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01/04/2012 Intraday Watering

trendfollower
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Re: 01/04/2012 Intraday Watering

Post by trendfollower »

Article I found on some areas to follow on S&P 500 and Gold.

http://goo.gl/nZPuo
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Al_Dente
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Re: 01/04/2012 Intraday Watering

Post by Al_Dente »

Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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BullBear52x
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Re: 01/04/2012 Intraday Watering

Post by BullBear52x »

bears view per Cobra bearish wedge. I didn't make this stuff up I just can not be bullish on these patterns
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My comments are for entertainment/educational purpose only. NOT a trade advice.
uempel
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Re: 01/04/2012 Intraday Watering

Post by uempel »

Al_Dente wrote:
uempel wrote:Al, I once read that Dinah was Amy's idol - great voice. Thanks.
Uempel
Yes, Dinah, also she said she loved ALL of the really early blues girl singers, and most of the girl groups of the late 1950s and early 1960s
http://www.youtube.com/watch?v=0lQZoAbN ... re=related
Apparently Bessie Smith sang in the years of the 1929 - 1934 stockmarket meltdown...
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Petsamo
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Re: 01/04/2012 Intraday Watering

Post by Petsamo »

The SPY & DAX do not have a higher high on the daily. If we're gonna stay on a downleg, we need to end bearish.
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waverider
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Re: 01/04/2012 Intraday Watering

Post by waverider »

THAT GUY wrote:
waverider wrote:knock, I'd wait for a good bull reversal bar otherwise wouldn't buy

would you short ?
No way, in hindsight, that three push up, rising wedge, and shooting star candle on VXX would have been an excellent short at 7:45. Looks like there's more support than resistance here.
"The only way to get a real education in the market is to invest cash, track your trade, and study your mistakes"

-Jesse Livermore
SB73
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Re: 01/04/2012 Intraday Watering

Post by SB73 »

Look at all of those Doji on the hourly chart plus the triple negative divergence.
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Me XMan
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Re: 01/04/2012 Intraday Watering

Post by Me XMan »

Hey Cobra. Thanks for today's work! :D
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Cobra
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Re: 01/04/2012 Intraday Watering

Post by Cobra »

well, guess that's it for today. thank you guys, I'll see you tomorrow.
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BullBear52x
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Re: 01/04/2012 Intraday Watering

Post by BullBear52x »

Thanks Cobra and everyone, GLTA.

TA note: You know where I stand :lol: :twisted:
My comments are for entertainment/educational purpose only. NOT a trade advice.
TraderGirl
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Re: 01/04/2012 Intraday Watering

Post by TraderGirl »

Yesterday, RUT and SOX had shooting star candle, today most have hanging man....
Longs should be careful...
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BullBear52x
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Re: 01/04/2012 Intraday Watering

Post by BullBear52x »

one for the road, tomorrow lots of people will mention this RSI Neg D.+ reversal candle. I think bears might get lucky in the morning.
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BullBear52x
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Re: 01/04/2012 Intraday Watering

Post by BullBear52x »

Al_Dente wrote:ATTENTION BOND FOLKS
Those of you looking for crossover MAs on bond charts as a signal to sell bonds/buy stock, may have been frustrated by our trusty “Stock/Bond Ratio” chart, which signaled THREE crossover whipsaw signals in the past three months [Caveat: the standard “Stock/Bond Ratio” is a traditional “Trend-Follower” ratio; the MA crossovers were Al Dente kool-aid, other folks use other MAs etc]
http://stockcharts.com/h-sc/ui?s=SPY:$U ... =248495909

For whatever reasons, the ratio of short term gov debt (YIELD not price) to long term gov debt (YIELD not price) has over the last 14 years given only THREE valuable crossover signals.
http://stockcharts.com/h-sc/ui?s=$UST2Y ... listNum=15

Here’s the rub: the chart above DOES NOT YET show a “sell bonds/buy stocks” crossover (like the stock/bond ratio does, with its frustrating whipsaws).
I don’t understand this new ratio well enough yet, but the THREE signals given in the last 14 years cannot be ignored. I am just posting it here requesting comments from smart folks….
Dear Dr. Al, can not so smart folks answer or comment? I just did a little fixing at the last buy and sell area. :lol: :P
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TWT
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Re: 01/04/2012 Intraday Watering

Post by TWT »

EURUSD

There is a potential Ending Diagonal that could establish the bottom of a wave (A)
If it plays out then the wave (B) rebound could targget the 1.3548 area
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