01/31/2012 Intraday Watering

[fehro]

small bear flag?... a break of the red lower flag... could result in a sharp move (1297ish).. grey channel forming?

[xglider]

volume surge, bears still have some hopes. please pray loud!

I'm praying, I'm praying!!!

[Al_Dente]

5 min. 5 million volume is another easy trade if you are nimble enough.

Baron every single one of those except 13 jan was vol on open
U follow or fade the open at 10:05 ET?

[Cobra]

channel. bears still in danger.

[FinancePhD]

It is useless for the bears to pray, because the dip will be bought again.

There is nothing that can correct the insanity of this market.

Not home sale price,

Not consumer confidence,

Not Chicago PMI.

Not Portugal yield,

Not Greek debt default.

Big Ben is the one who created this insanity and he must laugh at those bears somewhere behind the screens.

volume surge, bears still have some hopes. please pray loud!

[jimme]

Unfilled gap

Hi BB,

My complements on your wonderful charts. Do you have a program that marks lower lows? I would love to find one. I just bought some GLL calls. Hopefully everything will fall apart from here. Thanks again! jimme

[TraderGirl]

looks like low of Jan 27th is acting as resistance....??

[BullBear52x]

Here is a little longer time frame 10 min, if this bear flag breaks, we are heading to 128.5. bears wishful thinking? I don't think so.

[BullTart]

volume surge, bears still have some hopes. please pray loud!

LOL!

[Cobra]

this kind of pullback is not a good sign for bears. still need pray.

[Unique]

It is useless for the bears to pray, because the dip will be bought again.

There is nothing that can correct the insanity of this market.

Not home sale price,

Not consumer confidence,

Not Chicago PMI.

Not Portugal yield,

Not Greek debt default.

Big Ben is the one who created this insanity and he must laugh at those bears somewhere behind the screens.

volume surge, bears still have some hopes. please pray loud!

15% of Americans on food stamps and 1.5T deficit. 15T debt. Amazing.

[BullBear52x]

5 min. 5 million volume is another easy trade if you are nimble enough.

Baron every single one of those except 13 jan was vol on open
U follow or fade the open at 10:05 ET?

my rule of thumb always fade and hoping the volume will pick up some more as the price reverse.

[BullBear52x]

Unfilled gap

Hi BB,

My complements on your wonderful charts. Do you have a program that marks lower lows? I would love to find one. I just bought some GLL calls. Hopefully everything will fall apart from here. Thanks again! jimme

No program, I use 60min for cleaner and easy to identify the lows and the highs of it.

[Cobra]

evil plan. the major point is still there's at least one more push up.

[wayne0708]

volume surge, bears still have some hopes. please pray loud!

This is loudest i can scream!

[TWT]

SPX: Due to the fact that the corretive pattern is not clear below I have 2 potential options for a wave (4) of (C)

1. Triangle
2. Zig Zag or Double ZZ

[Al_Dente]

5 min. 5 million volume is another easy trade if you are nimble enough.

Baron every single one of those except 13 jan was vol on open
U follow or fade the open at 10:05 ET?

my rule of thumb always fade and hoping the volume will pick up some more as the price reverse.

I just knew u’d post that dang dog
BTW are u short FAS, no need 2 answer, am just guessing
Luv u,
Al
http://www.youtube.com/watch?v=xufxKCC1 ... re=related

[Cobra]

H1 long, let's see how my plan unfolds.

[BullBear52x]

SPX: Due to the fact that the corretive pattern is not clear below I have 2 potential options for a wave (4) of (C)

1. Triangle
2. Zig Zag or Double ZZ

Nice, like that.

[BullTart]

I've noticed something quite interesting... We could have a third repeat of a pattern I've been noticing.

If so, tomorrow morning could be a gap down.

Perhaps it will take a gap down to break under 1300.

Who said you can only gap up above resistance?

Question then becomes, will the gap down be bought like it has the previous two times? Perhaps not.