11/17/2011 Intraday Watering

[fehro]

cobra, u haven't talked about santa rally which could start during thanksgiving. any thoughts on that? will it happen this year?

There is always a Santa Claus rally, the only question is if it starts at 1100, 1000, or 900.

Maybe we get one like 2008?

[Cobra]

volume surge, could see rebound of some kind here. The rebound would tell whether the low was in or not.

[doji]

It may even test the night's low.

ES 2nd leg down intraday is coming, should retest today's openning low.

I am just fighting for a free lunch...

[cougar]

Qs are weak, still looks like a Bear Flag.

Absolutely RIGHT! I second that statement!
NDX weakness is important for the whole market. The SELL NDX is alive and well!

[Petsamo]

We busted the SPY's triangle support. Maybe the rally was to test previous support line to see if it functioned as resistance.

[stockcycle]

I begin to short. Don't know can find ally or not?

[doji]

Put a short stop order 1 tick below 1228, wish the 2nd leg down sweep it off and take it for a ride.

[SigmaEcho]

Qs are weak, still looks like a Bear Flag.

hi Cobra, how does the evil plan look 2day?
thanks

I'm making the plan now. Need to call Helicopter Ben and GS to make sure they follow my plan before I publish it.

pls dont tell them the plan. we'd have a sharp reversal yet again.

[rpccharts]

[99er]

Your Government At Work

"Pizza should be served with a vegetable, not count as one"

http://www.rawstory.com/rs/2011/11/16/h ... vegetable/

[pady]

Could be w3 starting if we break 1226.

[BullBear52x]

We are entering the red light district, strong sell.

[stockcycle]

I begin to short. Don't know can find ally or not?

May be this morning-low can be revisited.

[99er]

Anybody wanna race?

[doji]

I begin to short. Don't know can find ally or not?

May be this morning-low can be revisited.

Already pulled the trigger right under 1228 just now..

[Petsamo]

The DAX looks like an H&S.

[agnosia]

long /cl 100...

[BullBear52x]

Could be w3 starting if we break 1226.

nothing against EW, the EW guys will not call out 3 until it trades below my Red channel (118.5ish), would that be a little too late?

[alvian33]

long /cl 100...

it's 100.48 when you posted

[Al_Dente]

PAGING “YELLOW” JACKSON POLLACK... Thank you very much
And for you... your favorite girl, R.I.P.
http://www.youtube.com/watch?v=gLqsIIrk ... re=related