12/22/2011 Intraday Watering

[Al_Dente]

Another 1 min intraday, just to show TNX going bonkers bull spy
Spy is ignoring it at the moment; NYADV ignoring it and droping UNDER our magic number 2000
http://stockcharts.com/h-sc/ui?s=SPY&p= ... listNum=15
PAGING Baron von Softie
http://www.youtube.com/watch?v=qMsiGMKH ... re=related

Internals, look at VIX and TNX what a mess at this moment.

Yes, the internals are playing their favorite game called “Let’s Stump the Old Man” (also officially known as “Oy” and “Sheesh”)
ATTENTION ADVANCE/DECLINE: Al will not be smacked upside the head today. AIN’T GONNA HAPPEN.
PS: kool-aid, IMHO, smoking-the-bong and beating-a-dead-horse: when all/most signals go wacky it usually precedes a BIG surprise move
[edit: music http://www.youtube.com/watch?v=Zf5UfOuv ... re=related

[bushwaffle]

I'm still not doing much..The R/RW is not worth the effort..I may wait until the last 2 days of the yr. and the first 3 days of next yr.The mkt will be closed early tomorrow and closed on mon.Of course I can always change my mind for a quick one. Lets see.

My schedule says tomorrow regular hours, closed monday

[KENA]

I'm still not doing much..The R/RW is not worth the effort..I may wait until the last 2 days of the yr. and the first 3 days of next yr.The mkt will be closed early tomorrow and closed on mon.Of course I can always change my mind for a quick one. Lets see.

My schedule says tomorrow regular hours, closed monday

You may be right.I thought I heard the mkt was closing at 2pm..Let me know if you hear for sure.

[johnnywa]

Attention skiers...

EU-ES http://99ercharts.blogspot.com/2011/12/eu-es_22.html

Precipice ahead.

ski_machine.jpg

That is so cool

[KENA]

I just did a double check and the mkt closes at 2pm fri.

[tdo722]

closed all of my TNA positions now for some decent profit. opened 1st batch spxu and a small batch tvix. Thanks bulltart.

[PRI]

I'm still not doing much..The R/RW is not worth the effort..I may wait until the last 2 days of the yr. and the first 3 days of next yr.The mkt will be closed early tomorrow and closed on mon.Of course I can always change my mind for a quick one. Lets see.

What closes early tomorrow? US equity markets close at the regular time.

[Al_Dente]

Where did Prince Uempel go?
Anyone have a link to support his “GS is selling” info?

[jarbo456]

Cobra, the hourly ended a green candle. Can you enlighten us what your experimental analysis says about this?

[jarbo456]

Where did Prince Uempel go?
Anyone have a link to support his “GS is selling” info?

I think he was joking Uncle Al. He was saying that their 2012 prediction is the current price...so now they're selling and going to horde their cash (I believe he was being facetious).

[BullBear52x]

Bull formation

[Al_Dente]

PAGING TABBY
Candlestick definition and recognition course by Steve Nison is linked below. 7 minute free download (adobe reader) is klunky but safe. U can printout the “Visual Glossary” starting page 215 and cut them into flashcards. http://www.traders-library.com/Trading% ... %20Course/

But based on the quality of the chart you posted yesterday, I think that book is too basic for you. He wrote other intermediate and advanced books that are better, available via this link (just search for his name), second choice, try Gregory Morris candle books.
http://www.traders-library.com/Trading%20Books/

PAGING Baron von Music … http://www.youtube.com/watch?v=PPbSYJ1L ... re=related

[Cobra]

well, pretty much a holiday market now, not much too say, except that the pattern looks not bad for bulls.

[PRI]

I just did a double check and the mkt closes at 2pm fri.

Where did you check? I just called the CBOE - regular close tomorrow.

[stucap]

well, pretty much a holiday market now, not much too say, except that the pattern looks not bad for bulls.

Decent risk/reward here for bears with the 200 day moving average only about 9 points above where we are trading but, I'd prefer to wait for another nonsensical push up before testing the waters with a short.

[KENA]

I just did a double check and the mkt closes at 2pm fri.

Where did you check? I just called the CBOE - regular close tomorrow.

Sorry ..I looked again and it says SIFMA closes at 2pm..I guess I need new glasses.

[sett44]

all we need is break up spx 1255-1260 )))

[jarbo456]

I just did a double check and the mkt closes at 2pm fri.

Where did you check? I just called the CBOE - regular close tomorrow.

i'm not seeing a holiday tomorrow. regular hours.

[Al_Dente]

Ode to $TNX…. http://www.youtube.com/watch?v=6GRuzaMwvrA

[janez]

looks like more up today.