10/24/2011 Intraday Watering

[BullBear52x]

PAGE BB52
bet u missed 10 points on BIDU when I called it out earlier….(and if I had only listened to my own dang post… I woulda been long too…. and out already)… u just tooooo slow bud….
PS: I’ts one thing to call me “Wussie”, entirely different thing calling me a “Church Lady”… just don’t call me noodles
$NYADV just confirmed this little squeeze high, everything else confirmed too (?)
http://stockcharts.com/h-sc/ui?s=$NYADV ... listNum=15

Nice call, I saw that earlier but BIDU or GOOG is not my thing, I can handle semiconductors stuff not internet.

[agnosia]

ok looking for gap fill now. 100% long looking for 1257.25

sold half on cobra's or target being reached. leaving the other half for 1257. stop is now 1249..

[spuderik]

This is the type of rally that record low sentiment (NAAIM) creates.

Until we see some capitulation in the VIX, it is hard to take any medium term short trade.

In the larger context, keep in mind that copper bottomed 3 months before the stock market lows in 2009, and nearly 1 month before the stock market lows post-Flash Crash 2010. This time around? Copper bottomed coincident with the market, then nearly re-tested its lows, and the market didn't even come close.

[EFA]

OR breakout target reached. Normally it's mini target.

Cobra,

Are you still of the opinion that "huge up Monday" would make Tuesday a good day to bet pullback"? Does it have to close at this level to be considered "huge up Monday"?
Would the pull back be in the area of $123 (daily SMA).
Thanks Cobra!

[HappyFriday]

DOW will break through 12000 before we see any downturn in my opinion.

Even Karate Kid Sensai is here too.

[Al_Dente]

PAGE BB52.....

Nice .

BB: my 1m says this high just “cured” the double neg d we’ve been working for past 2 hours…. Can u verify? I am on diff platform w diff setting

[StrikePrice]

Dow a little shy of IHS target but I'll take a short trade here.

[waverider]

Guys this is the chart where i said all the bears will be killed from the 6th of October
Now I would be cautious until we can break that resistance.....

Dollar breaking down and bonds showing weakness really helped fuel the rally recently.

Thanks, can you specify what this chart is?

[99er]

So honey...what's for lunch?
SPX http://99ercharts.blogspot.com/2011/10/spx_9053.html

Grilled wieners.

[Cobra]

OR breakout target reached. Normally it's mini target.

Cobra,

Are you still of the opinion that "huge up Monday" would make Tuesday a good day to bet pullback"? Does it have to close at this level to be considered "huge up Monday"?
Would the pull back be in the area of $123 (daily SMA).
Thanks Cobra!

Yeah, only close counts and it's for aggressive traders only.

[Cobra]

hey cobra is there a bull bar hourly rule? there are now SEVEN hourly positives on /cl... i know u have a stat on bear bars.

he said the other day that there's no such rule for bull bars...and that again, it shows how unequal it is to be a bear. -_-

correct. Usually bulls need are imagination only.

For example.

down 4 days in a row on SPX, bull has great edges.
Up 4 days in a row on SPX, it's noting for bears.

[BullBear52x]

PAGE BB52.....

Nice .

BB: my 1m says this high just “cured” the double neg d we’ve been working for past 2 hours…. Can u verify? I am on diff platform w diff setting

Now we have Neg D. on 5min. not at my 1m. MACD still strong though.

[MrMiyagi]

Tapping into TZA for intraday.

[EvilTrader]

Here comes the Bear Cavalry

[agnosia]

short 91.20 crude. flat, stopped out /es... i took the /cl trade because the 10ema on the 5min seems to be acting as resistance and the risk was only .05c. stop is even.

[BullBear52x]

bears need to take out 125 for me to day oh yay.

[bonzodon]

Tapping into TZA for intraday.

Good call so far. Let me know when u exit

[StrikePrice]

Look for SPY below 125.41 at 2:30. That will confirm my sell signal. I anticipated the signal, which is what we must do to gain edge.

[stocksage]

Well I'm short 10 ES contracts at an average of 1247.50. If this level holds $nymo will be through the roof. Should be an interesting close.

[Cobra]

ChiOsc still high.