09/23/2011 Intraday Watering

[Copeland]

Anyone watching SILver right now?? HOLY MOLY, ZSL Is up 30% TODAY!!!!

I wish I shorted silver instead of going long dollar!

You're using the wrong trading vehicles for the dollar -- use UUPT or go long the dollar futures -- your returns will be much better big time.

[jarbo456]

P bars at 113.64..I'm not all sold on them yet but they seem to work most of the time.

is that a pbar or was it just a volume surge?

[stockcycle]

Seems a spectacular break out is near!

[jarbo456]

market choppppp...should've just taken the day off. think i will now.

[quientuves]

yep, i think volume surge, too...

yep. as i said, spectacular breakup to 1160 =^_^=

[KENA]

P bars at 113.64..I'm not all sold on them yet but they seem to work most of the time.

is that a pbar or was it just a volume surge?

P bar..2 of them One on big vol and one on low vol.

[cougar]

LOL! The servers of KITCO must be going berserk! They are now OUT!

[uempel]

Michelle, I've experimented with A/D and cumulative. The way I tested it it never gave any good signals. I prefer Bullish percentages. I found an A/D chart and put a 55 in. What do you read? I don'' pick up any viable information

NYAD cumulative isn't going to give much info, but interestingly, it has touched, and breached the 50 day for the first time since 09.

I think I got it wrong, this is what you are looking at, right? But note that last summer and in 2007 there was lots of whipsawing. My favorite for long term trend changes is DMA 377, it has hardly given false signals these last 20 years...

[99er]

Updates

Gold http://99ercharts.blogspot.com/2011/09/gold_8475.html
Silver http://99ercharts.blogspot.com/2011/09/silver_5830.html

[Michelle]

[I think I got it wrong, this is what you are looking at, right? But note that last summer and in 2007 there was lots of whipsawing. My favorite for long term trend changes is DMA 377, it has hardly given false signals these last 20 years

Look at it on the weekly. Your 377 is a good one. I'm glad you posted that here.

[KENA]

The P bars target met..That is something else..

[laoguo]

re-testing day high?

[rocstocktrader]

The selling we saw in the last few hours kept the SP 500 above its 1,128 support level. http://rocmarketdashboard.webs.com/

[fehro]

now or never

[BullBear52x]

Wow! good thing I am not bearish today, nice my bullishness save me some money

[stockcycle]

A short breath before a decisively jump!

[Cobra]

see, that's why I don't like 1-2-3 formation. It only says the pullback was weak because it's overlapping in nature.

[pady]

Appears like a 1145-55 close.

[quientuves]

i'm thinking now about 1160....and... isn't it too late today to go that far? Probably it could be a good idea to take my profits now...

[Al_Dente]

This is interesting. Go to stock charts. Type in $NYAD, and click weekly. Go to Chart Attributes, then Type, and click on Cumulative, then update. This has been above the 50 day since April 2009. Look where it is now.

Sweet
But I hate it when you make us work that hard; I’m trying to trade
I use 20/39 weekly; even 13/34
No matter how you pour that milk, it smells rancid, but let’s just squeeze the carton and see.