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Re: 05/10/2011 Intraday Watering
Posted: Tue May 10, 2011 10:07 am
by maldini
agnosia wrote:here comes the bear trap...
I think today will stop at around 1351.
Bear trap or bull trap? The answer is tomorrow.
Re: 05/10/2011 Intraday Watering
Posted: Tue May 10, 2011 10:13 am
by agnosia
maldini wrote:agnosia wrote:here comes the bear trap...
I think today will stop at around 1351.
Bear trap or bull trap? The answer is tomorrow.
yes i think you are right... there is no news today so it will probably be a range day. or will it ?
Re: 05/10/2011 Intraday Watering
Posted: Tue May 10, 2011 10:15 am
by uempel
Still waiting for 1355...
Re: 05/10/2011 Intraday Watering
Posted: Tue May 10, 2011 10:16 am
by soku
agnosia wrote:maldini wrote:agnosia wrote:here comes the bear trap...
I think today will stop at around 1351.
Bear trap or bull trap? The answer is tomorrow.
yes i think you are right... there is no news today so it will probably be a range day. or will it ?
well do u count the china news? overnight rally was due to the chinese data.
Re: 05/10/2011 Intraday Watering
Posted: Tue May 10, 2011 10:17 am
by BullBear52x
a new intraday high and so the Bears got their RSI negative divergence.
Re: 05/10/2011 Intraday Watering
Posted: Tue May 10, 2011 10:22 am
by agnosia
yoku wrote:agnosia wrote:maldini wrote:
yes i think you are right... there is no news today so it will probably be a range day. or will it ?
well do u count the china news? overnight rally was due to the chinese data.
i mean no news for today's ny session. tonight we have major china news ( inflation data ) and i plan on trading it later. the whisper numbers are saying inflation is still hot which means more tightening and bad for markets. we shall see...
Re: 05/10/2011 Intraday Watering
Posted: Tue May 10, 2011 10:24 am
by BullBear52x
This is where I pulled a trigger, if the market can move another .5% up I'll be ooopZ!
Re: 05/10/2011 Intraday Watering
Posted: Tue May 10, 2011 10:34 am
by orion.colorado
Cobra wrote:Oh, my god, how many people here don't know that the intraday comment is just a minor addition to my daily report?
By the way, if possible when you shop at Amazon, please use my link on my blog, thanks.
Will do Cobra; I'll ask my wife to as well, thanks for this board.
Re: 05/10/2011 Intraday Watering
Posted: Tue May 10, 2011 10:34 am
by gabor
Silence
Re: 05/10/2011 Intraday Watering
Posted: Tue May 10, 2011 10:38 am
by 99er
Re: 05/10/2011 Intraday Watering
Posted: Tue May 10, 2011 10:40 am
by Dow Trader
market will go to yesturday's open (it is a must target)
almost the lowest daily volume this year = go to the open soon
I am short and that is my target
Re: 05/10/2011 Intraday Watering
Posted: Tue May 10, 2011 10:42 am
by noidea
.. god bless you, 99er...
i have the same chart, but can't post it.....
let's see what happens
Re: 05/10/2011 Intraday Watering
Posted: Tue May 10, 2011 10:46 am
by Cobra
critical time, testing the previous high. a little consolidation here instead of either breakout or pullback is good for bulls.
Re: 05/10/2011 Intraday Watering
Posted: Tue May 10, 2011 10:46 am
by uempel
Posted this chart this morning on Cobra's blog. I guessed wrongly guessed the crossing of the candle Fib Fan on the daily (52.50 instead of 54.95), but so far the Fib Fan has held:
Re: 05/10/2011 Intraday Watering
Posted: Tue May 10, 2011 10:49 am
by 99er
noidea: "i have the same chart, but can't post it....."
One way to post charts is to (1) get a screen capture; (2) store it somewhere; and (3) post it. There are probably many ways to do this but I use Jing for the capture [jingproject.com] and a blog [blogger.com] to store it. Posting takes two clicks.
Please try to post...the more charts the merrier.
Re: 05/10/2011 Intraday Watering
Posted: Tue May 10, 2011 10:56 am
by noidea
99er wrote:noidea: "i have the same chart, but can't post it....."
One way to post charts is to (1) get a screen capture; (2) store it somewhere; and (3) post it. There are probably many ways to do this but I use Jing for the capture [jingproject.com] and a blog [blogger.com] to store it. Posting takes two clicks.
Please try to post...the more charts the merrier.
... thanks... i will try. the problem is i do have problems with my crap italian broker...
you, italy is ok for pizza, sunshine and women, but quite disappointing for brokers
Re: 05/10/2011 Intraday Watering
Posted: Tue May 10, 2011 10:57 am
by JTrader
Poor first hour gap fill... favors a trend day up with a close near the high of day. Let's see if I'm right (for a change).
I'm gonna shoot for SPY 136.
Re: 05/10/2011 Intraday Watering
Posted: Tue May 10, 2011 11:04 am
by FJoe
cletus wrote:The upside target is, and has been, 1366 (at least). Until it's hit the bears are wasting their time.
I agree Cletus, my reasoning is that we have tested the closing from last Thursday 2 times and it held...so this looks bullish...plus the closing high on 4/29 was never retested after the first down day...and that happens quite frequently.
What is your reasoning.
Re: 05/10/2011 Intraday Watering
Posted: Tue May 10, 2011 11:05 am
by Cobra
i think we'll see breakout soon.
Re: 05/10/2011 Intraday Watering
Posted: Tue May 10, 2011 11:07 am
by uempel
noidea wrote:99er wrote:noidea: "i have the same chart, but can't post it....."
One way to post charts is to (1) get a screen capture; (2) store it somewhere; and (3) post it. There are probably many ways to do this but I use Jing for the capture [jingproject.com] and a blog [blogger.com] to store it. Posting takes two clicks.
Please try to post...the more charts the merrier.
... thanks... i will try. the problem is i do have problems with my crap italian broker...
you, italy is ok for pizza, sunshine and women, but quite disappointing for brokers
You forgot operas and cars
