11/15/2011 Intraday Watering

[Richarab]

sipping on a gin and juice - at Trader Vix

[BullBear52x]

Bears looking better by minute, daily chart here guys, no joking no bullish

[taggard]

true--on options losing value--but not over 1-3 hours the swings are 30 min sequences (so far)

[BullBear52x]

IWM keep getting lower low of the day.

[KENA]

In with VHC earlier this morn for a long swing trade for a few days..Looks good..Wait and see.

[SB73]

Looks like a decending triangle.

[maoof]

Starting to think we'll see some more selling after lunch. I'm still looking to get into a long position for the rest of the week, but I'll wait to see if we get a rebound after 3PM. If it's strong I'll get long overnight, if not strong or no pullback, wait and see for tomorrow. Slow day so far.

[Dow Trader]

[MrMiyagi]

$NYAD at its lowest for the day.

[BullBear52x]

OK, now I can relax 124.5 newt target, and 123.5 to follow. after that the fat lady might sing or never show up at all.

[agnosia]

agreed. i've been watching eur/jpy cross and it lost very important 104.70 level.

lets all remember that this is opex week though so they are stop hunting and overall it's bullish biased. i am buying ALL dips for now.

went long /es 1243

[alvian33]

agreed. i've been watching eur/jpy cross and it lost very important 104.70 level.

lets all remember that this is opex week though so they are stop hunting and overall it's bullish biased. i am buying ALL dips for now.

went long /es 1243

Agnosia, you went long at 1245.5 also, did you get stopped out?

[DRL]

XLF at long term support / resistance right now (12.90). If this breaks significantly, indices may follow.

[99er]

So honey...shall we break for lunch?
SPX http://99ercharts.blogspot.com/2011/11/spx_6567.html

A nice MACD cross perhaps?

[MrMiyagi]

If SPY can muster something, we could get a 40, 45 cent bounce here.

[Cobra]

support, breakdown would be bad.

[tdo722]

can someone look over my T/A at the link below? I'm sorta a newb so just wanted to check in with you pros to see what I am missing from this T/A that I did.

http://farm7.static.flickr.com/6055/634 ... bf74_b.jpg

[dcurban1]

Don't forget that we have options expiration this week so we may see no real movement this week.

[Cobra]

target, if indeed breakdown.

[jarbo456]

support, breakdown would be bad.

a weak breakdown...which is worrisome. let's get a WOOSH down to 124.5 at least...