12/05/2011 Intraday Watering

[Al_Dente]

Al_ Dente, I always refer to EDT/NY, it's Greenwich minus 5 or CET minus 6. It's also the time which is on stockcharts... By the way: I asked you before, what is that vertical in your 1 min chart, the orange one

Orange line: don’t know what u mean… please clarify...happy to tell u if i can figure out what yr referring to...
If it is on the CURRENT minute it’s just stockcharts wacko yellowish/orangish dotted vertical (not mine) indicating current minute???.
Anyone?.....

this orange vertical line

THANKS BARON
THAT IS A WACKY STOCKCHARTS YELLOW DOTTED LINE. THAT IS NOT MINE.
Does everyone see that when u click on my charts?? I hate that.....and I DO NOT see it on mine. Any suggestions??
Now that everyone’s all up in my charts, I’d better clean up my act and quit goofing around.
Speaking of which WHERE IS 99er WITH HIS GORGEOUS CHARTS???

[ib612]

Master cobra, do you still maintain the view that this is a top and we are heading for a reversal?

[cougar]

When referring to patterns, like a triangle for example, I might say breakout when it breaks down, but normally I'll say breakdown out of a triangle.

When referring to support and resistance, a breakout for me is a break higher through resistance, and a breakdown is a break lower below support.

I'm pretty sure that is the most common usage (correct English is most often thought of as what most people say, and remember, languages - especially English - are dynamic and constantly changing and what most people may have said even 20 or 30 years ago can be very different from what we say today).

TG we don't have an Academy to watch over the purity of the English language...like the Frogs...
Apropos: breakout or breakdown from the Golden Triangle?

[BullBear52x]

see vix spike like crazy

[cellphone]

1st post...


Hello, Cobra... this is the testing

[jiufeite]

S&P About To Put Europe's AAA Countries (Germany, France, Holland, Austria And Luxembourg) On "Creditwatch Negative"

[chodaboy19]

What just happened?

[cougar]

SP puts on neg watch D, F, NL, A & LX!!!!!

[soku]

SP puts on neg watch D, F, NL, A & LX!!!!!

this caused the sudden drop? i thot it is something in europe again

add:
http://www.zerohedge.com/news/sp-about- ... itwatch-ne

[quatzl]

What just happened?

Good question. GLD just dropped 50 cents in 2 seconds. Which is good for me, but that was weird.

[Al_Dente]

Yeoooooow, what just happened, big reversal
http://stockcharts.com/h-sc/ui?s=SPY&p= ... listNum=15

[heavenskrow]

SP puts on neg watch D, F, NL, A & LX!!!!!

this caused the sudden drop? i thot it is something in europe again

add:
http://www.zerohedge.com/news/sp-about- ... itwatch-ne

ummm just look at the Daily ES that i posted.....we were at resistance
TLT 1 hour chart will confirm soon....

[Harapa]

Well, bears tried to pull the market down a wee bit, but they failed miserably and now it's back to sideways...

gg.png

Not anymore. You are the man of the day!
Sold all TNA @ 47.60

[uempel]

Well, bears tried to pull the market down a wee bit, but they failed miserably and now it's back to sideways...

The attachment gg.png is no longer available

Ha, ha, ha. I was on edge and impatient, missed the move... No comment.

[heavenskrow]

Wait for 1 hour confirmation on TLT

[BullBear52x]

Oy Dr. Al would say

[Cobra]

wow, I just had a very expensive lunch. What's going on?

[uempel]

Well, bears tried to pull the market down a wee bit, but they failed miserably and now it's back to sideways...

gg.png

Not anymore. You are the man of the day!
Sold all TNA @ 47.60

Yeah, but I guess I'm the idiot of the day. Everything was ok, but the strong countermove made me believe that the break might be to the upside

[heavenskrow]

back at level 2 MA that has held each pullback

[BullBear52x]

Next bus stop