Page 6 of 7
Re: 03/12/2012 Intraday Watering
Posted: Mon Mar 12, 2012 2:52 pm
by BullBear52x
bulls hope that this aapl bull flag will break out again, while bears hope for not to
Re: 03/12/2012 Intraday Watering
Posted: Mon Mar 12, 2012 2:54 pm
by btran874
GreedyKojiro wrote:btran874 wrote:I guess Ralph Nelson Elliot do control the market after all. Where are ya GK? Come out and say hi.
Greetings from Houston! Nice chart but I'm on the sideline now.
So weird, things are becoming more complicated seeing Dow gonna reach the target first. COMP SPX and RUT needs to pick up some speed.
Re: 03/12/2012 Intraday Watering
Posted: Mon Mar 12, 2012 2:54 pm
by L_T
Wow super slow day..........
Re: 03/12/2012 Intraday Watering
Posted: Mon Mar 12, 2012 3:00 pm
by BullBear52x
I am done here too, Thanks Cobra and everyone. GLTA
TA note: I bet that we are closing lower the way TRIN is acting, but will power that be allow that is another question.
Re: 03/12/2012 Intraday Watering
Posted: Mon Mar 12, 2012 3:03 pm
by knurbs
Daily C&H means we move higher into the close in anticipation of QE3 tomorrow I guess...this is getting really ridiculous.
Re: 03/12/2012 Intraday Watering
Posted: Mon Mar 12, 2012 3:03 pm
by Petsamo
EWG (Germany) is doing very well. If da bears are gonna make their move, they better hit EWG.
Re: 03/12/2012 Intraday Watering
Posted: Mon Mar 12, 2012 3:14 pm
by Cobra
Triangle, so the bias is up, just the rebound is weaker than I thought.
Re: 03/12/2012 Intraday Watering
Posted: Mon Mar 12, 2012 3:15 pm
by uempel
Bye guys, ain't no fun today.
Re: 03/12/2012 Intraday Watering
Posted: Mon Mar 12, 2012 3:25 pm
by johnnywa
Probably break 1400 this week ,every one on CNBC is waiting for a 5% pullback
Re: 03/12/2012 Intraday Watering
Posted: Mon Mar 12, 2012 3:28 pm
by Cobra
breakout on the upside as I expected, hopefully this time is real.
Re: 03/12/2012 Intraday Watering
Posted: Mon Mar 12, 2012 3:33 pm
by KENA
Completly sideways for the last 2hrs.
Re: 03/12/2012 Intraday Watering
Posted: Mon Mar 12, 2012 3:36 pm
by pidge66
Bulls don't get too excited, the breadth isn't great.
Re: 03/12/2012 Intraday Watering
Posted: Mon Mar 12, 2012 3:37 pm
by johnnywa
Exhausting a lot of energy trying to break 1372
Re: 03/12/2012 Intraday Watering
Posted: Mon Mar 12, 2012 3:40 pm
by Cobra
not looking good for bulls, as it could already be 3 push up. the breakout was again a head fake, I'm disappointed.
Re: 03/12/2012 Intraday Watering
Posted: Mon Mar 12, 2012 3:40 pm
by uempel
Re: 03/12/2012 Intraday Watering
Posted: Mon Mar 12, 2012 3:41 pm
by TraderGirl
Looks like the bias might be to the downside tomorrow. Then Weds we may pop up. But then on Friday, maybe to Monday, the bias is again to the downside...
But, with the new moon on the 22nd, I would not be surprised to see another bounce up into the new moon...
Re: 03/12/2012 Intraday Watering
Posted: Mon Mar 12, 2012 3:48 pm
by uempel
Update...
Re: 03/12/2012 Intraday Watering
Posted: Mon Mar 12, 2012 3:54 pm
by jimme
Staying short overnight. A volume guy at another blog said it's like walking in the rain and not getting wet. Have a good evening and GLTA.jimme
Re: 03/12/2012 Intraday Watering
Posted: Mon Mar 12, 2012 3:54 pm
by Mr. BachNut
No change. Short. Summation index still trending down.
Thought today would be an up day and a step closer to closing this trade, but no. OK by me.
Bigger picture, it is possible we are entering into a range trade or pehaps a coil for awhile.
If so, this trade may just sit here until things start trending.
Re: 03/12/2012 Intraday Watering
Posted: Mon Mar 12, 2012 3:58 pm
by Cobra
well, guess that's it for today. tomorrow FOMC, generally up until the rate announcement, then roller-coaster then who knows. thank you guys, I'll see you tomorrow.