03/16/2012 Intraday Watering

[xfradnex]

CNBC- says that there is low volume for triple witching day. Saving ammo for end?

[Petsamo]

FCX is attractive but it's risky if SPY goes on a bear leg

[KeiZai]

Hey, SWalsh, money has always been a tricky business, the more money to gain the more tricks are played.

But I'm here for trading, and not to think about the rights and wrongs of what the gov does, of what the banks do. Looking at myself: I'm very ambivelent about my own trading. I happen to enjoy what I do and it fits nicely into my weekly working pattern. But if I think a bit about my/our activity and apply a strict moral standard: what I/we are doing ain't very beneficial for the country. It's less harmful than playing war games, but it sure does not help improve the economy, provides little added value.

very well said uempel

[BullBear52x]

Scalpers, this is very simple set up if you use TOS. I tried to transfer to stockchart, not so good didn't work out right. last buy at 8:32, for now intraday buy on a negative TRIN day.

[BullBear52x]

SPY Swing sell is on

[Al_Dente]

PAGING Baron von Dots
U posted this TVIX last night on cobras board
download/file.php?id=16579&mode=view
U cut off the symbols so I don’t even kno what I’m looking at....Please re-post with symbols
To thank u in advance, here is yr girlfriend in black leather, oy:
http://www.youtube.com/watch?v=NmU_ANLd ... re=related

TVIX is a buy, it's chart for TVIX, first time ever on TVIX. if I make money I will post what they are.

Baron von Secret
Ok fine then I take back Mariah in black leather, until u learn 2 share and play nice
I’ll just figure it out all by myself
PS: did u read the prospectus like I told u?

[Cobra]

well, looks like it's triangle case, so the bias is up now.

[xfradnex]

FCX is attractive but it's risky if SPY goes on a bear leg

Nice Bowl shape over last week. Closely following CU over year, but not now. Do you expect a snap back.

[OverUnder]

Greetings. I've finally managed to register. Man, those captchas are hard. Been following for a few days and on/off but only a bit before then. I'm a very experienced trader and look forward to particpating here.

[Denali92]

I think the top will be either on Monday or Tuesday morning. Most probably on Monday morning.

Reason:

1)Today will be up, so it will be the 8th up day. according to Fibonacci, it will be down on 9th day.
2)This week will be the 5th week of up, so the sixth week will be down.
3). Bigger picture, this rally has continued 13 weeks, according to Fibonacci number, 14th week should be a major change.
4). Last rally from 1076--1292 was around 215 points. This rally from 1200 to 1415 will be 215 points.
5). Many people has predicated 1425 as the rally pivot.
6) Cobra has this last 100 percent move point to 1426 area, and the bollinger band weekly upper bound is 1428.
so the top should be between 1414 to 1428.
7). Cobra has promised a 2.5% of pull back and it was fulfilled. and he also promised a 6.5% pull back, then 1340 (base)*1.065=1427. So the top pivot should be 1425. it will drop from 1425 to 1340, then from 1340 backtest 1425 again?

Any comments?

Add in the lack of pullback post FOMC is bearish too - See April 2011 and Nov 2010 .... only Jan 2011 recently was a post FOMC rally that lasted more than 2 days that did not create a major top...

AND a Friday high on Quad Witch week is rare and there have been 4 major tops in since 2007 - Jun 2007, Dec 2007, Sep 08 and Sep 11....

So I am in AGREEMENT and I think the BEARS will be so discouraged that Monday or Tuesday should finish them off....

-D

[h2oskier]

Harpa, how did you get the percentage comparison with freestockcharts?

Click on Price (on Tab), select comparisons, you can add any symbol

I know how to do the comparisons. I just do not know how to do a percentage comparison versus a price. Your chart shows the percentage change on the right side as oppose to price.

Select “Show Percent Scale” at the bottom of comparisons tab

I don't have that option (I'm actually using TC2000). Its probably doing it already. I just need to figure out how to change the margin to percent as oppose to price. Thanks for assisting!

[KeiZai]

Care i dont trade options, look at the price of vix puts as a hedge in this neverending bull market it is dirty cheap

For vix readers: http://ciovaccocapital.com/wordpress/in ... uy-signal/

[Cobra]

Greetings. I've finally managed to register. Man, those captchas are hard. Been following for a few days and on/off but only a bit before then. I'm a very experienced trader and look forward to particpating here.

Thanks and welcome aboard!

[KeiZai]

Mels info

[BullBear52x]

PAGING Baron von Dots
U posted this TVIX last night on cobras board
download/file.php?id=16579&mode=view
U cut off the symbols so I don’t even kno what I’m looking at....Please re-post with symbols
To thank u in advance, here is yr girlfriend in black leather, oy:
http://www.youtube.com/watch?v=NmU_ANLd ... re=related

TVIX is a buy, it's chart for TVIX, first time ever on TVIX. if I make money I will post what they are.

Baron von Secret
Ok fine then I take back Mariah in black leather, until u learn 2 share and play nice
I’ll just figure it out all by myself
PS: did u read the prospectus like I told u?

it will cost you 19 songs. it's new and untested, this is the first real money on it. patience senor.

prospectus? what is it say on 9 hours trading?

[Harapa]

I don't have that option (I'm actually using TC2000). Its probably doing it already. I just need to figure out how to change the margin to percent as oppose to price. Thanks for assisting!

[Al_Dente]

HELLLLLLOOOOOOOOOOOO TRIN
What $TRIN y’all lookin' at?
$TRIN IS BULL TODAY its not negative its 0.51 bull (inverted it is 1.47 bull)
http://stockcharts.com/h-sc/ui?s=$TRIN& ... =249247714

[KeiZai]

Okey now it is clear more up

http://www.reuters.com/article/2012/03/ ... JM20120316

[h2oskier]

Mr. Al,
IWM Chart as well as performance looking at ETFs (Canadian based).

iwm.png

Screen Shot 2012-03-16 at 11.38.11 AM.png

etf performance.png

Nice work h2oskier
thnx
Your cool Toronto ETFs are 2 thin 4 me (low volume). I get more traction with SLV and ZSL and other ETFs with 1million++ share volume per day,
but that’s just for scalping, just for intraday, just for me etc…
Keep posting updates please

I have not the faintest clue on how to scalp. To me day trading options on Apple is more than enough risk for my comfort zone right now (I've been burned a few times on TNA calls). HZU is meant for a few month swing trade. Its an easy 2-6X gain when silver starts to move again (over an approximate 6 month period of time).

For those that use TD Waterhouse, we can now use sinkorswim. If you need to transfer funds you simply call up TD who will do the transfer of funds between your bank account and trading account (as oppose to doing it all online). swinkorswim provides futures and many many many many other features that Waterhouse will not or cannot do (including scripting that freestockcharts.com can do). TD anticipates we will have the option to fully use sinkorswim by end of this year as there are a couple of other limitations. The primary one is that you cannot trade canadian stocks at this moment in time. Its not as simple as moving around freestockcharts.com, but I've only been playing with it a couple of days now.

http://www.youtube.com/watch?v=3YfNFR6gh2E&ob=av3n

[h2oskier]

I don't have that option (I'm actually using TC2000). Its probably doing it already. I just need to figure out how to change the margin to percent as oppose to price. Thanks for assisting!

Yea, I don't have that...

No worries. Thanks for trying.

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