11/10/2011 Intraday Watering

[agnosia]

bought another /cl contract.. 97.20.. stop even. looks like a triangle consolidation/ continuation.

stopped out. sold my position from this morning. flat now. euro is coming off.

[uempel]

Pivot, a move from here ain't a 1 hour fling.

[stockcycle]

I am a bit surprised to see the Europe markets bounce on the news Italian bond yields ease. Rumor ECB bought their bonds. May be this is just a thin air. Can a sick elephant find a remedy from a cold pill?

[pady]

124.5 offering support/resistance again. I feel an ABC again with A completed with the gap up. B down to 1235-37 and then close strong to 1250. Or maybe a gapup tomorrow.

[soku]

last time we had back to back mad and mdd. not sure about today. anyone has stats or overview on it? i think cobra has a chart for that but cannot find

[SB73]

for fun, the last 2 times when we had a 15 min black bar, the question is: will the 3rd time be different?

Last time 5DMA was support this time resistance.

[KENA]

Pivot, a move from here ain't a 1 hour fling.

66.png

I have that feeling your right maybe 1215 /1220 area. Thanks

[DRL]

APPL down almost 2%. Perhaps a canary?

[jarbo456]

123.85 next pivot for SPY.

today's not about Italy, it's about all the rest of it. BTP's dipped below 5%...

[Al_Dente]

internals:
(check US dollar forexpros.com, please)
http://stockcharts.com/h-sc/ui?s=SPY&p= ... =247748592

[CognitiveDissonance]

Cobra,

Is it wrong that I'm checking this board while my wife is in labor?


Glad I sold TIVX yesterday - for many reasons

[jarbo456]

metals seem to be leading a bit here. all sold off hard before this drop, and are all down for the day.

[jarbo456]

Cobra,

Is it wrong that I'm checking this board while my wife is in labor?


Glad I sold TIVX yesterday - for many reasons

congrats to you and your wife CD!

[Al_Dente]

ZSL breakout

[flight23]

Rumor of French ratings downgrade from major agency coming....

[chodaboy19]

Cobra,

Is it wrong that I'm checking this board while my wife is in labor?


Glad I sold TIVX yesterday - for many reasons

Congrats!

(Don't let the wife know you were posting here during labor! )

[knock]

Cobra,

Is it wrong that I'm checking this board while my wife is in labor?


Glad I sold TIVX yesterday - for many reasons

Congratulations for the newborn!

[CognitiveDissonance]

Cobra,

Is it wrong that I'm checking this board while my wife is in labor?


Glad I sold TIVX yesterday - for many reasons

Congrats!

(Don't let the wife know you were posting here during labor! )

HaHa, she knows I'm a degenerate trader at heart. At least I waited until she got the epidural. Besides, I really like this board and its community of traders.

Cheers,

CD

[soku]

Pivot, a move from here ain't a 1 hour fling.

66.png

I have that feeling your right maybe 1215 /1220 area. Thanks

me second it, unless bulls can hold es 1230 for today. then they will buy some time.

lines around are (spx)

1235, low of 11/3/11
1221, low of 10/26/2011, Fibonacci 50% of 2011 range
1215, low of 11/1/2011
1200, psycho, Fibonacci 23.6% of 2009-11 range
1188-1190, low of 10/13/2011, Fibonacci 38.2% of 2011 range
1145-1150, where i like

add: fib

[BullBear52x]

123 formation could have been success if we have Pos D. I think it will fail, yest low will be retested. but there is good support right around 123.7. 123.89 pivot is too obvious and 124.4 resistance also too obvious now.