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Re: 02/21/2012 Intraday Watering
Posted: Tue Feb 21, 2012 11:15 am
by TraderGirl
jarbo456 wrote:TraderGirl wrote:This is what I wrote last night in weekend watering...
There are two turn dates this week, Tuesday and Thursday. I am supposing Tuesday the markets start to turn down because of neg aspects mid-week. Weds and Thurs have the most neg aspects, although Thursday being a turn day, the market could start to turn up at anytime during the day. Friday has positive aspects...
i totally appreciate hearing the turn date information tradergirl, i'm just wondering how one employs it if/when there seems to be some large +/- ranges for when they occur.
for this particular one, "...supposing tuesday the markets start to turn down...thursday...the market could start to turn up...", is it shorter time frame turn dates? if the usual turn dates have anywhere from 3-6 day +/- ranges, how does one trade two turn dates two days apart, yet have several days that they may/could/should occur?
just curiosity, not criticism.
These turn dates are the actual dates....
Re: 02/21/2012 Intraday Watering
Posted: Tue Feb 21, 2012 11:16 am
by Richarab
too early into NG
Re: 02/21/2012 Intraday Watering
Posted: Tue Feb 21, 2012 11:21 am
by TraderGirl
Interesting that both the VIX and SPX are up today... the market opened higher and so did the VIX...could this indicate a trend change?? or at least a pull back...???
Re: 02/21/2012 Intraday Watering
Posted: Tue Feb 21, 2012 11:24 am
by Petsamo
Remember guys, if you buy UNG today and hold overnight, there's a reverse split. You'll wanna buy a number of shares divisible by 4.
Re: 02/21/2012 Intraday Watering
Posted: Tue Feb 21, 2012 11:25 am
by Mr. T
TraderGirl wrote:Interesting that both the VIX and SPX are up today... the market opened higher and so did the VIX...could this indicate a trend change?? or at least a pull back...???
No.
It just means we're going higher. Silly bears thinking trend change, is code for new bears to squeeze.
That's what Cramer told me anyway.
Re: 02/21/2012 Intraday Watering
Posted: Tue Feb 21, 2012 11:28 am
by TraderGirl
Petsamo wrote:Remember guys, if you buy UNG today and hold overnight, there's a reverse split. You'll wanna buy a number of shares divisible by 4.
Everytime I have seen reverse splits, the stock goes down before the split, and sometimes after...but this is an etf so I don't know what the outcome will be, so beware...
Re: 02/21/2012 Intraday Watering
Posted: Tue Feb 21, 2012 11:29 am
by jarbo456
Mr. T wrote:TraderGirl wrote:Interesting that both the VIX and SPX are up today... the market opened higher and so did the VIX...could this indicate a trend change?? or at least a pull back...???
No.
It just means we're going higher. Silly bears thinking trend change, is code for new bears to squeeze.
That's what Cramer told me anyway.
it's happened on more than few occasions in this rally already...obviously, not a trend change...
need a more powerful set of signals to indicate trend change...
it's almost come to the point where the market is going to need a flash crash to change what's going on right now.
Re: 02/21/2012 Intraday Watering
Posted: Tue Feb 21, 2012 11:35 am
by jarbo456
we can all breathe a sigh of relief...this morning's sell-off has been fully recovered...
back to the regularly scheduled program.
phew. -_-
Re: 02/21/2012 Intraday Watering
Posted: Tue Feb 21, 2012 11:40 am
by Cobra
hmm, we have a new game today. trend line resistance, but don't count on it.
Re: 02/21/2012 Intraday Watering
Posted: Tue Feb 21, 2012 11:42 am
by Al_Dente
Re: 02/21/2012 Intraday Watering
Posted: Tue Feb 21, 2012 11:43 am
by stevej
Well I give up to much pain market will never go down
Re: 02/21/2012 Intraday Watering
Posted: Tue Feb 21, 2012 11:55 am
by Cobra
let's see how this rising wedge goes.
Re: 02/21/2012 Intraday Watering
Posted: Tue Feb 21, 2012 11:58 am
by toplight
same old story, buy the fucking dip
Re: 02/21/2012 Intraday Watering
Posted: Tue Feb 21, 2012 12:01 pm
by ddd
Cobra wrote:let's see how this rising wedge goes.
Hopefully, back to the channel.
Re: 02/21/2012 Intraday Watering
Posted: Tue Feb 21, 2012 12:09 pm
by ctvu1
AMZN trading poorly.
Re: 02/21/2012 Intraday Watering
Posted: Tue Feb 21, 2012 12:10 pm
by Carlos
If you look at MACD and Stocastics.. 10 min chart. Things are nearing a top. Overall Europe is falling as well..
Shouldn't thing go lower for rest of day?
Re: 02/21/2012 Intraday Watering
Posted: Tue Feb 21, 2012 12:10 pm
by joeynickels
Cobra does the RSP look a bit heavy in comparison to SPY?
Re: 02/21/2012 Intraday Watering
Posted: Tue Feb 21, 2012 12:16 pm
by Tabby
I think market pulls back if UUP starts going up.
Re: 02/21/2012 Intraday Watering
Posted: Tue Feb 21, 2012 12:28 pm
by HappyFriday
I don't like this market !
Transportation index shows a sell signal while INDU at new high ...
Re: 02/21/2012 Intraday Watering
Posted: Tue Feb 21, 2012 12:33 pm
by BullTart
HappyFriday wrote:I don't like this market !
Transportation index shows a sell signal while INDU at new high ...
Ignore that divergence at your own peril!
But maybe this time it's different?
