11/17/2011 Intraday Watering

[zhyuan04]

well, it's time to check my sharp reversal theory now, we should get the reversal today.

Hi Cobra, can you share what your sharp reversal theory? Why do you think we should get the reversal today?

[zhyuan04]

well, it's time to check my sharp reversal theory now, we should get the reversal today.

Hi Cobra, can you share what your sharp reversal theory? Why do you think we should get the reversal today?

[jarbo456]

normally, this kind of pullback should be 2 legged. Well, I know you can use my this comment as a buy signal.

seemed to work yesterday...

taking one for team bear...

long 1 nov. spy call.

[SB73]

well, it's time to check my sharp reversal theory now, we should get the reversal today.

Cobra to be clear you are expecting a green close today?

[stucap]

Bears roll over again.......it's buy time....

I am actually speechless----bears are so weak......

[PRI]

Lasertrader just noted the formation of a rare English Pointer Pattern on Twitter. He says watch which way the nose goes to gauge the market.
I could not find this pattern in Bulkowski's guide.

[Petsamo]

Philadelphia Fed Survery looks bad. actual = 3.6, expected = 9.0

[GreedyKojiro]

key time: B or C

[jarbo456]

doozy of a philly fed?

Miss: US Philadelphia Fed (Nov) M/M 3.6 vs. Exp. 9.0 (Prev. 8.7)

[pidge66]

normally, this kind of pullback should be 2 legged. Well, I know you can use my this comment as a buy signal.

Could the small bounce near the close yesterday mark the beginning of the 2nd pullback? And now we may be witnessing the 3rd down leg, setting the base for a reversal.

[Tabby]

Lasertrader just noted the formation of a rare English Pointer Pattern on Twitter. He says watch which way the nose goes to gauge the market.
I could not find this pattern in Bulkowski's guide.

This is the best post ever>>>>>>>>>>>>>>:)

[uempel]

Update, next change of direction at the green vertical.

[TWT]

SPX: What if the Triangle is this one :

[Cobra]

well, it's time to check my sharp reversal theory now, we should get the reversal today.

Cobra to be clear you are expecting a green close today?

No, I don't expect a reversal again today, otherwise it'd be too boring, doing this everyday.

[quatzl]

normally, this kind of pullback should be 2 legged. Well, I know you can use my this comment as a buy signal.

seemed to work yesterday...

taking one for team bear...

long 1 nov. spy call.

You and me both. Good luck.

[jarbo456]

just for the bullish crowd...you have to cringe when the WSJ has a headline like this yesterday...right?

[agnosia]

all eyes on XLF ..break below it's falling wedge near 12.55-50 could bring down the indices. i went long at the bottom of the /cl bear flag and 60 ema at 100.50

[BullBear52x]

Hello Traders, we are about to enter the Red light district please behave and bring along protection as much as neccessaty

red-light-district.jpg

spy.JPG

What I think does not mean anything but I don't belive the mkt will breakout dn..To many leaders waiting to break out..Now lets waite and see the direction.

The break down or break up is very subjective to me. what I look for is a tradable strength, if it's in down trend or up trend, I am not in the crash to the bottom or rocket to moon type. it's just easier to trade the trend up/down then sideways. hate side ways, market want to go up then go up or want to go down then be it.

[Cobra]

well, it's time to check my sharp reversal theory now, we should get the reversal today.

Hi Cobra, can you share what your sharp reversal theory? Why do you think we should get the reversal today?

Oh, I mean we shouldn't. Sorry.

[chodaboy19]

Lasertrader just noted the formation of a rare English Pointer Pattern on Twitter. He says watch which way the nose goes to gauge the market.
I could not find this pattern in Bulkowski's guide.

Someone posted something similar last week: LOL

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