12/21/2011 Intraday Watering

[BullBear52x]

here is my another drawing board, see MACD just for fun if you're bored.

[Al_Dente]

At 1700 nydec is a bit too weak so far to sustain a grizzly
VERY mixed internals
http://stockcharts.com/h-sc/ui?s=SPY&p= ... listNum=15

PS: thanks for oil jarbo

PAGING COUGAR
Thanks for VIX
Possibly (anything is POSSIBLE) VIX sees 20.50 ish at your yellow env line, oy?
Bounce is overdue, if it ever comes it could be violent

Oh no cougie, it’s lesbians, omg ...http://www.youtube.com/watch?v=WLwDdygD ... re=related

[waverider]

/es is at the 38.2% retracement from monday's low

which also lines up with cobra's support.....not good for bears.....

It's a trading range here.... so not good for bulls or bears.....

[CognitiveDissonance]

FLUSH IT!
I'm going to the gym

Great idea, I think that's where I'm headed too. My buy line is 1227-1230 spx, not there yet but maybe enough time to grind out some sets

Besides, I like trading on the iphone...sometimes

[taggard]

Still Net Long.
Monday I put 1/2 hedge on. Thankfully, I waited on doing second half.
I took hedge off today for a loss, but happy to be net profitable on yesterday.

If indexes can consolidate today and progress into week's end, I think the evil plan I suggested last Friday looks interesting.
That is an inverse head and shoulders at the end of a mega symetrical triangle comes into view.
This creates a huge problem for all the underperforming professionals out there. They will have to chase exposure.
It could be a beautiful bull trap. Then again, it could turn out to be real...

Market does not seem overbought here, so it can move on up.
I am sufficiently shell shocked from recent moves that I have got stops on to re-hedge if we get surprise breakdown.

my stuff shows oversold over 1-3 weeks sort of thing. never the less they freakout now the better as my dates show thur-tue as sort of max oversold on longer terms stuff (think nysi ish) lets see what happens.

[cougar]

At 1700 nydec is a bit too weak so far to sustain a grizzly
VERY mixed internals
http://stockcharts.com/h-sc/ui?s=SPY&p= ... listNum=15

PS: thanks for oil jarbo

PAGING COUGAR
Thanks for VIX
Possibly (anything is POSSIBLE) VIX sees 20.50 ish at your yellow env line, oy?
Bounce is overdue, if it ever comes it could be violent

Oh no cougie, it’s lesbians, omg ...http://www.youtube.com/watch?v=WLwDdygD ... re=related

Yes…it’s possible…You guessed right ~20.50.
Touching that envelope happened before (since June) but at higher levels.
Right now, they let the SPY drift lower but $TRIN = 0.88

[uempel]

Red ellipse on this close up suggests that 1232/36 is support. A valid break below is bearish.

[Al_Dente]

here is my another drawing board, see MACD just for fun if you're bored.

Dude do u ever stick with just one setting?
You don’t like what one says so u make up another cockamamie histogram that I now have to figure out and eyeball backtest oy.
Give me a clue: are they fib numbers too?

[Cobra]

nothing to say, direction not clear, so I show here possible down target. overall, no big down in the next couple of days, then it's bulls victory, because it's consolidation pattern. bears need show real strength here.

[KENA]

FLUSH IT!
I'm going to the gym

Great idea, I think that's where I'm headed too. My buy line is 1227-1230 spx, not there yet but maybe enough time to grind out some sets

Besides, I like trading on the iphone...sometimes

I'm with you guys..I will start in about 20min.

[dr659]

nothing to say, direction not clear, so I show here possible down target. overall, no big down in the next couple of days, then it's bulls victory, because it's consolidation pattern. bears need show real strength here.

Ok I`m in, Signed up last night

[fehro]

a little messy.. invs H&S? or a messy green triangle for the holidays?

[Mongoose]

I am not a big fan of Cramer, but he has some good insight on the Euro from yesterday.

http://video.cnbc.com/gallery/?video=3000063357

Good luck.

[waverider]

Right Al, crude inventories down but I see specs are long via your reuters link: http://graphics.thomsonreuters.com/11/02/cftc.html

/cl also bumping up against resistance here

[Cobra]

revisiting the morning low, key time.

[alvian33]

cobra, in last night report you said 100% that the low will be revisited, how come 100%?

[uempel]

Update:

[BullBear52x]

here is my another drawing board, see MACD just for fun if you're bored.

Dude do u ever stick with just one setting?
You don’t like what one says so u make up another cockamamie histogram that I now have to figure out and eyeball backtest oy.
Give me a clue: are they fib numbers too?

these are not new setting, I like to check and verify my charts, most of them are same setting I use in years, indicators and oscillators are just that chart pattern have to confirmed.

[stucap]

revisiting the morning low, key time.

double bottom or descending triangle? Looks like we get to sweat it out to see which.

[KENA]

Watch SWI it is near the bottom of the up channel..If it stops there it would be a good buy swing trade..For now i'm watching.I feel lazy today,ate to much yesterday but had fun.