10/20/2011 Intraday Watering

[Al_Dente]

okay then, big squeeze on all our "top squeexe" dow stocks: AA JPM GE CVX
they r dow biggest gainers at moment

[DRL]

anyone going long yet? i want to join.

Went Long XLF via FAS at 12.43 Tight stop as I don't have great feeling. Howver up 1% already

[Cobra]

another resistance. nowadays tough to be a bear.

[Dow Trader]

first intraday resistance in ES 1209.50

if hold, target at least 1204.25

[wishful]

volume surge, largest bar, hopefully this is an exhaustion bar. bears are over. this shall be at least 2 legged up.

$RUT/IWM lagged? still weak...1% red

[stucap]

wow, picked the wrong time to go to lunch

[silicon_beaver]

when is 2nd leg to up?

[tdo722]

anyone going long yet? i want to join.

Went Long XLF via FAS at 12.43 Tight stop as I don't have great feeling. Howver up 1% already

Wow, you are brave. saw that but i was chickened to come in and play with u. why didn't u say anything. i would have joined u.

[Petsamo]

I think we have a downleg.

[tdo722]

Man, I gotta put this down on a note somewhere, whenever it gets to 50% retracement, it likes to hang out and chit chat. Then when it gets to 61.8% it will either reverse or chit chat more and go up to the next level which is close to 100% retracement.

[GreedyKojiro]

Bought a small batch of ERX at $43.61

My UNG filled at 8.88, yes, baby go bulls go.

yes we can! yes we can!

Just back from lunch... yes we can! yes we can!

[Cobra]

as long as no sharp pullback, a consolidation here is good for bulls.

[Richarab]

anyone going long yet? i want to join.

Went Long XLF via FAS at 12.43 Tight stop as I don't have great feeling. Howver up 1% already

Wow, you are brave. saw that but i was chickened to come in and play with u. why didn't u say anything. i would have joined u.

there is a scene in inception - where they are sitting at the cafe and the dream all blows up - that's a bit how i feel sitting at Trader Vix right now...

[Al_Dente]

PAGE BB52x
take it down a notch
http://www.youtube.com/watch?v=mjT5jMKc_B4

[tdo722]

as long as no sharp pullback, a consolidation here is good for bulls.

please give us a number sir.

would $120.69 consider a sharp pullback?

[Cobra]

as long as no sharp pullback, a consolidation here is good for bulls.

please give us a number sir.

would $120.69 consider a sharp pullback?

no number, trading is an art.

[zhyuan04]

as long as no sharp pullback, a consolidation here is good for bulls.

Hi Cobra. Are bears over again? Or we need to wait for market close to make conclusion?

[silicon_beaver]

that's too much for consolidation,

[agnosia]

buy-able pull back? feels like we're gonna revert back to the mean again.

[Cobra]

well, hopefully the previous bar was an exhaustion bar, therefore at least bulls take a breath here.