11/03/2011 Intraday Watering

[Dow Trader]

After 3 days of fighting with no real direction or channel, now we have one finally .. lets see if it holds

[Al_Dente]

Nice .... I always use multiple ... :That's a good song....

Also check XLB:XLP ratio for aggressive versus defensive, used by “rhight” on this board.
Re Marley: He was a gift. Saw him once in Los Angeles. Took all his free time before and after concerts to visit all the kids centers in LA, just sat and talked to the kids….
Update
http://stockcharts.com/h-sc/ui?s=$NYDEC ... =246211365

[h2oskier]

good morning cobra . did you parents go away safe?
when we get consolidation sometimes you say , consolidation here no good consolidation good for bulls . no good for bulls
so you reference that a consolidation under resistance BEARISH?
and a consolidation above support BULLISH ?

like rich now seems we are consolidating below resistance so..... would be ????? THANKSSSSS

consolidation more often means continuation, all you need are to remember this.

who was it that had the acronym "JBTFD"?

It all started with Cramer's "BUY BUY BUY", or "BUY THE DIP". One of the Tyler's on ZH, simply to poke fun at Cramer came up with BTFD (Buy The F'ing Dip) and now a few hear at the Just Buy...

[Tabby]

someone asked about TVIX as day trade or hold longer
...
you can certanily hold this for periods of time - at least time like this.
find a nice low entry point - anything below 50 is brilliant - at 54 now is ok - that is my entry today.
will see how euphoric any euro 'resolution' is - but my guess is the VIX starts its upward creep through this month....
August this year was a brilliant hold on TVIX
you need to have a strong heart to hang in the Trader Vix too. very up and down.
set your risk limits and then get onboard

TVIX is an ETN. people who hold DXO thought the same thing and they woke up in the morning and found out the DXO was closed. DTO is still exist but how long / who knows?
ETF is slightly different story. I was lucky I was able to get out with $1000 loss 4 days in 2009 before this happened. my fund was already in my account. Newbies should stay away this type of gamblings, imho.
Some professional traders told me to read and learn the difference b/w ETN and ETF before investing more than a day.

[uempel]

Update:

[MrMiyagi]

SPY has filled Tuesdays gap down but Monday's is still there around 128.20$ or so.

[pady]

This looks very bullish.

[99er]

Update

RUT http://99ercharts.blogspot.com/2011/11/rut_2766.html

Close.

[Petsamo]

UNG has a wedge

[Tabby]

SPX
http://99ercharts.blogspot.com/2011/11/spx_6135.html

Paging Tabby...

How about 1254? just to makes bulls happy.

[SB73]

Wedges and bear flags everywhere back on the dark side

[quientuves]

Bulls are complicating their lives here...

[tdo722]

there is nothing bullish about this market. as of right now.

[Al_Dente]

someone asked about TVIX as day trade or hold longer
you can certanily hold this for periods of time - at least time like this.
find a nice low entry point - anything below 50 is brilliant - at 54 now is ok - that is my entry today.
will see how euphoric any euro 'resolution' is - but my guess is the VIX starts its upward creep through this month....
August this year was a brilliant hold on TVIX
you need to have a strong heart to hang in the Trader Vix too. very up and down.
set your risk limits and then get onboard

TVIX is an ETN. people who hold DXO thought the same thing and they woke up in the morning and found out the DXO was closed. DTO is still exist but how long / who knows?
ETF is slightly different story. I was lucky I was able to get out with $1000 loss 4 days in 2009 before this happened. my fund was already in my account. Newbies should stay away this type of gamblings, imho.
Some professional traders told me to read and learn the difference b/w ETN and ETF before investing more than a day.

Very wise that Tabby

[maoof]

Do or die moment. Bears need to seize this moment or will be punished by 1255.

[99er]

Gee honey, remember this old tune?

http://www.youtube.com/watch?v=8XhQRFO4M7A

NSFW.

[BullBear52x]

UNG has a wedge

Need to see price a little higher, over all indicators are beauty

[pady]

@StrikePrice:

Your 1254 call from yesterday. Still holding.

[MrMiyagi]

Do or die moment. Bears need to seize this moment or will be punished by 1255.

I shorted 1 share SPY to get the ball rolling.

[Petsamo]

I sold my UNG for a whopping $3.50 profit. The good thing is the SPX declined during the time I was holding UNG.