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Re: 02/23/2012 Intraday Watering
Posted: Thu Feb 23, 2012 4:42 pm
by Cobra
consolidation instead of pullback, I'm neutral now.
Re: 02/23/2012 Intraday Watering
Posted: Thu Feb 23, 2012 4:43 pm
by BullBear52x
Tabby wrote:SWalsh wrote:Tabby wrote:When can we consider this is not ending diagnol and consider that abc (4th) from 1367 ( 3rd) wave done and we are going for another 1,2,3,4,5 minor 5 waves to 1390?
I wish that question could be answered. I sure as hell can't. The market can, and will, do anything. EW needs people, not a high-speed abacus, to allow a flow into the mkt where EW is reliable.
I see enough waves for this to be done already. And given the length of what I think is a corrective wave 3, the 5th wave should not extend.
But with The Lloyd, all things are possible (apologies to Matthew, Mark, Luke, or John)
With QE coming from anywhere allover the world, we might hit SPX 2012 by the end year 2012. Stocks go up, gas goes up, food price goes up.
Everything up is good, next housing will be up
Re: 02/23/2012 Intraday Watering
Posted: Thu Feb 23, 2012 4:47 pm
by Tabby
[/quote][/quote][/quote]
Wishful thinking
Re: 02/23/2012 Intraday Watering
Posted: Thu Feb 23, 2012 4:47 pm
by BullBear52x
sorry bears, no new DING DING DING...
Re: 02/23/2012 Intraday Watering
Posted: Thu Feb 23, 2012 4:48 pm
by SB73
Cobra wrote:consolidation instead of pullback, I'm neutral now.
neutral on short-term direction, but still holding the long overnight...is that correct?
Re: 02/23/2012 Intraday Watering
Posted: Thu Feb 23, 2012 4:51 pm
by proteus46
SPY DAILY CHART - I'm not going to fight the Bulls - but some have disappeared
Re: 02/23/2012 Intraday Watering
Posted: Thu Feb 23, 2012 4:52 pm
by stevej
Hope you are right on housing--I own 21 homes--rentals--bought real estate rather than stocks when I retired 3 years ago.
Re: 02/23/2012 Intraday Watering
Posted: Thu Feb 23, 2012 4:54 pm
by jimme
BullBear52x wrote:sorry bears, no new DING DING DING...
Tomorrow AM orportunities... Have a good evening and GLTA. jimme
Re: 02/23/2012 Intraday Watering
Posted: Thu Feb 23, 2012 4:55 pm
by TraderGirl
This article is probably long oriented, but check out profit margins graph, must revert to mean eventually. Just saw that SWY got wacked on higher costs squeezing profits...higher commodities prices means eventually growth will be stunted. Solar Cycles say we could have a commodities peak in 1Q or 2Q of 2013, which then leads to recessions......
http://theshortsideoflong.blogspot.com/
Re: 02/23/2012 Intraday Watering
Posted: Thu Feb 23, 2012 4:57 pm
by Petsamo
Anyone thinking of shorting USO ?
Re: 02/23/2012 Intraday Watering
Posted: Thu Feb 23, 2012 4:58 pm
by TraderGirl
stevej wrote:Hope you are right on housing--I own 21 homes--rentals--bought real estate rather than stocks when I retired 3 years ago.
Where do you live? Where I live that would cost around 20-40 million for 21 homes...
Re: 02/23/2012 Intraday Watering
Posted: Thu Feb 23, 2012 4:58 pm
by Cobra
well, guess that's it for today. I have no clue about tomorrow yet, need dig a little. Thank you guys, I'll see you tomorrow.
Re: 02/23/2012 Intraday Watering
Posted: Thu Feb 23, 2012 5:00 pm
by BullBear52x
Thanks Cobra and everyone, GLTA
TA note: Neutral, I will pay attention to /ES tonight. LOD today is do or die for Bulls next selling spot is double top area. lets see how this flight to the infinity will pare out.
Re: 02/23/2012 Intraday Watering
Posted: Thu Feb 23, 2012 5:00 pm
by soku
bot some lottery ticket on crm
Re: 02/23/2012 Intraday Watering
Posted: Thu Feb 23, 2012 5:01 pm
by Carlos
Well.. Had a good day today. Made some nice coin..
Re: 02/23/2012 Intraday Watering
Posted: Thu Feb 23, 2012 5:03 pm
by jarbo456
i'm sure plenty of people have seen the comparison to Dec-March 2011 already...but here's another look.
FXE vs SPX...looking pretty similar...
euro can still rise in the face of falling equities...proven last year.
Re: 02/23/2012 Intraday Watering
Posted: Thu Feb 23, 2012 5:04 pm
by TWT
SPX: If the Ending Diagonal is playing out then today´s up leg is wave (A) of a ZZ or (W) of a DZZ wave (V) ED
(thewavetrading.com)
Re: 02/23/2012 Intraday Watering
Posted: Thu Feb 23, 2012 5:06 pm
by Richarab
Petsamo wrote:Anyone thinking of shorting USO ?
dont short it. please
Re: 02/23/2012 Intraday Watering
Posted: Thu Feb 23, 2012 5:06 pm
by stevej
Trader girl I leave in Grand Rapids MI and it costs about 2 here
Re: 02/23/2012 Intraday Watering
Posted: Thu Feb 23, 2012 5:06 pm
by btran874
Richarab wrote:btran874 wrote:btran874 wrote:3:05PM. It's that time again. Come on Wave 3, let's dance.
Hurry the hell up bots, it's 3:05PM. Jesus!
"oh, yeah, sorry boss.. i just had to go to the bathroom... i'll hit the button now"
Hahaha, I'm all in LONG. I'll go all in short when target is reached. EASY MONEY!!!!!!!!!1
Wave 3 up, I'm all in.