01/20/2012 Intraday Watering

[SWalsh]

SWalsh

Both. And add WordPress.

What would Wordpress do for me?

[Cobra]

I am new to this board/site. Seems to me that most want a "top" and are searching very hard to find it. Im seeing alot of evidence via charts and indicators that it should of happen several trading sessions ago but the market just keeps melting up. I have a question, Are most on here looking for this top to be a LT top or a short term top which would mean the market could pullback to the 1280s and continue higher or possibly the top for many months.

Welcome aboard!

I think most people here don't care many months, they just want short a top then cover in a day or two.

[stepture]

GM,
DBV and TNX is still strong, another 50 cents day today me thinks.

that's really strange, the liquidity inflow suddenly spiked since Wednesday. Don't know what's going on, someone knows something really good ahead of us. Just because I saw the liquidity wasn't strong enough, so I was so sure the top could be around. Now all of sudden everything changed.

I read that the rally into early July was caused by $76 billion pumped into the mkt by the Fed. which was the next largest amount compared to Oct 2008. A collapse followed:

Hi Cobra,

Where did you get this long term liquidity flow? It looks so good. Thanks.

[Cobra]

some resistances here.

[cougar]

Do not forget! Today is Jan OpEx and the bernank lets Da BoyZ engineer the numbers “as necessary“…
This is a also reflected in the lack of coordination between indices…to which other factors contribute as well: IBM , GOOG…etc…
Therefore, I am trying not to over-interpret some erratic moves today…

[Al_Dente]

15 min NAS
http://stockcharts.com/h-sc/ui?s=QQQ&p= ... =253605194

[99er]

Etta James

http://www.youtube.com/watch?v=YApNirMC9gM

RIP.

[mozart]

Silver and Gold seem to be on the fire today, something is in the cards?
Potential 2nd bailout for Greece?

[FinancePhD]

I ordered stuff from China, through Cobra's Amazon links of course. Assuming they put the stuff on a ship, does anyone have any guess how many days that ship will take to cross the Pacific?

1 week on the sea, 4-5 days for loading, clearance, etc.

[KENA]

To bad the dippers are back.

[stepture]

some resistances here.

Hi Cobra,

The Monthly long term impulse is 2nd green. Shall I start buying some stocks in 401K? Last time, you said we should wait for a while to see. Is it ok now? Many thanks.

[KENA]

Bye..I'm gone..Time to work out.

[FinancePhD]

It is 7:21pm Friday (EET) - Time in Greece

Why still NO news on their deal or not ?

They will work overnight or something?

[mozart]

Silver, weekly, heading to 37.50 area?

[TraderGirl]

Was reading that we won't top out and pull back till we get over 12800 on the Dow... only 120 points or so away to see what happens....

[Cobra]

some resistances here.

Hi Cobra,

The Monthly long term impulse is 2nd green. Shall I start buying some stocks in 401K? Last time, you said we should wait for a while to see. Is it ok now? Many thanks.

Last time, I said we should wait 5 days because if the first 5 days in a new year close in green, then 86% chances the year will close in green.

[mozart]

It is 7:21pm Friday (EET) - Time in Greece

Why still NO news on their deal or not ?

They will work overnight or something?

On BNN, they are closing deal ?

[Cobra]

hopefully this is a bull flag.l

[taggard]

I am new to this board/site. Seems to me that most want a "top" and are searching very hard to find it. Im seeing alot of evidence via charts and indicators that it should of happen several trading sessions ago but the market just keeps melting up. I have a question, Are most on here looking for this top to be a LT top or a short term top which would mean the market could pullback to the 1280s and continue higher or possibly the top for many months.

and this timing you are noting (which more or less the move over 1290 to 1305 or something of that sort in spx). but there is no reason why 1376 to 1340 won't hold first time someplace in there.

i don't know about everyone else but i would argue that we could easily go to 1500-1600 and still in the end be in a bear market like the 60s to 80s event. but any move up usually has pullbacks at least to the daily 20 ema at some point. so i have no clue about final top--i certainly hope they take it to 1500 and drop it to say 700 to 600 area--that would really build a nice base for some sort of longer term bull. and the move down would imply some sort of change going on which is what is missing here so far (in my opinion)

good luck with the site--there are a lot of good people here.

[FinancePhD]

It is 7:21pm Friday (EET) - Time in Greece

Why still NO news on their deal or not ?

They will work overnight or something?

On BNN, they are closing deal ?

CNBC: An IIF spokesman has confirmed that there will be no press conference today.

So I guess they will continue the talk next week.