02/03/2012 Intraday Watering

[SWalsh]

bull or bear count? either way this wave appears to be on its last leg.

Do I have you confused with the individual who left one forum where I read you were posting bullish opinions on one site, and bearish on another site? Sorry to ask, but I like to know what I'm looking at and from whom and if I have you confused with someone else who has "alpha" in his name I apologize. This individual went on to sell a pricey service.

Well alphahorn has a subscription service that is more expensive than most. I've never heard the story you refer to though.

FWIW I've known him for years and I think he's one of the best trader/analysts that I've seen.

Where's that quote from? It wasn't from the thread today as far as I can see.

The quote I posted is on page 3. I don't know him at all. But I just e-mailed an individual who used to post on that forum and I am correct and was told somewhere they have screen shots of screaming that the market is a sale while calling others dopes for being short. Now that you confirm he has a service, looks like you can pick the one that's right and show how you made the correct call, as long as you don't show both. I'm not interested in searching popular blogs today to see if he posted an opposing position on the market, but just doing that once is enough for me.

[Wallstreetrader]

Hi

Is these Wedge valid ?

[BullBear52x]

I don't understand the chart. Can you explain?

Check this out, if you got kill shorting here, you are dead in style.....

You are kidding right? focus on Neg D on carry trade.

[jarbo456]

[quote="Sleeperz"]The Fed's Dirty Little Secret - QE3 is Already Here

http://finance.yahoo.com/news/The-Fed-D ... 1.html?x=0

The Fed telling us there is no QE3 is like a vegetarian eating short-rib ravioli or pork eggrolls. Just because you can't 'see' meat doesn't mean it's not there.

True, there is no QE3 (yet) in the form of QE1 or QE2. QE stands for quantitative easing and quantitative easing happens when a central bank buys financial assets to inject money into the economy.

Even though it's not called QE3, the Fed is right now making billions of dollars available to buy financial instruments. We're not talking about Operation Twist here; we're talking about a covert operation that's essentially a U.S. bailout of Europe.


bears are screwed.

suspected qe3 was already in play...and the market price action is telling us it is...

divergences, low participation, and rocketing prices with little to no dips.

long and strong with blinders on is the name of the game folks.

[Cobra]

possible C&H. since it's uptrend, so I won't think it as double top.

[Tabby]

bull or bear count? either way this wave appears to be on its last leg.

Do I have you confused with the individual who left one forum where I read you were posting bullish opinions on one site, and bearish on another site? Sorry to ask, but I like to know what I'm looking at and from whom and if I have you confused with someone else who has "alpha" in his name I apologize. This individual went on to sell a pricey service.

Well alphahorn has a subscription service that is more expensive than most. I've never heard the story you refer to though.

FWIW I've known him for years and I think he's one of the best trader/analysts that I've seen.

Where's that quote from? It wasn't from the thread today as far as I can see.

The quote I posted is on page 3. I don't know him at all. But I just e-mailed an individual who used to post on that forum and I am correct and was told somewhere they have screen shots of screaming that the market is a sale while calling others dopes for being short. Now that you confirm he has a service, looks like you can pick the one that's right and show how you made the correct call, as long as you don't show both. I'm not interested in searching popular blogs today to see if he posted an opposing position on the market, but just doing that once is enough for me.

I know someone who subscribed to him once and she condsidered his website as waste of money. Cougar was right about his secrete indicators.

[BullBear52x]

I think they know I shorted this one ouch! gap up pass both critical fan line, a little more room to the up side if that's where they have in mind.

BB, I have a perfect tag...

Nice, hedging along, most call options were up >50%, cheap insurance. I see more extreme in many indicators something got to give.

I agree, the market only falls when nobody is protected, when everyone is "all in". If you look at the VIX in the last 20 years, when it hit this level there was a pullback of some sort - catching everyone off guard. I had a turn date of Jan 6th (+/- 3 days) for silver, today silver is pulling back. Don't know how long it will last, I guess as long as dollar finds support. There is a turn date for the market Jan 10th, could start to roll over soon...

http://evilspeculator.com/?p=26895

I looked at SLV chart lastt night, I know it's top but since I don't trade metal I said nothing about it.

[Wallstreetrader]

VIX and UPP Showing something but too early to confirm !

[BullBear52x]

No, not until a divergence is confirmed.

Check this out, if you got kill shorting here, you are dead in style.....

You are right not confirmed, but if I were to post confirmed signal it would not give anyone a heads up. we are all in search for an early indicator to position ourselves ahead of time, not to say buy or sell now, but lighten up to minimize lost or maximize gain.

[xglider]

Check this out, if you got kill shorting here, you are dead in style.....

Nice chart... you mean, you are a killer shorting here or got killed shorting here? It seems from the chart, this is the ideal entry point for shorting.

[springheel_jack]

bull or bear count? either way this wave appears to be on its last leg.

Do I have you confused with the individual who left one forum where I read you were posting bullish opinions on one site, and bearish on another site? Sorry to ask, but I like to know what I'm looking at and from whom and if I have you confused with someone else who has "alpha" in his name I apologize. This individual went on to sell a pricey service.

Well alphahorn has a subscription service that is more expensive than most. I've never heard the story you refer to though.

FWIW I've known him for years and I think he's one of the best trader/analysts that I've seen.

Where's that quote from? It wasn't from the thread today as far as I can see.

The quote I posted is on page 3. I don't know him at all. But I just e-mailed an individual who used to post on that forum and I am correct and was told somewhere they have screen shots of screaming that the market is a sale while calling others dopes for being short. Now that you confirm he has a service, looks like you can pick the one that's right and show how you made the correct call, as long as you don't show both. I'm not interested in searching popular blogs today to see if he posted an opposing position on the market, but just doing that once is enough for me.

Well, generally speaking if I'm smelling bullshit I don't feel any need to confirm with a taste test. I don't believe your friend. Let him prove that if he can, which I very much doubt.

Plenty of people out there happy to rubbish other bloggers & not too worried about checking facts. Not saying you're one of those as I don't know you. I do know alphahorn and I don't believe this story at all. I do know that alphahorn has had serious troll problems in the past when he ran a free blog and that's the main reason he closed his free blog. One of those trolls then haunted my blog for a while after I slapped him down at Alphahorn's blog. If that troll is your friend say hi from me.

[cougar]

I think they know I shorted this one ouch! gap up pass both critical fan line, a little more room to the up side if that's where they have in mind.

BB, I have a perfect tag...

Nice, hedging along, most call options were up >50%, cheap insurance. I see more extreme in many indicators something got to give.

I agree, the market only falls when nobody is protected, when everyone is "all in". If you look at the VIX in the last 20 years, when it hit this level there was a pullback of some sort - catching everyone off guard. I had a turn date of Jan 6th (+/- 3 days) for silver, today silver is pulling back. Don't know how long it will last, I guess as long as dollar finds support. There is a turn date for the market Jan 10th, could start to roll over soon...

http://evilspeculator.com/?p=26895

I looked at SLV chart lastt night, I know it's top but since I don't trade metal I said nothing about it.

Love to hear that!
AGQ has to close on next Friday under 63, since I already sold weekly calls at that strike!

[Wallstreetrader]

I am shorting to the Resistance

[uempel]

Just for fun: I posted this chart yesterday. Price action shows the validity of this specific ellipse.

[dcurban1]

The Fed's Dirty Little Secret - QE3 is Already Here

http://finance.yahoo.com/news/The-Fed-D ... 1.html?x=0

The Fed telling us there is no QE3 is like a vegetarian eating short-rib ravioli or pork eggrolls. Just because you can't 'see' meat doesn't mean it's not there.

True, there is no QE3 (yet) in the form of QE1 or QE2. QE stands for quantitative easing and quantitative easing happens when a central bank buys financial assets to inject money into the economy.

Even though it's not called QE3, the Fed is right now making billions of dollars available to buy financial instruments. We're not talking about Operation Twist here; we're talking about a covert operation that's essentially a U.S. bailout of Europe.


bears are screwed.

suspected qe3 was already in play...and the market price action is telling us it is...

divergences, low participation, and rocketing prices with little to no dips.

long and strong with blinders on is the name of the game folks.

The central bank coordinated swap move last year was the hidden bailout. A lot of people suspect that it was a covert bailout of a major European financial firm.

[Cobra]

Just for fun: I posted this chart yesterday. Price action shows the validity of this specific ellipse.

rr.png

seems the price broke every resistances you have here.

[uempel]

Quatzi, looks as though your signal at 10.45 am was more precise than mine at 11 am...

[BullBear52x]

Check this out, if you got kill shorting here, you are dead in style.....

Nice chart... you mean, you are a killer shorting here or got killed shorting here? It seems from the chart, this is the ideal entry point for shorting.

Yes, I meant top is in sight, lighten up longs or start finding new short entry.

[Al_Dente]

1m
http://stockcharts.com/h-sc/ui?s=SPY&p= ... =250028427

BARON u’d think after so many years we’d be smarter...
All I kno is that pro short sellers are mostly VERY smart people and they set meticulous stops to ensure that they live to see the next short opportunity,
and when they are right, they hit it big, BIG, often far in excess of stopped losses.
It’s the potential for massive acceleration on the downside. What’s the old saying? Stairway up, elevator down, something like that…
I get scalper munchies intraday, u will get the big one (if it ever comes) on the short side…

[quatzl]

Quatzi, looks as though your signal at 10.45 am was more precise than mine at 11 am...

It was a small signal. I am definitely intrigued by your ellipses. Noon should be interesting. Current pattern seems to be ending about then.