03/30/2011 Intraday Watering

uempel · Post by **uempel** » Wed Mar 30, 2011 9:44 am

All about resistances:

http://stockcharts.com/h-sc/ui?s=$SPX&p ... &listNum=3

And Cobra, how's your Egyptian brother, still in hiding?

Post by **Cobra** » Wed Mar 30, 2011 9:52 am

uempel wrote:All about resistances:

http://stockcharts.com/h-sc/ui?s=$SPX&p ... &listNum=3

And Cobra, how's your Egyptian brother, still in hiding?

I called him last night, left a message to his secretary. Hopefully he's fine. He always says that you human are evil inside unlike we cobra only appear evil outside but inside we're beautiful.

X!nG · Post by **X!nG** » Wed Mar 30, 2011 9:57 am

Hi all...

Post by **Cobra** » Wed Mar 30, 2011 10:01 am

Nice H1 up. If you look at 1 min chart, you'll see a nice Double bottom there. Bulls certainly get a good start.

X!nG · Post by **X!nG** » Wed Mar 30, 2011 10:02 am

My first try of posting charts here,

Hope it works...

Post by **Cobra** » Wed Mar 30, 2011 10:02 am

X!nG wrote:Hi all...

Welcome our star. You can post in Chinese in other thread if you like as in this way, you don't have to rewrite your report.

Post by **Cobra** » Wed Mar 30, 2011 10:03 am

X!nG wrote:My first try of posting charts here,

Hope it works...

The problem about your counting is wave 3 is the shortest which shouldn't be according to the traditional wave rule.

jamesmith · Post by **jamesmith** » Wed Mar 30, 2011 10:05 am

X!nG wrote:Hi all...

hello :D

X!nG · Post by **X!nG** » Wed Mar 30, 2011 10:09 am

Cobra wrote:
X!nG wrote:My first try of posting charts here,

Hope it works...
The problem about your counting is wave 3 is the shortest which shouldn't be according to the traditional wave rule.

I knew people would have criticized my count with regards to the length of wave 3...

thelefteyeguy · Post by **thelefteyeguy** » Wed Mar 30, 2011 10:10 am

Cobra wrote:
X!nG wrote:My first try of posting charts here,

Hope it works...
The problem about your counting is wave 3 is the shortest which shouldn't be according to the traditional wave rule.

correct, i think most counters (ie Pug @pugcharts) are considering xing's "5" as the "3"...

mlif · Post by **mlif** » Wed Mar 30, 2011 10:10 am

X!nG wrote:Hi all...

Star is here! So BUYBUYBUY

BullBear52x · Post by **BullBear52x** » Wed Mar 30, 2011 10:11 am

No shares available to short SSO has to go with SDS.

uempel · Post by **uempel** » Wed Mar 30, 2011 10:11 am

Looking at the rhomboid grid:

thelefteyeguy · Post by **thelefteyeguy** » Wed Mar 30, 2011 10:16 am

thanks...looking for 1330 too...

DCS · Post by **DCS** » Wed Mar 30, 2011 10:17 am

I pulled my stops and I'm still in it.

Not having much fun tho.

Would love to see some weakness somewhere.

Isn't it fun when you go from confident bear to hoping for any kind of pullback so you can salvage something?

I'm gonna hang in there a bit...

Somebody say something encouraging please.

Post by **Cobra** » Wed Mar 30, 2011 10:21 am

DCS wrote:I pulled my stops and I'm still in it.

Not having much fun tho.

Would love to see some weakness somewhere.

Isn't it fun when you go from confident bear to hoping for any kind of pullback so you can salvage something?

I'm gonna hang in there a bit...

Somebody say something encouraging please.

Hmm, you don't sound like need encouragement.

JJL · Post by **JJL** » Wed Mar 30, 2011 10:23 am

DCS,
Usually, there is weaknes/pullback s in the market in the 10:30-11 am time frame, before rallying.

The same happens at 3:30 in the afternoon: the market usually gaps up or down, but usually in the opposite direction of the market close.

I trade the ES and Dow futures, and shorted around 10am this morning, and the trade is currently holding.

BullBear52x · Post by **BullBear52x** » Wed Mar 30, 2011 10:24 am

DCS wrote:I pulled my stops and I'm still in it.

Not having much fun tho.

Would love to see some weakness somewhere.

Isn't it fun when you go from confident bear to hoping for any kind of pullback so you can salvage something?

I'm gonna hang in there a bit...

Somebody say something encouraging please.

Here you go, daily chart here. I don't trust this run up, but will not short it blinly. got to be quick and fast.

DCS · Post by **DCS** » Wed Mar 30, 2011 10:24 am

Cobra wrote:Hmm, you don't sound like need encouragement.

?

I got nothing to do but watch, so I'll bite...

whassat mean?

KENA · Post by **KENA** » Wed Mar 30, 2011 10:25 am

Getting ready to sell the protective call on spy. May hold the put that I have and buy a better new entry. I am waiting.

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03/30/2011 Intraday Watering

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