12/19/2011 Intraday Watering

[stucap]

volume surge, biggest bar and overshot, bears better hope this is an exhaustion bar...

And this is why it sucks to be a bear......support doesn't crack and BOING! Whereas, if bulls fail at support, they keep on trying for days and days and days.......

We have opened gap up for three consecutive trading days. Each gap has been pretty much rejected and yet, the bulls are still fighting. Oh, and how convenient? This is a downward trending channel so each time they try, they try at lower levels.

Ignore me. I'm bitter.

[noob]

volume surge, biggest bar and overshot, bears better hope this is an exhaustion bar...

What happened? Pomo?

[L_T]

If I read this correctly big move should occur now:

88.png

Higher???

Looks like it, I'm off for today. Bye guys.

Don't forget - this market is an intraday thing, nothing for long term investors, it's for minute traders...

Ya I know just looking to generate some comments here.

[fehro]

1219-1221ish for a retest, prior to heading down to 1190?

How many retests do we need?

,

if prior support, now resistance is strong, just one, but now we could have a double bottom in the SPX... so if we break the downward channel ...look out up we go..

[L_T]

Cobra anything to say about potentially 5 (daily) reversal bars in a row on the VIX or is it just silly / unreliable now?

[99er]

Honey...

SPX http://99ercharts.blogspot.com/2011/12/spx_1212.html

Let's switch to downhill.

[johnnywa]

Are you sure Honey doesnt want to jump on the Gondola up?

[quientuves]

Yes Brother 99er, Our Beloved Master Cobra said: "there is nothing called a 4th try"...

[Tabby]

volume surge, biggest bar and overshot, bears better hope this is an exhaustion bar...

What happened? Pomo?

Wait till 12/21. Fed plans to auction/sell $16B paper.

[minthan]

Would appreciate if someone can help me decipher this?

A. eur/usd is holding support line from Dec. 14th
B. emini held support line from Dec. 14th and has not made a lower low
C. spx broke support line from Dec. 14th and has made a lower low

Can someone solve this puzzle?

[johnnywa]

Honey...

SPX http://99ercharts.blogspot.com/2011/12/spx_1212.html

Let's switch to downhill.

Ok one more run downhill black diamond run

[99er]

Bored?

EU leaders are trying to finalize a plan which would channel €200 billion ($261 billion) from the IMF to the euro rescue fund in order to bail out Europe.

But PIMCO's Mohamed El-Erian said today on Bloomberg TV that this enthusiasm for IMF support is not based on the reasons you might think.

In fact, he says, "The only argument for having the IMF there is that it can impose conditionality that Europe cannot impose on itself." And that's not necessarily a good thing.

Later in the interview, he also gave a brief outlook for 2012. He thinks the first-half of the year will be dominated by a risk-off environment, while the rest of the year is a "wild card."

Read more: http://www.businessinsider.com/el-erian ... z1h0ghmrII

[bushwaffle]

Would appreciate if someone can help me decipher this?

A. eur/usd is holding support line from Dec. 14th
B. emini held support line from Dec. 14th and has not made a lower low
C. spx broke support line from Dec. 14th and has made a lower low

Can someone solve this puzzle?

See: worldquant

[BullBear52x]

Would appreciate if someone can help me decipher this?

A. eur/usd is holding support line from Dec. 14th
B. emini held support line from Dec. 14th and has not made a lower low
C. spx broke support line from Dec. 14th and has made a lower low

Can someone solve this puzzle?

If it's fixed number then all we need just a calculator. this is trading market.

[heavenskrow]

Long TVIX @ 36.85

[KENA]

I sure can't get excited today..We do have a P bar going up to 121.78. Lets see.

[johnnywa]

Bored?

EU leaders are trying to finalize a plan which would channel €200 billion ($261 billion) from the IMF to the euro rescue fund in order to bail out Europe.

But PIMCO's Mohamed El-Erian said today on Bloomberg TV that this enthusiasm for IMF support is not based on the reasons you might think.

In fact, he says, "The only argument for having the IMF there is that it can impose conditionality that Europe cannot impose on itself." And that's not necessarily a good thing.

Later in the interview, he also gave a brief outlook for 2012. He thinks the first-half of the year will be dominated by a risk-off environment, while the rest of the year is a "wild card."

Read more: http://www.businessinsider.com/el-erian ... z1h0ghmrII

[L_T]

Long TVIX @ 36.85

What's your stop?

[Richarab]

Long TVIX @ 36.85

good - welcome to trader vix
I just lit a tiki torch for you


---
I am here: http://maps.google.com/maps?ll=22.054047,-159.326603

[johnnywa]

Bored?

EU leaders are trying to finalize a plan which would channel €200 billion ($261 billion) from the IMF to the euro rescue fund in order to bail out Europe.

But PIMCO's Mohamed El-Erian said today on Bloomberg TV that this enthusiasm for IMF support is not based on the reasons you might think.

In fact, he says, "The only argument for having the IMF there is that it can impose conditionality that Europe cannot impose on itself." And that's not necessarily a good thing.

Later in the interview, he also gave a brief outlook for 2012. He thinks the first-half of the year will be dominated by a risk-off environment, while the rest of the year is a "wild card."

Read more: http://www.businessinsider.com/el-erian ... z1h0ghmrII

99er,Honey just wants to ski forday or so