12/09/2011 Intraday Watering

[99er]

Update

RUT http://99ercharts.blogspot.com/2011/12/rut_3444.html

[heavenskrow]

your killing me smalls

[I_Got_Prechterized]

anyone watch /NG...natural gas? it's been getting absolutely smoked...cents away from multi-year lows. i bought some at the last test, but i'm starting to wonder if we're going to visit the '08 low of 2.40....

natty gas just been losing value slow and steady...weird thing to trade.

UNG is an alternate to going short on SPY. When markets fall, UNG rises.

Dude, where are you getting this from? Look at the charts, UNG has virtually no correlation to SPY. It doesn't even correlate to oil like it used to once upon a time.

[uempel]

Close up of previous chart, reaction at the dotted vetical was kind of weak... Suggests that bulls are in control.

[silkway]

Where is Cobra? Hunting frogs for lunch?

[Me XMan]

Damn getting close...moved my stop-loss up 5 cents 126.05

[Cobra]

maintain the evil plan. it's still on my very first rising route, so bulls are weaker than I thought.

[dcurban1]

anyone watch /NG...natural gas? it's been getting absolutely smoked...cents away from multi-year lows. i bought some at the last test, but i'm starting to wonder if we're going to visit the '08 low of 2.40....

natty gas just been losing value slow and steady...weird thing to trade.

Natty gas has great arbitrage opportunities if you can get it to Europe or Asia where the prices are much higher.

This warm weather is playing havoc with prices as inventories are not being drawn down as fast.

[Petsamo]

anyone watch /NG...natural gas? it's been getting absolutely smoked...cents away from multi-year lows. i bought some at the last test, but i'm starting to wonder if we're going to visit the '08 low of 2.40....

natty gas just been losing value slow and steady...weird thing to trade.

UNG is an alternate to going short on SPY. When markets fall, UNG rises.

Dude, where are you getting this from? Look at the charts, UNG has virtually no correlation to SPY. It doesn't even correlate to oil like it used to once upon a time.

You mean as SPY was rising, UNG was falling? If yes, you agree with me that UNG is functioning as a contra-SPY.

[Me XMan]

UNG is POS!
Don't play it.

anyone watch /NG...natural gas? it's been getting absolutely smoked...cents away from multi-year lows. i bought some at the last test, but i'm starting to wonder if we're going to visit the '08 low of 2.40....

natty gas just been losing value slow and steady...weird thing to trade.

UNG is an alternate to going short on SPY. When markets fall, UNG rises.

Dude, where are you getting this from? Look at the charts, UNG has virtually no correlation to SPY. It doesn't even correlate to oil like it used to once upon a time.

You mean as SPY was rising, UNG was falling? If yes, you agree with me that UNG is functioning as a contra-SPY.

[Cobra]

Cobra, this could be called a strong rebound =) It's weird since we had no lower low this morning, and no gap fill.

I guess the push up is too strong to be a bull flag now? will the second leg down materialize?

I believe it will have a 2nd leg down.

[heavenskrow]

Let's see if the volume trend will work as it has in the past

[Me XMan]

Well they've hunted me down...

[uempel]

your killing me smalls

Only short if ES breaks resistance... A typo?

[BullBear52x]

Scalper EARLY sell signal
INTERNALS still bull, except TNX tiny pullback and neg d on 1m RSI
Did I mention EARLY. Did I mention wussie scalpers only?

Big black is due - don't yet know his intentions. And Al, your system is mute at the mom...

98.png

I don't think Dr. AL knows how powerful his internals chart is, I look at his more than my own now, well, I rather stop here, look you can see him big smile from ear to ear.

[newbie_77]

now they will go down ... sorry ... that's how they are. they want to just take the stop out......

Well they've hunted me down...

[BullBear52x]

Well they've hunted me down...

I think they are out to get you

[Mr. BachNut]

Still Market Neutral. Still don't have a good set-up for me to act. My technicals seem on the soft side, but price is over-ruling.
Makes it hard to provide useful posts!

As the thread doesn't seem too busy today, I would like to probe a side question. I am looking to select a broker for futures/forex. Seems there are several possibilities (Interactive Brokers, TradeStation, thinkorswim, etc.). If anyone has a recommendation, warning or useful comment please share. I care about execution, cost, user interface and customer support amongst other things. Cobra, if you think this discussion doesn't belong here, administrate accordingly.

[heavenskrow]

your killing me smalls

Only short it ES breaks resistance... A typo?

huh? Ive been long UPRO on a retest of neckline
Volume confirms breakout on continuation triangle

[Cobra]

key time, bulls must have a decisive breakout here otherwise it'd be typical 3 push up we shall than have 2 legged down which is exactly what my evil plan pointing to.