11/07/2011 Intraday Watering

[jarbo456]

switching my mutual fund to good ole small caps for the next several days. bears suck. tonight bears will lose to eagle, score is gonna be 13-27.

YES! Go E-A-G-L-E-S

EAGLES!

agreed. at least maybe i can win THAT bet. -_- lol

[CognitiveDissonance]

per ZH twitter feed. Euro co-investment fund is the latest rumor to feed the euro BS frenzy.

Wow, Even though I've been switching between bear and bull for months now I'm actually getting upset. Up is Down.

[txsky]

nice call, it is indeed more than one leg up.

breakout as expected, tinted area as the target.

[BullBear52x]

I am done hold ding SSO short and TZA, new entry. I just can not buy this chart. a clear break out I will sing with Dr. Al on the long side, I will teach him how to borrow shares and sell to the open one of these day.

[agnosia]

hey champix, when are you selling your GC? getting near my 1800 sell zone...

I am selling half of the position MOC and will keep the balance to target 1815/1820 zone with a trailing stop...
I am quite happy with this trade

nice. if we get a strong break over 1800 i will hold. eventually i see gold getting to just shy of 2000 in the next few months.

[CognitiveDissonance]

Well, f me running...

http://www.zerohedge.com/news/here-todays-3pm-rumor

[BlackThought]

went from 30% short (Friday) to 50% short today. slept in today and missed the morning sell off.. GL

[Cobra]

target reached and challenging the morning high now.

[Me XMan]

Shorted SPY. Up and down like a yo-yo.

[xfradnex]

Is this a short the close day? there has been alot of up?

[grachu]

cobra is the 1030 go over 126. 50 still in play . since we did not got over it in the morning .... anything that happens now really doesn't change the bearish view ?

[tdo722]

Shorted SPY. Up and down like a yo-yo.

this time is different my friend.

[Al_Dente]

Internals: note SPY trying for a fresh high with ONLY ~1500 ADVANCING ISSUES BEHIND IT
and another neg d…
GLD still long scalper hold
http://stockcharts.com/h-sc/ui?s=$NYDEC ... =246211365

http://www.youtube.com/watch?v=I1wg1DNH ... re=related

[jarbo456]

feeling more and more like a squeeze...just IMO.

<shrugs> not sure how the landscape of the market changes intraday to the tune of 160 points on no new news at all - but that's the nature these days.

new proprietary buy signal/cover your (ass) shorts signal...when cobra's excellent TA suggests that the move down should be two legged, it's about time to get out of shorts and go long the market...

LOL...that's NOT a dig at cobra, i think his analysis is spot on. it's a wry joke at the way these markets have been trading.

[heavenskrow]

TF is lagging while ES is leading... not good..but lets see.

[StrikePrice]

Looks like I'm about to be squeezed out of my short. Primary count dead if we take out 1259.62.

Talk about one badass Zig-Zag retrace this will turn out to be if the primary count holds.

[tdo722]

Looks like I'm about to be squeezed out of my short. Primary count dead if we take out 1259.62.

Talk about one badass Zig-Zag retrace this will turn out to be if the primary count holds.

I thought we agreed on the abc flat. 1292 to 1215, then 1215 to 1292, then back down again.

[Cobra]

cobra is the 1030 go over 126. 50 still in play . since we did not got over it in the morning .... anything that happens now really doesn't change the bearish view ?

still early to call bull.

[pady]

@strike - target for (v) ? This looks weak. In this triangle, I feel one small leg left to 1250-55 range and then we go up.

[StrikePrice]

Looks like I'm about to be squeezed out of my short. Primary count dead if we take out 1259.62.

Talk about one badass Zig-Zag retrace this will turn out to be if the primary count holds.

Check that. Primary Count dead at 1263.21, I was looking at wrong peak.