01/31/2012 Intraday Watering

[Al_Dente]

Ned Davis Research, yesterday chart, “Implications of FED Move on Treasurys”
http://screencast.com/t/ui3RgRN7QbNQ

TraderGirl...I get a 92% correlation $VIX to TVIX (using the “correlation coefficient” indicator-thingie on stockcharts)

[Petsamo]

bears apparently missed the memo about no selling after 10am.

[zipper]

Hi all ... just a quick question ... Cobra do you see anything at the present time which correlates to a sell off in the afternoon or tomorrow???

[soku]

interesting market. my current reading is the damage has been made. it's going to test and lose the line again.

[zipper]

Reason I ask .... I see an artificial close of for this month/today and then a powerful move down tomorrow..
I see the wizard has gone short, I am showing short in the next hour !

[stucap]

Reason I ask .... I see an artificial close of for this month/today and then a powerful move down tomorrow..
I see the wizard has gone short, I am showing short in the next hour !

If we fail at resi right now and make another intraday low today --- likely hard for bulls to recover. That said, we need some fricking volume to push the VWAP down so all the mean reversion junkees don't hold it up!

[SB73]

I can't post charts from my work computer but on the 5min I can see that bulls have already found a new trendline to defend.

Well that trendline blew up....need some real follow through here

[EvilTrader]

interesting market. my current reading is the damage has been made. it's going to test and lose the line again.

interesting...what line do you see ?

I am still short from last week.

[TraderGirl]

Reason I ask .... I see an artificial close of for this month/today and then a powerful move down tomorrow..
I see the wizard has gone short, I am showing short in the next hour !

Tomorrow the negative Mars Venus opposition is direct, so there could be further weakness tomorrow, been reading the lod could be around 1pm, but I will be taking that as possibly a short term buying opportunity into Thurs, maybe Friday....

[waverider]

If we break yesterdays low, that will be quite bearish

[EvilTrader]

crash we will go !

[Petsamo]

If we break yesterdays low, that will be quite bearish

That's a long way down!

[noob]

Cobra, have we tested the highs and the lows yet? Thanks!

[soku]

interesting market. my current reading is the damage has been made. it's going to test and lose the line again.

interesting...what line do you see ?

I am still short from last week.

i have been talking about the line of 1308-1309 for the past couple days. with past couple days of trading activities, the line got stretched a little bit to a small zone. i think there is chance another zone was created 1301-1303. we may see battle around the new zone before we land around high 1280s.
i am working on my exit accordingly.

[zipper]

My feel on the market is if the Euro stays under 131 for the next 15 minutes we are going down hard on equities...fundemental view point....
No position as yet

[grachu]

cobra can you let me know so I save where is the link with the bar descripition
I know, the red , the hollow red, the black and the hollow blac so I can save it thanks

[zipper]

Reason I ask .... I see an artificial close of for this month/today and then a powerful move down tomorrow..
I see the wizard has gone short, I am showing short in the next hour !

Tomorrow the negative Mars Venus opposition is direct, so there could be further weakness tomorrow, been reading the lod could be around 1pm, but I will be taking that as possibly a short term buying opportunity into Thurs, maybe Friday....

From what I gather from his blog there are 2 things happening and because there crossing today will be the start (afternoon)
he said and more tomorrow

[Al_Dente]

TRIN ~1.45
http://stockcharts.com/h-sc/ui?s=SPY&p= ... =251986316

[Cobra]

nothing to say. before this trend line broken, it's bears haven. Let's wait.

[TraderGirl]

Reason I ask .... I see an artificial close of for this month/today and then a powerful move down tomorrow..
I see the wizard has gone short, I am showing short in the next hour !

Tomorrow the negative Mars Venus opposition is direct, so there could be further weakness tomorrow, been reading the lod could be around 1pm, but I will be taking that as possibly a short term buying opportunity into Thurs, maybe Friday....

From what I gather from his blog there are 2 things happening and because there crossing today will be the start (afternoon)
he said and more tomorrow

What does he say about the 2nd and 3rd???