12/19/2011 Intraday Watering

[oldpigwang]

Cobra: I bought spy put according to your week end mkt report. You are right again.
So proud of you. Thank you.

[Mr. BachNut]

broke the trend line, still not much to say. Until bears breaks below 12/14 lows decisively, it's still a consolidation pattern which is not good for bulls but still cannot prove bulls are dead.

XLF has had a pretty decisive breakdown at this point. IMO

[Me XMan]

SPX 1200 coming soon to theater near you.

[uempel]

Update - please do not trade according to my predictions, because they can be 100% wrong - i.e that SPX 1213 is the starting point for a thrust to the downside... Always check your own indicators for confirmation.

[uempel]

Update with close-up, signal scheduled for 11.40 am

[dr659]

broke the trend line, still not much to say. Until bears breaks below 12/14 lows decisively, it's still a consolidation pattern which is not good for bulls but still cannot prove bulls are dead.

Why do you use SSO instead of SPY sometimes on your charts ? ( I think you explained it at one time but I cant remember) Thanks

[noob]

broke the trend line, still not much to say. Until bears breaks below 12/14 lows decisively, it's still a consolidation pattern which is not good for bulls but still cannot prove bulls are dead.

Why do you use SSO instead of SPY sometimes on your charts ? ( I think you explained it at one time but I cant remember) Thanks

Dividend on friday.

[uempel]

Update:

[taggard]

http://lasertrader.wordpress.com/2011/1 ... -think-so/

justin mamis sentiment cycle--fun stuff. the first chart is the theory--the second chart is current spx action.

[99er]

Updates

Copper http://99ercharts.blogspot.com/2011/12/copper_469.html
Crude http://99ercharts.blogspot.com/2011/12/crude_19.html

[johnnywa]

Wow Europe went to porty pot and let there load drop at close...whoosh

[99er]

Updates

Gold http://99ercharts.blogspot.com/2011/12/gold_19.html
Silver http://99ercharts.blogspot.com/2011/12/silver_19.html

[dr659]

broke the trend line, still not much to say. Until bears breaks below 12/14 lows decisively, it's still a consolidation pattern which is not good for bulls but still cannot prove bulls are dead.

Why do you use SSO instead of SPY sometimes on your charts ? ( I think you explained it at one time but I cant remember) Thanks

Dividend on friday.

Thanks

[Me XMan]

FLUSH IT!

Wow Europe went to porty pot and let there load drop at close...whoosh

[99er]

Updates

Dollar http://99ercharts.blogspot.com/2011/12/dollar_19.html
30-Year http://99ercharts.blogspot.com/2011/12/30y_19.html

[99er]

Say honey...

http://99ercharts.blogspot.com/2011/12/cop_19.html

Where's that cop?

[Be4chst]

TVIX is broken. Market has been dropping but TVIX is not advancing. Does anyone know why? Thanks!

[FinancePhD]

It is just a boring range day, why VIX should follow up? Besides, VIX is more of a trace of the past rather than a predict of the future.

[Me XMan]

I'll cover when SPX hitting 1198

[spark]

Cobra, Can you give us outlook for today?