12/21/2011 Intraday Watering

[BullBear52x]

Here is the ups and downs of yellow lines, yeap, still rule! and this buy is not counter trend so. let go bulls! up up up and away...

[tdo722]

Here is the ups and downs of yellow lines, yeap, still rule! and this buy is not counter trend so. let go bulls! up up up and away...

I'm telling Santa to just gap up real high so no one be able to buy the dip.

[BullBear52x]

Here is the ups and downs of yellow lines, yeap, still rule! and this buy is not counter trend so. let go bulls! up up up and away...

I'm telling Santa to just gap up real high so no one be able to buy the dip.

No one can buy the dip??? who gonna protect your position you need more buyers

[tdo722]

Here is the ups and downs of yellow lines, yeap, still rule! and this buy is not counter trend so. let go bulls! up up up and away...

I'm telling Santa to just gap up real high so no one be able to buy the dip.

No one can buy the dip??? who gonna protect your position you need more buyers

They will wait for the next dip which is after I sold my position.

[Al_Dente]

Update

DWCF Weekly http://99ercharts.blogspot.com/2011/12/dwcf_21.html

Still showing a lower high and a lower low. Santa?

Something does not add up in my SPY daily chart in past half hour.

Tabby you took that chart down so fast i didn't have time to study it

[Paindu]

Can anyone please look at RIMM and suggest if there any hope for it to rebound or should I sell it now....I bought it in high teens..Thanks

[stucap]

Can anyone please look at RIMM and suggest if there any hope for it to rebound or should I sell it now....I bought it in high teens..Thanks

RIMM is really cheap but, it might stay so for a while. I'm long from around $15. It's overdue for a pop.

[Cobra]

Can anyone please look at RIMM and suggest if there any hope for it to rebound or should I sell it now....I bought it in high teens..Thanks

I don't see bottom yet, so the big trend is down, you should consider sell. The short-term however, I cannot tell whether it will more rebound or the rebound is over yet, so don't know if you should see now.

[q2model]

Can anyone please look at RIMM and suggest if there any hope for it to rebound or should I sell it now....I bought it in high teens..Thanks

I don't see bottom yet, so the big trend is down, you should consider sell. The short-term however, I cannot tell whether it will more rebound or the rebound is over yet, so don't know if you should see now.

The way up is Nokia, Dell or MSFT buy it.

http://online.wsj.com/article/SB1000142 ... 09566.html

[Paindu]

10% up on 14% volume (72mil of 525mil shares traded today) ...does this mean anything technically? Thanks

[BullBear52x]

10% up on 14% volume (72mil of 525mil shares traded today) ...does this mean anything technically? Thanks

Just like Cobra said, time frame is very critical in TA analisys, here's how I see RIMM short term using 10 min. chart : see the first one a failed break out at 18ish and now another try to break out of bottom, this is Bullish, a gap up over 14.8 will be very bullish also known as cluster island reversal. if so, a move to retest 18ish is very real. I will buy here, a trade back below 13.26 (200ma) will be bearish.

[Tabby]

Update

DWCF Weekly http://99ercharts.blogspot.com/2011/12/dwcf_21.html

Still showing a lower high and a lower low. Santa?

Something does not add up in my SPY daily chart in past half hour.

Tabby you took that chart down so fast i didn't have time to study it

Al,
I just didn't want a newbie to panic and sell based on my chart and my question on candlestick. I have been watching the two candle sticks that put in circles from in August and the new one from today. They were both similar patteren and shap for almost the last half of hour of the trading.. I don't know much candlesticks analysis. I only know what is avaiable online information. It was printing spining top black next to a long lower shadow ( bullish). Now it is converted to White candlestick next to spining top white. I just wanted someone who knows confirm it. Then I realize candles were changed . Here is the picture after closing,

http://stockcharts.com/h-sc/ui?s=SPY&p= ... &cmd=print

We should be very close to the top from SPX 1200 before this market pullback.

[BullBear52x]

Dinner chart: I am expecting top testing a top trend line, if failed 116 here we come.