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by knurbs
Thu Apr 05, 2012 12:28 pm
Forum: Traders Lounge
Topic: 04/05/2012 Live Update
Replies: 174
Views: 33671

Re: 04/05/2012 Live Update

But, if Apple can't make a meaningful move up from here it could bea double top.
by knurbs
Thu Apr 05, 2012 12:25 pm
Forum: Traders Lounge
Topic: 04/05/2012 Live Update
Replies: 174
Views: 33671

Re: 04/05/2012 Live Update

If Appl breaks through the approaching mild resistance at 634ish it will likely jump to 640 in short order. Of course, a six point move for Apple is nothing these days. :shock:
by knurbs
Thu Apr 05, 2012 10:42 am
Forum: Traders Lounge
Topic: 04/05/2012 Live Update
Replies: 174
Views: 33671

Re: 04/05/2012 Live Update

soku wrote:market is choppy. i think we may dip to 86-87 zone. will decide to buy or not there.

I guess we need to assume your referencing SPX? Maybe you feel ES is going to drop 1300 points? :lol: :lol: :lol:
by knurbs
Tue Apr 03, 2012 12:46 pm
Forum: Traders Lounge
Topic: 04/03/2012 Live Update
Replies: 198
Views: 238846

Re: 04/03/2012 Live Update

Who says Elliot waves don't work... I guess they work sometimes..I just don't understand why everyone seems to have different wave info..Not to many are the same but maybe they all get you there.You seem to be a little more consistant. Thanks for your postings. :) Because it doesn't work in today's...
by knurbs
Tue Apr 03, 2012 9:35 am
Forum: Traders Lounge
Topic: 04/03/2012 Live Update
Replies: 198
Views: 238846

Re: 04/03/2012 Live Update

AAPL up big pre-market. This market ain't going down until we pop that bubble. Just curious why you feel it's a bubble? Seem's like the P/E is very reasonable compared to some other companies. It's a very dangerous stock to short (believe me I tried many times and got burned). In addition to the lo...
by knurbs
Sat Mar 24, 2012 3:06 pm
Forum: Traders Lounge
Topic: 03/24/2012 Weekend Watering
Replies: 51
Views: 16193

Re: 03/24/2012 Weekend Watering

My take is that we will eventually have a sizeable correction, every bullish year has 1. But markets tend to extend out moves against the general consensus far longer than how deep the countertrend pockets are and the overwhelming consensus amongst market professionals is that we are due for a top....
by knurbs
Fri Mar 23, 2012 2:21 pm
Forum: Traders Lounge
Topic: 03/23/2012 Intraday Watering
Replies: 211
Views: 90250

Re: 03/23/2012 Intraday Watering

Nice try with the Head fake. No volume in this market since late morning.
by knurbs
Fri Mar 23, 2012 1:15 pm
Forum: Traders Lounge
Topic: 03/23/2012 Intraday Watering
Replies: 211
Views: 90250

Re: 03/23/2012 Intraday Watering

SPY Ascending triangle anyone?
by knurbs
Thu Mar 22, 2012 5:03 pm
Forum: Traders Lounge
Topic: 03/22/2012 Intraday Watering
Replies: 273
Views: 58158

Re: 03/22/2012 Intraday Watering

Was that lower low wave 5? How about wave b of wave 4 flat....with c to 1389 es? Yes, maybe...or lower...??? ES high at 1389.25, 1389 close - with weekly option expiry tomorrow targets 1390/1395 close to minimize in the money trades - a morning drop to 1375ish and rally into the zone? I agree. Drop...
by knurbs
Thu Mar 22, 2012 2:00 pm
Forum: Traders Lounge
Topic: 03/22/2012 Intraday Watering
Replies: 273
Views: 58158

Re: 03/22/2012 Intraday Watering

TraderGirl, I went to see Ray Merriman give his 2012 forecast last month and now subscrribe to his weekly update. His take, based on the planets is, we fall hard starting in March (now) or we rally very strong to August-November or March-April of 2013 before the big fall. He thinks it will be aroun...
by knurbs
Thu Mar 22, 2012 1:31 pm
Forum: Traders Lounge
Topic: 03/22/2012 Intraday Watering
Replies: 273
Views: 58158

Re: 03/22/2012 Intraday Watering

TraderGirl, I went to see Ray Merriman give his 2012 forecast last month and now subscrribe to his weekly update. His take, based on the planets is, we fall hard starting in March (now) or we rally very strong to August-November or March-April of 2013 before the big fall. He thinks it will be aroun...
by knurbs
Mon Mar 19, 2012 3:45 pm
Forum: Traders Lounge
Topic: 03/19/2012 Intraday Watering
Replies: 146
Views: 52414

Re: 03/19/2012 Intraday Watering

Bradley turn dates got thrown out the window again hahaha Looking back, Bradley turn dates have affected the market up to 7-8 days before or after date, so potentially, March 23/24th...we'll see... Sorry, but turns dates have proven worthless in this non-carbon based trading environment. Please ref...
by knurbs
Mon Mar 19, 2012 3:24 pm
Forum: Traders Lounge
Topic: 03/19/2012 Intraday Watering
Replies: 146
Views: 52414

Re: 03/19/2012 Intraday Watering

Bradley turn dates got thrown out the window again hahaha Looking back, Bradley turn dates have affected the market up to 7-8 days before or after date, so potentially, March 23/24th...we'll see... Sorry, but turns dates have proven worthless in this non-carbon based trading environment. Please ref...
by knurbs
Fri Mar 16, 2012 1:41 pm
Forum: Traders Lounge
Topic: 03/16/2012 Intraday Watering
Replies: 207
Views: 125813

Re: 03/16/2012 Intraday Watering

Okey now it is clear more up :roll: http://www.reuters.com/article/2012/03/16/us-eurozone-bailout-capacity-idUSBRE82F0JM20120316 Isn't that about bank activity, which was requested, by some, to leave off the board? Just trying to figure out what I'm allowed to say here without upsetting people. The...
by knurbs
Thu Mar 15, 2012 9:20 am
Forum: Traders Lounge
Topic: 03/15/2012 Intraday Watering
Replies: 198
Views: 52825

Re: 03/15/2012 Intraday Watering

AAPL- Becoming normal to see $20 daily increases. How much longer can that continue? New Ipad is released tomorrow so I guess this may be a sell the news event.
by knurbs
Wed Mar 14, 2012 10:16 am
Forum: Traders Lounge
Topic: 03/14/2012 Intraday Watering
Replies: 271
Views: 59294

Re: 03/14/2012 Intraday Watering

Anyone seeing a double top?
?
by knurbs
Wed Mar 14, 2012 10:12 am
Forum: Traders Lounge
Topic: 03/14/2012 Intraday Watering
Replies: 271
Views: 59294

Re: 03/14/2012 Intraday Watering

I think it will very likely be sideways then higher. Still way to many shorts thinking this thing is getting ready to correct. A couple more small squeezes wouldn't surprise me at all.
by knurbs
Mon Mar 12, 2012 3:03 pm
Forum: Traders Lounge
Topic: 03/12/2012 Intraday Watering
Replies: 127
Views: 26563

Re: 03/12/2012 Intraday Watering

Daily C&H means we move higher into the close in anticipation of QE3 tomorrow I guess...this is getting really ridiculous.
by knurbs
Thu Mar 08, 2012 10:54 am
Forum: Traders Lounge
Topic: 03/08/2012 Intraday Watering
Replies: 225
Views: 45960

Re: 03/08/2012 Intraday Watering

uempel wrote:
Harapa wrote:Per Tom DeMark Range Expansion Algo
Quite interesting - but I guess nobody here really understands it... I don't.

Looked to me like he was saying it has about a 50/50 chance of going up or down from the open... :lol:
by knurbs
Fri Mar 02, 2012 3:52 pm
Forum: Traders Lounge
Topic: 03/02/2012 Intraday Watering
Replies: 235
Views: 55855

Re: 03/02/2012 Intraday Watering

If SPY is not C&H then it's an inverted H&S so might be headed up