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09/08/2011 Intraday Watering

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Al_Dente
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Re: 09/08/2011 Intraday Watering

Post by Al_Dente »

Okay, you’ve all had time to digest it.
Someone please post what ben just said.
FOUR SENTENCES ONLY.
Plain English (no “Twist” analysis allowed).
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
uempel
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Re: 09/08/2011 Intraday Watering

Post by uempel »

Covered yesterday's shorts at 1185 and went long:
SPX17.png
SPX16.png
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CognitiveDissonance
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Re: 09/08/2011 Intraday Watering

Post by CognitiveDissonance »

My take:

Let's wait and see, but we'll all play together with the EU to make this happen...somehow...please believe us....please...everything is going to be OK.
@cognitivebias1
agnosia
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Re: 09/08/2011 Intraday Watering

Post by agnosia »

there will be no breakdown... long w/ avg 1181... stop LOD.
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BullBear52x
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Re: 09/08/2011 Intraday Watering

Post by BullBear52x »

Al_Dente wrote:Okay, you’ve all had time to digest it.
Someone please post what ben just said.
FOUR SENTENCES ONLY.
Plain English (no “Twist” analysis allowed).
more tools more times.
economy worst then thought
int. @ zero until 2013
bad jobs number will be with us longer
My comments are for entertainment/educational purpose only. NOT a trade advice.
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Cobra
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Re: 09/08/2011 Intraday Watering

Post by Cobra »

too bad, no follow through, now I need see the next few bars, the direction is not clear.
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Al_Dente
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Re: 09/08/2011 Intraday Watering

Post by Al_Dente »

BullBear52x wrote:Bad bad bears

LOL. Soooooooo funny. Please keep this pix handy and re-post when we most need it again.
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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heavenskrow
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Re: 09/08/2011 Intraday Watering

Post by heavenskrow »

Remember the business cycle guys??

3rd=inflation rises, interest rates rise. Consumer expectations and industrial production top out. Basic materials then later into energy.
What we had going into 2011.

Economic Cycle of contraction=
1=Inflation stabalizes, interest rates top out, industrial production and consumer expectation fall. Consumer staples bullish.
2=industrial production and consumer expeectation slow down. Utilitiues, then int rates come down then financials, consumer cyclicals= Current business cycle.


Look for bullish business cycle:
Economic Cycle of growth:
1st=Inflation low and falling, interest low. Industrial Production, transportation, then Tech.
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Cobra
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Re: 09/08/2011 Intraday Watering

Post by Cobra »

BullBear52x wrote:
Al_Dente wrote:Okay, you’ve all had time to digest it.
Someone please post what ben just said.
FOUR SENTENCES ONLY.
Plain English (no “Twist” analysis allowed).
more tools more times.
economy worst then thought
int. @ zero until 2013
bad jobs number will be with us longer
This is not Ben usually says.

It should be:

More tools if needed.
economy will be fine.
int. @ zero until forever.
Jobs numbers are OK.

Like to read more of my commentaries? Please subscribe my Daily Market Report.
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cjb98
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Re: 09/08/2011 Intraday Watering

Post by cjb98 »

BullBear52x wrote:My crystal ball telling me that these support will be broken.

Can we also break to the upside as the ES open interest dip was below 1 today and we usually rally following this occurrence?
:?
AK84
Posts: 574
Joined: Tue Feb 15, 2011 5:09 am

Re: 09/08/2011 Intraday Watering

Post by AK84 »

Cobra,

Any thoughts on tomorrow ? just trying to position and anticipate ....more likely down due to the selling pressure today and hit resistance at 1205 to form right shoulder on 60 min?



Thanks.
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Cobra
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Re: 09/08/2011 Intraday Watering

Post by Cobra »

AK84 wrote:Cobra,

Any thoughts on tomorrow ? just trying to position and anticipate ....more likely down due to the selling pressure today and hit resistance at 1205 to form right shoulder on 60 min?



Thanks.
so far I don't see the market wants to go down.

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BullBear52x
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Re: 09/08/2011 Intraday Watering

Post by BullBear52x »

cjb98 wrote:
BullBear52x wrote:My crystal ball telling me that these support will be broken.

Can we also break to the upside as the ES open interest dip was below 1 today and we usually rally following this occurrence?
:?
we go low first to shake out the unbelievers :) . unless Aug low is taken out.
I go with what is in front of me, for now is critical turning point. a battle zone.
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Last edited by BullBear52x on Thu Sep 08, 2011 2:51 pm, edited 1 time in total.
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BenAndLloyd
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Re: 09/08/2011 Intraday Watering

Post by BenAndLloyd »

So why is market going down after Ben promised more stimulus? Isn't this what market wanted?
lilitulip
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Re: 09/08/2011 Intraday Watering

Post by lilitulip »

BullBear52x wrote:Bad bad bears
poor penguin
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Al_Dente
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Re: 09/08/2011 Intraday Watering

Post by Al_Dente »

Cobra wrote:
BullBear52x wrote:
Al_Dente wrote:Okay, you’ve all had time to digest it.
Someone please post what ben just said.
FOUR SENTENCES ONLY.
Plain English (no “Twist” analysis allowed).
more tools more times.
economy worst then thought
int. @ zero until 2013
bad jobs number will be with us longer
This is not Ben usually says.

It should be:

More tools if needed.
economy will be fine.
int. @ zero until forever.
Jobs numbers are OK.
Cool, so, BEAR, except for questionable BULL tools, and except for free money 'till '13.
I think heavenskrow really should get some of that free money, so he can keep jacking up the TMF.
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
AK84
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Re: 09/08/2011 Intraday Watering

Post by AK84 »

Cobra wrote:
AK84 wrote:Cobra,

Any thoughts on tomorrow ? just trying to position and anticipate ....more likely down due to the selling pressure today and hit resistance at 1205 to form right shoulder on 60 min?



Thanks.
so far I don't see the market wants to go down.
Thank u !
agnosia
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Re: 09/08/2011 Intraday Watering

Post by agnosia »

i'm shaking... we are going DOWN... ok they put the fear in me, lets reverse already :)
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Cobra
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Re: 09/08/2011 Intraday Watering

Post by Cobra »

no good, kind like a Descending Triangle to me.
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BullBear52x
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Re: 09/08/2011 Intraday Watering

Post by BullBear52x »

Big gap down is in the making, OBAMA better don't misread his prompter tonight

see my MA band and a gap set up. this time could be difference.
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Last edited by BullBear52x on Thu Sep 08, 2011 3:02 pm, edited 1 time in total.
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