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Re: 05/04/2011 Intraday Watering

Posted: Wed May 04, 2011 10:20 am
by 99er

Re: 05/04/2011 Intraday Watering

Posted: Wed May 04, 2011 10:22 am
by wxstone
cletus wrote:Rebound to 1366 or so is due. Even if pullback to 1340 then still rebound to 1366.
Hi,Cletus.What's the meaning of ES 1340?

Re: 05/04/2011 Intraday Watering

Posted: Wed May 04, 2011 10:23 am
by MajorEasy
my guess is that the big guys ran a short squeeze on RRD this morning,
so that they could increase their short positions from a higher price.
my goal is to short this printer to zero.

http://stockcharts.com/h-sc/ui?s=RRD&p= ... 4150144837

Re: 05/04/2011 Intraday Watering

Posted: Wed May 04, 2011 10:33 am
by uempel
I'm waiting to see what happens around 1340, I guess that's key support.
Support5.png

Re: 05/04/2011 Intraday Watering

Posted: Wed May 04, 2011 10:34 am
by Me XMan
U$D got trashed again.

Re: 05/04/2011 Intraday Watering

Posted: Wed May 04, 2011 10:35 am
by cletus
wxstone wrote:
cletus wrote:Rebound to 1366 or so is due. Even if pullback to 1340 then still rebound to 1366.
Hi,Cletus.What's the meaning of ES 1340?
Pullback target has been met here. Market should rebound higher in next few days. I'm short but hedging long via calls.

Re: 05/04/2011 Intraday Watering

Posted: Wed May 04, 2011 10:40 am
by agnosia
weird, dollar is down and commodities and the markets can't catch a bid. turning point?

Re: 05/04/2011 Intraday Watering

Posted: Wed May 04, 2011 10:44 am
by Me XMan
Market going to crash???
agnosia wrote:weird, dollar is down and commodities and the markets can't catch a bid. turning point?

Re: 05/04/2011 Intraday Watering

Posted: Wed May 04, 2011 10:47 am
by Tabby
If anyone is new in market and wants to read about daily ES ( e mini S &P 500), this guy write very nice stuff everday.
http://www.precisioncapmgt.com/

Re: 05/04/2011 Intraday Watering

Posted: Wed May 04, 2011 10:51 am
by 99er

Re: 05/04/2011 Intraday Watering

Posted: Wed May 04, 2011 10:53 am
by agnosia
feels like a bottom.. long /es 1341, stop 1340

Re: 05/04/2011 Intraday Watering

Posted: Wed May 04, 2011 10:59 am
by BullBear52x
SPY

Re: 05/04/2011 Intraday Watering

Posted: Wed May 04, 2011 11:01 am
by wxstone
cletus wrote:
wxstone wrote:
cletus wrote:Rebound to 1366 or so is due. Even if pullback to 1340 then still rebound to 1366.
Hi,Cletus.What's the meaning of ES 1340?
Pullback target has been met here. Market should rebound higher in next few days. I'm short but hedging long via calls.
thx,Cletus

Re: 05/04/2011 Intraday Watering

Posted: Wed May 04, 2011 11:02 am
by maldini
uempel wrote:I'm waiting to see what happens around 1340, I guess that's key support.
Support5.png
wow, it bounces from 1340.25!

Re: 05/04/2011 Intraday Watering

Posted: Wed May 04, 2011 11:03 am
by BullBear52x
No positive RSI divergence, NO buy intraday.

Re: 05/04/2011 Intraday Watering

Posted: Wed May 04, 2011 11:05 am
by progruss
Anybody else seeing the P-bar on AAPL a few minutes ago?

Re: 05/04/2011 Intraday Watering

Posted: Wed May 04, 2011 11:13 am
by BullBear52x
progruss wrote:Anybody else seeing the P-bar on AAPL a few minutes ago?
weird eh? now only daily candle register that nothing else I can see on the shorter time bars.

Re: 05/04/2011 Intraday Watering

Posted: Wed May 04, 2011 11:14 am
by PLUNGE

Re: 05/04/2011 Intraday Watering

Posted: Wed May 04, 2011 11:18 am
by ocassional observer
interesting long term wedge on russel 2000:
http://dshort.com/charts/Chris-Kimble-C ... RUT-110504

Re: 05/04/2011 Intraday Watering

Posted: Wed May 04, 2011 11:20 am
by Cobra
too bad, breakdown, consolidation then down, should be more on the downside, be careful.