01/09/2012 Intraday Watering

[BullBear52x]

ECB, un-limit cash amount loan to the Banks for three years at 1%, WOW no wonder the banking sector are so strong. I wish they loan me at that rate to invest.

[Al_Dente]

Oil is in trouble again
UCO on 5min charts

[SB73]

European markets down about 0.5%. S&P rally to resume once they close?

[BullBear52x]

/ES here, this floor is getting old.

[Mr. BachNut]

Pilot Short position in place.
It will likely work or get fired this week.
Planning to do nothing today unless something dramatic happens.

[Al_Dente]

Mixed choppy/range internals
Interesting that 181 stocks opened unchanged, now 166, a bit high number of “undecideds”
http://stockcharts.com/h-sc/ui?s=SPY&p= ... listNum=15

$SOX, $BKX and $HXC strong

[waverider]

cnbc.png (59.42 KiB) Viewed 3909 times

[trendfollower]

Interesting article: "Could Oil Prices Intensify a Pending S&P 500 Selloff?"

http://goo.gl/nZPuo

[BullBear52x]

SRS, green shoots

[LBJ_OldPeking]

Morning Master Cobra,
Could u do me another favor commenting on INHX?
its buyout price is 26 right, but why it moves around 24?? Why don't ppl just buy it at 24 and wait sell it at 26??
Just curious, definitely I won't touch it ever

[SB73]

out of gap fade short break even...no idea

[jarbo456]

wow. that was a weaker dip than the previous 3 days. and was bought aggressively again.

[SB73]

out of gap fade short break even...no idea

$dax and $ftse continue to push lower...S&P divergence still in play.

[Me XMan]

Initiated short position...

[Al_Dente]

5 min, 16 days
http://stockcharts.com/h-sc/ui?s=SPY&p= ... =251963404

[THAT GUY]

Initiated short position...

followed your ball steps

[waverider]

looks like AUD/JPY is trying to recouple with /es.

[Eagle_Eye]

Initiated short position...

You say that every day, no? Just wondering, do you cover each day or just continue to pile on short?

[BullBear52x]

VIX was over bought, internals favor Bulls move right now.

[Me XMan]

I close out short positions everyday before or after close.
Sometimes I hold it overnight if I think there's a gap down next day.
A lot of times my stop-loss getting triggered.

So today short position at $128.05 and stop-loss $128.55...

Initiated short position...

You say that every day, no? Just wondering, do you cover each day or just continue to pile on short?