02/03/2012 Intraday Watering

[xiakeman]

Target met, then?

[BullBear52x]

Target met, then?

normally get out in cash and wait for another set up.

[xiakeman]

cashed,Thanks!

[Al_Dente]

Check yr 1 min volume
GIANT vol spike, bots are buying this at the moment

[BullBear52x]

Check yr 1 min volume
GIANT vol spike, bots are buying this at the moment

so you suggested we jump in with the bots?

[hiram]

3 push up short forming on spy 15min?

Hiram

[uempel]

Paging uempel.

The ellipses tell me there is a signal at ~10:30 (SPY). I am a new disciple of the ellipse. Do you see that?

Pls show us the chart.

[Cobra]

Cobra's target met.

yes, target met, but this also means the push up is strong, there's more on the upside. I don't mean today of course. may or may not.

[stlwater]

No offense, but I wouldn't offer the bears any hope at all.. give them enough rope and they just might hang themselves with it..

Gap up to new high, so normally the gap won't be filled. I'm not sure because as I said last night, NFP day tends to open high go lower, so let's wait and see.

Global ES goes exactly like I planed last night. Whether this is the last push up, depends on bear's luck. Guess bears need pray here again.

[Al_Dente]

Check yr 1 min volume
GIANT vol spike, bots are buying this at the moment

so you suggested we jump in with the bots?

Suggesting nada Baron, just a note as to WHO is doing the buying
New low VIX (?)
All we can do is follow our rules
…….and Cobra……

[THAT GUY]

The only hope I have now is the Gravity rule..... no matter how high the market goes, it must come down by that rule

No offense, but I wouldn't offer the bears any hope at all.. give them enough rope and they just might hang themselves with it..

Gap up to new high, so normally the gap won't be filled. I'm not sure because as I said last night, NFP day tends to open high go lower, so let's wait and see.

Global ES goes exactly like I planed last night. Whether this is the last push up, depends on bear's luck. Guess bears need pray here again.

[uempel]

Quatzi, I see something at 11 a.m, not sure how good it is.

[Cobra]

we might have an exhaustion bar here.

[Unique]

VIX is pretty much at historic lows. I'm underwater, but hanging on.

Any bears capitulating?

[BullBear52x]

something to look at if you are a bear, since nothing you can do but wait for another good set up

[SWalsh]

Not that there is any logic remaining, but this would be a logical spot to turn from based on trendlines:

[waverider]

Couldn't resist BB, VIX is resilient to this buying, 30 year treasuries finding support,the dollar is up.

Thanks Cougar, will look for a close there or else cover.

Al, that makes sense as Brazil's market seems to be doing well. Smart Money ran an interesting article about new emerging markets, stating the BRICs will be slowing down a bit, not growing 250% collectively in ten years. Isn't that surprising no one knows about him? They're catching onto Glasses his new stuff somewhat.

[ClarkW]

SONC still going strong....

[TraderGirl]

I think they know I shorted this one ouch! gap up pass both critical fan line, a little more room to the up side if that's where they have in mind.

BB, I have a perfect tag...

[quatzl]

Quatzi, I see something at 11 a.m, not sure how good it is.

Thanks for the response. I was working on a 5 min chart. I am unable to post images at the moment.