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10/03/2011 Intraday Watering

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Cobra
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Re: 10/03/2011 Intraday Watering

Post by Cobra »

well, finally, double bottom or 2 legged up as I hoped. let's see if rebound could last until the close.
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ClarkW
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Re: 10/03/2011 Intraday Watering

Post by ClarkW »

Semi's (SMH) making a little run into the close
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Al_Dente
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Re: 10/03/2011 Intraday Watering

Post by Al_Dente »

heavenskrow wrote:WOW UUPT IS ONE OF THE WORST leveraged ETFs I have EVER HELD. although im up on it, I think something fishy is going on.....

It does not track the UUP at all and there are wild price swings up and down...
Heaven: I don't understand
how UUP meandering
and UUPT (3x) crazy squeeze up?
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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soku
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Re: 10/03/2011 Intraday Watering

Post by soku »

div everywhere. expecting a small reb. may last to tomorrow
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ocassional observer
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Re: 10/03/2011 Intraday Watering

Post by ocassional observer »

the credit suisse fear barometer comfirmed a breakdown on friday:
http://www.bloomberg.com/apps/quote?ticker=CSFB:IND
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heavenskrow
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Re: 10/03/2011 Intraday Watering

Post by heavenskrow »

Al_Dente wrote:
heavenskrow wrote:WOW UUPT IS ONE OF THE WORST leveraged ETFs I have EVER HELD. although im up on it, I think something fishy is going on.....

It does not track the UUP at all and there are wild price swings up and down...
Heaven: I don't understand
how UUP meandering
and UUPT (3x) crazy squeeze up?
thats what i dont understand either!!
thats why i think its kind of shady...but its the only long dollar 3x leverage etf....=[
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jarbo456
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Re: 10/03/2011 Intraday Watering

Post by jarbo456 »

damn. bears are strong. -_- thought we were in for that rebound. totally erased and plus some.
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Cobra
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Re: 10/03/2011 Intraday Watering

Post by Cobra »

2 bar reversal, I'm disappointed. only 5 min left...
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SB73
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Re: 10/03/2011 Intraday Watering

Post by SB73 »

Bear flexing muscles...trying to catch a few pennies might rip your face off.
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Al_Dente
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Re: 10/03/2011 Intraday Watering

Post by Al_Dente »

heavenskrow wrote:
Al_Dente wrote:
heavenskrow wrote:WOW UUPT IS ONE OF THE WORST leveraged ETFs I have EVER HELD. although im up on it, I think something fishy is going on.....

It does not track the UUP at all and there are wild price swings up and down...
Heaven: I don't understand
how UUP meandering
and UUPT (3x) crazy squeeze up?
thats what i dont understand either!!
thats why i think its kind of shady...but its the only long dollar 3x leverage etf....=[
got it from [edit: clark & ultra]; low volume; too thin
Last edited by Al_Dente on Mon Oct 03, 2011 3:56 pm, edited 1 time in total.
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
rpccharts
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Re: 10/03/2011 Intraday Watering

Post by rpccharts »

Looks like we close on all major sectors/indices with a lower low on light volume.... we can go lower....1070 area
ultramarine
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Re: 10/03/2011 Intraday Watering

Post by ultramarine »

heavenskrow wrote:
Al_Dente wrote:
heavenskrow wrote:WOW UUPT IS ONE OF THE WORST leveraged ETFs I have EVER HELD. although im up on it, I think something fishy is going on.....

It does not track the UUP at all and there are wild price swings up and down...
Heaven: I don't understand
how UUP meandering
and UUPT (3x) crazy squeeze up?
thats what i dont understand either!!
thats why i think its kind of shady...but its the only long dollar 3x leverage etf....=[
UUP is up 0.83% and UUPT is up 2.5%. Makes sense.
contra
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Re: 10/03/2011 Intraday Watering

Post by contra »

Al_Dente wrote:
heavenskrow wrote:
Al_Dente wrote:
heavenskrow wrote:WOW UUPT IS ONE OF THE WORST leveraged ETFs I have EVER HELD. although im up on it, I think something fishy is going on.....

It does not track the UUP at all and there are wild price swings up and down...
Heaven: I don't understand
how UUP meandering
and UUPT (3x) crazy squeeze up?
thats what i dont understand either!!
thats why i think its kind of shady...but its the only long dollar 3x leverage etf....=[
got it from [edit: clark & ultra]; low volume; too thin
Yup. This is how I got stopped out 10 days back. I swore off of it forever. Even at-the-money options on UUP are *less* volatile.
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jarbo456
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Re: 10/03/2011 Intraday Watering

Post by jarbo456 »

wow. new LOD on spy.
Mongoose
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Re: 10/03/2011 Intraday Watering

Post by Mongoose »

Cobra wrote:
Mongoose wrote:
Cobra wrote:hmm, weak, I was a little bullish biased today, kept thinking of 2 legged rebound. :(

Do your indicators suggest further downside tomorrow?
strong sell off like today means lower low ahead. but since it's 3 MDD, so most like a rebound of some kind is close, maybe turnaround Tuesday after a sharp morning dip? :shock:
That sounds likely.
Based on the way the indicators are reading now, no big gap up tomorrow morning before the bell.
(Sarah Bloom Raskin speaks -- that will be an eye closer. And Bernanke. What more can he say he hasnt already?)

Thanks Cobra. You da snake.
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Cobra
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Re: 10/03/2011 Intraday Watering

Post by Cobra »

well, guess that's it for today, it looks like a breakdown then consolidation below the breakdown area therefore the big picture doesn't look good. thank you ladies and guys, I'll see you tomorrow.
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soku
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Re: 10/03/2011 Intraday Watering

Post by soku »

soku wrote:div everywhere. expecting a small reb. may last to tomorrow
wow not sure what's going on. i see tons of sell orders cross the board. something is going on. play safe people.
cash is king. preserve capital
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Petsamo
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Re: 10/03/2011 Intraday Watering

Post by Petsamo »

Maybe a good time to go long is when we get two surprise gap ups.
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jason_70
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Re: 10/03/2011 Intraday Watering

Post by jason_70 »

I expected 1050, but it looks like this doesnt even want to wait until friday. :-)
Thanks cobra for your hard work.
Cobra wrote:well, guess that's it for today, it looks like a breakdown then consolidation below the breakdown area therefore the big picture doesn't look good. thank you ladies and guys, I'll see you tomorrow.
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