03/30/2011 Intraday Watering

[Cobra]

Test the morning high. very tight day range here.

[MagChang]

Anyone have reasons why AAPL is going against the market?

Is this temporary?

Should I buy AAPL or just stick with SPY? The charts are bearish on AAPL at the moment...

There is a blog rumor regarding delay iphone 5 till Oct or next year but it is a RUMOR. I personally long/hold AAPL calls and will buy more in these few days........then wait for the earnings.

[99er]

/ES and /ZB
Decisions decisions...
http://99ercharts.blogspot.com/2011/03/es-zb_30.html

[BullBear52x]

Now looking for my lunch with SDS.

Double bottom looking, I am with you on this one.

[Simsonic]

So I see all your posts about island reversals and bull flags ... what are the best ways to capitalize from these moves? How are you profiting from this? Is there a thread where we talk about the trades we are making and the stop loss / limits putting on each trade?

[mylock]

Is this is a textbook double top? Thanks in advance.

[99er]

EURUSD
Update.
http://99ercharts.blogspot.com/2011/03/eurusd_30.html

[KENA]

Double top maybe????? What do you think??

[countryboy]

1. $Copper is very weak falling today since open to below 100 DMA.

2. Dollar is showing signs of stability at these levels and has high potential of short term rally from these very oversold levels which has consistently been bearish for stocks and commodities.

3. Cobra's "short at the last third day of each month" high probablity of short term sell-off in next two days.

[Rezito]

What do you guys think about copper not participating here? I went short FCX yesterday and it's weak today. A lot of oil companies are also well off their highs.

[DCS]

Be careful this could be a 2 legged up to test the morning high. If the test failed, this would become a little ugly (intraday).

If it makes a slightly higher high, but then immediately pulls back like we've seen, do you call that a failure?

[99er]

Nikkei Futures
Radiation? What radiation?
http://99ercharts.blogspot.com/2011/03/nikkei_30.html

[Me XMan]

End of month always got ramping for pretty statements and then selloff.

Now looking for my lunch with SDS.

Double bottom looking, I am with you on this one.

[Me XMan]

Their Fed printing trillions to hold up the market...just like US.

Nikkei Futures
Radiation? What radiation?
http://99ercharts.blogspot.com/2011/03/nikkei_30.html

[Cobra]

Is this is a textbook double top? Thanks in advance.

Text book double top only counts when breakdown below neckline. So your chart is still far far away from being a valid double top.

[Cobra]

Be careful this could be a 2 legged up to test the morning high. If the test failed, this would become a little ugly (intraday).

If it makes a slightly higher high, but then immediately pulls back like we've seen, do you call that a failure?

No. It's exactly what usually happens - a slightly higher high to do the stop run.

[BullBear52x]

End of month always got ramping for pretty statements and then selloff.

Now looking for my lunch with SDS.

Double bottom looking, I am with you on this one.

I can not short SSO this morning, no shares. so I have to take this route. just for scalping unless it turns out to be reall holding later in the day? wait and see.

[Cobra]

I see bond jumping here.

[BullBear52x]

Is this is a textbook double top? Thanks in advance.

Text book double top only counts when breakdown below neckline. So your chart is still far far away from being a valid double top.

Always short double top but buy tripple top as an old trader would tell you.

[mylock]

Is this is a textbook double top? Thanks in advance.

Text book double top only counts when breakdown below neckline. So your chart is still far far away from being a valid double top.

Thanks cobra.