12/14/2011 Intraday Watering

[michelangelo]

Double top and bear flag IMO

Double Top or Cup and Handle forming on the Russell 30 minute.

Momentum is still strong so I'm hoping c&h. went long at 39.70.

[BullBear52x]

I have no Neg. D to go with, more sideways to up I would guess.

[TWT]

SPX: The probability of an important bottom is increasing

[BlackThought]

hey cobra, do u have an affiliate ad for Ldproducts.com? i'm going to place a $1000 order for ink cartridges.

[BlackThought]

damn now i see the vista print ad, i just ordered $500 worth of christmas cards last week.

[Eagle_Eye]

santa coming to town IMO:

http://stockcharts.com/h-sc/ui?s=$SPX&p ... =251008969

maybe a couple more days of chop/retest, though don't think we close below 1205 area. Santa arrives next week. Not front-running this, though keeping it in the back of my head if 1200 holds.

[Me XMan]

Bear flags GALORE!

Double top and bear flag IMO

Double Top or Cup and Handle forming on the Russell 30 minute.

Momentum is still strong so I'm hoping c&h. went long at 39.70.

[uempel]

Bye guys, I'm off. I might go short at the close, but I'm not sure. Today's low at 1209 could be more important than anticipated. And I'm closing my longs now: A) resistance 1220 and B) I'm away for 2 hours and don't want to lose a few handlles...

[99er]

Update

SPX http://99ercharts.blogspot.com/2011/12/spx_6436.html

Down channel here?

[jimme]

more skiing... I will be selling all my SDS this PM. GLTA

[chocobee]

Bear flags GALORE!

Double top and bear flag IMO

Double Top or Cup and Handle forming on the Russell 30 minute.

Momentum is still strong so I'm hoping c&h. went long at 39.70.

I am with this naughty squirrel today - go bears!

[waverider]

Seriously this time, Bear spike becomes resistance?

[BullBear52x]

I am buying FAS, got to have to do it. lets go bulls! Tight stop o yaY GOT TO DO IT. I can smell bear trap somehow.

[stucap]

ES bear flag just broke with a 5 min MACD cross --- please tell me this isn't the mother of all buy signals

[TWT]

BUND (contrarian indicator) should have almost completed a TZZ wave (X)

[tapesense]

Nigel Farage ranting about withdrawal from EU. Taking their rehypothecation and going home. http://www.youtube.com/watch?v=tyh1gLXw ... re=related

[Al_Dente]

looking for a double bottom in silver near 28.50 to go long

INTRADAY gold looks like washout (bottom-ish) volume to me…. anyone?
[roadrunner: similar on silver]
Also, pink is TIP behind GLD, note extreme divergence. I’ve never watched TIP intraday before ….anyone?
http://stockcharts.com/h-sc/ui?s=GLD&p= ... =249221349

If it’s Wednesday (or any other day ending in “y”) its time for another metal scalp

[CognitiveDissonance]

Thanks Cognitive, you see that signal bar on the 5min on TVIX @ 9:45? The one with the big tail, perhaps no one wants to sell below it

OK, that's the 200 sma on the 5min on the vix.

[Cobra]

OK, bear flag broken on the downside as expected. I'm not sure this is the start of the 2nd leg down or the rebound has more to go though.

[chocobee]

looking for a double bottom in silver near 28.50 to go long

INTRADAY gold looks like washout (bottom-ish) volume to me…. anyone?
[roadrunner: similar on silver]
Also, pink is TIP behind GLD, note extreme divergence. I’ve never watched TIP intraday before ….anyone?
http://stockcharts.com/h-sc/ui?s=GLD&p= ... =249221349

If it’s Wednesday (or any other day ending in “y”) its time for another metal scalp

picked up 2500 shares of DGP and 500 shares of AGQ - I am gonna hold them until next week