10/10/2011 Intraday Watering

[Cobra]

still such kind of consolidation is bullish.

[Al_Dente]

PAGING MICHELLE ma belle, everyone else please move along
Please confirm u have access 2 all this research yrself, and I don’t need 2 do jing screenshot ???

Many thanks to you for this info. No, I don't have access to it.

Michelle ma belle
FCX CEO said Friday Reuters: disconnect btwn fundamentals and demand [meaning stock price too low], but CEO talk, usually grain-of-salt, even tho he pretty straight shooter.

[HappyFriday]

Over 50 days average, consolidate and then go higher

[Mr. BachNut]

XLF up big but only now ticking above Friday's high. TED spread still ticking up. Hmm. Something is off or at least divergent or I am just clueless...

[heavenskrow]

man EDC and ERX is on fire...

[CognitiveDissonance]

man EDC and ERX is on fire...

I think China announced its own bank bailout.

[ActiveTrader]

I am trying to find a good swing entry for the SPX as I think the market has likely found its low for the fourth quarter. It seems like the SPX no decent retraces until everyone thinks it will run away either on the upside/downside and then retraces 50% or more once everyone jumps on the train. Trying to swing trade SPX is not easy in my opinion. Any other takes on swing trading the SPX would be appreciated. Maybe I should go back to swing trading individual stocks.

[BullTart]

Things are unfolding as I had hoped.

JBTFD until we hit the 80 weekly SMA at around 1210. Then start scaling into shorts once we bust above the weekly 80 SMA and keep adding shorts all the way to 1250.

If markets continue to bust higher, then begin to cover shorts at 1270 and start going long (this is doubtful to happen though, but if it does, this is the plan).

This is the super simple plan I will be following.

[CognitiveDissonance]

SPY P bar

[Mr. BachNut]

Funny, I am not seeing any P-bars. My charts come off of Fidelity.

[CognitiveDissonance]

Funny, I am not seeing any P-bars. My charts come off of Fidelity.

it disappeared once I refreshed

[Al_Dente]

XLF up big but only now ticking above Friday's high. TED spread still ticking up. Hmm. Something is off or at least divergent or I am just clueless...

Mister Bach: u rarely clueless, u usually spot on, like now for example.
Here is another “take” on our favorite Mister Ted: Last time $TED was at 0.386 (where it is today), SPX was 1025-1050
(I had to delete $LIBOR from my stockcharts, as it was quoting wrong last week)
maybe xlf crazy short covering, maybe teddie speaks truth… we’ll see soon enuf…
http://stockcharts.com/h-sc/ui?s=$TED&p ... =245697340

[waverider]

Funny, I am not seeing any P-bars. My charts come off of Fidelity.

me neither, stockcharts

[spuderik]

I see it on Scottrade chart but not on my IB chart

[waverider]

Does anyone besides Cougar here use TradeStation? Is there a monthly fee?

[progruss]

I see it on Scottrade chart but not on my IB chart

I see it on Stockcharts and TDA... SPY tail @ 118.34

[rola]

http://www.zerohedge.com/news/greek-1-y ... -time-ever

[seekingknowledge]

Funny, I am not seeing any P-bars. My charts come off of Fidelity.

I still see it on TDAmeritrade -- using Strategy Desk.

[KENA]

Got a P Bar about 10 min ago At 118.33. Lets see.

[Mr. BachNut]

I see it on Scottrade chart but not on my IB chart

I see it on Stockcharts and TDA... SPY tail @ 118.34

Got that one.