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Re: 03/30/2011 Intraday Watering

Posted: Wed Mar 30, 2011 2:34 pm
by chickencoop
Me XMan wrote:Still got my SDS and want to see how it closes today.
simpletrader wrote:
uempel wrote:Bye guys, I'm off for today (and I have not yet covered my shorts).
what is your entry point for short?
same here.

Re: 03/30/2011 Intraday Watering

Posted: Wed Mar 30, 2011 2:34 pm
by Cobra
simpletrader wrote:
uempel wrote:Bye guys, I'm off for today (and I have not yet covered my shorts).
what is your entry point for short?
See his chart before, I think he stated the entry point clearly.

Re: 03/30/2011 Intraday Watering

Posted: Wed Mar 30, 2011 2:34 pm
by Tabby
Any thoughts on $RUT?

Re: 03/30/2011 Intraday Watering

Posted: Wed Mar 30, 2011 2:38 pm
by MIB
[/quote]"BullBear52x"]IWM and TRAN is flat top like intraday, I think the highs are in on them.[/quote]
Agreed re: IWM, it appears to be very likely that it will have a decent pullback from here.

Re: 03/30/2011 Intraday Watering

Posted: Wed Mar 30, 2011 2:40 pm
by BullBear52x
Tabby wrote:Any thoughts on $RUT?
A little more to go to max out.

Re: 03/30/2011 Intraday Watering

Posted: Wed Mar 30, 2011 2:43 pm
by KENA
The SPX and COMP are over bought. The RSI and STO are at a high point and are rounding the tops for a decline. I don't think the mkt will go much higher and we have Cobra's Bearish last 2 days coming up.

Re: 03/30/2011 Intraday Watering

Posted: Wed Mar 30, 2011 2:46 pm
by Tabby
Thanks Bullbear.
Back in 10/12/2007, the highest it is ever been 852.06. My charts only go to 2007. I think it is time for slight pull back, not in TZA yet.

Re: 03/30/2011 Intraday Watering

Posted: Wed Mar 30, 2011 2:46 pm
by BullBear52x
MA on TRAN is turning now. and Vix is crepping up

Re: 03/30/2011 Intraday Watering

Posted: Wed Mar 30, 2011 2:48 pm
by BullBear52x
Tabby wrote:Thanks Bullbear.
Back in 10/12/2007, the highest it is ever been 852.06. My charts only go to 2007. I think it is time for slight pull back, not in TZA yet.
I trade TZA also, I will post when I get in.

Re: 03/30/2011 Intraday Watering

Posted: Wed Mar 30, 2011 2:54 pm
by Cobra
Some support here, breakdown would mean the 30 min OR high will get tested.

Re: 03/30/2011 Intraday Watering

Posted: Wed Mar 30, 2011 2:56 pm
by Tabby
Thanks alot. Do you trade TQQQ/SQQQ? Not much volume but they are 3x, (not direxion etfs/inverse etfs). I heard shorting SQQQ when market going up much much easier!!!!!!!!!!

Re: 03/30/2011 Intraday Watering

Posted: Wed Mar 30, 2011 2:58 pm
by BullBear52x
Tabby wrote:Thanks alot. Do you trade TQQQ/SQQQ? Not much volume but they are 3x, (not direxion etfs/inverse etfs). I heard shorting SQQQ when market going up much much easier!!!!!!!!!!
No

Re: 03/30/2011 Intraday Watering

Posted: Wed Mar 30, 2011 3:10 pm
by zombiebraingoo
Tabby wrote:Any thoughts on $RUT?
leading the way to higher highs...June or july :shock:

Re: 03/30/2011 Intraday Watering

Posted: Wed Mar 30, 2011 3:10 pm
by BullBear52x
Can we say LL can be identified now SPY here

Re: 03/30/2011 Intraday Watering

Posted: Wed Mar 30, 2011 3:13 pm
by 99er

Re: 03/30/2011 Intraday Watering

Posted: Wed Mar 30, 2011 3:23 pm
by Cobra
My guess is a push up before the close to scare all the bears.

Re: 03/30/2011 Intraday Watering

Posted: Wed Mar 30, 2011 3:23 pm
by Tabby
Thanks Zombie,
I am thinking for short term period.

Re: 03/30/2011 Intraday Watering

Posted: Wed Mar 30, 2011 3:29 pm
by Cobra
Hmm, seems a little Descending Triangle here?

Re: 03/30/2011 Intraday Watering

Posted: Wed Mar 30, 2011 3:30 pm
by Me XMan
Counting on they're done jamming for EOM statements and then crapping out.
Cobra wrote:My guess is a push up before the close to scare all the bears.

Re: 03/30/2011 Intraday Watering

Posted: Wed Mar 30, 2011 3:32 pm
by BullBear52x
Cobra wrote:My guess is a push up before the close to scare all the bears.
All I am telling myself is don't do anything stupid, any position longs or shorts at this jucture is especially small on my account. no sell signals on my system. Not yet. well I am always late to the party :P