09/09/2011 Intraday Watering

[99er]

And so what says Dr. Copper?
HG http://99ercharts.blogspot.com/2011/09/copper_09.html

So much for the Patriotic Rally.

[Cobra]

Flat open, so any gap will be filled. The Global ES looks like a Bull Flag, and I don't see any bear strength on this 2 legged pullback so the chart doesn't look bearish to me yet. Plus we might have the 911 patriotic rally today.

Except this time we have an actual terrorist threat. It's a bit trickier this time -- would people want to hold stocks through the 911 weekend?

What is the news, I do not know anything, what sort of threat?

yeah, what happened? I thought it was BOA to cut 40,000 jobs but this is old news, everyone knows...

[agnosia]

What is the news, I do not know anything, what sort of threat?

this has to do with europe.

[ClarkW]

Good morning

The Euro plunges like a stone and what happens with GOLD?

down -2.5% in minutes...

http://img718.imageshack.us/img718/8449 ... lation.png

probably due to CME raising margin requirements...

it's the wild west out there, be careful

This is part of the reason why I'm in DZZ. We have their playbook from raising margin requirements on silver earlier in the year. Remember they raised margin requirements multiple times to stop the parabolic move. If gold doesn't go down I feel they will continue to raise margins on gold as well....

[shumushu]

http://www.zerohedge.com/news/market-ch ... er-weekend

[Cobra]

the open. It's too stretched, so got to be a rebound of some kind, then we'll see.

[BullBear52x]

Line in the sand, not good trades under my line in the sand now.

[99er]

Honey...let's take the day off.
AUDJPY http://99ercharts.blogspot.com/2011/09/audjpy_09.html

What for?

Guess.

[gabor]

What is the news, I do not know anything, what sort of threat?

this has to do with europe.

I see, may be I have an "economic joke agnosia".

[asifdeputy]

Hi all,

1st time post. Markets falling due to market chatter about greece defaulting over the weekend.

[99er]

Has Tabby been here?
SPX http://99ercharts.blogspot.com/2011/09/spx_09.html

Vroom vroom.

[BullBear52x]

OK gap filled, what's next?

[Grizzly]

Last night, there was news of a 'credible' terrorist threat to NY or DC... alert is up for car bombs.

[Mongoose]

What is the news, I do not know anything, what sort of threat?

this has to do with europe.

I see, may be I have an "economic joke agnosia".

European banks.

[BullBear52x]

my next target, very obvious one.

[barbaragull]

Wow, terrorist throw all their funds to short the market

[Tabby]

Has Tabby been here?
SPX http://99ercharts.blogspot.com/2011/09/spx_09.html

Vroom vroom.

I have no idea what Vroom is. You have too many codes.
10-99er

[The Hook]

TXN green after warning...bullish.

[gabor]

Let me summarize the reasons of falling, that I have learned recently:

1. Real terrorist threat in NY and DC
2. EU in general
3. EU Banks
4. Greece will default in the weekend.
5. GAP filling

[Cobra]

still think there should be a rebound of some kind at least a consolidation here, then we'll see.