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Re: 12/15/2011 Intraday Watering
Posted: Thu Dec 15, 2011 10:33 am
by Me XMan
I'm with Cobra on selling ain't finished yet.
SB73 wrote:Me XMan wrote:Sold my longs $123.20 and went short same price.
Way too stretch IMO.
SANTA RALLY!
Nice job on the long positions. I got caught holding short overnight. Still nice profits on swing trade.
Re: 12/15/2011 Intraday Watering
Posted: Thu Dec 15, 2011 10:38 am
by 99er
Re: 12/15/2011 Intraday Watering
Posted: Thu Dec 15, 2011 10:39 am
by proteus46
Fib 38.2 , $123.10, is a resistance, for now
Re: 12/15/2011 Intraday Watering
Posted: Thu Dec 15, 2011 10:40 am
by ddd
I've loaded /TF last night, so shorts get out of my way!
Re: 12/15/2011 Intraday Watering
Posted: Thu Dec 15, 2011 10:40 am
by SB73
Me XMan wrote:I'm with Cobra on selling ain't finished yet.
SB73 wrote:Me XMan wrote:Sold my longs $123.20 and went short same price.
Way too stretch IMO.
SANTA RALLY!
Nice job on the long positions. I got caught holding short overnight. Still nice profits on swing trade.
Same here, just hate to piss away profits on an overnight ramp job...looks like we may get a partial gap fill at any rate. Will try and close out then and reshort later.
Re: 12/15/2011 Intraday Watering
Posted: Thu Dec 15, 2011 10:41 am
by newbie_77
Xman,
nice move
...
Bullbear,
still holding your longs
Re: 12/15/2011 Intraday Watering
Posted: Thu Dec 15, 2011 10:43 am
by GreedyKojiro
bullybear wrote:Caution: Spy max pain from 120 yesterday to current 124 is unusual large move OVERNIGHT (the most I ever saw was 2-3 pts always prove munipulation) suggest spring up ramp job to 1240/124 by EOD Friday… only purpose can be to reset bull trap (from Tuesday in the 124.25 range)… If true, NO close gap up open today… and more and more likely Santa is a no show… BullBear can you smell this?
IN SANTA WE TRUST
We buy with blind faith and we hope and pray. We believe there always somebody more dumber and more stupid than we are, to buy at higher and higher price where we can go up and up. We thought we go to 1360, but maybe not, maybe we can even get to 1260… after all Santa’s coming right? So we keep buy and buy on blind faith, now we get trapped… So hard to have nice Christmas when trapped, now we cry and pray really hard for Santa to come and save us… if only for tiny tiny bounce to make us believe we go to 1260… then we have little Christmas, but not so nice… We believe so hard we buy more to average price for tiny tiny bounce then Santa come to save us… Now, we sing jingle bells and spread Christmas cheer so everyone can sing and cry together…
Santa_died_cry_bull.jpg
LMAO, you are hilarious!
Re: 12/15/2011 Intraday Watering
Posted: Thu Dec 15, 2011 10:44 am
by Buckethead
Watching commodity sectors, Gold, Silver, Oil service OSX, crude. Still feels weak still after carnage yesteday, if we manage a new low today I will poke long on gold and oil.
Re: 12/15/2011 Intraday Watering
Posted: Thu Dec 15, 2011 10:44 am
by BullBear52x
bullybear wrote:Caution: Spy max pain from 120 yesterday to current 124 is unusual large move OVERNIGHT (the most I ever saw was 2-3 pts always prove munipulation) suggest spring up ramp job to 1240/124 by EOD Friday… only purpose can be to reset bull trap (from Tuesday in the 124.25 range)… If true, NO close gap up open today… and more and more likely Santa is a no show… BullBear can you smell this?
IN SANTA WE TRUST
We buy with blind faith and we hope and pray. We believe there always somebody more dumber and more stupid than we are, to buy at higher and higher price where we can go up and up. We thought we go to 1360, but maybe not, maybe we can even get to 1260… after all Santa’s coming right? So we keep buy and buy on blind faith, now we get trapped… So hard to have nice Christmas when trapped, now we cry and pray really hard for Santa to come and save us… if only for tiny tiny bounce to make us believe we go to 1260… then we have little Christmas, but not so nice… We believe so hard we buy more to average price for tiny tiny bounce then Santa come to save us… Now, we sing jingle bells and spread Christmas cheer so everyone can sing and cry together…
Santa_died_cry_bull.jpg
See my post on /ES earlier, very important, and tell sign if Santa is serious enough. right now the internals are bullish.
Re: 12/15/2011 Intraday Watering
Posted: Thu Dec 15, 2011 10:46 am
by BullBear52x
newbie_77 wrote:Xman,
nice move
...
Bullbear,
still holding your longs
yes,
Re: 12/15/2011 Intraday Watering
Posted: Thu Dec 15, 2011 10:47 am
by jarbo456
Buckethead wrote:Watching commodity sectors, Gold, Silver, Oil service OSX, crude. Still feels weak still after carnage yesteday, if we manage a new low today I will poke long on gold and oil.
i went long 2 contracts of oil just under 95, and 2 contracts of gold. they are both just about even, a hair up. my gold is hedged with GLD Jan. 160 puts, which I sold at 9.60.
Re: 12/15/2011 Intraday Watering
Posted: Thu Dec 15, 2011 10:49 am
by fehro
bounce to 1227 -1231? or you could make an argument we turn back down here (60m) and bounce at 1190
Re: 12/15/2011 Intraday Watering
Posted: Thu Dec 15, 2011 10:49 am
by SB73
Gap and trap or is this a bear flag?
Re: 12/15/2011 Intraday Watering
Posted: Thu Dec 15, 2011 10:49 am
by jarbo456
AMZN is looking strong again today, up just a shy under 2%.
Re: 12/15/2011 Intraday Watering
Posted: Thu Dec 15, 2011 10:51 am
by ClarkW
$BKX strong at +1.60%
Re: 12/15/2011 Intraday Watering
Posted: Thu Dec 15, 2011 10:52 am
by viewer
I think this is the first leg and it should fail. So this is a chance of short.
Re: 12/15/2011 Intraday Watering
Posted: Thu Dec 15, 2011 10:52 am
by HighRev
Good morning to everyone on the U.S. side of the pond.
Cobra, I asked you a question about the Hindenburg late last night/early this morning in Market Outlook that you may have missed.
http://www.cobrasmarketview.com/2011/12 ... -387145325
Thanks for getting back to me on that when you've got a chance.
Re: 12/15/2011 Intraday Watering
Posted: Thu Dec 15, 2011 10:55 am
by jimme
Going skiing with yesterday's ticket.
Re: 12/15/2011 Intraday Watering
Posted: Thu Dec 15, 2011 10:59 am
by jarbo456
philly fed numberes in 2 minutes. we look to be consolidating under a fairly major trend line. either be enough to blast us through it, or else push us into the gap.
Re: 12/15/2011 Intraday Watering
Posted: Thu Dec 15, 2011 11:01 am
by Me XMan
Put my stop-loss $123.5
Let them find me there.
newbie_77 wrote:Xman,
nice move
...
Bullbear,
still holding your longs