02/15/2012 Intraday Watering

[Cobra]

made the 1st score. maintain the plan. I don't think we'll see sharp v today!

[SWalsh]

is appl really going to pull a double bottom pop coinciding with the 3pm ramp?

Thanks for the 3 PM warning!

[quatzl]

IWM 5 minute, descending triangle.

[jarbo456]

is appl really going to pull a double bottom pop coinciding with the 3pm ramp?

Thanks for the 3 PM warning!

Sure thing!...here it is for everyone...

WATCH THE MINUTE CHARTS TO SEE IF HFT'S START FIRING OFF 10-20 CENT BUY SPIKES ON SPY!!!!!!!!!

[TraderGirl]

spx down thru triangle...

[SB73]

TVIX in a triangle should mean more upside, but VIX out of BB. I will let her be with herself tonight. I hope that Cobra has one helluva report tonight as always.

[wayne0708]

maintain the plan. remember the 3rd push down doesn't have to be lower low. personally I don't believe we'll have another sharp V today though so it's just a rebound after the 3rd push down, not something sharp.

I hope your evil plan is really wrong today, Cobra. You re rarely wrong, but I really hope so.

[Petsamo]

I wonder if this is just another one of those fake sell offs

[TraderGirl]

just hit triangle support, will it hold??

[Cobra]

made the 2nd score. overshot, so could see rebound here but we'll need a new plan because the push down is stronger than planed.

[BullBear52x]

spx down thru triangle...

think they finally will let bears have it for few days. I want to see last Friday Low taken out next.

[Al_Dente]

net AD
http://stockcharts.com/h-sc/ui?s=SPY&p= ... =253140071

[jarbo456]

spy broke down...but interestingly...aapl hasn't broken the descending triangle...yet................

another engineered spy fake down would be cruel and unusual....

[Me XMan]

MORE BEERS ON DA HOUSE!

[fehro]

seems like 1337 is the next stop.. unless we bounce here and retest the blue channel we fell out of..

[TraderGirl]

Long term treasuries are not buying into this correction, not budging....???

[1der]

Long term treasuries are not buying into this correction, not budging....???

I was just noting that myself .... hmmmm

[SWalsh]

is appl really going to pull a double bottom pop coinciding with the 3pm ramp?

Thanks for the 3 PM warning!

(reply to myself)

Yesterday, IMO, had a decent bullish wave pattern coming into 3 PM. Today did not. That's not to say we don;t close positive, but that at 3 PM it would have been hard to fit it in. I think they look at everything including a guage of blog talk. Billions of dollars are being traded. Why leave out anything?

[SWalsh]

seems like 1337 is the next stop.. unless we bounce here and retest the blue channel we fell out of..

There was a fib fan chart showing we were riding a fan line yesterday from a low. I believe we are under that now, but I'm not that familiar with those.

[Denali92]

MORE BEERS ON DA HOUSE!

I believe you did that yesterday and we rally sharply.... just remember....