11/09/2011 Intraday Watering

[Al_Dente]

Internals update: this is a breathtaking grizzly, with NYDEC >2600 before 9:45ET.
omg $VIX up almost 14%
But Cobra’s “too stretched” cannot be ignored…
http://stockcharts.com/h-sc/ui?s=SPY&p= ... listNum=15

“We just had to sit up and send the message…it was hard, sometimes the bullets would be coming toward you…” [Dan Akee, Congressional Medal of Honor winner, Navajo Code Talker, WWII)
http://www.youtube.com/watch?v=DHyJTpDFgc8

[BullBear52x]

let see if our favorite 124.4 magic number can hold up this time.

[BullBear52x]

Fib 76.4% support line. if failed here I am looking at 50%

[Petsamo]

1 million buy on SPY. We may have our bottom

[1der]

Looking for flash spike down to ES 1230/32 if we get under 1236. Possible bounce from 1230/32 I am being cautious. Maybe too much....

[99er]

Honey?
SPX http://99ercharts.blogspot.com/2011/11/spx_09.html

They're really delicious!

[h2oskier]

Yes, and I'm quite sure GS is being totally open and honest and transparent with that disclosure.... aren't u ?[/quote] and SPY opens at S2.[/quote]
jar: when yr SPY chart drops off the page (freestock) don’t freak, just post and I’ll give u a quick “scaling” fix[/quote]

do i need a new browser for each chart? everytime i try to tab open a new chart, it switches everything to the new ticker.[/quote]

When under a tab, manually enter a symbol, underneath where you type in the symbol is a box that states "apply to this tab only" (or something similar). Click that. That will help you.

[soku]

time to cover shorts. thank god i am in asia

[heavenskrow]

whoever bought is an idiot. Dollar broke out of a significant bull flag. Its liquidation trade.

[agnosia]

i am long 1238 /es .. bears are weak. stop LOD.

[tdo722]

whoever bought is an idiot. Dollar broke out of a significant bull flag. Its liquidation trade.

why stupid? major positive divergence with macd and rsi on 15minute chart. hell, not i'm going all in with bulls.

I was right to call bear yesterday and I'm sure i'm right this time to call bull.

[jarbo456]

Yes, and I'm quite sure GS is being totally open and honest and transparent with that disclosure.... aren't u ?

and SPY opens at S2.[/quote]
jar: when yr SPY chart drops off the page (freestock) don’t freak, just post and I’ll give u a quick “scaling” fix[/quote]

do i need a new browser for each chart? everytime i try to tab open a new chart, it switches everything to the new ticker.[/quote]

When under a tab, manually enter a symbol, underneath where you type in the symbol is a box that states "apply to this tab only" (or something similar). Click that. That will help you.[/quote]

thanks a lot!

[KENA]

If we break 1240 then the 1215/1220 we can go to 1200.This may be tough to break.The mkt has the 38.2 fib at 1210 the 50 day at 1200 and 1190 res. area. If we get there this may be a good place to take profits.Wait and see.

[tdo722]

whoever bought is an idiot. Dollar broke out of a significant bull flag. Its liquidation trade.

why stupid? major positive divergence with macd and rsi on 15minute chart. hell, not i'm going all in with bulls.

I was right to call bear yesterday and I'm sure i'm right this time to call bull.

/zb aka bond has negative divergence.

[cougar]

Good Morning!
NDX seems to be now a good short, for a longer ride:

Stocktiming says the NDX could see a 300+ point drop..How long will it take they don't say.Lets see.

Wow! I have first serious support around NDX ~ 2279

[Cobra]

I withdrew this chart the last minute before I post my last night report, as I thought the chart is too subjective (you need experiences to read that way). Anyway, assume we have another PM resign today, the market manage another sharp reversal, but too late, the overlapping is too obvious therefore it's clear 3 push up, aka rising wedge, so it'd be not much for bears to ask for a 2 legged down from here, well, again, I mean NORMALLY.

[99er]

RUT
http://99ercharts.blogspot.com/2011/11/rut_09.html

Want seconds?

[tdo722]

same with /dx aka usdollar. yep, it's time to go with bulls.

[tdo722]

same with /dx aka usdollar. yep, it's time to go with bulls.

[barbaragull]

Go go go, bulls, go go go