07/07/2011 Intraday Watering

[alphahorn]

just checking in on cheech and my bear friends. i posted this chart a couple of days back warning this was a wave 4 consolidation and there would be another move higher before a meaningful pullback. might even test the previous high first

Alphahorn,
With due apologies, All your projections have at-least 2 if not more possibilities. So it is always easy for you to come back and say, "I told you so".
Fact is , there never was any specific projections. Even now, can you please tell us what is your upside expectation and when. Or what do you mean by " meaningful pullback"? What level you expect the SPX to go down to and what is your time frame?
I do not want to sound dis-respectful and I am sure you do great work. But please please, can we have a opinion, for once?
There are people here like "Umepel" who give an opinion and stock to it and I personally have lots of respect for such people.

"BBFinance": Don’t expect an answer for alpha horn! He is already out of here, probably visiting some other blogs, in search of suckers who would pay a subscription to get the whole load of ambiguities and charts with hermetic, secretive indicators.
As a Rockies’ cougar, I know all these horned mountain-goats well…Just had one for breakfast…

OK Mr Alphahorn, since we didn't hear back from you with a definitive answer or opinion about the meaning of "meaningful Pullback" or time-frame, I suppose Cougar is right. All these are an exercise in search of money paying suckers in different blogs.
Here is my prediction based on my secretive indicators, the markets will reach a short term peak by June 12/13 and "meaningful Correction" (or whatever the hell that is) will not start before that.
We might get an opportunity to enter after the Option Expiration and the Markets will peak / Top by end of August.
I do not need any subscription to share my thoughts and if I am wrong, I will accept that I am wrong. But I put my own money where my mouth is.

every trade I make and my returns are documented and updated daily, i challenge all of you to do the same

[Cobra]

still nothing to say, guess it's just wait for the EMA20 blue line to catch up. Got a new notebook today, am setting it now. In order to keep updating everyday, everything has to be doubled, such as network and computer. So this is my backup computer in case my main computer accidentally broken.

[KENA]

Is there a book on Chart making and transfering charts to and from web sites to Cobera's etc. 99er gave me some info a while back but because I am slow to learn this computer stuff I gave up.I read a lot of charts and stuff but you guys are making me jealous. Thanks

[BullBear52x]

still nothing to say, guess it's just wait for the EMA20 blue line to catch up. Got a new notebook today, am setting it now. In order to keep updating everyday, everything has to be doubled, such as network and computer. So this is my backup computer in case my main computer accidentally broken.

Thanks Cobra, I am waiting the same 20 ema on 5min. or 200ma on 1min. before I can make my next move.

[uempel]

To me it looks as though the big boys want to break through the upper BB, and a good jobs number Friday would provide the strength...

[cougar]

"Pez": if this is what you mean...:
Parabolic and soon asymptotic price evolution + theoretical completion fo a bearish bat should be indeed unsustainable .
It appears that Uempel suggests the same…
But the bernank might have a different opinion

[MajorEasy]

15 min ES chart 8:00 am to 4:00 nyc time
midly negative divergence Chaikin Osc,
money flow negative
but don't expect the market to go down.
at 11:33 nyc time Chaikin Osc went negative on below chart.

[jamesmith]

still nothing to say, guess it's just wait for the EMA20 blue line to catch up. Got a new notebook today, am setting it now. In order to keep updating everyday, everything has to be doubled, such as network and computer. So this is my backup computer in case my main computer accidentally broken.

laoda ~~ i want to get a new notebook too~~ which one did you buy? :mrgreen:

[BBFinance]

just checking in on cheech and my bear friends. i posted this chart a couple of days back warning this was a wave 4 consolidation and there would be another move higher before a meaningful pullback. might even test the previous high first

Alphahorn,
With due apologies, All your projections have at-least 2 if not more possibilities. So it is always easy for you to come back and say, "I told you so".
Fact is , there never was any specific projections. Even now, can you please tell us what is your upside expectation and when. Or what do you mean by " meaningful pullback"? What level you expect the SPX to go down to and what is your time frame?
I do not want to sound dis-respectful and I am sure you do great work. But please please, can we have a opinion, for once?
There are people here like "Umepel" who give an opinion and stock to it and I personally have lots of respect for such people.

"BBFinance": Don’t expect an answer for alpha horn! He is already out of here, probably visiting some other blogs, in search of suckers who would pay a subscription to get the whole load of ambiguities and charts with hermetic, secretive indicators.
As a Rockies’ cougar, I know all these horned mountain-goats well…Just had one for breakfast…

OK Mr Alphahorn, since we didn't hear back from you with a definitive answer or opinion about the meaning of "meaningful Pullback" or time-frame, I suppose Cougar is right. All these are an exercise in search of money paying suckers in different blogs.
Here is my prediction based on my secretive indicators, the markets will reach a short term peak by June 12/13 and "meaningful Correction" (or whatever the hell that is) will not start before that.
We might get an opportunity to enter after the Option Expiration and the Markets will peak / Top by end of August.
I do not need any subscription to share my thoughts and if I am wrong, I will accept that I am wrong. But I put my own money where my mouth is.

every trade I make and my returns are documented and updated daily, i challenge all of you to do the same

This challenge has no meaning. You create your own record as you go. Start with a 3rd part tracking from today and we shall evaluate after one year. I suppose Paulson has not see your records yet, otherwise he would have made you the chief of his hedge funds.

[Cobra]

still nothing to say, guess it's just wait for the EMA20 blue line to catch up. Got a new notebook today, am setting it now. In order to keep updating everyday, everything has to be doubled, such as network and computer. So this is my backup computer in case my main computer accidentally broken.

laoda ~~ i want to get a new notebook too~~ which one did you buy?

inspiron 15 (2nd generation i5 core), not a powerful one but enough for backup machine.

[BBFinance]

"BBFinance": Don’t expect an answer for alpha horn! He is already out of here, probably visiting some other blogs, in search of suckers who would pay a subscription to get the whole load of ambiguities and charts with hermetic, secretive indicators.
As a Rockies’ cougar, I know all these horned mountain-goats well…Just had one for breakfast…[/quote]
OK Mr Alphahorn, since we didn't hear back from you with a definitive answer or opinion about the meaning of "meaningful Pullback" or time-frame, I suppose Cougar is right. All these are an exercise in search of money paying suckers in different blogs.
Here is my prediction based on my secretive indicators, the markets will reach a short term peak by June 12/13 and "meaningful Correction" (or whatever the hell that is) will not start before that.
We might get an opportunity to enter after the Option Expiration and the Markets will peak / Top by end of August.
I do not need any subscription to share my thoughts and if I am wrong, I will accept that I am wrong. But I put my own money where my mouth is.[/quote]

every trade I make and my returns are documented and updated daily, i challenge all of you to do the same[/quote]
This challenge has no meaning. You create your own record as you go. Start with a 3rd part tracking from today and we shall evaluate after one year. I suppose Paulson has not see your records yet, otherwise he would have made you the chief of his hedge funds.[/quote]
And you still have not responded as to what you think is " meaningful pullback", what is your level and when you expect it.

[The Hook]

Any views on CMG? $350 here we come?

[Mr. BachNut]

Been lurking and haven't posted in awhile.

Want to get bullish but having trouble with McCLellan Oscillator so high. Only see two comparable instances this high (July '10 and Jan '09). In July '10, SPY ticked up another 1.3% from initial overbought condition and then rolled over. Today, based on July 1 overbought close that would be SPY = 135.66. In Jan '09, market ticked up just a bit before rolling over.

If anyone can express why I should ignore this, it would be helpful.

I know overbought markets can get more overbought, and I am getting used to seeing new or rare action in this bull market, but as an intermediate term player, I think I want a better price or a more neutral condition before getting really long.

[Cobra]

This challenge has no meaning. You create your own record as you go. Start with a 3rd part tracking from today and we shall evaluate after one year. I suppose Paulson has not see your records yet, otherwise he would have made you the chief of his hedge funds.

Guys, please no fight here. I know you had unpleasant experiences with EWI, I did subscribe them for a year, it was mostly wrong, but it's interesting to read if it could go much cheaper, I'd consider re-subscribe them as it's no harm to see different opinions.

[uempel]

My last chart for today. I'm going for a workout and in the afternoon I've got other business. See you tomorrow, bye guys.

[cougar]

This challenge has no meaning. You create your own record as you go. Start with a 3rd part tracking from today and we shall evaluate after one year. I suppose Paulson has not see your records yet, otherwise he would have made you the chief of his hedge funds.

Guys, please no fight here. I know you had unpleasant experiences with EWI, I did subscribe them for a year, it was mostly wrong, but it's interesting to read if it could go much cheaper, I'd consider re-subscribe them as it's no harm to see different opinions.

Cobra: Yes…they recently offered me a bunch of their “specials” free of charge. A better price would be if they would pay me to read them! LOL!

[Cobra]

back to EMA20, but I don't see bull signal bar yet, so not sure when we'll have a rebound.

[pezhead9000]

"Pez": if this is what you mean...:
Parabolic and soon asymptotic price evolution + theoretical completion fo a bearish bat should be indeed unsustainable .
It appears that Uempel suggests the same…
But the bernank might have a different opinion

"Everything is going in our favor for stocks to go up," says Altucher. "I actually am worried we're entering into a boom phase that is going to be unstoppable in 2012."

Hopium, summer lifeguard jobs, dismissing euro credit ratings = escape velocity. "The object must have greater energy than the planet's gravitational energy to escape, so 1/2 mv^2 = (GMm)/r"

[MajorEasy]

what's this world coming to ?????
a tick below the 200 ema
just occurred
hurry hurry better buy the dip..

[Mr. T]

Why are you guys beating on Alphahorn?

Leave him be - he's not bothering anyone.
Who cares if he gives up and down targets..... last I checked the market can go up or down.
No one gets it right all the time - why feel the need for a pissing contest? Let it go, live in peace.

Mr. BachNut, I know what you mean. McCLellan has been bearish for a few days now - he's clueless why the Oscillator isn't working right now.
I like him - but he's either spot on, or very very wrong. This happens to be one of those times he's not calling it very well (he was neutral or bearish thru most of this run....... and yeah, I listened to him *Doh*)