12/07/2011 Intraday Watering

[CognitiveDissonance]

LAME!! I slept through the whole thing,,,,,

Bummer dude...

[Cobra]

I'm clueless about the market now, so will be silently watching...

[Me XMan]

I'll say SPX 1205 for little overshoot and fun...

this is some broker's report i just received. it seems the Underperformed BS stole my idea.

US Trading: The concerted action from central banks has been extending last weeks rally but with our short-term momentum indicators reaching overbought extremes as well as moving into initial price resistance the SPX is getting vulnerable for profit taking. Early this week we expect a test of the 200-day moving average at 1265 but given the increasingly overbought stance and the unsustainable momentum we wouldn’t be surprised to see a pullback later this week/next week towards 1220 before starting a final rally into deeper December.

[BullBear52x]

GAP DOWN in store for tomorrow ?

Don't Jinx it

Close at LOD ?

Yellow line is higher I don't know if it will trades new LOD today.

[Tabby]

Hey Umpel,
Where are you?
Do you remember this chart with Phantom bar ,
http://finviz.com/futures_charts.ashx?t=ER2&p=h1
I mentioned yesterday . It was unusal after hour $RUT future to drop 732 on strong day. I start believeing in P- bar. haha.

[tapesense]

Here you go AlDente..

Basia Bulat
http://grooveshark.com/s/Go+On/3gEzZ7?src=5

[stucap]

who resigned? twelve pronged euro bailout fund? comon what rumor now?

[Cobra]

Cobra: uploading charts is fast, but publishing them is very slow...Maybe different bots execute these 2 operations...If true, this might be a hint on who is the culprit.

as per some requests, I changed to 50 posts per page instead of the original 20 per page so that you guys don't need to change pages a lot when read the intraday update, but this takes more than double times to load, could be related?

[jarbo456]

HAHA! ok...so what the FRACK just happened? oh yeah...my guidelines...126.30/40 and then up to 127...before we roll over in the last 10 minutes.

[quatzl]

Ok, what's the rumor now?

[soku]

me too fast. just Underperform a little bit, ain't all bullshit.

US Strategy: In our early October strategy call we said that from the October 4th low we expect the SPX to start a corrective (a-b-c) countertrend rally that should finally unfold in a volatile sideways trading range into deeper Q1 before resuming the underlying bear market into the second half 2012. The critical level for this call was and remains the October 4th low at 1074; as long as the SPX trades above this level we have no reason to change our underlying tactical strategy. Again, if we are correct then it is unlikely to see any bigger trend moves developing over the next few weeks, which means the market remains pretty much trading oriented and therefore a sell into any kind of stronger rallies.

[millie]

the crooks are just chopping up traders for fun coz they have no direction from Mr Big. Gap filled again and down!!
On weds it was drop off filled and down , just chop imho.

[heavenskrow]

Cobra: uploading charts is fast, but publishing them is very slow...Maybe different bots execute these 2 operations...If true, this might be a hint on who is the culprit.

as per some requests, I changed to 50 posts per page instead of the original 20 per page so that you guys don't need to change pages a lot when read the intraday update, but this takes more than double times to load, could be related?

my scroll wheel broke

[cougar]

Cobra: uploading charts is fast, but publishing them is very slow...Maybe different bots execute these 2 operations...If true, this might be a hint on who is the culprit.

as per some requests, I changed to 50 posts per page instead of the original 20 per page so that you guys don't need to change pages a lot when read the intraday update, but this takes more than double times to load, could be related?

Maybe yes...

[heavenskrow]

HMMMM the bond market broke out of resistance..... dollar is still under resistance....financials strong...... must connect puzzles...

[stucap]

Ok, what's the rumor now?

came just in time to create a higher low and trigger a 5min macd cross. Great. Another 3pm power hour. When will this get old?

[jarbo456]

welll...about 20 minutes late...but with a 50+ cent move in less than 10 minutes...127 is definitely possible...then a 60 cent roll over back to 126.30/40. market makers like closing there for some reason.

[StrikePrice]

Still want to talk sh*t about DeMark right now?

strange, where's everyone? Already on holiday schedule?

Where’s everybody? They all went flying by my house this morning on their jet packs after market gap down open. They were following somebody name Tom DeMark. So I’d follow them to see where they going. It seem they were going to planet not found yet, when uggla, they said that planet not found yet was found yesterday, yep that’s right, planet so far away not even known about yet has now been found:

http://ca.news.yahoo.com/earth-nasa-fin ... 58151.html

They don’t believe Cobra report so they put faith and hope and pray in someone that promise to take them to new planet. It seem that Tom DeMark space ship to take them to new planet had explosion this morning so now they try to repair with hope and pray, so desperate now might even sell bibles to get more hope for repair. When close at LOD follow by huge red bar tomorrow, they find out hope and pray is lost they be back to Cobra site to get the real idea if they still have skin on teeth.

Tom DeMark space ship

[SB73]

Everybody now on credit downgrade watch...sounds bullish to me.

[Al_Dente]

Anyone else shorting oil?

WOW: now THAT’S what I call an AVATAR
BTW chocobee, you married ?

PS: thanks quatzl/BB52x/tapesense for GREAT songs, i got distracted there for a minute by that new (?) avatar
….. while most of our dow “squeezable” stocks are squeezing into the close.