10/04/2011 Intraday Watering

[soku]

10yr got pressure. equity reb, eur reb. risk on target around 1095-1100

es 1095 here we r. i put on a trailing stop and will check back after lunch

[BullBear52x]

One more positive tick, bulls you can do it.

[AK84]

hey cobra

is this the reversal day u were talking about that is needed ?
more up tomorrow that should be a sell /

[agnosia]

buying some TZA here... if rut breaks 642 i was wrong and i am out..

[Cobra]

Rebounds of this entire down move.

it would get stronger and stronger.

[EvilTrader]

cobra

do you think today is a short term beear trap ?

[davros]

es

[wayne0708]

consolidation here is no good for bears?

[Al_Dente]

Paging BB52x
Well………..mmmm……….but…..rrrrrrr ……i capitulate?…. i mean….i apologize?

Update (“bulls”, aka wussie bears, are trying to take over the planet…….but they r still just flagging up to resistance on the 15min and 30m etc)
http://stockcharts.com/h-sc/ui?s=SPY&p= ... =244976875

[Be4chst]

cobra

do you think today is a short term beear trap ?

Bear trap occurs on uptrends, u mean bull trap?

[Cobra]

cobra

do you think today is a short term beear trap ?

I won't say that way, it's common to form a bear flag. again, it's rare the push down we had was just one legged especially we just broke a 2 months long consolidation area. I'd be very surprised to see the bottom was in.

[99er]

Updates

Copper http://99ercharts.blogspot.com/2011/10/copper_04.html
Crude http://99ercharts.blogspot.com/2011/10/crude_04.html
30-Year http://99ercharts.blogspot.com/2011/10/30y_04.html

[BullBear52x]

Paging BB52x
Well………..mmmm……….but…..rrrrrrr ……i capitulate?…. i mean….i apologize?

Update (“bulls”, aka wussie bears, are trying to take over the planet…….but they r still just flagging up to resistance on the 15min and 30m etc)
http://stockcharts.com/h-sc/ui?s=SPY&p= ... =244976875

Drum please! bulls is still far to be out of the wood, my position is for DT only.

[99er]

Updates

Gold http://99ercharts.blogspot.com/2011/10/gold_04.html
Silver http://99ercharts.blogspot.com/2011/10/silver_04.html

[agnosia]

buying some TZA here... if rut breaks 642 i was wrong and i am out..

bought 1/2 position now, looks like the retest will fail.

[Cobra]

pullback as I said. tinted area could be the target. I still expect another push up high later. today should be a strong uptrend day!

[BullBear52x]

TICK registered +1293 if we see new HOD today, more up side to come, right now people just fade the tick, patience.....

[99er]

RUT
Still looking bearish.
http://99ercharts.blogspot.com/2011/10/rut_04.html

[Cobra]

multiple supports here.

[EvilTrader]

cobra

what really scares me are bear market rallies...

the tend to be extremely violent and hurtful.