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10/20/2011 Intraday Watering

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mac769
Posts: 183
Joined: Thu Jun 23, 2011 9:27 am

Re: 10/20/2011 Intraday Watering

Post by mac769 »

stucap wrote:
trader0303 wrote:Jesus that was insane open move....
something going on with the euro.......
The firebrigade (EU-Fin-Ministers) on duty:

Fire Brigade Joke

A fireman is working on the engine outside the station when he notices a little girl next door in a little red wagon with little ladders hung off the side and
a garden hose tightly coiled in the middle.

The girl is wearing a fireman's helmet and has the wagon tied to a dog and a cat.

The fireman walks over to take a closer look.

"That sure is a nice fire truck," the fireman says with admiration.

"Thanks," the girl says.

The fireman looks a little closer and notices the girl has tied the wagon to the dog's collar and to the cat's testicles.

"Little partner," The fireman says: "I don't want to tell you how to run
your fire truck, but if you were to tie that rope around the cat's collar, I think he could pull more."

The little girl replied: "You're probably right, sir, but then I wouldn't have a siren."
simpletrader
Posts: 176
Joined: Tue Feb 15, 2011 10:24 am

Re: 10/20/2011 Intraday Watering

Post by simpletrader »

wait for 10:00 report to determine the direction
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KENA
Posts: 2996
Joined: Tue Feb 15, 2011 1:54 pm

Re: 10/20/2011 Intraday Watering

Post by KENA »

Watch UTIL,Retail,and Trans..They are still green.Need to turn red for good dn move.
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GreedyKojiro
Posts: 141
Joined: Thu Oct 13, 2011 6:21 pm
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Re: 10/20/2011 Intraday Watering

Post by GreedyKojiro »

I have a feeling that bulls will win today eventually... Will be closing my TVIX at $65.5... will be reloading ERX...
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jarbo456
Posts: 2218
Joined: Wed Aug 10, 2011 9:19 am
Location: New York, NY

Re: 10/20/2011 Intraday Watering

Post by jarbo456 »

bears should be careful here. if the philly fed surprises to the upside, then there's a chance technicians will use this as a chance to rebound off a double bottom formation. on the reverse if it surprises to the downside, then it should be enough to solidify a breakout.

other news includes leading indicators and existing home sales. all due out at 10am EST.
stockcycle
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Joined: Fri May 20, 2011 6:31 am
Location: Vietnam
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Re: 10/20/2011 Intraday Watering

Post by stockcycle »

Buying the pullback/legs-down may be my game setting today.
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BullBear52x
Posts: 29616
Joined: Tue Feb 22, 2011 3:47 pm

Re: 10/20/2011 Intraday Watering

Post by BullBear52x »

Let me repeat IF we are going to run into another recession the small cap will hurt the most. well IWM shows some signs of that now.
My comments are for entertainment/educational purpose only. NOT a trade advice.
stucap
Posts: 994
Joined: Thu Jul 14, 2011 12:25 pm

Re: 10/20/2011 Intraday Watering

Post by stucap »

GreedyKojiro wrote:I have a feeling that bulls will win today eventually... Will be closing my TVIX at $65.5... will be reloading ERX...
bears look a little too cautious for my liking right now....

defending resistance only goes so far, must crush support too!
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GreedyKojiro
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Re: 10/20/2011 Intraday Watering

Post by GreedyKojiro »

GreedyKojiro wrote:I have a feeling that bulls will win today eventually... Will be closing my TVIX at $65.5... will be reloading ERX...
TVIX SOLD! Watching ERX...
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jarbo456
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Location: New York, NY

Re: 10/20/2011 Intraday Watering

Post by jarbo456 »

BullBear52x wrote:Let me repeat IF we are going to run into another recession the small cap will hurt the most. well IWM shows some signs of that now.
iwm has definitely been leading this morning. my IWM puts are surely outperforming my SPY puts today so far.
stucap
Posts: 994
Joined: Thu Jul 14, 2011 12:25 pm

Re: 10/20/2011 Intraday Watering

Post by stucap »

stockcycle wrote:Buying the pullback/legs-down may be my game setting today.
any tips on how to effectively buy pullbacks?
tdo722
Posts: 953
Joined: Wed Oct 05, 2011 3:19 pm

Re: 10/20/2011 Intraday Watering

Post by tdo722 »

BullBear52x wrote:GM,
a look at financial, I use XLF as a talking point. see number noted on chart.
1. MA195/200 broke.
2. Sell signal triggered.
3. Sell confirmed.....well turned out to be a bear trap.
4. Retest broken trend line and double top at the same time.

My read, XLF is in short term consolidation phase, to be or not to be I will pay attention to break out or break down 12.97/12.26 zone. why this importance? I believe the move in financial will lead the tells of the future of SPX or the market in near future. What say you?
USD made a new high today compares with yesterday.
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Al_Dente
Posts: 28535
Joined: Thu Jul 21, 2011 2:29 pm

Re: 10/20/2011 Intraday Watering

Post by Al_Dente »

mac769 wrote:Good morning all

Rumour driven market on the verge of collapsing lower
<script src='http://img443.imageshack.us/shareable/? ... u.png&p=tl' type='text/javascript'></script><noscript>Image</noscript>
TEDDY BEAR !!!! good morning
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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EFA
Posts: 84
Joined: Thu Oct 06, 2011 9:47 am

Re: 10/20/2011 Intraday Watering

Post by EFA »

jarbo456 wrote:
BullBear52x wrote:Let me repeat IF we are going to run into another recession the small cap will hurt the most. well IWM shows some signs of that now.
iwm has definitely been leading this morning. my IWM puts are surely outperforming my SPY puts today so far.
Do you mind sharing which Puts you have on IWM?
Thanks
tdo722
Posts: 953
Joined: Wed Oct 05, 2011 3:19 pm

Re: 10/20/2011 Intraday Watering

Post by tdo722 »

GreedyKojiro wrote:I have a feeling that bulls will win today eventually... Will be closing my TVIX at $65.5... will be reloading ERX...

haha, u can't be a trader and have emotion.
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silicon_beaver
Posts: 524
Joined: Wed Feb 23, 2011 4:09 pm
Location: Beaverton OR

Re: 10/20/2011 Intraday Watering

Post by silicon_beaver »

My 1st lot of FAZ exit. 51.76.

FAS weak but SPY look fighting hard. FAZ position vulnerable.
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waverider
Posts: 863
Joined: Thu Aug 18, 2011 4:24 pm

Re: 10/20/2011 Intraday Watering

Post by waverider »

philly fed highest since april 2011
"The only way to get a real education in the market is to invest cash, track your trade, and study your mistakes"

-Jesse Livermore
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silicon_beaver
Posts: 524
Joined: Wed Feb 23, 2011 4:09 pm
Location: Beaverton OR

Re: 10/20/2011 Intraday Watering

Post by silicon_beaver »

Woo. what's happening?
stucap
Posts: 994
Joined: Thu Jul 14, 2011 12:25 pm

Re: 10/20/2011 Intraday Watering

Post by stucap »

waverider wrote:philly fed highest since april 2011
woo hoo green shoots!
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