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12/08/2011 Intraday Watering

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Cobra
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Re: 12/08/2011 Intraday Watering

Post by Cobra »

volume surge, I think this leg is about to over, after the rebound, we shall see bears make another try on the downside. Lunch time, will be back. Again bears have no turning back today, must push down hard.
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MrMiyagi
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Re: 12/08/2011 Intraday Watering

Post by MrMiyagi »

SOLD all my TZA, decent profits.
Looking to go long shortly, not right now but that might change.
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Al_Dente
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Re: 12/08/2011 Intraday Watering

Post by Al_Dente »

cougar wrote: How about some oily trading? USO is famous for losing value during short periods of time. That makes it very interesting for a longer swing SHORT TRADE! If it drops through this support area (just above 38) it should have a next rendezvous with the 36 zone (next strong support).
Cougie: do you chart anything other than USO for oily indicator? I made a sweet little pot in USO in the ’08 bubble. Then it scared me away when it moved to Crazytown a while back…. It moved in right next door to Baltic Dry… now they both seem to be back on planet earth… but I still don’t trust USO yet… how about brent BNO… too new?
[edit: $WTIC ??]
Last edited by Al_Dente on Thu Dec 08, 2011 2:21 pm, edited 1 time in total.
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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BBFinance
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Re: 12/08/2011 Intraday Watering

Post by BBFinance »

Cobra wrote:a small consolidation here is bear's best bet. let's pray.
What will be the 3PM rumour today?
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BullBear52x
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Re: 12/08/2011 Intraday Watering

Post by BullBear52x »

Target, for fun ha!
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michelangelo
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Re: 12/08/2011 Intraday Watering

Post by michelangelo »

BBFinance wrote:
Cobra wrote:a small consolidation here is bear's best bet. let's pray.
What will be the 3PM rumour today?
Merkel is pregnant.
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greenback
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Re: 12/08/2011 Intraday Watering

Post by greenback »

Cobra wrote:a small consolidation here is bear's best bet. let's pray.
Cobra, would you think the support at ~124 an more important one? The neckline for the round top? This is clearer if you look at where we were before the crash by looking further back on the 15m chart ...
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cougar
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Re: 12/08/2011 Intraday Watering

Post by cougar »

Al_Dente wrote:THANK YOU new low
wow
AL: when attacked from above, the previous TOP of the OCTAVE is rarely a strong support…
Next benchmark leve(124) should be at the Fan support line…
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Al_Dente
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Re: 12/08/2011 Intraday Watering

Post by Al_Dente »

Longer view
Is VIX a minute away from closing the gap of 11/30 ?
http://stockcharts.com/h-sc/ui?s=$VIX&p ... listNum=15
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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MrMiyagi
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Re: 12/08/2011 Intraday Watering

Post by MrMiyagi »

TRIN slowly creeping back towards neutral; 3.12, still a ways off.
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EFA
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Re: 12/08/2011 Intraday Watering

Post by EFA »

michelangelo wrote:
BBFinance wrote:
Cobra wrote:a small consolidation here is bear's best bet. let's pray.
What will be the 3PM rumour today?
Merkel is pregnant.
Sarkozy is the dad? :oops:
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BullBear52x
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Re: 12/08/2011 Intraday Watering

Post by BullBear52x »

cougar wrote:
Al_Dente wrote:THANK YOU new low
wow
AL: when attacked from above, the previous TOP of the OCTAVE is rarely a strong support…
Next benchmark leve(124) should be at the Fan support line…
My next yellow line is where your 7/8 slightly below the fan.
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Last edited by BullBear52x on Thu Dec 08, 2011 2:36 pm, edited 1 time in total.
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Al_Dente
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Re: 12/08/2011 Intraday Watering

Post by Al_Dente »

michelangelo wrote:
BBFinance wrote:
Cobra wrote:a small consolidation here is bear's best bet. let's pray.
What will be the 3PM rumour today?
Merkel is pregnant.
:lol: :lol: :lol: :o
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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Petsamo
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Re: 12/08/2011 Intraday Watering

Post by Petsamo »

jynmax wrote:let's see how CHINA(i mean stock market) leads USA.
I've been following overseas markets for a while, enough to know that the Hang Seng does its own thing.
Twitter @jackwag0n
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Al_Dente
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Re: 12/08/2011 Intraday Watering

Post by Al_Dente »

cougar wrote:
Al_Dente wrote:THANK YOU new low
wow
AL: when attacked from above, the previous TOP of the OCTAVE is rarely a strong support…
Next benchmark leve(124) should be at the Fan support line…
Cool, I’ll go with 124 (or cobra’s 122.79) but I’d like to see The Baron’s “chaise lounge” at ~115.88
I DON’T MEAN TODAY
PS: I’ve run out of “stringers” for thank yous…. more later
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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cougar
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Re: 12/08/2011 Intraday Watering

Post by cougar »

BullBear52x wrote:
cougar wrote:
Al_Dente wrote:THANK YOU new low
wow
AL: when attacked from above, the previous TOP of the OCTAVE is rarely a strong support…
Next benchmark leve(124) should be at the Fan support line…
My next yellow line is where your 7/8 slightly below the fan.
...which is also the top of the gap...right?
Interesting!
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bullybear
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Re: 12/08/2011 Intraday Watering

Post by bullybear »

michelangelo wrote:
BBFinance wrote:
Cobra wrote:a small consolidation here is bear's best bet. let's pray.
What will be the 3PM rumour today?
Merkel is pregnant.
Carefull what you wish for :lol:

Angela-Merkel.jpg
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Cobra
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Re: 12/08/2011 Intraday Watering

Post by Cobra »

greenback wrote:
Cobra wrote:a small consolidation here is bear's best bet. let's pray.
Cobra, would you think the support at ~124 an more important one? The neckline for the round top? This is clearer if you look at where we were before the crash by looking further back on the 15m chart ...
You mean the green line below? I don't think it's as important as the broken one we just did, because that broken one has been tested several times therefore proven to be important but this green line hasn't been tested yet, so we don't know if anyone is willing to defend there.
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BullBear52x
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Re: 12/08/2011 Intraday Watering

Post by BullBear52x »

cougar wrote:
BullBear52x wrote:
cougar wrote:
Al_Dente wrote:THANK YOU new low
wow
AL: when attacked from above, the previous TOP of the OCTAVE is rarely a strong support…
Next benchmark leve(124) should be at the Fan support line…
My next yellow line is where your 7/8 slightly below the fan.
...which is also the top of the gap...right?
Interesting!
yeap
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Richarab
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Re: 12/08/2011 Intraday Watering

Post by Richarab »

EFA wrote:
michelangelo wrote:
BBFinance wrote:
Cobra wrote:a small consolidation here is bear's best bet. let's pray.
What will be the 3PM rumour today?
Merkel is pregnant.
Sarkozy is the dad? :oops:
quite a love child, i wish them the best. it wont be easy at their age, but it never is easy raising kids - at any age.
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