12/06/2011 Intraday Watering

[Me XMan]

Better hold $126.4 line here if market wants to get higher.

looks like we will at least try to test yesterday's high... (127.18 right ? )

[noob]

Cobra said there might be one more push up today, but as long as there is no higher high, we have good odds of betting down =)

[BullBear52x]

paging Cougar, what you see in $VIX, I got BUY signal on it now.

[quientuves]

The chart cames cut. Please, take a look at it here, and tell me if i'm wrong

http://i.imgur.com/1Cw44.jpg

everyone here agreed not bearish in trending wise, counter trending here, and Cobra still betting on IHS, he should have the target out right now.

Thanks BullBear52x ! I must show other indicators to explain why i keep it. Let's see if I can find a moment and a way to do...

[cougar]

An update of GLD (weekly) cycles in Obama’s time

[Al_Dente]

Intraday
http://stockcharts.com/h-sc/ui?s=SPY&p= ... listNum=15

Also, pre market Bloomberg: $3.4 billion dollars will be spent by Americans on Xmas trees this year (real and fake trees).
That’s UP FROM LAST YEAR. “Consumers are happy, and shopping…” There’s your bull, right there folks.

[Dow Trader]

Dax hourly update a move of more than +14 % from the low and then consolidate near the high of the up move or brears can call it H&S .. take your pick

[finman66]

I'm reminded of the old adage about never shorting a dull market.

[jimme]

Folks please do not look at the $DAX...stay long. We are flying solo here.

bulls using too much ammo in this gunfight.

Not only that! Look at them. They brought knives!

[BullBear52x]

Triangle and RSI at the right, who will win out?

[jarbo456]

I'm reminded of the old adage about never shorting a dull market.

true, but this market is not really acting very strong either. plenty of intraday patterns SPY could be break out of...ascending triangle, H&S...but it's really having a hard time here. and consolidation right above the pivot of 126.28, instead of right under yesterday's highs is not bullish.

[ClarkW]

What's your take on Schaeffer's? I checked them out once and get 10 emails a day from them now which really turned me off. I swear I asked them to stop sending me shat 3 times but hasn't worked yet.

For those who don't Read Schaeffer's Daily Report they are recommending shorting FSLR for a move to 37. This could be a good one. Later

Thanks Kena, FSLR chart is looking weak. Watching NFLX also for a short...

[Me XMan]

It's going to be a boring day

I'm reminded of the old adage about never shorting a dull market.

[fehro]

VIX inv H&S ?...careful....

[dtguru168]

the push is over

Cobra said there might be one more push up today, but as long as there is no higher high, we have good odds of betting down =)

[Petsamo]

I'm reminded of the old adage about never shorting a dull market.

I like the old adage "buy low sell high".

[BullBear52x]

I'm reminded of the old adage about never shorting a dull market.

I like the old adage "buy low sell high".

I like buy high sell higher

[Al_Dente]

Five days… my last internals post for today GLTA
http://stockcharts.com/h-sc/ui?s=SPY&p= ... listNum=15

[fusuke]

Does anyone think that the Russian protests are going to grow, and will be bullish for oil?

http://www.bbc.co.uk/news/world-europe-16050028

[BullBear52x]

Five days… my last internals post for today GLTA
http://stockcharts.com/h-sc/ui?s=SPY&p= ... listNum=15

Just like that ha?