09/26/2011 Intraday Watering

[jarbo456]

I would have to call this hour a bear teasing time with Hawaiian Luua dance

yeah, def not looking good for the bears.

[q2model]

hmm, underestimated bulls, let's see if this time it can make a decisive high. well, at least so far goes exactly as I planed.

What is your plan?

didn't you read the previous post?

Missed the evil plan for some reason. Thanks.

[jarbo456]

the dow/nasdaq divergence is pretty extraordinary. over 1.5% spread.

[EvilTrader]

Go BULLS !!!

I'm long SPY @ 113.7

A little cheering may help, you know

[soku]

the train is leaving w/o me. i don't like it but have to admit it.
if es can take 1150.75, technically it is heading toward 1180s

[keesa]

I would have to call this hour a bear teasing time with Hawaiian Luua dance

yeah, def not looking good for the bears.

ES last night reached 1150, this pop has not reached that yet. Bulls are celebrating way too early.

[keesa]

the train is leaving w/o me. i don't like it but have to admit it.
if es can take 1150.75, technically it is heading toward 1180s

You can say that last night. After 1150, ES went back down below 1119.

[Al_Dente]

real squeeze here?
can banks and dow carry the load alone?
short interest numbers say maybe
I thought window dressing was next week... this week?

[EkOnkaar]

be prepared for the breakout. bulls need a decisive breakout, otherwise, it'd be just a stop run.

This may breakout, but the trend has changed imho..I will wait for bearishness to reexert itself..There's too many freaking bulls out there playing with free printed money..it is quite disgusting..
Ek

[shumushu]

nasdaq and russels needs to confirm for me to be bullish, or else its a trap to me. We are right at 38 fib right here at 1147

[soku]

real squeeze here?
can banks and dow carry the load alone?
short interest numbers say maybe
I thought window dressing was next week... this week?

where is yr chart? got technical moment? i am using firefox. there are bunch of add-ons for print screen. the one i am using is called fireshot

[agnosia]

key area is 1148.25 weekly /es pivot. this feels like a murderhole but i am gonna stay long from 1142. moved stop to even.

[Mr. T]

Isn't this the finish of a three push up?

[KENA]

Sold my protective call to early..But thats the market.Lets see.

[BeijingGeGe]

be prepared for the breakout. bulls need a decisive breakout, otherwise, it'd be just a stop run.

Oh， Yeah!

Looked at 15-min chart, I see 6 bull bar in a row. Anybody wants to buy now? not me at least

[agnosia]

ok weekly pivot cleared, gap fill here we come.

[Al_Dente]

real squeeze here?
where is yr chart? got technical moment? i am using firefox. there are bunch of add-ons for print screen. the one i am using is called fireshot

just eyeballing stats alone:
Dow +1.88%
SPX +1.44%
COMPQ (NAS) +0.21%
$DJUSCC (semis) off -1.02%
RUT +0.42%
$BKX (banks) +2.80%

Hence, dow + banks leading the board, carrying the load
Materials strong too DJUSBM +2.12%
This from 3:13ET, changed already

[BullBear52x]

Made it to 5 dma so far, don't mess with the sleepless bankers.

[Cobra]

Fib 38.2%.

[soku]

the train is leaving w/o me. i don't like it but have to admit it.
if es can take 1150.75, technically it is heading toward 1180s

You can say that last night. After 1150, ES went back down below 1119.

last night i was there. the rumor on eur crash didn't happen over the weekend. es was pushed to 1150 during asian hours. i short at 1145 and covered at 1125ish then went to sleep. after europe open, the market really gained strength. pure chart reading and trading, i see a series of higher lows and higher highs.
the rumor that italy would be downgraded is still there. i think it will be. i guess this will be the main topic on the meeting of merkel and sarkozy on 10/1.