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Re: 04/18/2011 Intraday Watering

Posted: Mon Apr 18, 2011 9:43 am
by cletus
Breakdown in GOOG. Target $150. Bear market confirmed. But, it's so close to the trendline that you might need to give it a week.

Re: 04/18/2011 Intraday Watering

Posted: Mon Apr 18, 2011 9:46 am
by agnosia
there is gap support @ /es 1292.

Re: 04/18/2011 Intraday Watering

Posted: Mon Apr 18, 2011 9:49 am
by 99er

Re: 04/18/2011 Intraday Watering

Posted: Mon Apr 18, 2011 9:50 am
by agnosia
also just want to mention the bid/ask is very THIN today on the /es.. well below normal so we could see very erratic pricing here.

Re: 04/18/2011 Intraday Watering

Posted: Mon Apr 18, 2011 9:55 am
by 99er

Re: 04/18/2011 Intraday Watering

Posted: Mon Apr 18, 2011 9:56 am
by biotrader
cletus wrote:Breakdown in GOOG. Target $150. Bear market confirmed. But, it's so close to the trendline that you might need to give it a week.
$150? LOL

Re: 04/18/2011 Intraday Watering

Posted: Mon Apr 18, 2011 9:58 am
by BullBear52x
GM, more room to the down side.

I have to be humble, no moon walk.

Re: 04/18/2011 Intraday Watering

Posted: Mon Apr 18, 2011 9:59 am
by 99er
(Reuters) - Standard & Poor's on Monday downgraded its credit outlook for the United States, citing a "material risk" that policymakers may not reach agreement on a plan trim its large budget deficit.

Re: 04/18/2011 Intraday Watering

Posted: Mon Apr 18, 2011 10:00 am
by Cobra
ES holds well, but NQ had breakdown decisively.

Re: 04/18/2011 Intraday Watering

Posted: Mon Apr 18, 2011 10:07 am
by 99er
ES and ZB
Heckuva job, Ben.
http://99ercharts.blogspot.com/2011/04/es-zb_18.html
He's probably shitting his pants right now.

Re: 04/18/2011 Intraday Watering

Posted: Mon Apr 18, 2011 10:08 am
by agnosia
my next support for the /es is at 1284 ( the 100 day moving average ) . looks quite ugly today, gonna watch from the bleachers. gap at /es 1292 breached.

Re: 04/18/2011 Intraday Watering

Posted: Mon Apr 18, 2011 10:11 am
by starix
uempel's weekend chart really rocks.

Re: 04/18/2011 Intraday Watering

Posted: Mon Apr 18, 2011 10:17 am
by jamesmith
hopefully not another reversal day

Re: 04/18/2011 Intraday Watering

Posted: Mon Apr 18, 2011 10:20 am
by Me XMan
WHAT'S HAPPENING???

Re: 04/18/2011 Intraday Watering

Posted: Mon Apr 18, 2011 10:21 am
by uempel
starix wrote:uempel's weekend chart really rocks.
Thank you! Short term there might be a bounce at around 1290:
SPXhourly.png

Re: 04/18/2011 Intraday Watering

Posted: Mon Apr 18, 2011 10:21 am
by Me XMan
Uncle Benny has Depends on.
99er wrote:ES and ZB
Heckuva job, Ben.
http://99ercharts.blogspot.com/2011/04/es-zb_18.html
He's probably shitting his pants right now.

Re: 04/18/2011 Intraday Watering

Posted: Mon Apr 18, 2011 10:23 am
by uempel
99er wrote:(Reuters) - Standard & Poor's on Monday downgraded its credit outlook for the United States, citing a "material risk" that policymakers may not reach agreement on a plan trim its large budget deficit.
Well, the cat was not black (as I said), but dead (as you suggested...)

Re: 04/18/2011 Intraday Watering

Posted: Mon Apr 18, 2011 10:24 am
by StrikePrice
Overshot support trendline but now moving back into new channel with previous support as resistance.

Welcome to summer 2010 all over again.

Re: 04/18/2011 Intraday Watering

Posted: Mon Apr 18, 2011 10:25 am
by maldini
look at SDS, typical trend behavior : hit the stop on H1 and then go higher

Re: 04/18/2011 Intraday Watering

Posted: Mon Apr 18, 2011 10:37 am
by lqiantobe
corba~ any 2nd leg down?