02/15/2012 Intraday Watering

[Al_Dente]

Senor Al,

I know you are wondering and yes I am sleeping with her again at 18.50.

me too
Perfect stick #7…8
TVIX
Breakout HOD
Volume is hi
Must hold breakout

[jarbo456]

aapl just went neg for the day. lotto ticket is in!

You don't have to wait until march exp for your lottery ticket. Look at the highs and lows today
on the weekly exp. If you are nimble (and well versed in options) that's all the time you need.
They will list new weeklies tomorrow, if you aren't comfortable trading options intraday. Just
remember, unless you are using them as a hedge, you want to get in and out quickly.
Good Luck!

also depends on how you set up your trade. sometimes you need to give an options trade time to work out. with this aapl, i was looking for a blow off top, but i was prepared to settle in for this thing to be squeezed up some more. obviously, my mar 480 puts are up by over 50% so it's a consideration to clear the trade and move on...but we'll see, depends on the action closer to the end of the day.

i rarely play options intraday.

[Petsamo]

Somebody tell POT what direction down is

[SB73]

Senor Al,

I know you are wondering and yes I am sleeping with her again at 18.50.

me too
Perfect stick #7…8
TVIX
Breakout HOD
Volume is hi
Must hold breakout

That a boy I knew you would find her attractive. Stop already in with money to be made. I have a little pivot at 18.72 that must hold.

[HuyVanLang]

Wow, I almost sell my short when market broke out to the upside. Then I checked qqq on 5' chart, saw a p bar at 11:30, told myself they tried to steal mine, so I sat tight. Market dropped like a rock after few more upside bars. If I didn't see pbar I'd have sold all, include tvix. hahaha. You can't count out the power of p bar

[Cobra]

look at appl volume, typical exhaustion day.

[Al_Dente]

senor

#9

but volume
another time frame
http://stockcharts.com/h-sc/ui?s=TVIX&p ... =257625870

[Petsamo]

Did we get bad news ?

[PRI]

aapl just went neg for the day. lotto ticket is in!

You don't have to wait until march exp for your lottery ticket. Look at the highs and lows today
on the weekly exp. If you are nimble (and well versed in options) that's all the time you need.
They will list new weeklies tomorrow, if you aren't comfortable trading options intraday. Just
remember, unless you are using them as a hedge, you want to get in and out quickly.
Good Luck!

also depends on how you set up your trade. sometimes you need to give an options trade time to work out. with this aapl, i was looking for a blow off top, but i was prepared to settle in for this thing to be squeezed up some more. obviously, my mar 480 puts are up by over 50% so it's a consideration to clear the trade and move on...but we'll see, depends on the action closer to the end of the day.

i rarely play options intraday.

You can place the same trade over and over again, be mindful of the decay in the option premium.
Up 50% in a matter of minutes? Well done!

[Al_Dente]

Perfection
That hi tail was fine
Made new hi
Holding breath

[Cobra]

i think this bar could be an exhaustion bar. should see consolidation here at least.

[KeiZai]

Cobra please have this something with hindenburg omen?

http://stockcharts.com/h-sc/ui?s=$NYA&p ... =206583906

[fehro]

may get a small bounce near here... if not look for a sharp move down.. to 1337ish

[SWalsh]

It would appear that trendlines are something the machines have a great interest in these days. No stops and they stop the mkt. Stops in place and they run them.

As to the leading diagonal down, we had a nice a-b-c up and now this drop. Right now, in ES, C=A so the diagonal might just be an A wave. If that's the case the trend is still higher (dons Kevlar )

[proteus46]

Everything was sold off, utilities, staples, materials, energy, copper, oil, financials and even gold and silver

[SB73]

Baron,

Sell everything ask questions later?

[Cobra]

Cobra please have this something with hindenburg omen?

http://stockcharts.com/h-sc/ui?s=$NYA&p ... =206583906

yes. but we can forget about omen now because too many ETFs in NYA, so unless you have stock only version NYA, otherwise forget about the omen.

[quatzl]

http://www.youtube.com/watch?v=AYrpROr9Gmk

[jarbo456]

looks like YUM was being screwed around with all morning...helping some of the ramp...

almost got stopped out - but it's actually gapped several times down on the 5 minute charts...

[Al_Dente]

last 2 stix bad
dont trust her