03/07/2012 Intraday Watering

[TraderGirl]

TWT,

Throw me a bone and provide an update on TVIX. Full disclosure - no position.

TVIX: The break out has failed

Do you honestly think EW works with TIVX or stocks we don't enough data?

I posted this chart yesterday, which differs from TWT's count, but mentioned that it could be the end of the move based on the count....

Was it just coincidence??

Thanks but I only believe in EW in major indexes.
BTW, your Mc Clellan Oscillator needs to be changed to ratio adjusted vs traditional to get an accurate reading It has "NO" which should be changed"Yes".

I don't use it much, but thank you for the tip...

[waverider]

Good day for refiners, nice volume on a breakout for $VLO

[TraderGirl]

I have no idea where Apple's stock is going, but I was just playin' around with the chart, looks like an interesting analog...

[TWT]

EURUSD: follow up of a possible EWP

(thewavetrading)

[paul]

Cobra, what do think about Gold... Is this a bear flag being formed?

[Cobra]

resistance. volume surge plus biggest bar, so might see pullback here.

[paul]

I mean gold futures..

[Al_Dente]

New I-Pad comes with 3.1 MP camera, Wow! 3.1 Mag that is unheard of and it's only 500.00 wow

It's freaking ridiculous.
This mini computer the size of a credit card costs $35 for 256mb of processing power, more than an ipad, lol! Also has 1080p, pretty amazing.
http://www.youtube.com/watch?v=6BbufUp_HNs
Where is Al? I think the selling scared him away.

What selling?
http://stockcharts.com/h-sc/ui?s=SPY&p= ... =259571035

[TraderGirl]

There has been a meaningful bounce every time NYMO were at these levels...

[Harapa]

Per Tom DeMark "Range Expansion" Algo

Trading Range Interim Report: (Ranges Posted in the AM)
SPY: Crossed above H1 and H2 levels, vacillating around H2 since 11AM
TNA: Crossed above H1 but didn’t reach H2. Indicate weakness in small cap arena.

[BullBear52x]

There has been a meaningful bounce every time NYMO were at these levels...

I got hard look at it also, it's like RSI, I would love to see the turn up first to believe it since the low could be -100.

[kaiboliu]

AAPL is negative...

[TWT]

FAZ: An impulsive has been negated. So if the down leg belongs to a wave (B /X) it better bottom above 25.44

(thewavetrading)

[waverider]

Haha, I don't see any, all buying.

What selling?
http://stockcharts.com/h-sc/ui?s=SPY&p= ... =259571035[/quote]

[BullBear52x]

Here is sell the rip spot for SMH, my favorite spot to buy or sell retest of 5 dma.

[BullBear52x]

XLF(FAS/FAZ) I should have wait until it retest 5dma, itching fingers

[TraderGirl]

There is a megaphone pattern on SPX...

From Pivot 5, the pattern is either fall to lower-trendline or breakout and become a Continuation pattern of prior trend. The failure of 5-6 leg usually occurs at the mid Channel level.

[TraderGirl]

Here is SPX on 1 minute...

[jimme]

Buying SMH 34 puts right here. Thanks BB. Good stuff. GLTA jimme

[3DM]

for the astrophysical types, is this of significance...

Giant solar storm headed for Earth could disrupt power grid, air travel

The largest solar flare in five years is racing toward Earth, threatening to unleash a torrent of charged particles that could disrupt power grids, GPS and airplane flights.

The sun erupted Tuesday evening, and the effects should start smacking Earth around 7 a.m. EST Thursday, according to forecasters at the federal government's Space Weather Prediction Center. They say the flare is growing as it speeds outward from the sun.

The solar storm is likely to last through Friday morning, but the region that erupted can still send more blasts toward Earth, Mr. Kunches said. He said another set of active sunspots is ready to aim at Earth right after this.

http://www.theglobeandmail.com/news/tec ... le2361702/