12/06/2011 Intraday Watering

[Grizzly]

TBT making another attempt to break through 5min 200MA = bullish.

[tdo722]

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

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

That is one of my favorites !!!

Too bad, I always get stuck with "buy low, sell even lower"

[Cobra]

Hey Cobra, thanks for all your amazing work! I signed up to be a bronze member at cobrasmarketview.com

When you say "bad" in your posts, you mean bearish, right? And so if you say "good" I'm assuming it means it's a bullish sign?

Thanks for registering at http://www.cobrasmarketview.com.

Yes. good usually means bullish, bad means bearish. because most people by nature are bullish.

[Mr. BachNut]

Still market neutral.
My mechanical model showed more improvement yesterday.
I am inclined to put stops on some of my hedges or cover some on a down draft to respect the buy signal and have some long exposure.
Won't do anything significant as I am still on break and avoiding work.

[KENA]

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...

I get there Opening View and Dailey Bulletin ...I don't have a problem with excessive E mails.Call them and talk tell them what you want.It might work.

[finman66]

Tim Geithner: “….We, in the US, also face very challenging challenges…”
Genius!

His intellect is dazzling isn't it ??

[Grizzly]

TBT turned back = bearish.

[tdo722]

enough fighting at 1255 and break it already so i can go short.

[Petsamo]

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

I wouldn't factor that in. Russia could clamp down on those protests, and the world is powerless to stop it.

[jarbo456]

this market is just noise right now. -_-

[Me XMan]

Gone short on SPY.

enough fighting at 1255 and break it already so i can go short.

[Al_Dente]

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

Dr.Al Always appreciate your charts. TY

Thanks so much roadrunner, u r a very smart guy/gal
Gotta run: I’m late for my swimming lessons: http://www.youtube.com/watch?v=ggm_j_6j ... re=related

[fehro]

below 1253ish.. we could accelerate

[Petsamo]

Gone short on SPY.

enough fighting at 1255 and break it already so i can go short.

I went long on IYR at 54.74. It's beat up relative to IWM. So, it's staying afloat - for now.

[Cobra]

maintain the evil plan. so far not bearish.

[Auole]

Okay I know it's dangerous to be around so many big bulls and bears but here goes. ThinkOrSwim just put out more public accessibility to Tick charts and I AM learning. So here's a 512 tick per bar on SPY. Haven't yet figured out how to color my ovals but I've found the 'Market Forecaster' so far pretty remarkable. SQUINT and you can see gray ovals where it indicates buy and sell - green must be at top in all Touching cluster with red and orange for sell. Otherwise On Balance Volume has been low all day compared to yesterday. Now you can snort or something.

[cougar]

AAPL 390 = a very important level.

[gabor]

Yes. good usually means bullish, bad means bearish. because most people by nature are bullish.

Because people probaly look back to the past 90 years and they belive that the past trend will continue forever. They do not know natures basic law. What goes up will go down.

Cobra, I made the payment, it was a nice and smooth transaction, indeed. Congratulation.
I also honour your great effort to predict the future in the market. It is a very hard job and you do it quite well.

[millie]

maintain the evil plan. so far not bearish.

But your plan is showing ultimate downside?

many thanks

[Cobra]

Yes. good usually means bullish, bad means bearish. because most people by nature are bullish.

Because people probaly look back to the past 90 years and they belive that the past trend will continue forever. They do not know natures basic law. What goes up will go down.

Cobra, I made the payment, it was a nice and smooth transaction, indeed. Congratulation.
I also honour your great effort to predict the future in the market. It is a very hard job and you do it quite well.

Thanks so much. I need as much support as I can, really thanks.