03/29/2011 Intraday Watering

[silverharp]

the last 40 min or so has an Ending Diagonal look about it?

[Cobra]

Market will not move substantially lower until interest rates start going up.

You can't make money putting it in the bank, real estate still going down, QE2, QE3, POMO supporting the market. Just completed a small correction over war and nuclear trouble, that the market basically yawned at .

Buy pullbacks instead of trying to short every blip and get stopped out. It's not that hard to make money.

Market have a way of pricing in events way in advance, so when will they price in the end of QE2 and interest rate rises, and escalating euro zone problems, plus one can say that the Japanese nuclear issue is not yet ended. Be careful.

Agree. We have lots of uncertainties here, cannot believe the market simply up and up and up from here.

[AK84]

Educational fun stuff. SELL AAPL if trade below 352 and under the green line.

Hi
What MA are u using as ur green line ? Thanks

[99er]

/ES and /ZB
The Long Bond may catch a strong bid soon.
http://99ercharts.blogspot.com/2011/03/es-zb_29.html

[BullBear52x]

Aha! now I got to have my seat betls on. Qs and IWM ma is pointing up now, SPY and DIA and TRAN not yet. VIX now below 200ma, short more here for a fight to trending turn.

[uempel]

Market will not move substantially lower until interest rates start going up.

You can't make money putting it in the bank, real estate still going down, QE2, QE3, POMO supporting the market. Just completed a small correction over war and nuclear trouble, that the market basically yawned at .

Buy pullbacks instead of trying to short every blip and get stopped out. It's not that hard to make money.

Market have a way of pricing in events way in advance, so when will they price in the end of QE2 and interest rate rises, and escalating euro zone problems, plus one can say that the Japanese nuclear issue is not yet ended. Be careful.

Agree. We have lots of uncertainties here, cannot believe the market simply up and up and up from here.

Comment today in the FT on this subject, executive summary: when QE2 ends rates will go down (yes down) and equities too. You might have to log into the website (?), but it's for free:

http://www.ft.com/cms/s/0/fcbc47d0-5961 ... z1I0AWdZN2

[BullBear52x]

Educational fun stuff. SELL AAPL if trade below 352 and under the green line.

Hi
What MA are u using as ur green line ? Thanks

Triangular 200ma, 1m chart, wroks real good if you trade the trend with a combination of 123 move.

[BullBear52x]

Aha! now I got to have my seat betls on. Qs and IWM ma is pointing up now, SPY and DIA and TRAN not yet. VIX now below 200ma, short more here for a fight to trending turn.

I mean a pull back to MA quicky quicky.

[Cobra]

Lots of call here, yeah, this is once in a life time opportunity to get rich, hurry up.

[Cobra]

I was wrong about the pullback but still pretty much in the resistance area.

[Me XMan]

Lost my lunch money
Market must getting hints on QE3

Lots of call here, yeah, this is once in a life time opportunity to get rich, hurry up.

[99er]

SPX
Back test of Rising Wedge.
http://99ercharts.blogspot.com/2011/03/spx_6996.html
Some fun soon...

[Cobra]

Lost my lunch money
Market must getting hints on QE3

Lots of call here, yeah, this is once in a life time opportunity to get rich, hurry up.

By the way, a market relies heavily on QE xxx, how sick the market is. Can Fed QE forever?

[BullBear52x]

Lost my lunch money
Market must getting hints on QE3

Lots of call here, yeah, this is once in a life time opportunity to get rich, hurry up.

By the way, a market relies heavily on QE xxx, how sick the market is. Can Fed QE forever?

Two choices, up interest or print. which is easier?

[Cobra]

Two choices, up interest or print. which is easier?

There's a limit in printing. At the very beginning printing makes US products cheaper thus good for export but when printing too much, since you still have to import, you can buy less and less therefore push up your own product's price. So there's a limit somewhere, you cannot print forever. If printing can solve every problem, how come in history we ever had the recession?

[stocksage]

Market will not move substantially lower until interest rates start going up.

You can't make money putting it in the bank, real estate still going down, QE2, QE3, POMO supporting the market. Just completed a small correction over war and nuclear trouble, that the market basically yawned at .

Buy pullbacks instead of trying to short every blip and get stopped out. It's not that hard to make money.

Market have a way of pricing in events way in advance, so when will they price in the end of QE2 and interest rate rises, and escalating euro zone problems, plus one can say that the Japanese nuclear issue is not yet ended. Be careful.

Agree. We have lots of uncertainties here, cannot believe the market simply up and up and up from here.

Market is reacting well to bad events, shouldn't that tell you something?

[Cobra]

Market is reacting well to bad events, shouldn't that tell you something?

That's because retailers are buying like crazy as they refuse to believe something bad is cooking. We'll see.

[BullBear52x]

Educaitonal Only, Short NFLX here.

[KENA]

Educaitonal Only, Short NFLX here.

I like shorting NFLX...I may waite for a bit...Don't need to hurry when it goes dn we will have time to get in.

[Cobra]

So far my evil plan goes well. I hope we could see a higher high today.