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Re: 03/02/2011 Intraday Watering

Posted: Wed Mar 02, 2011 11:44 am
by shumushu
Lol, I didn't know cobra posted the same chart minutes before I did. I need to be quicker =)

Re: 03/02/2011 Intraday Watering

Posted: Wed Mar 02, 2011 11:47 am
by EkOnkaar
Cobra, would it be possible to set the default on thi spage to shwo posts in "Descending" order? It is much better to start with the latest posts as you log on..
Thanks..Ek

Re: 03/02/2011 Intraday Watering

Posted: Wed Mar 02, 2011 11:48 am
by Cobra
shumushu wrote:Bullish: target 50% fib
Yes, the real resistance could at Fib 50.

Re: 03/02/2011 Intraday Watering

Posted: Wed Mar 02, 2011 11:49 am
by shumushu
Us kids in America are spoiled by low gas prices haha.

USO:

Re: 03/02/2011 Intraday Watering

Posted: Wed Mar 02, 2011 11:49 am
by Cobra
EkOnkaar wrote:Cobra, would it be possible to set the default on thi spage to shwo posts in "Descending" order? It is much better to start with the latest posts as you log on..
Thanks..Ek
You can go to your "User Control Panel" and set yourself. I cannot set it globally.

Re: 03/02/2011 Intraday Watering

Posted: Wed Mar 02, 2011 11:50 am
by wave
1320 is a key point.

Re: 03/02/2011 Intraday Watering

Posted: Wed Mar 02, 2011 11:52 am
by Cobra
The 2nd resistance. still nothing to say. The real resistance is the 3rd one which happens to be Fib 50 and Fib 38.2, see my 15 min chart post moment ago.

Re: 03/02/2011 Intraday Watering

Posted: Wed Mar 02, 2011 12:00 pm
by balance
is this short covering or POMO?
who's buying? because of Buffet's remarks??

Re: 03/02/2011 Intraday Watering

Posted: Wed Mar 02, 2011 12:03 pm
by 99er
SPX
Looks like there's limited upside from here.
http://99ercharts.blogspot.com/2011/03/spx_02.html

Re: 03/02/2011 Intraday Watering

Posted: Wed Mar 02, 2011 12:03 pm
by chickencoop
balance wrote:is this short covering or POMO?
who's buying? because of Buffet's remarks??

oil too

Re: 03/02/2011 Intraday Watering

Posted: Wed Mar 02, 2011 12:06 pm
by balance
but oil is up!

Re: 03/02/2011 Intraday Watering

Posted: Wed Mar 02, 2011 12:08 pm
by chickencoop
balance wrote:but oil is up!
it is stablized around 100 for now, which is not too bad.

Re: 03/02/2011 Intraday Watering

Posted: Wed Mar 02, 2011 12:11 pm
by Cobra
Channel. It was H2 long on EMA20 in the morning. I didn't pay attention.

Re: 03/02/2011 Intraday Watering

Posted: Wed Mar 02, 2011 12:13 pm
by 99er
Reuters Headline

Breaking News: Bernanke says if overall inflation began to rise then Fed would take monetary policy actions

Bozo.

Re: 03/02/2011 Intraday Watering

Posted: Wed Mar 02, 2011 12:14 pm
by Cobra
99er wrote:Reuters Headline

Breaking News: Bernanke says if overall inflation began to rise then Fed would take monetary policy actions

Bozo.
No actions so far from market.

Re: 03/02/2011 Intraday Watering

Posted: Wed Mar 02, 2011 12:16 pm
by chickencoop
99er wrote:Reuters Headline

Breaking News: Bernanke says if overall inflation began to rise then Fed would take monetary policy actions

Bozo.

was that an answer to a question or he volunteered the statement? Feds also state that so it shouldn't be too surprising.

Re: 03/02/2011 Intraday Watering

Posted: Wed Mar 02, 2011 12:22 pm
by Cobra
Roughly Fib 38.2, the last 3 bars don't look good, but my guess is the rebound isn't over yet. Just a guess, no evidences.

Re: 03/02/2011 Intraday Watering

Posted: Wed Mar 02, 2011 12:24 pm
by Cobra
Support. Not sure the coming H1 long is good idea or not. I'm pretty much clueless so far today. :oops:

Re: 03/02/2011 Intraday Watering

Posted: Wed Mar 02, 2011 12:27 pm
by Me XMan
If Cobra is clueless then time to sit on hands.

Re: 03/02/2011 Intraday Watering

Posted: Wed Mar 02, 2011 12:28 pm
by 99er
Crude
WW target of 92.95.
http://99ercharts.blogspot.com/2011/03/crude_02.html

See interesting video about crude below.

chickencoop: Only a Reuters headline for now; no story yet.