04/01/2011 Intraday Watering

[Cobra]

still don't think it'll cut through.

[KENA]

Right or wrong I bought spy long again and am still holding Spy protective put. Not to bad of day. Will see on monday.

[JTrader]

I'm a trapped short so take my post with a grain of salt. Looking at this chart, it's hard to imagine being a buyer at these levels. Especially considering the glaring resemblance to Feb 18th.

[cletus]

seeing signs of buying here so might dump FAZ now and lock it in, I'll give it a few more minutes

[Dow Trader]

my shorts "sell today's open in Russell" working very well so far.... and ES strong resistance 1330 proved is still resistance specially if we close near the LOD.

[Mr. BachNut]

VIX just had a phantom like bar down. May be nothing but bottom of this drop could be forming.

[cletus]

out of FAZ, if market collapses monday, I'm still 50% short, if it rises, I'll get a better entry on FAZ, total profits of about 2% on it, great day

[dr659]

I'm a trapped short so take my post with a grain of salt. Looking at this chart, it's hard to imagine being a buyer at these levels. Especially considering the glaring resemblance to Feb 18th.

what is trapped? Trapped short or trapped long I have heard that used hear before ,thanks

[cletus]

recently they've been using VIX phantom bar down ticks to signal buy points in the market

[nikman]

my shorts "sell today's open in Russell" working very well so far.... and ES strong resistance 1330 proved is still resistance specially if we close near the LOD.

Dow Trader,

Good call. Are you going to hold your shorts over the weekend?

[StrikePrice]

I'm a trapped short so take my post with a grain of salt. Looking at this chart, it's hard to imagine being a buyer at these levels. Especially considering the glaring resemblance to Feb 18th.

You could also say today looks like December 7, 2010.

So test 1320 early next week and up up from there.

[thelefteyeguy]

nothing to see, another trap

[Me XMan]

GOT MY LUNCH and DINNER MONEY!!!

Another failed trend day. This is not healthy.

[Cobra]

little fib here. Again the bullishness we've seen those days won't just go away, so I don't think it's time for bear to be happy here.

[Me XMan]

Bulls are kinda tired don't you think?

little fib here. Again the bullishness we've seen those days won't just go away, so I don't think it's time for bear to be happy here.

[Dow Trader]

my shorts "sell today's open in Russell" working very well so far.... and ES strong resistance 1330 proved is still resistance specially if we close near the LOD.

Dow Trader,

Good call. Are you going to hold your shorts over the weekend?

yes,
reminder : my target in Russel yesturday's low
SPX target 1310

[cletus]

little fib here. Again the bullishness we've seen those days won't just go away, so I don't think it's time for bear to be happy here.

Still argue the month-end trade could work next week, but agree this is probably not a market top.

[Cobra]

Bulls are kinda tired don't you think?

little fib here. Again the bullishness we've seen those days won't just go away, so I don't think it's time for bear to be happy here.

Yes, but my evil plan usually goes like this. Agree or not, my evil plan usually doesn't go very wrong, right? So bulls are not over yet.

[cletus]

GOT MY LUNCH and DINNER MONEY!!!

Another failed trend day. This is not healthy.

eat well my friend

[JTrader]

what is trapped? Trapped short or trapped long I have heard that used hear before ,thanks

Just means I'm underwater. I shorted TNA at a much lower price and I'm experiencing a drawdown.

Anyway, looks like another end of day ramp job?! (edit: or not)