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08/01/2011 Intraday Watering

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Cobra
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Re: 08/01/2011

Post by Cobra »

small double top, hopefully the morning low gets tested this round.
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cougar
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Re: 08/01/2011

Post by cougar »

agnosia wrote:euro getting clobbered. no idea why... i am long crude 94.95, stop even
It's ITALY! The parliamentary Italian "con-job" is "morto definitivo"!
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Cobra
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Re: 08/01/2011

Post by Cobra »

key time. a consolidation here would be good for bears.
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HK88
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Re: 08/01/2011

Post by HK88 »

First round of vote in the House is expected between 2-3 pm ET.
pablorynx
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Re: 08/01/2011

Post by pablorynx »

agnosia wrote:euro getting clobbered. no idea why... i am long crude 94.95, stop even
dollar strength across the board, with maybe gold flipflopping.
agnosia
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Re: 08/01/2011

Post by agnosia »

cougar wrote:
agnosia wrote:euro getting clobbered. no idea why... i am long crude 94.95, stop even
It's ITALY! The parliamentary Italian "con-job" is "morto definitivo"!
damn... grazie.
agnosia
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Re: 08/01/2011

Post by agnosia »

buy the fear ! bought more 1276... lets see the famous 50% retrace back to 1291 /es. house vote @ 2pm - this market selloff will have them scared of their portfolios ( most of them are multi-millionaires ) and they will pass it.
lumeipro
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Re: 08/01/2011

Post by lumeipro »

Sold all put contracts bought this morning. 20% profit. :) will have a great dinner with family tonight. thanks Cobra. Keep it up.
SigmaEcho
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Re: 08/01/2011

Post by SigmaEcho »

agnosia wrote:buy the fear ! bought more 1276... lets see the famous 50% retrace back to 1291 /es. house vote @ 2pm - this market selloff will have them scared of their portfolios ( most of them are multi-millionaires ) and they will pass it.

T-might crash the-party
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Cobra
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Re: 08/01/2011

Post by Cobra »

as i said, consolidation just hair above the support is bad for bulls. so bulls need a strong rally here to discourage bears...
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j1900q
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Re: 08/01/2011

Post by j1900q »

Agree, I am long, and looking for higher prices. Let's go.
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Cobra
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Re: 08/01/2011

Post by Cobra »

chiosc a little too low now, so a rebound of some kind should be close.
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Cobra
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Re: 08/01/2011

Post by Cobra »

good, let's see if bulls could make a Double bottom or bears make a Descending Triangle. according to ChiOsc I just showed, chances a little bit higher for a Double Bottom so far.
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BullBear52x
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Re: 08/01/2011

Post by BullBear52x »

How far this Positive Divergence will take us, for DT if trade back over 200ma I'll be a buyer. if new low were to take out, I will reload the DT short ETFs. Try to keep it simple.
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BullBear52x
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Re: 08/01/2011

Post by BullBear52x »

3rd time is a charm play. FXP
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soku
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Re: 08/01/2011

Post by soku »

kena, thanks for the soda. i grab 8 bucks and change :D
what else? bring them on.
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Out of Bounds
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Re: 08/01/2011

Post by Out of Bounds »

SPY is at S1 - 128.008
...
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Out of Bounds
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Re: 08/01/2011

Post by Out of Bounds »

Out of Bounds wrote:SPY is at S1 - 128.008
never mind..... :o
...
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Cobra
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Re: 08/01/2011

Post by Cobra »

hmm, nice, just right after I said double bottom has better chances I got slapped, a Descending Triangle breakdown, tinted area as target.
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agnosia
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Re: 08/01/2011

Post by agnosia »

ouch. well my stops were taken out @ 1274.75 gap support. also stopped out even on crude. gonna sit and watch for a bit... 4$+ range on crude. we went from RSI overbought to oversold in a few hours on the hourly . first time i've seen that..
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