01/23/2012 Intraday Watering

[uempel]

Update:

[uempel]

Update:

[Cobra]

Hi Cobra, I have noticed that you have drawn quite much trendlines lately, even you don't believe them. Why is that, or do you think that character of the market is a little bit difficult to read at the moment?

First of all, welcome aboard.

I always draw trend line. I just use them to judge the movement strength mainly.

[uempel]

Looks like it's down.

[Cobra]

lunch time will be back. so far looks like a bear flag, so may continue down later.

[tdo722]

short, stop loss 131.65

[BullBear52x]

Paging suku

got your weekend indicator on test, I name it suku, seems to work better on 5min then 15 as suggested.

[TraderGirl]

Irish journalist flames ECB:

http://boingboing.net/2012/01/22/irish- ... g+Boing%29

Funny, he's feisty!! Yet sad, because we are bailing them out too! Let them fail, like every other corporation that runs out of money and makes bad business decisions!!

[TraderGirl]

Here is an interesting chart.

From an astro point of view, Weds and Thurs have a Venus Moon conjunction, which is positive, so it may hold up the market till Thurs/Fri. But it looks like the correction could start next Monday...???

[uempel]

Go short, cover, buy long. Life ain't easy.

[knurbs]

Our Govt. permits corporations that make bad biz decisions to go out of business? As in GM, Chrysler, BAC, C

[Richarab]

Go short, cover, buy long. Life ain't easy.

6.png

looks like market schizoprenia is back in vogue...days like this make me want to step into Trader Vix, and grab a boat load of options on VXX.... wait, i already have!

[Quantimeter]

Hi Cobra, I have noticed that you have drawn quite much trendlines lately, even you don't believe them. Why is that, or do you think that character of the market is a little bit difficult to read at the moment?

First of all, welcome aboard.

I always draw trend line. I just use them to judge the movement strength mainly.

Thanks!

If we want news during next few months, there might something interesting happening at Persian Gulf after March when US will have one more warship ready...

http://rt.com/news/aircraft-carrier-hormuz-iran-391/

http://www.foxnews.com/politics/2012/01 ... sea-power/

[TraderGirl]

Our Govt. permits corporations that make bad biz decisions to go out of business? As in GM, Chrysler, BAC, C

True! What was I thinking!!!

[Me XMan]

Very interesting chart.

Here is an interesting chart.

From an astro point of view, Weds and Thurs have a Venus Moon conjunction, which is positive, so it may hold up the market till Thurs/Fri. But it looks like the correction could start next Monday...???

[soku]

Paging suku

got your weekend indicator on test, I name it suku, seems to work better on 5min then 15 as suggested.

yo, first of all, my name spells "SOKU", reads "so cool". u mess up 1 more time, i am going to foe you. (just kidding)
it is an open end project. i bring this up to share the idea that we can apply ma and macd to rsi. i used 14 period rsi and 3 MAs to detect divergence. you can fine tone these 4 handles to any underlying on all time frame.
here is today's screenshot, on 15 min es. short at 1318 and cover at 1305

[BullBear52x]

ES doesn't give up on 1305, all night long support.

[waverider]

Irish journalist flames ECB:

http://boingboing.net/2012/01/22/irish- ... g+Boing%29

Funny, he's feisty!! Yet sad, because we are bailing them out too! Let them fail, like every other corporation that runs out of money and makes bad business decisions!!

He is, and he deserves a lot of credit for it. We need more people like him. I don't think corporations in general make bad business decisions, but large banks do. Unfortunately the government is too friendly with the banks. TBTF is a misnomer, there is no such as too big to fail.

[Cobra]

I'll have to leave from 2pm to 4pm. Still looks like a bear flag but all the other assets looking good, so I'm neutral now.

[BullBear52x]

Paging suku

got your weekend indicator on test, I name it suku, seems to work better on 5min then 15 as suggested.

yo, first of all, my name spells "SOKU", reads "so cool". u mess up 1 more time, i am going to foe you. (just kidding)
it is an open end project. i bring this up to share the idea that we can apply ma and macd to rsi. i used 14 period rsi and 3 MAs to detect divergence. you can fine tone these 4 handles to any underlying on all time frame.
here is today's screenshot, on 15 min es. short at 1318 and cover at 1305

OK, cool guy, I might have to go back and change it to SOKU