04/04/2011 Intraday Watering

[bbc]

Judging by pink and green, bears have edges today but I dare not to say this anymore because for so many times the 10:30 weakness was being bought. Let's see.

what is "pink and green"?

[Cobra]

Judging by pink and green, bears have edges today but I dare not to say this anymore because for so many times the 10:30 weakness was being bought. Let's see.

what is "pink and green"?

Pink = TLT
Green = FXA:FXY

[99er]

SPX
Three Wolfe Wave targets.
http://99ercharts.blogspot.com/2011/04/spx_04.html

[cletus]

bought FAZ again at 39.07, let's try this again

[bbc]

Judging by pink and green, bears have edges today but I dare not to say this anymore because for so many times the 10:30 weakness was being bought. Let's see.

what is "pink and green"?

Pink = TLT
Green = FXA:FXY

i watch ZN more, JPY is that relevant?

[99er]

/ES and /ZB
The Long Bond is looking good.
http://99ercharts.blogspot.com/2011/04/es-zb_04.html

[KENA]

The Banking has been weak for a bit but they are firming up. I don't think I would short them except maybe on a day trade trend.

[99er]

Crude
Update.
http://99ercharts.blogspot.com/2011/04/crude_04.html

[Cobra]

Hi, guys, I'm at doctor's office. Glad I can use 3G device here. So far it's consolidation pattern which seems not bad for bulls.

[stocksage]

Remember all you short term traders, if you buy and sell SSO for example at a loss, you can't buy again for another month or you violate the wash sale rule. It used to be easy to get around but now The (Obama) government gets all the trades you made so they can nail you for violating the wash sale rule. Any gains/losses you make on your next puchase/purchases within that 30 day time window will then be disallowed. This can amount to thousands of $$$$$ if you are an active trader so be careful.

[Out of Bounds]

Not exactly, only the gains that offset the losses will be disallowed. Any other gains are yours. It is really no different than end of year reconciliation.

[99er]

Copper
Two heads better than one?
http://99ercharts.blogspot.com/2011/04/copper_04.html

[maldini]

Hi, guys, I'm at doctor's office. Glad I can use 3G device here. So far it's consolidation pattern which seems not bad for bulls.

[Fritz Baxter]

Expecting a Q's bounce off the 5dma and support levels here. If it fails today, I don't expect support again until it hits the 100dma.

[99er]

Cobra: "Hi, guys, I'm at doctor's office. Glad I can use 3G device here."

Got a new chart?

[cletus]

MACD coil breakdown could be, target -2.5 or lower on MACD, so pullback could be

[uempel]

Update:

[KENA]

Slow day today..I think I am going to start my workout early today.I will feel better when I get done.

[uempel]

Slow day today..I think I am going to start my workout early today.I will feel better when I get done.

Me too, bye guys.

[99er]

Green Shoots!

(Reuters) - Fast-food chain McDonald's Corp said on Monday that it plans to hire as many as 50,000 U.S. additional employees later this month, citing improvements in its domestic business in recent months.