03/01/2012 Intraday Watering

[SB73]

OK what happened to Cobras Bear/Bull engulfing..I guess wait and see.

My understanding is it can't be bull engulfing because we gapped higher thereby not engulfing yesterday's move. Volume has totally dried up and so has volatility.

[Cobra]

Cobra,

If SPY stay here today, will this be a double top? or have we to see it tomorrow?

no decisive higher high, then we'll have to wait for tomorrow.

[waverider]

/CL at $108 and still climbing. Guess what, higher gas prices will hurt the economy.

[Cobra]

OK what happened to Cobras Bear/Bull engulfing..I guess wait and see.

sorry:

it's bullish bullish engulfing.

it's bullish bearish engulfing.

Even we have a bullish engulfing today, it's not bullish engulfing, it's called last engulfing top which suppose to be bearish but in fact it's bullish.

[TWT]

SPX: NOW OR NEVER !!!!!!!

[TraderGirl]

Looks like we need to test the 20dma on the daily, sitting around 1350-1355...

[jarbo456]

greek 1 year bonds, since this qe-ninja started around Dec. 19th, has gone from 330% yields to currently, 866% yields. i'm not sure how that translates to a "solved" greek issue...

[BullBear52x]

Heads up, EEM and XLF double top sell set up. not yet but close. this is for always sell the double top die-hard counter top only.

[Petsamo]

USO's in a nice looking ascending wedge

[knurbs]

Oil is going nuts! Somethings up.

[Cobra]

looks like more up here.

[soku]

OK what happened to Cobras Bear/Bull engulfing..I guess wait and see.

sorry:

it's bullish bullish engulfing.

it's bullish bearish engulfing.

Even we have a bullish engulfing today, it's not bullish engulfing, it's called last engulfing top which suppose to be bearish but in fact it's bullish.

what?
my google translator is broken. can somebody translate it into english, pls

[jimme]

SPX: Moment of truth for the reversal set up as price should not move above yesterday´s hod

(thewavetrading.com)

and leave the area as a lower high. Right here, right now. Good luck to all. jimme

[btran874]

Dow is affecting this market. She has trouble at 78.6% for some reason. Hurry the hell up.

[SuSu]

The Bank of Israel will begin today a pilot program to invest a portion of its foreign currency reserves in U.S. equities.



The investment, which in the initial phase will amount to 2 percent of the $77 billion reserves, or about $1.5 billion, will be made through UBS AG and BlackRock Inc. (BLK), Bank of Israel spokesman Yossi Saadon said in a telephone interview today. At a later stage, the investment is expected to increase to 10 percent of the reserves.

more at Zero Hedge

[SB73]

A little more up perhaps all the way into close

http://stockcharts.com/h-sc/ui

[TWT]

SPX: If higher high is what Mr market wants ....... No problem I have another ED option waiting .......

(thewavetrading.com)

[btran874]

SPX: If higher high is what Mr market wants ....... No problem I have another ED option waiting .......

(thewavetrading.com)

Haha, welcome to the club.

[TWT]

SPX: If higher high is what Mr market wants ....... No problem I have another ED option waiting .......

(thewavetrading.com)

Haha, welcome to the club.

I promise I have never seen something like this before ......

[btran874]

Please SPX, don't fade, please......