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Re: 10/20/2011 Intraday Watering
Posted: Thu Oct 20, 2011 12:55 pm
by Dow Trader
MrMiyagi wrote:Why are most of you selling your SPY/short/puts?
Because this pattern may playout and have to lock some profit here and reduce ( not all ) some of the risk.
It is good after this nice profit to wait for more clear signal
also we have 2 legs down as you can see
at least this is my view
Re: 10/20/2011 Intraday Watering
Posted: Thu Oct 20, 2011 12:56 pm
by champix
agnosia wrote:tdo722 wrote:anyone buying long here?
i shorted 85 crude.
Same for me, but price action is not with us... will see ...
Re: 10/20/2011 Intraday Watering
Posted: Thu Oct 20, 2011 12:58 pm
by BullBear52x
tdo722 wrote:BullBear52x wrote:tdo722 wrote:anyone buying long here?
My speed. watch 200ma on 1min chart if it's buyable, not now no way.
I assume it's SMA?
Yes, I am not a fan of EMA, if you use TOS I favore Moving AverageTrianglar to smooth things out further.
Re: 10/20/2011 Intraday Watering
Posted: Thu Oct 20, 2011 12:58 pm
by agnosia
damn stopped out even. done for today, my mojo is off.
Re: 10/20/2011 Intraday Watering
Posted: Thu Oct 20, 2011 12:58 pm
by Petsamo
Looks like we have a rally, fellas.
Re: 10/20/2011 Intraday Watering
Posted: Thu Oct 20, 2011 12:59 pm
by MrMiyagi
Dow Trader wrote:
Because this pattern may playout and have to lock some profit here and reduce ( not all ) some of the risk.
It is good after this nice profit to wait for more clear signal
also we have 2 legs down as you can see
at least this is my view
Thanks Dow Trader.
Re: 10/20/2011 Intraday Watering
Posted: Thu Oct 20, 2011 12:59 pm
by Cobra
very strong bull bar, game over for bears?
Re: 10/20/2011 Intraday Watering
Posted: Thu Oct 20, 2011 1:00 pm
by tdo722
Cobra wrote:very strong bull bar, game over for bears?
Is this a signal for going long master?
Re: 10/20/2011 Intraday Watering
Posted: Thu Oct 20, 2011 1:02 pm
by Cobra
well, at least I'm right about consecutive red bars. on the other hand, bulls can have as many as consecutive green bars as they like. this world never is fair, be a bear is a tough job.
Re: 10/20/2011 Intraday Watering
Posted: Thu Oct 20, 2011 1:02 pm
by jarbo456
Cobra wrote:very strong bull bar, game over for bears?
very odd to be so bullish with a fairly important announcement due out at 1:30. unless.....someone already knows that it's going to be good news?
Re: 10/20/2011 Intraday Watering
Posted: Thu Oct 20, 2011 1:03 pm
by DRL
XLF moving averages on verge of all 3 ST averages pointing up. It is lso out of its DT channel.
Suggest bump up in SPY.
Re: 10/20/2011 Intraday Watering
Posted: Thu Oct 20, 2011 1:04 pm
by vats
agnosia wrote:tdo722 wrote:anyone buying long here?
i shorted 85 crude.
Yes, I have been short on USO at 34 and I would like to see at 32...
Re: 10/20/2011 Intraday Watering
Posted: Thu Oct 20, 2011 1:04 pm
by silicon_beaver
it's lunch time. bull's attack is too early.
bear will pull it back.
market has proved an efficient attack should start before close, 15 ~ 30 min, time frame. otherwise, high cost.
Re: 10/20/2011 Intraday Watering
Posted: Thu Oct 20, 2011 1:05 pm
by agnosia
Cobra wrote:well, at least I'm right about consecutive red bars. on the other hand, bulls can have as many as consecutive green bars as they like. this world never is fair, be a bear is a tough job.
great call on that one cobra.
Re: 10/20/2011 Intraday Watering
Posted: Thu Oct 20, 2011 1:05 pm
by tdo722
Target 124.50 to 125.77
Re: 10/20/2011 Intraday Watering
Posted: Thu Oct 20, 2011 1:06 pm
by stockcycle
It may be a reversal (Buying signal) if SPX breakout the 1207.
Re: 10/20/2011 Intraday Watering
Posted: Thu Oct 20, 2011 1:08 pm
by Cobra
resistance plus volume surge, but bears need pray...
Re: 10/20/2011 Intraday Watering
Posted: Thu Oct 20, 2011 1:09 pm
by silicon_beaver
switching into bear camp. to load FAZ
Re: 10/20/2011 Intraday Watering
Posted: Thu Oct 20, 2011 1:09 pm
by jarbo456
hmmmm....there some support, but not nearly enough in /cl, euro, /dx, TLT, and or even TVIX to have me convinced yet.
SPY spiked up to it's 10am levels, but all the above instruments are far off their 10am levels.
Re: 10/20/2011 Intraday Watering
Posted: Thu Oct 20, 2011 1:10 pm
by tdo722
anyone going long yet? i want to join.
