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11/22/2011 Intraday Watering

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wishful
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Joined: Fri Apr 29, 2011 4:09 pm

Re: 11/22/2011 Intraday Watering

Post by wishful »

Cobra wrote:testing the support. key time. doesn't look good for bulls though as this looks like a continuation pattern.
IWM/$RUT already LL
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Al_Dente
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Re: 11/22/2011 Intraday Watering

Post by Al_Dente »

PAGING Baron von BullBear52x
We need your charts here….. please?

“When you come right down to it, all you have is yourself. Yourself is a sun with a thousand fires in your belly. The rest is nothing.” [Pablo Picasso]
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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BullBear52x
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Re: 11/22/2011 Intraday Watering

Post by BullBear52x »

Bulls has no chance until this little channel breaks out once more.
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My comments are for entertainment/educational purpose only. NOT a trade advice.
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BullBear52x
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Re: 11/22/2011 Intraday Watering

Post by BullBear52x »

internal is belong to bears, 15 min. from here will see if the buyers stepping in to save the fall, tick looks a little better now but not much, bears marching on so far.
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Me XMan
Posts: 2014
Joined: Thu Feb 17, 2011 12:01 pm

Re: 11/22/2011 Intraday Watering

Post by Me XMan »

You've got any positions open? long, short?
BullBear52x wrote:internal is belong to bears, 15 min. from here will see if the buyers stepping in to save the fall, tick looks a little better now but not much, bears marching on so far.
uempel
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Joined: Tue Feb 15, 2011 6:38 am

Re: 11/22/2011 Intraday Watering

Post by uempel »

Staying above 1200 and 1170 is essential for the bulls. If SPX can't break back to the upside and 1170 fails the market goes down hard, and the bulls know it. I don't think 1170 will be given up easily.
LT.png
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BullBear52x
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Re: 11/22/2011 Intraday Watering

Post by BullBear52x »

Me XMan wrote:You've got any positions open? long, short?
BullBear52x wrote:internal is belong to bears, 15 min. from here will see if the buyers stepping in to save the fall, tick looks a little better now but not much, bears marching on so far.
only my original left over 20% shorts. short etfs. TZA TYP SRS
My comments are for entertainment/educational purpose only. NOT a trade advice.
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HighRev
Posts: 78
Joined: Tue Oct 11, 2011 3:55 pm

Re: 11/22/2011 Intraday Watering

Post by HighRev »

61.8% failure on BKX.

Leading the way?
chodaboy19
Posts: 42
Joined: Tue Sep 20, 2011 3:03 pm

Re: 11/22/2011 Intraday Watering

Post by chodaboy19 »

Will it bounce a bit after Europe closes?
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Me XMan
Posts: 2014
Joined: Thu Feb 17, 2011 12:01 pm

Re: 11/22/2011 Intraday Watering

Post by Me XMan »

Gonna go long SPY now. Testing 1200 is the key for bulls.
BullBear52x wrote:
Me XMan wrote:You've got any positions open? long, short?
BullBear52x wrote:internal is belong to bears, 15 min. from here will see if the buyers stepping in to save the fall, tick looks a little better now but not much, bears marching on so far.
only my original left over 20% shorts. short etfs. TZA TYP SRS
wayne0708
Posts: 815
Joined: Sat Sep 03, 2011 6:37 am

Re: 11/22/2011 Intraday Watering

Post by wayne0708 »

Cobra: lower low was achieved. If 50% level holds today, do you expect seasonality bullish reversal for tomorrow and Wednesday, or Friday?
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BullBear52x
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Joined: Tue Feb 22, 2011 3:47 pm

Re: 11/22/2011 Intraday Watering

Post by BullBear52x »

Me XMan wrote:Gonna go long SPY now. Testing 1200 is the key for bulls.
BullBear52x wrote:
Me XMan wrote:You've got any positions open? long, short?
BullBear52x wrote:internal is belong to bears, 15 min. from here will see if the buyers stepping in to save the fall, tick looks a little better now but not much, bears marching on so far.
only my original left over 20% shorts. short etfs. TZA TYP SRS
so long the 118 support held up, gap fill is still possible. if 118 failed to hold I will see it as run away gap. here is my yellow line in the sand.
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SB73
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Re: 11/22/2011 Intraday Watering

Post by SB73 »

uempel wrote:Staying above 1200 and 1170 is essential for the bulls. If SPX can't break back to the upside and 1170 fails the market goes down hard, and the bulls know it. I don't think 1170 will be given up easily.
LT.png
1176 is major gap support...would be very surprised if we don't bounce at least there. This coming from someone who has been uber bearish the last couple of weeks. Still holding some shorts, but ratcheting up stops.
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Grizzly
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Re: 11/22/2011 Intraday Watering

Post by Grizzly »

Spanish 3-month T-Bill yield more than doubles at latest auction... OUCH!
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bullybear
Posts: 69
Joined: Fri Nov 11, 2011 7:53 pm

Re: 11/22/2011 Intraday Watering

Post by bullybear »

Check the 60 min Euro, winding up for a sling shot break, but which way?

Where oh Where is the Trukey God just when you need him?

turkey.jpg
pady
Posts: 382
Joined: Mon Aug 29, 2011 3:22 am

Re: 11/22/2011 Intraday Watering

Post by pady »

Some EW numbers -

1=1292-1215
2=1215-1267
3=1267-1141
4=1141-1189
5=1189-1064

Could stop at 3 as an ABC correction...and do a santa rally...
Dow Trader
Posts: 733
Joined: Thu Feb 17, 2011 11:59 am

Re: 11/22/2011 Intraday Watering

Post by Dow Trader »

Closed all short positions since yesturday's 1200 ... now flat 8-)
pady
Posts: 382
Joined: Mon Aug 29, 2011 3:22 am

Re: 11/22/2011 Intraday Watering

Post by pady »

Broke 1184. This could be fast.
noob
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Joined: Mon Oct 17, 2011 2:54 pm

Re: 11/22/2011 Intraday Watering

Post by noob »

Cobra, is this a tradable lower low that you mentioned in your last night's market outlook? Thanks.
tdo722
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Joined: Wed Oct 05, 2011 3:19 pm

Re: 11/22/2011 Intraday Watering

Post by tdo722 »

noob wrote:Cobra, is this a tradable lower low that you mentioned in your last night's market outlook? Thanks.
let him analyze. please don't disturb.
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