09/23/2011 Intraday Watering

[Cobra]

could be a few interpretation here, back test trend line or H&S bottom or C&H, so need a breakout or sharp down to clear the pattern. Let's wait.

[KENA]

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

Ya..I got my protective calls searly this morn.Still waiting to buy puts into the week end and now I'm thinking and that is bad.

[pady]

23.6% seems to be the big hurdle.

[shumushu]

Short overnight high 1135 stop 1138.

[xfradnex]

MOS looks like it may be on edge of a breakout . top of 5 day down trend channel

[BullBear52x]

for entertainment only

[Richarab]

i didnt wait
out TNA and back into the TVIX
here we go!

[BullBear52x]

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

Ya..I got my protective calls searly this morn.Still waiting to buy puts into the week end and now I'm thinking and that is bad.

I think strength will carry on until Monday morning,then Bamm! got ya moment just guessing.

[stockcycle]

some pull back @SPX support 1132.

[uempel]

[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.

Ok Michelle, I guess this is it. No false signals since December 2003

[BullBear52x]

SMH is at resistance, but this is Bullish set up.

[AK84]

Cobra Sharp Down >?


Also, does anyone think AAPL will fill the gap at 393 soon. I seem convinced but its holding up above 404 pivot. dunno what to do .

[Michelle]

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.

You are toooo funny. There are posters here who say they're new to trading, so it's good to explain how you come up with whatever you're talking about sometimes.

[Cobra]

Cobra Sharp Down >?


Also, does anyone think AAPL will fill the gap at 393 soon. I seem convinced but its holding up above 404 pivot. dunno what to do .

Bulls must hold here, otherwise it'd be double top or 3 push up. watch the green line below, must hold.

[fehro]

neckline adjustment?

[Al_Dente]

ZSL panned out today
But turned down shy of resistance 20.57

[luckystar2006]

Sell programs seem to kick in ~2pm these days? Maybe this is done by "inside communication" by ben bernanke?

[uempel]

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.

You are toooo funny. There are posters here who say they're new to trading, so it's good to explain how you come up with whatever you're talking about sometimes.

Al_Dente, sometimes interesting to pick up ideas. The indicator Michelle mentioned gave wrong signals in the 2000 - 2003 bear market, but since then no bad signal, managed the 2007 - 2009 decline perfectly. But I'm still a MA 377 fan. Showed whipsaws in 1992, but since then it's been a smooth ride with only 3 whipsaws.

[AK84]

stay short over the weekend ?how u guys positioning. my only long position is gld call spread nov and amzn nov 210 call. rest is short and some in cash.

[finman66]

Sell programs seem to kick in ~2pm these days? Maybe this is done by "inside communication" by ben bernanke?

Good one