03/31/2011 Intraday Watering

[BullBear52x]

Change

[Cobra]

Cobra, thanks so much for the information you provide here, very valuable to me.

Thanks. Is there any easy way to draw lines like you do? You've convinced me that your way is very useful for detecting the pivot point, but I think to draw lines like you do is very time consuming as you have to try each line and make sure each line a equally separated...

[Cobra]

OR low support.

[zombiebraingoo]

1322ish is pullback limit here and then ^ higher and higher baby! (at least until Fukushima completely melts through the bedrock to the water table and then KABLOOIE!)

[99er]

SPX
Updated channels.
http://99ercharts.blogspot.com/2011/03/spx_3707.html

[Cobra]

A follow though here then the day's low could be in - any time a retest of the previous extreme, there's a chance for reversal, so watch.

[uempel]

At the moment I'm doing nothing, just looking at this chart:

[BullBear52x]

These are same drawing that I posted yesterday, watch for MACD hist at close, if the bar is lower than yester, selling to continue that's how i see it. intraday TRAN is still strong so not a strong selling at all.

[uempel]

1320?

[simpletrader]

1320?

1320.png

still hold your shorts?

[BullBear52x]

TYP is a buy, Tech land is in trouble.

[uempel]

Cobra, thanks so much for the information you provide here, very valuable to me.

Thanks. Is there any easy way to draw lines like you do? You've convinced me that your way is very useful for detecting the pivot point, but I think to draw lines like you do is very time consuming as you have to try each line and make sure each line a equally separated...

My favorite time frames are days or weeks and that's less work than with minute charts. In the latest chart the green lines are an old Andrews Fork which never lost its validity, didn't have to draw it because it goes on and on...

[agnosia]

oil is keeping the /es down..

[uempel]

1320?

1320.png

still hold your shorts?

No, I closed them AH last night. The trade was initiated as a DT as I was not sure about today, last day of the quarter.

[99er]

Dollar
Update.
http://99ercharts.blogspot.com/2011/03/dollar_31.html

[Cobra]

consolidate then breakout, I think there's more on the upside. The low might have been in for today.

[99er]

PIMPCO

(Reuters) - Japan will repatriate more funds than markets expect to finance its reconstruction efforts following its devastating earthquake and tsunami, the co-chief investment officer of top bond fund PIMCO said on Thursday.

http://www.reuters.com/article/2011/03/ ... QV20110331

[BullBear52x]

They tried to sake me out from my UNG, got back in in the low bam! can't fool me twice.

[zombiebraingoo]

bears get flattened again...really, if a NUKE meltdown, multiple endless wars, massive debt money expansion, enslavement of the planet by the austerity fat cat banking elite can't tank this market, what do you think will?

[Cobra]

bears get flattened again...really, if a NUKE meltdown, multiple endless wars, massive debt money expansion, enslavement of the planet by the austerity fat cat banking elite can't tank this market, what do you think will?

So bet ready to retire earlier, all of us.