02/16/2012 Intraday Watering

[SB73]

SENOR
Nice one thanks, I “borrowed” it
She might pierce upper bolinger? First time since October?
Or touch upper bolinger first time since Nov?
Both times she fell back

How about a one day bounce tomorrow off the EMA 5 here. I think chances are good a profitable exit may be available tomorrow.

[uempel]

I'm not sure if this is worth anything - only thing I know is that SPX is at a major pivot. Market could go in either direction here, but bulls have a better hand.

[CMT]

OUCH, and a quote you all should remember

"Fuck him! Now, you listen to me! I want trading reopened right now. Get those brokers back in here! Turn those machines back on!"

[dr659]

OUCH, and a quote you all should remember

"Fuck him! Now, you listen to me! I want trading reopened right now. Get those brokers back in here! Turn those machines back on!"

LOL ,My favorite movie of ALL TIME

[bahurd]

Thought you all would like to read the article @ http://www.wired.com/wiredscience/2012/ ... d-trading/

[btran874]

This is the weather forecast for tomorrow, lol...

[btran874]

And here is another weather forecast from our our lady spy. It all adds up that this wave 5 has a very strong chance of ending right here at 38.2% level, booyah!

[Tabby]

As I've said over and over, do not follow me. This is purely for entertainment purposes only.

All I'm doing is just talking about what I'm doing. In no way am I telling anyone to do anything.

Having said that, I am going to hold TVIX overnight.

Remember, I am a crocodile and can stomach huge % drops because I've accumulated large profits from earlier action.

One more slightly higher high on the SPY, which we are very close to putting in and then the jig is up.

If we blast higher from here and tack on another 20 handles on the S&P, I'll eat the loss.

We like your entertainment.

[thanos]

And here is another weather forecast from our our lady spy. It all adds up that this wave 5 has a very strong chance of ending right here at 38.2% level, booyah!

Nah probably head to 1370 first. Like i've been telling you folks 1340 to 1370 is just noise. Still long and strong. I thought for sure they would gap it below support today. But the bears went back to sleep after they couldn't break 1340 support. Oh well i don't trade on what i think will happen, I trade on what IS happening. Long and strong!

booyahhhh Cramer!!!

[Petsamo]

If we finish at the highs, who's gonna short overnight ?

If I remember correctly, if we finish at HoD, aren't the odds better we gap down?

Yes

[SWalsh]

If we finish at the highs, who's gonna short overnight ?

I almost did. Having bought some 136 calls on the close yesterday I sold them near the close and thought of shorting a portion of that $$$. There was a massive short position by, I'm told, commercials last week. In 2010 it still crept up when it was this big, The other time was 2008 and they cleaned up. I'm flat. It might stay right here for option premium burn, but I can;t see us being here in a week. It continues or turns. But this is movement is activity, wave wise, that means it's going to change levels. We just had the quietest last hour in a long time. I'm wondering why there were no stops over the old high. That I don't like. They don't wait a day. They get them while they can and they didn't.

g'nite

[SWalsh]

OUCH, and a quote you all should remember

"Fuck him! Now, you listen to me! I want trading reopened right now. Get those brokers back in here! Turn those machines back on!"

Here's what they did to Randolph and Mortimer:

(do not click if you don't like foul language)
http://www.youtube.com/watch?v=ceUPN1yE ... 3s2mFsDHfH

[btran874]

I'm not sure if this is worth anything - only thing I know is that SPX is at a major pivot. Market could go in either direction here, but bulls have a better hand.

jj.png

Thank you uempel. You have made my decision a little easier to make.

[BullTart]

OUCH, and a quote you all should remember

"Fuck him! Now, you listen to me! I want trading reopened right now. Get those brokers back in here! Turn those machines back on!"

LOL ,My favorite movie of ALL TIME

Same here... along with Wall Street and Boiler Room.

Toss in Inside Job and Margin call in the "newer classics" category.

[TWT]

IBEX: just an idea

(thewavetrading.com)