12/22/2011 Intraday Watering

[SB73]

So let me ask, is anybody daring to short here? Seems everyone in the bull camp...

I'm just here to learn all I can from Cobra and the other gurus on the board

All I have to do is look at the candlestick patters over the last several years and on a trend day like today we tend to close at the highs. If I am going to short it will be literally right at the close. Really have to buy the dips and make a little here and a little there on a day like today. My gut feel is that tomorrow will be red. Couldn't get a gap fill today (yet).

This is the easiest kind of day to trade. The bulls will defend every single trend line. We should close near the high of the day, just place your stops below horizontal supports and let it ride.

[Cobra]

Do you guys think SPX will bust this trendline a few hours before the xmas holiday? - well, I opened up a short now.

xx.png

good luck Uempel, I think you have the chances, but I'll just watch. I usually follow heroes so that I can use him to dodge bullets.

[99er]

Skiers...

EU-ES http://99ercharts.blogspot.com/2011/12/eu-es_7262.html

Watch your (l)edges.

[Al_Dente]

D

.[/quote]....[/quote]
Yes, timing is everything, I wish I know.[/quote]
You’re always early, I’m always late, but we both get there
http://www.youtube.com/watch?v=F_o-adbq ... re=related

[TWT]

SPX: Possible wedge = wave (5) ?

[Me XMan]

Very good eye my friend.

Attention All Skiers

SPX http://99ercharts.blogspot.com/2011/12/spx_1033.html

Avalanche coming?!

[BullBear52x]

D

.

....[/quote]
Yes, timing is everything, I wish I know.[/quote]
You’re always early, I’m always late, but we both get there
http://www.youtube.com/watch?v=F_o-adbq ... re=related[/quote]
Cougar take pizza money, you go for spaghetti, I am taking anything not picky.

[jarbo456]

rally over for the day? was looking like a rising triangle for a few minutes there...

[Al_Dente]

Ooooooops EARLY SCALPER ONLY out signal EARLY FOR JUMPY SCALPERS ONLY

[bullybear]

Attention All Skiers

SPX http://99ercharts.blogspot.com/2011/12/spx_1033.html

uugg... if I could just get thru this last little part I believe I could make it... hey, what are you looking at?.. can a helpless bull get a little help here?

[Cobra]

again, it's overnight high here.

[jarbo456]

Attention All Skiers

SPX http://99ercharts.blogspot.com/2011/12/spx_1033.html

uugg... if I could just get thru this last little part I believe I could make it... hey, what are you looking at?.. can a helpless bull get a little help here?

sad_bull.jpg

your pics are hilarious.

[Al_Dente]

PS: I have NO IDEA what other scalpers do, I only know what ONE wussie scalper does
And that one couldn’t even wait to see if spy would break the 1:10ET lower low
You big wus…. give nothing back kind of day……
Internals say hold long, except TNX
http://stockcharts.com/h-sc/ui?s=SPY&p= ... listNum=15

http://www.youtube.com/watch?v=zqVGjS6o ... re=related

[ClarkW]

Last Monday(12th) we had a p-bar up to $126.05 that hasn't been filled.

[uempel]

Do you guys think SPX will bust this trendline a few hours before the xmas holiday? - well, I opened up a short now.

xx.png

good luck Uempel, I think you have the chances, but I'll just watch. I usually follow heroes so that I can use him to dodge bullets.

I've been eyeing 1255 since the early morning. One of the most basic signals is the ratio of the the first leg 1202/1242 versus the second leg. If 1255 is the top the ratio of the two legs is 61.8%... Another indicator is the mini's action early Wednesday morning. Another indicator is my ellipse collection, which shows all kinds of resistance in this area.

[Richarab]

Who is Rudy?

http://www.huffingtonpost.com/news/rudy-pump-and-dump

[Petsamo]

Did some big guy press the big sell button a few minutes ago?

[tdo722]

stop loss 1267.06 seems about right.

[stucap]

Did some big guy press the big sell button a few minutes ago?

yeah that was me

[Grizzly]

Who is Rudy?

http://www.huffingtonpost.com/news/rudy-pump-and-dump

http://en.wikipedia.org/wiki/Rudy_Ruettiger