10/27/2011 Intraday Watering

[MrMiyagi]

I am astounded by how many people here can make so many assumptions of where they think the market has to go without truly substantiating their claims with any well-document charts, etc.
It seems like we are at in pit hole in some sort of medieval market-square.
Its a nuisance because there often are excellent contributions that get lost in the endless chatter. I would very much welcome a bit less postings but keep the well founded one coming!

That's what you get for a free open forum. I don't find it a nuisance, everyone here can add something, no one is talking about which way they "hang", it's all part of the package.
Sometimes I don't need to chart something, I can surmise just by looking at a chart, no further development needed and then I post my thoughts for all to see and weed out.

[mac769]

Market getting higher and higher on lower and lower volume:

<script src='http://img80.imageshack.us/shareable/?i ... d.png&p=tl' type='text/javascript'></script><noscript></noscript>

Now spread between actual and VWAP is > 0.75% which seems a bit scary, or what do you think?

[illinikap]

Looks like no one is shorting at these levels, hence the pull backs of only couple of points since we made new highs

[Al_Dente]

http://www.youtube.com/watch?v=GbKlvWvpD2g

the program button that if you'd like to ignore a poster you can click on it so you don't have to deal with his/her uncommon believe
Thanks for the song, slow love song can not go wrong.

OMG OMG where is that ignor bar???
Here is nina’s sister, from Cobra’s Country
http://www.youtube.com/watch?v=OFeLnR9uF-k

[agnosia]

looks like they are gunning for the /es 1282.75 gap from long long ago

[pidge66]

Anyone sees the p-bar on SPY at 134.32? Is it "window dressing" to make it look like the gap has been filled?

[alvian33]

cobra, you still think todays gain will be evaporated in few days, sorry to ask if someone already asked this, thanks

[alvian33]

Anyone sees the p-bar on SPY at 134.32? Is it "window dressing" to make it look like the gap has been filled?

no

[Cobra]

cobra, you still think todays gain will be evaporated in few days, sorry to ask if someone already asked this, thanks

Yes, at least retreat partial, assume the NYMO reading is very extreme after close. If however NYMO doesn't move a bit, then the argument is no valid.

[frankthetank]

4 p bars in the last 3 hours. Is this a sign that were going to the moon. Who the hell is buying after 13 of 15 candles have been green on low volume.

[uempel]

Sorry guys, I was wrong: points to 1281.99

[zudec]

Anyone see TBT getting to 34 over next 90 days besides me?

[Cobra]

Market getting higher and higher on lower and lower volume:

<script src='http://img80.imageshack.us/shareable/?i ... d.png&p=tl' type='text/javascript'></script><noscript></noscript>

Now spread between actual and VWAP is > 0.75% which seems a bit scary, or what do you think?

you don't need imagesharck to update your image. go to Getting Started to read how to post images, it's very simple.

[BullBear52x]

How over bought are we? looking at this Hourly RSI (5) and (14) sell short here you will not lose money, but how much to gain? use trailing stop once you're in the money. take the frustration out of a trade when you counter the trend.

[Petsamo]

CLF & AMD are reporting after-hours today, yet they're rallying to the moon.

[swinger]

short squeez.

[EvilTrader]

short squeez.

I see shorts in terrible pain now.

The market is mean.

[jarbo456]

to the MOON. -_-

this market is busting a nut as if it's christmas two months early!

sorry for my "nuisance" chatter. i didn't even open my trading platform today because i knew i would be too emotional about this ridiculous gap up today.

sometimes the best trading is done when you avoid doing it!

[StrikePrice]

Wave 4 Running Flat. Wave 5 target 1290.

your count is a little different than mine. I count on 1hr TF and wave 3 ends at 1293 minimum. then wave 4 down from there to correct anywhere between 38.2 to 61.8%. Then after that wave 5 as we know will be short live.

Ah. Yes. That is my Alternate count right now. I am very late to turn from Bear to Bull. No Bearish count works for me anymore now that 1262 was taken out.

[CognitiveDissonance]

Anyone catching the divergence? I'm seeing it all over the place. Here's one chart for kicks - notes on macd.