02/03/2012 Intraday Watering

[Wallstreetrader]

Pump and Dump ?

[KENA]

So far we cannot seem to break the July 22 hi of 134.58..Wait and see.

[stlwater]

I wouldn't bet on that..

Retail didn't bid up the financials. Take a look at XLF, pretty darn strong. The folks investing in financials are "in the know" and wouldn't be doing so without a darn good reason. When my trend starting signals started going off, XLF was the strongest. They know something you don't. GLTU

BAC has now filled gap down from Sept 2nd. Now what?

Collapse? Chart was pretty bearish and was trading at the top of a descending channel before it gapped over it today. My bet is if the market turns on Monday, BAC will be under 7 in 2 weeks.

[Petsamo]

I do not feel good on the rise and we may see some bigger pullback in coming hours, anyone feel the same?

It'll be another one of those fake sell offs

[usctrojan99]

Instead of people thinking we are hitting resistance, we can be consolidating for the next leg up.

I hope TVIX and TZA positions are doing you well.

[lcgllc]

Cobra our 5min ascending triangle now rising wedge, open window for downside exit?

[springheel_jack]

SWalsh

'I'm not familiar with what Cougar wrote but I received an e-mail telling me he claimed he could sell his indicators to institutions, but decided to offer them to the public for a pricey admission. With 2000+ PhDs on Wall Street now I am strained to believe that is true.

Being told of anyone making a prediction in both directions is what I think is called a "tout" at a racetrack who looks for a few bucks if the horse comes in. The payoff would be, in this case, selling a service. I cannot conceive of how someone could do such a thing at the track or in the market.'


That's an interesting theory mate, but it would seem to depend heavily on the poster being unknown before doing it. Alphahorn's been well known around the blogosphere for quite a while. That being the case it just sounds like an childish conspiracy theory, of the sort that makes the reader wonder when the writer is going to mention reptilians and the illuminati.

If you're going to try to defend this assertion you should at least ask your friend for the evidence he claims to have for this otherwise absurd attempt at a smear. Repeating things like this doesn't make alphahorn look bad, it makes you look bad. You should get some evidence if you don't want people reading your posts wondering, as I am wondering now, whether you are a troll.

[stlwater]

We broke through resistance today...

Instead of people thinking we are hitting resistance, we can be consolidating for the next leg up.

I hope TVIX and TZA positions are doing you well.

[Cobra]

Cobra our 5min ascending triangle now rising wedge, open window for downside exit?

no.

first, the breakout point still held.

2nd, even the wedge support broken, it could be a channel.

normally trade against the trend isn't easy to be right, so I won't short.

[lcgllc]

Cobra our 5min ascending triangle now rising wedge, open window for downside exit?

no.

first, the breakout point still held.

2nd, even the wedge support broken, it could be a channel.

normally trade against the trend isn't easy to be right, so I won't short.

thanks

[Al_Dente]

internals, daily
http://stockcharts.com/h-sc/ui?s=$NYAD& ... =254390001

[Wallstreetrader]

VIX ...

[Cobra]

OK, it seems we still have lots of bears here. Let's vote again: viewtopic.php?f=9&t=446

[ctvu1]

IWM out of it's bollinger band. This market is pricing in a potential Greek debt deal over the weekend. I will short the market open gap up on Monday. With a Greek deal and earnings season largely over, there will be no catalyst propping the market after the Greek deal is over. I've closed out all my longs and I'm now in cash.

The safest short of the year will come on Monday if the market gaps up.

[Wallstreetrader]

Could you later put the results and explain what info you get from that ?

[Cobra]

lunch time, will be back. so far bulls are ok.

[BullBear52x]

$trany is not too exciting with all this bull move.

are we there yet?

[Petsamo]

Well, I was hoping we'd do a double top

[SWalsh]

Is these true ?

\

I've seen a lot of these pop-up on the last two years. I believe the answer lies in whether the same individuals were trading with the same amount of money at the same time with the same interest rates and methods. So in a word, "no". Might there be a general correlation? Perhaps. Looking at the chart a daily one flips back and forth to a positive and negative correlation.

[Pharmboy]

I don't post here much, as I just watch the chatter, and enjoy the site Cobra.
Cougar - VRTX, EXEL and YMI all have legs. SGEN and IMGN are also very good biotechs to be in on. CRIS has best in class Hedgehog inhibitor that is approved, and INFI has one as well that failed in a very difficult trial. INFI a leg in buy for me. Then there is PLX, my favorite play right now.