11/10/2011 Intraday Watering

[greenback]

no clue about the market. according to my setup, it should be a short but the setup missed 1 cent to be qualified, so no idea.

Hi Cobra,

What would be the position size for the TZA position if it's triggered, $4000 for the portfolio account?

[Apple]

Al_Dente:

Bikini photo? Found an old one.

http://3.bp.blogspot.com/_RJG8jKQeQIU/T ... 2Bbabe.jpg

Boy, that was fun looking.

Is that a butterfly knot?

[stockcycle]

Indexes are just inch to yesterday low however all the bull ETFs have made higher high. It's time for many bears to book profit.

Missed the boat of TVIX yesterday due to work.. Bought 1,000 shares today at $58.01 and sold at $61.89.. Heading to Starbucks now...

Good job!

[waverider]

Al_Dente:

Bikini photo? Found an old one.

http://3.bp.blogspot.com/_RJG8jKQeQIU/T ... 2Bbabe.jpg

Boy, that was fun looking.

That's the funnest thang I eva seen!

[stucap]

I've been watching the EUR/USD all day as compared to the ES....

It led the way down from open even though the ES tried to pop.....ES followed soon after

It made a bottom but, the emotional ES traders needed to sell some more so it took a little longer...

Right now, EUR/USD has had its bounce and appears to be headed back down.

I expect the ES to follow shortly...

I would very much like to see us at least test the overnight low during market hours....really annoys me when that doesn't happen on highs or lows...

[KENA]

When the mkt starts the up cycle again watch MAKO..It has broken the channel line and is now one of my better picks for an up move swing trade.I belive the first couple of days of the up move will very,very good.To get in you will have to be quick.This will be a several point gain.Watch,wait and see.Soku are you there.

[Al_Dente]

Yo people, people, France already, get your minds out of the Italy/Greece gutter….FRANCE people
(forexpros.com >real time futures charts at left, then, just above left of chart >majors >france cac 40)

Back to earth, internals:
http://stockcharts.com/h-sc/ui?s=SPY&p= ... =247748592

http://www.youtube.com/watch?v=tq5A0Yad ... re=related

[jarbo456]

SPY being rejected hard by the 123.85 pivot. reversal of a reversal candlestick on the shorter time frames (I watch 3 minute, confirm with 5 minute).

[jarbo456]

SPY being rejected hard by the 123.85 pivot. reversal of a reversal candlestick on the shorter time frames (I watch 3 minute, confirm with 5 minute).

well, so much for that. someone just bought 1.5MM shares of SPY.

[SB73]

Cobra who has the edge on this consolidation

[Dow Trader]

[Al_Dente]

SPY being rejected hard by the 123.85 pivot. reversal of a reversal candlestick on the shorter time frames (I watch 3 minute, confirm with 5 minute).

jarbie, u using free pivots !!! now add indicator VWAP she's a lovely

[nelsonbelchior]

Cobra, you´re so quiet today.. something´s happening?

[jarbo456]

SPY being rejected hard by the 123.85 pivot. reversal of a reversal candlestick on the shorter time frames (I watch 3 minute, confirm with 5 minute).

jarbie, u using free pivots !!! now add indicator VWAP she's a lovely

yeah, VWAP is acting as a magnet. i'm bearish overall, but this market feels like it wants to move higher.

[agnosia]

good luck today guys. i am burnt out from being up so early... nap time

[cougar]

NDX target met.
Espresso time…

[waverider]

IWM trapped between vwap and pivot, waiting patiently. Oh, there it goes above the pivot very nice.

[stockcycle]

Everyone see the bounce. Yes let's give way for bulls to lead the bounce.

[SB73]

Cobra who has the edge on this consolidation

Well it was the old ascending wedge breakout...could be a little micro wave C

[champix]

Ok, so here we are today for France and Italy 10Y.
Important to undestand is the nominal rate, not really the % change of the day.
Today, France 10Y is up 8%, but the borrowing cost is 3.47% so not (yet) a big deal...
Italy 10Y is down 5% today (thanks to ECB) but still really high (6.90%)... For information purpose, Portugal and Ireland were forced to call for bailout when rates remain above 7%...