10/05/2011 Intraday Watering

[99er]

Updates

Gold http://99ercharts.blogspot.com/2011/10/gold_05.html
Silver http://99ercharts.blogspot.com/2011/10/silver_05.html

[gabor]

Cobra, would you start a poll, if the low was in yesterday or not!!!!!

[BullBear52x]

Updates

Copper http://99ercharts.blogspot.com/2011/10/copper_05.html
Crude http://99ercharts.blogspot.com/2011/10/crude_05.html
30-Year http://99ercharts.blogspot.com/2011/10/30y_05.html

Thanks 99er, these are my favorite group to look at.

[stockcycle]

Expect a pullback @1103

after what high?

Bulls trong, may be 1110 after 1129.47

[KENA]

I am bear now, sell, stop 113.5

I took my horns off yesterday afternoon.there still off..Looking to sell my SPY protective call for a profit and add to my SPY short..Wait and see and have good trading..Looking for a dive in this mkt.

[rhight]

NDX internals: back in a cycling mode.
Nice…but no cigar yet…

hi cougar
what does cycling mean?
thx

The “Empirical Mode“, which is based on the idea of “movement decomposition”, defines 3 domains, which attempt to “diagnose” those “modes”.

That is an interesting concept, “movement decomposition”, although not available thru stockcharts. I use ADX to distinguish between trending and non-trending, or consolidation "modes". Are they roughly comparable in your opinion?

[BullBear52x]

I am bear now, sell, stop 113.5

I took my horns off yesterday afternoon.there still off..Looking to sell my SPY protective call for a profit and add to my SPY short..Wait and see and have good trading..Looking for a dive in this mkt.

Whatever you do, Don't underestimate my uncle though.

[99er]

RUT
Update
http://99ercharts.blogspot.com/2011/10/rut_05.html

[KENA]

I am bear now, sell, stop 113.5

I took my horns off yesterday afternoon.there still off..Looking to sell my SPY protective call for a profit and add to my SPY short..Wait and see and have good trading..Looking for a dive in this mkt.

Whatever you do, Don't underestimate my uncle though.

ya I know and your right..Have to watch all the time.

[agnosia]

ok long /cl 78.40, stop 78. /es not playing along so not sure if this will work

[BullTart]

Been in cash after taking profits on TVIX calls on Monday.

Could have made more if I stayed with TVIX into Tuesday, but I doubt I would have had the guts to take profits before that massive explosion right at the end.

Now that I luckily side stepped that massacre, it's looking like we've made a daily swing low.

Dipped into some spec 3X long S&P ETF (UPRO) calls at the open to see if I can join the temporary ride up here.

I've learned to not get too greedy and cocky, because as soon as you think you can "telegraph" what's going to happen with a degree of overconfidence, that's when your faced will get ripped off.

I hate bear traps. Grudgingly long now. A profit is a profit is a profit.

[stucap]

I am bear now, sell, stop 113.5

i like that trade --- 5 min ES testing the VWAP --- bulls aren't looking overly "greedy"

at this juncture is my definition of sell the rip. good risk/reward zone.

yup resi above, clear downside potential below, downward trend....good trade.

[jarbo456]

bulls need to take out 113 decisively or else it's looking like an intraday double top.

[bushwaffle]

bulls need to take out 113 decisively or else it's looking like an intraday double top.

rising wedge since open too

[agnosia]

ok long /cl 78.40, stop 78. /es not playing along so not sure if this will work

looking good.. waiting for the 10/20 ema's to catch up on the 5min charts.

[ddd]

Bears today beware /NQ.

[waverider]

bullish internals
annotated
http://stockcharts.com/h-sc/ui?s=SPY&p= ... =245336889

Do you always draw the $nyadv line at 2000 to long?

[BullBear52x]

Bulls are strong, but the ceiling is not far out.

[agnosia]

damn got stopped out at break even. euro doesn't want to play along. not willing to risk much today after yesterdays nice gains.

[jarbo456]

guess it's double top. -_-