10/07/2011 Intraday Watering

[Mr. BachNut]

i have my own objections to ZH, but i do read his stuff pretty religiously everyday.

i have to put this up for being pretty poignant and funny, for those that don't get a chance to go over there and read his entries...

http://www.zerohedge.com/news/epic-grot ... iday-humor

Tyler so hyperactive, so exhuberant, hyperbolic, all adjectives, usually makes it NICE AND EASY to separate the fact from his fiction/sarcasm.
I swear, if William Faulkner were alive today, he’d probably call Tyler Durden “requiem for a noun”

PS: internal data = incredible bear strength
But guess who is watching for any signs of u-kno-what ?
Hurt em jar; get em good

If you strip away the hyperbole, sensationalism and bearish ranting, there is a lot of factual data they report that is quite useful and generally ignored by the mainstream media. That's why I check in on them.

[uempel]

Guys, don't forget to have a look at cu from time to time: up 5% for the week, up yesterday and today. And whoever don't know: equities and cu tend to go hand in hand (been hand in hand for the last 8 years):

[pidge66]

good, need break the blue line above to confirm the double bottom.

Cobra,
Do you really want the mkt to go up or you're just playing devil's advocate?

[uempel]

Bye, I'm off. Have a great weekend!

[tdo722]

good, need break the blue line above to confirm the double bottom.

Cobra,
Do you really want the mkt to go up or you're just playing devil's advocate?

We're here to make money on both sides.

[BullBear52x]

Seeing a high for the day is in by observing the 4h candlestick which usually indicate 1st half of the day and 2nd half of the day. This is for RUT. If at the end of the day that bearish candle remains then I'll hold my shorts over the weekend.

LoL, you're in TZA, what are you complaining about. I am chicken don't like 3x TZA haha...

Just being funny.

[wayne0708]

Cobra:
nice call on wave and fib count.

[Michelle]

CAT is setting up a nice IHS

[uempel]

good, need break the blue line above to confirm the double bottom.

Cobra,
Do you really want the mkt to go up or you're just playing devil's advocate?

Look at cu, look at the bullish percentages

[Mr. BachNut]

XLF getting crushed. -3%. Not a good way to end the week.

[pidge66]

good, need break the blue line above to confirm the double bottom.

Cobra,
Do you really want the mkt to go up or you're just playing devil's advocate?

Look at cu, look at the bullish percentages

Down.

[BullBear52x]

Bye, I'm off. Have a great weekend!

where are you going? one more hour at least, I know it's Friday. I am staying in, plan my over the weekend shorts, this is the best time when 90% of people here are bullish. too many people trust the fed than their own charts have a good one.

[Michelle]

I should have said CAT on the four week, four hour chart, IHS

[rocstocktrader]

1,164 in SP 500 and 2,483 in Nasdaq Composite are support levels.

http://stk.ly/qYFCaS

[jarbo456]

for those that were asking about SLV the other day, i added to my long at 29.95. it's the bottom of the channel, and i think it's more bullishly inclined.

[Al_Dente]

Correction: yes bear internal strength…. But what? dow only down -20 points?? Do I need new glasses?
This kind of internal bear strength should be good for AT LEAST down -100 or more
Mmmmm
Semis turn green
What else???
Where are our shark top/bottom finders on this board
Is something turning here…. just another flag…or more?

[wayne0708]

Cobra:
Do you think hod will be taken out by eod?

[BullBear52x]

Bulls got to break out the wedge to make a believe out of me.

[janez]

back in SDS at 24.23. Still believe it should up more. Good luck to all.

[KENA]

It may be..Dn to 1140?? lets see.