02/21/2012 Intraday Watering

Post by **Cobra** » Tue Feb 21, 2012 10:01 am

Gap up above Friday's high but the gap is too small now so the gap might be filled.

The Global ES looks like a Bull Flag in the forming, so should be at lease one more push up ahead.

The Hook · Post by **The Hook** » Tue Feb 21, 2012 10:11 am

what is bull flag tgt -- 1375?

Petsamo · Post by **Petsamo** » Tue Feb 21, 2012 10:12 am

UNG technicians,

Where's support? I'm willing to buy below 5.41, but obviously I prefer to buy as low as possible.

pidge66 · Post by **pidge66** » Tue Feb 21, 2012 10:31 am

Petsamo wrote:UNG technicians,

Where's support? I'm willing to buy below 5.41, but obviously I prefer to buy as low as possible.

my take from last week http://fifty2weekhi.blogspot.com/2012/0 ... arget.html

Petsamo · Post by **Petsamo** » Tue Feb 21, 2012 10:31 am

Maybe we drive to DOW 13,000 today

Post by **Cobra** » Tue Feb 21, 2012 10:32 am

the open.

Richarab · Post by **Richarab** » Tue Feb 21, 2012 10:32 am

Petsamo wrote:UNG technicians,

Where's support? I'm willing to buy below 5.41, but obviously I prefer to buy as low as possible.

I got in again - lets roll
Just a moment ago

---
I am here: http://maps.google.com/maps?ll=29.114429,48.137313

TWT · Post by **TWT** » Tue Feb 21, 2012 10:44 am

SPX: Maybe if this ED plays out price could top by eod

(thewavetrading)

Petsamo · Post by **Petsamo** » Tue Feb 21, 2012 10:48 am

We have bad news ?

BullTart · Post by **BullTart** » Tue Feb 21, 2012 10:56 am

Added more TVIX at the open to existing positions I started accumulating last week.

Now all in once again. The last all-in attempt got stopped out at break even.

Position fully deployed. Wait and see mode now.

Croc has been patiently waiting for chomp chomp time.

Looking for a good meal this week.

TraderGirl · Post by **TraderGirl** » Tue Feb 21, 2012 10:59 am

This is what I wrote last night in weekend watering...

There are two turn dates this week, Tuesday and Thursday. I am supposing Tuesday the markets start to turn down because of neg aspects mid-week. Weds and Thurs have the most neg aspects, although Thursday being a turn day, the market could start to turn up at anytime during the day. Friday has positive aspects...

Post by **Cobra** » Tue Feb 21, 2012 11:02 am

hmm, another morning black bar. you know what'd happen the next day, wouldn't you? Yeah yeah yeah, another red bar then up and up and up till the close. Cannot you guys have something new today?!

Al_Dente · Post by **Al_Dente** » Tue Feb 21, 2012 11:04 am

1min
http://stockcharts.com/h-sc/ui?s=SPY&p= ... =250028427

jarbo456 · Post by **jarbo456** » Tue Feb 21, 2012 11:04 am

TraderGirl wrote:This is what I wrote last night in weekend watering...

There are two turn dates this week, Tuesday and Thursday. I am supposing Tuesday the markets start to turn down because of neg aspects mid-week. Weds and Thurs have the most neg aspects, although Thursday being a turn day, the market could start to turn up at anytime during the day. Friday has positive aspects...

i totally appreciate hearing the turn date information tradergirl, i'm just wondering how one employs it if/when there seems to be some large +/- ranges for when they occur.

for this particular one, "...supposing tuesday the markets start to turn down...thursday...the market could start to turn up...", is it shorter time frame turn dates? if the usual turn dates have anywhere from 3-6 day +/- ranges, how does one trade two turn dates two days apart, yet have several days that they may/could/should occur?

just curiosity, not criticism.

Post by **Cobra** » Tue Feb 21, 2012 11:10 am

back test the breakout point. key time. The chart still looks missing one more push up to me though.

TraderGirl · Post by **TraderGirl** » Tue Feb 21, 2012 11:11 am

BullTart wrote:Added more TVIX at the open to existing positions I started accumulating last week.

Now all in once again. The last all-in attempt got stopped out at break even.

Position fully deployed. Wait and see mode now.

Croc has been patiently waiting for chomp chomp time.

Looking for a good meal this week.

I just joined you in some TVIX....

jarbo456 · Post by **jarbo456** » Tue Feb 21, 2012 11:14 am

Cobra wrote:hmm, another morning black bar. you know what'd happen the next day, wouldn't you? Yeah yeah yeah, another red bar then up and up and up till the close. Cannot you guys have something new today?!

buckle up...per the usual script, we're heading to the moon, or at least a nearby cloud...

jimme · Post by **jimme** » Tue Feb 21, 2012 11:14 am

Cobra wrote:hmm, another morning black bar. you know what'd happen the next day, wouldn't you? Yeah yeah yeah, another red bar then up and up and up till the close. Cannot you guys have something new today?!

GM all,

I am looking to short the market this afternoon at a lower high 60 min chart with a stop just above the HOD. I might use FAZ as the vehicle because the Russell is weaker right now. GLTA jimme

TradingJackal · Post by **TradingJackal** » Tue Feb 21, 2012 11:14 am

Looks like another typical BTFD day.

Petsamo · Post by **Petsamo** » Tue Feb 21, 2012 11:15 am

Richarab wrote:
Petsamo wrote:UNG technicians,

Where's support? I'm willing to buy below 5.41, but obviously I prefer to buy as low as possible.
I got in again - lets roll
Just a moment ago

UNG has a gap fill

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