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05/13/2011 Intraday Watering

PRI
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Re: 05/13/2011 Intraday Watering

Post by PRI »

dr659 wrote:I watch real time quotes on Aol Money , but real time is down and only 15 min delay is available, Any other sites I should be going to? Anyone? thanks :? :
I think that freestockcharts.com is real time on most securities.
StrikePrice
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Re: 05/13/2011 Intraday Watering

Post by StrikePrice »

dr659 wrote:I watch real time quotes on Aol Money , but real time is down and only 15 min delay is available, Any other sites I should be going to? Anyone? thanks :? :
www.freestockcharts.com
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BullBear52x
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Re: 05/13/2011 Intraday Watering

Post by BullBear52x »

Littoooo divergence for sell the rally guys.
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ActiveTrader
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Re: 05/13/2011 Intraday Watering

Post by ActiveTrader »

This is why I hate triangles, they look like the triangle going to breakdown then pop back up. I still think the bears have the edge unless they close over 134.50 - 135. If the triangle breaks up, then it the target is 1391 on the SPX. A breakdown measures to 1291.
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Tabby
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Re: 05/13/2011 Intraday Watering

Post by Tabby »

BB52,
This type of voltility "cash is king". $190 is not bad for 10-20 mins work. On other hand, I wonder how many blood vessels I ruptured on my heart muscle. I burned in Faz back in 2009, no more mistakes with Dirxion ETFS. I like to see what Cobra writes in opening, " no institutional buying."
Olly Varadi
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Re: 05/13/2011 Intraday Watering

Post by Olly Varadi »

Tabby wrote:BB52,
This type of voltility "cash is king". $190 is not bad for 10-20 mins work. On other hand, I wonder how many blood vessels I ruptured on my heart muscle. I burned in Faz back in 2009, no more mistakes with Dirxion ETFS. I like to see what Cobra writes in opening, " no institutional buying."
This isn't volatile. Wait until we get to the main event. Seat of your pants stuff that'll be. I can't wait.
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Cobra
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Re: 05/13/2011 Intraday Watering

Post by Cobra »

support, I think it's another critical time here.
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STC
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Re: 05/13/2011 Intraday Watering

Post by STC »

Cobra, does SPY need to close below yesterday low or make an intra day low to have a reversal of reversal of reversal day? does the action today support the bullish case going forward or does it look like it may go lower next week before reverse?
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BullBear52x
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Re: 05/13/2011 Intraday Watering

Post by BullBear52x »

Tabby wrote:BB52,
This type of voltility "cash is king". $190 is not bad for 10-20 mins work. On other hand, I wonder how many blood vessels I ruptured on my heart muscle. I burned in Faz back in 2009, no more mistakes with Dirxion ETFS. I like to see what Cobra writes in opening, " no institutional buying."
We were all been there done that before we can do the moon walk and laughing at the charts. I got you.
My comments are for entertainment/educational purpose only. NOT a trade advice.
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Cobra
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Re: 05/13/2011 Intraday Watering

Post by Cobra »

now we have a new range, let's see how the previous recovery high gets tested. very critical for both bears and bulls now. just it's really strange there's no 2nd leg down that the market simply bottomed here.
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Cobra
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Re: 05/13/2011 Intraday Watering

Post by Cobra »

testing the lower range, the direction is not clear, a little little little little favors bears though.
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jimmythegeek
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Re: 05/13/2011 Intraday Watering

Post by jimmythegeek »

Cobra wrote:now we have a new range, let's see how the previous recovery high gets tested. very critical for both bears and bulls now. just it's really strange there's no 2nd leg down that the market simply bottomed here.
Lots of puts at the 134 SPY level; big open interest going into today and very high volume. Perhaps providing support until the close today?

Also, missed your blog--spent over an hour running programs to kill any viruses last night, and when that did not do it was also afraid house plant fell on you! Thanks to all for the posts!
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Cobra
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Re: 05/13/2011 Intraday Watering

Post by Cobra »

ok so much for little little, breakdown but here's a trend line support. direction is unknown again. this time no little little, let's wait and see.
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Cobra
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Re: 05/13/2011 Intraday Watering

Post by Cobra »

jimmythegeek wrote:
Cobra wrote:now we have a new range, let's see how the previous recovery high gets tested. very critical for both bears and bulls now. just it's really strange there's no 2nd leg down that the market simply bottomed here.
Lots of puts at the 134 SPY level; big open interest going into today and very high volume. Perhaps providing support until the close today?

Also, missed your blog--spent over an hour running programs to kill any viruses last night, and when that did not do it was also afraid house plant fell on you! Thanks to all for the posts!
:lol: :lol: :lol: thanks. So many people mentioning the giant plant I have. :mrgreen:

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gabor
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Re: 05/13/2011 Intraday Watering

Post by gabor »

Cobra wrote:now we have a new range, let's see how the previous recovery high gets tested. very critical for both bears and bulls now. just it's really strange there's no 2nd leg down that the market simply bottomed here.
Your missing second leg is being fromed.
tonghu
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Re: 05/13/2011 Intraday Watering

Post by tonghu »

just turn the chart upside down :D
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KENA
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Re: 05/13/2011 Intraday Watering

Post by KENA »

Look at that big phantom up to 135.10
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Cobra
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Re: 05/13/2011 Intraday Watering

Post by Cobra »

volume surge plus trend line support, so rebound I guess.
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ActiveTrader
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Re: 05/13/2011 Intraday Watering

Post by ActiveTrader »

Don't you guys know that the real move comes during the Globex session so all the intraday traders have to chase the move or trade the chop and get chopped up. BTW, 1330 to 1344 area is pretty big support on SPX so that is area where they will close it. What a shock, just to keep everyone guessing on the breakdown or breakout. :mrgreen:
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KENA
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Re: 05/13/2011 Intraday Watering

Post by KENA »

I am taking profit on my SPY short and buy back in Mon.Better to have it in the bank.
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