02/09/2012 Intraday Watering

[TraderGirl]

What's up with treasuries today, market down, treasuries down???

[BullTart]

The crocodile is sensing that its meal is approaching... getting ready to snap its jaws on the unsuspecting prey...

that's code for TVIX breaking out of its mega descending falling wedge this morning.

as I said yesterday, contango in the VIX futures short term is being erased... yesterday was the very first sign of this as TVIX was momentarily positive while the VIX was negative. that was the signal. the short term slope of the VIX term structure is rising.

i will repeat: ignore at your own peril.

[grachu]

cobra, out of topic. BUT please coment on AAPL and what you see in the chart hiting all extremes. do you see any more upside? PLEASE YOU KNOW I ask for APPLE on extreme conditions...

[stucap]

macd 5min cross is getting close... stochastics cross at 5min as well upturn very soon I think if things go they way they have been.

Just pushed through 5 min vwap and jumped back up on a volume spike. Time for bulls to come out and play and time to see if bears can get that elusive second wave down.

[Al_Dente]

SB73
yeeooooowwwww
I’m out
But my trin is beeping sell so I’m early out
Got two bits, wont risk that wench taking it back
(I’m not supposed to trade juice unless/until adv dec skew is better….espec counter)
Just lucky on that one

[SB73]

[quote="Me XMan"]Added to short positions. There aren't any bears out there?[/quote

Let's see if bears can crack 134.50 in the next hour. This will make this pullback stronger and faster than the last one and may give some credence to further downside.

[soku]

weakness in market. tech levels are the same. 1337-1339 previous bottom and pre-previous peak. a slightly better support at 1330.

[SB73]

SB73
yeeooooowwwww
I’m out
But my trin is beeping sell so I’m early out
Got two bits, wont risk that wench taking it back
(I’m not supposed to trade juice unless/until adv dec skew is better….espec counter)
Just lucky on that one

Sweet....still in but moved the stop up to a reasonable proft.

[stevej]

I am just using today and the next 9 days as 10 days from when the Greek situation is "over". We got what the market wanted, but we really will not "fix" anything and the markets will fall to force QE or ANYTHING that will add punch to the bowl. Correction will be sharp and quick once momentum players exit. This is what has happened after each deal has been done; I see nothing different this time. ---I post my thoughts to elicit a responce from those that may know; or think they know; something that may add or detract from my opinion.

[Petsamo]

Bloomberg / Econoday has not released the natural gas report

Correction, just released

[nonabear]

It is never different...but this feels like the May 2nd top right here. AAPL is likely at the end of its parabolic move here...and the Greece news is now over...much like the Bin Laden news. Markets top on perceived good news...that really either doesn't matter to the market (Bin Laden death, while great for the U.S., it had no real impact on the market). And the Greece news isn't really good news, even though it is perceived as good news.

Caution here to the bulls. The next 50 S&P points should be down and not up.

[Wallstreetrader]

Buy 2500 contrats $NATGAS will see.

[jarbo456]

be careful...we're nearing the level that bulls should be stepping in to buy at.

[Petsamo]

be careful...we're nearing the level that bulls should be stepping in to buy at.

Phantom bar from yesterday is close

[Al_Dente]

TART
U mean like, ignore at our own peril?
I like u
And I like that sig: “”””””””””TVIX was momentarily positive while the VIX was negative””””””””

YO SB………mofo gap fill, oy….…..

[quatzl]

Maybe. 5 min IWM, double bottom, bullish butterfly.

[waverider]

Nice TVIX run today. Greece got a deal and the market drops, hilarious.

[SB73]

TART
U mean like, ignore at our own peril?
I like u
And I like that sig: “”””””””””TVIX was momentarily positive while the VIX was negative””””””””

YO SB………mofo gap fill, oy….…..

Locked it in.

[Al_Dente]

TART
U mean like, ignore at our own peril?
I like u
And I like that sig: “”””””””””TVIX was momentarily positive while the VIX was negative””””””””

YO SB………mofo gap fill, oy….…..

Locked it in.

cool, just going 2 post this:
SB watch those reds
Programs are buying this BFTD at the mom, still flag tho

[Petsamo]

Nice TVIX run today. Greece got a deal and the market drops, hilarious.

Sell the news