08/04/2011 Intraday Watering

[agnosia]

ok guys i am entering a limit buy order for /es 1188, hoping for a flash crash

[cougar]

WOW, Agnosia! OIL: amazing!

it's bringing the market down with it.... XLE down over 6% !!

Yes, but we can consider the next support levels for SPX...here, on a weekly chart: 1204.5 (very close) and 1151..

[Cobra]

very good. need the next bar to follow-through of course.

[rpccharts]

3 SOLAR FLARES HEADED TO EARTH ALERT ALERT ALERT - May short out Communications... SELL RISK ASSETS

http://www.spaceweather.com

Moving at an estimated speed of 1950 km/s, this CME is expected to sweep up two earlier CMEs already en route. Analysts at the GSFC Space Weather Lab say the combined cloud should reach Earth on August 5th at 13:55 UT plus or minus 7 hours: "The impact on Earth is likely to be major. The estimated maximum geomagnetic activity index level Kp is 7 (Kp ranges from 0 - 9). The flanks of the CME may also impact STEREO A, Mars and Mercury/MESSENGER." High-latitude sky watchers should be alert for auroras.

[Me XMan]

I'm in fetal position...anyone going long yet?

[Cobra]

the bottom line, either make that number above 35 or another green hammer today, then bulls still have hopes. may the force be with bulls!

[proteus46]

One more leg down ... post 3 PM? I'm waiting until the jobs report. glta

[seeyou]

ZSL has topped out .. a short bottom in Silver..... a market rally into close

[STC]

the bottom line, either make that number above 35 or another green hammer today, then bulls still have hopes. may the force be with bulls!

Cobra, what is the statistics for the NYUPV:NYDNV above 35?

[agnosia]

I'm in fetal position...anyone going long yet?

i am long 1212.. the bottom is in for today i think

[cougar]

very good. need the next bar to follow-through of course.

Very good call Cobra predicting one more down...well before it happened...
Helped me a lot!

[yellowreign]

the bottom line, either make that number above 35 or another green hammer today, then bulls still have hopes. may the force be with bulls!

i'm praying to yoda right now.

[Cobra]

One more leg down ... post 3 PM? I'm waiting until the jobs report. glta

a little tricky for the 3rd leg down though as maybe already 3 (just maybe), if so, the 3rd leg may not make a lower low.

[Anaconda]

ZSL has topped out .. a short bottom in Silver..... a market rally into close

Maybe. But, I'm thinking margin calls = need to sell assets. Only healthy assets are precious metals/commodities. So, liquidity means selling both. I anticipate a lot more selling. Of course, being short, I'm a little biased. But, so goes the logic.

GL.
A

[Cobra]

the bottom line, either make that number above 35 or another green hammer today, then bulls still have hopes. may the force be with bulls!

Cobra, what is the statistics for the NYUPV:NYDNV above 35?

check my public chart book:http://stockcharts.com/def/servlet/Favo ... 47]&disp=P

I have more visits than Walker, cannot believe he beats in public chart book visits. guess that's because I post my chart directly in my report.

[Klarisskin]

Sold all my ultra-short ETFs, VXX and SPY puts, and bought September SPY calls. I know the [dead cat] bounce is near. The question is how long till it comes.

[agnosia]

Yes, but we can consider the next support levels for SPX...here, on a weekly chart: 1204.5 (very close) and 1151..

i am 95% certain the bottom is in today though. good levels for future reference ..

[Cobra]

pullback from initial resistances. key time, the feeling is there's a 3rd leg down but might not make a lower low, let's see.

[davros]

aud/usd is collapsing, just broke 1.05, it faked out that little rally in spx then, didn't participate at all

[fuddleduddle]

Anyone else putting in those 19.99% down buy limits on the S&P?