09/20/2011 Intraday Watering

[shumushu]

lol, just when the bears have a chance to break down. The bull told the bears to F&& off and rip it higher with a 4point 5min bar.

[KENA]

I think AAPL is skewing the American markets. Plus I think the US markets a too complacent (naive) about whats going on in Europe. Check the Velocity of Money ratio at the St. Louis Fed, currently @ 1.65 or lower -- its at recessionary levels. CDS spreads are widening. And commodities are heading lower, as is oil. I am still short the US/Asian/Euro markets and short the Euro. And today I am buying silver and gold. I think more and more of the Euro central banks are going to be buying gold. (Likewise I think the PIIGS should be selling theirs to pay their debts).

flies, i mean the famous espresso machine put up a rumor that aapl to replace hpq in d30.

I would not touch AAPL..New hi and maby last hi..Has neg. div.(strong) and will now start to go dn.If you don't belive me wait 6 mo and look at it.Then you can tell me if I was right or wrong.I have seen these hyps befor and they allways come dn.

speaking of aapl, do u still remember this chart i posted in early july?
my projection is not too bad.

No I don't remember the chart.But that was a good projection.

[frankthetank]

4th time the charm for the breakout?

[AK84]

I think AAPL is skewing the American markets. Plus I think the US markets a too complacent (naive) about whats going on in Europe. Check the Velocity of Money ratio at the St. Louis Fed, currently @ 1.65 or lower -- its at recessionary levels. CDS spreads are widening. And commodities are heading lower, as is oil. I am still short the US/Asian/Euro markets and short the Euro. And today I am buying silver and gold. I think more and more of the Euro central banks are going to be buying gold. (Likewise I think the PIIGS should be selling theirs to pay their debts).

flies, i mean the famous espresso machine put up a rumor that aapl to replace hpq in d30.

I would not touch AAPL..New hi and maby last hi..Has neg. div.(strong) and will now start to go dn.If you don't belive me wait 6 mo and look at it.Then you can tell me if I was right or wrong.I have seen these hyps befor and they allways come dn.

speaking of aapl, do u still remember this chart i posted in early july?
my projection is not too bad.

No I don't remember the chart.But that was a good projection.

I remember this chart. Good one dude!

[Cobra]

another try on the upside, still look like an ascending triangle.

[Tabby]

Soku,
AAPL has more cash flow on hand than our fed. gov. AAPL is coming up with Iphone 5 with I cloud in Oct. These companies have already rated AAPL up to $530 stock. When t buy any stock and hold it is more impressive.

Apple Inc.

20-Sep-11 Reiterated Wedbush Outperform $510 → $530

06-Sep-11 Reiterated Canaccord Genuity Buy $515 → $545

15-Aug-11 Initiated Hilliard Lyons Buy $475

01-Aug-11 Reiterated Canaccord Genuity Buy $510 → $515

20-Jul-11 Reiterated Wedbush Outperform $450 → $510

20-Jul-11 Reiterated RBC Capital Mkts Outperform $450 → $500

20-Jul-11 Reiterated Deutsche Bank Buy $450 → $500

20-Jul-11 Reiterated Canaccord Genuity Buy $500 → $510

20-Jul-11 Reiterated Barclays Capital Overweight $465 → $515

08-Jul-11 Reiterated Canaccord Genuity Buy $485 → $500

21-Jun-11 Reiterated Oppenheimer Outperform $450 → $420

07-Jun-11 Reiterated Canaccord Genuity Buy $480 → $485

01-Jun-11 Reiterated UBS Buy $495 → $510

25-May-11 Reiterated Wedbush Outperform $445 → $450

29-Apr-11 Reiterated Argus Buy $375 → $415

21-Apr-11 Reiterated Wedbush Outperform $430 → $445

21-Apr-11 Reiterated UBS Buy $465 → $495

21-Apr-11 Reiterated Ticonderoga Buy $550 → $612

21-Apr-11 Reiterated Oppenheimer Outperform $425 → $465

21-Apr-11 Reiterated ISI Group Buy $400 → $425

http://finviz.com/quote.ashx?t=aapl

[EvilTrader]

Did you guys realize SPY is touching ma(50) @ daily ??

Resistance is expected here.

Next stop could be ma(200) SPY 127, but i doubt it will be reached this year.

[heavenskrow]

I got a P Bar at 121.19 but the mkt will not go that low.Will only work for the hi.Ha Ha

I also saw that, but then it magically disappeared for me, as if nobody should have seen that dirty little secret.

I'm going to start trading a tiny amount on all pbar activities (including those that magically disappear) and see how much % profit I end up making.

In all honesty, I wouldn't be surprised if we tag 121.19 hehe

The only thing I can find on P bar is on this site...I am using the search function to back test these P bars...and so far they are pretty accurate!

[Rezito]

H&S? or a fast move to 1260...

i say a move to 1240ish and then the drop Cobra is looking for to 950-1000 range.

[stucap]

Did you guys realize SPY is touching ma(50) @ daily ??

Resistance is expected here.

Next stop could be ma(200) SPY 127, but i doubt it will be reached this year.

Didn't note the SPY 50 --- been waiting on the SPX 50 --- my bad

[laoguo]

Just notice a p-bar on AAPL 425.56, any one

[99er]

Updates

Copper http://99ercharts.blogspot.com/2011/09/copper_20.html
Crude http://99ercharts.blogspot.com/2011/09/crude_20.html

[jarbo456]

pretty established channel...guess the market is waiting to start the fireworks at the end of the day...

[99er]

Updates

Gold http://99ercharts.blogspot.com/2011/09/gold_20.html
Silver http://99ercharts.blogspot.com/2011/09/silver_20.html
30-Year http://99ercharts.blogspot.com/2011/09/30y_20.html

[j1900q]

This kind of action used to eat me alive. Now I watch from the sidelines and laugh, as my money was made this morning.

[ramram]

How about a 2pm FOMC rally to 1245 SPX - 113 of the 1230 prior high, and then a hard selloff into the close.?

[Cobra]

info only, iwm and rsp are a little weaker, so the rally is due to heavy weighted stocks.

[uempel]

Did you guys realize SPY is touching ma(50) @ daily ??

Resistance is expected here.

Next stop could be ma(200) SPY 127, but i doubt it will be reached this year.

Some more resistance here, close-up of a long term chart. But if the red Fib Fan is broken 1270/80 is not that far away.

[agnosia]

against all odds i am short this market ... stop 1215. avg price is 1212...

try squeezing me now

[KENA]

Anyone for 5 tries??????