the highs and lows within the bear flag...
Yawwwn =p

lol.. so why not trade these 'predictable' patterns and make tons of money ?

[BullBear52x]

These markets are so boring.....so predictable recently with the highs and lows within the bear flag...
Yawwwn =p

lol.. so why not trade these 'predictable' patterns and make tons of money ?

Why tons not Grizillions of it, sinful amount of it

[99er]

Hey CD...nice to see you here.

If you don't have it, I would recommend Technical Analysis of the Financial Markets by John J. Murphy. It's all you need.

[heavenskrow]

These markets are so boring.....so predictable recently with the highs and lows within the bear flag...
Yawwwn =p

lol.. so why not trade these 'predictable' patterns and make tons of money ?

I have cash account and all my money has been in TMF from Feb, July, and the 1st of September...
I just keep adding and adding to my winners sir..

Now if I had a margin acct, that would be a different story

[quientuves]

sinful amount of money? that's impossible. an oxymoron.

[agnosia]

?
Why tons not Grizillions of it, sinful amount of it

exactly, i want to be rich enough so that i can wipe my arse with 100$ bills ...

[StrikePrice]

Really tricky time to trade now. Could have finished the move up and starting a grind down to retrace move up or could still be more up to 1208-1220. I don't know which one, do you?

[BullBear52x]

?
Why tons not Grizillions of it, sinful amount of it

exactly, i want to be rich enough so that i can wipe my arse with 100$ bills ...

You need start with one dollar bill first to get the feel for it.