12/30/2011 Intraday Watering

[ClarkW]

Great info Al Dente! We also have to remember much of the online commerce isn't included in "same store sales" figures the market focuses on.

Good morning
“Online holiday shoppers racked up ten billion-dollar spending days this year, with Cyber Monday coming in first at $1.25 billion in online sales. Shoppers have spent $35.3 billion online to date, marking a 15-percent increase versus … last year. The most recent week (ending Dec. 25) witnessed $2.8 billion in spending, an increase of 16 percent versus …last year”
http://www.auctionbytes.com/cab/abn/y11/m12/i29/s03

[champix]

Cobra, Dax is strong, this one still leads?

yes, it leads.

Hi All, for information, Dax closed earlier today (1,5 hour ago..)
Happy new year in advance...

[SB73]

Applying the last day of trading since 2000
Average
Open 125.81
High 126.56
Low 124.79
Close 125.58

Median
Open 126.02
High 126.52
Low 125.06
Close 125.59

I got an open right at the median of 126.02

Should see a move to 126.40ish before turning back.

[mozart]

Looking to go long SLV (AGQ) for a swing trade. Below are my thoughts/comments. Let me know what you think (good or bad

I am shorting it at this level, tight stop loss.
Silver is in clear downtrend, by looking at the risk, good question is where is more risk, going long or short at this point.
Just my opinion.

[SB73]

Cobra,

Spy up 6 of last 7. Seems that you have stated in the past that could mean an important bottom...

[99er]

Update

SPX http://99ercharts.blogspot.com/2011/12/spx_30.html

Bumpy ride down.

[johnnywa]

Turn this escalator off....

[Seawaves]

Good morning!
ES seems moved up impulsively within the intact up channel since 28th's low. Bears (too many) be careful!

[Al_Dente]

1 min intraday internals
http://stockcharts.com/h-sc/ui?s=SPY&p= ... =250028427

[ClarkW]

What's your timeframe Mozart?

Looking to go long SLV (AGQ) for a swing trade. Below are my thoughts/comments. Let me know what you think (good or bad

I am shorting it at this level, tight stop loss.
Silver is in clear downtrend, by looking at the risk, good question is where is more risk, going long or short at this point.
Just my opinion.

[Tabby]

My MACD went from negative 0.148 to positive 0.162 on 60 mins chart.

[johnnywa]

Update

SPX http://99ercharts.blogspot.com/2011/12/spx_30.html

Bumpy ride down.

Only one going downhill sking today is the dollar

[dcurban1]

Closing the year out with a look at the US Dollar. Left for dead it is making a comeback but I think the first quarter will be a bumpy ride.

http://www.atruecontrarian.com/2011/12/ ... 1-usd.html

[Travelfrog]

Just wanted to say Happy New Year and Thank You to Cobra and all the regular chart posters here.

With so many knowledgeable posters, I believe that I have learnt a lot and will be a much better trader in the future.

[SB73]

Applying the last day of trading since 2000
Average
Open 125.81
High 126.56
Low 124.79
Close 125.58

Median
Open 126.02
High 126.52
Low 125.06
Close 125.59

I got an open right at the median of 126.02

Should see a move to 126.40ish before turning back.

Intraday move only short at 126.31 stop 126.50 target 125.50

[BullBear52x]

how market gone up with these guys are like this?

[Tabby]

how market gone up with these guys are like this?

Pretty soon bull and bear efts, both go in the same direction too.

[GreedyKojiro]

UncleSamWantsYouToBuy.png (126.48 KiB) Viewed 14760 times

[SB73]

Applying the last day of trading since 2000
Average
Open 125.81
High 126.56
Low 124.79
Close 125.58

Median
Open 126.02
High 126.52
Low 125.06
Close 125.59

I got an open right at the median of 126.02

Should see a move to 126.40ish before turning back.

Intraday move only short at 126.31 stop 126.50 target 125.50

Last post...I have my condition orders in...looks like the 3 push up pattern is complete and we should get a retest of yesterdays soft gap

[BullBear52x]

how market gone up with these guys are like this?

Pretty soon bull and bear efts, both go in the same direction too.

They did, if you short both you can earned 15% yearly I heard, better than most fund. but if you go long on both you lose.