01/13/2012 Intraday Watering

[soku]

let's put rumor/news on side even tho i believe it is fact based on the reaction from all parties. i see a possible setup: short around 1289 and cover around 1279.

add: from zh
If I understand the process in Europe correctly, S&P has to provide 24 hour notice to the countries if they are going to change their ratings.

in other words, if it is for real, sp shd have already informed the french and very likely ecb.

1289 didn't come
what to do now? where is the news?

[jarbo456]

heading to Atlantic City. just wish my lunch money wasn't taken in the last bar of trading.

that's an official GREEN day for /ES if you use cash market open/close.

[taggard]

well, guess that's it for today. As I said before, with Normalized CPC this low, I don't think the market has much room left on the upside even today turns out to be a bear trap. We'll see. Thank you guys, I'll see you THE NEXT TUESDAY!

cobra do you think a correction in time is a possibility? republicans have lots of friends in wallstreet. the up trend can remain quite a while (untill elections).

you maybe right--but is it so clear that up market is good for repub and not demo (eg in office)? (not arguing just have no clue myself)

[fuddleduddle]

JJC closed outside of bollinger band 2nd day in a row.

[waverider]

total, unadulterated, unmasked spike to stops going on right now...

love it. fucking scavengers.

lol, wouldn't be at all surprised is it gaps up... No bets though

[Al_Dente]

Baron von Weekend:
5ma, yea, just one more thing I’ll have to steal, pardon, I mean borrow, I mean pretend it was mine to begin with, I mean, you know…..
I’d say have a good weekend, but I think I know where I’ll find you this weekend….

http://www.youtube.com/watch?v=bZ-PlZDr ... re=related

[jarbo456]

i thought S&P was supposed to make the announcement about the downgrades between 3-4pm EST.

[SB73]

What was the official close on spy? I show 128.84...stockcharts is always screwy. Looks like we will have a fair value gap though of 2 to 3 spx points.

[jarbo456]

What was the official close on spy? I show 128.84...stockcharts is always screwy. Looks like we will have a fair value gap though of 2 to 3 spx points.

yeah...but i like google's price closes...129.01

LOL

[CH37]

my brokerage shows $128.84, but my short order stopped !!

[newbie_77]

official close for SPY is @ 415. its still not closed yet. another 6 mins of trading.

[SB73]

official close is @ 415. its still not closed yet. another 6 mins of trading.

you must be referring to the futures. I am referring to the cash market

[stucap]

HAHA. who just saw that spike?

What the hell was that spike all about? Wait until there is no liquidity and buy 5 shares????

That's kinda how Algos/HFT work......wait for low volume and one big buy takes out all the stops and then sell to suckers......

[CH37]

damn, it was "after hours " stopped out ! now SPY is 129.16

[jarbo456]

my brokerage shows $128.84, but my short order stopped !!

your stops being hit is carrying this thing up even more! yes, i fully blame you.

[SigmaEcho]

Cobra,

Have a great weekend. Looking forward to market update.

pls. advise on AEX chart.

Thanks

[stucap]

let's put rumor/news on side even tho i believe it is fact based on the reaction from all parties. i see a possible setup: short around 1289 and cover around 1279.

add: from zh
If I understand the process in Europe correctly, S&P has to provide 24 hour notice to the countries if they are going to change their ratings.

in other words, if it is for real, sp shd have already informed the french and very likely ecb.

1289 didn't come
what to do now? where is the news?

we're beyond that on the futures......

[CH37]

I wish it is a bloody 13th Friday , now it is bear, not bull, bleeding.

[jarbo456]

wow...stops are being raped right now.

we're nearly 6 handles higher in the aftermarket.

[SB73]

wow...stops are being raped right now.

we're nearly 6 handles higher in the aftermarket.

horseshit manipulation on SPY in the after hours. Take a look a look at the q's and small caps not confirming the after hours push.