02/06/2012 Intraday Watering

[KeiZai]

Come on Greeks say something bad...thats soooo boring

[Cobra]

consolidation under resistance means up bias.

[Unique]

EUR/USD at resistance.

Cobra, time for another poll?

[Mr. T]

EUR/USD at resistance.

Cobra, time for another poll?

No need for a poll = everyone knows it's melting up and don't believe it..... therefore, too many bears = more melt up.

[BullBear52x]

Internals still favor bears

another 5min. if no new HOD, bears can go to the bank.

[Unique]

Resistance, stalling.

[Unique]

Internals still favor bears

another 5min. if no new HOD, bears can go to the bank.

Praying divergences play out well this week
Some indicators have hit extremes on friday close. zzzzz
Knees are sore.

[Al_Dente]

Internals still favor bears
another 5min. if no new HOD, bears can go to the bank.

Baron
Well… we’re right on track again
only bear I see is BIG bear tnx
As usual I see almost everything differently than u…. so …

But I did just get 2 sell bot/programs….and we are underwater…
http://stockcharts.com/h-sc/ui?s=SPY&p= ... =250028427

[Al_Dente]

PAGING TAGGARD
Thank you Taggard, you pretty much nailed it in your weekend post to me…
Every single word u wrote I took as very VERY positive helpful info… so many gems: the straight punch, use the least moving parts, concentration, trust no one especially yourself, the problem is what you are not aware of, the water glass, etc...

My approach is actually quite cohesive in my head, and overnights and weekends ARE shotgun for “seeing the bigger picture” (perhaps we’ll discuss later?), and many of my intraday posts are actually my notes to self from overnight/weekend discovery that I cut/paste thinking someone else might find them useful.
But intraday scalping turns from shotgun to laser beam, so much so that my laser can almost burn a hole in my screen (a la Bobby Fisher 98%, but I think Bobby lied, I believe that DURING game he was 145%). Intraday rambling is for when I have flattened a scalp, the laser beam is turned off, and I wander around looking for my next set-up, posting what I stumble upon along the way.

Please page me when you’re back “in town,” and we might be able to carry this discussion further, as I printed out your post and put it on my refrigerator (the front of which was previously bare btw), and will be studying it much further…

And for you (wisdom from the masters is my “meditation”):
“The third-rate mind is only happy when it is thinking with the majority. The second-rate mind is only happy when it is thinking with the minority. The first-rate mind is only happy when it is thinking.” [from “Winnie-The-Pooh” by A.A. Milne,1926]

Thanks again Tag…
PS: The above is all cut/paste from last night. I am on laser beam mode today…more later…

[BullBear52x]

Baron

As usual I see almost everything differently than u…. so …

What a surprise! want new toy? check out $TRIN:SPY, got fooled on last Thursday, this time it's a kill, me thinks.

[fehro]

seems bullish......another bull flag? or little bearish rising wedge? but needs a move across blue trendline on the SPX 15m to expect a sharper move down.

[FinancePhD]

Doc Al:

What do you mean by BIG bear? Any target?

You are bearish intraday or in a longer time frame?

Thanks!

Internals still favor bears
another 5min. if no new HOD, bears can go to the bank.

Baron
Well… we’re right on track again
only bear I see is BIG bear tnx
As usual I see almost everything differently than u…. so …

But I did just get 2 sell bot/programs….and we are underwater…
http://stockcharts.com/h-sc/ui?s=SPY&p= ... =250028427

[Avitar]

Paging uempel,

WE could really use one of those elipse event timing signals right about now. TIA

[Al_Dente]

Baron ...As usual I see almost everything differently than u…. so …

...What a surprise! want new toy? check out $TRIN:SPY, got fooled on last Thursday, this time it's a kill, me thinks.

I luv new toys and bright shiny things and u
What time frame??

[Me XMan]

I'm calling Santa to throw me a few bones

Internals still favor bears

another 5min. if no new HOD, bears can go to the bank.

[KeiZai]

EUR/USD at resistance.

Cobra, time for another poll?

No need for a poll = everyone knows it's melting up and don't believe it..... therefore, too many bears = more melt up.

i would be strong bull but from my point of view there is no reason to be(only for intra/swing trade)...It is just matter of time when something bad happen...Greece have to default if they dont want to be in recession for another 20 years and people know that...just look at this what happened despite of bailout and reforms:"The discussions come as the EU's statistics office reported Greece's debt spiked to 159.1% of gross domestic product in the third quarter of 2011 - up from 138.8% a year earlier and 154.7% in the second quarter."

http://www.bbc.co.uk/news/business-16900700

[Al_Dente]

Doc Al: What do you mean by BIG bear? Any target?
You are bearish intraday or in a longer time frame?Thanks!:D

Internals still favor bears
another 5min. if no new HOD, bears can go to the bank.

Baron Well… we’re right on track again
only bear I see is BIG bear tnx
As usual I see almost everything differently than u…. so …
But I did just get 2 sell bot/programs….and we are underwater…
http://stockcharts.com/h-sc/ui?s=SPY&p= ... =250028427

Hi finance
Did u misread?
The only thing I saw that was bear was TNX
But vix 5m bolinger is now in a MONSTER compression
Me and bolinger don’t have a direction “tell”
http://stockcharts.com/h-sc/ui?s=SPY&p= ... listNum=15

[BullBear52x]

Baron ...As usual I see almost everything differently than u…. so …

...What a surprise! want new toy? check out $TRIN:SPY, got fooled on last Thursday, this time it's a kill, me thinks.

I luv new toys and bright shiny things and u
What time frame??

5min.

[Cobra]

a little overshot, wait to see if this is an valid breakout.

[BullBear52x]

inraday gap to new high? WTF?