02/29/2012 Intraday Watering

[SB73]

nugt lost 5% in 5 min (3x Gold Miners)

[btran874]

the push up was strong, so hardly is 1 legged. This pullback will be bought.

Also the rebound thus far is so strong too. So this is at best a zz and will be bought aggressively. It ain't gonna turn into a downward 3 that I know for sure.

[Al_Dente]

nugt lost 5% in 5 min (3x Gold Miners)

senor
slv in tank too............

[PRI]

1min
Something just happened (?)
Nyadv was >2000 (“bull trend” day) and is now 1900 ish (not quite a bull trend day)
BOTS ARE ACTIVE (volume)
http://stockcharts.com/h-sc/ui?s=SPY&p= ... listNum=15

Whatever it was it slammed the euro down to yesterday's low, hit our futures hard and the dax as well.
Much like the 14th though, the ball seems to be in AAPL's court. That goes and they all fall down.

[jimme]

NDX: Watching this impulsve up leg

(thewavetrading.com)

Don't we have an intermediate sell on the NDX. I heard or read it somewhere. I hate being old because you forget things. Did you see the dollar? A 3 minute rally that made a big green candle on a 60 min chart. Scarey! Good luck again and carry on. GLTA jimme

[uempel]

Update:

[PRI]

1min
Something just happened (?)
Nyadv was >2000 (“bull trend” day) and is now 1900 ish (not quite a bull trend day)
BOTS ARE ACTIVE (volume)
http://stockcharts.com/h-sc/ui?s=SPY&p= ... listNum=15

Whatever it was it slammed the euro down to yesterday's low, hit our futures hard and the dax as well.
Much like the 14th though, the ball seems to be in AAPL's court. That goes and they all fall down.

As we speak (type), AAPL has a new lod and has entered its gap.

[Al_Dente]

Update on volume flow into declining stocks (still on test)
http://stockcharts.com/h-sc/ui?s=SPY&p= ... =258735636

[SB73]

nugt lost 5% in 5 min (3x Gold Miners)

senor
slv in tank too............

Senor,

Something doesn't feel right...just shy of the top of the BB now selling

[SB73]

nugt lost 5% in 5 min (3x Gold Miners)

senor
slv in tank too............

Senor,

Something doesn't feel right...just shy of the top of the BB now selling

With that said I will wait for a few more bars...not a good spot IMO to be short or long

[Mr. BachNut]

My stop approacheth. Up closes today and tomorrow might do it. Grumbles.

[Cobra]

H2, possible double bottom in the forming.

[Mr. BachNut]

Huge TLT action around 10 am. There seems to be a lot in motion today.

[Cobra]

ok, failed double bottom. here's some fib info.

[Petsamo]

long CLF @ 64.05, 50 shares only

[essessme]

Ben B is speaking to Congress

[Cobra]

target. but I don't believe any bear target now.

[Al_Dente]

Ben B is speaking to Congress

when?
what channel?
thx essessme

[uempel]

Update:

[TWT]

EURUSD: this pullback could get impulsive = Potential top in place

(thewavetrading.com)