10/19/2011 Intraday Watering

[seekingknowledge]

well, guess that's it for today. the feeling is more down at least tomorrow morning maybe after reading tons of evidences I'd change my mind, so nothing guaranteed. thank you guys. I'll see you tomorrow.

UPDATED: Forgot to give appropriate minute chart in number one (just added)
Hi, Cobra, Would you, please, provide your thoughts on the following (if you have time):
1) Looks like very nice inverse H&S setting up on Russell 15 min chart
2) 15 -min chart of Russell shows we stopped dead in tracks today on top of 200MA, which (as you already mentioned) is major support
3) The 5-minute chart MACD of Russell and TNA are screaming "going up" and TZA's 5-minute "going down"

I guess I am wondering whether our bear day was today only. The TZA chart almost shouts "going into hibernation".

[Cobra]

well, guess that's it for today. the feeling is more down at least tomorrow morning maybe after reading tons of evidences I'd change my mind, so nothing guaranteed. thank you guys. I'll see you tomorrow.

Hi, Cobra, Would you, please, provide your thoughts on the following (if you have time):
1) Looks like very nice inverse H&S setting up on Russell
2) 15 -min chart of Russell shows we stopped dead in tracks today on top of 200MA, which (as you already mentioned) is major support
3) The 5-minute chart MACD of Russell and TNA are screaming "going up" and TZA's 5-minute "going down"

I guess I am wondering whether our bear day was today only. The TZA chart almost shouts "going into hibernation".

difficult to describe what I see. Just I'm not reading the chart your way. At least IWM chart is neutral.

[seekingknowledge]

well, guess that's it for today. the feeling is more down at least tomorrow morning maybe after reading tons of evidences I'd change my mind, so nothing guaranteed. thank you guys. I'll see you tomorrow.

Hi, Cobra, Would you, please, provide your thoughts on the following (if you have time):
1) Looks like very nice inverse H&S setting up on Russell
2) 15 -min chart of Russell shows we stopped dead in tracks today on top of 200MA, which (as you already mentioned) is major support
3) The 5-minute chart MACD of Russell and TNA are screaming "going up" and TZA's 5-minute "going down"

I guess I am wondering whether our bear day was today only. The TZA chart almost shouts "going into hibernation".

difficult to describe what I see. Just I'm not reading the chart your way. At least IWM chart is neutral.

Thanks for taking the time to review and respond, Cobra. I won't bother you by sending the Russell charts. IWM should match Russell. Thanks again!

[Al_Dente]

THANK YOU COBRA thank you very much

Ha! You beat me, Al_Dente! A good thing! We ALL loooove the King Cobra! THANKS SO MUCH, COBRA!!!! You make me $$$'s.

seeking: can u lend Al a buck or 2?

[seekingknowledge]

THANK YOU COBRA thank you very much

Ha! You beat me, Al_Dente! A good thing! We ALL loooove the King Cobra! THANKS SO MUCH, COBRA!!!! You make me $$$'s.

seeking: can u lend Al a buck or 2?

Sure, for a friend! What's a couple of bucks!

[whzdf]

Thanks!

[rocstocktrader]

Stock market article: “The S&P 500, Apple Earnings, & Feeding The A.D.D. Monster”

http://stk.ly/qYFCaS

[CMT]

Bought SDS 21.29, stop 20.97

Out at 21.70, left a bit on the table!