03/14/2012 Intraday Watering

[uempel]

This sure is a horrible assessment, don't know if Greg''s words are true or if he's just pissed off.

http://www.nytimes.com/2012/03/14/opini ... anted=2&hp

[Cobra]

ChiOsc even higher.

[HappyFriday]

Free money from Bank of America

BofA to Offer Principal Reductions of More than $100K
http://www.linkedin.com/news?actionBar= ... jS681kHl81

[THAT GUY]

oh, forgot to mention this: ChiOsc too high, I don't think we can go too high from here.

If we can't get too high from here, there is only one other direction !!!

[SB73]

oh, forgot to mention this: ChiOsc too high, I don't think we can go too high from here.

If we can't get too high from here, there is only one other direction !!!

Careful could be sideways then higher. I doubt it, but it must be considered.

[jarbo456]

ChiOsc even higher.

apparently its level doesn't really matter.

[Al_Dente]

Nydec 1500
Nyadv 1100
“range day” so far, suggests whipsaws, bear bias

[dr659]

ChiOsc even higher.

Is this the beginning of a new move up or the ending of a mature move? I think you said once it does not work well in a new move

[stucap]

ChiOsc even higher.

apparently its level doesn't really matter.

amen, brother.

[knurbs]

I think it will very likely be sideways then higher. Still way to many shorts thinking this thing is getting ready to correct. A couple more small squeezes wouldn't surprise me at all.

[THAT GUY]

oh, forgot to mention this: ChiOsc too high, I don't think we can go too high from here.

If we can't get too high from here, there is only one other direction !!!

Careful could be sideways then higher. I doubt it, but it must be considered.

I understand that, I was just trying to get the big ball squirrel excited

[knurbs]

Anyone seeing a double top?
?

[KeiZai]

I think it will very likely be sideways then higher. Still way to many shorts thinking this thing is getting ready to correct. A couple more small squeezes wouldn't surprise me at all.

I disagree, short interest are at very low level...http://www.zerohedge.com/sites/default/ ... 203.12.jpg

[Cobra]

ChiOsc even higher.

Is this the beginning of a new move up or the ending of a mature move? I think you said once it does not work well in a new move

yeah, the problem is hard to know if this is a new move or a mature move.

[EvilTrader]

Anyone seeing a double top?
?

I wish i wasnt blind.

[Harapa]

~ 10:30 European pump or dump starts. Watching EEM for a clue of direction!

[jimme]

GM All,

I hopefully see a bear flag here. I am trapped with my SMH puts and I have a long way to go. GLTA jimme

[soku]

GM All
SP500 futures completed “9-13 TD Sequential” on 1 hour time frame this morning (Purple Down Arrow). Completion of this pattern suggests trend exhaustion/reversal. If you trade futures you may find it useful for actual trading. For all others this indicates some softness in hours to follow. On SPY only 7 of 13 bars are labeled. Even if all bars gets label today sell signal will emerge at the close of today. I will update the chart if I get a signal.
Happy Trading!

yr demark does not seem right, especially the countdown

[KENA]

Is the 1400 Hype now done.??

[stucap]

Check out bonds --- yields are rising like a rocket. What does this mean? With Fed giving banks free money --- banks get to make a greater spread. You and I get F%CKED, Banks win again, but as long as equities go up....?!?!?! We know the dance by now.