11/07/2011 Intraday Watering

[easycomeeasygo]

Weak sell off Geez

[Me XMan]

Don't get complacent

Weak sell off Geez

[Al_Dente]

Internals:
http://stockcharts.com/h-sc/ui?s=$NYDEC ... =246211365

ALSO: PAGING ANYONE FOLLOWING FCX RESEARCH
Ned Davis Research had FCX on “neutral” for many months. It is now a BUY.
“….FUNDAMENTAL COMMENTARY: FCX’s per share growth rates have risen over the past year relative to the past five years, which is positive…FCX appears overvalued based on its Price/Sales (TTM) of 1.82, which is greater than the Materials sector’s top quintile value of 0.50….FCX appears undervalued based on its Price/Cash Flow (TTM) of 5.12, which is less than the Materials sector’s bottom quintile value of 7.82…
…TECHNICAL COMMENTARY: FCX/S&P 500 Index currently lies 1.80% above its 50-day moving average, but 12.37% below its 200-day moving average….FCX/Materials sector currently lies 0.58% above its 50-day moving average, but 9.75% below its 200-day moving average…” [copyright NDR and schwab] http://screencast.com/t/U7AiXKCUF7

[Cobra]

Diamond bottom or diamond as half stuff. purely from the chart, this diamond should be a continuation pattern, we're only half way of the pullback.

[StrikePrice]

That weak rebound should make a lot more BULLS jump ship. Need a strong positive divergence to make me take a short-term Bullish trade now.

[standard_and_poor]

the c wave down in spx that i think started 11/04 at the days high should start to get harsh from this point.

[Al_Dente]

Here the internals on 1min
http://stockcharts.com/h-sc/ui?s=SPY&p= ... =247748592

[Petsamo]

Weak sell off Geez

The Russels dropped around 2% from intraday top to intraday bottom. That doesn't look weak to me.

[easycomeeasygo]

Nope, bet they run it back to flat on year 1257

[tdo722]

That weak rebound should make a lot more BULLS jump ship. Need a strong positive divergence to make me take a short-term Bullish trade now.

agreed, waiting for spy to pass 125.24 before I jump on the bull train for a new HOD.

[xfradnex]

CNBC- Euro - bonds for bailout not selling. 40Bil sold before, 3Bil this time (closed today).
I did some calculations of the Greek deal. Greeks to pay 50Bil Euros within year. Greek GDP = 310Bil Euros. = 20%. Does this work?

[tdo722]

bottom is in 124.62, i think.

[fehro]

break either blue line, expect a sharper move.

[Me XMan]

Here comes the failed Italy auction...

CNBC- Euro - bonds for bailout not selling. 40Bil sold before, 3Bil this time (closed today).
I did some calculations of the Greek deal. Greeks to pay 50Bil Euros within year. Greek GDP = 310Bil Euros. = 20%. Does this work?

[flight23]

Read on Twitter that Italy canceled their upcoming auction...

[tdo722]

WTH is going on? treasuries is rising like mad??? something is very fishy.

[Dow Trader]

Hourly Dow and Vix

[JustTrading]

Does anyone have any thoughts on the inverted H&S setup for the VIX?

[StrikePrice]

Triangle possibility...

This isn't a properly labeled triangle. Triangles are 3-3-3-3-3 and your A is 5

[heavenskrow]

=]