12/14/2011 Intraday Watering

[cougar]

SLV in the "target zone":

[BullBear52x]

failed this Fib fan, next one is 78.2% green line. 120ish what a coincidence

[kamukak]

silver should go higher, went long silver 2940 and also went long eur/usd at 12980

[CognitiveDissonance]

VIX broke above 200 dma

[jarbo456]

think kyle bass supposed to be on CNBC right now...if anyone likes his stuff.

[BullTart]

Looks like fear is beginning to creep back in... fear that Santa might pull a "no-show" due to massive overhang.

The VIX Cracken is slowly waking up when it should be in hibernation at this time of the year. VIX usually is dead in December.

This is very dangerous, as nothing likes to be woken from deep sleep.

It's like waking up a bear during hibernation. It will be very, very angry.

If fear comes back at what is usually a very "safe" part of the year, many traders will be caught off-guard and there will be a mad scramble to buy protection.

And that is when the VIX Cracken will emerge from its cave and devour all the poor, complacent souls.

Let's hope that doesn't happen as it will be a true bloodbath.

[fehro]

touch lower before we have a slight bounce... prior to moving to 1190?

[GreedyKojiro]

This is what I'm anticipating. And it is also way bullish taking Santa Rally into consideration

[99er]

Update

RUT http://99ercharts.blogspot.com/2011/12/rut_14.html

"Whee!"

[Al_Dente]

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

[BullBear52x]

This is what I'm anticipating. And it is also way bullish taking Santa Rally into consideration

120ish is sure a confluence area. I think we get there before Santa will show up.

[GreedyKojiro]

This is what I'm anticipating. And it is also way bullish taking Santa Rally into consideration

120ish is sure a confluence area. I think we get there before Santa will show up.

Yes sir!

[cougar]

Looks like fear is beginning to creep back in... fear that Santa might pull a "no-show" due to massive overhang.

The VIX Cracken is slowly waking up when it should be in hibernation at this time of the year. VIX usually is dead in December.

This is very dangerous, as nothing likes to be woken from deep sleep.

It's like waking up a bear during hibernation. It will be very, very angry.

If fear comes back at what is usually a very "safe" part of the year, many traders will be caught off-guard and there will be a mad scramble to buy protection.

And that is when the VIX Cracken will emerge from its cave and devour all the poor, complacent souls.

Let's hope that doesn't happen as it will be a true bloodbath.

VIX C/P vol. today >10 !!!
Most active today: VIX Jan18 C 37.5 !!!

[BullBear52x]

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

We missed you yesterday.

[CognitiveDissonance]

Looks like fear is beginning to creep back in... fear that Santa might pull a "no-show" due to massive overhang.

The VIX Cracken is slowly waking up when it should be in hibernation at this time of the year. VIX usually is dead in December.

This is very dangerous, as nothing likes to be woken from deep sleep.

It's like waking up a bear during hibernation. It will be very, very angry.

If fear comes back at what is usually a very "safe" part of the year, many traders will be caught off-guard and there will be a mad scramble to buy protection.

And that is when the VIX Cracken will emerge from its cave and devour all the poor, complacent souls.

Let's hope that doesn't happen as it will be a true bloodbath.

If this is the end of wave 2 then it should have stopped at 1221 but it could retrace 50% to 1213. I'm bullish unless 1187 gets broken. The reason for that and the poor tvix reaction is because yesterday the VIX closed below the 200 dma for the first time since july EVEN with this week's selling AND it stayed inside the Bollinger band. When it gets pushed outside the band it usually pops.

So, barring some catastrophic financial event I'm with Cobra on the Santa Rally. I got into TNA too early yesterday but now it's holding 39-40, the 23.6% retracement. If that can't hold then lookout below. I usually take on too much risk by front running the market but I got burned twice this week so I'm waiting for confirmation before going long. All cash now except for a small calls position.

[Al_Dente]

7 day internals all bear
http://stockcharts.com/h-sc/ui?s=SPY&p= ... =250649703

[stucap]

7 day internals all bear
http://stockcharts.com/h-sc/ui?s=SPY&p= ... =250649703

bear trend day or not?

[jarbo456]

not much volume to support the downward momentum between S1 and S2...if we break S1...11/29 gap could be filled quickly getting us to that 120.50'ish level.

[Al_Dente]

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

We missed you yesterday.

Baron von Grinch: Mishka wants to say hello: http://www.youtube.com/watch?v=qXo3NFqkaRM

[GreedyKojiro]

Sold 1,200 shares of TZA at $30.82... let the remaining 500 shares run