09/30/2011 Intraday Watering

[Al_Dente]

10:00 internals view
Watching SH bear (inverted spy) today
Still early, but decliners 2300 solid bear, VIX 41 bear
http://stockcharts.com/h-sc/ui?s=SH&p=5 ... =244660020

[ultramarine]

I just use it to watch/draw chart. No money there. I use fidelity to trade.
Any other good realtime platform to draw chart? IB?

Freestockcharts.com has a live feed and a good charting package.

[pady]

Was expecting a gap fill to complete a zigzag correction then continue the drop. Still think another revisit to 1170.

[EvilTrader]

BTFD !!!!

[BullBear52x]

Gap down as expected, and good thing with this gap I see no need to get back to refill just sliding from here on if bears are serious

[Mongoose]

Chicago ISM, 60.4, New Orders 65.3, Inventories 60.3, Employment 60.6, Prices Paid 62.3

Comments from the Survey:

"We are seeing unannounced and incredible inflation on one product, multiple parts, that we are purchasing out of Europe. At 400% increase we thought surely must have been a mistake. This is not related to $ exchange since we pay in Euros already. Supplier says they cannot absorb costs anymore."

"Talk of tax increases has many of my suppliers nervous and they now are reluctant to expand their business with either labor or capital investments."

"We buy gold for our manufacturing process. Pricing is Ugly!!!!"

"Concerns with double dip recession due to short term strategies for raw material and energy
pricing (example: oil pricing has dropped significantly; however, prices at the pump remain elevated). This approach to pricing appears to be systemic resulting in eroding margins and lack of capital to fund growth for manufacturers in USA."

"Our production is slammed right now, but our backlog is still low, basically everything we are getting in we are pushing out the door as fast as we can complete them."

[Al_Dente]

can someone post EDZ one minute chart please, petty please while I try to download some thing.

sorry, too late to help u?

http://stockcharts.com/h-sc/ui?s=EDZ&p= ... =244956405

[KENA]

Update:

SPX6.png

You bet it is ,mkt has been pushing this area for quite some time..Maybe today we break.

[Tabby]

can someone post EDZ one minute chart please, petty please while I try to download some thing.

Thanks DRL, I have to use none pay free delay chart. bummer.

Sorry BB52x, I don't know how to post charts. I can tell you your 5SMA on 1 min chart is going toward lower BB. I think you use 5SMA.

[pady]

Expecting 115.38 to 116 bounce again.

[nikman]

Chicago PMI beat faded within minutes, but lots of buy programs still guarding the 114 area.

What was the estimate and the how big was the beat? Thanks~

[nimodo]

Hmm, my post didn't go thru so sending it again

From Mish's blog yesterday about connection between commodities plunge and China:
http://www.jjckb.cn/2011-09/29/content_334954.htm

Also interesting article re what's going on in China-it's in Chinese
http://www.jjckb.cn/2011-09/29/content_334954.htm

[BullBear52x]

can someone post EDZ one minute chart please, petty please while I try to download some thing.

Thanks DRL, I have to use none pay free delay chart. bummer.

Sorry BB52x, I don't know how to post charts. I can tell you your 5SMA on 1 min chart is going toward lower BB. I think you use 5SMA.

Thanks guys, I am good now I use the other slow chart, I held 3 shorts position so no harm here, just want to enjoy the look of it.

[Al_Dente]

Anyone know why the fertilizer names are being killed so badly?

Wow commod stocks lead down
Worst looks like ag MOO and China FXI

fertilizer feeds commod
dollar feeds all?
Not smart or cocky answer
Just quickest?

[billow]

Thanks!

I just use it to watch/draw chart. No money there. I use fidelity to trade.
Any other good realtime platform to draw chart? IB?

Freestockcharts.com has a live feed and a good charting package.

[Tabby]

can someone post EDZ one minute chart please, petty please while I try to download some thing.

Thanks DRL, I have to use none pay free delay chart. bummer.

Sorry BB52x, I don't know how to post charts. I can tell you your 5SMA on 1 min chart is going toward lower BB. I think you use 5SMA.

Thanks guys, I am good now I use the other slow chart, I held 3 shorts position so no harm here, just want to enjoy the look of it.

If you bought EDZ yesterday, then you are safe for now. EDZ moving along 5sma.
As soon as finish typing looks going lower.

[Cobra]

nothing to say, fighting the line I mentioned the last night, let's see if another sharp up surge from here...

[PLUNGE]

Don't forget that the Fed is doing POMO again next week at about half the amounts of QE2:

October 3, 2011* $2.75 - $3.50 billion

October 5, 2011* $3.25 - $4.00 billion

October 12, 2011* $3.25 - $4.00 billion

[Al_Dente]

can someone post EDZ one minute chart please, petty please while I try to download some thing.

Thanks DRL, I have to use none pay free delay chart. bummer.

BB: why not freestockcharts.com
no delay and incredibly fluid
just ask for what u need
u BIG giver on this board

[BullBear52x]

nothing to say, fighting the line I mentioned the last night, let's see if another sharp up surge from here...

Cobra is bullish? or the chart look bullish/