12/16/2011 Intraday Watering

[99er]

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[BullBear52x]

I don't believe in EW, but man, I hope I nailed the 3 either up or down W3. keep it coming EW guys I profit from it. I vote YES!

My two cents:

But the biggest problem is...most people just don't "get it"... Elliott Wave and Elliott's findings are SO MUCH MORE than the financial markets. The fundamental discoveries that govern the Wave Principle and thus the behavior of the financial markets are the very same fundamental forces at work throughout the entire universe! Who cares about making a few bucks in the stupid stock market when, if you have a deep understanding of the Wave Principle, Socionomics, and science in general, you can begin to see how everything around us all ties together to form this awesome grand scheme of life and existence. A deep understanding of Elliott Wave and Fibonacci is the key to opening a whole new world of knowledge and application.

Good you stop there, I thought you are going to say EW is not about making money I joke, I joke

[BullBear52x]

FOLKS THERE IS SOME SERIOUS WISDOM ALL OVER THIS BOARD TODAY, PAY ATTENTION
(PS: and it ain’t coming from me)

LOL same here I talk alot but said nothing TNX is not happy like others why?

Wrong again von Grinch
VERY WISE YOU “””It's Friday OPEX day like today I will not commit to anything stay light””””” .... VERY WISE
And I’m still trying to catch up (electrician still here)

Dr. Al, don't disturb the board with them dancers you know I can not turn that off half song.

[uempel]

Looks as though 1215 is crucial.

[Petsamo]

Bulls making their move

[uempel]

Looks as though 1215 is crucial.

The attachment 12.png is no longer available

I meant to post this chart - sorry.

[waverider]

Dunno if anyone mentioned this, but /NQ broke out of the down channel. Looks like tech could be a better counter trend?

[TWT]

EUROXX 50 H12 : The missing fifth with target range 2139-2135

[Cobra]

I won't bet this is just one leg pullback so the rebound shall fail.

[StrikePrice]

Not sure if this is Wave 4 of C of the 3-3-5 Flat or we already completed C. I guess it will depend on when the explosive move higher comes (lower low or not). If I 'm wrong, I'll really wish I didn't just close my short.

[waverider]

ibm,cat, mrk, mcd, bac, bid on weakness: http://online.wsj.com/mdc/public/page/2 ... nav_2_3000

[heavenskrow]

ZB breaks support on 5min timeframe

[BullBear52x]

Good level, Fib and Gap support to look at .

[Anaconda]

Friends,

Don't know if this has any significance, but I saw a clear p-bar on the 15 min. candle chart, to 122.94, near the top of the hour (1:00 pm). It was there until the next bar started, so I'm leery of it's meaning. But, taken in conjunction with Uempel's call for a 13:30 move, I took a punter on a bunch of SDS puts (100 Jan contracts). See you at 122.94...

[BullBear52x]

Fib fan and gap area level to look at

[stucap]

I won't bet this is just one leg pullback so the rebound shall fail.

At what point would this bounce be more than a bounce? Just seems like we get these bounces that float up, tick by tick, and i'm already afraid to blink for fear that we'll be right back up at the HOD?

1209 ES held, gap closed with a peck on the cheek. There are lots of buyers here.......

[BullBear52x]

And for the penny punchers here is my line in the sand. breaks below that is a screaming sell once again.

[jarbo456]

this is market ping pong. i'm glad i'm out of my longs, as i would never had held them below yesterday's low, but maybe it was stop hunting for longs like mine with stops below yesterday's LOD.

[uempel]

I've got a timeline in about 5 minutes. I'll be checking Al's chart for direction.

[janez]

For this market, day trading is much easier than swing. I must say