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Re: 09/14/2011 Intraday Watering
Posted: Wed Sep 14, 2011 1:25 pm
by qtipped
Cobra wrote:strange, still pretty much a 3 push up or wedge, whatever you like to call. Cannot this market pullback even a little?

nah...this market is probably going to do 10 pushups..
Re: 09/14/2011 Intraday Watering
Posted: Wed Sep 14, 2011 1:25 pm
by laoguo
qtipped wrote:qtipped wrote:Cobra wrote:Measured Move or ZigZag target should be around here.
shoot, i have to wait till 119 to get squeezed out of my shorts?? this blows...there's hardly any pullback to the MA...and it's slow which is the worst part. will prob hold till tomorrow after job report to blow out of this loser trade.
somebodies must know something good about tomorrow to be supporting this uptrend??
when you guys see this spx drop like a rock, it probably means i just got out....
Indeed SPX drops a little, wow you are good!

Re: 09/14/2011 Intraday Watering
Posted: Wed Sep 14, 2011 1:26 pm
by Al_Dente
TBT is trying to put the kibosh on this rally.
Doesn't matter, I'm out when my 4/9ema crosses
Re: 09/14/2011 Intraday Watering
Posted: Wed Sep 14, 2011 1:28 pm
by laoguo
I have a question for EVERYONE here:
why on earth we're reading the market so intensely in an OE week?

Re: 09/14/2011 Intraday Watering
Posted: Wed Sep 14, 2011 1:29 pm
by waverider
I doubt it can break sep 07/08 resistance, would guess the days high is in.
Re: 09/14/2011 Intraday Watering
Posted: Wed Sep 14, 2011 1:30 pm
by heavenskrow
agnosia wrote:not trusting this rally. most of the risk trades are down : crude, copper, aud/jpy.. one plus is vix down and euro up.. but then there is bonds up which is risk off..
mixed signals to say the least

thats why im long bonds instead of going short....
Re: 09/14/2011 Intraday Watering
Posted: Wed Sep 14, 2011 1:30 pm
by MajorEasy
big picture suggests break-out from a desending wedge...
the bulls are whimpy.... (weak)
charts shows the last 13 trading sessions
Re: 09/14/2011 Intraday Watering
Posted: Wed Sep 14, 2011 1:30 pm
by bushwaffle
qtipped wrote:qtipped wrote:Cobra wrote:Measured Move or ZigZag target should be around here.
shoot, i have to wait till 119 to get squeezed out of my shorts?? this blows...there's hardly any pullback to the MA...and it's slow which is the worst part. will prob hold till tomorrow after job report to blow out of this loser trade.
somebodies must know something good about tomorrow to be supporting this uptrend??
when you guys see this spx drop like a rock, it probably means i just got out....[/quote
Been trapped short for 2 days...big loser, been averaging price hoping to need less of a move to get out. If this ship sinks by floating too high...I'll just damn go down with it.
Re: 09/14/2011 Intraday Watering
Posted: Wed Sep 14, 2011 1:32 pm
by tonghu
i guess after the 3 push-up on 5-min chart is done, we will have another 3 push-up on 15-min chart, and then 30 -min, to forever...
Cobra wrote:strange, still pretty much a 3 push up or wedge, whatever you like to call. Cannot this market pullback even a little?

Re: 09/14/2011 Intraday Watering
Posted: Wed Sep 14, 2011 1:32 pm
by BullBear52x
what a fight.
Re: 09/14/2011 Intraday Watering
Posted: Wed Sep 14, 2011 1:33 pm
by zazusays

Still in SPY puts and remain stubborn while observing this wedge....but amd worried.
Re: 09/14/2011 Intraday Watering
Posted: Wed Sep 14, 2011 1:37 pm
by BullBear52x
laoguo wrote:I have a question for EVERYONE here:
why on earth we're reading the market so intensely in an OE week?

That's why I want to take time off, I will anyways with small short position.
Re: 09/14/2011 Intraday Watering
Posted: Wed Sep 14, 2011 1:38 pm
by HappyFriday
Mad Bulls are coming fast, and make you big money.
Re: 09/14/2011 Intraday Watering
Posted: Wed Sep 14, 2011 1:39 pm
by champix
HappyFriday wrote:Mad Bulls are coming fast, and make you big money.
Nice call ! Bulls are definitely in the place today...
Re: 09/14/2011 Intraday Watering
Posted: Wed Sep 14, 2011 1:41 pm
by stockcycle
The bull flag works.
Re: 09/14/2011 Intraday Watering
Posted: Wed Sep 14, 2011 1:41 pm
by BullBear52x
I am out the here, can't buy this market, not this week. maybe next week. good luck trading all
Re: 09/14/2011 Intraday Watering
Posted: Wed Sep 14, 2011 1:45 pm
by BullBear52x
Last post 3 pushes
Re: 09/14/2011 Intraday Watering
Posted: Wed Sep 14, 2011 1:45 pm
by lilitulip
who is lying? Bond or stock market?
Re: 09/14/2011 Intraday Watering
Posted: Wed Sep 14, 2011 1:46 pm
by Al_Dente
Big stick means I adjust my stop to: out on CLOSE below 9ema, won't even wait for cross, won't even let it correct much. My tick beeper keeps beeping. Gotta pull back soon unless it's one of those giant squeezes
Re: 09/14/2011 Intraday Watering
Posted: Wed Sep 14, 2011 1:48 pm
by Cobra
another overshot, volume surge plus largest bar. let's see any pullback from here. I pretty much give up the hope of any meaningful pullback today.
