10/20/2011 Intraday Watering

[StrikePrice]

Me: "Hey big shot traders, did you guys just come back from lunch and pull a pump and dump on the retail guys?"

Big Shots: "Can't talk now, going home early."

[tdo722]

damn, forgot to check that bitch TLT.

It has to go below the day low to confirm this rally is real.

[Al_Dente]

yeah, i'm not believing in this rally...just yet. still hanging on to all my spy puts. SPY is leading the way in this rally, and that's always dangerous to follow.

WAY COOL AVATAR
yin/yang, i ching, yes

[ActiveTrader]

Can we say whipsawville? Isn't it great!!!!!

[Unique]

I caught the exact bottom at 12:20

http://postimage.org/image/2mbyrmxfo/full/

Topping out here...zzzzzzzzzz

No fun...

Time to kill the bulls.

Bears got 120.7 in sight. But we're sitting tight on 1min 100sma 120.9. Usually 100sma Bounces on first try, then a retest comes

[tdo722]

fack fack fack, I am back where I started. still down $350.

[waverider]

LISTEN UP SHARKS: The reason why Al can’t turn on a dime is because Al is, let’s spell it out:
T*R*E*N*D F*O*L*L*O … oh never mind, u sharks don’t understand that concept

5m update internals, still on SH because spy couldn’t make higher high, and because u want to decide 4 yourselves (ignore my green/red lines), anything can happen here, esp w Pres Ob speaking, all in hands of shorts right now (as usual)
http://stockcharts.com/h-sc/ui?s=$NYDEC ... =246012600

In the same boat, this range is next to impossible to trade. Don't have settled cash until tomorrow anyway which is a good thing LOL. Is there a three day cash settlement rule for futures trading?

[jarbo456]

damn, forgot to check that bitch TLT.

It has to go below the day low to confirm this rally is real.

exactly.

[EvilTrader]

call me crazy.... retest of Tuesdays highs? with a violent move up in the last hour?

anything is possible.

[Al_Dente]

bulls and bears have equal chances here. we're right back where we've been fighting for over a day now. we tried to go above it, and came down, and we tried to go below it and came back. i'm not overly bearish, but i'm certainly not thinking the bears are done. again, this ramp up was led by SPY, NOT by a decline in /dx, or a huge decline in TLT...etc. etc.

JAR: thermidor lobster for lunch?
http://stockcharts.com/h-sc/ui?s=SPY&p= ... =246007758
breaking news greece has austerity vote

[Roadrunner]

Can we say whipsawville? Isn't it great!!!!!

"whipsawville"

[jarbo456]

bulls and bears have equal chances here. we're right back where we've been fighting for over a day now. we tried to go above it, and came down, and we tried to go below it and came back. i'm not overly bearish, but i'm certainly not thinking the bears are done. again, this ramp up was led by SPY, NOT by a decline in /dx, or a huge decline in TLT...etc. etc.

JAR: thermidor lobster for lunch?
http://stockcharts.com/h-sc/ui?s=SPY&p= ... =246007758
breaking news greece has austerity vote

crazy looking nyad and nydec...oh wait, it looks like yesterday's! lol

[silicon_beaver]

yeah, i'm not believing in this rally...just yet. still hanging on to all my spy puts. SPY is leading the way in this rally, and that's always dangerous to follow.

WAY COOL AVATAR
yin/yang, i ching, yes

Is Korea national flag, right? Is it used for market now? ups and downs

[jarbo456]

yeah, i'm not believing in this rally...just yet. still hanging on to all my spy puts. SPY is leading the way in this rally, and that's always dangerous to follow.

WAY COOL AVATAR
yin/yang, i ching, yes

Is Korea national flag, right? Is it used for market now? ups and downs

hahaha. no. but i couldn't find any other avatar to use as of now - and i was feeling naked without one.

[Al_Dente]

LISTEN UP SHARKS: The reason why Al can’t turn on a dime is because Al is, let’s spell it out:
T*R*E*N*D F*O*L*L*O … oh never mind, u sharks don’t understand that concept
5m update internals, still on SH because spy couldn’t make higher high, and because u want to decide 4 yourselves (ignore my green/red lines), anything can happen here, esp w Pres Ob speaking, all in hands of shorts right now (as usual)
http://stockcharts.com/h-sc/ui?s=$NYDEC ... =246012600

In the same boat, this range is next to impossible to trade. Don't have settled cash until tomorrow anyway which is a good thing LOL. Is there a three day cash settlement rule for futures trading?

Psssssssssssst wavy, don’t tell the others, but pretty shaky boat, start 2 leak, oy

[BullBear52x]

OK here is for T*R*E*N*D FOO

Bearish short on, none stop on recent high. if bears mean business this is it.

[Cobra]

H2 long on EMA20, let's see.

[MrMiyagi]

LISTEN UP SHARKS: The reason why Al can’t turn on a dime is because Al is, let’s spell it out:
T*R*E*N*D F*O*L*L*O … oh never mind, u sharks don’t understand that concept
5m update internals, still on SH because spy couldn’t make higher high, and because u want to decide 4 yourselves (ignore my green/red lines), anything can happen here, esp w Pres Ob speaking, all in hands of shorts right now (as usual)

Perhaps if you explain it a bit because looking at it doesn't tell me much bud.

[silicon_beaver]

90 min more to go, still enough to play, at least, one up then one down.

[Unique]

I caught the exact bottom at 12:20

http://postimage.org/image/2mbyrmxfo/full/

Topping out here...zzzzzzzzzz

No fun...

Time to kill the bulls.

Bears got 120.7 in sight. But we're sitting tight on 1min 100sma 120.9. Usually 100sma Bounces on first try, then a retest comes

Bounced on 1min 100SMA SPY just like expected, let's see if we get that retest and break lower. Come on bears.