11/03/2011 Intraday Watering

[LOSER]

Thank you Cobra.
So hard to play TNA TZA , lost 26%. May be I should quit playing them. Played hundreds of times , always lose.

[CognitiveDissonance]

anyone know the expectations on job numbers tomorrow?

Bookmark this

Thanks

[SB73]

Possible channel here. Looks like breakouts have quickly found there way back into the channel.

[proteus46]

SPY headed to 126.46 before end of day

[jarbo456]

end of day SPY effort to hit some stops. getting no support from other markets, but magically able to make new highs. lol

should be set up for a gap down tomorrow.

[Cobra]

target met again.

[pady]

Here's an Alternate Wave count that is good for Cobra's call of a higher high, which I didn't knock him on. We're still in Wave A (a Leading Diagonal) and now in Wave 5 (an Ending Diagonal).Overlapping waves are so damn tricky.

Good option. But then this makes it an impulse. Which means we just finish A at 1300, then a B down to say 1150 and a huge impulse C left next year ? That just doesnt match the mood in the markets.

[Al_Dente]

....loved amy

loved amy too
do you note a change at about 1:45 today?

Hi apple. not sure what 1:45 was? This covering is relentless…. (nyadv did not yet confirm this new high….not yet)

[PS: Nice one Uempel, love her live]
For all other Amy fans… If you’ve seen Tony’s promos for his new album…. He said (paraphrased) “She was the real deal, like Ella, like Billie, she had it all right there, BIG time…”
http://www.youtube.com/watch?v=_OFMkCeP6ok&ob=av2e

[pady]

1263 hit.

[Cobra]

here's our new target. again the sky is the only limit.

[zipper]

for what its worth I think the bulls slaughted the evil bears today.......

[tdo722]

confirmed 100% this is an impulse wave up to go to es 1289.25 and beyond, just by looking at macd values. I repeat this is not a corrective wave for the decline from es 1289 to es 1208.

I am waiting for a pull back so I can jump on board. damn it, missed the uptrain again.

[Cobra]

some resistances here.

[zipper]

While many of you wont believe in it which is fine I dont want you too..I knew this was coming 2 days ago..take a look at this blog I found.the guys say monday will be a disaster....hmmm bears have hope

[Tabby]

Hi Cobra and anyone:
The price of TNA and TZA up down proportion are often a difference of 0.2-0.5 percent . When TZA down it down more percentage than TNA's up. How do they compare to IWM , I know it is 3 times of IWM , do MMs of TNA TZA IWM interact to each other? Do IWM RUT price actually reflect the Russel 2000 stock's price?

To explain this requires lots of typing, you can search online, lots of discussion there. In short, TNA/TZA do match IWM just they cannot be strictly match especially when the trend is against the fund, they tend to drop more.

IWM mostly reflects the RUT.

Loser,
I have a little time to explain.
TZA and TNA follow $RUT Index.
These are just examples;
$RUT is up 3% so 3x bull etf TNA should be up 3x3% and 3x bear etf TZA should be down by 3x3%. 4RUT up, TNA is up, RUT down then TZA is up. ( look at the % up or down {not actual number} from $RUT and calculate the TNA and TZA.)
so;
TNA is $40 therefore %9 up would be $3.6
TZA is $20 therefore 9% down would be negative $1.80

[BullBear52x]

Wow you guys are so chatty, Who said Neg D doesn't work? watch this.

[waverider]

anyone know the expectations on job numbers tomorrow?

Bookmark this

Thanks

Thanks for the link Petsamo!

[pady]

While many of you wont believe in it which is fine I dont want you too..I knew this was coming 2 days ago..take a look at this blog I found.the guys say monday will be a disaster....hmmm bears have hope

Which blog ?

[SB73]

I remember the last tick by tick rallies that never seemed liked they would end and then all of a sudden (lately via overnight gap).

[zipper]

http://derivativesfishing.blogspot.com

take a look guy I think might assist in your trading