07/13/2011 Intraday Watering

[KENA]

99er..Your chart on Rut...Can't wait..Hurry it up.

[BullBear52x]

I see divergence all over may indexes, the first sell the rally of 5dma resistance is here. but if the bear failed, watch out. we are going to the moon once again.

Sell the rally is on VIX longer date MACD agreed with me still.

[cheech]

lol, IYR is red, interesting stuff, may still need a new high in IYR first though

[99er]

Reuters' Headline:

Bernanke: Fed ready to act

Just what we need...more Kabuki.

[KENA]

I see divergence all over may indexes, the first sell the rally of 5dma resistance is here. but if the bear failed, watch out. we are going to the moon once again.

Sell the rally is on VIX longer date MACD agreed with me still.

Yes.. And also the NYSI started to turn dn on yesterdays chart keeping a neg.div. and a lower high.This is a laging indicator but is a good guide.

[agnosia]

Reuters' Headline:

Bernanke: Fed ready to act

Just what we need...more Kabuki.

i knew this crap was never gonna end, just can't believe it is so soon, QE2 just ENDED!! ... i think i may just have to become a gold bug and start buying in order to preserve what's left of my purchasing power.

[BullBear52x]

I see divergence all over may indexes, the first sell the rally of 5dma resistance is here. but if the bear failed, watch out. we are going to the moon once again.

Sell the rally is on VIX longer date MACD agreed with me still.

Yes.. And also the NYSI started to turn dn on yesterdays chart keeping a neg.div. and a lower high.This is a laging indicator but is a good guide.

the future is strong though, see ES chart, it's not bearish at all.

[Tabby]

I see divergence all over may indexes, the first sell the rally of 5dma resistance is here. but if the bear failed, watch out. we are going to the moon once again.

Sell the rally is on VIX longer date MACD agreed with me still.

FYI,
http://www.bespokeinvest.com/thinkbig/2 ... eason.html
There are some days, we got watch closely. Chunk of S&P 500 reports are on 7/19,20,21,25,26,27,28. I doubt if all companies do really bad. We might be able go to moon to pick up some platinum. I heard moon has large amount Platinum and next place is Canada.

[99er]

Com'on Ben...
SPX http://99ercharts.blogspot.com/2011/07/spx_3748.html
Just say it!

[uempel]

SPX is a virtual index. In real money, e.g. Swiss francs or Gold, the dollar has lost approx. 30% since last summer. This means that after one year the real SPX is trading at 900/1000... This doesn't change anything, but it shows how SPX is at the mercy of low rates and QE...

[99er]

agnosia: "gold bug"

Silver too. May be more bang for your buck.

[BullBear52x]

I will not count the divergence is a success until the recent low is taken out. so far it do its thing but no celebration just yet for DT bears

[AK84]

Cobra or anyone else,

What do you make of the chart of GOOG ??? Earnings tom after the bell. Puts or calls ? I may stay away since its gambling but just wondering if anyone has any thoughts.....

Thanks

[pidge66]

OT: Is RENN the facebook of China or is there another more popular site? Thanks in advance!

[pablorynx]

copper getting slammed

[Cobra]

Cobra or anyone else,

What do you make of the chart of GOOG ??? Earnings tom after the bell. Puts or calls ? I may stay away since its gambling but just wondering if anyone has any thoughts.....

Thanks

chart doesn't look bad.

[agnosia]

agnosia: "gold bug"

Silver too. May be more bang for your buck.

yep, good point... and it actually does more than just shine like gold, it's also an industrial metal. win win.

[uempel]

ChiOsc is still low, so at least the target could be Fib 50% 133.53 area, I guess.

Yeah, this would correspond:

[Tabby]

Cobra or anyone else,

What do you make of the chart of GOOG ??? Earnings tom after the bell. Puts or calls ? I may stay away since its gambling but just wondering if anyone has any thoughts.....

Thanks

I would be very cautious buying GOOG based on the earning. Goog missed the last earning and price drastically dropped after hour and in morning spiked. The hedge found manger in my group used Earning Wisper( something like that) report to encouraged people buying Goog.
Good luck.

[stingrey]

Cobra or anyone else,

What do you make of the chart of GOOG ??? Earnings tom after the bell. Puts or calls ? I may stay away since its gambling but just wondering if anyone has any thoughts.....

Thanks

In my experience, many times if there is a sell off into tomorrows close, it's a buy at the close...if it pops tomorrow and runs strong into the it's a short...flat is a coin toss...