12/01/2011 Intraday Watering

[lqiantobe]

Just printed...

If we close here, 3rd time the charm?

bear.png

yeap, this was also what I looked at last night.

so 3rd time should be different is your wildest guess Cobra?

No. I really believe what we had yesterday was an exhaustion bar. We'll see.

But at least today's high will be retested intraday?

[TWT]

SPX: Maybe a Triangle

[soku]

from 1:00, /cl moved up over 1 buck. equity and $$$ are not following especailly since 2:00. anything wrong?

[tdo722]

Anyone live with TNA or thinking of loading up on some?

I have some TNA from 41.83$ Sold a bit a couple of days ago as well.
Also have some TZA.

I'm eyeing $96 a share for TNA.

All these $32 to $41 a share is just taco bell money.

[jarbo456]

oil came back hard in the past two hours to end regular trading pretty much even for the day. interesting. definitely not a bearish sign. but i'm cautious with cobra halfway straddling the bearish camp with the exhaustion bar theory...

[BullBear52x]

We need a pull back before heading higher, I am saying it with a raging bull inside me

[Cobra]

Just printed...

If we close here, 3rd time the charm?

bear.png

yeap, this was also what I looked at last night.

so 3rd time should be different is your wildest guess Cobra?

No. I really believe what we had yesterday was an exhaustion bar. We'll see.

But at least today's high will be retested intraday?

Now it's testing. A failed 2nd test doesn't have to be higher high. And this is why I said, now no failure is allowed for bulls.

[Dow Trader]

can we say double bottom in hourly CHF ?

[MrMiyagi]

I'm eyeing $96 a share for TNA.

All these $32 to $41 a share is just taco bell money.

96$.. I don't think so, my opinion 50$, 52$ area. 60$ would be an extreme high.

[Me XMan]

Dow trader you must be shorting...

can we say double bottom in hourly CHF ?

[tdo722]

1376-1245 = 130

only 130 spx points to go. damn it, missed the damn train from 1158. who's crying with me?

[bullybear]

Just printed...

If we close here, 3rd time the charm?

bear.png

yeap, this was also what I looked at last night.

so 3rd time should be different is your wildest guess Cobra?

No. I really believe what we had yesterday was an exhaustion bar. We'll see.

Exhaustion Gap + Exhaustion Bar

[noob]

Now it's testing. A failed 2nd test doesn't have to be higher high. And this is why I said, now no failure is allowed for bulls.

So if failed bull + big volume ==> exhaustion confirmed?

[Dow Trader]

Dow trader you must be shorting...

can we say double bottom in hourly CHF ?

yes, I started shorting in my long term account at 1240 and 1247 and will add more if we go above

[Al_Dente]

Yo Baron von SantaBB52x: real dudes don’t “go shopping”
http://www.youtube.com/watch?v=ewx0kWCp ... re=related

they do however need frequent updates on chop days
http://stockcharts.com/h-sc/ui?s=SPY&p= ... =245360380

[tdo722]

buy stop spy $125.35. stop loss 124.90. target $125.85 a=c

[L_T]

Anyone live with TNA or thinking of loading up on some?

I have some TNA from 41.83$ Sold a bit a couple of days ago as well.
Also have some TZA.

I'm eyeing $96 a share for TNA.

All these $32 to $41 a share is just taco bell money.

Obvious resistance at $50 but I'm hoping we move up to it in the coming days/weeks barring headline risks sinking the entire trend continuation thesis.

[Dow Trader]

Based on 5-min cloud, now market needs a new big wave up or we go down from here

[newbie_77]

good morning all,
sorry was away sleeping after the big run up to yesterday

master cobra,
as promised.. i registered bribed my wife with yesterday's profit to give my credit card back

[BullBear52x]

Yo Baron von SantaBB52x: real dudes don’t “go shopping”
http://www.youtube.com/watch?v=ewx0kWCp ... re=related

they do however need frequent updates on chop days
http://stockcharts.com/h-sc/ui?s=SPY&p= ... =245360380

I am shopping at EDZ this is manly shopping item. lets roll the dice. stop out if we close higher above my yellow line.