08/26/2011 Intraday Watering

[jarbo456]

still think it's hard to go further down from here, got to be a rebound of some kind.

i agree...but i think further selling into the European close before liquidity dries up and we find some equilibrium near the low of the day.

sell the rebound.

do you agree cobra?

[uempel]

Guys, don't long yet...

[Ninja Trader]

some top timers I follow looking for huge down from here, 150-250 s&p points by end of september

I have no idea, staying in cash

good luck

[99er]

Paging Tabby...
SPX http://99ercharts.blogspot.com/2011/08/spx_9608.html

[KENA]

<114 it is.....last stand for Bulls

I would like to think the Bulls are now Sleeping.

[uempel]

Guys, don't long yet...

1143 is important support - presumably SPX will stay here for quite some time.

[jarbo456]

<114 it is.....last stand for Bulls

I would like to think the Bulls are now Sleeping.

or hopefully at walmart buying flashlights, batteries, and bottled water.

anything to keep them preoccupied.

[fuddleduddle]

So this may be the start of the 5th wave down to and past August 9th lows.. and end of the wave might conveniently be the sept FOMC meetings.

[99er]

Gee honey...
BKX http://99ercharts.blogspot.com/2011/08/bkx.html

Can bankstas surf?

[Tabby]

Paging Tabby...
SPX http://99ercharts.blogspot.com/2011/08/spx_9608.html

Tabby weraing goggles and helmet.Tabby left the building and not coming back till Hurricane Benny is over.

[barbaragull]

Tech seems very strong. Why?

[jarbo456]

this is a rather strong rebound. apparently the bulls aren't out preparing for the hurricane.

[flrtrader]

Trend line down the 5m es is at 1150... Go-No- Go?

[rola]

AAPL allmost 1% up!!

[uempel]

Guys, don't long yet...

1143 is important support - presumably SPX will stay here for quite some time.

Wrong short term call, sorry guys.

[jarbo456]

can't lie. totally confused. has their been a reinterpretation of what bernanke said?

[EvilTrader]

JACKSON HOLE.....

BEAR TRAP ?

[BullBear52x]

guess 1std BB 20 is doing its job pretty well. Red line.

[Al_Dente]

Cobra, we hit your target 114 ish measured move that you drew yest on the 60m. Spot on.

[Petsamo]

Looks like a repeat of the previous bottom where we had a panic sell off, then a panic short-covering. Gotta luv these markets!