05/10/2011 Intraday Watering

[agnosia]

i dunno about a breakout, today feels like yesterday .... heavy resistance above.

[PLUNGE]

IWM, SPY, AND DIA have moved up to their .618 retracements of the last move down from the 5/2 tops.

[Mr. T]

Yoku..... I think Uncle Ben needs a quick peck on the cheek. Stop sucking face and have your girl give him a cheap thrill, he's probably never been kissed.

Dos Bears tried to take my gold, and Bennie stopped them!

"He works hard for the money - so you better treat him right....."

lol

[Dow Trader]

that's 1 point and 13 to go for spx 1340

[gabor]

i think we'll see breakout soon.

Did you mean down?

[uempel]

SPX seems to like the red Fib Fan.

[99er]

uempel:

Who's thinking about cars?

http://24.media.tumblr.com/BZJQ126K0d7y ... k4_400.jpg

[Olly Varadi]

market will go to yesturday's open (it is a must target)
almost the lowest daily volume this year = go to the open soon
I am short and that is my target

Almost exactly the same play book as me. Not necessarily to yesterday's open but I called a red close hours before the open today.

Even better for the bears if the close this thing green today <1% upside.

[noidea]

noidea: "i have the same chart, but can't post it....."

One way to post charts is to (1) get a screen capture; (2) store it somewhere; and (3) post it. There are probably many ways to do this but I use Jing for the capture [jingproject.com] and a blog [blogger.com] to store it. Posting takes two clicks.

Please try to post...the more charts the merrier.

... thanks... i will try. the problem is i do have problems with my crap italian broker...

you, italy is ok for pizza, sunshine and women, but quite disappointing for brokers

You forgot operas and cars

Ferrariff.png

don't know much about opera.... but how do you know that's my car???

[soku]

Koku..... I think Uncle Ben needs a quick peck on the cheek. Stop sucking face and have your girl give him a cheap thrill, he's probably never been kissed.

Dos Bears tried to take my gold, and Bennie stopped them!

"He works hard for the money - so you better treat him right....."

lol

it's yoku, man. and u know my favorite stock. just grab couple points on it this morning. will cover around 53.1
in mainland china, instead of "google it", u need to "bidu it". instead of youtube, u will have to check on yoku.

[Cobra]

hmm, this doesn't feel good, pullback right at the resistance area. I need see more price actions though.

[uempel]

uempel:

Who's thinking about cars?

http://24.media.tumblr.com/BZJQ126K0d7y ... k4_400.jpg

I'm not thinking about cars, I'm busy making money to buy an FF...

[gabor]

We have to close in red, otherwise I will close my longterm short position.

[cletus]

The upside target is, and has been, 1366 (at least). Until it's hit the bears are wasting their time.

I agree Cletus, my reasoning is that we have tested the closing from last Thursday 2 times and it held...so this looks bullish...plus the closing high on 4/29 was never retested after the first down day...and that happens quite frequently.

What is your reasoning.

I don't need reasoning. I get my signals from the NY Fed. All moves in the market are planned.

[99er]

uempel: "FF"

Is that "femme fatale"?

[soku]

let me try try jing 1 more time

[Mr. T]

Koku..... I think Uncle Ben needs a quick peck on the cheek. Stop sucking face and have your girl give him a cheap thrill, he's probably never been kissed.

Dos Bears tried to take my gold, and Bennie stopped them!

"He works hard for the money - so you better treat him right....."

lol

it's yoku, man. and u know my favorite stock. just grab couple points on it this morning. will cover around 53.1
in mainland china, instead of "google it", u need to "bidu it". instead of youtube, u will have to check on yoku.

Sorry man - I caught it after I hit submit = see I went back and fixed it

[Dow Trader]

Russell stronger than AUD today, that is usually not a good sign for bulls. Except if AUD go up strong frm here, otherwise we are going down hard from here

[wishful]

Russell stronger than AUD today, that is usually not a good sign for bulls. Except if AUD go up strong frm here, otherwise we are going down hard from here

thougt RUT breakout, Friday high is passed...?

[bbc]

Russell stronger than AUD today, that is usually not a good sign for bulls. Except if AUD go up strong frm here, otherwise we are going down hard from here

AUD.USD?