08/04/2011 Intraday Watering

[Michelle]

Wow, interesting - thanks Michelle. Which sites allow you to see the MMTW indicator? I've never heard of it until today.

The symbol for SPX stocks above 50 day is $SPXA20R in Stock Charts. I don't know what the symbol is for stocks above the 20 day. But the site that Tomsky posted is showing the $MMTW chart, and I'm bookmarking that site.

[agnosia]

crude pierced the "war gap" at 87.35 so we should trade down to 85.95 before the end of the downdraft.

war gap closed , i am long 86.10

[99er]

Honey...still tumbling dice?

http://www.youtube.com/watch?v=ySY4ovYu ... er&list=UL

No. Just watching the market.

[Michelle]

The big picture with basics

I like your chart, Dow Trader. You should do one for copper. I'm showing copper sitting on a support line right now.

[99er]

DX
Update.
http://99ercharts.blogspot.com/2011/08/dx_04.html

[newbie_77]

another 2 hrs of selling may be we will see 1180 today

[99er]

Honey...got a silver dollar?

http://www.youtube.com/watch?v=qMw4cKhB ... re=related

[Michelle]

another 2 hrs of selling may be we will see 1180 today

Can you believe we've lost almost all of the gains since November in just days?

[Me XMan]

TTTTIIIIMMMMMBBBBEEEEEERRRRRRRRRRRRRRRRRRRRRRRRRR

[Cobra]

testing the previous low now, I bet the low will be broken to run some stops at least.

[99er]

Okay, folks...a chart.

SPX http://99ercharts.blogspot.com/2011/08/spx_7977.html

[Anaconda]

TTTTIIIIMMMMMBBBBEEEEEERRRRRRRRRRRRRRRRRRRRRRRRRR

...but is there panic, yet? I don't think so. So many months of "buy the dip." I think the decline has still been entirely too orderly.

[Nomorework]

Picknic time.See you tomorrow.

Any chance you're a Boeing guy?... Picnic at 11am here.

[newbie_77]

yup.. looks the way its headed we are falling over the cliff... ...

any idea when it will stop..

mommie!!! please !!!! no more !!!

[Cobra]

new intraday low, all stops below were collected so volume surge, let's see what's next, should be interesting.

[cougar]

WOW, Agnosia! OIL: amazing!

[99er]

Honey...some red wine?

SPX
http://99ercharts.blogspot.com/2011/08/spx_4595.html

How about the bottle?

http://www.youtube.com/watch?v=-yTW6BYAyzo

Have a good one!

[agnosia]

i dunno guys, just looking at my screen ... we are full blown meltdown. wow.

[agnosia]

WOW, Agnosia! OIL: amazing!

it's bringing the market down with it.... XLE down over 6% !!

[Cobra]

the selling accelerated, should be close to a rebound now. what a bloody day! this is at least a 3 leg down day, now it's only the 2nd leg. hopefully the 3rd leg won't be very powerful.