11/04/2011 Intraday Watering

[BullTart]

Well well, BOTs unleashed to run up all the short stops. Up up the ladder they went and collected.

Now, let's see what happens.

I would think they got into great short entry positions for the weekend fireworks.

If I am right, we just saw the HOD.

[Cobra]

not sure if this is kiss trend line good bye. this picture doesn't look bullish, I'll explain later if indeed rollover sometimes later. otherwise let's forget about any bearish chart pattern for awhile.

[seekingknowledge]

Outright bear rape.

Yup. Like so many days lately, da boyz turned the trade 180 degrees from the open. Absolute B.S. Oh, well, they sure know how to screw us.

[tdo722]

i lied. i didn't go away. i just reversed position and put on 100 contracts of SPY call at 125.15. this gap is getting filled, and then i'm going flat for the weekend.

what was the strike price and expiration date?

[MrMiyagi]

Outright bear rape.

Yup. Like so many days lately, da boyz turned the trade 180 degrees from the open. Absolute B.S. Oh, well, they sure know how to screw us.

Every day I am more convinced that governments want their citizens bankrupt so they can remain enslaved to their desks and pay the politician's salaries.

[pady]

Something like this is what I see as a bear hope. Also as Strike said, retrace is not bad, but does show bull strength.

[ActiveTrader]

ri-fucking-diculous.

bearish flag...breaks to the upside of course. cuz that makes sense.

done for the day.

have a good one fellas.

*&###@@!!! Those are all very bad swear words, just not spelled out. I echo your sentiment 100% jarbo456. Da boys are mean sons of a gun. Note: Replace sons of a gun with very bad words. I am now in the red from what should have been a perfect trade. *&##@@@!

That was a perfect short setup, it just got busted by the buy robots. Ah, you gotta love those bots. Not!!!!!!!!!!! Now we are in whipsawville, fun!!!!!!!!

Well, it is definitely whipping my butt! There have been sooo many of these B.S. kick your butt back and forth days lately. Trading has not been fun lately, just stressful. Should have stayed in cash.

I agree, for me, trading intraday has been difficult lately. Straight up and down without pause. Like Cobra, I was expecting a two legged intraday pullback. Now we just have a trading range.

[waverider]

Champix, do you have any charts on silver? I have a buy stop on AGQ @ 68, looking for silver to fill up to 39 eventually.

http://stockcharts.com/h-sc/ui?s=AGQ&p= ... =247928823

[bubba22]

Mark my words I believe we will rally all next week based upon the weekly charts and turn over at the end of next week or the week there after. Too many people underestimate the power of this rally.

[StrikePrice]

SPX

That should do it.

Maybe. Didn't get to my red line so could squeeze out some more than sell off fast.

[knock]

Well well, BOTs unleashed to run up all the short stops. Up up the ladder they went and collected.

Now, let's see what happens.

I would think they got into great short entry positions for the weekend fireworks.

If I am right, we just saw the HOD.

nod.

sold my es near the HOD.

[seekingknowledge]

Outright bear rape.

Yup. Like so many days lately, da boyz turned the trade 180 degrees from the open. Absolute B.S. Oh, well, they sure know how to screw us.

Every day I am more convinced that governments want their citizens bankrupt so they can remain enslaved to their desks and pay the politician's salaries.

I am in your camp, MrMiyagi. I have often thought the same thing. I am beside frustrated right now and I usually try to put emotions aside, but when it is in your face manipulation day-after-day, I want to quit trading, grab a protest sign and go join the Occupy Wall Street folks. Technicals and fundamentals don't work anymore.

[tdo722]

bought 5000 shares uup at 21.69. stop loss 21.67.

[noob]

Thanks! what does the crystal ball say about the new evil plan?

not sure if this is kiss trend line good bye. this picture doesn't look bullish, I'll explain later if indeed rollover sometimes later. otherwise let's forget about any bearish chart pattern for awhile.

[99er]

SPX
http://99ercharts.blogspot.com/2011/11/spx_6976.html

MACD finally rolling over. Nicely.

[champix]

If you trade what you see, well you just sell CL (crude oil) when it breaks this bear flag (1 min chart) with target 92.45-92.70 zone.
But I do no know why, I am really not convinced the market is going down... we'll see

Things are turning bullish short term... bear flag is more an ascending channel.
I bought CL @ 94.01, 1st target high of the channel @ 94.60 then fib fan above @ 94.85... stop even (94.01)

Stoped @ 94.02 and short 94.01... this market is insane... target 93.15 !
I gonna manage to have my bucks at the end !!!!!!!!!!

[tdo722]

bought 5000 shares uup at 21.69. stop loss 21.67.

go benjamins. go go go...

[knock]

bought 5000 shares uup at 21.69. stop loss 21.67.

Why not EUO? Better fluctuation.

[tdo722]

bought 5000 shares uup at 21.69. stop loss 21.67.

Why not EUO? Better fluctuation.

I never trade EUO before, always uup.

[xfradnex]

JEF shorts still not available. LUK and co bought 3 mil shares at 11.84 yesterday; assume that what insiders think it is worth.