12/01/2011 Intraday Watering

[TWT]

SPX : The move to today´s hod is a 3-wave up leg. Then we have a questionable top.
If a top is in place (wave 3 or C/W) then we have to assume an Ending Diagonal with a truncated fifth

If lower initial target at extension 1x1 = 1233.46

[Al_Dente]

Okay Uempel, I’ll go with either “bone thugs and harmony” or the “marijuana cigar” then, thanks much for clarification, my english bad, u know, so I’m going to go with 1230 give-or-take +/- etc.
http://www.youtube.com/watch?v=_i5UL7Lq ... re=related

[uempel]

Last chart for today, bye guys. (Chart not very precise, it's my computer or stockcharts which ain't working well)

[Cobra]

just got back from my trip to China. Will look for the donation link in the next few days. thanks.

thank you.

[Al_Dente]

very ...http://www.youtube.com/watch?v=GIDZE96_ ... re=related

You see I am bull and bear, counter trend right now..... look's like your SLV is in trouble, second traped bulls is freaking out right now.

Dude, here’s how that works when u like bright shiny stuff, if SLV sucks, then u go to ZSL, sheeeesh, do I have to teach u everything?
http://www.youtube.com/watch?v=o-XNXSCE-Ek

[Cobra]

looks like my guess was wrong, bulls had a successful 2nd test, breakout above dashed blue line would confirm this. If indeed breakout the dashed line, it'll test the morning high then we shall see. lunch time, will be back.

[tdo722]

SPX : The move to today´s hod is a 3-wave up leg. Then we have a questionable top.
If a top is in place (wave 3 or C/W) then we have to assume an Ending Diagonal with a truncated fifth

If lower initial target at extension 1x1 = 1233.46

hey I also predicted wave 4 ended there 1233.46.

[stingrey]

ES update

I don't think your cloud is thick enough to hold those candles up...

[MrMiyagi]

Jobs report coming out tomorrow; I say it will be massaged like a prostate in a whorehouse and markets will ramp up.
Anyone care to chime in?

[KENA]

looks like my guess was wrong, bulls had a successful 2nd test, if breakout above dashed blue line, then it'll test the morning high then we shall see. lunch time, will be back.

Don't guess..Not good for my nerves.

[BullBear52x]

very ...http://www.youtube.com/watch?v=GIDZE96_ ... re=related

You see I am bull and bear, counter trend right now..... look's like your SLV is in trouble, second traped bulls is freaking out right now.

Dude, here’s how that works when u like bright shiny stuff, if SLV sucks, then u go to ZSL, sheeeesh, do I have to teach u everything?
http://www.youtube.com/watch?v=o-XNXSCE-Ek

hate to chat with Grumpy old man

[brokebybernacke2]

miyagi
yep agree, think 200 ma sp next target, low in. jmho

[MrMiyagi]

Thinking of selling my Ford stock I bought yesterday; in the green but missed the big move this morning as I was sleeping.
Hey what can I say, I live in the Pacific timezone...

[KENA]

Get up early.HA

[Al_Dente]

very ...http://www.youtube.com/watch?v=GIDZE96_ ... re=related

You see I am bull and bear, counter trend right now..... look's like your SLV is in trouble, second traped bulls is freaking out right now.

Dude, here’s how that works when u like bright shiny stuff, if SLV sucks, then u go to ZSL, sheeeesh, do I have to teach u everything? http://www.youtube.com/watch?v=o-XNXSCE-Ek

hate to chat with Grumpy old man

choppy update http://stockcharts.com/h-sc/ui?s=SPY&p= ... listNum=15

[KENA]

Looking for a test of 125.64 hod..Lets see.

[soku]

if es does not stop around 1248-1250, it could trigger a new round of short sqz.

[StrikePrice]

SPX : The move to today´s hod is a 3-wave up leg. Then we have a questionable top.
If a top is in place (wave 3 or C/W) then we have to assume an Ending Diagonal with a truncated fifth

If lower initial target at extension 1x1 = 1233.46

My Primary count agrees with an Ending Diagonal, but for now I'll focus on the fact we're still in the channel and I don't know why assume a truncated 5th...I think the 5 could make it up to 1,182.

[Me XMan]

Getting to my stop-loss $125.25...Today is not my day.

if es does not stop around 1248-1250, it could trigger a new round of short sqz.

[Me XMan]

Broke $125 so I guess it was a good bottom test.

looks like my guess was wrong, bulls had a successful 2nd test, breakout above dashed blue line would confirm this. If indeed breakout the dashed line, it'll test the morning high then we shall see. lunch time, will be back.