09/14/2011 Intraday Watering

qtipped · Post by **qtipped** » Wed Sep 14, 2011 1:25 pm

Cobra wrote:strange, still pretty much a 3 push up or wedge, whatever you like to call. Cannot this market pullback even a little?

nah...this market is probably going to do 10 pushups..

laoguo · Post by **laoguo** » Wed Sep 14, 2011 1:25 pm

qtipped wrote:
qtipped wrote:
Cobra wrote:Measured Move or ZigZag target should be around here.
shoot, i have to wait till 119 to get squeezed out of my shorts?? this blows...there's hardly any pullback to the MA...and it's slow which is the worst part. will prob hold till tomorrow after job report to blow out of this loser trade.

somebodies must know something good about tomorrow to be supporting this uptrend??
when you guys see this spx drop like a rock, it probably means i just got out....

Indeed SPX drops a little, wow you are good!

Al_Dente · Post by **Al_Dente** » Wed Sep 14, 2011 1:26 pm

TBT is trying to put the kibosh on this rally.
Doesn't matter, I'm out when my 4/9ema crosses

laoguo · Post by **laoguo** » Wed Sep 14, 2011 1:28 pm

I have a question for EVERYONE here:

why on earth we're reading the market so intensely in an OE week?

waverider · Post by **waverider** » Wed Sep 14, 2011 1:29 pm

I doubt it can break sep 07/08 resistance, would guess the days high is in.

heavenskrow · Post by **heavenskrow** » Wed Sep 14, 2011 1:30 pm

agnosia wrote:not trusting this rally. most of the risk trades are down : crude, copper, aud/jpy.. one plus is vix down and euro up.. but then there is bonds up which is risk off..

mixed signals to say the least

thats why im long bonds instead of going short....

MajorEasy · Post by **MajorEasy** » Wed Sep 14, 2011 1:30 pm

big picture suggests break-out from a desending wedge...
the bulls are whimpy.... (weak)
charts shows the last 13 trading sessions

bushwaffle · Post by **bushwaffle** » Wed Sep 14, 2011 1:30 pm

qtipped wrote:
qtipped wrote:
Cobra wrote:Measured Move or ZigZag target should be around here.
shoot, i have to wait till 119 to get squeezed out of my shorts?? this blows...there's hardly any pullback to the MA...and it's slow which is the worst part. will prob hold till tomorrow after job report to blow out of this loser trade.

somebodies must know something good about tomorrow to be supporting this uptrend??

when you guys see this spx drop like a rock, it probably means i just got out....[/quote

Been trapped short for 2 days...big loser, been averaging price hoping to need less of a move to get out. If this ship sinks by floating too high...I'll just damn go down with it.

tonghu · Post by **tonghu** » Wed Sep 14, 2011 1:32 pm

i guess after the 3 push-up on 5-min chart is done, we will have another 3 push-up on 15-min chart, and then 30 -min, to forever...

Cobra wrote:strange, still pretty much a 3 push up or wedge, whatever you like to call. Cannot this market pullback even a little?

BullBear52x · Post by **BullBear52x** » Wed Sep 14, 2011 1:32 pm

what a fight.

zazusays · Post by **zazusays** » Wed Sep 14, 2011 1:33 pm

Still in SPY puts and remain stubborn while observing this wedge....but amd worried.

BullBear52x · Post by **BullBear52x** » Wed Sep 14, 2011 1:37 pm

laoguo wrote:I have a question for EVERYONE here:

why on earth we're reading the market so intensely in an OE week?

That's why I want to take time off, I will anyways with small short position.

HappyFriday · Post by **HappyFriday** » Wed Sep 14, 2011 1:38 pm

Mad Bulls are coming fast, and make you big money.

champix · Post by **champix** » Wed Sep 14, 2011 1:39 pm

HappyFriday wrote:Mad Bulls are coming fast, and make you big money.

Nice call ! Bulls are definitely in the place today...

stockcycle · Post by **stockcycle** » Wed Sep 14, 2011 1:41 pm

The bull flag works.

BullBear52x · Post by **BullBear52x** » Wed Sep 14, 2011 1:41 pm

I am out the here, can't buy this market, not this week. maybe next week. good luck trading all

BullBear52x · Post by **BullBear52x** » Wed Sep 14, 2011 1:45 pm

Last post 3 pushes

lilitulip · Post by **lilitulip** » Wed Sep 14, 2011 1:45 pm

who is lying? Bond or stock market?

Al_Dente · Post by **Al_Dente** » Wed Sep 14, 2011 1:46 pm

Big stick means I adjust my stop to: out on CLOSE below 9ema, won't even wait for cross, won't even let it correct much. My tick beeper keeps beeping. Gotta pull back soon unless it's one of those giant squeezes

Post by **Cobra** » Wed Sep 14, 2011 1:48 pm

another overshot, volume surge plus largest bar. let's see any pullback from here. I pretty much give up the hope of any meaningful pullback today.

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09/14/2011 Intraday Watering

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