08/09/2011 Intraday Watering

[StrikePrice]

Honey...let's go to the beach!
SPX http://99ercharts.blogspot.com/2011/08/spx_09.html

Okay.

Taking a break at the beach from tomorrow afternoon until Sunday so posting will be light (if at all). Good luck, folks.

Congrats and enjoy. I'm sure the rest is well deserved.

[uempel]

today

Then I will probably just watch today. Now 98% in cash

Barbara, no more buy the dips?

I am planning to short the pop . But with FOMC, it is hard to me. My hands are not quick enough.

These kind of orders I tend to place in advance - just below resistance.

[uempel]

99, send us a picture of you and Honey at the beach

[shumushu]

today

Then I will probably just watch today. Now 98% in cash

Barbara, no more buy the dips?

I am planning to short the pop . But with FOMC, it is hard to me. My hands are not quick enough.

These kind of orders I tend to place in advance - just below resistance.

May I ask how do u know where to put these orders? IE: what price? I dont' trade this kind of stuff but I am very interested in hearing you out.

[amalgamator]

Hi guys, a full set of bottoming indicators, capitulative breadth fell into line finally yesterday, hammer in the making today. This is the bottom, IMHO.

[silicon_beaver]

"M" pattern on 1-min chart. cannot break 1151 this time.

[shumushu]

Guys, look at the tick distribution. Only 1 shadow above 1000 yesterday. Today we managed to close a tick bar above 1000 on the 15min. That is a big deal, sentiment is changing. Don't short this too soon.

[99er]

So honey...what are we going to do at the beach?
SPX http://99ercharts.blogspot.com/2011/08/spx_9121.html
What else?

[silicon_beaver]

flat. waiting for FED?

[fuddleduddle]

A lot of news and headlines are QE3 positive for FOMC. I'm not going to attempt to front run this..
My view is they might not..if any form of easing is to be announced it would be at Jackson Hole.

[99er]

uempel:

http://www.loudsportsshorts.com/other/S ... 5B1%5D.jpg

[soku]

uempel:

http://www.loudsportsshorts.com/other/S ... 5B1%5D.jpg

that's you? HOOOOOOOOOT
where u at? can i buy u a drink or something

[99er]

That was my honey.

Here's one of the two of us.

http://www.papersurfer.com/wp-content/u ... urfing.jpg

See what you're missing?

http://www.youtube.com/watch?v=KoKAwxqwmeU

[silicon_beaver]

Now break up a little.1150 to 1151

[soku]

measured rebound target 1147.5-1148.5
there is a remote chance which i cannot rule out, es hit 1161-1163 area

[pablorynx]

A lot of news and headlines are QE3 positive for FOMC. I'm not going to attempt to front run this..
My view is they might not..if any form of easing is to be announced it would be at Jackson Hole.

perhaps... but the mkt low was put in BEFORE Jackson Hole

[Cobra]

the real test is the red line above, break it, then we'd finally have the double bottom and I expect the rebound to go further.

[silicon_beaver]

too slow. up only one point within last hour. still 1150 around.

[tonghu]

hope it's consolidating before the announcement, then with QE's news, the market will cover yesterday's loss

the real test is the red line above, break it, then we'd finally have the double bottom and I expect the rebound to go further.

[Sqwii]

There is NO one looking at the dow jones which pattern targeted 10.800 which is reached PERFECTLY..... bottom for now is 10.800... is this a short term bottom ? I think good chances....

http://3.bp.blogspot.com/-aU6sUWQvz2s/T ... 00/2-5.jpg

Here is chart.