01/18/2012 Intraday Watering

[Me XMan]

Put in a stop-loss IMO.

Thanks! Hoping a good day soon as I am a bleeding bear...

[Me XMan]

Bears: Just sit out and wait I guess.
Bulls: Enjoy while it lasts.

Trading above 130.15 bears need to rethink the strategy. I am looking at 128.5 still

[cougar]

My Elliott Wave eye sees 1300 as a good area for a truncated 5th wave.

Hopefully you do not suffer of the “Elliott Syndrome” which is: with the left eye you see the market going up, while with the right eye you see it going down! (*)

------------------------

(*)…this is an innocent joke

[Me XMan]

My short position just got executed: $130.25

[KENA]

Next hi to break is 130.32..Lets see.

[jarbo456]

new high kills all the bears from last week...no?

[Al_Dente]

Paging Brandy
This chart contains a “quickie” summary on trin
Even quicker is this: generally speaking, Trin above 1 indicates volume flowing into declining stocks (selling pressure).
Trin below 1 indicates volume flowing into advancing stocks (buying pressure).

TRIN
http://stockcharts.com/h-sc/ui?s=$TRIN& ... listNum=15


PS: 57Chevy, nice hot pink avatar car, cool

[HappyFriday]

Time to buy VXX or TVIX ! JMHO
Right Master Cobra ??

Never front run !

[BullBear52x]

Bears: Just sit out and wait I guess.
Bulls: Enjoy while it lasts.

Trading above 130.15 bears need to rethink the strategy. I am looking at 128.5 still

5dma gave good support once again. NYDNV is too low I will keep my intraday short just for that. Dr. Al will not metion this because.....

[BullBear52x]

new high kills all the bears from last week...no?

If you holding single lot, yes, if you have no exit strategy stay in cash.

[jarbo456]

AUD/JPY has been ripping for the past hour and a half. i have to assume equities will continue to follow.

[zipper]

To the bears out there , the Wizard is calling for an afternoon sell off and a big down day tomorrow, With CObras views on reversal pattern showing up and divergences... Bulls might be running on Fumes till 1pm, just a fundemental view
Yes I am short ES 1295

[soku]

bulls getting tired. if long, think about exit plan now. don't fight against the tape.
chinese new year this weekend. cobra, where is my red envelope?

[SB73]

Cobra,

Just for understanding purposes have you executed a long position at this point to help offset while trend determines direction? Red NFP, VIX up SPY up not working.

[Al_Dente]

“CLOSE THE POD BAY DOORS, HAL”



Oy
Could anyone provide a link to that old CBS “60 Minutes” piece where Morley Safer (?) interviews the High Frequency Trading guy inside the computer room full of bot-thingies.
I need to watch that again
Pay link is fine. Free link is fine if its “legal”
TIA

5 min update
http://stockcharts.com/h-sc/ui?s=SPY&p= ... =249026794

Baron von Sharpie, please post yr nydnv, I AM WATCHING

[TraderGirl]

To the bears out there , the Wizard is calling for an afternoon sell off and a big down day tomorrow, With CObras views on reversal pattern showing up and divergences... Bulls might be running on Fumes till 1pm, just a fundemental view
Yes I am short ES 1295

Who is this wizard?

[noob]

bulls getting tired. if long, think about exit plan now. don't fight against the tape.
chinese new year this weekend. cobra, where is my red envelope?

Cobra, could you update us if you've added some longs? That would be a good indication to us who's holding shorts. Thanks!

[zipper]

To the bears out there , the Wizard is calling for an afternoon sell off and a big down day tomorrow, With CObras views on reversal pattern showing up and divergences... Bulls might be running on Fumes till 1pm, just a fundemental view
Yes I am short ES 1295

Who is this wizard?

The Wizard is the financial astrologer... His dam good

[SB73]

bulls getting tired. if long, think about exit plan now. don't fight against the tape.
chinese new year this weekend. cobra, where is my red envelope?

Cobra, could you update us if you've added some longs? That would be a good indication to us who's holding shorts. Thanks!

I added short even though it is a front run...looks toppy. Hopefully the wizard is right.

[TraderGirl]

To the bears out there , the Wizard is calling for an afternoon sell off and a big down day tomorrow, With CObras views on reversal pattern showing up and divergences... Bulls might be running on Fumes till 1pm, just a fundemental view
Yes I am short ES 1295

Who is this wizard?

The Wizard is the financial astrologer... His dam good

So what does he say about next monday? When will this market turn down?