Re: 02/28/2011 Intraday Watering
Posted: Mon Feb 28, 2011 4:00 pm
great call!Cobra wrote:See, exactly what I planned before lunch, right? Now let's see how this rebound goes...
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02/28/2011 Intraday Watering
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Re: 02/28/2011 Intraday Watering
Posted: Mon Feb 28, 2011 4:07 pm
SPX
About as exciting as last night's Oscars, eh?
http://99ercharts.blogspot.com/2011/02/spx_4377.html
Support and resistance...that's the boring plot line.
About as exciting as last night's Oscars, eh?
http://99ercharts.blogspot.com/2011/02/spx_4377.html
Support and resistance...that's the boring plot line.
Re: 02/28/2011 Intraday Watering
Posted: Mon Feb 28, 2011 4:07 pm
Here is the latest photo of my odd charts with long high low touching 1342.32. Has been happening all day.
Re: 02/28/2011 Intraday Watering
Posted: Mon Feb 28, 2011 4:08 pm
I truly hope so since I'm in the process of buying a house ...Cobra wrote:Who cares. Obama could order to buy all the houses and everyone gets a free house. YES WE CAN!greenback wrote:While mortgage originations have risen for three consecutive quarters, total mortgages serviced fell another 2% in 2010. How so? Refinancings - which just roll-over pre-existing debt - account for 78% of all new mortgages. And foreclosures - which shrink the book value of loans outstanding - remain at all-time highs.
Re: 02/28/2011 Intraday Watering
Posted: Mon Feb 28, 2011 4:11 pm
2 bar reversal and strong follow through, let's watch carefully. The last bull bar of the last hour? I sure hope not but judging by the volume on the last bull bar, bull needs to be careful here.
Re: 02/28/2011 Intraday Watering
Posted: Mon Feb 28, 2011 4:34 pm
good, now the next resistance which happens to be the Fib 61.8 of today's range.
Re: 02/28/2011 Intraday Watering
Posted: Mon Feb 28, 2011 4:35 pm
Another very bullish bar!
Re: 02/28/2011 Intraday Watering
Posted: Mon Feb 28, 2011 4:39 pm
Bear might not want to bet tomorrow. I sure hope a surge high before the close so that I can sell into the strength!greenback wrote:Another very bullish bar!
Re: 02/28/2011 Intraday Watering
Posted: Mon Feb 28, 2011 4:42 pm
Still fighting under resistance. A consolidation here would be good for bulls. Give me the last surge please!
Re: 02/28/2011 Intraday Watering
Posted: Mon Feb 28, 2011 4:43 pm
Do you mean sell out of your long, or initiate short?Cobra wrote:Bear might not want to bet tomorrow. I sure hope a surge high before the close so that I can sell into the strength!greenback wrote:Another very bullish bar!
Re: 02/28/2011 Intraday Watering
Posted: Mon Feb 28, 2011 4:46 pm
Sell long. I still hold short for trying the new strategy. Don't care if it wins or not but sure hope it could win.jwishbone wrote:Do you mean sell out of your long, or initiate short?Cobra wrote:Bear might not want to bet tomorrow. I sure hope a surge high before the close so that I can sell into the strength!greenback wrote:Another very bullish bar!
Re: 02/28/2011 Intraday Watering
Posted: Mon Feb 28, 2011 4:47 pm
I hope some of you took this last week when I posted the chart - ! 
gold is really dragging here - any thoughts as to why it is lagging?
gold is really dragging here - any thoughts as to why it is lagging?
Re: 02/28/2011 Intraday Watering
Posted: Mon Feb 28, 2011 4:48 pm
Bigger picture, as long as no new high tomorrow, bears still have chances because for the equally 3 down days vs 3 up days, bulls couldn't recover all the losses therefore bears are stronger. So we need watch if bull could make a new high tomorrow.
Re: 02/28/2011 Intraday Watering
Posted: Mon Feb 28, 2011 4:50 pm
If NDX could get over the trendline and break into the gap from last week we could get a bull move that would take us through April/May I think. 
maybe!
maybe!Re: 02/28/2011 Intraday Watering
Posted: Mon Feb 28, 2011 4:51 pm
Pullback to trendline on volume surge, I might get the last surge I want, praying... 
Re: 02/28/2011 Intraday Watering
Posted: Mon Feb 28, 2011 4:55 pm
Final photo today. Has been bouncing high and low to 1324.32 all day. Extremely odd and unable to use high and lows for trendlines or PSAR. So added MA ribbon for guidance.
Re: 02/28/2011 Intraday Watering
Posted: Mon Feb 28, 2011 4:59 pm
This close is very, very bullish.
Re: 02/28/2011 Intraday Watering
Posted: Mon Feb 28, 2011 4:59 pm
Here we go, that's it for today. Today 2 reversals are all 3 push (Up and down) reversals, very typical. Thank you guys, I'll see you tomorrow!
Re: 02/28/2011 Intraday Watering
Posted: Mon Feb 28, 2011 5:01 pm
Looks like you got what you wished for.Cobra wrote:Pullback to trendline on volume surge, I might get the last surge I want, praying...
