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07/29/2011 Intraday Watering

lumeipro
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Re: 07/29/2011 Intraday Watering

Post by lumeipro »

Bottomless. The closing bell is the only hope to stop bleeding. cashed out put contract again and bought some IWM call.
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99er
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Re: 07/29/2011 Intraday Watering

Post by 99er »

From Zero Hedge:

The NY Fed just asked primary dealers to come downtown today at noon to meet with Fed and Treasury Dept officials. We expect to hear them outline a contingency plan for next week. Details to follow.
cougar
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Re: 07/29/2011 Intraday Watering

Post by cougar »

hiram wrote:
cougar wrote:NDX 130 min: the image of complacency
why do you say that?

thanks hiram
Because, IMHO, the internals should reflect a DEEP concern on the fate of the NDX …and they don’t…
cougar
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Re: 07/29/2011 Intraday Watering

Post by cougar »

VIX target reached...
Out of Sep calls!
Discipline!
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Cobra
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Re: 07/29/2011 Intraday Watering

Post by Cobra »

strong rebound here then indeed it's the 3 push down, so the current bar is very important. bears don't want to see a strong bull bar.
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99er
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Re: 07/29/2011 Intraday Watering

Post by 99er »

cougar
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Re: 07/29/2011 Intraday Watering

Post by cougar »

Cobra wrote:strong rebound here then indeed it's the 3 push down, so the current bar is very important. bears don't want to see a strong bull bar.
Great opinion, Cobra!
Please give us your "rating" for the next bar!
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oldpigwang
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Re: 07/29/2011 Intraday Watering

Post by oldpigwang »

Cobra: do you mean we may have a down to 1278 if bull not strong??
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Cobra
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Re: 07/29/2011 Intraday Watering

Post by Cobra »

cougar wrote:
Cobra wrote:strong rebound here then indeed it's the 3 push down, so the current bar is very important. bears don't want to see a strong bull bar.
Great opinion, Cobra!
Please give us your "rating" for the next bar!
that'll be after 11:00am ET. :mrgreen:

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Cobra
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Re: 07/29/2011 Intraday Watering

Post by Cobra »

oldpigwang wrote:Cobra: do you mean we may have a down to 1278 if bull not strong??
breakdown below the opening low is the MUST!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! :twisted:

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lumeipro
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Re: 07/29/2011 Intraday Watering

Post by lumeipro »

cashed out call contracts for small profit. that's it for me today. money will be made again next week regardless the decision. :) not holding overnight. good luck trading everyone.
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99er
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Re: 07/29/2011 Intraday Watering

Post by 99er »

lilitulip
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Re: 07/29/2011 Intraday Watering

Post by lilitulip »

you mean 772, right?
pablorynx
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Re: 07/29/2011 Intraday Watering

Post by pablorynx »

anyone else see phantom bar down to 128 in SPY?
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Petsamo
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Re: 07/29/2011 Intraday Watering

Post by Petsamo »

pablorynx wrote:anyone else see phantom bar down to 128 in SPY?
I call it a bad tick. I see one, but those bad ticks don't necessarily point in the direction of the next move. Sometimes they mark the bottom or top.
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ballatines
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Re: 07/29/2011 Intraday Watering

Post by ballatines »

pablorynx wrote:anyone else see phantom bar down to 128 in SPY?
i am using IB and see it :shock:
last P-bar is 21/7 and of course met the downside target lately ... :roll: make me scare right now ...
silkway
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Re: 07/29/2011 Intraday Watering

Post by silkway »

pablorynx wrote:anyone else see phantom bar down to 128 in SPY?
on 1 and 3 min chart not 5 min chart. :o
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Petsamo
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Re: 07/29/2011 Intraday Watering

Post by Petsamo »

Come to think of it, it does look like it points to the direction of the next move.
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Petsamo
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Re: 07/29/2011 Intraday Watering

Post by Petsamo »

silkway wrote:
pablorynx wrote:anyone else see phantom bar down to 128 in SPY?
on 1 and 3 min chart not 5 min chart. :o
I have it on the 1 min chart.
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99er
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Re: 07/29/2011 Intraday Watering

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