03/23/2012 Intraday Watering

[1der]

Anyone else have AAPL Halted????

100 share trade below 550 --- looks like a bad tick/pbar type deal....resume trading.....BTFD.

Thanks. Funny how a P Bar on Apple creates a stir and halt and yet all the other manipulation like with TVIX goes on without an attention whatsoever. Gotta love it!!!

[Al_Dente]

AAPL in red behind SPY
Oy, what a P-bar at 542.80
Bets on whether or not they’ll ERASE that p-bar soon
http://stockcharts.com/h-sc/ui?s=SPY&p= ... =261953641

[johnnywa]

What happened to bears??

Bears have been extinct since November 2011.

Maybe what happened to cubbies?

[uempel]

I showed this chart yesterday, here an update:

[su_root]

NDX seems to me as the weakest link today. Now at semi important support.

[soku]

Internet, you are awesome.

http://allthingsd.com/20120323/who-is-j ... his-video/

[OverUnder]

We'll see what happens here.

[soku]

http://www.zerohedge.com/news/fat-finge ... -hit-54280

i know apple only goes up. if it goes down, we will just call it a bad trade and cir break it.
it is interesting tho. so if i don't like aapl, i can just sell 100 shares of aapl at -9%. with a cost of roughly 5k, i can halt it for 6 minutes? sounds like a great strategy.

[Cobra]

maintain the plan. travel too long to an important resistance, I don't think bulls will make it on the first try, need at least a consolidation.

[Buckethead]

Every bull market people try to pick tops. It's a very stupid strategy.

[johnnywa]

maintain the plan. travel too long to an important resistance, I don't think bulls will make it on the first try, need at least a consolidation.

hmm just broke resisitance

[Cobra]

resistance, still think bulls need a consolidation here at least. overall game is over for bears, this is at least a 2 legged up.

[OverUnder]

S&P is up 1 point. Something reminds me not to get too excited just yet.

[Cobra]

still think it'd go like this but again bears are over for today.

[soku]

my line at 1389 (over night trading pushed it to 1390.25) is holding for now. not sure how long tho. today's pivot is 1390.75. expect some fight here.
overall, if entire morning, es is trading below pivot, how u call the market?
this is just a stuck in the middle moment. be patient. don't overtrade. we will get better trades soon.

[KENA]

SOKU..Your YOKU now looks like a buy into the 30'S.

[SWalsh]

Enjoying your tax dollar machines today? I did so as "Trendlines Matter" now more than I have ever seen.

Just after 10 AM and until almost 10:30 the HFT screen shows they were running bids under the mkt to slow any decline (they call it increasing latency) which just happened to stop at Dow 13,000.

At 10:37 they decided to really spike it:
http://chart.ly/m9ysnsg

It is, per law, criminal activity here that is being curtailed in Europe, and growing here with administration approval as the DOJ says "hands off the banks" and the markets unless it's from one "outside the fold". Ignore HFT activity at your own peril.

I posted this yesterday and I suggest you read it and plan on making any good coin soon as it won't be made later.

http://www.financialsense.com/contribut ... er-markets

Anyone notice we do not have 200+ point down days anymore? How about 100 points? Every firm with the money has decided to get into the algo business and are working for scraps. So the mkt has many more computer players. I'd say to look to commodities, but they are having a field day there despite requests to ban them as they interfere with hedging by clients.

[Cobra]

this is what I mean at least 2 legged up. direction only, not mean the 1st leg up is about to end, I don't know in fact.

[uempel]

Same chart as 2 hours ago:

[Kato]

Another possibility with lower odds than Cobra's plan. SPX completing right shoulder of HS.