08/11/2011 Intraday Watering

[StrikePrice]

you don't believe phantom bar? well, bet believe it. never is this world fair. I don't want to be a poor guy anymore who's fate is decided by bunch of rich guys!

LOL, Cobra is da man!

[Michelle]

Was 1167 the high for next days? Market much show extraordinary strength to jump back into the channel...

SPX9.png

If the market close it close enough to the channel, it could gap up into it tomorrow morning. If no gap, then retests til it finally gets in. I think we get a little more on the upside than 1170. But, market doesn't care what I think.

[StrikePrice]

Looks like we're going to whether we test the high of the day or not in the next 15 minutes.

[thanos]

if we close above 1160 today then 1200-1210 next target. Tomorrow is a bullish day so not surprised to see a crazy move much higher. Shorted Aug RUT 600 puts @$5.20...great time to sell premium.

Good luck

[Dow Trader]

Closed 1/2 of my yesturday's long at 10750 + 300 points and still holding with same stop
below is the chart I have been posting last 3 days with updates

[PRI]

Looks like we're going to whether we test the high of the day or not in the next 15 minutes.

Going to what?

[rola]

GORNJO KUNGOTO

[Dow Trader]

So far we have back to back daily candle, if we closed here and tommorow is green, then we will take fed day high easly. But that is big ( IF )

[Cobra]

Cobra, do you think we will revisit the lows below 1100 in the coming weeks?

yes, we can.

[newbie_77]

another 2 hrs of buying leads us to the moon

[proteus46]

FAZ retested 100.0 fibonacci line, now looks like resistance, a ray of hope for the Bulls. 1 minute chart.

[Michelle]

http://www.trending123.com/patterns/bul ... angle.html

Good article on triangles. Thanks, Dowtrader for reminding me this could be a triangle.

[hiram]

hey guys what do you make of the money flows today seems many are selling into this strength?

hiram

[silkway]

Hi, did anyone get spy phantom bar 112.32?

[Dow Trader]

http://www.trending123.com/patterns/bul ... angle.html

Good article on triangles. Thanks, Dowtrader for reminding me this could be a triangle.

welcome and thanks for the link

[hiram]

Hi, did anyone get spy phantom bar 112.32?

many 322 combos in there dont like that symbolic to power elite...little conspiracy in afternoon...

hiram

[bbsid]

Cobra,

How about bond rate, will bond rate visit or near yesterday's low too within 3 weeks? It's been up 10% today alone. Thanks!!

[Al_Dente]

TLT has a double top.

Thank you for posting that.

[Cobra]

Cobra,

How about bond rate, will bond rate visit or near yesterday's low too within 3 weeks? It's been up 10% today alone. Thanks!!

law of inertia applies to anything.

[newbie_77]

cobra,
any insight to the spy pattern? or we are in wait and watch mode?