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Re: 11/22/2011 Intraday Watering

Posted: Tue Nov 22, 2011 1:36 pm
by tdo722
We need another 15 minute candle outside the downtrend channel from Nov. 16th and we are home free to at least spx 1205.

Re: 11/22/2011 Intraday Watering

Posted: Tue Nov 22, 2011 1:38 pm
by SB73
SB73 wrote:A move this strong is rarely one legged...that is what the master taught me and I am taking advantage of a long.
Added on touch of the EMA 20. As this is a counter trend trade the stop is tight. As a whole, the trend is down and the core short position is still in tact.

Re: 11/22/2011 Intraday Watering

Posted: Tue Nov 22, 2011 1:38 pm
by MrMiyagi
fehro wrote:indicators showing strength
Indicators have been showing oversold for a few days. I think it is almost at a point where everyone is going to give up on the Bull and sell which will make the turning pivot to 1300 (ok not 1300 but 1220).

Re: 11/22/2011 Intraday Watering

Posted: Tue Nov 22, 2011 1:40 pm
by Seawaves

Re: 11/22/2011 Intraday Watering

Posted: Tue Nov 22, 2011 1:41 pm
by tdo722
please don't sideway on me bulls, please don't.

Re: 11/22/2011 Intraday Watering

Posted: Tue Nov 22, 2011 1:45 pm
by jaijailyc
a little more consolidation here and we can possibly make new highs of the day

Re: 11/22/2011 Intraday Watering

Posted: Tue Nov 22, 2011 1:45 pm
by BullBear52x
Bullish pitch fork,I am not buying in just yet.

Re: 11/22/2011 Intraday Watering

Posted: Tue Nov 22, 2011 1:48 pm
by Rip Van Trader
I love these tales of bankerly derring-do.

Re: 11/22/2011 Intraday Watering

Posted: Tue Nov 22, 2011 1:52 pm
by Me XMan
If bulls can close today in green, we're off to the races Wednesday.
That's the day I'll close long and go short.
tdo722 wrote:please don't sideway on me bulls, please don't.

Re: 11/22/2011 Intraday Watering

Posted: Tue Nov 22, 2011 1:53 pm
by rpccharts
Egan Jones With Latest Jefferies Shocker: "Unsustainable... We Will Cut Without A Major Deleveraging" http://t.co/9A2eVjP3” - How many hedge funds using 400x leverage ready to go belly up?

Re: 11/22/2011 Intraday Watering

Posted: Tue Nov 22, 2011 1:55 pm
by dcurban1
Failed bond auction in Latvia and 2 banks go belly up.

http://blogs.ft.com/beyond-brics/2011/1 ... z1eSMl9qKu

Re: 11/22/2011 Intraday Watering

Posted: Tue Nov 22, 2011 1:56 pm
by BullBear52x
Cup and handle, man all kinds of bull tracks.

Re: 11/22/2011 Intraday Watering

Posted: Tue Nov 22, 2011 1:56 pm
by Cobra
more up I guess.

Re: 11/22/2011 Intraday Watering

Posted: Tue Nov 22, 2011 1:57 pm
by pidge66
Cobra wrote:more up I guess.
h2 long off ma.

Re: 11/22/2011 Intraday Watering

Posted: Tue Nov 22, 2011 1:57 pm
by MrMiyagi
dcurban1 wrote:Failed bond auction in Latvia and 2 banks go belly up.
Latvia? It still exists?

Re: 11/22/2011 Intraday Watering

Posted: Tue Nov 22, 2011 1:58 pm
by 99er

Re: 11/22/2011 Intraday Watering

Posted: Tue Nov 22, 2011 2:00 pm
by Cobra
target. I don't believe this target, I just mean more up.

Re: 11/22/2011 Intraday Watering

Posted: Tue Nov 22, 2011 2:00 pm
by MrMiyagi
I think my screen is broken, it is showing green Nasdaq and S&P.

Re: 11/22/2011 Intraday Watering

Posted: Tue Nov 22, 2011 2:01 pm
by Me XMan
Give me one shoot up and BAMM! we're off to the races :D
Cobra wrote:target. I don't believe this target, I just mean more up.

Re: 11/22/2011 Intraday Watering

Posted: Tue Nov 22, 2011 2:04 pm
by uempel
pady wrote:
uempel wrote:The outer shell of an ellipse gives a signal - this one was perfect:
The attachment xxx.png is no longer available
When you have so many ellipses, wouldnt any bounce be caught ? Just kidding. Can you tell me what this trading method is ?
Check crosshairs and shell of each ellipse, mathematical formula locked up at GS :D
ee.png