12/29/2011 Intraday Watering

[cougar]

Baron von Frontrunnnnn
Why do u watch IWM instead of the underlying $RUT...5min....
http://stockcharts.com/h-sc/ui?s=SPY&p= ... =249026794

I watch IWM because I am working TNA

There is an additional reason to watch IWM or $RUT. Many traders think that the summation of the Santa Claus Rally and the January Effect is reflected mainly on the small caps…which are the main candidates to go up nicely...Indeed…today, already, all my small cap stocks are up significantly, as a %.

hi cougie
I know u like spreads, but this is extreme, ouch (it’s arguably the most famous dance clip in film history, a national treasure,
noted for the spread action at the 2:24 mark)
http://www.youtube.com/watch?v=fNKRm6H- ... re=related

Hey Al! Yes, nice dance ..but talking about spreads…this is not a great time for spreads, right now!
In Oct, Nov, and even the first part of Dec, I did well by selling front month options, obviously, because the VIX had an UP bias. But now, it has a down bias. And I have to go strictly with the short term trend…Very frustrating…
Today, I could have gotten creamed with my leftover overnight puts but I had QQQ and AMZN puts and no SPY positions. I was simply lucky and got out in time. Now I am waiting for some divine inspiration…LOL!
Hopefully, we’ll find the magic trick next year!

[wayne0708]

nothing to say, looks like a typical 3 push up (aka Rising Wedge).

I like you imagination, Cobra as i'm TVIX holder lol

[BullBear52x]

I can smell bull tap so long TNX is dead as is.

I hope your right, looking for TZA to hit my MM target

If you going to short, IWM is sure a weakest link. well under 200ma (aka 5dma)

[Al_Dente]

I can smell bull tap so long TNX is dead as is.

Dude you can be mean to TNX all you want
Just DO NOT be mean to Mishka
http://www.youtube.com/watch?v=OnYt_g9G ... ure=relmfu


are we gonna make a new high or not?
1min... http://stockcharts.com/h-sc/ui?s=SPY&p= ... listNum=15

[Tabby]

So honey...what's for lunch?

SPX http://99ercharts.blogspot.com/2011/12/spx_7838.html

Care for a MACD cross?

Thanks ,I'm trying to make up my mind, this may help if it crosses.

99er,
Sorry to bother you. Do you have function of MACD on your indicator screen? what you are showing is MACD Histogram, Your chart is very precise. What I see on my 60 min chart is that MACD is curling up. Of course your time frame is different than mine. Other parameters are eh. Thanks.
http://stockcharts.com/h-sc/ui?s=$SPX&p ... &cmd=print

This is 15 mins looks like making decision ,
http://stockcharts.com/h-sc/ui?s=$SPX&p ... &cmd=print

[waverider]

Thanks BB! Not looking like it gets reached at this point. Notes breaking out Al, what's the news?

[TraderGirl]

So honey...what's for lunch?

SPX http://99ercharts.blogspot.com/2011/12/spx_7838.html

Care for a MACD cross?

Thanks ,I'm trying to make up my mind, this may help if it crosses.

99er,
Sorry to bother you. Do you have function of MACD on your indicator screen? what you are showing is MACD Histogram, Your chart is very precise. What I see on my 60 min chart is that MACD is curling up. Of course your time frame is different than mine. Other parameters are eh. Thanks.
http://stockcharts.com/h-sc/ui?s=$SPX&p ... &cmd=print

This is 15 mins looks like making decision ,

Looks like if RSI stays below 70, we are still headed lower...
http://stockcharts.com/h-sc/ui?s=$SPX&p ... &cmd=print

[TraderGirl]

So far Silver has been unable to close below 2618...

[BullBear52x]

Looks like I am getting lucky again tomorrow. cross my fingers

[bullybear]

Well guys it been lovely. Time for a Latitude change. Stern warning to bull – Commercial credit markets in secondary countries are frozen evidence Ted & Libor steady climb + a couple well placed contacts. Same circumstances developing now as 2008, spell troubles ahead – not a matter of if but when – this time uncle benny hands tied so no ppt to rescue.

One man junk another man treasure and for a man willing to risk his fortune there hundreds at his disposal willing to work, hope and pray for security. I really do love generous bull as in 2009 and finally “Aye Quit” – Thank You!

From San Diego 7,522 nautical miles, destination 35°18′S, 149°08′E

Good Luck Bears!

[Cobra]

ok, so far goes as planned.

[waverider]

So far Silver has been unable to close below 2618...

yep, double bottom with 9/26. 1544 is big resistance for gold.

[TraderGirl]

Looks like I am getting lucky again tomorrow. cross my fingers

Are you short?

[Al_Dente]

Notes breaking out Al, what's the news?

Say that again?
(SLV squeeze)

[Cobra]

basically, bears don't want to see another push up here because it'd be then an Ascending Triangle in the forming. So bears pray here.

[Al_Dente]

Just because Cobra says “bears pray here”, that is no excuse for anyone named Baron to post a picture of that ugly dog praying...

[99er]

Update

AUDJPY-ES http://99ercharts.blogspot.com/2011/12/ ... _1213.html

Slight extension.

[waverider]

Say that again?
(SLV squeeze)[/quote]

Your precious TNX is falling.

Short silver? Your a few months late

[BullBear52x]

Looks like I am getting lucky again tomorrow. cross my fingers

Are you short?

Yes, playing evil side for now.

[L_T]

Well guys it been lovely. Time for a Latitude change. Stern warning to bull – Commercial credit markets in secondary countries are frozen evidence Ted & Libor steady climb + a couple well placed contacts. Same circumstances developing now as 2008, spell troubles ahead – not a matter of if but when – this time uncle benny hands tied so no ppt to rescue.

One man junk another man treasure and for a man willing to risk his fortune there hundreds at his disposal willing to work, hope and pray for security. I really do love generous bull as in 2009 and finally “Aye Quit” – Thank You!

From San Diego 7,522 nautical miles, destination 35°18′S, 149°08′E

Good Luck Bears!

The_Aye_Quit.jpg

bye_for_now.jpg

Cobra I think we finally found your yacht......